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Wednesday, 16 November 11
CHINA'S INDONESIA COAL IMPORTS RISE IN OCTOBER
 COALspot.com: Indonesia, the world largest coal exporter, shipped 31,162,688 MT of coal in October 2011.
China was a largest importer of Indonesian coal in October 2011 and pushed India to quite far. China bought nearly 12.58 million tons of coal from Indonesia last month and India has imported only 3.96 million tons, which is only around 30 percent of Chinese's imports.
40.38 percent of total Indonesian coal exports in October shipped to China.
Indian imports were dropped drastically since last two months, acording to available export data.
"Despite an acute fuel shortage, Indian power producers are refusing to buy expensive coal, leaving coal importers to face big losses as stocks mount up. Coal stock piles at various ports have reached record levels and are estimated to surpass the 11Mt mark", as stated by economic times.
However as reported by business spectator of Australia, "By 2020, when it comes to coal imports, India will be a new China as the largest importer of coal in the world. Coal is set to remain a major energy source alongside oil over the next 25 years on strong Asian demand, an uncertain outlook for nuclear power and despite the popularity of natural gas. Coal will be very competitive for a long time," Richard Jones, deputy executive director of the International Energy Agency (IEA) told AFP in an interview.
"Coal will remain the main energy in many countries, principally China and India," Jones said last week as the IEA published its 25-year outlook, business spectator further said.
“Chinese's interest for Indonesian coal still there, but it is not as last few weeks back", said a trader.
Chinese buyers are dominating Indonesian coal exports since the end of 1st quarter of this year, and the trend will expected to continue and China will be major importer of Indonesian coal for this year, said market players. Chinese buyers are also keen to buy Indonesian high sulphur coal coampre to Indian buyers.
South Korea, Japan and Taiwan have imported 8.96 million tons of coal in October 2011.
The coal export information within this article is provided by coalspot.com on an "as is" and "as available” basis. All details about, given in good faith, without guarantee and COALspot.com disclaims all responsibility or liability. While every care has been taken to ensure the accuracy of information furnished in this article. COALspot.com shall be obliged if errors / omissions are brought to its notice for carrying out corrections in this article.
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Thursday, 17 November 11
DRY BULK MARKET INCHES FORWARD AND INTO HIGHER GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market edged higher yesterday, on the back of stronger demand for Capesize vessels and general improvement of sentiment on most of the ...
Thursday, 17 November 11
KOMIPO INVITES BIDS FOR 500K MT OF COAL
COALspot.com - Korea Midland Power Co. Ltd.(KOMIPO) is inviting bids for the supply of 500,000 Metric Tons of minimum 5700 kcal/kg coal of NAR bases ...
Thursday, 17 November 11
INDONESIAN GOVERNMENT PLANS TO ISSUE MORATORIUM ON COAL MINING LICENSE
COALspot.com - Energy and mineral resources ministry is plans to issue a moratorium on the issuance of coal mining licenses, after the anti-graft co ...
Wednesday, 16 November 11
KRISHNAPATNAM PORT BECOMES DEEPEST DRAFT PORT IN INDIA
COALspot.com - Krishnapatnam Port in its quest to be the best port in India has increased its draft to 17.5 meters, according to E-Mail statement fr ...
Wednesday, 16 November 11
TAX OFFICE VOWS TO CRACK DOWN ON COAL MINERS - JP
The Jakarta Post reported that, the Finance Ministry’s Directorate General of Taxation says that it will strengthen its supervision of coal mi ...
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- Orica Australia Pty. Ltd.
- Maharashtra Electricity Regulatory Commission - India
- Carbofer General Trading SA - India
- Rashtriya Ispat Nigam Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- CIMB Investment Bank - Malaysia
- Coalindo Energy - Indonesia
- Bharathi Cement Corporation - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sindya Power Generating Company Private Ltd
- Coal and Oil Company - UAE
- Energy Development Corp, Philippines
- Tamil Nadu electricity Board
- Anglo American - United Kingdom
- Altura Mining Limited, Indonesia
- PNOC Exploration Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Gujarat Mineral Development Corp Ltd - India
- McConnell Dowell - Australia
- Indonesian Coal Mining Association
- Bhoruka Overseas - Indonesia
- Africa Commodities Group - South Africa
- Kepco SPC Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Meralco Power Generation, Philippines
- Toyota Tsusho Corporation, Japan
- Wood Mackenzie - Singapore
- Australian Coal Association
- TNB Fuel Sdn Bhd - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Uttam Galva Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Therma Luzon, Inc, Philippines
- Central Electricity Authority - India
- Maheswari Brothers Coal Limited - India
- Antam Resourcindo - Indonesia
- Port Waratah Coal Services - Australia
- Kalimantan Lumbung Energi - Indonesia
- The University of Queensland
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Posco Energy - South Korea
- Alfred C Toepfer International GmbH - Germany
- Bulk Trading Sa - Switzerland
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- Agrawal Coal Company - India
- Ministry of Mines - Canada
- Makarim & Taira - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Iligan Light & Power Inc, Philippines
- Bhushan Steel Limited - India
- VISA Power Limited - India
- Baramulti Group, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Planning Commission, India
- Indika Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Banpu Public Company Limited - Thailand
- Minerals Council of Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Interocean Group of Companies - India
- Meenaskhi Energy Private Limited - India
- Australian Commodity Traders Exchange
- Independent Power Producers Association of India
- GAC Shipping (India) Pvt Ltd
- Economic Council, Georgia
- Coastal Gujarat Power Limited - India
- Power Finance Corporation Ltd., India
- Miang Besar Coal Terminal - Indonesia
- Renaissance Capital - South Africa
- Simpson Spence & Young - Indonesia
- Borneo Indobara - Indonesia
- Vedanta Resources Plc - India
- Ind-Barath Power Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Timah Investasi Mineral - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tata Chemicals Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Heidelberg Cement - Germany
- Krishnapatnam Port Company Ltd. - India
- Latin American Coal - Colombia
- CNBM International Corporation - China
- Metalloyd Limited - United Kingdom
- Mercator Lines Limited - India
- Indo Tambangraya Megah - Indonesia
- Bhatia International Limited - India
- LBH Netherlands Bv - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Star Paper Mills Limited - India
- Aditya Birla Group - India
- SMC Global Power, Philippines
- Larsen & Toubro Limited - India
- Gujarat Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- Global Business Power Corporation, Philippines
- Eastern Coal Council - USA
- Videocon Industries ltd - India
- Georgia Ports Authority, United States
- Cigading International Bulk Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Parliament of New Zealand
- Sarangani Energy Corporation, Philippines
- PTC India Limited - India
- Riau Bara Harum - Indonesia
- Oldendorff Carriers - Singapore
- Billiton Holdings Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Central Java Power - Indonesia
- Electricity Generating Authority of Thailand
- Indian Oil Corporation Limited
- Binh Thuan Hamico - Vietnam
- Medco Energi Mining Internasional
- GVK Power & Infra Limited - India
- Cement Manufacturers Association - India
- Petron Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Kohat Cement Company Ltd. - Pakistan
- Asmin Koalindo Tuhup - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Thai Mozambique Logistica
- Edison Trading Spa - Italy
- Mercuria Energy - Indonesia
- Indian Energy Exchange, India
- Ministry of Transport, Egypt
- MS Steel International - UAE
- Salva Resources Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Kartika Selabumi Mining - Indonesia
- Sojitz Corporation - Japan
- Commonwealth Bank - Australia
- GN Power Mariveles Coal Plant, Philippines
- Merrill Lynch Commodities Europe
- Chamber of Mines of South Africa
- Ministry of Finance - Indonesia
- Lanco Infratech Ltd - India
- Manunggal Multi Energi - Indonesia
- Bangladesh Power Developement Board
- Dalmia Cement Bharat India
- ICICI Bank Limited - India
- Parry Sugars Refinery, India
- Neyveli Lignite Corporation Ltd, - India
- Trasteel International SA, Italy
- Sinarmas Energy and Mining - Indonesia
- IEA Clean Coal Centre - UK
- Semirara Mining and Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Savvy Resources Ltd - HongKong
- Sical Logistics Limited - India
- Kumho Petrochemical, South Korea
- Mjunction Services Limited - India
- Globalindo Alam Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Baiduri Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Global Green Power PLC Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Deloitte Consulting - India
- Siam City Cement - Thailand
- SMG Consultants - Indonesia
- Barasentosa Lestari - Indonesia
- Mintek Dendrill Indonesia
- Malabar Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- Eastern Energy - Thailand
- Attock Cement Pakistan Limited
- Singapore Mercantile Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Goldman Sachs - Singapore
- New Zealand Coal & Carbon
- Gujarat Sidhee Cement - India
- Pipit Mutiara Jaya. PT, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- India Bulls Power Limited - India
- Indogreen Group - Indonesia
- Chettinad Cement Corporation Ltd - India
- Sree Jayajothi Cements Limited - India
- GMR Energy Limited - India
- Marubeni Corporation - India
- San Jose City I Power Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Formosa Plastics Group - Taiwan
- Orica Mining Services - Indonesia
- White Energy Company Limited
- Jindal Steel & Power Ltd - India
- The Treasury - Australian Government
- Ambuja Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Wilmar Investment Holdings
- Intertek Mineral Services - Indonesia
- Grasim Industreis Ltd - India
- OPG Power Generation Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Xindia Steels Limited - India
- Sakthi Sugars Limited - India
- Energy Link Ltd, New Zealand
- London Commodity Brokers - England
- Thiess Contractors Indonesia
- Electricity Authority, New Zealand
- Vizag Seaport Private Limited - India
- Aboitiz Power Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Madhucon Powers Ltd - India
- ASAPP Information Group - India
- Essar Steel Hazira Ltd - India
- Romanian Commodities Exchange
- South Luzon Thermal Energy Corporation
- Bayan Resources Tbk. - Indonesia
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