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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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Wednesday, 16 November 11
A STRONG WEEK FOR THE CAPES - BRS
A sharp bounce by the Cape market pushed the BDI up by 3% last week. This was despite a softening in the other indices with the Panamax, Supramax an ...
Monday, 14 November 11
BORL SEEKS 660K MT OF LOW SULPHUR COAL
COALspot.com - BORL India has issued a tender for around 660,000 MT of 4500 - 5500 kcal/kg sub-bituminous Coal.
Bharat Oman Refineries Ltd ...
Sunday, 13 November 11
BUNKER PRICES REMAINED FIRM
COALspot.com - The market seemed to recover this week with the BDI and Cape Index up.
The BDI was up by only about 2.86 pct closing at 1835 point ...
Saturday, 12 November 11
COALINDO ENERGY LAUNCHED INDEX FOR 3400 GAR COAL
COALspot.com - PT Coalindo Energy, in cooperation with Argus Media Limited, launched the coal index for low-rank coal with a calorific value of 3,40 ...
Saturday, 12 November 11
BBJ WILL RELEASE A COAL CONTRACT
Jakarta Futures Exchange will soon release a coal futures contracts during the quarter 1 / 2012.
Director of the Jakarta Futures Exchange (BBJ) S ...
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- Indian Oil Corporation Limited
- Wilmar Investment Holdings
- AsiaOL BioFuels Corp., Philippines
- PNOC Exploration Corporation - Philippines
- Mintek Dendrill Indonesia
- Georgia Ports Authority, United States
- Interocean Group of Companies - India
- Indogreen Group - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aboitiz Power Corporation - Philippines
- Sical Logistics Limited - India
- Merrill Lynch Commodities Europe
- Kapuas Tunggal Persada - Indonesia
- Sree Jayajothi Cements Limited - India
- Ceylon Electricity Board - Sri Lanka
- The Treasury - Australian Government
- GAC Shipping (India) Pvt Ltd
- Aditya Birla Group - India
- Power Finance Corporation Ltd., India
- Kumho Petrochemical, South Korea
- Salva Resources Pvt Ltd - India
- Siam City Cement PLC, Thailand
- India Bulls Power Limited - India
- Altura Mining Limited, Indonesia
- Ambuja Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Savvy Resources Ltd - HongKong
- Sakthi Sugars Limited - India
- Simpson Spence & Young - Indonesia
- Africa Commodities Group - South Africa
- Maheswari Brothers Coal Limited - India
- Trasteel International SA, Italy
- Mercator Lines Limited - India
- Larsen & Toubro Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Thiess Contractors Indonesia
- Xindia Steels Limited - India
- The University of Queensland
- Global Green Power PLC Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Tamil Nadu electricity Board
- The State Trading Corporation of India Ltd
- IEA Clean Coal Centre - UK
- Mjunction Services Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- GVK Power & Infra Limited - India
- Bulk Trading Sa - Switzerland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bharathi Cement Corporation - India
- Uttam Galva Steels Limited - India
- Malabar Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Indian Energy Exchange, India
- Globalindo Alam Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- Timah Investasi Mineral - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Kepco SPC Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- TeaM Sual Corporation - Philippines
- MS Steel International - UAE
- Global Coal Blending Company Limited - Australia
- Alfred C Toepfer International GmbH - Germany
- Coastal Gujarat Power Limited - India
- Semirara Mining Corp, Philippines
- Sojitz Corporation - Japan
- Mercuria Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Eastern Coal Council - USA
- Heidelberg Cement - Germany
- Toyota Tsusho Corporation, Japan
- SN Aboitiz Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Cement Manufacturers Association - India
- Independent Power Producers Association of India
- Kobexindo Tractors - Indoneisa
- Anglo American - United Kingdom
- Sarangani Energy Corporation, Philippines
- Attock Cement Pakistan Limited
- Pendopo Energi Batubara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rio Tinto Coal - Australia
- Goldman Sachs - Singapore
- Meralco Power Generation, Philippines
- Formosa Plastics Group - Taiwan
- Price Waterhouse Coopers - Russia
- LBH Netherlands Bv - Netherlands
- Orica Mining Services - Indonesia
- San Jose City I Power Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Mines - Canada
- Offshore Bulk Terminal Pte Ltd, Singapore
- Star Paper Mills Limited - India
- Singapore Mercantile Exchange
- Coal and Oil Company - UAE
- Economic Council, Georgia
- Vedanta Resources Plc - India
- Holcim Trading Pte Ltd - Singapore
- Lanco Infratech Ltd - India
- Parliament of New Zealand
- Sindya Power Generating Company Private Ltd
- Ministry of Finance - Indonesia
- Electricity Authority, New Zealand
- Port Waratah Coal Services - Australia
- Medco Energi Mining Internasional
- Orica Australia Pty. Ltd.
- ICICI Bank Limited - India
- Cigading International Bulk Terminal - Indonesia
- Agrawal Coal Company - India
- London Commodity Brokers - England
- Electricity Generating Authority of Thailand
- Gujarat Mineral Development Corp Ltd - India
- Commonwealth Bank - Australia
- Coalindo Energy - Indonesia
- Eastern Energy - Thailand
- SMG Consultants - Indonesia
- GMR Energy Limited - India
- Leighton Contractors Pty Ltd - Australia
- PTC India Limited - India
- Essar Steel Hazira Ltd - India
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- Posco Energy - South Korea
- Straits Asia Resources Limited - Singapore
- Gujarat Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Kideco Jaya Agung - Indonesia
- Tata Chemicals Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Energy Development Corp, Philippines
- Ministry of Transport, Egypt
- CIMB Investment Bank - Malaysia
- Iligan Light & Power Inc, Philippines
- PowerSource Philippines DevCo
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Romanian Commodities Exchange
- Dalmia Cement Bharat India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Videocon Industries ltd - India
- Central Electricity Authority - India
- International Coal Ventures Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Chamber of Mines of South Africa
- Indonesian Coal Mining Association
- Marubeni Corporation - India
- Baramulti Group, Indonesia
- Karaikal Port Pvt Ltd - India
- Latin American Coal - Colombia
- Bangladesh Power Developement Board
- Bayan Resources Tbk. - Indonesia
- Siam City Cement - Thailand
- Therma Luzon, Inc, Philippines
- Edison Trading Spa - Italy
- Krishnapatnam Port Company Ltd. - India
- Energy Link Ltd, New Zealand
- Petron Corporation, Philippines
- Minerals Council of Australia
- Directorate General of MIneral and Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- South Luzon Thermal Energy Corporation
- Jindal Steel & Power Ltd - India
- Indika Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Binh Thuan Hamico - Vietnam
- New Zealand Coal & Carbon
- VISA Power Limited - India
- Carbofer General Trading SA - India
- Bukit Baiduri Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- McConnell Dowell - Australia
- Global Business Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- CNBM International Corporation - China
- Intertek Mineral Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Maharashtra Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Thai Mozambique Logistica
- Antam Resourcindo - Indonesia
- Oldendorff Carriers - Singapore
- Gujarat Sidhee Cement - India
- Madhucon Powers Ltd - India
- Parry Sugars Refinery, India
- Neyveli Lignite Corporation Ltd, - India
- Kaltim Prima Coal - Indonesia
- Standard Chartered Bank - UAE
- Wood Mackenzie - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- Bhushan Steel Limited - India
- White Energy Company Limited
- ASAPP Information Group - India
- Bhatia International Limited - India
- Bhoruka Overseas - Indonesia
- Makarim & Taira - Indonesia
- European Bulk Services B.V. - Netherlands
- Manunggal Multi Energi - Indonesia
- Grasim Industreis Ltd - India
- Deloitte Consulting - India
- Australian Commodity Traders Exchange
- Borneo Indobara - Indonesia
- Vizag Seaport Private Limited - India
- SMC Global Power, Philippines
- Planning Commission, India
- Renaissance Capital - South Africa
- Australian Coal Association
- Bukit Makmur.PT - Indonesia
- Chettinad Cement Corporation Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- OPG Power Generation Pvt Ltd - India
- Central Java Power - Indonesia
- Rashtriya Ispat Nigam Limited - India
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