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Tuesday, 20 December 11
INDIA IMPORTS 66.41 PERCENT MORE COAL FROM INDONESIA LAST MONTH - SOURCES
 COALspot.com: Indonesia, the world largest coal exporter, shipped 33.476* mln mt of coal in November, which is slightly higher than its October export.
Indonesia's coal exports to China have also slightly increased in November. China as usual becomes the largest importer of Indonesian coal has imported 13.23* million tons of coal in November. Chinese's utilities have imported more Indonesian coal than Indian Utilities imported since April 2011. According to media reports, around 8 million tons of coal still laying at Indian ports waiting for the consumers to evacuate from port.
Instead of 8 million tons at India ports to be delivered to customers, India was the second largest importer of Indonesian coal in November. Indonesia has exported 6.59* million MT, which is around 66.41 percent higher than October exports to India.
59.23* percent of total Indonesian coal exports in November have shipped to China and India. Coal demand from India and China drastically increased for Indo coal since 2010. One of the Indonesian largest coal producer Berau coal is also indicated that, India will be the big market for Berau’s low calorific coal in 2012.
Coal spot-prices dropped worldwide last week according to index publishers. NEWCIndex which has published by GlobalCoal, which is also benchmark price for Asian market closed lower at US$110.28 per ton for the week of December 16 or down 1.1% compare to the previous week.
Meantime, RBIndex, which also published by GlobalCoal benchmark for South Asia and West European markets dropped to US$101.95 or 1.46 percent from US$ 103.47 from the previous week.
However Indonesian coal prices are not falling drastically, and small-scale and medium-scale suppliers are still offering prices which buyers are feeling the prices are in high side or not with the current market trend. Meantime, Big scale coal producers have already sold the cargo at least until the end of 1Q next year and offering no cargo on the spot except one or two supplier is willing to discuss spot shipments, said a trader from India.
Indonesian coal price reference which is declaring by government of Indonesia has also dropped 3.41 in December compared to November 2011. Indonesian ministry of energy resources has set the December 2011 Coal Reference Price at US$ 112.67 per ton. As international coal indices are falling, the January 2012, Indonesian Coal Reference Price (HBA) is also expecting to fall further.
Dozens of Indian companies have invested in coal mines in Indonesia to secure fuel supplies to their respective plants on the long-term basis, and around five to ten companies have already in operation stage.
Indonesian government is also strictly monitoring the contracted price between sellers and buyers of Indonesian coal to avoid price transferring. Indonesian suppliers were required by law to obtain government's approval prior to sign any term contract with their buyers. Suppliers are prohibited to sell coal below HBA index and urged them to renegotiate the existing contracts with their respective buyer’s to accommodate HBA regulation.
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 and has been collected from various press reports, organization and individuals considered reliable but without guarantee. 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.* To be verified(cs)
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Thursday, 22 December 11
RI WILL NOT PLAY CATCH-UP WITH GLOBAL COAL DEMAND - THE JAKARTA POST
The Jakarta Post reported that, the International Energy Agency (IEA) has predicted in its Coal Market Report 2011 that over the next five years, gl ...
Thursday, 22 December 11
DRY BULK MARKET KEEPS LOSING TRACTION AHEAD OF HOLIDAY SEASON - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept retreating in the middle of the week, as charterers seem to be looking towards the holiday season and the start of the new ye ...
Tuesday, 20 December 11
THE COAL IMPORT INTO CHINA WAS QUIETER AS COAL STOCKS WERE AT HIGH LEVELS - BRS
The BDI ended the week at 1888 points (-1.8%), the BCI corrected to 3572 (-3.4%), the BPI was up at 1,775 (+3.6%), the BSI dropped to 1193 (-3.0%) a ...
Monday, 19 December 11
KOPEX COMMITS ADDITIONAL ONE MILLION DOLLAR FOR PT TRANSCOAL MINERGY
COALspot.com - Mining contractor Kopex has agreed to extend a further US$1 million to finance the remainder of the expanded drill program at PT Tran ...
Monday, 19 December 11
PLN WILL NO LONGER BUY COAL FROM TRADERS
COALspot.com - Indonesia's state electricity company PT Perusahaan Listrik Negara will no longer allow traders to become their suppliers, said, its ...
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- Samtan Co., Ltd - South Korea
- Electricity Generating Authority of Thailand
- Barasentosa Lestari - Indonesia
- Latin American Coal - Colombia
- Kobexindo Tractors - Indoneisa
- Maheswari Brothers Coal Limited - India
- Indo Tambangraya Megah - Indonesia
- GAC Shipping (India) Pvt Ltd
- Uttam Galva Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Parliament of New Zealand
- Parry Sugars Refinery, India
- Directorate Of Revenue Intelligence - India
- Georgia Ports Authority, United States
- Tata Chemicals Ltd - India
- Bharathi Cement Corporation - India
- VISA Power Limited - India
- Planning Commission, India
- TNB Fuel Sdn Bhd - Malaysia
- Krishnapatnam Port Company Ltd. - India
- Coal and Oil Company - UAE
- Gujarat Mineral Development Corp Ltd - India
- Indian Oil Corporation Limited
- Meralco Power Generation, Philippines
- San Jose City I Power Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Africa Commodities Group - South Africa
- Economic Council, Georgia
- MS Steel International - UAE
- European Bulk Services B.V. - Netherlands
- Edison Trading Spa - Italy
- Metalloyd Limited - United Kingdom
- South Luzon Thermal Energy Corporation
- Bank of Tokyo Mitsubishi UFJ Ltd
- Star Paper Mills Limited - India
- Coastal Gujarat Power Limited - India
- Sojitz Corporation - Japan
- Global Coal Blending Company Limited - Australia
- Renaissance Capital - South Africa
- Makarim & Taira - Indonesia
- Siam City Cement - Thailand
- Electricity Authority, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sakthi Sugars Limited - India
- Chettinad Cement Corporation Ltd - India
- Ministry of Finance - Indonesia
- Jaiprakash Power Ventures ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Posco Energy - South Korea
- Bukit Makmur.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Port Waratah Coal Services - Australia
- Rio Tinto Coal - Australia
- Vijayanagar Sugar Pvt Ltd - India
- The State Trading Corporation of India Ltd
- International Coal Ventures Pvt Ltd - India
- Trasteel International SA, Italy
- IEA Clean Coal Centre - UK
- Grasim Industreis Ltd - India
- OPG Power Generation Pvt Ltd - India
- Mercuria Energy - Indonesia
- Dalmia Cement Bharat India
- Videocon Industries ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Sarangani Energy Corporation, Philippines
- Ambuja Cements Ltd - India
- Larsen & Toubro Limited - India
- CNBM International Corporation - China
- Kapuas Tunggal Persada - Indonesia
- New Zealand Coal & Carbon
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Bulk Trading Sa - Switzerland
- Indika Energy - Indonesia
- Oldendorff Carriers - Singapore
- GVK Power & Infra Limited - India
- Savvy Resources Ltd - HongKong
- SMG Consultants - Indonesia
- Power Finance Corporation Ltd., India
- McConnell Dowell - Australia
- Bhatia International Limited - India
- Billiton Holdings Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Romanian Commodities Exchange
- Baramulti Group, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The University of Queensland
- Thai Mozambique Logistica
- Karbindo Abesyapradhi - Indoneisa
- Meenaskhi Energy Private Limited - India
- Petron Corporation, Philippines
- Xindia Steels Limited - India
- Carbofer General Trading SA - India
- Sindya Power Generating Company Private Ltd
- Goldman Sachs - Singapore
- Deloitte Consulting - India
- Siam City Cement PLC, Thailand
- ASAPP Information Group - India
- Asmin Koalindo Tuhup - Indonesia
- Bukit Baiduri Energy - Indonesia
- Antam Resourcindo - Indonesia
- SN Aboitiz Power Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Indonesian Coal Mining Association
- Marubeni Corporation - India
- Vedanta Resources Plc - India
- Kalimantan Lumbung Energi - Indonesia
- Mintek Dendrill Indonesia
- Karaikal Port Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Kumho Petrochemical, South Korea
- Semirara Mining and Power Corporation, Philippines
- Heidelberg Cement - Germany
- Tamil Nadu electricity Board
- London Commodity Brokers - England
- Mercator Lines Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Global Business Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Riau Bara Harum - Indonesia
- Orica Mining Services - Indonesia
- Salva Resources Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Formosa Plastics Group - Taiwan
- PowerSource Philippines DevCo
- Attock Cement Pakistan Limited
- Wood Mackenzie - Singapore
- ICICI Bank Limited - India
- Central Electricity Authority - India
- Indogreen Group - Indonesia
- Essar Steel Hazira Ltd - India
- Straits Asia Resources Limited - Singapore
- AsiaOL BioFuels Corp., Philippines
- Ceylon Electricity Board - Sri Lanka
- Ind-Barath Power Infra Limited - India
- Bhushan Steel Limited - India
- Holcim Trading Pte Ltd - Singapore
- Kartika Selabumi Mining - Indonesia
- Lanco Infratech Ltd - India
- Australian Commodity Traders Exchange
- Gujarat Sidhee Cement - India
- Binh Thuan Hamico - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- India Bulls Power Limited - India
- Sree Jayajothi Cements Limited - India
- Minerals Council of Australia
- Banpu Public Company Limited - Thailand
- Kideco Jaya Agung - Indonesia
- Standard Chartered Bank - UAE
- Cement Manufacturers Association - India
- Leighton Contractors Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Global Green Power PLC Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- White Energy Company Limited
- Timah Investasi Mineral - Indoneisa
- Bhoruka Overseas - Indonesia
- Indian Energy Exchange, India
- Wilmar Investment Holdings
- Energy Link Ltd, New Zealand
- Mjunction Services Limited - India
- Medco Energi Mining Internasional
- Therma Luzon, Inc, Philippines
- Eastern Coal Council - USA
- Ministry of Transport, Egypt
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CIMB Investment Bank - Malaysia
- Rashtriya Ispat Nigam Limited - India
- TeaM Sual Corporation - Philippines
- GMR Energy Limited - India
- Gujarat Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Energy Development Corp, Philippines
- Borneo Indobara - Indonesia
- Central Java Power - Indonesia
- Alfred C Toepfer International GmbH - Germany
- IHS Mccloskey Coal Group - USA
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining Corp, Philippines
- Singapore Mercantile Exchange
- Anglo American - United Kingdom
- SMC Global Power, Philippines
- Bayan Resources Tbk. - Indonesia
- Madhucon Powers Ltd - India
- Jindal Steel & Power Ltd - India
- Malabar Cements Ltd - India
- Interocean Group of Companies - India
- Eastern Energy - Thailand
- Aditya Birla Group - India
- Independent Power Producers Association of India
- Thiess Contractors Indonesia
- The Treasury - Australian Government
- PTC India Limited - India
- Australian Coal Association
- Commonwealth Bank - Australia
- Price Waterhouse Coopers - Russia
- Agrawal Coal Company - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Merrill Lynch Commodities Europe
- PetroVietnam Power Coal Import and Supply Company
- Bangladesh Power Developement Board
- Manunggal Multi Energi - Indonesia
- Sical Logistics Limited - India
- Pendopo Energi Batubara - Indonesia
- Toyota Tsusho Corporation, Japan
- GN Power Mariveles Coal Plant, Philippines
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