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Monday, 27 February 12
INDONESIAN COAL EXPORTS TO CHINA DROPS 39.76 PERCENT IN JANUARY 2012
 COALspot.com: Indonesia, the world largest coal exporter, shipped 28.21* mln mt of coal in January 2012, slightly lower than its December 2011 exports.
Indonesia's coal exports to China has also dropped in January 2012, compared to December exports. China has imported 6.89* million tons of coal in January which is around 4.55 million tons lesser than its imports in December 2011.
However, India has imported more coal in January 2012. Indian utilities have imported around 6.10* million MT in January, which is around 4.78 percent higher than December 2011, imports.
46.08* percent of total Indonesian coal exports in January shipped to China and India. Coal demand from India and China drastically increased for Indo coal since 2010 and expected to continue this year. However world’s coal experts expected that, India will import more coal than China in 2012.
Indonesian coal price reference which has declared by government of Indonesia has gained 2.09 percent in February compared to Janaury 2012. Indonesian ministry of energy resources has sets the February 2012 Coal Reference Price at US$ 111.58 per ton for spot shipment.
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 re-negotiate the existing contracts with their respective buyer’s to accommodate HBA regulation.
The Indonesian government has already issued a regualtion to ban un-processed mineral and metal export by May 6, 2012.
The low energy coal export ban also expected to be issued any time. However the minimum calorific value of coal that to be banned for export is unknown. According to the latest draft, government is planning to ban coal that contains calorific value lesser than 5700 kcal/kg on air dried basis. The producers of below 5700 kcal/kg gad coal are required to upgrade their coal to 5700 kcal/kg or more if they want to continue export.
“This is one of our strategies to ensure the mandates of the 2009 law on minerals and coal is upheld. Mining companies should have good faith in preparing the way for the raw-materials export ban,” energy and Mineral Resources Minister Jero Wacik said recently.
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.* Figures are subject to verification (cs)
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Friday, 10 February 12
TONNAGE KEEPS ON COMING - DREWRY
Drewry Maritime Research’s latest edition of its Dry Bulk Forecaster pulls no punches in its assessment of a market that looks certain to cont ...
Friday, 10 February 12
GIVE PERMIT POWERS TO GOVERNORS: MINERS - THE JAKARTA POST
The Jakarta Post reported that, following clashes between mining companies and local residents, the Indonesian Mining Association (IMA) wants to tra ...
Thursday, 09 February 12
AUSTRALIA'S EPIC TO ACQUIRE 15,500 HA COAL EXPLORATION LICENCES IN EAST KALIMANTAN, INDONESIA
COALspot.com - Epic Resources Limited to acquire two coal concessions in Kutai Barat regency, East Kalimantan, Indonesia.
According to company's ...
Thursday, 09 February 12
RESOURCE ALAM BUYS 28,521HA CONCESSIONS - INSIDER STORIES
Insider Stories reported that, PT Resource Alam Indonesia Tbk (KKGI), owned by Adijanto family, today announced acquisition of 75% interest in PT Ka ...
Tuesday, 07 February 12
DRY BULK MARKET FINALLY STOPS DECLINE, POSTS FIRST RISE IN MORE THAN A MONTH - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After falling to near record lows, not seen since the mid-80s the dry bulk market has finally stopped its path to "hell", with the industr ...
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- Banpu Public Company Limited - Thailand
- Planning Commission, India
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- Merrill Lynch Commodities Europe
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- Indonesian Coal Mining Association
- White Energy Company Limited
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- Kartika Selabumi Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Tamil Nadu electricity Board
- Chamber of Mines of South Africa
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- Miang Besar Coal Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- Straits Asia Resources Limited - Singapore
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- Baramulti Group, Indonesia
- Antam Resourcindo - Indonesia
- Salva Resources Pvt Ltd - India
- Electricity Generating Authority of Thailand
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- Marubeni Corporation - India
- Global Business Power Corporation, Philippines
- GMR Energy Limited - India
- Petron Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Bayan Resources Tbk. - Indonesia
- Iligan Light & Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMG Consultants - Indonesia
- IEA Clean Coal Centre - UK
- Bhatia International Limited - India
- CIMB Investment Bank - Malaysia
- Global Coal Blending Company Limited - Australia
- London Commodity Brokers - England
- Samtan Co., Ltd - South Korea
- Metalloyd Limited - United Kingdom
- Pendopo Energi Batubara - Indonesia
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- Coal and Oil Company - UAE
- Essar Steel Hazira Ltd - India
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- VISA Power Limited - India
- Kobexindo Tractors - Indoneisa
- Binh Thuan Hamico - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Authority, New Zealand
- Deloitte Consulting - India
- European Bulk Services B.V. - Netherlands
- Economic Council, Georgia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Lanco Infratech Ltd - India
- McConnell Dowell - Australia
- Africa Commodities Group - South Africa
- Altura Mining Limited, Indonesia
- Meralco Power Generation, Philippines
- TeaM Sual Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Maheswari Brothers Coal Limited - India
- Posco Energy - South Korea
- Semirara Mining Corp, Philippines
- Jaiprakash Power Ventures ltd
- Vedanta Resources Plc - India
- Sical Logistics Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Trasteel International SA, Italy
- Price Waterhouse Coopers - Russia
- Petrochimia International Co. Ltd.- Taiwan
- Kaltim Prima Coal - Indonesia
- Madhucon Powers Ltd - India
- Ambuja Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Kideco Jaya Agung - Indonesia
- Ministry of Transport, Egypt
- Meenaskhi Energy Private Limited - India
- Interocean Group of Companies - India
- Romanian Commodities Exchange
- Borneo Indobara - Indonesia
- Medco Energi Mining Internasional
- Minerals Council of Australia
- Barasentosa Lestari - Indonesia
- Oldendorff Carriers - Singapore
- Uttam Galva Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- Independent Power Producers Association of India
- Simpson Spence & Young - Indonesia
- Videocon Industries ltd - India
- Wood Mackenzie - Singapore
- Georgia Ports Authority, United States
- Therma Luzon, Inc, Philippines
- Thiess Contractors Indonesia
- Indika Energy - Indonesia
- CNBM International Corporation - China
- Heidelberg Cement - Germany
- Jorong Barutama Greston.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Eastern Energy - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Bhoruka Overseas - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Australian Commodity Traders Exchange
- Anglo American - United Kingdom
- Parliament of New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMC Global Power, Philippines
- Intertek Mineral Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Carbofer General Trading SA - India
- AsiaOL BioFuels Corp., Philippines
- Bangladesh Power Developement Board
- Rio Tinto Coal - Australia
- Malabar Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- Xindia Steels Limited - India
- Aditya Birla Group - India
- Port Waratah Coal Services - Australia
- Dalmia Cement Bharat India
- Central Electricity Authority - India
- New Zealand Coal & Carbon
- Central Java Power - Indonesia
- Indogreen Group - Indonesia
- Agrawal Coal Company - India
- Grasim Industreis Ltd - India
- Kepco SPC Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Riau Bara Harum - Indonesia
- SN Aboitiz Power Inc, Philippines
- Sojitz Corporation - Japan
- Formosa Plastics Group - Taiwan
- The State Trading Corporation of India Ltd
- Holcim Trading Pte Ltd - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- India Bulls Power Limited - India
- Sindya Power Generating Company Private Ltd
- Directorate General of MIneral and Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Energy Link Ltd, New Zealand
- Siam City Cement PLC, Thailand
- San Jose City I Power Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- The University of Queensland
- Pipit Mutiara Jaya. PT, Indonesia
- Attock Cement Pakistan Limited
- IHS Mccloskey Coal Group - USA
- Bukit Asam (Persero) Tbk - Indonesia
- Parry Sugars Refinery, India
- Gujarat Mineral Development Corp Ltd - India
- Thai Mozambique Logistica
- Jindal Steel & Power Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Larsen & Toubro Limited - India
- Chettinad Cement Corporation Ltd - India
- Energy Development Corp, Philippines
- Siam City Cement - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Orica Australia Pty. Ltd.
- Mercator Lines Limited - India
- Ministry of Finance - Indonesia
- Ministry of Mines - Canada
- Indian Energy Exchange, India
- Bulk Trading Sa - Switzerland
- Savvy Resources Ltd - HongKong
- International Coal Ventures Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Wilmar Investment Holdings
- Tata Chemicals Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Sinarmas Energy and Mining - Indonesia
- Standard Chartered Bank - UAE
- Power Finance Corporation Ltd., India
- The Treasury - Australian Government
- Bharathi Cement Corporation - India
- Goldman Sachs - Singapore
- Mjunction Services Limited - India
- Bukit Makmur.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Leighton Contractors Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Directorate Of Revenue Intelligence - India
- Gujarat Sidhee Cement - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Coal Association
- Alfred C Toepfer International GmbH - Germany
- Indo Tambangraya Megah - Indonesia
- Sakthi Sugars Limited - India
- Singapore Mercantile Exchange
- Latin American Coal - Colombia
- Edison Trading Spa - Italy
- Cigading International Bulk Terminal - Indonesia
- Eastern Coal Council - USA
- Makarim & Taira - Indonesia
- Vizag Seaport Private Limited - India
- Renaissance Capital - South Africa
- Global Green Power PLC Corporation, Philippines
- Indian Oil Corporation Limited
- Coalindo Energy - Indonesia
- Kumho Petrochemical, South Korea
- Orica Mining Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Commonwealth Bank - Australia
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