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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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Tuesday, 10 January 12
THE 4TH DEEPWATER ASIA CONGRESS 2012 WILL KICK OFF ON MAY 23 - 25
Press release - Based on the past three years’ success, SZ & W Group is excited to announce the 4th Deepwater Asia Congress will be held o ...
Monday, 09 January 12
2012: WHAT WILL IT BRING FOR THE DRY BULK MARKET? - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A further increase in dry bulk demand could be the remedy for most of the industry's oversupply issues, together of course with the high level of s ...
Sunday, 08 January 12
ICICI OUTLOOK ON INDIAN POWER, MINING,CEMENT, AND SHIPPING SECTORS PERFORMANCE IN 2012
Broking firm, ICICIdirect (India) has come out with report on sectors outlook for 2012. IRIS has collated key highlights for each sector from ...
Sunday, 08 January 12
SUPRAMAX DELIVERY SOUTH CHINA FOR TRIPS VIA INDONESIA WERE REPORTED AROUND $ 7000 PER DAY - VISTAAR
Wish You a Very Happy and Prosperous New year 2012.
COALspot.com - The last report by us was on 16th Dec 2011 and because of holidays this would ...
Sunday, 08 January 12
THARPAK CONSORTIUM FORMED TO DEVELOP MEGA ENERGY COMPLEX IN SINDH PROVINCE, PAKISTAN
Press Release: On January 5th, TharPak, LLC met with officials of the Embassy of Pakistan in Washington DC to introduce and announce the formation o ...
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- Australian Commodity Traders Exchange
- Thai Mozambique Logistica
- Intertek Mineral Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Kideco Jaya Agung - Indonesia
- The State Trading Corporation of India Ltd
- Orica Australia Pty. Ltd.
- Dalmia Cement Bharat India
- ICICI Bank Limited - India
- CIMB Investment Bank - Malaysia
- Sakthi Sugars Limited - India
- AsiaOL BioFuels Corp., Philippines
- Indian Energy Exchange, India
- Coal and Oil Company - UAE
- SMG Consultants - Indonesia
- Aditya Birla Group - India
- Bukit Makmur.PT - Indonesia
- Indika Energy - Indonesia
- Merrill Lynch Commodities Europe
- Samtan Co., Ltd - South Korea
- Africa Commodities Group - South Africa
- PowerSource Philippines DevCo
- Borneo Indobara - Indonesia
- Tamil Nadu electricity Board
- Independent Power Producers Association of India
- Chamber of Mines of South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMC Global Power, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Mining Services - Indonesia
- Lanco Infratech Ltd - India
- CNBM International Corporation - China
- Alfred C Toepfer International GmbH - Germany
- Edison Trading Spa - Italy
- South Luzon Thermal Energy Corporation
- San Jose City I Power Corp, Philippines
- Eastern Energy - Thailand
- Thiess Contractors Indonesia
- Kepco SPC Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- The University of Queensland
- GVK Power & Infra Limited - India
- Medco Energi Mining Internasional
- Kartika Selabumi Mining - Indonesia
- Electricity Authority, New Zealand
- Mercator Lines Limited - India
- Price Waterhouse Coopers - Russia
- Eastern Coal Council - USA
- Goldman Sachs - Singapore
- Antam Resourcindo - Indonesia
- SN Aboitiz Power Inc, Philippines
- Mintek Dendrill Indonesia
- Jaiprakash Power Ventures ltd
- Directorate General of MIneral and Coal - Indonesia
- London Commodity Brokers - England
- OPG Power Generation Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Simpson Spence & Young - Indonesia
- Sinarmas Energy and Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Vizag Seaport Private Limited - India
- International Coal Ventures Pvt Ltd - India
- Interocean Group of Companies - India
- Australian Coal Association
- Barasentosa Lestari - Indonesia
- Agrawal Coal Company - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Ambuja Cements Ltd - India
- Power Finance Corporation Ltd., India
- Banpu Public Company Limited - Thailand
- Uttam Galva Steels Limited - India
- Ministry of Transport, Egypt
- Trasteel International SA, Italy
- Ind-Barath Power Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Renaissance Capital - South Africa
- Heidelberg Cement - Germany
- Maharashtra Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Singapore Mercantile Exchange
- Central Java Power - Indonesia
- Binh Thuan Hamico - Vietnam
- Videocon Industries ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Minerals Council of Australia
- Straits Asia Resources Limited - Singapore
- Petron Corporation, Philippines
- Parry Sugars Refinery, India
- Sojitz Corporation - Japan
- Globalindo Alam Lestari - Indonesia
- Commonwealth Bank - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Bhatia International Limited - India
- New Zealand Coal & Carbon
- Star Paper Mills Limited - India
- ASAPP Information Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Metalloyd Limited - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Semirara Mining Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Latin American Coal - Colombia
- Vedanta Resources Plc - India
- Essar Steel Hazira Ltd - India
- Oldendorff Carriers - Singapore
- Rashtriya Ispat Nigam Limited - India
- Sical Logistics Limited - India
- VISA Power Limited - India
- Attock Cement Pakistan Limited
- Kaltim Prima Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sarangani Energy Corporation, Philippines
- Bharathi Cement Corporation - India
- PTC India Limited - India
- Altura Mining Limited, Indonesia
- Coalindo Energy - Indonesia
- Mercuria Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Xindia Steels Limited - India
- Posco Energy - South Korea
- Holcim Trading Pte Ltd - Singapore
- Electricity Generating Authority of Thailand
- Iligan Light & Power Inc, Philippines
- Parliament of New Zealand
- Jindal Steel & Power Ltd - India
- India Bulls Power Limited - India
- Economic Council, Georgia
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Sidhee Cement - India
- Meralco Power Generation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Bhoruka Overseas - Indonesia
- Bayan Resources Tbk. - Indonesia
- Wood Mackenzie - Singapore
- Mjunction Services Limited - India
- Pendopo Energi Batubara - Indonesia
- Manunggal Multi Energi - Indonesia
- Georgia Ports Authority, United States
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Chettinad Cement Corporation Ltd - India
- Bangladesh Power Developement Board
- Madhucon Powers Ltd - India
- MS Steel International - UAE
- Energy Link Ltd, New Zealand
- Billiton Holdings Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- McConnell Dowell - Australia
- Grasim Industreis Ltd - India
- Sree Jayajothi Cements Limited - India
- Central Electricity Authority - India
- PNOC Exploration Corporation - Philippines
- Cement Manufacturers Association - India
- Maheswari Brothers Coal Limited - India
- Bukit Baiduri Energy - Indonesia
- Indogreen Group - Indonesia
- Siam City Cement - Thailand
- White Energy Company Limited
- Therma Luzon, Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- IHS Mccloskey Coal Group - USA
- Bhushan Steel Limited - India
- Global Coal Blending Company Limited - Australia
- Karbindo Abesyapradhi - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GMR Energy Limited - India
- IEA Clean Coal Centre - UK
- Krishnapatnam Port Company Ltd. - India
- Neyveli Lignite Corporation Ltd, - India
- Global Business Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Makarim & Taira - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Carbofer General Trading SA - India
- Jorong Barutama Greston.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Timah Investasi Mineral - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Marubeni Corporation - India
- The Treasury - Australian Government
- Tata Chemicals Ltd - India
- Malabar Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Formosa Plastics Group - Taiwan
- Miang Besar Coal Terminal - Indonesia
- Riau Bara Harum - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Port Waratah Coal Services - Australia
- Wilmar Investment Holdings
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
- Salva Resources Pvt Ltd - India
- Baramulti Group, Indonesia
- Energy Development Corp, Philippines
- Anglo American - United Kingdom
- Coastal Gujarat Power Limited - India
- European Bulk Services B.V. - Netherlands
- Deloitte Consulting - India
- Indian Oil Corporation Limited
- Larsen & Toubro Limited - India
- Kumho Petrochemical, South Korea
- Ministry of Finance - Indonesia
- Standard Chartered Bank - UAE
- Indonesian Coal Mining Association
- Gujarat Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- Savvy Resources Ltd - HongKong
- Bulk Trading Sa - Switzerland
- Planning Commission, India
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