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Saturday, 31 March 12
SRI LANKA IMPORTS 152,555 MT OF INDONESIAN COAL IN FEBRUARY
 COALspot.com: Indonesia, the world largest coal exporter, shipped 27.126* million tons of coal in February 2012, compared to 28.21* million tons in January 2012. The February coal exports down by 3.86 percent from January exports.
China was the largest importer of Indonesian coal in February, followed by India. China has imported 6.648* million tons of coal and India's imports at 6.555* million tons last month.
Indonesia's coal exports to China has dropped 3.62 percent in February to 6.64* million tons but exports to India increased 7.37 percent.. India has imported 6.55* million tons in February, compared to 6.10* million tons in January 2012.
79.97 percent of total exports of Indonesian coal in February goes to top five importers of Indonesian coal such as China, India, South Korea, Japan and Taiwan.
“Indian inquiries are still in the market," said an international coal trader who are operating in Indonesia.
Indian & Chinese buyers were dominating Indonesian coal market and it is seems that, the trend will continue for next couple of years as India & China might import more coal in coming years to feed their power plants. However, spot Indonesian thermal coal prices were flat this week. Instead of reasonably high demand for Indonesian coal, the prices of Indonesian coal was falling last two weeks.
FOB offers for Kalimantan 5,000 kcal/kg GAR coal was at US$73 this week, while the market for 5,800 kcal/kg GAR coal was at US$93/mt, trader said. However, South Kalimantan 3800 kcal/kg GAR coal was offered little above mid US$ 40. The Indonesian coal is still attractive for China and India.
Sri Lanka, the new comer in thermal coal power industry has imported 152,555* mt of Indonesian coal in February.
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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Sunday, 19 February 12
THE SPOT FIXTURE RATES WERE REPORTED AT HIGH LEVELS - VISTAAR
COALspot.com - "The markets seems to holding back this week appears the momentum which picked up last week may slow down" - Capt. Reddy of ...
Sunday, 19 February 12
INDIKA ACQUIRES MULTI TAMBANGJAYA - INSIDER STORIES
Insider Stories reported that, PT Indika Energy Tbk (INDY) announced that wholly-owned subsidiaries have signed a conditional sale and purchase agre ...
Friday, 17 February 12
COLOMBIA COAL PRODUCTION, EXPORTS JUMP IN 2011: GOVT - COLOMBIA REPORTS
Colombia Reports reported that, colombia's coal production jumped 15.4% in 2011 to 85.8 million tonnes versus the previous year while exports rose ...
Thursday, 16 February 12
GEARING UP FOR THE EMERGING OIL & GAS OPPORTUNITIES IN MYANMAR
Press Release - Myanmar Ministry of Energy and Centre for Management Technology (CMT) to Co-host MOGP (Myanmar Oil, Gas & Power) Summit on 28 - ...
Wednesday, 15 February 12
HBA FOR FEB 2012, CLIMBS 2.09 PERCENT AND REACHED US$ 111.58 PER TON
COALspot.com - The Indonesian coal reference price for February climbs 2.09 percent to US$111.58 per ton after losing past three months. ...
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- TeaM Sual Corporation - Philippines
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- Economic Council, Georgia
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- Thiess Contractors Indonesia
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- Cement Manufacturers Association - India
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- Power Finance Corporation Ltd., India
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- Indonesian Coal Mining Association
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- Tata Chemicals Ltd - India
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