We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 28 May 12
COAL EXPORTS ARE JUMPING HIGHER, BUT PRICES ARE FALLING LOWER
 COALspot.com: Indonesia, the world largest coal exporter, shipped 31.86* million tons of coal in April 2012, compared to 30.64* million tons in March 2012. The April coal exports up by 3.98 percent from March exports.
China was the largest importer again last month, followed by India. China has imported 10.994* million tons of Indonesian coal, in the meantime India's imports have reached to 7.63* million tons from Indonesia.
Indonesia's coal exports to China has increased by 12.60* percent in April to 10.99* million tons and to India increased by 8.53* percent. Indian utilities have imported 7.63* million tons in April, compared to 7.03* million tons in March 2012.
82.95* percent of total Indonesian coal exports in April goes to top five traditional coal importers of Indonesian coal such as China, India, South Korea, Taiwan And Japan.
“Inquiries from India and China are still in the market, but the conclusions rates are lower than inquiries" said an international coal trader who is operating out of Indonesia and Singapore. The FOB bids are not favoring suppliers at this moment, the gap between offers and bids are quite wider he added.
5,000 kcal/kg GAR coal from Central Kalimantan is being bids below US$ 70 last week, while the 5,800 kcal/kg GAR coal is around US$ 85-87/mt, an another trader said.
Indonesia is in process to issue a regulation to (re) introduce duty on coal export. However the exact percentage of duty or when the regulation will be issued is unknown to market.
Indonesia is also considering to introduce production restriction instead of export duty, a person who is familiar to Indonesian mining industry said. The government has already introduced export duty on un processed mineral products since early this month.
"Coal export duty could affect price competition of Indonesian coal and also coal producers future earnings”, said a coal player from India.
However another trader cum coal exporter said, “Coal demand in Asia, principally Japan, China and India remains strong. Hence the market will absorb a minor export duty on coal”.
However the current coal market condition may not support Indonesian coal industry to face any new regulation related to export duty. If the government introduce coal export duty at this moment, it will support south and north American coal industry as well as Russian coal producers who are currently active in Asian Market due to lower sea freight advantage as well as less coal demand in Europe and America. American cheaper shale gas prices are also pushing American coal producers to export more coal in to Asian market.
Indonesian HBA also fall to lowest level since January 2011 this month. The monthly coal reference price for coal sales in May fell 3.30 percent M-o-M.
The Ministry of Energy & Mineral Resources of Indonesia sets the coal’s spot price benchmark for May 2012 at US$ 102.12 per ton, US$ 3.49 lower than April 2012 Price and US$ 15.49 lower than the same period in 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 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)
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 22 May 12
DRY BULK MARKET STEADY, AWAITING FURTHER RISE IN DEMAND WHICH IS DOUBTFUL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Traditionally, the second and third quarters of the year are the strongest for the dry bulk market, but this year, things seem to be quite subdued, ...
Sunday, 20 May 12
SPOT FREIGHT RATE DIPS FURTHER - VISTAAR
COALspot.com - The BDI was marginally up by 3 points (0.26 pct) closing at 1,141 points.
The cape index was up by 1.17 pct closing at 1,633 point ...
Saturday, 19 May 12
INDONESIAN SUB-BITUMINOUS COAL SWAPS DROP US$ 2.88 PMT W-O-W
COALspot.com - Indonesian sub-bituminous coal swaps and CFR South China coal contracts for June deliveries have drops this week by 3.86 percent and& ...
Saturday, 19 May 12
INDONESIAN EXPORT TAX GIVES COAL MINERS A CHEAP RIDE: ANALYSTS - THE JAKARTA GLOBE
The Jakarta Globe reported that, Indonesia’s policy to exclude coal from an export tax that has been applied to 14 other mineral commodities h ...
Friday, 18 May 12
EXPORT TAX WILL ERODE PROFITS, INDONESIAN COAL EXEC COMPLAINS - THE JAKARTA GLOBE
The Jakarta Globe reported that, A 20 percent export duty the government has imposed on 14 mineral ore products will not only take a toll on mining ...
|
|
|
Showing 4721 to 4725 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Sinarmas Energy and Mining - Indonesia
- Ministry of Mines - Canada
- Globalindo Alam Lestari - Indonesia
- Tata Chemicals Ltd - India
- Interocean Group of Companies - India
- PetroVietnam Power Coal Import and Supply Company
- Economic Council, Georgia
- Directorate General of MIneral and Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Sindya Power Generating Company Private Ltd
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- Altura Mining Limited, Indonesia
- Larsen & Toubro Limited - India
- Planning Commission, India
- Antam Resourcindo - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- South Luzon Thermal Energy Corporation
- Iligan Light & Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Gujarat Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- Mercuria Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Makarim & Taira - Indonesia
- Indian Energy Exchange, India
- Eastern Energy - Thailand
- McConnell Dowell - Australia
- GN Power Mariveles Coal Plant, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sakthi Sugars Limited - India
- IHS Mccloskey Coal Group - USA
- Parry Sugars Refinery, India
- Australian Commodity Traders Exchange
- Orica Australia Pty. Ltd.
- Bukit Asam (Persero) Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Commonwealth Bank - Australia
- Gujarat Mineral Development Corp Ltd - India
- Trasteel International SA, Italy
- Neyveli Lignite Corporation Ltd, - India
- Essar Steel Hazira Ltd - India
- Australian Coal Association
- Coastal Gujarat Power Limited - India
- Bulk Trading Sa - Switzerland
- Power Finance Corporation Ltd., India
- Holcim Trading Pte Ltd - Singapore
- Agrawal Coal Company - India
- Petron Corporation, Philippines
- Renaissance Capital - South Africa
- Eastern Coal Council - USA
- Miang Besar Coal Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Meralco Power Generation, Philippines
- Indogreen Group - Indonesia
- Coal and Oil Company - UAE
- GMR Energy Limited - India
- Alfred C Toepfer International GmbH - Germany
- San Jose City I Power Corp, Philippines
- Merrill Lynch Commodities Europe
- Electricity Generating Authority of Thailand
- Sical Logistics Limited - India
- VISA Power Limited - India
- Central Java Power - Indonesia
- Port Waratah Coal Services - Australia
- Chamber of Mines of South Africa
- Kumho Petrochemical, South Korea
- Maharashtra Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Ministry of Transport, Egypt
- Standard Chartered Bank - UAE
- Madhucon Powers Ltd - India
- Chettinad Cement Corporation Ltd - India
- Metalloyd Limited - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- The State Trading Corporation of India Ltd
- Semirara Mining Corp, Philippines
- Savvy Resources Ltd - HongKong
- Jorong Barutama Greston.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Banpu Public Company Limited - Thailand
- Ambuja Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Bukit Makmur.PT - Indonesia
- Romanian Commodities Exchange
- Jaiprakash Power Ventures ltd
- SN Aboitiz Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Sojitz Corporation - Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parliament of New Zealand
- Ind-Barath Power Infra Limited - India
- Meenaskhi Energy Private Limited - India
- ASAPP Information Group - India
- Global Green Power PLC Corporation, Philippines
- Siam City Cement PLC, Thailand
- Kalimantan Lumbung Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Uttam Galva Steels Limited - India
- CNBM International Corporation - China
- Kideco Jaya Agung - Indonesia
- SMC Global Power, Philippines
- Riau Bara Harum - Indonesia
- Bhoruka Overseas - Indonesia
- Dalmia Cement Bharat India
- Bayan Resources Tbk. - Indonesia
- Bharathi Cement Corporation - India
- Carbofer General Trading SA - India
- Jindal Steel & Power Ltd - India
- MS Steel International - UAE
- Asmin Koalindo Tuhup - Indonesia
- Bangladesh Power Developement Board
- Bukit Baiduri Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Attock Cement Pakistan Limited
- White Energy Company Limited
- Marubeni Corporation - India
- Star Paper Mills Limited - India
- Energy Link Ltd, New Zealand
- Deloitte Consulting - India
- Wilmar Investment Holdings
- PNOC Exploration Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Borneo Indobara - Indonesia
- Independent Power Producers Association of India
- London Commodity Brokers - England
- Latin American Coal - Colombia
- Aboitiz Power Corporation - Philippines
- Thiess Contractors Indonesia
- Africa Commodities Group - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Tamil Nadu electricity Board
- Vedanta Resources Plc - India
- Bhatia International Limited - India
- Singapore Mercantile Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mjunction Services Limited - India
- Georgia Ports Authority, United States
- Videocon Industries ltd - India
- Xindia Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Malabar Cements Ltd - India
- IEA Clean Coal Centre - UK
- Goldman Sachs - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Maheswari Brothers Coal Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Manunggal Multi Energi - Indonesia
- Thai Mozambique Logistica
- Kepco SPC Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- ICICI Bank Limited - India
- OPG Power Generation Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Therma Luzon, Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Central Electricity Authority - India
- Mercator Lines Limited - India
- Intertek Mineral Services - Indonesia
- Orica Mining Services - Indonesia
- Vizag Seaport Private Limited - India
- Posco Energy - South Korea
- Samtan Co., Ltd - South Korea
- Indika Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Bhushan Steel Limited - India
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
- Anglo American - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Oldendorff Carriers - Singapore
- Grasim Industreis Ltd - India
- European Bulk Services B.V. - Netherlands
- Baramulti Group, Indonesia
- New Zealand Coal & Carbon
- The Treasury - Australian Government
- Heidelberg Cement - Germany
- Kaltim Prima Coal - Indonesia
- India Bulls Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Medco Energi Mining Internasional
- Salva Resources Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Binh Thuan Hamico - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Minerals Council of Australia
- Rio Tinto Coal - Australia
- Energy Development Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- PTC India Limited - India
- Directorate Of Revenue Intelligence - India
- Cement Manufacturers Association - India
- Electricity Authority, New Zealand
- Indo Tambangraya Megah - Indonesia
- The University of Queensland
- Indonesian Coal Mining Association
- Coalindo Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Global Coal Blending Company Limited - Australia
- Aditya Birla Group - India
- Siam City Cement - Thailand
- SMG Consultants - Indonesia
- Lanco Infratech Ltd - India
- Edison Trading Spa - Italy
- Leighton Contractors Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Ministry of Finance - Indonesia
|
| |
| |
|
