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.
|
|
Sunday, 29 April 12
THE FREIGHT MARKET EXPECTED TO BE STEADY NEXT WEEK - VISTAAR
COALspot.com - The BDI continued to go up with the support of Panamax/Supramax and was up by 8.34 pct closing at 1,156 points.
The cape index was ...
Sunday, 29 April 12
INDONESIAN SUB-BITUMINOUS COAL SWAPS FOR MAY 2012 DELIVERY WAS STABLE THIS WEEK
COALspot.com - Indonesian sub-bituminous coal swaps for May deliveries stable this week, according to DSP of SGX AsiaClear OTC Coal Swaps. In the me ...
Friday, 27 April 12
BUKIT ASAMS NET INCOME UP 14% IN 1Q 2012 (UNAUDITED)
Press Release - PT Bukit Asam (Persero) Tbk, announced the Consolidated Financial Statements and Subsidiaries per 31 March 2012 (Unaudited).
Reve ...
Thursday, 26 April 12
AUSTRALIAS COKAL EXPANDS MET COAL POTENTIAL INTO WEST KALIMANTAN
COALspot.com - Global metallurgical coal group Cokal Limited (Cokal) (ASX:CKA) announced today it has completed the acquisition of 75.2% of PT Silan ...
Thursday, 26 April 12
BUKIT ASAMS 1Q OPERATING PROFIT MARGIN HAS INCREASED BY 6% TO RP. 1 TRILLION
COALspot.com - PT. Bukit Asam (Persero), the Indonesia’s state owned coal miner's 1Q, 2012 revenue has increased by 31% to Rp. 3.02 trillion ...
|
|
|
Showing 4746 to 4750 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Essar Steel Hazira Ltd - India
- Siam City Cement PLC, Thailand
- AsiaOL BioFuels Corp., Philippines
- Mintek Dendrill Indonesia
- OPG Power Generation Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Xindia Steels Limited - India
- India Bulls Power Limited - India
- Central Electricity Authority - India
- Sindya Power Generating Company Private Ltd
- Straits Asia Resources Limited - Singapore
- Pendopo Energi Batubara - Indonesia
- Standard Chartered Bank - UAE
- Leighton Contractors Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Attock Cement Pakistan Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PowerSource Philippines DevCo
- Barasentosa Lestari - Indonesia
- Thai Mozambique Logistica
- Kumho Petrochemical, South Korea
- Indo Tambangraya Megah - Indonesia
- Directorate Of Revenue Intelligence - India
- GMR Energy Limited - India
- Videocon Industries ltd - India
- GN Power Mariveles Coal Plant, Philippines
- SN Aboitiz Power Inc, Philippines
- Commonwealth Bank - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Bukit Baiduri Energy - Indonesia
- The State Trading Corporation of India Ltd
- Indian Energy Exchange, India
- Semirara Mining and Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Kideco Jaya Agung - Indonesia
- Lanco Infratech Ltd - India
- Africa Commodities Group - South Africa
- Jaiprakash Power Ventures ltd
- Kepco SPC Power Corporation, Philippines
- Deloitte Consulting - India
- Romanian Commodities Exchange
- Neyveli Lignite Corporation Ltd, - India
- Wilmar Investment Holdings
- Kalimantan Lumbung Energi - Indonesia
- Sical Logistics Limited - India
- PTC India Limited - India
- Cement Manufacturers Association - India
- Petron Corporation, Philippines
- Interocean Group of Companies - India
- Minerals Council of Australia
- Latin American Coal - Colombia
- Merrill Lynch Commodities Europe
- Antam Resourcindo - Indonesia
- CNBM International Corporation - China
- Asmin Koalindo Tuhup - Indonesia
- Larsen & Toubro Limited - India
- Sojitz Corporation - Japan
- Grasim Industreis Ltd - India
- Bayan Resources Tbk. - Indonesia
- Sakthi Sugars Limited - India
- Eastern Coal Council - USA
- Bangladesh Power Developement Board
- Edison Trading Spa - Italy
- Sinarmas Energy and Mining - Indonesia
- Economic Council, Georgia
- Planning Commission, India
- Baramulti Group, Indonesia
- Vedanta Resources Plc - India
- Jindal Steel & Power Ltd - India
- Australian Coal Association
- Kapuas Tunggal Persada - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bukit Asam (Persero) Tbk - Indonesia
- New Zealand Coal & Carbon
- Carbofer General Trading SA - India
- International Coal Ventures Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Salva Resources Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Ambuja Cements Ltd - India
- Energy Development Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- VISA Power Limited - India
- Anglo American - United Kingdom
- Mjunction Services Limited - India
- Indika Energy - Indonesia
- Trasteel International SA, Italy
- Bhushan Steel Limited - India
- McConnell Dowell - Australia
- Ind-Barath Power Infra Limited - India
- Star Paper Mills Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- SMC Global Power, Philippines
- Iligan Light & Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Oil Corporation Limited
- Electricity Generating Authority of Thailand
- Power Finance Corporation Ltd., India
- Toyota Tsusho Corporation, Japan
- Dalmia Cement Bharat India
- Simpson Spence & Young - Indonesia
- Timah Investasi Mineral - Indoneisa
- MS Steel International - UAE
- Riau Bara Harum - Indonesia
- The University of Queensland
- Marubeni Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Australian Commodity Traders Exchange
- GAC Shipping (India) Pvt Ltd
- Wood Mackenzie - Singapore
- Renaissance Capital - South Africa
- San Jose City I Power Corp, Philippines
- Meralco Power Generation, Philippines
- Therma Luzon, Inc, Philippines
- Uttam Galva Steels Limited - India
- Bulk Trading Sa - Switzerland
- ASAPP Information Group - India
- Ministry of Transport, Egypt
- Formosa Plastics Group - Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- Agrawal Coal Company - India
- Thiess Contractors Indonesia
- Orica Mining Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Tata Chemicals Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coastal Gujarat Power Limited - India
- Tamil Nadu electricity Board
- Altura Mining Limited, Indonesia
- Heidelberg Cement - Germany
- Kartika Selabumi Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Samtan Co., Ltd - South Korea
- Bharathi Cement Corporation - India
- Sarangani Energy Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chamber of Mines of South Africa
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- The Treasury - Australian Government
- Electricity Authority, New Zealand
- Globalindo Alam Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- White Energy Company Limited
- Banpu Public Company Limited - Thailand
- Vizag Seaport Private Limited - India
- TeaM Sual Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Borneo Indobara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Price Waterhouse Coopers - Russia
- IHS Mccloskey Coal Group - USA
- CIMB Investment Bank - Malaysia
- Bukit Makmur.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Metalloyd Limited - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Mercuria Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- SMG Consultants - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Malabar Cements Ltd - India
- Aditya Birla Group - India
- Orica Australia Pty. Ltd.
- Madhucon Powers Ltd - India
- Kobexindo Tractors - Indoneisa
- LBH Netherlands Bv - Netherlands
- Global Business Power Corporation, Philippines
- Medco Energi Mining Internasional
- Karaikal Port Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Aboitiz Power Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Coalindo Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Mercator Lines Limited - India
- Central Java Power - Indonesia
- Parry Sugars Refinery, India
- Eastern Energy - Thailand
- Indogreen Group - Indonesia
- Posco Energy - South Korea
- Gujarat Sidhee Cement - India
- Meenaskhi Energy Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement - Thailand
- Rashtriya Ispat Nigam Limited - India
- Ministry of Mines - Canada
- Vijayanagar Sugar Pvt Ltd - India
- Georgia Ports Authority, United States
- Global Green Power PLC Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Manunggal Multi Energi - Indonesia
- Bhatia International Limited - India
- ICICI Bank Limited - India
- Parliament of New Zealand
- Goldman Sachs - Singapore
- London Commodity Brokers - England
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining Corp, Philippines
- Indonesian Coal Mining Association
- Makarim & Taira - Indonesia
- Singapore Mercantile Exchange
- South Luzon Thermal Energy Corporation
- Miang Besar Coal Terminal - Indonesia
- Rio Tinto Coal - Australia
- Alfred C Toepfer International GmbH - Germany
- Energy Link Ltd, New Zealand
- Kaltim Prima Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
|
| |
| |
|
