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Thursday, 07 June 12
COAL EXPORT TAX NOT RATIONAL: MINISTER - THE JAKARTA POST
 Trade Minister Gita Wirjawan has criticized as irrational the idea to restrict coal exports by imposing an export tax, According to The Jakarta post, one of the Indonesia's leading English news paper.
The paper further reported that, "There has been a growing discourse regarding coal exports. Rationally speaking, we have signed a working contract with coal mining companies and by that, they have to pay 45 percent of royalties and taxes," Gita told reporters on Wednesday.
"Then there is a plan to tax coal exports coming out of nowhere. This could be regarded as a violation of the signed working contract," he added.
According JP, Gita said that it would be irrational to impose other kind of taxes on companies that had already paid royalties and taxes.
The idea of imposing an export tax on coal was recently raised by Energy and Mineral Resources Minister Jero Wacik.
On Monday, while opening of Coaltrans Asia conference in Bali, Energy and Minerals Minister Jero Wacik said the country was looking into imposing levies on coal shipments to regulate the outflow of the mineral and save it for domestic use.
Accordign to COALspot.com, Indonesian government’s declared coal prices or know as HBA has fell 5.36 percent in June 2012, to US$ 96.65 from May 2012 price or -18.80% Y-o-Y.
The buyers of Indonesian coal were looking for low price from their counterpart. The during the Coaltrans Asia conference, Indonesian 3800 GAR coal was offered between US$ 38- 39 per MT against the bids of US$ 35-36 per MT. In the meantime 4200 GAR coal was bid at low 40.
Some Indian traders from India claimed that, they were successfully concluded 3800 GAR coal of East Kalimantan origin at below US$ 36/ MT for spot loading. The suppliers of Indonesian coal were struggling to keep their cash flow as well as their coal stock inventory due to low demand as well as low price. (additional reports by COALspot.com)
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Sunday, 23 September 12
AN ANOTHER UNSTABLE WEEK FOR INDONESIAN COAL SWAPS
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for November 2012 delivery lost 1.10 percent and 0.916 percent WOW and DOD respectively ...
Sunday, 23 September 12
INDIA IMPORTED 11.40 PERCENT MORE INDONESIAN COAL IN AUGUST
COALspot.com: Indonesia, the world largest multi grade coal exporter, shipped 26,451,565* tons of coal in August 2012, compared to 27.88* mill ...
Saturday, 22 September 12
SOFT BUNKER PRICES KEEP INDONESIA TO INDIA FREIGHTS STABLE - VISTAAR
COALspot.com - The freight market overall remained buoyant with all indices up except for Panamax index. The main effect seems to be increased shipm ...
Friday, 21 September 12
SHIP BREAKING ACTIVITY REACHES NEW RECORDS, AS ALREADY 2012 LEVELS HAVE SURPASSED THE WHOLE OF 2011 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The vast oversupply of vessels, most notably in the dry bulk shipping sector, has forced ship owners to intensify their efforts towards recycling th ...
Thursday, 20 September 12
SUPRAMAX : INDO-INDIA ROUNDS WERE AROUND USD 12K - FEARNLEYS
Handy
Not a bad week for Supramax tonnage, if we compare Supramax developments to the bigger size tonnage. The rates have basically remained unchan ...
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- Mercuria Energy - Indonesia
- Samtan Co., Ltd - South Korea
- New Zealand Coal & Carbon
- Vijayanagar Sugar Pvt Ltd - India
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- Economic Council, Georgia
- Asmin Koalindo Tuhup - Indonesia
- Videocon Industries ltd - India
- Maheswari Brothers Coal Limited - India
- Indika Energy - Indonesia
- Barasentosa Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
- IHS Mccloskey Coal Group - USA
- Sojitz Corporation - Japan
- Gujarat Sidhee Cement - India
- Ambuja Cements Ltd - India
- Vizag Seaport Private Limited - India
- Indian Oil Corporation Limited
- Coastal Gujarat Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Energy - Thailand
- Wood Mackenzie - Singapore
- Standard Chartered Bank - UAE
- Sindya Power Generating Company Private Ltd
- Madhucon Powers Ltd - India
- Rashtriya Ispat Nigam Limited - India
- GMR Energy Limited - India
- Africa Commodities Group - South Africa
- Ministry of Mines - Canada
- Parliament of New Zealand
- Parry Sugars Refinery, India
- The State Trading Corporation of India Ltd
- Anglo American - United Kingdom
- Globalindo Alam Lestari - Indonesia
- White Energy Company Limited
- Makarim & Taira - Indonesia
- Latin American Coal - Colombia
- Karaikal Port Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- ASAPP Information Group - India
- Uttam Galva Steels Limited - India
- Marubeni Corporation - India
- Heidelberg Cement - Germany
- Intertek Mineral Services - Indonesia
- Savvy Resources Ltd - HongKong
- Riau Bara Harum - Indonesia
- Coalindo Energy - Indonesia
- Port Waratah Coal Services - Australia
- London Commodity Brokers - England
- Sakthi Sugars Limited - India
- Wilmar Investment Holdings
- SMC Global Power, Philippines
- McConnell Dowell - Australia
- Orica Australia Pty. Ltd.
- Petron Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Indogreen Group - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement - Thailand
- Formosa Plastics Group - Taiwan
- AsiaOL BioFuels Corp., Philippines
- Bayan Resources Tbk. - Indonesia
- Larsen & Toubro Limited - India
- Central Java Power - Indonesia
- Australian Coal Association
- CIMB Investment Bank - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Carbofer General Trading SA - India
- Star Paper Mills Limited - India
- Pendopo Energi Batubara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Sinarmas Energy and Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Cement Manufacturers Association - India
- Indo Tambangraya Megah - Indonesia
- VISA Power Limited - India
- Mercator Lines Limited - India
- Commonwealth Bank - Australia
- Interocean Group of Companies - India
- Bukit Asam (Persero) Tbk - Indonesia
- Goldman Sachs - Singapore
- Bangladesh Power Developement Board
- PetroVietnam Power Coal Import and Supply Company
- Bhatia International Limited - India
- Directorate Of Revenue Intelligence - India
- Deloitte Consulting - India
- Timah Investasi Mineral - Indoneisa
- Kartika Selabumi Mining - Indonesia
- GVK Power & Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Ceylon Electricity Board - Sri Lanka
- Ministry of Transport, Egypt
- Minerals Council of Australia
- Lanco Infratech Ltd - India
- Global Coal Blending Company Limited - Australia
- Chettinad Cement Corporation Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Independent Power Producers Association of India
- Sarangani Energy Corporation, Philippines
- Tamil Nadu electricity Board
- Sree Jayajothi Cements Limited - India
- Rio Tinto Coal - Australia
- South Luzon Thermal Energy Corporation
- Sical Logistics Limited - India
- Salva Resources Pvt Ltd - India
- Thai Mozambique Logistica
- TNB Fuel Sdn Bhd - Malaysia
- Manunggal Multi Energi - Indonesia
- Jindal Steel & Power Ltd - India
- TeaM Sual Corporation - Philippines
- CNBM International Corporation - China
- Bahari Cakrawala Sebuku - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bharathi Cement Corporation - India
- OPG Power Generation Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Kumho Petrochemical, South Korea
- SN Aboitiz Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Indian Energy Exchange, India
- Kaltim Prima Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Merrill Lynch Commodities Europe
- Siam City Cement PLC, Thailand
- Bukit Makmur.PT - Indonesia
- Xindia Steels Limited - India
- Mintek Dendrill Indonesia
- Agrawal Coal Company - India
- Binh Thuan Hamico - Vietnam
- Tata Chemicals Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Alfred C Toepfer International GmbH - Germany
- Electricity Generating Authority of Thailand
- Central Electricity Authority - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining Corp, Philippines
- Malabar Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Essar Steel Hazira Ltd - India
- San Jose City I Power Corp, Philippines
- SMG Consultants - Indonesia
- Ministry of Finance - Indonesia
- Romanian Commodities Exchange
- Medco Energi Mining Internasional
- Kideco Jaya Agung - Indonesia
- Aboitiz Power Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Bulk Trading Sa - Switzerland
- Metalloyd Limited - United Kingdom
- Baramulti Group, Indonesia
- PTC India Limited - India
- European Bulk Services B.V. - Netherlands
- Therma Luzon, Inc, Philippines
- Borneo Indobara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Iligan Light & Power Inc, Philippines
- Trasteel International SA, Italy
- International Coal Ventures Pvt Ltd - India
- Singapore Mercantile Exchange
- Attock Cement Pakistan Limited
- Coal and Oil Company - UAE
- The University of Queensland
- Bukit Baiduri Energy - Indonesia
- Power Finance Corporation Ltd., India
- The Treasury - Australian Government
- Bhushan Steel Limited - India
- Toyota Tsusho Corporation, Japan
- Eastern Coal Council - USA
- Grasim Industreis Ltd - India
- Renaissance Capital - South Africa
- Altura Mining Limited, Indonesia
- Global Green Power PLC Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Meralco Power Generation, Philippines
- Electricity Authority, New Zealand
- Edison Trading Spa - Italy
- Posco Energy - South Korea
- Vedanta Resources Plc - India
- ICICI Bank Limited - India
- Energy Link Ltd, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- GAC Shipping (India) Pvt Ltd
- MS Steel International - UAE
- India Bulls Power Limited - India
- Georgia Ports Authority, United States
- GN Power Mariveles Coal Plant, Philippines
- Orica Mining Services - Indonesia
- IEA Clean Coal Centre - UK
- PowerSource Philippines DevCo
- Antam Resourcindo - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Chamber of Mines of South Africa
- Banpu Public Company Limited - Thailand
- Dalmia Cement Bharat India
- Planning Commission, India
- Energy Development Corp, Philippines
- Aditya Birla Group - India
- Cigading International Bulk Terminal - Indonesia
- Thiess Contractors Indonesia
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