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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, 17 June 12
S7 & S8 ROUTES ARE LIKELY TO BE SOFT NEXT WEEK - VISTAAR
COALspot.com - The BDI gained some increase after continues fall for several weeks.
The BDI increased by 47 points (up by 5.36 pct) closing at 92 ...
Saturday, 16 June 12
INDONESIAN SUB-BITUMINOUS COAL & CFR SOUTH CHINA COAL CONTRACT SWAPS ARE UNDER PRESSURE
COALspot.com - Indonesian sub-bituminous coal swaps and CFR South China coal contracts for July deliveries seems to be under pressure this week.&nbs ...
Friday, 15 June 12
CAPESIZE - THE LEVELS THAT DID FIX ARE DOWN W-O-W LEVELS - FEARNLEYS
Handy
Another slow-moving market with rates hovering at same level as last week. US Gulf positions fixed USD 25,000 for trips to Cont/Passero and S ...
Thursday, 14 June 12
SMALLER DRY BULK CARRIERS LIKELY TO FACE MORE CHALLENGES; DEMOLITION ACTIVITY SET FOR RECORD YEAR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In its latest update on the dry bulk markets, BIMCO said that China is partly “failing to deliver” on raw material imports that can affe ...
Wednesday, 13 June 12
LOW COAL PRICES COULD CHANGE SUPPLY SIDE DYNAMICS - FITCH RATINGS
Fitch Ratings believes that the weakness seen in thermal coal prices in recent months should reverse once demand from major importers recovers, alth ...
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- SN Aboitiz Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Savvy Resources Ltd - HongKong
- Sarangani Energy Corporation, Philippines
- Orica Mining Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Energy Exchange, India
- Marubeni Corporation - India
- Salva Resources Pvt Ltd - India
- White Energy Company Limited
- Gujarat Sidhee Cement - India
- Energy Link Ltd, New Zealand
- Metalloyd Limited - United Kingdom
- Sindya Power Generating Company Private Ltd
- Australian Coal Association
- Karbindo Abesyapradhi - Indoneisa
- Parry Sugars Refinery, India
- Energy Development Corp, Philippines
- Heidelberg Cement - Germany
- Ministry of Mines - Canada
- Latin American Coal - Colombia
- Cement Manufacturers Association - India
- European Bulk Services B.V. - Netherlands
- Global Business Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Planning Commission, India
- Indo Tambangraya Megah - Indonesia
- Kumho Petrochemical, South Korea
- PTC India Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- CIMB Investment Bank - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Australian Commodity Traders Exchange
- IEA Clean Coal Centre - UK
- Bangladesh Power Developement Board
- Tamil Nadu electricity Board
- Africa Commodities Group - South Africa
- Electricity Authority, New Zealand
- Chettinad Cement Corporation Ltd - India
- Orica Australia Pty. Ltd.
- Siam City Cement - Thailand
- PNOC Exploration Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Georgia Ports Authority, United States
- Straits Asia Resources Limited - Singapore
- Riau Bara Harum - Indonesia
- Commonwealth Bank - Australia
- Petron Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dalmia Cement Bharat India
- Barasentosa Lestari - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Rashtriya Ispat Nigam Limited - India
- CNBM International Corporation - China
- Sojitz Corporation - Japan
- GN Power Mariveles Coal Plant, Philippines
- The State Trading Corporation of India Ltd
- Chamber of Mines of South Africa
- Toyota Tsusho Corporation, Japan
- Ind-Barath Power Infra Limited - India
- Videocon Industries ltd - India
- Global Green Power PLC Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Thiess Contractors Indonesia
- Electricity Generating Authority of Thailand
- Mintek Dendrill Indonesia
- Indogreen Group - Indonesia
- Meenaskhi Energy Private Limited - India
- IHS Mccloskey Coal Group - USA
- Thai Mozambique Logistica
- Kepco SPC Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement PLC, Thailand
- Posco Energy - South Korea
- Sree Jayajothi Cements Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Rio Tinto Coal - Australia
- Alfred C Toepfer International GmbH - Germany
- Wood Mackenzie - Singapore
- Maheswari Brothers Coal Limited - India
- Independent Power Producers Association of India
- Borneo Indobara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Therma Luzon, Inc, Philippines
- India Bulls Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Binh Thuan Hamico - Vietnam
- Semirara Mining Corp, Philippines
- Vizag Seaport Private Limited - India
- McConnell Dowell - Australia
- Holcim Trading Pte Ltd - Singapore
- Standard Chartered Bank - UAE
- VISA Power Limited - India
- Global Coal Blending Company Limited - Australia
- Bahari Cakrawala Sebuku - Indonesia
- GVK Power & Infra Limited - India
- Xindia Steels Limited - India
- MS Steel International - UAE
- Star Paper Mills Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Central Electricity Authority - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kohat Cement Company Ltd. - Pakistan
- Altura Mining Limited, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Renaissance Capital - South Africa
- Mjunction Services Limited - India
- Gujarat Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Ministry of Transport, Egypt
- Edison Trading Spa - Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Makarim & Taira - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- OPG Power Generation Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Parliament of New Zealand
- Bhatia International Limited - India
- The Treasury - Australian Government
- San Jose City I Power Corp, Philippines
- Economic Council, Georgia
- Miang Besar Coal Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- SMG Consultants - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Deloitte Consulting - India
- Krishnapatnam Port Company Ltd. - India
- Power Finance Corporation Ltd., India
- Indonesian Coal Mining Association
- Lanco Infratech Ltd - India
- International Coal Ventures Pvt Ltd - India
- Agrawal Coal Company - India
- Vedanta Resources Plc - India
- Sakthi Sugars Limited - India
- Coal and Oil Company - UAE
- Bulk Trading Sa - Switzerland
- Carbofer General Trading SA - India
- Ministry of Finance - Indonesia
- Port Waratah Coal Services - Australia
- TeaM Sual Corporation - Philippines
- The University of Queensland
- GMR Energy Limited - India
- Malabar Cements Ltd - India
- Sical Logistics Limited - India
- Aboitiz Power Corporation - Philippines
- Mercuria Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Minerals Council of Australia
- Bhoruka Overseas - Indonesia
- Aditya Birla Group - India
- Cigading International Bulk Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Merrill Lynch Commodities Europe
- Ceylon Electricity Board - Sri Lanka
- Timah Investasi Mineral - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Essar Steel Hazira Ltd - India
- Larsen & Toubro Limited - India
- Attock Cement Pakistan Limited
- Bharathi Cement Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- South Luzon Thermal Energy Corporation
- Interocean Group of Companies - India
- Jorong Barutama Greston.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Eastern Coal Council - USA
- Indika Energy - Indonesia
- Ambuja Cements Ltd - India
- Central Java Power - Indonesia
- Karaikal Port Pvt Ltd - India
- Baramulti Group, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- TNB Fuel Sdn Bhd - Malaysia
- LBH Netherlands Bv - Netherlands
- Romanian Commodities Exchange
- ASAPP Information Group - India
- Bhushan Steel Limited - India
- Price Waterhouse Coopers - Russia
- Kartika Selabumi Mining - Indonesia
- Trasteel International SA, Italy
- Intertek Mineral Services - Indonesia
- New Zealand Coal & Carbon
- Indian Oil Corporation Limited
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- London Commodity Brokers - England
- Formosa Plastics Group - Taiwan
- ICICI Bank Limited - India
- Samtan Co., Ltd - South Korea
- Goldman Sachs - Singapore
- Jaiprakash Power Ventures ltd
- PowerSource Philippines DevCo
- Mercator Lines Limited - India
- Wilmar Investment Holdings
- Grasim Industreis Ltd - India
- Directorate Of Revenue Intelligence - India
- Banpu Public Company Limited - Thailand
- Simpson Spence & Young - Indonesia
- Coalindo Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Madhucon Powers Ltd - India
- Anglo American - United Kingdom
- Singapore Mercantile Exchange
- Gujarat Mineral Development Corp Ltd - India
- Meralco Power Generation, Philippines
- Kaltim Prima Coal - Indonesia
- Medco Energi Mining Internasional
- Coastal Gujarat Power Limited - India
- Eastern Energy - Thailand
- SMC Global Power, Philippines
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