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Saturday, 07 July 12
INDONESIA-JAPAN RELATIONS TURN SOUR - THE JAKARTA POST
 The Jakarta Post, the one of the leading Indonesian English new papers reported that, Bilateral relations between Indonesia and Japan have recently become marred by unabashed exchanges of threats between government officials.
Rudi Rubiandini, the newly appointed deputy energy and mineral resources minister, said Japan had sent a letter stating that it would ban photocopy paper imports from Indonesia should the country go ahead and tax metal ore exports.
Japan, the world’s second-largest nickel consumer, previously threatened to file a complaint with the World Trade Organization (WTO) in response to new changes in Indonesia’s mineral trade policy.
On May 6, the government issued a regulation that introduced tougher requirements on the exportation of 65 types of raw minerals — excluding coal — and imposed a 20 percent export tax. The regulation is deemed necessary to curb overexploitation of resources ahead of the full implementation of a ban on raw mineral exports in 2014 as demanded by 2009 Minerals and Coal Mining Law.
The government has encouraged companies to either build smelters, either individually or through joint ventures, or make other plans for processing raw minerals.
In response to Japan’s threat of barring photocopy paper imports, Rudi said Indonesia could easily retaliate by cutting supplies of liquefied natural gas (LNG) to Japan.
According to ministry data, last year, Indonesia produced 362 LNG cargoes. Japan was the largest buyer, purchasing 172 cargoes, followed by Korea with 68 cargoes, the US (55), China (35) and Taiwan (32).
Other data show that in the first four months of this year, Indonesia exported 2.72 million tons of gas worth US$2.43 billion or 18.65 percent less than the $2.99 billion in the same period last year.
Based on Trade Ministry data, between January and April 2012, Indonesia exported more than 173 tons of photocopy paper to Japan. Total exports were valued at US$207.07 million, up 15.52 percent compared to the same period last year.
Trade Ministry director general for foreign trade Deddy Saleh said on Friday that the ministry had not decided to take any action in response to the photocopy paper threat.
“Japan has not filed an official complaint with us. So we are just going to wait and see,” Deddy said.
Experts say that Japan’s desperate response to the new Indonesian policy was an indication of Japan’s high dependence on raw materials to sustain both exports and the lifestyles of Japanese people.
Toshio Nakamura, the general manager of stainless raw materials at Mitsui & Co., was quoted by Bloomberg news service recently as saying that no other countries could immediately replace Indonesia in terms of raw material supplies.
Takayuki Ueda, the director general of the manufacturing industries bureau of Japan’s Trade Ministry, said that Japan would prefer to negotiate a solution to prevent a full ban on mineral exports.
However, he said, Japan might file an objection with the WTO should Indonesia proceed with a complete ban.
Utama Kajo, head of the Indonesian Chamber of Commerce and Industry’s (Kadin) standing committee on investment, human resource development and small and medium enterprises, said he was not worried that the rift would affect other sectors in the trade relations between the two countries.
“This is only a small-scale argument. It will not matter much if Japan stops photocopy paper exports because Indonesia can send it elsewhere, for example, to China or South America,” he said.
Utama suggested that Japan build smelters in Indonesia to process metal ore. Furthermore, he reminded the Indonesian government to think twice before making threats about cutting off the gas supply as it would only harm Indonesia.
“We can’t just cut off the supply because the countries have signed long-term contracts. We would risk being reported to the WTO,” he said.
Avilian, an economist at the Institute for Development of Economics and Finance (Indef) who is also a commissioner at one of the country’s biggest lenders, Bank BRI, said she doubted that the bickering between state officials would damage the long standing relations between Indonesia and Japan.
“We have had good relations so far. This is a small problem and can be addressed by the officials. Indonesia and Japan need each other,” she said.
Source: The Jakarta Post
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Wednesday, 04 December 13
SGX'S MONTHLY VOLUMES REACHED A RECORD HIGH OF 705,000 MT IN NOVEMBER 2013
COALspot.com: SGX has announced that, it monthly volumes have reached a record high of 705 lots (705,000 mt) in November 2013 with month-end open in ...
Tuesday, 03 December 13
PORT OF NEWCASTLE IN QUEENSLAND SHIPPED 1.22 MMT MORE COAL W-W
COALspot.com: In the week ended December 2, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totalled 3.49 ...
Tuesday, 03 December 13
U.S PRODUCED 900.80 MMST YEAR-TO-DATE
COALspot.com – United States the world’s second largest coal producer, produced approximately 19.7 million short tons (mmst) of coal in ...
Monday, 02 December 13
SUB-BIT INDONESIA COAL SWAP DIFFERENCE BETWEEN Q1 AND Q3 DELIVERIES ARE VERY MARGINAL
COALspot.com – Sub-Bit Indonesia coal swap (FOB ) for average Q1’ 14 delivery gained $ 1.67 pmt month on month on Friday 29 Novemb ...
Sunday, 01 December 13
API 8 CFR SOUTH CHINA COAL SWAP FOR Q2 AND Q3 DELIVERY SHOWS A DECLINE
COALspot.com : API 8 CFR South China Coal swaps for average Q1’ 14 delivery gained 0.63 percept d-d on Friday 29 November 2013. The CFR South ...
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- Grasim Industreis Ltd - India
- Holcim Trading Pte Ltd - Singapore
- VISA Power Limited - India
- Aboitiz Power Corporation - Philippines
- Merrill Lynch Commodities Europe
- Medco Energi Mining Internasional
- Power Finance Corporation Ltd., India
- Minerals Council of Australia
- Therma Luzon, Inc, Philippines
- Interocean Group of Companies - India
- LBH Netherlands Bv - Netherlands
- Barasentosa Lestari - Indonesia
- Mercuria Energy - Indonesia
- Tamil Nadu electricity Board
- PowerSource Philippines DevCo
- Bayan Resources Tbk. - Indonesia
- Wilmar Investment Holdings
- Vijayanagar Sugar Pvt Ltd - India
- Heidelberg Cement - Germany
- Coal and Oil Company - UAE
- Semirara Mining and Power Corporation, Philippines
- Parliament of New Zealand
- Sinarmas Energy and Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Australian Commodity Traders Exchange
- Rio Tinto Coal - Australia
- Standard Chartered Bank - UAE
- Orica Mining Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Indonesian Coal Mining Association
- Gujarat Mineral Development Corp Ltd - India
- GMR Energy Limited - India
- Central Electricity Authority - India
- Indian Oil Corporation Limited
- Iligan Light & Power Inc, Philippines
- London Commodity Brokers - England
- Indogreen Group - Indonesia
- Chamber of Mines of South Africa
- Electricity Generating Authority of Thailand
- Agrawal Coal Company - India
- Ceylon Electricity Board - Sri Lanka
- Simpson Spence & Young - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Latin American Coal - Colombia
- Cement Manufacturers Association - India
- Bhatia International Limited - India
- SN Aboitiz Power Inc, Philippines
- Larsen & Toubro Limited - India
- Deloitte Consulting - India
- Goldman Sachs - Singapore
- Posco Energy - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- AsiaOL BioFuels Corp., Philippines
- McConnell Dowell - Australia
- Maharashtra Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Coastal Gujarat Power Limited - India
- New Zealand Coal & Carbon
- SMC Global Power, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- The Treasury - Australian Government
- Kobexindo Tractors - Indoneisa
- Anglo American - United Kingdom
- Binh Thuan Hamico - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- White Energy Company Limited
- PTC India Limited - India
- Global Coal Blending Company Limited - Australia
- Indian Energy Exchange, India
- Vedanta Resources Plc - India
- Salva Resources Pvt Ltd - India
- ASAPP Information Group - India
- Krishnapatnam Port Company Ltd. - India
- Bangladesh Power Developement Board
- Electricity Authority, New Zealand
- Toyota Tsusho Corporation, Japan
- Central Java Power - Indonesia
- Banpu Public Company Limited - Thailand
- Madhucon Powers Ltd - India
- Videocon Industries ltd - India
- Mercator Lines Limited - India
- Carbofer General Trading SA - India
- Formosa Plastics Group - Taiwan
- Sree Jayajothi Cements Limited - India
- Directorate Of Revenue Intelligence - India
- Kumho Petrochemical, South Korea
- Uttam Galva Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Baramulti Group, Indonesia
- Timah Investasi Mineral - Indoneisa
- Energy Development Corp, Philippines
- India Bulls Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Borneo Indobara - Indonesia
- Malabar Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Kepco SPC Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Xindia Steels Limited - India
- Thai Mozambique Logistica
- Renaissance Capital - South Africa
- Gujarat Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- Intertek Mineral Services - Indonesia
- Oldendorff Carriers - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Planning Commission, India
- Bulk Trading Sa - Switzerland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Parry Sugars Refinery, India
- Edison Trading Spa - Italy
- PetroVietnam Power Coal Import and Supply Company
- Eastern Coal Council - USA
- Georgia Ports Authority, United States
- Jindal Steel & Power Ltd - India
- Kaltim Prima Coal - Indonesia
- The University of Queensland
- Pipit Mutiara Jaya. PT, Indonesia
- Mintek Dendrill Indonesia
- Ministry of Finance - Indonesia
- TeaM Sual Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Trasteel International SA, Italy
- Star Paper Mills Limited - India
- Samtan Co., Ltd - South Korea
- Sindya Power Generating Company Private Ltd
- Manunggal Multi Energi - Indonesia
- Dalmia Cement Bharat India
- Metalloyd Limited - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- Marubeni Corporation - India
- Global Business Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Kartika Selabumi Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- PNOC Exploration Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Ambuja Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Altura Mining Limited, Indonesia
- Ind-Barath Power Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Romanian Commodities Exchange
- Straits Asia Resources Limited - Singapore
- Independent Power Producers Association of India
- Alfred C Toepfer International GmbH - Germany
- ICICI Bank Limited - India
- GVK Power & Infra Limited - India
- The State Trading Corporation of India Ltd
- Antam Resourcindo - Indonesia
- Economic Council, Georgia
- Bhoruka Overseas - Indonesia
- Mjunction Services Limited - India
- Gujarat Sidhee Cement - India
- Thiess Contractors Indonesia
- IEA Clean Coal Centre - UK
- Petron Corporation, Philippines
- Attock Cement Pakistan Limited
- CNBM International Corporation - China
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- Essar Steel Hazira Ltd - India
- CIMB Investment Bank - Malaysia
- Siam City Cement PLC, Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indo Tambangraya Megah - Indonesia
- Sical Logistics Limited - India
- Pendopo Energi Batubara - Indonesia
- Jaiprakash Power Ventures ltd
- Lanco Infratech Ltd - India
- Bhushan Steel Limited - India
- Port Waratah Coal Services - Australia
- Energy Link Ltd, New Zealand
- Coalindo Energy - Indonesia
- Singapore Mercantile Exchange
- Bukit Baiduri Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Africa Commodities Group - South Africa
- Tata Chemicals Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- European Bulk Services B.V. - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement - Thailand
- Globalindo Alam Lestari - Indonesia
- Eastern Energy - Thailand
- Commonwealth Bank - Australia
- Ministry of Transport, Egypt
- Indika Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Wood Mackenzie - Singapore
- MS Steel International - UAE
- Semirara Mining Corp, Philippines
- Makarim & Taira - Indonesia
- GAC Shipping (India) Pvt Ltd
- OPG Power Generation Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Meralco Power Generation, Philippines
- South Luzon Thermal Energy Corporation
- Price Waterhouse Coopers - Russia
- Riau Bara Harum - Indonesia
- SMG Consultants - Indonesia
- Savvy Resources Ltd - HongKong
- Miang Besar Coal Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- Aditya Birla Group - India
- Australian Coal Association
- International Coal Ventures Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Sojitz Corporation - Japan
- Ministry of Mines - Canada
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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