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Monday, 01 July 13
INDIA AND CHINA STILL DOMINATING THE INDONESIAN THERMAL COAL EXPORT MARKET
 COALspot.com: Indonesia, the world's largest multi types coal exporter shipped 35.83* million tons of coal in May 2013, 1.40 per cent lesser than April exports. The May exports are still a significant quantity during this hard time for coal exporters.
According to the available information from coal exporters as well as various other sources, the India, the world’s third largest coal producer and net coal importer was the largest importer of Indonesian coal in May 2013, followed by China. India also imported more coal in April from Indonesia compared to China’s imports.
The China has dominated Indonesian coal imports in first quarter but lost to India in Q2.
India’s coal imports from Indonesia in May 2013, has lost 4.36 percent compared to April imports of 12.37* million tons. India imported 11.83* million tons of Indonesian coal in May. The India imports mostly low calorific value coal from Indonesia in May 2013. Low calorific value power plant coal of Indonesian origin is still dominating Indian market. Indian coal importers, particularly traders are importing Indonesian ultra-low calorific coal for blending purpose with South African and American high calorific value coal.
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According to a coal supplier from Sumatera Island, low coal prices' as well low sea freights are encouraging Indian and Chinese buyers to keep an eye on Indonesian coal for last few months. This trend is expecting to continue next year unless the China executes their plan to ban low GCV / high sulphur coal.
Indonesia shipped 10.13* and 10.49* million tons of coal to China in April and May 2013 respectively. China’s Indonesia's coal imports in May slightly or marginally higher than its April imports.
Indonesian 4200 GAR coal is in high demand compared with other types of low calorific value coal.
83.15* percent of total Indonesian coal exports in May shipped to top five traditional Indonesian coal buyers such as India, China, Japan, South Korea and Taiwan.
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Indonesian coal market was almost flat last few days. No major corrections seen in coal prices. However, Bloomberg reported that, the coal prices in Asia are showing little sign of recovery after the biggest quarterly decline in a year amid subdued demand and increasing supply from Australia and Indonesia, the world’s largest exporters.
Indonesia’s May’ 13 coal exports were 1.40 * percent lower than April exports of 36.34 million tons. 62.32* percent of Indonesia’s total coal exports in May burned in India (33.02%*) and China (29.30%*).
Indonesian coal exports to India and China have increased significantly for last few years due to high demands from those two countries. The current Indian coal production is not able to support the high demand of coal and the Coal India, world’s largest coal miner is now planning to import coal from overseas to fill the gap between the supply and demand. India imported 43% more of the fuel than a year ago on increased demand from power stations and steelmakers, according to shipping data, the live Mint reported on 27 June.
India, where 59% of electricity generation is coal-fired, added 1,570 megawatts of thermal power in May to boost its total installed capacity to 225,133 megawatts, according to the Central Electricity Authority, the Economic Times reported on 24 June.
Indonesian small-scale low calorific value coal production and export highly depend China and India. However big scale producers are saying that, they are not just depended on India and China for their exports. “We are not depended on India or China for our coal exports. Part of our export quantity is allocated for India and China to keep our share in those fast-growing countries” said a coal producer from East Kalimantan. “We manage our risk by diversifying our marketing strategy fairly between the coal consuming countries, including and China and India,” he said.
The Indonesian government is studying a proposal to increase royalty as well as introduce an export tax for coal next year. In the meantime, China has drafted a regulation to ban low GCV and high sulphur coal on environment grounds. The coal industry in Indonesia may face another correction if both governments are serious on their own plans.
According to Indonesian mining law 4/2009, all coal miners in Indonesia to require to follow government declared coal prices (HBA) when they conclude a coal sale and purchase contract with their buyers.
The Director General of Mineral and Coal’s declared the minimum selling price for Indonesian coal for June delivery was slightly lower than May's price.
The reference price is to be used by coal producers for all spot and term contracts. This coal benchmark price is stated as using a formula based on the index average of ICI-1 (Indonesia Coal Index), Platts-5900, Newcastle Export Index, and global Coal Index. The assessment basis of the coal price reference was calculated considering coal with GCV 6,322kcal/kg (GAR), Total Moisture (AR) 8.00%, Total Sulphur 0.8% (AR), Ash Content 15% (AR) and delivery Free on Board (FOB) Vessel basis.
The government declared HBA for June has fell 0.54% percent on month and 12.19% on year.
The Ministry of Energy & Mineral Resources of Indonesia sets the coal’s spot price benchmark for June 2013 at US$ 84.87 per ton (basis 6322 GAR coal), which is US cent 46 lesser than May 2013 price and US$ 11.78 lower compared to the same period in 2012.
Coal industry had a hard time since 3rd quarter of 2012 and it is expected to continue at least until 4th Quarter of this year or early next year.
*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)
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Saturday, 27 July 13
INDONESIA TO INDIA SUPRAMAX FREIGHT RATES ARE EXPECTED TO REMAIN STEADY - CAPT.REDDY
COALspot.com : The freight market seemed to soften this week with BDI , Cape and Panamax indices dropped average 5 percent on week.
The BDI was d ...
Thursday, 25 July 13
CAPESIZE : PACIFIC AND ATLANTIC RATES ARE HOLDING STEADY - FEARNLEYS AS
Handy
The Far East market remains quiet even if some Indo coal trip orders were fed in the market at early this week. Prompt ships passing Singapor ...
Thursday, 25 July 13
SUMMER LULL CHIPPING AWAY RECENT GAINS IN DRY BULK FREIGHT RATES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
In what seems to be establishing as a permanent trend, at least for the time being, the dry bulk market kept on retreating yesterday, even if this r ...
Tuesday, 23 July 13
NEWCASTLE'S COAL EXPORTS CLIMB 17.82% ON WEEK, PORT'S DATA SHOWS
COALspot.com: Newcastle port in Australia has loaded 3,369,865 tons of coal for the week ended 0700 hours 22 July 2013, Newcastle Port Corp. s ...
Monday, 22 July 13
DRY BULK MARKET DIFFICULT TO MAINTAIN POSITIVE DRIVE CLAIMS SHIPBROKER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has seen a significant recovery in recent weeks, leading most ship classes to earnings above their operating expenses, thus brin ...
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- Bangladesh Power Developement Board
- IEA Clean Coal Centre - UK
- Bhoruka Overseas - Indonesia
- Energy Link Ltd, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Merrill Lynch Commodities Europe
- San Jose City I Power Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Makarim & Taira - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Economic Council, Georgia
- TeaM Sual Corporation - Philippines
- Indonesian Coal Mining Association
- McConnell Dowell - Australia
- Manunggal Multi Energi - Indonesia
- Uttam Galva Steels Limited - India
- Eastern Coal Council - USA
- Larsen & Toubro Limited - India
- Wood Mackenzie - Singapore
- Port Waratah Coal Services - Australia
- Grasim Industreis Ltd - India
- Attock Cement Pakistan Limited
- Georgia Ports Authority, United States
- Bhushan Steel Limited - India
- The University of Queensland
- Africa Commodities Group - South Africa
- Mercuria Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Posco Energy - South Korea
- Alfred C Toepfer International GmbH - Germany
- Ministry of Mines - Canada
- Mintek Dendrill Indonesia
- Romanian Commodities Exchange
- Salva Resources Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Semirara Mining Corp, Philippines
- Sical Logistics Limited - India
- Ministry of Finance - Indonesia
- Indo Tambangraya Megah - Indonesia
- Mercator Lines Limited - India
- Price Waterhouse Coopers - Russia
- Ind-Barath Power Infra Limited - India
- Star Paper Mills Limited - India
- Meralco Power Generation, Philippines
- Oldendorff Carriers - Singapore
- Australian Commodity Traders Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Samtan Co., Ltd - South Korea
- GN Power Mariveles Coal Plant, Philippines
- Independent Power Producers Association of India
- Chettinad Cement Corporation Ltd - India
- Tata Chemicals Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Interocean Group of Companies - India
- Meenaskhi Energy Private Limited - India
- Ministry of Transport, Egypt
- Heidelberg Cement - Germany
- Formosa Plastics Group - Taiwan
- Australian Coal Association
- SMC Global Power, Philippines
- London Commodity Brokers - England
- Electricity Generating Authority of Thailand
- South Luzon Thermal Energy Corporation
- Siam City Cement - Thailand
- Bharathi Cement Corporation - India
- Riau Bara Harum - Indonesia
- Pendopo Energi Batubara - Indonesia
- Therma Luzon, Inc, Philippines
- Renaissance Capital - South Africa
- Eastern Energy - Thailand
- ASAPP Information Group - India
- Dalmia Cement Bharat India
- Edison Trading Spa - Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- VISA Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Agrawal Coal Company - India
- Bulk Trading Sa - Switzerland
- Sojitz Corporation - Japan
- GMR Energy Limited - India
- Aditya Birla Group - India
- Sakthi Sugars Limited - India
- Jindal Steel & Power Ltd - India
- Savvy Resources Ltd - HongKong
- Videocon Industries ltd - India
- Krishnapatnam Port Company Ltd. - India
- Bukit Baiduri Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Marubeni Corporation - India
- PowerSource Philippines DevCo
- Orica Australia Pty. Ltd.
- CIMB Investment Bank - Malaysia
- Kartika Selabumi Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Baramulti Group, Indonesia
- Toyota Tsusho Corporation, Japan
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Global Green Power PLC Corporation, Philippines
- India Bulls Power Limited - India
- Standard Chartered Bank - UAE
- Aboitiz Power Corporation - Philippines
- Xindia Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Semirara Mining and Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Tamil Nadu electricity Board
- Ambuja Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Timah Investasi Mineral - Indoneisa
- Global Business Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Coal and Oil Company - UAE
- ICICI Bank Limited - India
- Gujarat Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- New Zealand Coal & Carbon
- Sree Jayajothi Cements Limited - India
- Ceylon Electricity Board - Sri Lanka
- Thiess Contractors Indonesia
- Lanco Infratech Ltd - India
- Kaltim Prima Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Anglo American - United Kingdom
- Medco Energi Mining Internasional
- White Energy Company Limited
- Planning Commission, India
- Essar Steel Hazira Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- PTC India Limited - India
- Vizag Seaport Private Limited - India
- Rio Tinto Coal - Australia
- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sarangani Energy Corporation, Philippines
- Kumho Petrochemical, South Korea
- Carbofer General Trading SA - India
- Cement Manufacturers Association - India
- Directorate General of MIneral and Coal - Indonesia
- MS Steel International - UAE
- Bayan Resources Tbk. - Indonesia
- Jaiprakash Power Ventures ltd
- Bahari Cakrawala Sebuku - Indonesia
- Petron Corporation, Philippines
- Commonwealth Bank - Australia
- GVK Power & Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- Parliament of New Zealand
- European Bulk Services B.V. - Netherlands
- Indika Energy - Indonesia
- The State Trading Corporation of India Ltd
- PNOC Exploration Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- LBH Netherlands Bv - Netherlands
- Central Electricity Authority - India
- Banpu Public Company Limited - Thailand
- Intertek Mineral Services - Indonesia
- Kobexindo Tractors - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Wilmar Investment Holdings
- Borneo Indobara - Indonesia
- Singapore Mercantile Exchange
- Barasentosa Lestari - Indonesia
- SMG Consultants - Indonesia
- CNBM International Corporation - China
- Altura Mining Limited, Indonesia
- Orica Mining Services - Indonesia
- Bukit Makmur.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- Indogreen Group - Indonesia
- Minerals Council of Australia
- TNB Fuel Sdn Bhd - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Parry Sugars Refinery, India
- Miang Besar Coal Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- Goldman Sachs - Singapore
- Electricity Authority, New Zealand
- Metalloyd Limited - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement PLC, Thailand
- Power Finance Corporation Ltd., India
- Bukit Asam (Persero) Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Madhucon Powers Ltd - India
- Latin American Coal - Colombia
- Mjunction Services Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Development Corp, Philippines
- Malabar Cements Ltd - India
- Chamber of Mines of South Africa
- SN Aboitiz Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- The Treasury - Australian Government
- Thai Mozambique Logistica
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- Binh Thuan Hamico - Vietnam
- Indian Oil Corporation Limited
- Indian Energy Exchange, India
- International Coal Ventures Pvt Ltd - India
- Central Java Power - Indonesia
- Bhatia International Limited - India
- Deloitte Consulting - India
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