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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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Wednesday, 19 June 13
NEWCASTLE SHIPPED 16.05 PERCENT LESS COAL W/E 17 JUNE 2013
COALspot.com - Newcastle port in Australia has loaded 2,606,071 tons of coal for the week ended 0700 hours 17 June 2013, Newcastle Port Corp. ...
Sunday, 16 June 13
WEAK DEMAND KEEPS COAL PRICES LOW
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average July 2013 delivery have lost 2.94 percent week on week but gained 0.06 percent ...
Saturday, 15 June 13
S7 AND S8 ROUTES ARE EXPECTED TO BE STEADY NEXT WEEK - VISTAAR
COALspot.com - This week freight movement was fairly firm with news of China is rebuilding iron ore stockpiles, and ease import rules. Cape and Pana ...
Saturday, 15 June 13
SHIPPING CONFIDENCE REACHES HIGHEST LEVEL FOR TWO AND A HALF YEARS - MOORE STEPHENS
Overall confidence levels in the shipping industry rose to their highest level for two and a half years in the three months ended May 2013, accordin ...
Friday, 14 June 13
U.S. COAL PRODUCTION TOTALED APPROXIMATELY 18.20 MILLION SHORT TONS W/E 8 JUNE 2013
COALspot.com – United states the world’s second largest coal producer produced totaled approximately 18.20 million short tons (mmst) of ...
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- Cement Manufacturers Association - India
- The Treasury - Australian Government
- Mintek Dendrill Indonesia
- Binh Thuan Hamico - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Oldendorff Carriers - Singapore
- SN Aboitiz Power Inc, Philippines
- CNBM International Corporation - China
- Orica Mining Services - Indonesia
- Chamber of Mines of South Africa
- Merrill Lynch Commodities Europe
- TeaM Sual Corporation - Philippines
- Bangladesh Power Developement Board
- Thiess Contractors Indonesia
- Agrawal Coal Company - India
- India Bulls Power Limited - India
- Bukit Makmur.PT - Indonesia
- Trasteel International SA, Italy
- Renaissance Capital - South Africa
- Kartika Selabumi Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- Madhucon Powers Ltd - India
- Uttam Galva Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- MS Steel International - UAE
- Commonwealth Bank - Australia
- Karaikal Port Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Indian Energy Exchange, India
- Electricity Generating Authority of Thailand
- Georgia Ports Authority, United States
- Therma Luzon, Inc, Philippines
- Ministry of Mines - Canada
- Minerals Council of Australia
- Heidelberg Cement - Germany
- Eastern Energy - Thailand
- Alfred C Toepfer International GmbH - Germany
- SMC Global Power, Philippines
- Siam City Cement - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Billiton Holdings Pty Ltd - Australia
- Singapore Mercantile Exchange
- Bhushan Steel Limited - India
- Sarangani Energy Corporation, Philippines
- Indogreen Group - Indonesia
- PowerSource Philippines DevCo
- Jorong Barutama Greston.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meralco Power Generation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Vedanta Resources Plc - India
- Electricity Authority, New Zealand
- Aboitiz Power Corporation - Philippines
- Mjunction Services Limited - India
- Bhatia International Limited - India
- Global Business Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Essar Steel Hazira Ltd - India
- Iligan Light & Power Inc, Philippines
- Latin American Coal - Colombia
- Marubeni Corporation - India
- Romanian Commodities Exchange
- Central Electricity Authority - India
- ASAPP Information Group - India
- Kepco SPC Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Sojitz Corporation - Japan
- Savvy Resources Ltd - HongKong
- Australian Commodity Traders Exchange
- Deloitte Consulting - India
- Coal and Oil Company - UAE
- Petron Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Simpson Spence & Young - Indonesia
- Toyota Tsusho Corporation, Japan
- Maheswari Brothers Coal Limited - India
- Sical Logistics Limited - India
- Rashtriya Ispat Nigam Limited - India
- Bhoruka Overseas - Indonesia
- Energy Development Corp, Philippines
- Star Paper Mills Limited - India
- Coalindo Energy - Indonesia
- Larsen & Toubro Limited - India
- Attock Cement Pakistan Limited
- Central Java Power - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Indian Oil Corporation Limited
- Interocean Group of Companies - India
- PNOC Exploration Corporation - Philippines
- Ministry of Finance - Indonesia
- Parry Sugars Refinery, India
- Sindya Power Generating Company Private Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercuria Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Eastern Coal Council - USA
- Kalimantan Lumbung Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Meenaskhi Energy Private Limited - India
- Dalmia Cement Bharat India
- Bahari Cakrawala Sebuku - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aditya Birla Group - India
- Baramulti Group, Indonesia
- GMR Energy Limited - India
- AsiaOL BioFuels Corp., Philippines
- Carbofer General Trading SA - India
- Indika Energy - Indonesia
- Edison Trading Spa - Italy
- Indo Tambangraya Megah - Indonesia
- ICICI Bank Limited - India
- Makarim & Taira - Indonesia
- Cigading International Bulk Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Antam Resourcindo - Indonesia
- Bayan Resources Tbk. - Indonesia
- Tamil Nadu electricity Board
- Power Finance Corporation Ltd., India
- Leighton Contractors Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Riau Bara Harum - Indonesia
- Price Waterhouse Coopers - Russia
- GVK Power & Infra Limited - India
- Kaltim Prima Coal - Indonesia
- Parliament of New Zealand
- Global Coal Blending Company Limited - Australia
- London Commodity Brokers - England
- Goldman Sachs - Singapore
- Malabar Cements Ltd - India
- Xindia Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Ambuja Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Kideco Jaya Agung - Indonesia
- Altura Mining Limited, Indonesia
- IHS Mccloskey Coal Group - USA
- PTC India Limited - India
- SMG Consultants - Indonesia
- Standard Chartered Bank - UAE
- Ministry of Transport, Egypt
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate Of Revenue Intelligence - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rio Tinto Coal - Australia
- Bukit Baiduri Energy - Indonesia
- Planning Commission, India
- Wood Mackenzie - Singapore
- Kohat Cement Company Ltd. - Pakistan
- VISA Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Globalindo Alam Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercator Lines Limited - India
- Intertek Mineral Services - Indonesia
- Posco Energy - South Korea
- Medco Energi Mining Internasional
- Global Green Power PLC Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- LBH Netherlands Bv - Netherlands
- The University of Queensland
- Borneo Indobara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Lanco Infratech Ltd - India
- Port Waratah Coal Services - Australia
- Formosa Plastics Group - Taiwan
- Barasentosa Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- White Energy Company Limited
- Australian Coal Association
- Orica Australia Pty. Ltd.
- Kobexindo Tractors - Indoneisa
- San Jose City I Power Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Timah Investasi Mineral - Indoneisa
- Ind-Barath Power Infra Limited - India
- Kumho Petrochemical, South Korea
- Independent Power Producers Association of India
- Samtan Co., Ltd - South Korea
- The State Trading Corporation of India Ltd
- Siam City Cement PLC, Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- New Zealand Coal & Carbon
- Bukit Asam (Persero) Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Videocon Industries ltd - India
- Semirara Mining Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- McConnell Dowell - Australia
- Grasim Industreis Ltd - India
- European Bulk Services B.V. - Netherlands
- Tata Chemicals Ltd - India
- Economic Council, Georgia
- Africa Commodities Group - South Africa
- Indonesian Coal Mining Association
- Manunggal Multi Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Gujarat Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- Thai Mozambique Logistica
- Petrochimia International Co. Ltd.- Taiwan
- Sakthi Sugars Limited - India
- OPG Power Generation Pvt Ltd - India
- Bharathi Cement Corporation - India
- Wilmar Investment Holdings
- Anglo American - United Kingdom
- Vizag Seaport Private Limited - India
- Straits Asia Resources Limited - Singapore
- South Luzon Thermal Energy Corporation
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