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Thursday, 03 October 13
INDONESIA AUGUST COAL EXPORTS FALL 12.90 % FROM JULY TO 30.71 MIL MT
 COALspot.com: Indonesia, the 15th largest economy in world, 4th largest coal producer in world and world's largest multi grade coal exporter shipped over $1.77* billion worth of coal in August. According to our sources, the average export price of coal in August was around US$ 57.64* per mt.
Indonesian coal exports fell 12.90 per cent to 30.71* million tons in August compared to country's July exports of 35.26* million tons.
According to the information that we obtained from various sources, China, the world’s largest coal producer and the net coal importer again imported more coal from Indonesia compared to India. Indonesia shipped 8.89* million tons of coal to China in August 2013. India, another Indonesian largest coal importer and world's third largest coal producer imported 8.41* millions tons of coal for the same period.
According to Indonesian coal exports statistics, the China has dominated Indonesian coal imports in first quarter but almost lost to India in Q2.
Indonesia shipped 22.67 per cent less coal to India in August compared to country's July exports of 10.88* million tons. India imported mostly low calorific value coal from Indonesia in August 2013. Low calorific value power plant coal of Indonesian origin is still dominating Indian market compare to Chinese 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.
International markets have traditionally been the principle destination for Indonesian thermal coal, with more than 79.95% of the county's total thermal coal exports in August, shipped to China, India, South Korea, Taiwan & Japan.
Indonesia shipped 9.86* and 8.89* million tons of coal to China in July and August 2013 respectively.
"Indonesian 4200 and 4500 GAR coals are still in high demand compared to other grades of low calorific value coal. But the bids from Indian buyers are not attractive to us", said a coal trader from Sumatera. Due to Indian rupee depreciation, Indian buyers putting lower bids compare to few months ago, he continues.
Indonesia's export thermal coals are bituminous to sub-bituminous in rank with widely varying ash, moisture and sulphur characteristics. In Indonesia, coals with as-received heat contents in excess of 5300 kcal/kg (gar) are generally classified as bituminous coals while coals with as-received heat contents of 4100 to 5300 kcal/kg (gar) are classified as sub-bituminous coals and below 4100 kcal/kg (gar) coals are classified as sub-bituminous "C" grade.
According to Indonesian mining law 4/2009, all coal miners in Indonesia to require to follows the 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 September delivery was slightly higher than Augusts' price. The HBA for October delivery is expected any time this week.
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 September has up 0.25% per cent month on month. HBA fell 10.81% year on year.
The Ministry of Energy & Mineral Resources of Indonesia sets the coal’s spot price benchmark for September 2013 delivery at US$ 76.89 per ton (basis 6322 GAR coal), which is US$ 0.19 higher than August 2013 price and US$ 9.32 lower compared to the same period in 2012.
According to available information, the Indonesian government is studying a proposal to increase royalty on coal as well as to introduce an export duty for coal next year. Government is also studying another proposal to restrict coal loading ports in Indonesia to implement better monitoring system to eliminate illegal mining. Indonesia is having hundred of barge loading ports and anchorage coal loading point support coal loading in Kalimantan as well as Sumatera.
Indonesian leading coal miners are operating world class coal loading terminals in Kalimantan and Sumatera.
**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 does not accept any responsibility or liability for any damage or loss caused to any person as a result of any action taken on the basis of this information.
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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Friday, 04 October 13
US COAL PRODUCTION UP 2.1% WEEK ON WEEK - EIA
COALspot.com – United States the world’s second largest coal producer produced approximately 19.70 million short tons (mmst) of coal in ...
Thursday, 03 October 13
TOP FOUR U.S. COAL COMPANIES SUPPLIED MORE THAN HALF OF U.S. COAL PRODUCTION IN 2011 - EIA
In the past two years, more than half of U.S. coal production was attributable to the top four coal producers, the result of changes in regional pro ...
Thursday, 03 October 13
HANDY: PERIOD MARKET STAND IN GOOD POSITION - FEARNRESEARCH
Handy
Nickel ore and Bauxite was active last week but slowed down now due to Chinese holidays. Ships opened in North China fixed at US$ 11-13k leve ...
Wednesday, 02 October 13
DRY BULK MARKET IS STILL MAINTAINING ITS UPWARD DIRECTION
Chartering (Wet: Stable- / Dry: Firm+)
Despite the fact that rates for Capes didn't continue their crazy ride this past week, the Dry Bulk market ...
Wednesday, 02 October 13
HOW LONG WILL THIS LATEST CAPESIZE RALLY LAST? - TASOS PAPADOPOULOS
By Tasos Papadopoulos, SnP Broker, Intermodal
The surge in iron ore trade has translated into a massive boost in daily earnings for capes; with t ...
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- Kapuas Tunggal Persada - Indonesia
- Edison Trading Spa - Italy
- Borneo Indobara - Indonesia
- Independent Power Producers Association of India
- Grasim Industreis Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- ICICI Bank Limited - India
- Price Waterhouse Coopers - Russia
- SMC Global Power, Philippines
- Bulk Trading Sa - Switzerland
- Mjunction Services Limited - India
- Merrill Lynch Commodities Europe
- Globalindo Alam Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mintek Dendrill Indonesia
- Georgia Ports Authority, United States
- Sinarmas Energy and Mining - Indonesia
- Rio Tinto Coal - Australia
- Goldman Sachs - Singapore
- Intertek Mineral Services - Indonesia
- Kumho Petrochemical, South Korea
- Leighton Contractors Pty Ltd - Australia
- Mercator Lines Limited - India
- Agrawal Coal Company - India
- Economic Council, Georgia
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement - Thailand
- OPG Power Generation Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Bangladesh Power Developement Board
- Ind-Barath Power Infra Limited - India
- Indogreen Group - Indonesia
- Renaissance Capital - South Africa
- Parry Sugars Refinery, India
- Indian Oil Corporation Limited
- Kideco Jaya Agung - Indonesia
- India Bulls Power Limited - India
- Power Finance Corporation Ltd., India
- Port Waratah Coal Services - Australia
- Energy Link Ltd, New Zealand
- Sree Jayajothi Cements Limited - India
- TeaM Sual Corporation - Philippines
- Gujarat Sidhee Cement - India
- Baramulti Group, Indonesia
- Chettinad Cement Corporation Ltd - India
- Larsen & Toubro Limited - India
- Straits Asia Resources Limited - Singapore
- Savvy Resources Ltd - HongKong
- Sical Logistics Limited - India
- Central Electricity Authority - India
- The Treasury - Australian Government
- Ministry of Transport, Egypt
- Orica Australia Pty. Ltd.
- New Zealand Coal & Carbon
- Meenaskhi Energy Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Coal Council - USA
- Electricity Generating Authority of Thailand
- Bukit Makmur.PT - Indonesia
- VISA Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- PetroVietnam Power Coal Import and Supply Company
- MS Steel International - UAE
- Anglo American - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kartika Selabumi Mining - Indonesia
- Jindal Steel & Power Ltd - India
- Riau Bara Harum - Indonesia
- Dalmia Cement Bharat India
- Kobexindo Tractors - Indoneisa
- Aboitiz Power Corporation - Philippines
- Tamil Nadu electricity Board
- Bharathi Cement Corporation - India
- GVK Power & Infra Limited - India
- Ministry of Mines - Canada
- Rashtriya Ispat Nigam Limited - India
- Barasentosa Lestari - Indonesia
- Thiess Contractors Indonesia
- CIMB Investment Bank - Malaysia
- Standard Chartered Bank - UAE
- ASAPP Information Group - India
- Siam City Cement PLC, Thailand
- The State Trading Corporation of India Ltd
- Petron Corporation, Philippines
- Central Java Power - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Energy Development Corp, Philippines
- Cement Manufacturers Association - India
- Indika Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Directorate Of Revenue Intelligence - India
- Holcim Trading Pte Ltd - Singapore
- Interocean Group of Companies - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wood Mackenzie - Singapore
- Kepco SPC Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Thai Mozambique Logistica
- Commonwealth Bank - Australia
- Indo Tambangraya Megah - Indonesia
- Marubeni Corporation - India
- Global Coal Blending Company Limited - Australia
- Minerals Council of Australia
- Bhushan Steel Limited - India
- Mercuria Energy - Indonesia
- Aditya Birla Group - India
- Directorate General of MIneral and Coal - Indonesia
- Chamber of Mines of South Africa
- Petrochimia International Co. Ltd.- Taiwan
- IHS Mccloskey Coal Group - USA
- McConnell Dowell - Australia
- Kalimantan Lumbung Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Jaiprakash Power Ventures ltd
- Timah Investasi Mineral - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Metalloyd Limited - United Kingdom
- Planning Commission, India
- Australian Commodity Traders Exchange
- Electricity Authority, New Zealand
- Sindya Power Generating Company Private Ltd
- Meralco Power Generation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Coal and Oil Company - UAE
- AsiaOL BioFuels Corp., Philippines
- Kohat Cement Company Ltd. - Pakistan
- GAC Shipping (India) Pvt Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Coal Association
- Antam Resourcindo - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Mining Services - Indonesia
- Sojitz Corporation - Japan
- Bayan Resources Tbk. - Indonesia
- Therma Luzon, Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- CNBM International Corporation - China
- IEA Clean Coal Centre - UK
- Medco Energi Mining Internasional
- Vijayanagar Sugar Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- PTC India Limited - India
- Iligan Light & Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Attock Cement Pakistan Limited
- Deloitte Consulting - India
- TNB Fuel Sdn Bhd - Malaysia
- Latin American Coal - Colombia
- Semirara Mining and Power Corporation, Philippines
- Eastern Energy - Thailand
- Ceylon Electricity Board - Sri Lanka
- Bukit Baiduri Energy - Indonesia
- Posco Energy - South Korea
- Global Business Power Corporation, Philippines
- Bhatia International Limited - India
- Madhucon Powers Ltd - India
- Videocon Industries ltd - India
- Ministry of Finance - Indonesia
- Semirara Mining Corp, Philippines
- Heidelberg Cement - Germany
- Coalindo Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- Ambuja Cements Ltd - India
- Lanco Infratech Ltd - India
- Sakthi Sugars Limited - India
- Maheswari Brothers Coal Limited - India
- International Coal Ventures Pvt Ltd - India
- White Energy Company Limited
- Gujarat Mineral Development Corp Ltd - India
- Star Paper Mills Limited - India
- GMR Energy Limited - India
- Binh Thuan Hamico - Vietnam
- Pendopo Energi Batubara - Indonesia
- London Commodity Brokers - England
- Karaikal Port Pvt Ltd - India
- Makarim & Taira - Indonesia
- Global Green Power PLC Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- PowerSource Philippines DevCo
- Vedanta Resources Plc - India
- Romanian Commodities Exchange
- Uttam Galva Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Malabar Cements Ltd - India
- Africa Commodities Group - South Africa
- Parliament of New Zealand
- Gujarat Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- The University of Queensland
- Formosa Plastics Group - Taiwan
- Vizag Seaport Private Limited - India
- Tata Chemicals Ltd - India
- Wilmar Investment Holdings
- Trasteel International SA, Italy
- Sarangani Energy Corporation, Philippines
- Singapore Mercantile Exchange
- Xindia Steels Limited - India
- Indonesian Coal Mining Association
- Neyveli Lignite Corporation Ltd, - India
- Carbofer General Trading SA - India
- Indian Energy Exchange, India
- Bhoruka Overseas - Indonesia
- Samtan Co., Ltd - South Korea
- SMG Consultants - Indonesia
- Essar Steel Hazira Ltd - India
- San Jose City I Power Corp, Philippines
- Altura Mining Limited, Indonesia
- Coastal Gujarat Power Limited - India
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