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Thursday, 07 November 13
INDONESIAN COAL EXPORT VOLUME INCREASED; REVENUE DECREASED
 COALspot.com: Indonesia, the 15th largest economy, 4th largest coal producer in the world and world's largest multi grade coal exporter shipped over $1.73* billion worth of coal in September. According to our sources, the average export price of coal in September was around US$ 56.45* per mt or around 2.06 percent lesser than Augusts' average selling price of US$ 57.64.
Country's September export volume rose by 0.08% but the revenue was declined compared Indonesia's August coal export revenue. Indonesian coal exports revenue fell by 1.98% to US$ 1.735* billion in September to compare to around US$ 1.77* billion in August.
Indonesia shipped around 30.73* million tons of coal in September up 0.08 per cent compared to country's August exports of 30.71* million tons.
According to the information that we obtained from various sources, China, the world’s largest coal producer and the net importer of coal only imported around 7.85* million tons of coal in September or around 11.66% lesser than China's Augusts' coal imports from Indonesia.
In the meantime, India coal imports from Indonesian in September rose 8.42 million tons. Indonesia shipped slightly higher quantity to Indian in September compared to August exported Quantity.
According to Indonesian coal exports statistics, the China has dominated Indonesian coal imports in first quarter but almost lost to India in Q2. India and China are the main coal importers of Indonesian coal in last few years. Around 52.97*% of total Indonesian coal exports in September burned in India and China.
Indonesia shipped 0.18 per cent more coal to India in September compared to country's August exports of 8.41* million tons. India imports mostly low calorific value coal from Indonesia.
"Low calorific value power plant coal of Indonesian origin is still dominating Indian market compare to Chinese market", said a coal exporter from Sumatra Island of Indonesia. 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 79.14% of the county's total thermal coal exports in August, shipped to India, China, South Korea, Japan & Taiwan.
Indonesia shipped 8.89* and 7.85* million tons of coal to China in August & September 2013 respectively.
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.
Indonesian Coal Price Reference
According to the 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 down 0.36% per cent month on month and 10.96 % year on year.
The Ministry of Energy & Mineral Resources of Indonesia sets the coal’s spot price benchmark for October 2013 delivery at US$ 76.61 per ton (basis 6322 GAR coal), which is US$ 0.28 lower than September 2013 price and US$ 9.43 lower compared to the same period in 2012. The bench mark price for coal for November loading is expected to be released by Director General of Mineral and Coal any time this week.
Royalty Increase; Export Duty
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.* All figures (volume, revenue and price) are subject to verification (cs)
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Sunday, 01 December 13
PANAMAX RATES HAVE REBOUNDED - CAPT. REDDY
COALspot.com: The freight market was quite firm last week with all the indices increased. Cape Index was gained highest this week which supports inc ...
Saturday, 30 November 13
NTPC STARTED IMPORTING COAL THROUGH NW1 FOR ITS FARAKKA POWER PLANT
COALspot.com: In a pioneering and path breaking operation, the very first consignment of about 69,060 metric tons of imported coal bought by MV HUAY ...
Friday, 29 November 13
DRY BULK MARKET BACK ON HIGHER GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market is strengthening as a result of higher demand for Capesize vessels. The BDI (Baltic Dry Index) was up by 146 points yesterday, e ...
Wednesday, 27 November 13
DRY SEGMENTS EXCEPTION OF PANAMAXES, REMAINED OVERALL STABLE - INTERMODAL
COALspot.com : The Dry Bulk market closed off the week in the red, albeit the decrease noted was of short scale. With the exception of Panamaxes, th ...
Wednesday, 27 November 13
US WHEAT IMPORTS TO BRAZIL, REACHED A 35 - YEAR HIGH - EVA TZIMA
COALspot.com: As I am going through a number of dry market fixtures reported since the beginning of October, my eyes instinctively stop where they d ...
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- The Treasury - Australian Government
- Kohat Cement Company Ltd. - Pakistan
- Orica Australia Pty. Ltd.
- Price Waterhouse Coopers - Russia
- GN Power Mariveles Coal Plant, Philippines
- Krishnapatnam Port Company Ltd. - India
- PTC India Limited - India
- Africa Commodities Group - South Africa
- Edison Trading Spa - Italy
- Samtan Co., Ltd - South Korea
- IEA Clean Coal Centre - UK
- Maheswari Brothers Coal Limited - India
- Kideco Jaya Agung - Indonesia
- Australian Coal Association
- VISA Power Limited - India
- Mercuria Energy - Indonesia
- Indika Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Latin American Coal - Colombia
- Georgia Ports Authority, United States
- Ambuja Cements Ltd - India
- MS Steel International - UAE
- Mintek Dendrill Indonesia
- Miang Besar Coal Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Straits Asia Resources Limited - Singapore
- Electricity Generating Authority of Thailand
- Oldendorff Carriers - Singapore
- Therma Luzon, Inc, Philippines
- TeaM Sual Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Manunggal Multi Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tamil Nadu electricity Board
- Carbofer General Trading SA - India
- Larsen & Toubro Limited - India
- Grasim Industreis Ltd - India
- Binh Thuan Hamico - Vietnam
- Goldman Sachs - Singapore
- Attock Cement Pakistan Limited
- Indian Oil Corporation Limited
- Bangladesh Power Developement Board
- Riau Bara Harum - Indonesia
- Ministry of Finance - Indonesia
- Semirara Mining Corp, Philippines
- Bharathi Cement Corporation - India
- Cement Manufacturers Association - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petron Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Sojitz Corporation - Japan
- Indogreen Group - Indonesia
- International Coal Ventures Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- SMC Global Power, Philippines
- Energy Link Ltd, New Zealand
- Independent Power Producers Association of India
- Thiess Contractors Indonesia
- Chamber of Mines of South Africa
- Central Java Power - Indonesia
- Minerals Council of Australia
- Uttam Galva Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- London Commodity Brokers - England
- Commonwealth Bank - Australia
- Indian Energy Exchange, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- ASAPP Information Group - India
- Gujarat Mineral Development Corp Ltd - India
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- Global Business Power Corporation, Philippines
- India Bulls Power Limited - India
- Videocon Industries ltd - India
- Siam City Cement PLC, Thailand
- Meralco Power Generation, Philippines
- Rio Tinto Coal - Australia
- AsiaOL BioFuels Corp., Philippines
- Ministry of Transport, Egypt
- Ministry of Mines - Canada
- TNB Fuel Sdn Bhd - Malaysia
- PowerSource Philippines DevCo
- Kartika Selabumi Mining - Indonesia
- Sindya Power Generating Company Private Ltd
- Coal and Oil Company - UAE
- Bhatia International Limited - India
- Kepco SPC Power Corporation, Philippines
- Medco Energi Mining Internasional
- Directorate General of MIneral and Coal - Indonesia
- Heidelberg Cement - Germany
- Gujarat Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Metalloyd Limited - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Chettinad Cement Corporation Ltd - India
- Vizag Seaport Private Limited - India
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- Energy Development Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thai Mozambique Logistica
- Simpson Spence & Young - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- Eastern Energy - Thailand
- The University of Queensland
- ICICI Bank Limited - India
- Planning Commission, India
- Salva Resources Pvt Ltd - India
- Renaissance Capital - South Africa
- Banpu Public Company Limited - Thailand
- Kaltim Prima Coal - Indonesia
- SMG Consultants - Indonesia
- San Jose City I Power Corp, Philippines
- Xindia Steels Limited - India
- Electricity Authority, New Zealand
- Parry Sugars Refinery, India
- Australian Commodity Traders Exchange
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- South Luzon Thermal Energy Corporation
- McConnell Dowell - Australia
- Intertek Mineral Services - Indonesia
- CIMB Investment Bank - Malaysia
- Sarangani Energy Corporation, Philippines
- Borneo Indobara - Indonesia
- Tata Chemicals Ltd - India
- Lanco Infratech Ltd - India
- Coalindo Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Power Finance Corporation Ltd., India
- Billiton Holdings Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Sical Logistics Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Orica Mining Services - Indonesia
- Ind-Barath Power Infra Limited - India
- Kumho Petrochemical, South Korea
- OPG Power Generation Pvt Ltd - India
- CNBM International Corporation - China
- Indo Tambangraya Megah - Indonesia
- Alfred C Toepfer International GmbH - Germany
- New Zealand Coal & Carbon
- Port Waratah Coal Services - Australia
- Star Paper Mills Limited - India
- Economic Council, Georgia
- GAC Shipping (India) Pvt Ltd
- Kapuas Tunggal Persada - Indonesia
- Deloitte Consulting - India
- Rashtriya Ispat Nigam Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Savvy Resources Ltd - HongKong
- Dalmia Cement Bharat India
- GVK Power & Infra Limited - India
- Iligan Light & Power Inc, Philippines
- Posco Energy - South Korea
- Jaiprakash Power Ventures ltd
- Global Green Power PLC Corporation, Philippines
- Malabar Cements Ltd - India
- Anglo American - United Kingdom
- Jindal Steel & Power Ltd - India
- Wood Mackenzie - Singapore
- Aditya Birla Group - India
- Kobexindo Tractors - Indoneisa
- Indonesian Coal Mining Association
- Vedanta Resources Plc - India
- Eastern Coal Council - USA
- Jorong Barutama Greston.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Formosa Plastics Group - Taiwan
- Wilmar Investment Holdings
- Bayan Resources Tbk. - Indonesia
- Mercator Lines Limited - India
- Agrawal Coal Company - India
- Bukit Makmur.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Merrill Lynch Commodities Europe
- Semirara Mining and Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Parliament of New Zealand
- European Bulk Services B.V. - Netherlands
- Romanian Commodities Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Sree Jayajothi Cements Limited - India
- Globalindo Alam Lestari - Indonesia
- Siam City Cement - Thailand
- The State Trading Corporation of India Ltd
- Mjunction Services Limited - India
- Marubeni Corporation - India
- Baramulti Group, Indonesia
- Bhushan Steel Limited - India
- Karaikal Port Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Singapore Mercantile Exchange
- Sakthi Sugars Limited - India
- GMR Energy Limited - India
- Holcim Trading Pte Ltd - Singapore
- Kalimantan Lumbung Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Bulk Trading Sa - Switzerland
- IHS Mccloskey Coal Group - USA
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