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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, 10 November 13
PANAMAX COAL FREIGHT RATES REMAIN UNDER PRESSURE; SUPRAMAX BIGGEST GAINER - REDDY
COALspot.com: The freight market was up this week with all indices increased except for Panamax index.
The BDI was up by 56 points closing at 158 ...
Friday, 08 November 13
DRY BULK MARKET BOUNCES BACK ON RENEWED DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market staged a mild comeback this week, as the industry's benchmark, the Baltic Dry Index (BDI) inched forward step by step and bit b ...
Friday, 08 November 13
US'S OCTOBER COAL PRODUCTION INCREASED BY 1.78% M-M - EIA
COALspot.com – United States the world’s second largest coal producer, produced approximately 19.3 million short tons (mmst) of coal in ...
Thursday, 07 November 13
FORMOSA PLASTICS SEEKS 80K MT OF 5850 GAR COAL
COALspot.com: Taiwan's Formosa Plastics Group is inviting bids for 80,000 mt of bituminous coal for delivery in Nov - Dec'13 for its Chi ...
Thursday, 07 November 13
THE ENERGY INDUSTRY'S RISING WATER CHALLENGE - WOOD MACKENZIE
Water poses a variety of business risks for the energy industry, and could play an influential role in shaping the future energy supply mix, accordi ...
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- Globalindo Alam Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Eastern Coal Council - USA
- Indian Energy Exchange, India
- Bhoruka Overseas - Indonesia
- Standard Chartered Bank - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tamil Nadu electricity Board
- SMG Consultants - Indonesia
- Renaissance Capital - South Africa
- VISA Power Limited - India
- Binh Thuan Hamico - Vietnam
- Thiess Contractors Indonesia
- Vizag Seaport Private Limited - India
- The University of Queensland
- Gujarat Sidhee Cement - India
- London Commodity Brokers - England
- Wood Mackenzie - Singapore
- ASAPP Information Group - India
- Romanian Commodities Exchange
- Bangladesh Power Developement Board
- Rashtriya Ispat Nigam Limited - India
- Bharathi Cement Corporation - India
- Pendopo Energi Batubara - Indonesia
- Coalindo Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Java Power - Indonesia
- Uttam Galva Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- LBH Netherlands Bv - Netherlands
- GAC Shipping (India) Pvt Ltd
- Maheswari Brothers Coal Limited - India
- TeaM Sual Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Madhucon Powers Ltd - India
- Agrawal Coal Company - India
- Kalimantan Lumbung Energi - Indonesia
- Georgia Ports Authority, United States
- Vedanta Resources Plc - India
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- Minerals Council of Australia
- Sojitz Corporation - Japan
- Directorate General of MIneral and Coal - Indonesia
- Petron Corporation, Philippines
- CNBM International Corporation - China
- Barasentosa Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- SMC Global Power, Philippines
- PTC India Limited - India
- SN Aboitiz Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Altura Mining Limited, Indonesia
- Mercuria Energy - Indonesia
- Orica Australia Pty. Ltd.
- Leighton Contractors Pty Ltd - Australia
- Malabar Cements Ltd - India
- Mercator Lines Limited - India
- Indian Oil Corporation Limited
- Semirara Mining Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aditya Birla Group - India
- Manunggal Multi Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Riau Bara Harum - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Makarim & Taira - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Indogreen Group - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Posco Energy - South Korea
- Eastern Energy - Thailand
- Dalmia Cement Bharat India
- Ministry of Transport, Egypt
- Deloitte Consulting - India
- Independent Power Producers Association of India
- PowerSource Philippines DevCo
- Medco Energi Mining Internasional
- Lanco Infratech Ltd - India
- Siam City Cement - Thailand
- CIMB Investment Bank - Malaysia
- The Treasury - Australian Government
- Semirara Mining and Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Interocean Group of Companies - India
- Samtan Co., Ltd - South Korea
- Indonesian Coal Mining Association
- Global Business Power Corporation, Philippines
- Goldman Sachs - Singapore
- Gujarat Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Attock Cement Pakistan Limited
- Energy Link Ltd, New Zealand
- Price Waterhouse Coopers - Russia
- Ministry of Finance - Indonesia
- Sree Jayajothi Cements Limited - India
- Intertek Mineral Services - Indonesia
- Sakthi Sugars Limited - India
- Kideco Jaya Agung - Indonesia
- Marubeni Corporation - India
- Star Paper Mills Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Larsen & Toubro Limited - India
- Central Electricity Authority - India
- Kohat Cement Company Ltd. - Pakistan
- Therma Luzon, Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- McConnell Dowell - Australia
- Indo Tambangraya Megah - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Generating Authority of Thailand
- Karbindo Abesyapradhi - Indoneisa
- ICICI Bank Limited - India
- Bukit Makmur.PT - Indonesia
- Rio Tinto Coal - Australia
- Commonwealth Bank - Australia
- India Bulls Power Limited - India
- Savvy Resources Ltd - HongKong
- Australian Coal Association
- Maharashtra Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- Bhushan Steel Limited - India
- Mintek Dendrill Indonesia
- Merrill Lynch Commodities Europe
- Tata Chemicals Ltd - India
- Orica Mining Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Cement Manufacturers Association - India
- Toyota Tsusho Corporation, Japan
- Salva Resources Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Timah Investasi Mineral - Indoneisa
- GMR Energy Limited - India
- Kumho Petrochemical, South Korea
- Xindia Steels Limited - India
- Sindya Power Generating Company Private Ltd
- Aboitiz Power Corporation - Philippines
- Australian Commodity Traders Exchange
- Ambuja Cements Ltd - India
- Singapore Mercantile Exchange
- Antam Resourcindo - Indonesia
- Sical Logistics Limited - India
- Coastal Gujarat Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Electricity Authority, New Zealand
- GVK Power & Infra Limited - India
- Power Finance Corporation Ltd., India
- Kaltim Prima Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Billiton Holdings Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Parry Sugars Refinery, India
- Borneo Indobara - Indonesia
- Formosa Plastics Group - Taiwan
- Videocon Industries ltd - India
- Metalloyd Limited - United Kingdom
- Wilmar Investment Holdings
- Sinarmas Energy and Mining - Indonesia
- Jindal Steel & Power Ltd - India
- IHS Mccloskey Coal Group - USA
- Bukit Baiduri Energy - Indonesia
- Trasteel International SA, Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Carbofer General Trading SA - India
- Indika Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Anglo American - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Essar Steel Hazira Ltd - India
- Parliament of New Zealand
- Alfred C Toepfer International GmbH - Germany
- New Zealand Coal & Carbon
- Energy Development Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Baramulti Group, Indonesia
- Edison Trading Spa - Italy
- Jaiprakash Power Ventures ltd
- Chamber of Mines of South Africa
- TNB Fuel Sdn Bhd - Malaysia
- PNOC Exploration Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Iligan Light & Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Bhatia International Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- White Energy Company Limited
- Mjunction Services Limited - India
- MS Steel International - UAE
- Siam City Cement PLC, Thailand
- The State Trading Corporation of India Ltd
- Thai Mozambique Logistica
- Latin American Coal - Colombia
- Kobexindo Tractors - Indoneisa
- Economic Council, Georgia
- Bukit Asam (Persero) Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Heidelberg Cement - Germany
- Krishnapatnam Port Company Ltd. - India
- Meenaskhi Energy Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Ind-Barath Power Infra Limited - India
- Meralco Power Generation, Philippines
- Ministry of Mines - Canada
- Grasim Industreis Ltd - India
- Karaikal Port Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Port Waratah Coal Services - Australia
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