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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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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 ...
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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- Asmin Koalindo Tuhup - Indonesia
- Eastern Coal Council - USA
- Larsen & Toubro Limited - India
- Siam City Cement - Thailand
- Kideco Jaya Agung - Indonesia
- Manunggal Multi Energi - Indonesia
- India Bulls Power Limited - India
- SMG Consultants - Indonesia
- Minerals Council of Australia
- Coalindo Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coal and Oil Company - UAE
- Australian Coal Association
- Iligan Light & Power Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Bukit Baiduri Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Ministry of Finance - Indonesia
- Ambuja Cements Ltd - India
- Indogreen Group - Indonesia
- Lanco Infratech Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Chamber of Mines of South Africa
- Jindal Steel & Power Ltd - India
- Heidelberg Cement - Germany
- Romanian Commodities Exchange
- Australian Commodity Traders Exchange
- Bangladesh Power Developement Board
- Rashtriya Ispat Nigam Limited - India
- Anglo American - United Kingdom
- PNOC Exploration Corporation - Philippines
- Energy Development Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Timah Investasi Mineral - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Business Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Essar Steel Hazira Ltd - India
- PowerSource Philippines DevCo
- Meralco Power Generation, Philippines
- Straits Asia Resources Limited - Singapore
- Baramulti Group, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Orica Mining Services - Indonesia
- Altura Mining Limited, Indonesia
- Bulk Trading Sa - Switzerland
- SMC Global Power, Philippines
- Krishnapatnam Port Company Ltd. - India
- Holcim Trading Pte Ltd - Singapore
- Singapore Mercantile Exchange
- Attock Cement Pakistan Limited
- Edison Trading Spa - Italy
- TNB Fuel Sdn Bhd - Malaysia
- Maheswari Brothers Coal Limited - India
- Indo Tambangraya Megah - Indonesia
- London Commodity Brokers - England
- Tamil Nadu electricity Board
- Independent Power Producers Association of India
- Kohat Cement Company Ltd. - Pakistan
- Parry Sugars Refinery, India
- Kobexindo Tractors - Indoneisa
- Medco Energi Mining Internasional
- Barasentosa Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- Economic Council, Georgia
- Star Paper Mills Limited - India
- Billiton Holdings Pty Ltd - Australia
- Georgia Ports Authority, United States
- Sojitz Corporation - Japan
- Kalimantan Lumbung Energi - Indonesia
- The University of Queensland
- Kaltim Prima Coal - Indonesia
- Parliament of New Zealand
- VISA Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Central Java Power - Indonesia
- PTC India Limited - India
- Latin American Coal - Colombia
- Semirara Mining Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhushan Steel Limited - India
- Neyveli Lignite Corporation Ltd, - India
- White Energy Company Limited
- New Zealand Coal & Carbon
- South Luzon Thermal Energy Corporation
- CNBM International Corporation - China
- Gujarat Mineral Development Corp Ltd - India
- Interocean Group of Companies - India
- Goldman Sachs - Singapore
- Tata Chemicals Ltd - India
- Malabar Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Oldendorff Carriers - Singapore
- Standard Chartered Bank - UAE
- International Coal Ventures Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- Eastern Energy - Thailand
- Deloitte Consulting - India
- Meenaskhi Energy Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Cigading International Bulk Terminal - Indonesia
- Sical Logistics Limited - India
- Posco Energy - South Korea
- Sinarmas Energy and Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- Ministry of Transport, Egypt
- Mercator Lines Limited - India
- Marubeni Corporation - India
- Ind-Barath Power Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Jorong Barutama Greston.PT - Indonesia
- TeaM Sual Corporation - Philippines
- Bhatia International Limited - India
- European Bulk Services B.V. - Netherlands
- The Treasury - Australian Government
- Semirara Mining and Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Electricity Generating Authority of Thailand
- Intertek Mineral Services - Indonesia
- Indonesian Coal Mining Association
- Samtan Co., Ltd - South Korea
- Africa Commodities Group - South Africa
- Riau Bara Harum - Indonesia
- Trasteel International SA, Italy
- Madhucon Powers Ltd - India
- Wilmar Investment Holdings
- Directorate General of MIneral and Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Bhoruka Overseas - Indonesia
- San Jose City I Power Corp, Philippines
- Ministry of Mines - Canada
- Port Waratah Coal Services - Australia
- Karaikal Port Pvt Ltd - India
- Vedanta Resources Plc - India
- McConnell Dowell - Australia
- Global Coal Blending Company Limited - Australia
- Aditya Birla Group - India
- Indian Energy Exchange, India
- Videocon Industries ltd - India
- OPG Power Generation Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Mercuria Energy - Indonesia
- Power Finance Corporation Ltd., India
- Savvy Resources Ltd - HongKong
- The State Trading Corporation of India Ltd
- GVK Power & Infra Limited - India
- Thai Mozambique Logistica
- ASAPP Information Group - India
- Planning Commission, India
- Renaissance Capital - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Sakthi Sugars Limited - India
- Pendopo Energi Batubara - Indonesia
- Formosa Plastics Group - Taiwan
- Kapuas Tunggal Persada - Indonesia
- Indian Oil Corporation Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Rio Tinto Coal - Australia
- Grasim Industreis Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Electricity Authority, New Zealand
- CIMB Investment Bank - Malaysia
- Borneo Indobara - Indonesia
- Siam City Cement PLC, Thailand
- Petron Corporation, Philippines
- Dalmia Cement Bharat India
- Salva Resources Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Carbofer General Trading SA - India
- Toyota Tsusho Corporation, Japan
- Uttam Galva Steels Limited - India
- Cement Manufacturers Association - India
- Globalindo Alam Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- Orica Australia Pty. Ltd.
- Sree Jayajothi Cements Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Thiess Contractors Indonesia
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- Makarim & Taira - Indonesia
- Xindia Steels Limited - India
- GMR Energy Limited - India
- LBH Netherlands Bv - Netherlands
- Jaiprakash Power Ventures ltd
- Gujarat Sidhee Cement - India
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- Commonwealth Bank - Australia
- Miang Besar Coal Terminal - Indonesia
- Mintek Dendrill Indonesia
- Metalloyd Limited - United Kingdom
- Antam Resourcindo - Indonesia
- Wood Mackenzie - Singapore
- ICICI Bank Limited - India
- IEA Clean Coal Centre - UK
- Energy Link Ltd, New Zealand
- Agrawal Coal Company - India
- Kepco SPC Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Central Electricity Authority - India
- Bharathi Cement Corporation - India
- Sindya Power Generating Company Private Ltd
- MS Steel International - UAE
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