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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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Friday, 27 September 13
TAIWAN'S FORMOSA TO IMPORT 140K MT OF BITUMINOUS COAL FOR Q4
COALspot.com : Taiwan's Formosa Plastics Group is inviting bids for 140,000 mt of bituminous coal for delivery in the Q4 for its China plant.
Ac ...
Friday, 27 September 13
CAPESIZES REGAINING PART OF THEIR FORMER GLORY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The latest dry bulk market rally has been nothing short of spectacular, with freight rates more than doubling over the past few weeks. This growth h ...
Friday, 27 September 13
US PRODUCED 19.30 MMST OF COAL IN SEVEN DAYS
COALspot.com – United States the world’s second largest coal producer produced approximately 19.30 million short tons (mmst) of coal in ...
Thursday, 26 September 13
PANAMAX MARKET CONTINUE WITH STRONG RATES IN BOTH BASINS - FEARNRESEARCH
Handy
Feast rates are still firm, some fresh stems entered the market. Vessels trading around $15k passing Singapore for coal to India, and a bit l ...
Thursday, 26 September 13
INTERCARGO PUBLISHES BENCHMARKING BULK CARRIERS 2012-13 REPORT
The International Association of Dry Cargo Shipowners (Intercargo) has today launched Benchmarking Bulk Carriers 2012-13, the latest edition of our ...
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- Thiess Contractors Indonesia
- Australian Coal Association
- Kaltim Prima Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Savvy Resources Ltd - HongKong
- Straits Asia Resources Limited - Singapore
- Kobexindo Tractors - Indoneisa
- Toyota Tsusho Corporation, Japan
- Orica Mining Services - Indonesia
- Trasteel International SA, Italy
- Metalloyd Limited - United Kingdom
- Heidelberg Cement - Germany
- White Energy Company Limited
- The University of Queensland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indika Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Dalmia Cement Bharat India
- Power Finance Corporation Ltd., India
- Bukit Makmur.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Star Paper Mills Limited - India
- Interocean Group of Companies - India
- Africa Commodities Group - South Africa
- PowerSource Philippines DevCo
- Singapore Mercantile Exchange
- Deloitte Consulting - India
- Eastern Energy - Thailand
- Samtan Co., Ltd - South Korea
- Economic Council, Georgia
- Price Waterhouse Coopers - Russia
- Indonesian Coal Mining Association
- European Bulk Services B.V. - Netherlands
- Aboitiz Power Corporation - Philippines
- Siam City Cement PLC, Thailand
- Energy Development Corp, Philippines
- Sakthi Sugars Limited - India
- Petron Corporation, Philippines
- Global Business Power Corporation, Philippines
- Goldman Sachs - Singapore
- Chamber of Mines of South Africa
- Mjunction Services Limited - India
- Makarim & Taira - Indonesia
- Global Green Power PLC Corporation, Philippines
- Renaissance Capital - South Africa
- Marubeni Corporation - India
- Gujarat Sidhee Cement - India
- SMC Global Power, Philippines
- Riau Bara Harum - Indonesia
- Coalindo Energy - Indonesia
- CNBM International Corporation - China
- SN Aboitiz Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Ind-Barath Power Infra Limited - India
- The State Trading Corporation of India Ltd
- Eastern Coal Council - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coal and Oil Company - UAE
- MS Steel International - UAE
- Krishnapatnam Port Company Ltd. - India
- Ceylon Electricity Board - Sri Lanka
- Borneo Indobara - Indonesia
- Ministry of Mines - Canada
- Orica Australia Pty. Ltd.
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sojitz Corporation - Japan
- OPG Power Generation Pvt Ltd - India
- Minerals Council of Australia
- Timah Investasi Mineral - Indoneisa
- Anglo American - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Lanco Infratech Ltd - India
- Directorate Of Revenue Intelligence - India
- India Bulls Power Limited - India
- Energy Link Ltd, New Zealand
- Semirara Mining and Power Corporation, Philippines
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- Bayan Resources Tbk. - Indonesia
- South Luzon Thermal Energy Corporation
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Baramulti Group, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Kumho Petrochemical, South Korea
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- Bhatia International Limited - India
- Oldendorff Carriers - Singapore
- Pendopo Energi Batubara - Indonesia
- Electricity Authority, New Zealand
- Sree Jayajothi Cements Limited - India
- Kepco SPC Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Central Electricity Authority - India
- Sical Logistics Limited - India
- Tata Chemicals Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Bangladesh Power Developement Board
- Georgia Ports Authority, United States
- Gujarat Mineral Development Corp Ltd - India
- Sarangani Energy Corporation, Philippines
- Wood Mackenzie - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Posco Energy - South Korea
- Rio Tinto Coal - Australia
- ICICI Bank Limited - India
- Indian Oil Corporation Limited
- Manunggal Multi Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
- VISA Power Limited - India
- Larsen & Toubro Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Parliament of New Zealand
- Bhushan Steel Limited - India
- Bulk Trading Sa - Switzerland
- Parry Sugars Refinery, India
- Meralco Power Generation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Salva Resources Pvt Ltd - India
- Carbofer General Trading SA - India
- Binh Thuan Hamico - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aditya Birla Group - India
- Vijayanagar Sugar Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Planning Commission, India
- Chettinad Cement Corporation Ltd - India
- LBH Netherlands Bv - Netherlands
- PTC India Limited - India
- Kideco Jaya Agung - Indonesia
- Malabar Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- ASAPP Information Group - India
- Madhucon Powers Ltd - India
- Indo Tambangraya Megah - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Intertek Mineral Services - Indonesia
- Therma Luzon, Inc, Philippines
- Semirara Mining Corp, Philippines
- Romanian Commodities Exchange
- Port Waratah Coal Services - Australia
- Globalindo Alam Lestari - Indonesia
- Vedanta Resources Plc - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Cement Manufacturers Association - India
- Commonwealth Bank - Australia
- New Zealand Coal & Carbon
- San Jose City I Power Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Electricity Generating Authority of Thailand
- Attock Cement Pakistan Limited
- Videocon Industries ltd - India
- Mercator Lines Limited - India
- Sinarmas Energy and Mining - Indonesia
- Sindya Power Generating Company Private Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Antam Resourcindo - Indonesia
- McConnell Dowell - Australia
- Jorong Barutama Greston.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Mintek Dendrill Indonesia
- Standard Chartered Bank - UAE
- Latin American Coal - Colombia
- Indian Energy Exchange, India
- Maheswari Brothers Coal Limited - India
- Xindia Steels Limited - India
- Edison Trading Spa - Italy
- Mercuria Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Ambuja Cements Ltd - India
- Essar Steel Hazira Ltd - India
- Agrawal Coal Company - India
- Miang Besar Coal Terminal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Merrill Lynch Commodities Europe
- Tamil Nadu electricity Board
- Central Java Power - Indonesia
- Bharathi Cement Corporation - India
- SMG Consultants - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- Billiton Holdings Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- Ministry of Finance - Indonesia
- Indogreen Group - Indonesia
- IEA Clean Coal Centre - UK
- Barasentosa Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jindal Steel & Power Ltd - India
- GVK Power & Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Medco Energi Mining Internasional
- Thai Mozambique Logistica
- Jaiprakash Power Ventures ltd
- Alfred C Toepfer International GmbH - Germany
- International Coal Ventures Pvt Ltd - India
- Independent Power Producers Association of India
- Formosa Plastics Group - Taiwan
- Ministry of Transport, Egypt
- Kohat Cement Company Ltd. - Pakistan
- Australian Commodity Traders Exchange
- Meenaskhi Energy Private Limited - India
- Wilmar Investment Holdings
- Pipit Mutiara Jaya. PT, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Grasim Industreis Ltd - India
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