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Friday, 27 December 13
INDONESIA SHIPPED 15.75 PERCENT MORE COAL IN NOVEMBER
 COALspot.com: Indonesia, the world's 4th largest coal producer and the largest multi grade coal exporter shipped over $2* billion worth of coal in November. According to our sources, the average export price of coal in November was around US$ 55.03* per mt or around 1.62 percent lesser than Octobers' average selling price of US$ 55.94*. In the meantime, Octobers' average selling price of coal was around 0.92% lesser than Septembers' average selling price.
Country's November export volume rose by 15.75% and the revenue was also inclined compared Indonesia's October coal export revenue. In spite of lower average selling price, the Indonesian coal exports revenue increased by 13.86*% to US$ 2* billion in November compare to around US$ 1.76* billion in October.
Indonesia shipped around 36.45* million tons of coal in November up 15.75 per cent compared to country's October exports of 31.49* million tons.
According to available information that we obtained from various sources, China, the world’s largest coal producer and the net importer of coal has imported around 13.62* million tons of coal in November or around 48.52*% higher than China's coal imports from Indonesia in October.
In the meantime, Indias' coal imports from Indonesian in November rose slightly to 9.16* million tons. Indonesia shipped around 8.44* million tons of coal to India in October.
According to Indonesian coal exports statistics, the China has dominated Indonesian coal imports in first quarter but almost lost to India in Q2. China again become largest Indonesian coal buyer for second half of this year. India and China are the main coal importers of coal from Indonesia in last few years and Indonesia coal out puts are almost depends on Chinese and Indian imports. Around 62.51*% (55.94*% in October) of total Indonesian coal exports in November goes India and China.
Indonesia shipped 8.45 per cent more coal to India in November compared to country's October exports of 8.44* million tons. Indonesia exports mostly low calorific value coal to India.
Low calorific value power plant coal of Indonesian origin is still dominating Indian market compare to Chinese market". India used to buy 3800 – 4200 GAR coal from Indonesia and high calorific value cal from S/A. 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 around 83.21*% of the county's total thermal coal exports in November shipped to China, India, South Korea, Japan & Taiwan.
Indonesia shipped 9.17* & 13.62* million tons of coal to China in October & November 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 December delivery was slightly higher than November' price.
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 December up 2.79% per cent month on month and down 1.76% year on year.
The Ministry of Energy & Mineral Resources of Indonesia sets the coal’s spot price benchmark for December 2013 delivery at US$ 80.31 per ton (basis 6322 GAR coal), which was US$ 2.18 higher than November 2013 price or US$ 1.44 lower compared to the same period in 2012. The bench mark price for coal for January loading is expected to be released by Director General of Mineral and Coal first week of January 2014.
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 mines and 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, 20 December 13
US PRODUCED 2.71% MORE COAL WEEK ON WEEK
COALspot.com – United States the world’s second largest coal producer, produced approximately 18.9 million short tons (mmst) of coal in ...
Friday, 20 December 13
DRY BULK MARKET SLUMPS AHEAD OF HOLIDAY SEASON - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
As has been the case in recent years, the dry bulk market has been on a downward trend ahead of the Holiday Season for a large part of the world. Th ...
Thursday, 19 December 13
SHIPPING CONFIDENCE HITS THREE-YEAR HIGH - MOORE STEPHENS
Overall confidence levels in the shipping industry rose to their highest level for more than three years over the three-month period to November 201 ...
Wednesday, 18 December 13
SNP ACTIVITY IN CHINA SEEMS TO BE SLOWING DOWN - CHRISTOS TRAGEAS
Approaching the end of the year, SnP activity in China seems to be slowing down in comparison to the first half of this quarter, as most Chinese Shi ...
Wednesday, 18 December 13
DEMOLITION ACTIVITY SCALED BACK AS FREIGHT RATES RISE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
It's always been the case that each time we witness a spike in freight rates, demolition activity is decreasing, as owners are looking for more car ...
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- Carbofer General Trading SA - India
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- Banpu Public Company Limited - Thailand
- Orica Australia Pty. Ltd.
- Cement Manufacturers Association - India
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- Asmin Koalindo Tuhup - Indonesia
- European Bulk Services B.V. - Netherlands
- LBH Netherlands Bv - Netherlands
- Pendopo Energi Batubara - Indonesia
- SMG Consultants - Indonesia
- International Coal Ventures Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Posco Energy - South Korea
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- Indian Oil Corporation Limited
- Kepco SPC Power Corporation, Philippines
- Mjunction Services Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Chamber of Mines of South Africa
- The University of Queensland
- Leighton Contractors Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- VISA Power Limited - India
- Mintek Dendrill Indonesia
- PTC India Limited - India
- Iligan Light & Power Inc, Philippines
- Goldman Sachs - Singapore
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- AsiaOL BioFuels Corp., Philippines
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- SMC Global Power, Philippines
- Merrill Lynch Commodities Europe
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- Marubeni Corporation - India
- Holcim Trading Pte Ltd - Singapore
- Sree Jayajothi Cements Limited - India
- ASAPP Information Group - India
- Energy Development Corp, Philippines
- Orica Mining Services - Indonesia
- Port Waratah Coal Services - Australia
- GVK Power & Infra Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate Of Revenue Intelligence - India
- Meralco Power Generation, Philippines
- Wood Mackenzie - Singapore
- Gujarat Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Straits Asia Resources Limited - Singapore
- Semirara Mining and Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- ICICI Bank Limited - India
- Makarim & Taira - Indonesia
- Formosa Plastics Group - Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Thiess Contractors Indonesia
- The Treasury - Australian Government
- Anglo American - United Kingdom
- Tata Chemicals Ltd - India
- Star Paper Mills Limited - India
- Petron Corporation, Philippines
- Sakthi Sugars Limited - India
- South Luzon Thermal Energy Corporation
- Rio Tinto Coal - Australia
- Africa Commodities Group - South Africa
- Parry Sugars Refinery, India
- India Bulls Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Billiton Holdings Pty Ltd - Australia
- Economic Council, Georgia
- Lanco Infratech Ltd - India
- London Commodity Brokers - England
- Barasentosa Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- Vizag Seaport Private Limited - India
- Thai Mozambique Logistica
- Siam City Cement - Thailand
- IEA Clean Coal Centre - UK
- Malabar Cements Ltd - India
- Riau Bara Harum - Indonesia
- Bharathi Cement Corporation - India
- Bhatia International Limited - India
- Antam Resourcindo - Indonesia
- Parliament of New Zealand
- Kapuas Tunggal Persada - Indonesia
- Grasim Industreis Ltd - India
- Power Finance Corporation Ltd., India
- Karbindo Abesyapradhi - Indoneisa
- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
- Kumho Petrochemical, South Korea
- GAC Shipping (India) Pvt Ltd
- Semirara Mining Corp, Philippines
- Deloitte Consulting - India
- White Energy Company Limited
- Eastern Energy - Thailand
- Wilmar Investment Holdings
- Oldendorff Carriers - Singapore
- Electricity Generating Authority of Thailand
- Borneo Indobara - Indonesia
- PowerSource Philippines DevCo
- Miang Besar Coal Terminal - Indonesia
- Ambuja Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Coal and Oil Company - UAE
- Agrawal Coal Company - India
- OPG Power Generation Pvt Ltd - India
- Ministry of Transport, Egypt
- Renaissance Capital - South Africa
- Indika Energy - Indonesia
- Gujarat Sidhee Cement - India
- Sical Logistics Limited - India
- Minerals Council of Australia
- Simpson Spence & Young - Indonesia
- Binh Thuan Hamico - Vietnam
- Kideco Jaya Agung - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Cigading International Bulk Terminal - Indonesia
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- Vedanta Resources Plc - India
- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Intertek Mineral Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- Australian Commodity Traders Exchange
- Bayan Resources Tbk. - Indonesia
- Bhushan Steel Limited - India
- Jaiprakash Power Ventures ltd
- Commonwealth Bank - Australia
- Indogreen Group - Indonesia
- New Zealand Coal & Carbon
- Samtan Co., Ltd - South Korea
- Mercator Lines Limited - India
- Alfred C Toepfer International GmbH - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Uttam Galva Steels Limited - India
- Baramulti Group, Indonesia
- Tamil Nadu electricity Board
- Metalloyd Limited - United Kingdom
- Aditya Birla Group - India
- Jorong Barutama Greston.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- PetroVietnam Power Coal Import and Supply Company
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bangladesh Power Developement Board
- Karaikal Port Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Latin American Coal - Colombia
- Global Coal Blending Company Limited - Australia
- Bhoruka Overseas - Indonesia
- Standard Chartered Bank - UAE
- Planning Commission, India
- Indonesian Coal Mining Association
- Timah Investasi Mineral - Indoneisa
- Price Waterhouse Coopers - Russia
- Videocon Industries ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Salva Resources Pvt Ltd - India
- Heidelberg Cement - Germany
- Dalmia Cement Bharat India
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- IHS Mccloskey Coal Group - USA
- MS Steel International - UAE
- Australian Coal Association
- Energy Link Ltd, New Zealand
- Sojitz Corporation - Japan
- Interocean Group of Companies - India
- Manunggal Multi Energi - Indonesia
- Xindia Steels Limited - India
- Madhucon Powers Ltd - India
- Siam City Cement PLC, Thailand
- Aboitiz Power Corporation - Philippines
- Georgia Ports Authority, United States
- Bukit Makmur.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- Therma Luzon, Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- GMR Energy Limited - India
- Edison Trading Spa - Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- The State Trading Corporation of India Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Central Electricity Authority - India
- McConnell Dowell - Australia
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Medco Energi Mining Internasional
- Ind-Barath Power Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- CNBM International Corporation - China
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- Altura Mining Limited, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Central Java Power - Indonesia
- Ministry of Mines - Canada
- Independent Power Producers Association of India
- Singapore Mercantile Exchange
- Trasteel International SA, Italy
- Electricity Authority, New Zealand
- Indo Tambangraya Megah - Indonesia
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