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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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Wednesday, 04 December 13
INDONESIAN COAL EXPORTS VOLUME AND REVENUE IN OCTOBER MARCHED TOWARDS NORTH
COALspot.com: Indonesia, the world's 4th largest coal producer and the largest multi grade coal exporter shipped over $1.76* billion worth of ...
Wednesday, 04 December 13
WEST AUSTRALIA IRON ORE FIXTURES ALSO CONTINUING TO PROVIDE A STEADY FLOW OF BUSINESS FOR CAPES - INTERMODAL
The Dry Bulk market has reversed course this past week, bringing back some of the lost excitement of the past month, as all size segments climbed hi ...
Wednesday, 04 December 13
THE BUYERS' DEMAND IS CONTINUOUSLY BULLISH - KONSTANTINOS KONTOMICHIS
The very low rates that prevailed for the bigger part of 2013 seem to have prepared the ground for buying opportunities for shipping investors. The ...
Wednesday, 04 December 13
SGX AND CFA TO COLLABORATE TO DEVELOP DERIVATIVES MARKETS IN CHINA AND SINGAPORE
Singapore Exchange (SGX) and the China Futures Association (CFA) are cooperating in the development of derivatives markets in China and Singapore.
...
Wednesday, 04 December 13
SGX'S MONTHLY VOLUMES REACHED A RECORD HIGH OF 705,000 MT IN NOVEMBER 2013
COALspot.com: SGX has announced that, it monthly volumes have reached a record high of 705 lots (705,000 mt) in November 2013 with month-end open in ...
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- Goldman Sachs - Singapore
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- Ministry of Transport, Egypt
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- Orica Australia Pty. Ltd.
- Directorate General of MIneral and Coal - Indonesia
- Energy Development Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Marubeni Corporation - India
- Kepco SPC Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
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- Posco Energy - South Korea
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- Agrawal Coal Company - India
- Kumho Petrochemical, South Korea
- Sakthi Sugars Limited - India
- Metalloyd Limited - United Kingdom
- Antam Resourcindo - Indonesia
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- Jindal Steel & Power Ltd - India
- Sarangani Energy Corporation, Philippines
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- Anglo American - United Kingdom
- Indian Oil Corporation Limited
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- Jorong Barutama Greston.PT - Indonesia
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- MS Steel International - UAE
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- Mjunction Services Limited - India
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- Therma Luzon, Inc, Philippines
- Africa Commodities Group - South Africa
- LBH Netherlands Bv - Netherlands
- Port Waratah Coal Services - Australia
- Planning Commission, India
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- New Zealand Coal & Carbon
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- Formosa Plastics Group - Taiwan
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- Larsen & Toubro Limited - India
- London Commodity Brokers - England
- Parliament of New Zealand
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- Intertek Mineral Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Indonesian Coal Mining Association
- SMG Consultants - Indonesia
- Ind-Barath Power Infra Limited - India
- Kaltim Prima Coal - Indonesia
- The Treasury - Australian Government
- Indian Energy Exchange, India
- Minerals Council of Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Rio Tinto Coal - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Orica Mining Services - Indonesia
- Eastern Coal Council - USA
- VISA Power Limited - India
- Timah Investasi Mineral - Indoneisa
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- Mercuria Energy - Indonesia
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- Electricity Authority, New Zealand
- Tata Chemicals Ltd - India
- Lanco Infratech Ltd - India
- Merrill Lynch Commodities Europe
- Maheswari Brothers Coal Limited - India
- Cement Manufacturers Association - India
- Leighton Contractors Pty Ltd - Australia
- Salva Resources Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Thiess Contractors Indonesia
- Economic Council, Georgia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhatia International Limited - India
- Standard Chartered Bank - UAE
- GMR Energy Limited - India
- Sojitz Corporation - Japan
- Wood Mackenzie - Singapore
- India Bulls Power Limited - India
- The University of Queensland
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- Coastal Gujarat Power Limited - India
- CNBM International Corporation - China
- Oldendorff Carriers - Singapore
- Siam City Cement PLC, Thailand
- Global Green Power PLC Corporation, Philippines
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- Neyveli Lignite Corporation Ltd, - India
- Australian Commodity Traders Exchange
- Sical Logistics Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Petron Corporation, Philippines
- Independent Power Producers Association of India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Business Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Bharathi Cement Corporation - India
- Directorate Of Revenue Intelligence - India
- Cigading International Bulk Terminal - Indonesia
- Bangladesh Power Developement Board
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Energy - Thailand
- The State Trading Corporation of India Ltd
- Bhoruka Overseas - Indonesia
- Bukit Baiduri Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jaiprakash Power Ventures ltd
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- Thai Mozambique Logistica
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- Bukit Makmur.PT - Indonesia
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- Kobexindo Tractors - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Sindya Power Generating Company Private Ltd
- PNOC Exploration Corporation - Philippines
- IEA Clean Coal Centre - UK
- Ambuja Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- Rashtriya Ispat Nigam Limited - India
- SN Aboitiz Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Kohat Cement Company Ltd. - Pakistan
- Barasentosa Lestari - Indonesia
- AsiaOL BioFuels Corp., Philippines
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- Globalindo Alam Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Latin American Coal - Colombia
- GN Power Mariveles Coal Plant, Philippines
- Australian Coal Association
- Gujarat Mineral Development Corp Ltd - India
- OPG Power Generation Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- SMC Global Power, Philippines
- South Luzon Thermal Energy Corporation
- Bhushan Steel Limited - India
- Vizag Seaport Private Limited - India
- Energy Link Ltd, New Zealand
- Meenaskhi Energy Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- PowerSource Philippines DevCo
- Samtan Co., Ltd - South Korea
- San Jose City I Power Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Siam City Cement - Thailand
- Ministry of Finance - Indonesia
- Commonwealth Bank - Australia
- Coalindo Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Renaissance Capital - South Africa
- PetroVietnam Power Coal Import and Supply Company
- Essar Steel Hazira Ltd - India
- Deloitte Consulting - India
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- Maharashtra Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Vedanta Resources Plc - India
- TeaM Sual Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- McConnell Dowell - Australia
- Heidelberg Cement - Germany
- Edison Trading Spa - Italy
- Bayan Resources Tbk. - Indonesia
- White Energy Company Limited
- GVK Power & Infra Limited - India
- Star Paper Mills Limited - India
- ICICI Bank Limited - India
- Alfred C Toepfer International GmbH - Germany
- Savvy Resources Ltd - HongKong
- Electricity Generating Authority of Thailand
- Chamber of Mines of South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Medco Energi Mining Internasional
- Wilmar Investment Holdings
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- Bulk Trading Sa - Switzerland
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- Ministry of Mines - Canada
- Indika Energy - Indonesia
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