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Thursday, 06 February 14
THE WORLD LARGEST COAL EXPORTER SHIPPED AROUND 35.90 MMT OF COAL IN DECEMBER 2013
 COALspot.com: Indonesia, the world 4th largest coal producer and the Global largest multi grade coal exporter shipped around $2* billion worth of coal in December 2013. According to our sources, the average export price of coal in December was around US$ 55.03* per mt or around 1.32 percent higher than November average selling price of US$ 55.03*. In the meantime, November' average selling price of coal was around 1.62% lesser than October' average selling price.
Country's December 2013 export volume fell 1.52% and the revenue was also declined slightly compared Indonesia's November coal export revenue.
Indonesia shipped around 35.90* million tons of coal in December, 1.52% per cent lesser compared to country's November 2013 exports of 36.45* 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 14.36* million tons of coal in December or around 5.43*% higher than China's coal imports from Indonesia in November.
In the meantime, India's coal imports from Indonesian in December dropped significantly to 8* million tons or 12.66% lesser than its November Import. Indonesia shipped around 9.16* million tons of coal in November 2013 to India.
According to Indonesian coal exports statistics, the China has dominated Indonesian coal imports in first quarter but almost lost to India in Q2. However, China has again becomes largest Indonesian coal buyer for second half of 2013. India and China is the main coal importers of coal from Indonesia in last few years and Indonesian coal out puts are almost depends on Chinese and Indian imports. Around 62.32*% (62.51*% in November) of total Indonesian coal exports in December goes India and China.
Indonesia shipped 12.66 per cent less coal to India in December compared to country's November exports of 9.16* million tons. Indonesia exports mostly low calorific value coal to India. Indian buyers used to buy below 5000 GAR coal particularly 4200 and 3800 GAR coal from Indonesia.
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 coal from S/A. Indian coal importers, particularly traders are importing Indonesian ultra-low calorific coal particularly from Sumatra and North Kalimantan for blending purpose with South African high calorific value coal, said a coal importer familiar with Indonesian and S/A coal.
International markets have traditionally been the principle destination for Indonesian thermal coal, with around 85.86*% (83.21*% in November) of the county's total thermal coal exports in December shipped to China, India, South Korea, Japan & Taiwan.
Indonesia shipped 13.62* & 14.36* million tons of coal to China in November & December 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 either on spot or terms.
The Director General of Mineral and Coal’s declared the minimum selling price for Indonesian coal for January 2014 delivery was slightly higher than December 2013 declared 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 January 2014 up 1.98% per cent month on month but down 6.45% year on year (January 2013).
The Ministry of Energy & Mineral Resources of Indonesia sets the coal’s spot price benchmark for January 2014 delivery at US$ 81.90 per ton (basis 6322 GAR coal), which is US$ 1.59 higher than December 2013 price or US$ 5.65 lower compared to the same period in 2013. The bench mark price for coal for February 2014 delivery 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 South, East and North Kalimantan as well as Sumatera Island.
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. Average selling price mentioned here is average selling price of from ultra low calorific coal to bituminous coal(cs)
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Tuesday, 17 December 13
NEWCASTLE COAL EXPORTS UP 37.83% WEEK ON WEEK
COALspot.com: In the week ended December 16, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totalled 3.45 ...
Monday, 16 December 13
SUB-BIT FOB INDONESIA COAL SWAP LOST $ 0.53 IN A WEEK
COALspot.com – Sub-Bit Indonesia coal swap (FOB) for average Q1’ 14 delivery gained $ 0.91 pmt month on month on Friday 13 December 2013 ...
Monday, 16 December 13
API 8 CFR SOUTH CHINA COAL Q3' 14 DELIVERY PRICE CLOSED $1.63 LESSER THAN Q1' 14 PRICE
COALspot.com : API 8 CFR South China Coal swaps for average Q1’ 14 delivery gained 5.34 percept month on month as on Friday 13 December 2013. ...
Sunday, 15 December 13
SUPRAMAX'S FREIGHT RALLY COMES TO AN END THIS WEEK
COALspot.com: The BDI was up by 7 pct closing at 2,330 points week on week and the cape index was also up by 10.51 points and closed at 4,246 points ...
Friday, 13 December 13
HARD COAL : VOLUMES POSSIBLY AT RECORD-BREAKING HIGH; PRICES POSSIBLY AT A RECORD-BREAKING LOW - VDKI
Press Release : World Hard Coal Market 2013: volumes possibly at record-breaking high, prices possibly at a record-breaking low. German and UK impor ...
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- Simpson Spence & Young - Indonesia
- Binh Thuan Hamico - Vietnam
- Parliament of New Zealand
- Alfred C Toepfer International GmbH - Germany
- Petron Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- Formosa Plastics Group - Taiwan
- Global Coal Blending Company Limited - Australia
- Sinarmas Energy and Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Kartika Selabumi Mining - Indonesia
- Indogreen Group - Indonesia
- Goldman Sachs - Singapore
- Eastern Energy - Thailand
- London Commodity Brokers - England
- Kaltim Prima Coal - Indonesia
- Thai Mozambique Logistica
- Bharathi Cement Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Mining Services - Indonesia
- Bhushan Steel Limited - India
- International Coal Ventures Pvt Ltd - India
- Larsen & Toubro Limited - India
- Mjunction Services Limited - India
- Planning Commission, India
- MS Steel International - UAE
- Australian Coal Association
- Standard Chartered Bank - UAE
- Therma Luzon, Inc, Philippines
- The Treasury - Australian Government
- GVK Power & Infra Limited - India
- Georgia Ports Authority, United States
- Altura Mining Limited, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Orica Australia Pty. Ltd.
- Chamber of Mines of South Africa
- Rio Tinto Coal - Australia
- Meenaskhi Energy Private Limited - India
- VISA Power Limited - India
- Trasteel International SA, Italy
- Jaiprakash Power Ventures ltd
- Aditya Birla Group - India
- Lanco Infratech Ltd - India
- CNBM International Corporation - China
- Central Java Power - Indonesia
- SMC Global Power, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- India Bulls Power Limited - India
- Malabar Cements Ltd - India
- Eastern Coal Council - USA
- Vedanta Resources Plc - India
- Essar Steel Hazira Ltd - India
- Africa Commodities Group - South Africa
- Sakthi Sugars Limited - India
- New Zealand Coal & Carbon
- PTC India Limited - India
- Riau Bara Harum - Indonesia
- Coal and Oil Company - UAE
- Romanian Commodities Exchange
- Wood Mackenzie - Singapore
- Ministry of Mines - Canada
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Uttam Galva Steels Limited - India
- Bangladesh Power Developement Board
- Bayan Resources Tbk. - Indonesia
- Global Green Power PLC Corporation, Philippines
- Makarim & Taira - Indonesia
- SMG Consultants - Indonesia
- Madhucon Powers Ltd - India
- Timah Investasi Mineral - Indoneisa
- Independent Power Producers Association of India
- Grasim Industreis Ltd - India
- Borneo Indobara - Indonesia
- Mintek Dendrill Indonesia
- White Energy Company Limited
- Economic Council, Georgia
- Coastal Gujarat Power Limited - India
- Global Business Power Corporation, Philippines
- Interocean Group of Companies - India
- Indika Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Leighton Contractors Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Videocon Industries ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Chettinad Cement Corporation Ltd - India
- Renaissance Capital - South Africa
- GMR Energy Limited - India
- Indian Oil Corporation Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Baramulti Group, Indonesia
- Australian Commodity Traders Exchange
- TeaM Sual Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wilmar Investment Holdings
- Kapuas Tunggal Persada - Indonesia
- Central Electricity Authority - India
- Gujarat Sidhee Cement - India
- Kumho Petrochemical, South Korea
- Gujarat Mineral Development Corp Ltd - India
- Parry Sugars Refinery, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Offshore Bulk Terminal Pte Ltd, Singapore
- Antam Resourcindo - Indonesia
- CIMB Investment Bank - Malaysia
- McConnell Dowell - Australia
- Kohat Cement Company Ltd. - Pakistan
- Toyota Tsusho Corporation, Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- SN Aboitiz Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Mercator Lines Limited - India
- Sree Jayajothi Cements Limited - India
- European Bulk Services B.V. - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Bahari Cakrawala Sebuku - Indonesia
- Intertek Mineral Services - Indonesia
- Edison Trading Spa - Italy
- Metalloyd Limited - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Sindya Power Generating Company Private Ltd
- Asmin Koalindo Tuhup - Indonesia
- Xindia Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Bhatia International Limited - India
- Straits Asia Resources Limited - Singapore
- Sojitz Corporation - Japan
- PowerSource Philippines DevCo
- Kepco SPC Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Port Waratah Coal Services - Australia
- Thiess Contractors Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Energy Link Ltd, New Zealand
- Rashtriya Ispat Nigam Limited - India
- Agrawal Coal Company - India
- Siam City Cement PLC, Thailand
- South Luzon Thermal Energy Corporation
- San Jose City I Power Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Deloitte Consulting - India
- Samtan Co., Ltd - South Korea
- Bukit Makmur.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Kobexindo Tractors - Indoneisa
- Aboitiz Power Corporation - Philippines
- Anglo American - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Electricity Authority, New Zealand
- Power Finance Corporation Ltd., India
- GAC Shipping (India) Pvt Ltd
- ASAPP Information Group - India
- ICICI Bank Limited - India
- Indonesian Coal Mining Association
- Ministry of Finance - Indonesia
- Dalmia Cement Bharat India
- Manunggal Multi Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Maheswari Brothers Coal Limited - India
- Coalindo Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Globalindo Alam Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Latin American Coal - Colombia
- Posco Energy - South Korea
- Star Paper Mills Limited - India
- Sarangani Energy Corporation, Philippines
- Carbofer General Trading SA - India
- Siam City Cement - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Iligan Light & Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Salva Resources Pvt Ltd - India
- Attock Cement Pakistan Limited
- Energy Development Corp, Philippines
- Marubeni Corporation - India
- Indian Energy Exchange, India
- Tamil Nadu electricity Board
- Oldendorff Carriers - Singapore
- Meralco Power Generation, Philippines
- Ind-Barath Power Infra Limited - India
- Kideco Jaya Agung - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Sical Logistics Limited - India
- Commonwealth Bank - Australia
- Krishnapatnam Port Company Ltd. - India
- Mercuria Energy - Indonesia
- Singapore Mercantile Exchange
- IEA Clean Coal Centre - UK
- Medco Energi Mining Internasional
- Jindal Steel & Power Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tata Chemicals Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Minerals Council of Australia
- LBH Netherlands Bv - Netherlands
- Merrill Lynch Commodities Europe
- Holcim Trading Pte Ltd - Singapore
- Cement Manufacturers Association - India
- The University of Queensland
- Kalimantan Lumbung Energi - Indonesia
- Heidelberg Cement - Germany
- Barasentosa Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Jorong Barutama Greston.PT - Indonesia
- Bulk Trading Sa - Switzerland
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