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Friday, 07 March 14
INDONESIA SHIPPED 7% LESS COAL IN JANUARY 2014 COMPARED TO ITS DECEMBER EXPORTS
 COALspot.com: Indonesia, the world 4th largest coal producer and the Global largest multi grade coal exporter shipped around $1.8* billion worth of coal in January 2014. According to our sources, the average export price of coal in January 2014 was around US$ 54.48* per mt or around 0.99 percent lower than December 2013 average selling price of US$ 55.03*.
In the meantime, December 2013 average selling price of coal was around 1.32% higher than November 2013 average selling price.
Country's January 2014 export volume fell 7.04% and the revenue was also declined slightly compared Indonesia's December2013 coal export revenue.
Indonesia shipped around 33.37* million tons of coal in January 2014, around 7% per cent lesser compared to country's December 2013 exports of 35.90* 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 12.88* million tons of coal in January 2014 or around 10.30*% lower than China's coal imports from Indonesia in December 2013.
In the meantime, India's coal imports from Indonesian in January increased to 8.56* million tons or 7% higher than its December Import. Indonesia shipped around 8* million tons of coal in December 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, which is continues in January 2014. India and China are 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. India is the major buyer of Indonesian medium to low calorific value coal. Indian utilities particularly state owned power producers used to buy Indonesian medium calorific value coal due its competitive price. Indonesian High value coal, such as 6000 GAR and above coal is used to be exported to Japan, South Korea. Due to freight advantages, the Indonesian higher value coal prices significantly high compare to other countries higher value coal prices.
According to information that we obtained from the market shows, the Indonesian high calorific value coal's FOB Indonesia prices have reached around US$ 98 - 99 per Mt in January 2014.
Around 64.25*% (62.32*% in December) of total Indonesian coal exports in January goes India and China.
Indonesia shipped 7 per cent more coal to India in January 2014 compared to country's December exports of 8* 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, which is according to them more economically viable and attractive compare to high GCV such as 6000 GAR coal.
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 86.31*% (85.86*% in December 2013) of the county's total thermal coal exports in January 2014 shipped to China, India, South Korea, Japan & Taiwan.
Indonesia shipped 14.36* & 12.88* million tons of coal to China in December 2013 & January 2014 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 February 2014 delivery was slightly lower than January 2014 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 February 2014 down 1.78% per cent month on month and 8.95% year on year (February 2013).
The Ministry of Energy & Mineral Resources of Indonesia sets the coal’s spot price benchmark for February 2014 delivery at US$ 80.44 per ton (basis 6322 GAR coal), which is US$ 1.46 lesser than January 2014 price or US$ 7.91 lower compared to the same period in 2013. The bench mark price for coal for March 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.
Indonesia is to maintain the same level of coal output of 2013 in this year. According to media reports, Indonesia will produce around 421 million mt of coal in 2014 or the same volume that produced in 2013.
**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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Monday, 05 May 14
HUANENG CLEAN ENERGY RESEARCH INSTITUTE HAS CONFIRMED TO SPEAK AT CCF2014
Press Release: Produced by CDMC Events, The 13th Clean Coal Forum 2014 will be held on June 12,13, 2014 in Beijing, China. We are glad to invite ...
Monday, 05 May 14
SUB BIT-FOB INDONESIA COAL SWAPS LOST GROUND LAST WEEK
COALspot.com: Indonesian coal swaps for average Q3’ 2014 lost on day, week and on month according to AsiaClear OTC coal swap's reports ...
Monday, 05 May 14
API 8 CFR SOUTH CHINA COAL SWAP FOR AVERAGE Q3 14 DELIVERIES: LOST 0.82% M-O-M
COALspot.com: API 8 CFR South China Coal swaps for average Q3 14 deliveries lost 0.82 percent month on month and closed at US$ 75.20 per mt as o ...
Sunday, 04 May 14
INDONESIA TO INDIA FREIGHT RATES ARE SHOWING POSITIVE TREND
COALspot.com: The freight market is seems to be some recovery as cape index has increased by 7.84 pct week on week. Cape index closed at 1829 po ...
Friday, 02 May 14
ADARO ENERGY STARTS YEAR 2014 WELL DESPITE CURRENT MARKET CONDITIONS
COALspot.com: Adaro Energy, the second largest Indonesian coal miner's revenue increased 14% to US$ 845 million due to higher sales volume, ...
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- Indonesian Coal Mining Association
- Xindia Steels Limited - India
- Africa Commodities Group - South Africa
- Thai Mozambique Logistica
- Baramulti Group, Indonesia
- Sical Logistics Limited - India
- GMR Energy Limited - India
- Formosa Plastics Group - Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Grasim Industreis Ltd - India
- PTC India Limited - India
- Toyota Tsusho Corporation, Japan
- Siam City Cement - Thailand
- Leighton Contractors Pty Ltd - Australia
- Mjunction Services Limited - India
- Indogreen Group - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- IEA Clean Coal Centre - UK
- San Jose City I Power Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Timah Investasi Mineral - Indoneisa
- Ministry of Finance - Indonesia
- Global Coal Blending Company Limited - Australia
- Power Finance Corporation Ltd., India
- Borneo Indobara - Indonesia
- Samtan Co., Ltd - South Korea
- Orica Australia Pty. Ltd.
- Coal and Oil Company - UAE
- OPG Power Generation Pvt Ltd - India
- Vedanta Resources Plc - India
- Energy Development Corp, Philippines
- Indika Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Metalloyd Limited - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- SMC Global Power, Philippines
- Manunggal Multi Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Essar Steel Hazira Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Central Java Power - Indonesia
- Planning Commission, India
- Bhushan Steel Limited - India
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- Posco Energy - South Korea
- Edison Trading Spa - Italy
- Ambuja Cements Ltd - India
- Singapore Mercantile Exchange
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- Dalmia Cement Bharat India
- Mercator Lines Limited - India
- Kepco SPC Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Cement Manufacturers Association - India
- Bhatia International Limited - India
- Orica Mining Services - Indonesia
- Eastern Energy - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Indian Energy Exchange, India
- Straits Asia Resources Limited - Singapore
- Directorate Of Revenue Intelligence - India
- Jindal Steel & Power Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Coal Association
- Krishnapatnam Port Company Ltd. - India
- Mercuria Energy - Indonesia
- Sakthi Sugars Limited - India
- MS Steel International - UAE
- Holcim Trading Pte Ltd - Singapore
- Parry Sugars Refinery, India
- Wilmar Investment Holdings
- GAC Shipping (India) Pvt Ltd
- Aditya Birla Group - India
- Deloitte Consulting - India
- Eastern Coal Council - USA
- Sree Jayajothi Cements Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Latin American Coal - Colombia
- Thiess Contractors Indonesia
- Attock Cement Pakistan Limited
- Romanian Commodities Exchange
- Ministry of Mines - Canada
- Commonwealth Bank - Australia
- Wood Mackenzie - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Sindya Power Generating Company Private Ltd
- Independent Power Producers Association of India
- Petron Corporation, Philippines
- Central Electricity Authority - India
- Meralco Power Generation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- SN Aboitiz Power Inc, Philippines
- Rio Tinto Coal - Australia
- Kobexindo Tractors - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- CNBM International Corporation - China
- CIMB Investment Bank - Malaysia
- Makarim & Taira - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Antam Resourcindo - Indonesia
- Kideco Jaya Agung - Indonesia
- Carbofer General Trading SA - India
- Tata Chemicals Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- White Energy Company Limited
- Electricity Generating Authority of Thailand
- Georgia Ports Authority, United States
- Riau Bara Harum - Indonesia
- Salva Resources Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Minerals Council of Australia
- Coalindo Energy - Indonesia
- ICICI Bank Limited - India
- Cigading International Bulk Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- London Commodity Brokers - England
- PowerSource Philippines DevCo
- Global Green Power PLC Corporation, Philippines
- Interocean Group of Companies - India
- Uttam Galva Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Star Paper Mills Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Parliament of New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- VISA Power Limited - India
- Bhoruka Overseas - Indonesia
- Energy Link Ltd, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Australian Commodity Traders Exchange
- GVK Power & Infra Limited - India
- Malabar Cements Ltd - India
- Ministry of Transport, Egypt
- Offshore Bulk Terminal Pte Ltd, Singapore
- South Luzon Thermal Energy Corporation
- The University of Queensland
- Medco Energi Mining Internasional
- TeaM Sual Corporation - Philippines
- Larsen & Toubro Limited - India
- Aboitiz Power Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement PLC, Thailand
- Billiton Holdings Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Indian Oil Corporation Limited
- Barasentosa Lestari - Indonesia
- Trasteel International SA, Italy
- Bukit Makmur.PT - Indonesia
- Renaissance Capital - South Africa
- New Zealand Coal & Carbon
- Altura Mining Limited, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kumho Petrochemical, South Korea
- Chamber of Mines of South Africa
- Gujarat Sidhee Cement - India
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Lanco Infratech Ltd - India
- McConnell Dowell - Australia
- Vizag Seaport Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Intertek Mineral Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Chettinad Cement Corporation Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Global Business Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Pendopo Energi Batubara - Indonesia
- Videocon Industries ltd - India
- Rashtriya Ispat Nigam Limited - India
- Kapuas Tunggal Persada - Indonesia
- Jaiprakash Power Ventures ltd
- Coastal Gujarat Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Kaltim Prima Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Marubeni Corporation - India
- SMG Consultants - Indonesia
- Agrawal Coal Company - India
- ASAPP Information Group - India
- PNOC Exploration Corporation - Philippines
- Bangladesh Power Developement Board
- India Bulls Power Limited - India
- IHS Mccloskey Coal Group - USA
- Goldman Sachs - Singapore
- Standard Chartered Bank - UAE
- Semirara Mining Corp, Philippines
- Anglo American - United Kingdom
- Port Waratah Coal Services - Australia
- European Bulk Services B.V. - Netherlands
- Banpu Public Company Limited - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maheswari Brothers Coal Limited - India
- Merrill Lynch Commodities Europe
- Price Waterhouse Coopers - Russia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Authority, New Zealand
- Savvy Resources Ltd - HongKong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Heidelberg Cement - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Simpson Spence & Young - Indonesia
- Binh Thuan Hamico - Vietnam
- Economic Council, Georgia
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