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Monday, 01 February 16
INDONESIA'S SECOND LARGEST COAL MINER ADARO ENERGY HAS PRODUCED 51.46 MT IN 2015; 8% LOWER COMPARED TO FY14
 COALspot.com: Adaro Energy, the Indonesia’s second largest coal producer by volume has produced 51.46 Mt in 2015, 8% lower compared to FY14 and slightly below miner’s 52 Mt to 54 Mt production guidance in 2015, the company says, in its Fourth Quarter of 2015 Activities Report.
In the fourth quarter of 2015, according to the company’s fourth Q42015 activities report, the company produced 11.64 million tonnes, 19% lower compared to the same period in 2014.
The company further noted in the report that, the company has removed 53.56 million bank cubic meter (Mbcm) of overburden in the quarter, 31% lower than 4Q14.
The report says, the company has sold 11.91 Mt of coal in Q4’15, 19% lower compared to 4Q14. The sales of E4900 in 2015 increased by 11% compared to the year before, while E5000 and E4000 decreased by 22% and 62% respectively, compared to FY14.
The company, since the fourth quarter of 2015, started to sell a blend of Wara and Balangan product. The Wara Balangan blend improves the quality of Wara’s E4000 product and opens up market in the lower heat value coal category. According to the company, the blend of Wara and Balangan product has been well received by customers in China and India.
According to Indonesia’s second largest coal miner by volume, in spite of some supply response, mainly from Indonesia, it was not enough to restore balance in the market. The countries such as Australia, Russia and South Africa – which were benefitted from the depreciation of their respective currencies to US Dollar, continue to increase production in 2015. This coupled with macro uncertainty and slower demand growth from main coal-consuming countries has prolonged the oversupply.
The company also forecast that the world’s coal market to remain challenging in the near term, and the company to maintain flat production in 2016 of 52 Mt to 54 Mt. The company also expects the company’s coal cash cost to further decline in 2016 to US$26 a tone to US$28 a tonne as oil price continues to weaken and a lower blended average strip ratio of 4.71x.
“ We will continue to execute efficiency across the Group’s operations, improve productivity, preserve cash and implement prudent capital spending,” company says.
PT Adaro Indonesia (AI)
In 4Q15, AI produced 11.39 Mt and sold 11.30 Mt of Envirocoal, lower by 19% and 20% compared to 4Q14, respectively. The company also begins to sell a blend of E4000 and Balangan coal, and sold 0.25 Mt of this coal blend. AI’s total coal production in FY15 was 50.35 Mt, 9% lower compared to FY14.
During 4Q15, AI loaded 66% of its coal tonnage to vessels using floating cranes, 15% by self-geared vessels and 18% was barged directly to domestic customers, report says.
The company also claimed that, the company was continued to be a leading supplier to the domestic market and are committed to meeting Indonesia’s growing coal demand and the Domestic Market Obligation. The company’s domestic sales portion for the year (2015) was 22%.
According to report, AI has shipped 16% of its coal to China, 13% to India, 10% Japan, south Korea & Hong Kong 8% respectively, Malaysia and Spain 7% respectively and others 9% in 2015.
Adaro Energy is planning to produce 52 Mt to 54 Mt of coal and it is expecting to keep its coal cash cost between US$26 to US$28 per ton in 2016.
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Friday, 15 January 16
FOB INDONESIA COAL SWAPS FIRM SLIGHTLY LAST WEEK
COALspot.com: Indonesian coal swap delivery Q1 2016 declined month over month and week over week.
According to AsiaClear OTC coal swap's r ...
Friday, 15 January 16
SHIPPING: 2016 STARTED WITH MISERY ACROSS THE BOARD FOR SHIP OWNERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
As one would have expected, the dry bulk market starter the new year where it left off in 2015, plunging to never seen before depths, as the market ...
Friday, 15 January 16
U.S. WEEKLY COAL PRODUCTION ROSE ACROSS ALL BASINS: EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 13.4 million shor ...
Thursday, 14 January 16
FOB RICHARDS BAY COAL SWAP FOR Q3 DELIVERY CLOSED $5.90 LOWER THAN Q1 PRICE
COALspot.com: Q1’ 2016 API4 FOB Richards Bay Coal swap up month over month and week over week.
The Q1’ 2016 FOB Richards Bay Coal ...
Wednesday, 13 January 16
U.S. COAL PRODUCTION DECLINED BY 109 MMST IN 2015; COAL EXPORTS DECREASED 21% Y-O-Y
COALspot.com: U.S. coal production declined by 109 million short tons (MMst) (11%) in 2015, the largest decline ever recorded, says EIA.
The 2 ...
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- Central Java Power - Indonesia
- Grasim Industreis Ltd - India
- Kumho Petrochemical, South Korea
- Electricity Authority, New Zealand
- Iligan Light & Power Inc, Philippines
- Indonesian Coal Mining Association
- Banpu Public Company Limited - Thailand
- Coastal Gujarat Power Limited - India
- ASAPP Information Group - India
- MS Steel International - UAE
- Coalindo Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- IEA Clean Coal Centre - UK
- Alfred C Toepfer International GmbH - Germany
- Indo Tambangraya Megah - Indonesia
- Aditya Birla Group - India
- SMG Consultants - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Mines - Canada
- Directorate General of MIneral and Coal - Indonesia
- GVK Power & Infra Limited - India
- Sarangani Energy Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- London Commodity Brokers - England
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- San Jose City I Power Corp, Philippines
- SMC Global Power, Philippines
- Kartika Selabumi Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- CNBM International Corporation - China
- Tamil Nadu electricity Board
- Trasteel International SA, Italy
- Siam City Cement PLC, Thailand
- Gujarat Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Vizag Seaport Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Central Electricity Authority - India
- Orica Australia Pty. Ltd.
- McConnell Dowell - Australia
- Bharathi Cement Corporation - India
- Cement Manufacturers Association - India
- PNOC Exploration Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Essar Steel Hazira Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Metalloyd Limited - United Kingdom
- Price Waterhouse Coopers - Russia
- Bangladesh Power Developement Board
- Global Business Power Corporation, Philippines
- Commonwealth Bank - Australia
- PowerSource Philippines DevCo
- Sakthi Sugars Limited - India
- ICICI Bank Limited - India
- AsiaOL BioFuels Corp., Philippines
- Samtan Co., Ltd - South Korea
- Romanian Commodities Exchange
- SN Aboitiz Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- IHS Mccloskey Coal Group - USA
- Binh Thuan Hamico - Vietnam
- Energy Link Ltd, New Zealand
- Rashtriya Ispat Nigam Limited - India
- Chettinad Cement Corporation Ltd - India
- Marubeni Corporation - India
- The University of Queensland
- Global Green Power PLC Corporation, Philippines
- Interocean Group of Companies - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Videocon Industries ltd - India
- Carbofer General Trading SA - India
- Krishnapatnam Port Company Ltd. - India
- Parliament of New Zealand
- Singapore Mercantile Exchange
- Bukit Makmur.PT - Indonesia
- Africa Commodities Group - South Africa
- Holcim Trading Pte Ltd - Singapore
- Billiton Holdings Pty Ltd - Australia
- Goldman Sachs - Singapore
- Deloitte Consulting - India
- Baramulti Group, Indonesia
- Salva Resources Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Bukit Baiduri Energy - Indonesia
- Anglo American - United Kingdom
- European Bulk Services B.V. - Netherlands
- Kepco SPC Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- New Zealand Coal & Carbon
- Eastern Energy - Thailand
- Georgia Ports Authority, United States
- Neyveli Lignite Corporation Ltd, - India
- VISA Power Limited - India
- Ministry of Finance - Indonesia
- Maheswari Brothers Coal Limited - India
- Therma Luzon, Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Larsen & Toubro Limited - India
- Sinarmas Energy and Mining - Indonesia
- Electricity Generating Authority of Thailand
- Economic Council, Georgia
- Maharashtra Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Wilmar Investment Holdings
- TNB Fuel Sdn Bhd - Malaysia
- Globalindo Alam Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Ind-Barath Power Infra Limited - India
- CIMB Investment Bank - Malaysia
- Thai Mozambique Logistica
- Eastern Coal Council - USA
- Ceylon Electricity Board - Sri Lanka
- TeaM Sual Corporation - Philippines
- Planning Commission, India
- Edison Trading Spa - Italy
- Indian Oil Corporation Limited
- Mjunction Services Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tata Chemicals Ltd - India
- Makarim & Taira - Indonesia
- Star Paper Mills Limited - India
- Mintek Dendrill Indonesia
- South Luzon Thermal Energy Corporation
- Pendopo Energi Batubara - Indonesia
- Indika Energy - Indonesia
- Lanco Infratech Ltd - India
- Attock Cement Pakistan Limited
- Vijayanagar Sugar Pvt Ltd - India
- Wood Mackenzie - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Leighton Contractors Pty Ltd - Australia
- India Bulls Power Limited - India
- Indogreen Group - Indonesia
- The State Trading Corporation of India Ltd
- Heidelberg Cement - Germany
- Parry Sugars Refinery, India
- Chamber of Mines of South Africa
- Semirara Mining Corp, Philippines
- Bhoruka Overseas - Indonesia
- Australian Coal Association
- Antam Resourcindo - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Thiess Contractors Indonesia
- Ministry of Transport, Egypt
- Sical Logistics Limited - India
- Rio Tinto Coal - Australia
- Petron Corporation, Philippines
- Riau Bara Harum - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Xindia Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- GAC Shipping (India) Pvt Ltd
- OPG Power Generation Pvt Ltd - India
- Ambuja Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- GMR Energy Limited - India
- Agrawal Coal Company - India
- Gujarat Sidhee Cement - India
- Vedanta Resources Plc - India
- Borneo Indobara - Indonesia
- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- Posco Energy - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Sojitz Corporation - Japan
- Petrochimia International Co. Ltd.- Taiwan
- Standard Chartered Bank - UAE
- Barasentosa Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Straits Asia Resources Limited - Singapore
- Manunggal Multi Energi - Indonesia
- Malabar Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- Medco Energi Mining Internasional
- Uttam Galva Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Coal and Oil Company - UAE
- Oldendorff Carriers - Singapore
- Formosa Plastics Group - Taiwan
- Merrill Lynch Commodities Europe
- Bhatia International Limited - India
- Energy Development Corp, Philippines
- The Treasury - Australian Government
- White Energy Company Limited
- PTC India Limited - India
- Savvy Resources Ltd - HongKong
- Directorate Of Revenue Intelligence - India
- Madhucon Powers Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement - Thailand
- Minerals Council of Australia
- Kobexindo Tractors - Indoneisa
- Latin American Coal - Colombia
- Orica Mining Services - Indonesia
- Intertek Mineral Services - Indonesia
- Bulk Trading Sa - Switzerland
- Bhushan Steel Limited - India
- Mercator Lines Limited - India
- Dalmia Cement Bharat India
- Australian Commodity Traders Exchange
- Toyota Tsusho Corporation, Japan
- Bayan Resources Tbk. - Indonesia
- Global Coal Blending Company Limited - Australia
- Independent Power Producers Association of India
- Jaiprakash Power Ventures ltd
- Renaissance Capital - South Africa
- Indian Energy Exchange, India
- Miang Besar Coal Terminal - Indonesia
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