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Saturday, 14 November 09
CHINA HAS BEEN THE LARGEST SINGLE BUYER OF INDONESIAN COAL IN OCTOBER, TAKING 24.37% OF TOTAL EXPORT QUANTITY OF 22.637 MILLION TONS


COALspot.com (Indonesia): China has been the largest single buyer of Indonesian coal in October 2009, taking 24.37% of  total export quantity of 22.637 million tons by Indonesian producers.

India become second largest importer (3.040 million ton)  of Indonesian coal in October and South Korea become third largest importer (2.987 million tons). India was a largest importer of Indoensian coal in September 2009.

Cambodia has been the smallest buyer of Indoensian coal in October 2009 by importing only 8000 MT. The first top 7 importers of Indoensian coal ( >1 million ton) in October were China, India, South Korea, Japan, Taiwan, Malaysia and Thailand.

The largest single exporter of Indonesian coal in October was PT. Adaro Indonesia ( 3.410 million tons) and followed by PT. Kaltim Prima Coal (3.356 Million tons).

97 coal producing / trading companies were involved in export of total 22.637 million ton of Indonesian coal in October. 

A coal trader based in Jakarta said that "Indian & Chinese demand for Indonesian material is still very strong and imports could go even higher in the coming months." However he added that, "although the demand was high for Indonesian coal, the low calorific value, higher total moisture coal prices were falling drastically"

Calorific value  of 5300 - 5100 (gad) and TM 38 - 40% (arb) coal being offered below US$ 28/ MT FOB vessel South Kalimantan. But very less transactions taken place.

"Pakistan buyers are looking for coal with higher GCV coal ( 6500 GAD) and 12% TM for delivery in  January - February 2010" said another supplier, who used to supply coal to Pakistan.

Another source related to East Kalimantan based small scale mining companies, said, “ due to non availability of buyers with the workable or attrative price for low GCV coal, some of small scale miners have suspended operation and waiting for better pricing conditions to re start their production.

Total 36 Indonesian companies were exported coal to India and 56 companies exported to China in October. Indonesia has exported 172.665 million tons coal till end of October 2009



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