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Friday, 15 January 10
INDONESIA COAL - HEAVY RAINS HAVE LITTLE IMPACT ON COAL OUTPUT
Coal shipments from Indonesia's main coal-producing area are unlikely to be hit by heavy rains during January-February as many miners are prepared for the wet weather, officials and traders said on Friday.
South and East Kalimantan provinces on the island of Borneo account for 90 percent of Indonesia's coal output, and output can sometimes be affected by heavy seasonal rains.
The Meteorology and Geophysics Agency said in its monthly rain report that most parts of South Kalimantan and some parts of East Kalimantan will have monthly rainfall of a moderate level of between 201-300 mm in January-February. Some areas of East Kalimantan will have lower rainfall of between 151-200 mm.
"Rainfall in Kalimantan will increase in January-February but the wet weather tends to be normal in patter," said Hendro Santoso, the head of climate information at the agency.
Weather in Indonesia had been benign for most of 2009 due to impact of El Nino. The El Nino weather pattern, driven by an abnormal warming of the eastern Pacific Ocean, can create havoc in weather conditions across the Asia-Pacific region.
The drier weather meant Indonesian coal producers were able to ramp up production in 2009, with output reaching 254 million tonnes -- topping the government's forecast of 230 million tonnes made in early 2009, and an increase of about 6 percent from 2008.
Heavy rains so far this year have had a minimum impact on mining operations and shipments in Kalimantan, although traders said rains had forced a few producers -- mostly small miners -- to slow down coal loading.
"We still experience heavy rains but we try to meet the shipment schedule by ensuring stockpiles with enough coal for all the incoming vessels," said a trader at one of Indonesia's top five coal producer.
"We experience wet weather every year, so preparation should have improved," the trader said, adding his firm also had temporary coal stocks which could be transported using smaller trucks via hauling roads suitable for any type of weather condition.
In 2008, heavy rains in Kalimantan forced some producers to delay shipments, including PT Bayan Resources Tbk, which declared force majeur at its Wahana coal mine.
Traders said no producers so far have declared force majeur on shipments because of the wet weather. Meanwhile, in the physical market, supply of high-quality coal remained tight as producers had contracted most of their production for the first quarter, traders said.
"It's very difficult to find coal with a heating value of above 6,000 kcal/kg air-dried basis (ADB) as most producers have secured supply contracts since November-December last year," the regional trader said.
Indonesian bituminous coal of 6,300 kcal/kg ADB was offered at between $63-$66 a tonne, FOB vessel basis this week, up from $62-$65 a tonne last week, traders said.
Source: Reuters / III
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Tuesday, 23 February 10
TRENDS..... DRY BULK MARKET .... TRENDS
The dry bulk market was pulled along by the Capes this week, as fresh enquiry breathed temporary life back into the market. Short period rates also ...
Tuesday, 23 February 10
UAE COMPANY TO ACQUIRE CONTROL OF ALLBOND MAKMUR
The Jakarta globe reported that, Renuka Energy Resources Holding, based in the United Arab Emirates, has signed an agreement to acquire 80 percent o ...
Tuesday, 23 February 10
CIL SHORTLISTS 24 FOREIGN COS FOR JV
India's Economic Times reported that, Coal India has shortlisted 24 foreign firms — six each from the US, Australia, South Africa and Indones ...
Saturday, 20 February 10
THE FREIGHT MARKET CONTINUED TO BE SOFT THIS WEEK - CAPT. REDDY
COALspot.com: The freight market continued to be soft this week as still affect of Chinese new year holidays continue. However the index overall had ...
Friday, 19 February 10
MAKING THE JOINT COOPERATION OF PRIVATE GOVERNMENT IN INDONESIA
COALspot.com - Press Release
1. Revision of the presidential decree 67/2005 has been signed by the President on January 28, 2010 with the public ...
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- Latin American Coal - Colombia
- Chamber of Mines of South Africa
- Miang Besar Coal Terminal - Indonesia
- Carbofer General Trading SA - India
- CIMB Investment Bank - Malaysia
- Posco Energy - South Korea
- Sakthi Sugars Limited - India
- Sojitz Corporation - Japan
- Indo Tambangraya Megah - Indonesia
- GMR Energy Limited - India
- Ministry of Transport, Egypt
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Mineral Development Corp Ltd - India
- Orica Mining Services - Indonesia
- Videocon Industries ltd - India
- Therma Luzon, Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Riau Bara Harum - Indonesia
- Coastal Gujarat Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- IEA Clean Coal Centre - UK
- Bangladesh Power Developement Board
- Billiton Holdings Pty Ltd - Australia
- Tata Chemicals Ltd - India
- London Commodity Brokers - England
- Power Finance Corporation Ltd., India
- Merrill Lynch Commodities Europe
- Borneo Indobara - Indonesia
- Economic Council, Georgia
- Goldman Sachs - Singapore
- Petron Corporation, Philippines
- Star Paper Mills Limited - India
- PTC India Limited - India
- Central Electricity Authority - India
- Orica Australia Pty. Ltd.
- Commonwealth Bank - Australia
- Agrawal Coal Company - India
- Lanco Infratech Ltd - India
- The University of Queensland
- Meralco Power Generation, Philippines
- Edison Trading Spa - Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- SN Aboitiz Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ASAPP Information Group - India
- Eastern Energy - Thailand
- Rio Tinto Coal - Australia
- Cement Manufacturers Association - India
- Wilmar Investment Holdings
- Trasteel International SA, Italy
- Kepco SPC Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Kumho Petrochemical, South Korea
- Bhatia International Limited - India
- Bukit Makmur.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Bukit Baiduri Energy - Indonesia
- Thiess Contractors Indonesia
- Ind-Barath Power Infra Limited - India
- Attock Cement Pakistan Limited
- Siam City Cement - Thailand
- International Coal Ventures Pvt Ltd - India
- Africa Commodities Group - South Africa
- Ministry of Mines - Canada
- Antam Resourcindo - Indonesia
- Independent Power Producers Association of India
- Sinarmas Energy and Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Uttam Galva Steels Limited - India
- Toyota Tsusho Corporation, Japan
- The State Trading Corporation of India Ltd
- Anglo American - United Kingdom
- CNBM International Corporation - China
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indogreen Group - Indonesia
- Barasentosa Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- GN Power Mariveles Coal Plant, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Intertek Mineral Services - Indonesia
- Jaiprakash Power Ventures ltd
- Energy Development Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Metalloyd Limited - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Vijayanagar Sugar Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- PowerSource Philippines DevCo
- Petrochimia International Co. Ltd.- Taiwan
- Bhushan Steel Limited - India
- Interocean Group of Companies - India
- Renaissance Capital - South Africa
- Aditya Birla Group - India
- Electricity Generating Authority of Thailand
- Rashtriya Ispat Nigam Limited - India
- Savvy Resources Ltd - HongKong
- Directorate Of Revenue Intelligence - India
- Kideco Jaya Agung - Indonesia
- Indian Energy Exchange, India
- Bharathi Cement Corporation - India
- Iligan Light & Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jindal Steel & Power Ltd - India
- Alfred C Toepfer International GmbH - Germany
- OPG Power Generation Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Medco Energi Mining Internasional
- Mercuria Energy - Indonesia
- Deloitte Consulting - India
- Kalimantan Lumbung Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Krishnapatnam Port Company Ltd. - India
- MS Steel International - UAE
- Australian Commodity Traders Exchange
- Directorate General of MIneral and Coal - Indonesia
- Salva Resources Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Sidhee Cement - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- GAC Shipping (India) Pvt Ltd
- GVK Power & Infra Limited - India
- Port Waratah Coal Services - Australia
- Price Waterhouse Coopers - Russia
- Planning Commission, India
- Mjunction Services Limited - India
- Electricity Authority, New Zealand
- India Bulls Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Minerals Council of Australia
- Cigading International Bulk Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Wood Mackenzie - Singapore
- Eastern Coal Council - USA
- Singapore Mercantile Exchange
- Malabar Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Globalindo Alam Lestari - Indonesia
- Standard Chartered Bank - UAE
- SMC Global Power, Philippines
- Global Green Power PLC Corporation, Philippines
- Mintek Dendrill Indonesia
- McConnell Dowell - Australia
- Ceylon Electricity Board - Sri Lanka
- Parliament of New Zealand
- Global Business Power Corporation, Philippines
- Coal and Oil Company - UAE
- Kartika Selabumi Mining - Indonesia
- Simpson Spence & Young - Indonesia
- South Luzon Thermal Energy Corporation
- Sarangani Energy Corporation, Philippines
- Parry Sugars Refinery, India
- Straits Asia Resources Limited - Singapore
- Energy Link Ltd, New Zealand
- VISA Power Limited - India
- Romanian Commodities Exchange
- TeaM Sual Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Indonesian Coal Mining Association
- Madhucon Powers Ltd - India
- Maheswari Brothers Coal Limited - India
- Altura Mining Limited, Indonesia
- Oldendorff Carriers - Singapore
- San Jose City I Power Corp, Philippines
- Heidelberg Cement - Germany
- Marubeni Corporation - India
- Banpu Public Company Limited - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement PLC, Thailand
- Mercator Lines Limited - India
- Coalindo Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Indian Oil Corporation Limited
- Kapuas Tunggal Persada - Indonesia
- SMG Consultants - Indonesia
- Baramulti Group, Indonesia
- Meenaskhi Energy Private Limited - India
- White Energy Company Limited
- Holcim Trading Pte Ltd - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Xindia Steels Limited - India
- Ambuja Cements Ltd - India
- The Treasury - Australian Government
- Dalmia Cement Bharat India
- Grasim Industreis Ltd - India
- IHS Mccloskey Coal Group - USA
- Sical Logistics Limited - India
- New Zealand Coal & Carbon
- Manunggal Multi Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- ICICI Bank Limited - India
- Ministry of Finance - Indonesia
- Pendopo Energi Batubara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Tamil Nadu electricity Board
- Sindya Power Generating Company Private Ltd
- European Bulk Services B.V. - Netherlands
- Larsen & Toubro Limited - India
- Indika Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Semirara Mining Corp, Philippines
- Thai Mozambique Logistica
- Samtan Co., Ltd - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Central Java Power - Indonesia
- Australian Coal Association
- Chettinad Cement Corporation Ltd - India
- Formosa Plastics Group - Taiwan
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