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Wednesday, 24 February 10
CHINA IMPORTED 8.81 MLN TONS OF INDONESIAN COAL IN JANUARY 2010


COALspot.com: Indonesia, the world largest coal exporter, exported 24.38 million tons of coal last month, compared with 27.46 million tons in a “smoother” December 2009. January coal exports down by 11.21% compared with December 2009 exports.

Top coal exporter
PT. Kaltim Prima Coal, Indonesia's one of largest thermal coal producer was top coal exporter in January 2010. According to our sources, around 21 percent of total exported Indonesian coal in January, was exported through Bumi Resources, the parent company of PT. Kaltim Prima, PT. Arutmin Indonesia  and PT. Fajar Bumi Sakti.

Adaro Indonesia become second largest coal exporter and  Kideco Jaya Agung, Arutmin Indonesia and Banpu Indonesia were third, fourth and fifth largest exporters of Indonesian coal in January.

Country
MLN Ton
 
China
8.81
 
South Korea
3.38
 
India
3.28
 
Japan
2.59
 
Taiwan
2.07
 
Malaysia
0.98
 
Thailand
0.94
 
Philippines
0.44
 
Italy
0.43
 
Hong Kong
0.32
 
Source: Various Sources
 

China is still No.1
China was a largest importer of Indonesian coal in January 2010. China’s Indonesian coal imports increased by 872,000 MT in January 2010. China has imported 8.81 MLN tons coal in January 2010 compared to  8.72 MLN tons in December 2009. China's coal-hungry power plants have turned to Indonesia to import coal and the import trend will be expected to continue. Chinese power plants along the coast were forced to increase imported coal from Indonesia, Australia and even from South Africa as high winter demand and limited production due to harsh winter weather.

Indian lost its no.2 position
India become third largest importer of Indonesian coal in January 2010 first time since September 2009. South Korea replaced India and becoming  second largest importer of Indonesian coal in January. India imported around 3.28 MLN tons of Indonesian coal where’s South Korea imported about 3.38 MLN ton.

Loading delays
Significant number of vessels were delayed in south and east Kalimantan anchorage points in January  to load coal as small to medium-sized miners fail, to fulfill their commitments due to either over commitment or non availability of barge loading port to fill transshipment barges. The market players and independent surveyors were saying that, there were considerable delays in performing coal loading  since December 2009.

"We still experience delays in coal loading to our nominated vessels, but we try to meet the shipment schedule with our buyers by ensuring entering coal purchase agreements with good performing coal suppliers" said a coal trader.

DMO Obligation
Recently Indonesian Government has issued Ministerial regulation which requires coal to set aside a certain amount of their production for domestic needs. The percentage of DMO obligation will be calculated based on total domestic consumption of coal, divided by the total production of coal. The obligation does not apply to domestic coal / mineral traders. However the domestic traders may require to hold valid mineral / coal trading licenses (i.e. the IUPOP for transportation and sales.

“Once DMO is implemented then, export of Indonesian  coal might be reduced to fulfill domestic requirement, which may lead increase of Indonesian coal price.(cs)

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, without guarantee. While every care has been taken to ensure the accuracy of information furnished in this article. COALspot.com shall be obliged if errors / omissions are brought to its notice for carrying out corrections in the next update.



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