COALspot.com keeps you connected across the coal world
  • THE MEoMR OF INDONESIA HAS REVISED DOWN DECEMBER 2018 COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS EXCEPT POWER PRODUCERS TO US$ 92.51 A TON
  • SHARE YOUR CORPORATE COAL & SHIPPING NEWS WITH US - NEWS@COALSPOT.COM

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


WTI Crude Oil

BRENT Crude Oil

Search News
Latest CoalNews Headlines
Tuesday, 31 July 18
INDONESIA UNLIKELY TO CHANGE COAL SUPPLY, PRICING RULES UNTIL 2019 - REUTERS
ReutersIndonesia is unlikely to change its rules on domestic coal supply and pricing until 2019, Coordinating Maritime Minister Luhut Pandjaitan said on Monday, amid government talks on how Southeast Asia’s biggest economy can increase export revenues.
 
Pandjaitan was referring to proposed revisions to rules introduced in March requiring Indonesian coal miners to sell 25 percent of their thermal coal output to domestic buyers, with a price capped at $70 per tonne for coal sold to state electricity utility Perusahaan Listrik Negara (PLN).
 
“Even if this happens it will probably be next year at the earliest we can do it,” he said.
 
Any revisions would need to be discussed with the coal and power industry beforehand, and any impacts on state revenue would need to be calculated, Pandjaitan said.
 
The government is looking at revising domestic coal supply and pricing rules “to see how much money (Indonesia) can get from here,” he said, referring to government efforts to increase export revenue.
 
Indonesia is the world’s top exporter of thermal coal, and its economy has benefited from rising demand and prices for the dirty fuel - which hit $104.65 a tonne in July - their highest level since May 2012.
 
The proposed changes are part of Indonesia’s efforts to increase these benefits, to reduce the country’s current account deficit amid the threat of a global trade war that could further weaken the rupiah, one of the worst performing currencies in emerging Asia having lost 6 percent this year.
 
The cap on domestic thermal coal prices was introduced to shield PLN from price fluctuations.
 
Indonesia did not want to control the market or dent PLN’s revenues with the proposed revisions, Pandjaitan said, without providing further detail on what form any new rules would take.
 
Rosan Roeslani, chairman of Indonesia’s Chamber of Commerce and Industry (KADIN), said the government was considering a possible revision of the price cap.
 
The 25 percent quota could also be “adjusted to meet domestic demand,” said Roeslani, who attended a meeting with Pandjaitan along with mining ministry and state electricity utility (PLN) officials on Monday to discuss the coal rules.
 
Roeslani was referring to coal grades that do not meet PLN’s requirements.
 
Coal with energy levels above 4,500 kilocalories per kilogram (kcal/kg) or below 4,000 kcal/kg could potentially be exported because it wasn’t needed by PLN, he said.
 
Discussions, though, were “still in very early stages,” Roeslani said, and another meeting is planned for this week to discuss the matter further. 
Source: Reuters


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 05 December 18
SHIPPING MARKET INSIGHT - GIANNIS ANDRITSOPOULOS
Is the rise in crude carrier rates driven only by seasonality, or is the recent positive reversal signaling the end of challenging days for the mar ...


Monday, 03 December 18
WCA'S ENGAGEMENT AT COP24 IN KATOWICE - WCA
The 24th Conference of the Parties (COP) to the UN Framework Convention on Climate Change (UNFCCC) will take place from the 2-14 December 2018 in K ...


Monday, 03 December 18
SUPRAMAX: FIXED DELIVERY KALIMANTAN TO WEST COAST INDIA, AT $11000 - THE BALTIC BRIEFING
Capesize A roller-coaster week for the big ships with hopes soaring at the start for a mini last quarter revival, only to be dashed as the week ...


Sunday, 02 December 18
TRADE WAR LEADING TO HEADWINDS FOR THE FRAGILE DRY BULK RECOVERY - PETER SAND, BIMCO
The first twelve weeks of the 2018/19 marketing year, which started on 1 September 2018, have painted a dire picture for US soya bean exports which ...


Friday, 30 November 18
GOVT MULLS REQUIRING MINERS TO TURN COAL INTO GAS - THE JAKARTA POST
The government is considering requiring all coal miners to turn the raw commodity into dimethylether (DME) as a substitute for liquefied petroleum ...


   1 2 3 4 5   
Showing 6 to 10 news of total 5332
News by Category
Popular News
 
Total Members : 25,664
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Edison Trading Spa - Italy
  • Holcim Trading Pte Ltd - Singapore
  • Australian Commodity Traders Exchange
  • Barclays Capital - USA
  • Interocean Group of Companies - India
  • Riau Bara Harum - Indonesia
  • Asia Cement - Taiwan
  • KPCL - India
  • Cardiff University - UK
  • Glencore India Pvt. Ltd
  • Freeport Indonesia
  • Infraline Energy - India
  • LBH Netherlands Bv - Netherlands
  • ANZ Bank - Australia
  • Gujarat Mineral Development Corp Ltd - India
  • Videocon Industries ltd - India
  • Asian Development Bank
  • Thai Mozambique Logistica
  • Maruti Cements - India
  • GAC Shipping (India) Pvt Ltd
  • Billiton Holdings Pty Ltd - Australia
  • Fearnleys - India
  • Lafarge - France
  • International Coal Ventures Pvt Ltd - India
  • Kalimantan Lumbung Energi - Indonesia
  • Mercuria Energy - Indonesia
  • Peabody Energy - USA
  • Moodys - Singapore
  • The State Trading Corporation of India Ltd
  • TNPL - India
  • RBS Sempra - UK
  • Thriveni
  • Adani Power Ltd - India
  • Wilmar Investment Holdings
  • Deloitte Consulting - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Port Waratah Coal Services - Australia
  • Independent Power Producers Association of India
  • Tamil Nadu electricity Board
  • SASOL - South Africa
  • CNBM International Corporation - China
  • Straits Asia Resources Limited - Singapore
  • Thiess Contractors Indonesia
  • Australian Coal Association
  • ING Bank NV - Singapore
  • Credit Suisse - India
  • Intertek Mineral Services - Indonesia
  • Bukit Makmur.PT - Indonesia
  • Bank of China, Malaysia
  • Petrosea - Indonesia
  • Bhoruka Overseas - Indonesia
  • Platts
  • Oldendorff Carriers - Singapore
  • Berau Coal - Indonesia
  • Vijayanagar Sugar Pvt Ltd - India
  • Indo Tambangraya Megah - Indonesia
  • Latin American Coal - Colombia
  • JPower - Japan
  • Gresik Semen - Indonesia
  • Vale Mozambique
  • PetroVietnam Power Coal Import and Supply Company
  • Coal and Oil Company - UAE
  • Reliance Power - India
  • Romanian Commodities Exchange
  • Kartika Selabumi Mining - Indonesia
  • BNP Paribas - Singapore
  • Minerals Council of Australia
  • Altura Mining Limited, Indonesia
  • Price Waterhouse Coopers - Russia
  • U S Energy Resources
  • Attock Cement Pakistan Limited
  • Aboitiz Power Corporation - Philippines
  • Central Electricity Authority - India
  • DBS Bank - Singapore
  • White Energy Company Limited
  • Eastern Energy - Thailand
  • Mitra SK Pvt Ltd - India
  • Thermax Limited - India
  • KOWEPO - South Korea
  • UOB Asia (HK) Ltd
  • GB Group - China
  • Maybank - Singapore
  • EMO - The Netherlands
  • Pendopo Energi Batubara - Indonesia
  • PLN - Indonesia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Humpuss - Indonesia
  • Kobe Steel Ltd - Japan
  • Sucofindo - Indonesia
  • Directorate Of Revenue Intelligence - India
  • Mercator Lines Limited - India
  • Argus Media - Singapore
  • Maheswari Brothers Coal Limited - India
  • Indian Oil Corporation Limited
  • Ernst & Young Pvt. Ltd.
  • Planning Commission, India
  • Runge Indonesia
  • Africa Commodities Group - South Africa
  • IEA Clean Coal Centre - UK
  • European Bulk Services B.V. - Netherlands
  • APGENCO India
  • Mintek Dendrill Indonesia
  • CESC Limited - India
  • CIMB Investment Bank - Malaysia
  • GMR Energy Limited - India
  • Jorong Barutama Greston.PT - Indonesia
  • Posco Energy - South Korea
  • PLN Batubara - Indonesia
  • Ceylon Electricity Board - Sri Lanka
  • IBC Asia (S) Pte Ltd
  • Salva Resources Pvt Ltd - India
  • Permata Bank - Indonesia
  • Commonwealth Bank - Australia
  • Tata Chemicals Ltd - India
  • Bahari Cakrawala Sebuku - Indonesia
  • Shree Cement - India
  • Formosa Plastics Group - Taiwan
  • Orica Australia Pty. Ltd.
  • Goldman Sachs - Singapore
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Energy Link Ltd, New Zealand
  • Panama Canal Authority
  • KPMG - USA
  • Japan Coal Energy Center
  • ASAPP Information Group - India
  • Antam Resourcindo - Indonesia
  • Sakthi Sugars Limited - India
  • Indonesia Power. PT
  • Rudhra Energy - India
  • Savvy Resources Ltd - HongKong
  • Global Coal Blending Company Limited - Australia
  • Indian School of Mines
  • Vizag Seaport Private Limited - India
  • J M Baxi & Co - India
  • Medco Energi Mining Internasional
  • Ince & co LLP
  • TeaM Sual Corporation - Philippines
  • Essar Steel Hazira Ltd - India
  • Kaltim Prima Coal - Indonesia
  • Ministry of Mines - Canada
  • Petrochimia International Co. Ltd.- Taiwan
  • GHCL Limited - India
  • MS Steel International - UAE
  • Economic Council, Georgia
  • PowerSource Philippines DevCo
  • Bharathi Cement Corporation - India
  • Coal Orbis AG
  • GVK Power & Infra Limited - India
  • Timah Investasi Mineral - Indoneisa
  • Ind-Barath Power Infra Limited - India
  • Sindya Power Generating Company Private Ltd
  • Cement Manufacturers Association - India
  • Kobexindo Tractors - Indoneisa
  • Qatrana Cement - Jordan
  • South Luzon Thermal Energy Corporation
  • Karaikal Port Pvt Ltd - India
  • KEPCO - South Korea
  • Bayan Resources Tbk. - Indonesia
  • Georgia Ports Authority, United States
  • Siam City Cement PLC, Thailand
  • NALCO India
  • ACC Limited - India
  • Idemitsu - Japan
  • Platou - Singapore
  • Britmindo - Indonesia
  • London Commodity Brokers - England
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • VISA Power Limited - India
  • BRS Brokers - Singapore
  • Singapore Mercantile Exchange
  • Uttam Galva Steels Limited - India
  • Neyveli Lignite Corporation Ltd, - India
  • Karbindo Abesyapradhi - Indoneisa
  • Leighton Contractors Pty Ltd - Australia
  • Orica Mining Services - Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Trasteel International SA, Italy
  • Pinang Coal Indonesia
  • Makarim & Taira - Indonesia
  • Jatenergy - Australia
  • World Coal - UK
  • McKinsey & Co - India
  • Coalindo Energy - Indonesia
  • EIA - United States
  • NTPC Limited - India
  • Bulk Trading Sa - Switzerland
  • Merrill Lynch Commodities Europe
  • Metalloyd Limited - United Kingdom
  • McConnell Dowell - Australia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Agrawal Coal Company - India
  • Miang Besar Coal Terminal - Indonesia
  • OPG Power Generation Pvt Ltd - India
  • IOL Indonesia
  • Meenaskhi Energy Private Limited - India
  • Manunggal Multi Energi - Indonesia
  • Kideco Jaya Agung - Indonesia
  • Marubeni Corporation - India
  • New Zealand Coal & Carbon
  • Bank of America
  • Alfred C Toepfer International GmbH - Germany
  • JPMorgan - India
  • MEC Coal - Indonesia
  • Malco - India
  • SRK Consulting
  • Indogreen Group - Indonesia
  • Coal India Limited
  • Russian Coal LLC
  • Jindal Steel & Power Ltd - India
  • Arch Coal - USA
  • Coastal Gujarat Power Limited - India
  • Globalindo Alam Lestari - Indonesia
  • Directorate General of MIneral and Coal - Indonesia
  • Electricity Generating Authority of Thailand
  • Aditya Birla Group - India
  • HSBC - Hong Kong
  • Coeclerici Indonesia
  • Toyota Tsusho Corporation, Japan
  • GNFC Limited - India
  • Noble Europe Ltd - UK
  • Tanito Harum - Indonesia
  • Gujarat Electricity Regulatory Commission - India
  • Enel Italy
  • Cargill India Pvt Ltd
  • Mitsubishi Corporation
  • Sojitz Corporation - Japan
  • Tata Power - India
  • Dalmia Cement Bharat India
  • Bangladesh Power Developement Board
  • Bhatia International Limited - India
  • Asmin Koalindo Tuhup - Indonesia
  • Geoservices-GeoAssay Lab
  • CCIC - Indonesia
  • Kumho Petrochemical, South Korea
  • Heidelberg Cement - Germany
  • Renaissance Capital - South Africa
  • Indorama - Singapore
  • Eastern Coal Council - USA
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Kohat Cement Company Ltd. - Pakistan
  • Sical Logistics Limited - India
  • Indika Energy - Indonesia
  • IMC Shipping - Singapore
  • Core Mineral Indonesia
  • Bhushan Steel Limited - India
  • Thomson Reuters GRC
  • UBS Singapore
  • Parliament of New Zealand
  • Indonesian Coal Mining Association
  • Barasentosa Lestari - Indonesia
  • Gupta Coal India Ltd
  • Banpu Public Company Limited - Thailand
  • OCBC - Singapore
  • Total Coal South Africa
  • bp singapore
  • Arutmin Indonesia
  • PTC India Limited - India
  • Mechel - Russia
  • PNOC Exploration Corporation - Philippines
  • Chettinad Cement Corporation Ltd - India
  • Samsung - South Korea
  • ETA - Dubai
  • Gujarat Sidhee Cement - India
  • IHS Mccloskey Coal Group - USA
  • Cemex - Philippines
  • Parry Sugars Refinery, India
  • Cosco
  • Simpson Spence & Young - Indonesia
  • Deutsche Bank - India
  • TANGEDCO India
  • Star Paper Mills Limited - India
  • CoalTek, United States
  • Clarksons - UK
  • Wood Mackenzie - Singapore
  • Lanco Infratech Ltd - India
  • SMG Consultants - Indonesia
  • The Treasury - Australian Government
  • Sinarmas Energy and Mining - Indonesia
  • Power Finance Corporation Ltd., India
  • Grasim Industreis Ltd - India
  • Borneo Indobara - Indonesia
  • PetroVietnam
  • Ministry of Transport, Egypt
  • Krishnapatnam Port Company Ltd. - India
  • Madhucon Powers Ltd - India
  • Malabar Cements Ltd - India
  • World Bank
  • Binh Thuan Hamico - Vietnam
  • Thailand Anthracite
  • Anglo American - United Kingdom
  • Mjunction Services Limited - India
  • Carbofer General Trading SA - India
  • The University of Queensland
  • Surastha Cement
  • Bangkok Bank PCL
  • Inco-Indonesia
  • The India Cements Ltd
  • Rio Tinto Coal - Australia
  • Xstrata Coal
  • SUEK AG - Indonesia
  • WorleyParsons
  • Samtan Co., Ltd - South Korea
  • TNB Fuel Sdn Bhd - Malaysia
  • Shenhua Group - China
  • ICICI Bank Limited - India
  • Larsen & Toubro Limited - India
  • Chamber of Mines of South Africa
  • Merrill Lynch Bank
  • Xindia Steels Limited - India
  • Coaltrans Conferences
  • Vitol - Bahrain
  • Jaiprakash Power Ventures ltd
  • Vedanta Resources Plc - India
  • Cigading International Bulk Terminal - Indonesia
  • Sree Jayajothi Cements Limited - India
  • Central Java Power - Indonesia
  • SGS (Thailand) Limited
  • Ambuja Cements Ltd - India
  • Kapuas Tunggal Persada - Indonesia
  • Inspectorate - India
  • Maersk Broker
  • Siam City Cement - Thailand
  • Mitsui
  • India Bulls Power Limited - India
  • Standard Chartered Bank - UAE
  • Bukit Baiduri Energy - Indonesia
  • globalCOAL - UK
  • Maharashtra Electricity Regulatory Commission - India
  • Adaro Indonesia
  • Rashtriya Ispat Nigam Limited - India
  • Ministry of Finance - Indonesia