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Tuesday, 25 May 10
BUMPER YEAR PREDICTED FOR INDONESIAN COAL - THE JAKARTA GLOBE
.jpg) The Jakarta globe reported that, In The country’s coal output may reach 320 million tons this year, up from 300 million tons in 2009, as producers look to take advantage of higher prices, the Indonesian Coal Producers Association said on Monday.
“Coal demand remains bullish this year, mainly from China and India,” said Bob Kamandanu, chairman of the association, known as APBI.
Increased production has mainly been driven by higher coal prices — currently around $104-105 a ton, compared to a $70 a ton average price last year.
However, favorable weather conditions have also played a part with El Nino bringing drier than normal weather, which is more suitable for mining.
APBI said Indonesia produced 59 million tons of coal in January and February, without giving a comparison for the same period last year. It said production may exceed its 320 million ton estimate.
“Actually, the output may reach 380 million tons, but still we have to consider bad weather that may occur in December,” Kamandanu said.
Local demand for coal should be around 60 million tons this year with the remainder destined for export, he said.
Indonesia is the world’s largest exporter of thermal coal, used in power stations, and electricity-hungry China is its biggest market.
Chinese demand for thermal coal will be strong this year due to low rainfall cutting hydroelectric power production and poor transportation links between Chinese coal-producing areas in the northwest and the major power stations in the southeast, said ANZ Bank in a research note on Monday.
Exports from Vietnam are expected to drop, which will result in the Chinese importing more coal from Indonesia and Australia, the note said.
Indonesia’s major coal producers are all forecast to produce more coal this year, APBI said.
PT Adaro Energy and PT Kaltim Prima Coal should each produce an extra four million tons, PT Berau Coal an extra three million tons and PT Arutmin Indonesia an extra two million tons, the association said
Meanwhile, the government is predicting coal output of 250 million tons this year. The reason for the discrepancy with the APBI estimate is that government figures do not include production from small-scale and illegal coal miners.
According to government figures, Indonesia produced 254 million tons in 2009.
“We won’t include the output from small concessions as there is no guarantee of their output,” said Bambang Gatot Ariyono, director of coal and minerals at the Energy Ministry.
Source: The Jakarta Globe (By-Reva Sasistiya & Bloomberg)
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Saturday, 25 September 10
INDONESIA HAS EXPORTED 187.656 MILLION TONNES OF COAL IN EIGHT MONTHS
COALspot.com: Indonesia, the world largest coal exporter has exported 187.656 million tons of coal for the period January – August this ...
Saturday, 25 September 10
PRESSURE ON S6 AND S7 ROUTES SEEMS TO BE CONTINUED NEXT WEEK CAPT. REDDY
COALspot.com: The freight market has been flat this week due to holidays in China and low activity saw all sectors down and soft.
The BDI was dow ...
Thursday, 23 September 10
CHURCHILL MINING SHARES JUMP ON EAST KUTAI COAL PROJECT FEASIBILITY RESULTS - STOCKOPEDIA
AIM listed mining group Churchill Mining (LON:CHL) and its Indonesian partners the Ridlatama Group, have completed a feasibility study on the 2.73bn ...
Thursday, 23 September 10
DRY BULK RATES EXPECTEDLY FALL TO ONE MONTH LOWS - HELLENIC SHIPPING
With of the Far East trade routes closed this week on various national holidays, demand for ocean transportation of raw materials has been significa ...
Wednesday, 22 September 10
INDIA TO BE BIGGEST BUYER OF INDONESIAN COAL BY 2011 - BUSINESS STANDARD
India will pass Japan to be the biggest buyer of Indonesian coal by 2011, said Bob Kamandanu, chairman of the Indonesian Coal Mining Association.
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- Bulk Trading Sa - Switzerland
- Standard Chartered Bank - UAE
- Indika Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- The University of Queensland
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- Jindal Steel & Power Ltd - India
- Borneo Indobara - Indonesia
- Banpu Public Company Limited - Thailand
- Chamber of Mines of South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Petron Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Salva Resources Pvt Ltd - India
- Thai Mozambique Logistica
- PNOC Exploration Corporation - Philippines
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- GMR Energy Limited - India
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- Medco Energi Mining Internasional
- Meralco Power Generation, Philippines
- PTC India Limited - India
- Savvy Resources Ltd - HongKong
- Deloitte Consulting - India
- Holcim Trading Pte Ltd - Singapore
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- Sakthi Sugars Limited - India
- McConnell Dowell - Australia
- Xindia Steels Limited - India
- Toyota Tsusho Corporation, Japan
- Trasteel International SA, Italy
- Eastern Coal Council - USA
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- Madhucon Powers Ltd - India
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- Bukit Makmur.PT - Indonesia
- Attock Cement Pakistan Limited
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- Anglo American - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Binh Thuan Hamico - Vietnam
- Aditya Birla Group - India
- Ministry of Transport, Egypt
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- GVK Power & Infra Limited - India
- Iligan Light & Power Inc, Philippines
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- Wood Mackenzie - Singapore
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- Economic Council, Georgia
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- Merrill Lynch Commodities Europe
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- Karbindo Abesyapradhi - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Tamil Nadu electricity Board
- Asmin Koalindo Tuhup - Indonesia
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- Cigading International Bulk Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
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- Electricity Authority, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Planning Commission, India
- London Commodity Brokers - England
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- Siam City Cement PLC, Thailand
- Intertek Mineral Services - Indonesia
- Parliament of New Zealand
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- Bukit Baiduri Energy - Indonesia
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- Alfred C Toepfer International GmbH - Germany
- CIMB Investment Bank - Malaysia
- Bangladesh Power Developement Board
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- Lanco Infratech Ltd - India
- Bayan Resources Tbk. - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Pendopo Energi Batubara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Coalindo Energy - Indonesia
- White Energy Company Limited
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- IEA Clean Coal Centre - UK
- Minerals Council of Australia
- ASAPP Information Group - India
- Latin American Coal - Colombia
- Marubeni Corporation - India
- Parry Sugars Refinery, India
- Makarim & Taira - Indonesia
- Indogreen Group - Indonesia
- Timah Investasi Mineral - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Energy Development Corp, Philippines
- Sojitz Corporation - Japan
- PetroVietnam Power Coal Import and Supply Company
- Romanian Commodities Exchange
- Posco Energy - South Korea
- Price Waterhouse Coopers - Russia
- Heidelberg Cement - Germany
- Mjunction Services Limited - India
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- Essar Steel Hazira Ltd - India
- SMG Consultants - Indonesia
- Ambuja Cements Ltd - India
- Ministry of Mines - Canada
- Kideco Jaya Agung - Indonesia
- Carbofer General Trading SA - India
- Oldendorff Carriers - Singapore
- Indian Oil Corporation Limited
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- Energy Link Ltd, New Zealand
- Orica Australia Pty. Ltd.
- Sree Jayajothi Cements Limited - India
- Thiess Contractors Indonesia
- CNBM International Corporation - China
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- Ind-Barath Power Infra Limited - India
- Bharathi Cement Corporation - India
- Barasentosa Lestari - Indonesia
- Edison Trading Spa - Italy
- TNB Fuel Sdn Bhd - Malaysia
- Therma Luzon, Inc, Philippines
- Coal and Oil Company - UAE
- The Treasury - Australian Government
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- Power Finance Corporation Ltd., India
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- Commonwealth Bank - Australia
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- Africa Commodities Group - South Africa
- Samtan Co., Ltd - South Korea
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- OPG Power Generation Pvt Ltd - India
- Central Java Power - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- New Zealand Coal & Carbon
- Indo Tambangraya Megah - Indonesia
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- India Bulls Power Limited - India
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- Port Waratah Coal Services - Australia
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- Singapore Mercantile Exchange
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- LBH Netherlands Bv - Netherlands
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- Pipit Mutiara Jaya. PT, Indonesia
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