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Tuesday, 25 May 10
BUMPER YEAR PREDICTED FOR INDONESIAN COAL - THE JAKARTA GLOBE
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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Wednesday, 15 September 10
VIETNAM TO IMPORT UP TO 15 MLN TONS COAL/YR BY 2015 - VIETNAM BUSINESS
Vietnam Business reported that, Vietnam will need to import 3 million to 15 million tons of coal a year by 2015, rising to 21 million to 40 million ...
Tuesday, 14 September 10
MID HIGH TEENS FROM WCI, AND HIGH TEENS FROM ECI TO CHINA - BRS
A fairly flat market for the dry bulk segments this week, although the Panamaxes jumped on the back of strong grain exports in the Atlantic. It ...
Tuesday, 14 September 10
HIGH CHARTERING ACTIVITY NEEDS TO KEEP UP FOR DRY BULK RATES TO REMAIN HIGH
Last week’s increase of spot chartering activity pushed dry bulk freight rates to new highs, after a less than lackluster summer. As a result, ...
Monday, 13 September 10
GLENCORE BUYS STAKE IN MINER BUMI
The Jakarta globe reported that, Switzerland-based Glencore International, the world’s largest commodities trader, has quietly acquired a $200 ...
Monday, 13 September 10
IT'S JAI INDONESIA FOR OUR POWER FIRMS
Indian power producers have been compelled to look abroad for fuel to run upcoming facilities, as domestic generation is unlikely to be able to meet ...
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- Sical Logistics Limited - India
- International Coal Ventures Pvt Ltd - India
- Australian Coal Association
- Parliament of New Zealand
- Wilmar Investment Holdings
- Global Green Power PLC Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indonesian Coal Mining Association
- MS Steel International - UAE
- Banpu Public Company Limited - Thailand
- Coalindo Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Baramulti Group, Indonesia
- Minerals Council of Australia
- Meenaskhi Energy Private Limited - India
- Oldendorff Carriers - Singapore
- Anglo American - United Kingdom
- Romanian Commodities Exchange
- India Bulls Power Limited - India
- Indian Oil Corporation Limited
- Agrawal Coal Company - India
- Straits Asia Resources Limited - Singapore
- Planning Commission, India
- Pipit Mutiara Jaya. PT, Indonesia
- Latin American Coal - Colombia
- Mintek Dendrill Indonesia
- Bayan Resources Tbk. - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- SMC Global Power, Philippines
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- Cement Manufacturers Association - India
- Madhucon Powers Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- AsiaOL BioFuels Corp., Philippines
- Alfred C Toepfer International GmbH - Germany
- Makarim & Taira - Indonesia
- Bhoruka Overseas - Indonesia
- Energy Development Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Pendopo Energi Batubara - Indonesia
- Indika Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Commonwealth Bank - Australia
- Vedanta Resources Plc - India
- Xindia Steels Limited - India
- Eastern Energy - Thailand
- Thai Mozambique Logistica
- Ministry of Finance - Indonesia
- Therma Luzon, Inc, Philippines
- Petron Corporation, Philippines
- TeaM Sual Corporation - Philippines
- The Treasury - Australian Government
- Grasim Industreis Ltd - India
- IHS Mccloskey Coal Group - USA
- Holcim Trading Pte Ltd - Singapore
- PowerSource Philippines DevCo
- Leighton Contractors Pty Ltd - Australia
- Tamil Nadu electricity Board
- Heidelberg Cement - Germany
- New Zealand Coal & Carbon
- Petrochimia International Co. Ltd.- Taiwan
- Ambuja Cements Ltd - India
- Gujarat Sidhee Cement - India
- Sarangani Energy Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Thiess Contractors Indonesia
- Semirara Mining and Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Indian Energy Exchange, India
- Coastal Gujarat Power Limited - India
- Riau Bara Harum - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sakthi Sugars Limited - India
- Rashtriya Ispat Nigam Limited - India
- Renaissance Capital - South Africa
- Siam City Cement - Thailand
- Aditya Birla Group - India
- San Jose City I Power Corp, Philippines
- Posco Energy - South Korea
- Tata Chemicals Ltd - India
- Bharathi Cement Corporation - India
- Maheswari Brothers Coal Limited - India
- Borneo Indobara - Indonesia
- Merrill Lynch Commodities Europe
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Power Finance Corporation Ltd., India
- Lanco Infratech Ltd - India
- Bhushan Steel Limited - India
- Binh Thuan Hamico - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Africa Commodities Group - South Africa
- Standard Chartered Bank - UAE
- ICICI Bank Limited - India
- PetroVietnam Power Coal Import and Supply Company
- VISA Power Limited - India
- GVK Power & Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Independent Power Producers Association of India
- Miang Besar Coal Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Jaiprakash Power Ventures ltd
- SMG Consultants - Indonesia
- Singapore Mercantile Exchange
- Electricity Authority, New Zealand
- Eastern Coal Council - USA
- Altura Mining Limited, Indonesia
- Dalmia Cement Bharat India
- Carbofer General Trading SA - India
- Kalimantan Lumbung Energi - Indonesia
- Mercuria Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Coal and Oil Company - UAE
- Kapuas Tunggal Persada - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Maharashtra Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- LBH Netherlands Bv - Netherlands
- Kumho Petrochemical, South Korea
- Economic Council, Georgia
- Goldman Sachs - Singapore
- Ind-Barath Power Infra Limited - India
- Port Waratah Coal Services - Australia
- GMR Energy Limited - India
- Attock Cement Pakistan Limited
- Gujarat Mineral Development Corp Ltd - India
- Kaltim Prima Coal - Indonesia
- Interocean Group of Companies - India
- OPG Power Generation Pvt Ltd - India
- CNBM International Corporation - China
- Chamber of Mines of South Africa
- Bukit Makmur.PT - Indonesia
- Bangladesh Power Developement Board
- GAC Shipping (India) Pvt Ltd
- Kobexindo Tractors - Indoneisa
- Central Java Power - Indonesia
- Mjunction Services Limited - India
- Rio Tinto Coal - Australia
- Meralco Power Generation, Philippines
- Manunggal Multi Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Edison Trading Spa - Italy
- Kepco SPC Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- CIMB Investment Bank - Malaysia
- Salva Resources Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Medco Energi Mining Internasional
- Global Coal Blending Company Limited - Australia
- Indogreen Group - Indonesia
- Mercator Lines Limited - India
- London Commodity Brokers - England
- Vizag Seaport Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Ministry of Transport, Egypt
- Sojitz Corporation - Japan
- White Energy Company Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Marubeni Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- Uttam Galva Steels Limited - India
- Deloitte Consulting - India
- Malabar Cements Ltd - India
- Energy Link Ltd, New Zealand
- Karaikal Port Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Global Business Power Corporation, Philippines
- PTC India Limited - India
- Savvy Resources Ltd - HongKong
- McConnell Dowell - Australia
- ASAPP Information Group - India
- Videocon Industries ltd - India
- Indo Tambangraya Megah - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Essar Steel Hazira Ltd - India
- Orica Mining Services - Indonesia
- Central Electricity Authority - India
- The University of Queensland
- Bhatia International Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TNB Fuel Sdn Bhd - Malaysia
- IEA Clean Coal Centre - UK
- Kideco Jaya Agung - Indonesia
- PNOC Exploration Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Star Paper Mills Limited - India
- Trasteel International SA, Italy
- Simpson Spence & Young - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Georgia Ports Authority, United States
- Orica Australia Pty. Ltd.
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Directorate Of Revenue Intelligence - India
- Bahari Cakrawala Sebuku - Indonesia
- Metalloyd Limited - United Kingdom
- Ministry of Mines - Canada
- Billiton Holdings Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Krishnapatnam Port Company Ltd. - India
- Antam Resourcindo - Indonesia
- Semirara Mining Corp, Philippines
- Electricity Generating Authority of Thailand
- Intertek Mineral Services - Indonesia
- Wood Mackenzie - Singapore
- Parry Sugars Refinery, India
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