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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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Tuesday, 13 July 10
FURTHER LOSSES FOR BALTIC DRY INDEX ON HIGH VESSEL SUPPLY
The dry bulk market can’t catch a breath, as it has now entered the 7th straight week of losses. The industry’s benchmark, the Baltic Dr ...
Sunday, 11 July 10
OVERALL NO OR NEGLIGIBLE IMPACT IN ARUTMIN MINE - BUMI
COALspot.com: Bumi denies the media reports on an impact of unusually rains on coal production in BUMI mines.
"Arutmin is being impacted by ...
Saturday, 10 July 10
FREIGHT MARKET SITUATION MAY CONTINUE FOR NEXT COUPLE OF WEEKS - VISTAAR
COALspot.com: The market continued to soften further with the cape and panamax index down by about 20 pct and closed at 2,102 and 1,944 points respe ...
Saturday, 10 July 10
STC OF INDIA TO ASSOCIATE WITH FUEL SUPPLIERS
COALspot.com: State Trading corporation of India, which is under Ministry of Commerce, has invited Expression of Interest from coal suppliers ...
Saturday, 10 July 10
SCOMI TO SELL STAKE IN INDONESIA OPS - THE STAR
The star online reported that, Scomi Marine Bhd will sell a stake in its marine logistics business in Indonesia to a large Indonesian company to dea ...
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- San Jose City I Power Corp, Philippines
- Energy Development Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Energy Exchange, India
- Sojitz Corporation - Japan
- Kalimantan Lumbung Energi - Indonesia
- Minerals Council of Australia
- Indonesian Coal Mining Association
- Commonwealth Bank - Australia
- Videocon Industries ltd - India
- Electricity Authority, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Heidelberg Cement - Germany
- Asmin Koalindo Tuhup - Indonesia
- Coastal Gujarat Power Limited - India
- Bukit Makmur.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Romanian Commodities Exchange
- Vedanta Resources Plc - India
- Port Waratah Coal Services - Australia
- Aboitiz Power Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Sical Logistics Limited - India
- CIMB Investment Bank - Malaysia
- Savvy Resources Ltd - HongKong
- Agrawal Coal Company - India
- Global Business Power Corporation, Philippines
- Anglo American - United Kingdom
- Latin American Coal - Colombia
- The State Trading Corporation of India Ltd
- GN Power Mariveles Coal Plant, Philippines
- Deloitte Consulting - India
- Ministry of Mines - Canada
- International Coal Ventures Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Oldendorff Carriers - Singapore
- Planning Commission, India
- Australian Coal Association
- Kaltim Prima Coal - Indonesia
- Australian Commodity Traders Exchange
- SMG Consultants - Indonesia
- GAC Shipping (India) Pvt Ltd
- Manunggal Multi Energi - Indonesia
- Dalmia Cement Bharat India
- Parliament of New Zealand
- Ind-Barath Power Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Interocean Group of Companies - India
- Holcim Trading Pte Ltd - Singapore
- Intertek Mineral Services - Indonesia
- Jaiprakash Power Ventures ltd
- India Bulls Power Limited - India
- Attock Cement Pakistan Limited
- Maharashtra Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Maheswari Brothers Coal Limited - India
- Jindal Steel & Power Ltd - India
- Baramulti Group, Indonesia
- Bayan Resources Tbk. - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Independent Power Producers Association of India
- Gujarat Sidhee Cement - India
- Miang Besar Coal Terminal - Indonesia
- Medco Energi Mining Internasional
- Xindia Steels Limited - India
- Cement Manufacturers Association - India
- Jorong Barutama Greston.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Standard Chartered Bank - UAE
- Price Waterhouse Coopers - Russia
- Billiton Holdings Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Altura Mining Limited, Indonesia
- Thiess Contractors Indonesia
- Ministry of Transport, Egypt
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- Electricity Generating Authority of Thailand
- Economic Council, Georgia
- Metalloyd Limited - United Kingdom
- Mjunction Services Limited - India
- Ambuja Cements Ltd - India
- Indogreen Group - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining Corp, Philippines
- Sakthi Sugars Limited - India
- PTC India Limited - India
- Sinarmas Energy and Mining - Indonesia
- Madhucon Powers Ltd - India
- TeaM Sual Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Singapore Mercantile Exchange
- Uttam Galva Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Kartika Selabumi Mining - Indonesia
- Tamil Nadu electricity Board
- McConnell Dowell - Australia
- Riau Bara Harum - Indonesia
- White Energy Company Limited
- Indo Tambangraya Megah - Indonesia
- Wilmar Investment Holdings
- Straits Asia Resources Limited - Singapore
- SMC Global Power, Philippines
- Sree Jayajothi Cements Limited - India
- Mintek Dendrill Indonesia
- Iligan Light & Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Borneo Indobara - Indonesia
- The University of Queensland
- Vizag Seaport Private Limited - India
- Mercuria Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Georgia Ports Authority, United States
- Siam City Cement - Thailand
- Essar Steel Hazira Ltd - India
- GMR Energy Limited - India
- Toyota Tsusho Corporation, Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IHS Mccloskey Coal Group - USA
- Samtan Co., Ltd - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Globalindo Alam Lestari - Indonesia
- Antam Resourcindo - Indonesia
- Carbofer General Trading SA - India
- Parry Sugars Refinery, India
- The Treasury - Australian Government
- Sindya Power Generating Company Private Ltd
- Edison Trading Spa - Italy
- PowerSource Philippines DevCo
- Mercator Lines Limited - India
- Chamber of Mines of South Africa
- PNOC Exploration Corporation - Philippines
- Star Paper Mills Limited - India
- Simpson Spence & Young - Indonesia
- New Zealand Coal & Carbon
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Link Ltd, New Zealand
- Kepco SPC Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- London Commodity Brokers - England
- Pendopo Energi Batubara - Indonesia
- Trasteel International SA, Italy
- Siam City Cement PLC, Thailand
- Petron Corporation, Philippines
- Africa Commodities Group - South Africa
- Orica Mining Services - Indonesia
- Banpu Public Company Limited - Thailand
- Bhushan Steel Limited - India
- Kideco Jaya Agung - Indonesia
- ICICI Bank Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Malabar Cements Ltd - India
- MS Steel International - UAE
- Indika Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- CNBM International Corporation - China
- Merrill Lynch Commodities Europe
- Bharathi Cement Corporation - India
- Central Electricity Authority - India
- SN Aboitiz Power Inc, Philippines
- Tata Chemicals Ltd - India
- Kumho Petrochemical, South Korea
- Renaissance Capital - South Africa
- Central Java Power - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bhatia International Limited - India
- Bhoruka Overseas - Indonesia
- Aditya Birla Group - India
- Directorate General of MIneral and Coal - Indonesia
- Bangladesh Power Developement Board
- Global Green Power PLC Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Goldman Sachs - Singapore
- Coal and Oil Company - UAE
- Salva Resources Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Coalindo Energy - Indonesia
- Thai Mozambique Logistica
- Barasentosa Lestari - Indonesia
- OPG Power Generation Pvt Ltd - India
- GVK Power & Infra Limited - India
- Eastern Energy - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Marubeni Corporation - India
- Bulk Trading Sa - Switzerland
- Makarim & Taira - Indonesia
- Chettinad Cement Corporation Ltd - India
- VISA Power Limited - India
- Posco Energy - South Korea
- Krishnapatnam Port Company Ltd. - India
- Kohat Cement Company Ltd. - Pakistan
- Eastern Coal Council - USA
- IEA Clean Coal Centre - UK
- Orica Australia Pty. Ltd.
- Lanco Infratech Ltd - India
- LBH Netherlands Bv - Netherlands
- Rio Tinto Coal - Australia
- Meenaskhi Energy Private Limited - India
- Indian Oil Corporation Limited
- Wood Mackenzie - Singapore
- Grasim Industreis Ltd - India
- ASAPP Information Group - India
- Bukit Baiduri Energy - Indonesia
- Therma Luzon, Inc, Philippines
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