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Thursday, 14 May 09
INDONESIA 2009 COAL OUTPUT REVISED DOWN - REUTERS
 * Indonesia coal output seen at 240 million tonnes in 2009
* Coal exports down 11.2 pct to 44.79 mln tonnes in Q1 2009
* Production down 1.4 pct to 58.074 mln tonnes in Q1 2009
* Coal prices seen between $65-$70 until year end
Indonesia's coal output this year may be about 9 percent lower than initially expected due to the global crisis, a top industry official said on Thursday, although Chinese and Indian demand should lift exports in the second half.
Indonesia, the world's top thermal coal exporter, is expected to produce about 240 million tonnes of coal this year, slightly up from 238 million tonnes last year, but down on a forecast of 265 million tonnes early this year, said Bob Kamandanu, head of the Indonesia Coal Association.
Coal production in the first quarter fell 1.39 percent to 58.07 million tonnes, compared to 58.90 million tonnes in the same period of 2008.
"There were no cancellation from buyers, but they reduced the shipment volumes," Kamandanu, the association's newly-elected chairman, said in an interview.
"With the situation, production is most likely to hit 240 million tonnes. If demand improves in the second half, it could be much higher but it will not reach 265 million," he said.
Indonesia exported 44.79 million tonnes of coal in the first quarter, down 11.2 percent from 50.49 million tonnes in the January-March period last year, Kamandanu said.
Coal is the cheapest source of thermal energy used in the industrial sector, with the cement and steel industry among the largest buyers.
But demand has stuttered as the downturn has forced factories from Europe to China to halt production as exports slump.
However, Indonesia's overall coal exports for 2009 should still top the 206 million tonnes shipped in 2008 as coal demand was expected to recover in the second half helped by Chinese and Indian demand, Kamandanu said.
"We see demand from China is picking up and there's more demand from India. I see there will be improvement in the second semester," he said.
Asian coal prices have recovered from a near 6-month low of $58 a tonne in February to hover above $60 in the past two months aided by Chinese demand for coal from Australia and Indonesia.
India's demand for coal is growing by around 8-9 percent a year, outpacing production that is growing by 6 percent as the power sector has not been hit by the credit crunch.
Kamandanu said coal prices were likely to hover between $65-$70 until the end of the year.
"I don't think there will be a significant jump in prices like last year. Players learned a lesson from last year," he said.
Coal prices have fallen from a record peak of $201 a tonne hit in July last year. Thermal coal prices at the globalCOAL Newcastle weekly index stood at $63.46 a tonne late Wednesday.
Despite lower exports in the first quarter, domestic coal demand jumped nearly 60 percent to 13.28 million tonnes, from 8.39 million tonnes in the same period as many domestic users had locked in contracts early this year.
"Last year, their stockpiles were nearly empty because rains disrupted production and shipments. So this year, they lock in contracts earlier to avoid that problem," he said.
The association said it planned, by targeting smaller firms, to expand its membership to 100 coal firms from 54 now to boost marketing of Indonesian coal.
Source: http://money.ninemsn.com.au/article.aspx?id=813959
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Wednesday, 27 May 09
NEWCASTLE PORT'S WEEKLY COAL EXPORTS INCREASE 3.6% - BLOOMBERG
Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, rose 3.6 percent last week while the num ...
Wednesday, 27 May 09
EUROPEAN COAL PRICES FOR 2010 SETTLEMENT DROP TO 11-DAY LOW - BLOOMBERG
Benchmark European coal derivatives declined to an 11-day low as oil prices slumped.
Coal for delivery to Amsterdam, Rotterdam or Antwerp with se ...
Tuesday, 26 May 09
NEW MINING PERMITS TO BE OBTAINABLE WITHIN TWO WEEKS' TIME - MAJALAHTAMBANG
The Indonesian government is currently formulating a procedure for companies willing to obtain mining permits (IUP in its Indonesian abbreviation). ...
Tuesday, 26 May 09
KADIN CALLS FOR BIGGER RECOGNITION OF MINING SECTOR - MAJALAHTAMBANG
The Indonesian Chamber of Commerce and Industry (KADIN Indonesia) had called other sectors, particularly the forestry and the land administration se ...
Tuesday, 26 May 09
TUTICORIN PORT TO INVEST RS 700CR FOR COAL HANDLING FACILITIES
Business Standard reported that, The Tuticorin Port will develop coal handling facilities for state-run Neyveli Lignite Corporation (NLC) and Coasta ...
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- Cigading International Bulk Terminal - Indonesia
- Marubeni Corporation - India
- Renaissance Capital - South Africa
- Antam Resourcindo - Indonesia
- GVK Power & Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Rio Tinto Coal - Australia
- Minerals Council of Australia
- Deloitte Consulting - India
- Indian Oil Corporation Limited
- Sindya Power Generating Company Private Ltd
- Agrawal Coal Company - India
- Altura Mining Limited, Indonesia
- Independent Power Producers Association of India
- Leighton Contractors Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Sical Logistics Limited - India
- Binh Thuan Hamico - Vietnam
- Baramulti Group, Indonesia
- Global Green Power PLC Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- White Energy Company Limited
- Intertek Mineral Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Energy Development Corp, Philippines
- India Bulls Power Limited - India
- Siam City Cement - Thailand
- Formosa Plastics Group - Taiwan
- Planning Commission, India
- SN Aboitiz Power Inc, Philippines
- Anglo American - United Kingdom
- The Treasury - Australian Government
- Goldman Sachs - Singapore
- Sarangani Energy Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- San Jose City I Power Corp, Philippines
- Vizag Seaport Private Limited - India
- Coal and Oil Company - UAE
- Mercuria Energy - Indonesia
- Coastal Gujarat Power Limited - India
- TeaM Sual Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kepco SPC Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Banpu Public Company Limited - Thailand
- Directorate Of Revenue Intelligence - India
- ICICI Bank Limited - India
- CIMB Investment Bank - Malaysia
- Salva Resources Pvt Ltd - India
- Malabar Cements Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- IEA Clean Coal Centre - UK
- Chettinad Cement Corporation Ltd - India
- Parliament of New Zealand
- Iligan Light & Power Inc, Philippines
- Ambuja Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Trasteel International SA, Italy
- Miang Besar Coal Terminal - Indonesia
- Videocon Industries ltd - India
- Georgia Ports Authority, United States
- Maheswari Brothers Coal Limited - India
- Bukit Makmur.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Globalindo Alam Lestari - Indonesia
- Latin American Coal - Colombia
- CNBM International Corporation - China
- Bahari Cakrawala Sebuku - Indonesia
- Mintek Dendrill Indonesia
- Chamber of Mines of South Africa
- Semirara Mining Corp, Philippines
- MS Steel International - UAE
- London Commodity Brokers - England
- Uttam Galva Steels Limited - India
- VISA Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wood Mackenzie - Singapore
- Mjunction Services Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tamil Nadu electricity Board
- Eastern Coal Council - USA
- Port Waratah Coal Services - Australia
- Ministry of Transport, Egypt
- European Bulk Services B.V. - Netherlands
- Global Business Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- AsiaOL BioFuels Corp., Philippines
- PNOC Exploration Corporation - Philippines
- Tata Chemicals Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Xindia Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Singapore Mercantile Exchange
- Madhucon Powers Ltd - India
- Kartika Selabumi Mining - Indonesia
- Attock Cement Pakistan Limited
- Samtan Co., Ltd - South Korea
- Metalloyd Limited - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- Interocean Group of Companies - India
- Central Electricity Authority - India
- Ministry of Finance - Indonesia
- Bhushan Steel Limited - India
- Australian Coal Association
- Billiton Holdings Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Orica Mining Services - Indonesia
- Cement Manufacturers Association - India
- Heidelberg Cement - Germany
- Aditya Birla Group - India
- Riau Bara Harum - Indonesia
- Mercator Lines Limited - India
- Sinarmas Energy and Mining - Indonesia
- Indogreen Group - Indonesia
- Medco Energi Mining Internasional
- OPG Power Generation Pvt Ltd - India
- Central Java Power - Indonesia
- Bangladesh Power Developement Board
- Kumho Petrochemical, South Korea
- Romanian Commodities Exchange
- Indian Energy Exchange, India
- GAC Shipping (India) Pvt Ltd
- Dalmia Cement Bharat India
- Thai Mozambique Logistica
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMC Global Power, Philippines
- Edison Trading Spa - Italy
- Ind-Barath Power Infra Limited - India
- The State Trading Corporation of India Ltd
- Power Finance Corporation Ltd., India
- Bhatia International Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining and Power Corporation, Philippines
- Vedanta Resources Plc - India
- Meralco Power Generation, Philippines
- Standard Chartered Bank - UAE
- New Zealand Coal & Carbon
- Karaikal Port Pvt Ltd - India
- Parry Sugars Refinery, India
- South Luzon Thermal Energy Corporation
- Siam City Cement PLC, Thailand
- Posco Energy - South Korea
- Commonwealth Bank - Australia
- SMG Consultants - Indonesia
- Economic Council, Georgia
- Carbofer General Trading SA - India
- Meenaskhi Energy Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Oldendorff Carriers - Singapore
- Aboitiz Power Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Sojitz Corporation - Japan
- Borneo Indobara - Indonesia
- IHS Mccloskey Coal Group - USA
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Mines - Canada
- PTC India Limited - India
- Electricity Authority, New Zealand
- Kideco Jaya Agung - Indonesia
- Coalindo Energy - Indonesia
- Eastern Energy - Thailand
- Straits Asia Resources Limited - Singapore
- Jindal Steel & Power Ltd - India
- ASAPP Information Group - India
- Indika Energy - Indonesia
- Lanco Infratech Ltd - India
- Makarim & Taira - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Price Waterhouse Coopers - Russia
- Bharathi Cement Corporation - India
- Timah Investasi Mineral - Indoneisa
- Savvy Resources Ltd - HongKong
- Energy Link Ltd, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Orica Australia Pty. Ltd.
- Kalimantan Lumbung Energi - Indonesia
- Indonesian Coal Mining Association
- Kapuas Tunggal Persada - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Essar Steel Hazira Ltd - India
- Larsen & Toubro Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Sakthi Sugars Limited - India
- GMR Energy Limited - India
- Jaiprakash Power Ventures ltd
- Grasim Industreis Ltd - India
- Bhoruka Overseas - Indonesia
- Therma Luzon, Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- LBH Netherlands Bv - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PowerSource Philippines DevCo
- Kobexindo Tractors - Indoneisa
- Barasentosa Lestari - Indonesia
- Merrill Lynch Commodities Europe
- Africa Commodities Group - South Africa
- Holcim Trading Pte Ltd - Singapore
- Wilmar Investment Holdings
- Simpson Spence & Young - Indonesia
- McConnell Dowell - Australia
- Thiess Contractors Indonesia
- Maharashtra Electricity Regulatory Commission - India
- The University of Queensland
- Bulk Trading Sa - Switzerland
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