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Saturday, 23 May 09
INDONESIA'S COAL OUTPUT SLUMPS IN Q1 ON LOWER PRICES, FALLING DEMAND - THE JAKARTA GLOBE
 Falling international coal prices, bad weather and other problems cut first-quarter coal output by 50 percent to 30 million tons against an initial government target of 60 million tons, an Energy and Mineral Resources Ministry official said on Wednesday.
Bambang Gatot Arioyono, the director general of coal, mineral and geothermal energy, said big coal companies including PT Bumi Resources, Asia’s biggest coal exporter, as well as PT Adaro Energy, PT Berau Coal, PT Arutmin and PT Kaltim Prima Coal, had been hampered significantly. Many smaller companies, he said, have also been badly hit by the currently unfavorable market conditions.
“The current price must be affected by demand,” he said. “We are now urging producers to ramp up their production in the second quarter.”
Indonesia, the world’s second biggest coal exporter in 2007 after Australia, has been hit by falling export volumes and prices, and declining domestic demand, with the state electricity utility PLN predicting demand would fall by more than 10 percent as well, with its 10,000 megawatt generating-capacity expansion project well behind schedule.
"50 percent Jan-March collapse in production"
Although the government initially predicted that domestic consumption would rise by nearly 30 percent, from 52.57 million tons to 68.3 million, in March excess coal supply skyrocketed, with PLN reporting excess coal supplies at 50 days, more than double the usual 20-day supply. To read more The Jakarta Globe
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Thursday, 04 June 09
CHINA QINHUANGDAO COAL STOCK JUMPS BY 36.2% MOM - STEELGURU
SteelGuru reported that, Sources indicated that, coal stock at Qinhuangdao port, China's major coal port has reached 4.88 million tonnes increasing ...
Thursday, 04 June 09
ASIA COAL - PRICES RISE TO 31/2 MTH HIGH ON OIL, ECONOMY - INTERACTIVE INVESTOR
Interactive Investor reported that, Prices of power-station coal from Australia, a benchmark for Asia, rose to a three-and-a-half-month high of over ...
Thursday, 04 June 09
PTT: RESTRUCTURING BUSINESS, DIVERSIFYING INTO COAL - EASYBOURSE
Thailand's largest energy conglomerate, PTT PCL (PTT.TH), will diversify into coal as part of its business restructuring, Senior Executive Vice Pre ...
Thursday, 04 June 09
ADARO SECURES THREE NEW CONTRACTS, SAYS OUTLOOK POSITIVE - THE JAKARTA POST
Publicly listed PT Adaro Energy, the country's second largest coal miner, announced Wednesday it had secured three new coal contracts from buyers f ...
Wednesday, 03 June 09
XSTRATA, KOMIPO AGREE SOME '09 COAL TONNAGE AT $63/T- REUTERS
South Korean utility Korea Midland Power Co (KOMIPO) has agreed to buy part of its 2009 term contract tonnage from Xstrata's coal unit at about $63 ...
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- Samtan Co., Ltd - South Korea
- Timah Investasi Mineral - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Merrill Lynch Commodities Europe
- Tamil Nadu electricity Board
- Sical Logistics Limited - India
- Heidelberg Cement - Germany
- Port Waratah Coal Services - Australia
- Sarangani Energy Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Xindia Steels Limited - India
- Bhushan Steel Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Manunggal Multi Energi - Indonesia
- Indian Oil Corporation Limited
- Wood Mackenzie - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Energy - Thailand
- Thai Mozambique Logistica
- Therma Luzon, Inc, Philippines
- Tata Chemicals Ltd - India
- Dalmia Cement Bharat India
- Coal and Oil Company - UAE
- GN Power Mariveles Coal Plant, Philippines
- London Commodity Brokers - England
- Kohat Cement Company Ltd. - Pakistan
- Orica Australia Pty. Ltd.
- Star Paper Mills Limited - India
- The State Trading Corporation of India Ltd
- Ministry of Finance - Indonesia
- Jindal Steel & Power Ltd - India
- Intertek Mineral Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Agrawal Coal Company - India
- Renaissance Capital - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Africa Commodities Group - South Africa
- Coastal Gujarat Power Limited - India
- MS Steel International - UAE
- Makarim & Taira - Indonesia
- Georgia Ports Authority, United States
- Iligan Light & Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Straits Asia Resources Limited - Singapore
- Formosa Plastics Group - Taiwan
- San Jose City I Power Corp, Philippines
- Grasim Industreis Ltd - India
- Mercuria Energy - Indonesia
- Lanco Infratech Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- McConnell Dowell - Australia
- Indian Energy Exchange, India
- Edison Trading Spa - Italy
- Indo Tambangraya Megah - Indonesia
- Australian Coal Association
- Kapuas Tunggal Persada - Indonesia
- Kideco Jaya Agung - Indonesia
- Ambuja Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Electricity Authority - India
- Jaiprakash Power Ventures ltd
- Salva Resources Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Coalindo Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Bukit Makmur.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Parliament of New Zealand
- European Bulk Services B.V. - Netherlands
- Carbofer General Trading SA - India
- Mercator Lines Limited - India
- Vedanta Resources Plc - India
- Toyota Tsusho Corporation, Japan
- Deloitte Consulting - India
- Singapore Mercantile Exchange
- Marubeni Corporation - India
- Australian Commodity Traders Exchange
- Eastern Coal Council - USA
- Miang Besar Coal Terminal - Indonesia
- Sakthi Sugars Limited - India
- Cement Manufacturers Association - India
- Bukit Baiduri Energy - Indonesia
- Uttam Galva Steels Limited - India
- Siam City Cement - Thailand
- Siam City Cement PLC, Thailand
- Chettinad Cement Corporation Ltd - India
- GVK Power & Infra Limited - India
- Maheswari Brothers Coal Limited - India
- Madhucon Powers Ltd - India
- Bhatia International Limited - India
- Kartika Selabumi Mining - Indonesia
- GMR Energy Limited - India
- Meralco Power Generation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Bhoruka Overseas - Indonesia
- VISA Power Limited - India
- Bangladesh Power Developement Board
- Power Finance Corporation Ltd., India
- Baramulti Group, Indonesia
- Semirara Mining Corp, Philippines
- Videocon Industries ltd - India
- Global Coal Blending Company Limited - Australia
- LBH Netherlands Bv - Netherlands
- Ministry of Mines - Canada
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- SMC Global Power, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Indonesian Coal Mining Association
- SN Aboitiz Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Malabar Cements Ltd - India
- Aditya Birla Group - India
- ASAPP Information Group - India
- Parry Sugars Refinery, India
- Wilmar Investment Holdings
- OPG Power Generation Pvt Ltd - India
- ICICI Bank Limited - India
- PTC India Limited - India
- Bharathi Cement Corporation - India
- Energy Development Corp, Philippines
- Commonwealth Bank - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Altura Mining Limited, Indonesia
- South Luzon Thermal Energy Corporation
- Sojitz Corporation - Japan
- Anglo American - United Kingdom
- Larsen & Toubro Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Globalindo Alam Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- TeaM Sual Corporation - Philippines
- Minerals Council of Australia
- Latin American Coal - Colombia
- PowerSource Philippines DevCo
- Karaikal Port Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- India Bulls Power Limited - India
- Indika Energy - Indonesia
- Economic Council, Georgia
- Thiess Contractors Indonesia
- Orica Mining Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Indogreen Group - Indonesia
- Banpu Public Company Limited - Thailand
- Chamber of Mines of South Africa
- Cigading International Bulk Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Mjunction Services Limited - India
- Global Business Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- CNBM International Corporation - China
- Interocean Group of Companies - India
- Mintek Dendrill Indonesia
- White Energy Company Limited
- Simpson Spence & Young - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Meenaskhi Energy Private Limited - India
- SMG Consultants - Indonesia
- Planning Commission, India
- Sindya Power Generating Company Private Ltd
- Metalloyd Limited - United Kingdom
- New Zealand Coal & Carbon
- GAC Shipping (India) Pvt Ltd
- Energy Link Ltd, New Zealand
- IEA Clean Coal Centre - UK
- Standard Chartered Bank - UAE
- International Coal Ventures Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Kumho Petrochemical, South Korea
- Central Java Power - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Alfred C Toepfer International GmbH - Germany
- Global Green Power PLC Corporation, Philippines
- Posco Energy - South Korea
- Krishnapatnam Port Company Ltd. - India
- Directorate General of MIneral and Coal - Indonesia
- Independent Power Producers Association of India
- Medco Energi Mining Internasional
- Gujarat Sidhee Cement - India
- Savvy Resources Ltd - HongKong
- Rio Tinto Coal - Australia
- Petron Corporation, Philippines
- Electricity Generating Authority of Thailand
- Riau Bara Harum - Indonesia
- Ind-Barath Power Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Borneo Indobara - Indonesia
- Kobexindo Tractors - Indoneisa
- The University of Queensland
- Vizag Seaport Private Limited - India
- Goldman Sachs - Singapore
- The Treasury - Australian Government
- Bulk Trading Sa - Switzerland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Attock Cement Pakistan Limited
- PNOC Exploration Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Barasentosa Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Oldendorff Carriers - Singapore
- Binh Thuan Hamico - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Electricity Authority, New Zealand
- Trasteel International SA, Italy
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Transport, Egypt
- Romanian Commodities Exchange
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