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Tuesday, 15 March 11
COAL PRODUCTION FORECAST TO SURGE ON RISING PRICES - THE JAKARTA GLOBE
 The Jakarta Globe reported that, Indonesia’s coal production is forecast to increase by 20 percent this year as coal prices continue to rise, according to the Indonesian Coal Mining Association.
Supriatna Suhala, executive director of the association, also known as the APBI, said the country’s coal production may reach 360 million tons this year, 6 percent more than the association’s original target of 340 million tons.
The country’s coal miners produced 300 million tons of coal last year, less than their original target of 320 million tons.
Unseasonably heavy rains generated by the La Nina climate phenomeon were widely blamed for disrupting all areas of mining, including coal and tin, two of Indonesia’s top exports.
“Coal prices keep increasing. This triggers coal miners to boost their production,” Suhala said on Monday. The association’s coal production target differs from that of the government, which set projected coal production at 275 million tons.
As of Friday, coal prices stood at $129.6 per ton, up slightly from the previous week’s price of $129.48 per ton, according to the Australian Newcastle Thermal Coal Index, which serves as a benchmark for Asia.
Suhala said coal prices would remain steady above $120 per ton this year. “As long as the economic condition keeps getting better, coal prices will keep steady at those levels,” he said.
He also said he expected demand for exports to grow, with demand from India and China projected to increase 15 percent as their economies grow at an 8 percent clip.
In light of Japan’s devastating earthquake and tsunami on Friday and the subsequent power shortages, Suhala said coal exports to Japan would increase as five nuclear power plants have been shut down following the disaster. Indonesia exports 45 million tons of coal to Japan annually, making it the top destination for Indonesian coal.
As of the first quarter this year, Suhala said, Indonesian coal miners produced an anticipated 80 million tons of coal, or around 22 percent of the total target of 360 million tons this year.
La Nina is not expected to affect coal production targets this year, he continued. “Weather is no longer a problem this year,” Suhala said.
Berau Coal, one of the country’s biggest coal miners, said coal production in the first quarter should remain on target for 5 million tons, according to Singgih Widagdo, a spokesman for Berau Coal.
“We are expecting to produce 20 million tons for the whole year,” Singgih told reporters on Monday. The company’s production so far is 12.5 percent of last year’s 17.5 million tons, he said.
Indonesia is home to several coal miners, including Bumi Resources, the world leader in thermal coal exports.
Source: The Jakarta Globe (By:Ririn Radiawati Kusuma)
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Monday, 20 June 11
KPCL SETS ALL INDIA & POSSIBLY A WORLD RECORD FOR COAL DISCHARGING
COALspot.com - Krishnapatnam Port has set an all India record for discharging 95,528 tons of steam coal in just 24 hrs using the conventional unload ...
Monday, 20 June 11
5TH ASIA PACIFIC COAL TRADING & INVESTMENT OUTLOOK 2011 IS ON THE WAY
Press Release - Since the beginning of 2011, international commodity price has been in a high level, resulting in “TENSION” of energy co ...
Sunday, 19 June 11
S6 AND S7 ROUTES LIKELY TO BE SOFT NEXT WEEK - VISTAAR
COALspot.com - The freight market seemed to be stabilizing and the BDI and Cape index was up marginally and closed at 1,423 points and 1,824 points ...
Sunday, 19 June 11
BUMI 1Q NET PROFIT INCREASES 16.5 PERCENT
PT Bumi Resources Tbk (BUMI), Indonesia's largest coal exporter that is 25% owned by London-listed Vallar Plc, reported a16.49% increase in net pro ...
Friday, 17 June 11
DRY BULK BREATHES SIGH OF RELEAF ON RENEWED CAPESIZE DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has caught a sign of relief from the middle of the week onwards, as the BDI (Baltic Dry Index) increased once again yesterday, t ...
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- Mercuria Energy - Indonesia
- White Energy Company Limited
- Energy Development Corp, Philippines
- Grasim Industreis Ltd - India
- Bhoruka Overseas - Indonesia
- Port Waratah Coal Services - Australia
- Miang Besar Coal Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Standard Chartered Bank - UAE
- GAC Shipping (India) Pvt Ltd
- LBH Netherlands Bv - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Coal and Oil Company - UAE
- Petron Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Global Business Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- Tamil Nadu electricity Board
- Global Green Power PLC Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Formosa Plastics Group - Taiwan
- Sojitz Corporation - Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- VISA Power Limited - India
- Bulk Trading Sa - Switzerland
- Banpu Public Company Limited - Thailand
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
- Thiess Contractors Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Kohat Cement Company Ltd. - Pakistan
- Independent Power Producers Association of India
- SMG Consultants - Indonesia
- Attock Cement Pakistan Limited
- India Bulls Power Limited - India
- Coalindo Energy - Indonesia
- Minerals Council of Australia
- Ministry of Transport, Egypt
- Mercator Lines Limited - India
- PNOC Exploration Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Holcim Trading Pte Ltd - Singapore
- Goldman Sachs - Singapore
- Sical Logistics Limited - India
- Aditya Birla Group - India
- Kepco SPC Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Semirara Mining and Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Ambuja Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- South Luzon Thermal Energy Corporation
- Bharathi Cement Corporation - India
- Marubeni Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- IHS Mccloskey Coal Group - USA
- Australian Coal Association
- Posco Energy - South Korea
- PTC India Limited - India
- Interocean Group of Companies - India
- Power Finance Corporation Ltd., India
- Maheswari Brothers Coal Limited - India
- Wilmar Investment Holdings
- Cement Manufacturers Association - India
- Global Coal Blending Company Limited - Australia
- Leighton Contractors Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Indogreen Group - Indonesia
- Dalmia Cement Bharat India
- Madhucon Powers Ltd - India
- Barasentosa Lestari - Indonesia
- Bhatia International Limited - India
- Cigading International Bulk Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Merrill Lynch Commodities Europe
- Sakthi Sugars Limited - India
- Bangladesh Power Developement Board
- ASAPP Information Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement PLC, Thailand
- SMC Global Power, Philippines
- Electricity Authority, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Latin American Coal - Colombia
- Eastern Coal Council - USA
- Ministry of Finance - Indonesia
- Orica Australia Pty. Ltd.
- Kobexindo Tractors - Indoneisa
- Price Waterhouse Coopers - Russia
- Savvy Resources Ltd - HongKong
- TeaM Sual Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Edison Trading Spa - Italy
- Bayan Resources Tbk. - Indonesia
- Meralco Power Generation, Philippines
- Toyota Tsusho Corporation, Japan
- Karaikal Port Pvt Ltd - India
- Georgia Ports Authority, United States
- McConnell Dowell - Australia
- Sindya Power Generating Company Private Ltd
- Makarim & Taira - Indonesia
- Gujarat Sidhee Cement - India
- Borneo Indobara - Indonesia
- Singapore Mercantile Exchange
- Economic Council, Georgia
- Trasteel International SA, Italy
- Mintek Dendrill Indonesia
- Siam City Cement - Thailand
- Essar Steel Hazira Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Parry Sugars Refinery, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Oldendorff Carriers - Singapore
- Agrawal Coal Company - India
- Simpson Spence & Young - Indonesia
- Billiton Holdings Pty Ltd - Australia
- The University of Queensland
- Deloitte Consulting - India
- PowerSource Philippines DevCo
- Videocon Industries ltd - India
- London Commodity Brokers - England
- Altura Mining Limited, Indonesia
- Malabar Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Chettinad Cement Corporation Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Kideco Jaya Agung - Indonesia
- Kaltim Prima Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Indo Tambangraya Megah - Indonesia
- Riau Bara Harum - Indonesia
- Semirara Mining Corp, Philippines
- Vedanta Resources Plc - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indika Energy - Indonesia
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Wood Mackenzie - Singapore
- Commonwealth Bank - Australia
- Kumho Petrochemical, South Korea
- Central Electricity Authority - India
- Planning Commission, India
- Krishnapatnam Port Company Ltd. - India
- Vizag Seaport Private Limited - India
- SN Aboitiz Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Kartika Selabumi Mining - Indonesia
- MS Steel International - UAE
- Parliament of New Zealand
- Indian Energy Exchange, India
- ICICI Bank Limited - India
- Samtan Co., Ltd - South Korea
- Electricity Generating Authority of Thailand
- Eastern Energy - Thailand
- International Coal Ventures Pvt Ltd - India
- Heidelberg Cement - Germany
- Gujarat Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Tata Chemicals Ltd - India
- Carbofer General Trading SA - India
- Rio Tinto Coal - Australia
- The Treasury - Australian Government
- GMR Energy Limited - India
- Thai Mozambique Logistica
- Jorong Barutama Greston.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Renaissance Capital - South Africa
- Star Paper Mills Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Bukit Makmur.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- GVK Power & Infra Limited - India
- Indian Oil Corporation Limited
- Therma Luzon, Inc, Philippines
- Africa Commodities Group - South Africa
- Chamber of Mines of South Africa
- CNBM International Corporation - China
- Maharashtra Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sarangani Energy Corporation, Philippines
- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
- Manunggal Multi Energi - Indonesia
- Anglo American - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Xindia Steels Limited - India
- Lanco Infratech Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- The State Trading Corporation of India Ltd
- Romanian Commodities Exchange
- Baramulti Group, Indonesia
- Bhushan Steel Limited - India
- Metalloyd Limited - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Meenaskhi Energy Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Indonesian Coal Mining Association
- Larsen & Toubro Limited - India
- Ministry of Mines - Canada
- Coastal Gujarat Power Limited - India
- Intertek Mineral Services - Indonesia
- CIMB Investment Bank - Malaysia
- Australian Commodity Traders Exchange
- Aboitiz Power Corporation - Philippines
- New Zealand Coal & Carbon
- AsiaOL BioFuels Corp., Philippines
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