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Thursday, 21 July 11
COAL PRICES ARE AT US$ 120 A TONNE
COALspot.com - Indonesian coal production in 2011 is expected to reach 360 million tons or 5.8 percent higher than government's forecasts. The increase in production was driven by the higher price trend and the higher demand triggered producers ramped up production.
Executive Director of Indonesian Coal Mining Association Suhala Supriatna said, the realization of coal production this year expected to exceed the government's forecasts of 340 million tons. "Production in 2011 will be higher than the target, and may reach at least 340 million to 360 million tonnes," he explained.
He also said that, the production increase was driven by a higher price for Indonesian coal and higher demand. After the accident at a nuclear power plant (NPP) in Japan, coal demand continues to rising. In fact, in the next 20 years, coal will play major roll to replace nuclear energy in Asian countries.
This year's coal price for coal with calorific value 6300-6500 have reached around US$ 120 per ton. This figure is much higher than last year's price of US$ $ 90/ton. " Due to higher price and demand, most of coal producers are planning to increase their production," he added.
Indonesian has already produced about 170 million tons of coal till end June 2011.
To contact the reporter on this story: Efendi at efendi@coalspot.com
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Monday, 24 October 11
CAPESIZE RENTAL RATES RISE FOR THIRD DAY AS MORE SHIPS HIRED - HELLENIC SHIPPING
Rates to hire capesize vessels advanced for a third day on signs of increased demand to transport iron ore, used to make steel.Daily rates for the s ...
Sunday, 23 October 11
CHINA LOOKING TO RESELL INDONESIAN COAL CARGOES - BARCLAYS
Commodity Online reported that, Anecdotal evidence has suggested that China is even looking to resell Indonesian cargoes back into the seaborne coal ...
Saturday, 22 October 11
THE SHORT-PERIOD RATES FOR PANAMAX REMAINED FIRM - CAPT. REDDY
COALspot.com - "The market seemed to slow down a bit this week, and all sectors were down by about One to five percent", said Capt. Reddy, ...
Saturday, 22 October 11
WILL THE PROPOSED 26 PERCENT PROFIT SHARING CLAUSE IN THE MINING BILL SPEED UP THE PRODUCTION OR SCARE AWAY INVESTORS? - DIPESH DIPU
A draft law has been approved by a ministerial panel headed by Finance Minister Pranab Mukherjee of India which, if passed by the Cabinet, will make ...
Saturday, 22 October 11
INDONESIA'S GOLDEN ENERGY SLASHES ITS IPO PRICE - THE JAKARTA GLOBE
The Jakarta Globe reported that, Golden Energy Mines, a coal mining company affiliated with Sinar Mas Group, lowered its target in an initial public ...
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- Barasentosa Lestari - Indonesia
- Makarim & Taira - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Price Waterhouse Coopers - Russia
- Merrill Lynch Commodities Europe
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petron Corporation, Philippines
- Madhucon Powers Ltd - India
- SMG Consultants - Indonesia
- ASAPP Information Group - India
- Straits Asia Resources Limited - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercator Lines Limited - India
- Eastern Energy - Thailand
- Samtan Co., Ltd - South Korea
- Indo Tambangraya Megah - Indonesia
- Mjunction Services Limited - India
- The University of Queensland
- Global Business Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Bharathi Cement Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Toyota Tsusho Corporation, Japan
- Energy Development Corp, Philippines
- GMR Energy Limited - India
- Manunggal Multi Energi - Indonesia
- Wood Mackenzie - Singapore
- San Jose City I Power Corp, Philippines
- Salva Resources Pvt Ltd - India
- Parry Sugars Refinery, India
- Cigading International Bulk Terminal - Indonesia
- Coalindo Energy - Indonesia
- Electricity Authority, New Zealand
- Siam City Cement PLC, Thailand
- Goldman Sachs - Singapore
- Central Java Power - Indonesia
- Maheswari Brothers Coal Limited - India
- Sojitz Corporation - Japan
- India Bulls Power Limited - India
- Rio Tinto Coal - Australia
- International Coal Ventures Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Electricity Generating Authority of Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Billiton Holdings Pty Ltd - Australia
- Anglo American - United Kingdom
- Ind-Barath Power Infra Limited - India
- Independent Power Producers Association of India
- Mercuria Energy - Indonesia
- Central Electricity Authority - India
- Renaissance Capital - South Africa
- IEA Clean Coal Centre - UK
- Semirara Mining and Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Singapore Mercantile Exchange
- Sinarmas Energy and Mining - Indonesia
- Antam Resourcindo - Indonesia
- The Treasury - Australian Government
- South Luzon Thermal Energy Corporation
- SN Aboitiz Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Gujarat Sidhee Cement - India
- Orica Australia Pty. Ltd.
- Chettinad Cement Corporation Ltd - India
- Larsen & Toubro Limited - India
- Sarangani Energy Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Ministry of Transport, Egypt
- Kobexindo Tractors - Indoneisa
- Minerals Council of Australia
- Deloitte Consulting - India
- Bukit Asam (Persero) Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- Bhushan Steel Limited - India
- Lanco Infratech Ltd - India
- Siam City Cement - Thailand
- Wilmar Investment Holdings
- Semirara Mining Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Metalloyd Limited - United Kingdom
- Cement Manufacturers Association - India
- Latin American Coal - Colombia
- Timah Investasi Mineral - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Miang Besar Coal Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Energy Link Ltd, New Zealand
- Pendopo Energi Batubara - Indonesia
- Georgia Ports Authority, United States
- Malabar Cements Ltd - India
- Bhatia International Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Oldendorff Carriers - Singapore
- VISA Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Neyveli Lignite Corporation Ltd, - India
- Karaikal Port Pvt Ltd - India
- Mintek Dendrill Indonesia
- LBH Netherlands Bv - Netherlands
- Power Finance Corporation Ltd., India
- Kumho Petrochemical, South Korea
- PNOC Exploration Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Mines - Canada
- Videocon Industries ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Kepco SPC Power Corporation, Philippines
- London Commodity Brokers - England
- Offshore Bulk Terminal Pte Ltd, Singapore
- White Energy Company Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Xindia Steels Limited - India
- Savvy Resources Ltd - HongKong
- Bulk Trading Sa - Switzerland
- Therma Luzon, Inc, Philippines
- Tamil Nadu electricity Board
- ICICI Bank Limited - India
- Economic Council, Georgia
- Directorate Of Revenue Intelligence - India
- Bukit Makmur.PT - Indonesia
- Kideco Jaya Agung - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Indian Oil Corporation Limited
- Heidelberg Cement - Germany
- Coastal Gujarat Power Limited - India
- Marubeni Corporation - India
- Jaiprakash Power Ventures ltd
- Attock Cement Pakistan Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- McConnell Dowell - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Vedanta Resources Plc - India
- PowerSource Philippines DevCo
- IHS Mccloskey Coal Group - USA
- Gujarat Mineral Development Corp Ltd - India
- Grasim Industreis Ltd - India
- Altura Mining Limited, Indonesia
- Simpson Spence & Young - Indonesia
- Borneo Indobara - Indonesia
- Sree Jayajothi Cements Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- SMC Global Power, Philippines
- Parliament of New Zealand
- Australian Coal Association
- Rashtriya Ispat Nigam Limited - India
- Bangladesh Power Developement Board
- GVK Power & Infra Limited - India
- Baramulti Group, Indonesia
- Planning Commission, India
- Africa Commodities Group - South Africa
- Gujarat Electricity Regulatory Commission - India
- Carbofer General Trading SA - India
- GAC Shipping (India) Pvt Ltd
- Bayan Resources Tbk. - Indonesia
- Kaltim Prima Coal - Indonesia
- Chamber of Mines of South Africa
- Sical Logistics Limited - India
- Essar Steel Hazira Ltd - India
- Edison Trading Spa - Italy
- Orica Mining Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Vizag Seaport Private Limited - India
- Meralco Power Generation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Sakthi Sugars Limited - India
- Tata Chemicals Ltd - India
- Interocean Group of Companies - India
- Riau Bara Harum - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Thiess Contractors Indonesia
- Agrawal Coal Company - India
- Eastern Coal Council - USA
- Indogreen Group - Indonesia
- MS Steel International - UAE
- Globalindo Alam Lestari - Indonesia
- PTC India Limited - India
- Sindya Power Generating Company Private Ltd
- Global Coal Blending Company Limited - Australia
- CNBM International Corporation - China
- Indian Energy Exchange, India
- Indika Energy - Indonesia
- Uttam Galva Steels Limited - India
- Standard Chartered Bank - UAE
- The State Trading Corporation of India Ltd
- Binh Thuan Hamico - Vietnam
- TeaM Sual Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- CIMB Investment Bank - Malaysia
- Romanian Commodities Exchange
- Bhoruka Overseas - Indonesia
- Aditya Birla Group - India
- Asmin Koalindo Tuhup - Indonesia
- European Bulk Services B.V. - Netherlands
- Kapuas Tunggal Persada - Indonesia
- Kartika Selabumi Mining - Indonesia
- Trasteel International SA, Italy
- Dalmia Cement Bharat India
- Star Paper Mills Limited - India
- Indonesian Coal Mining Association
- Coal and Oil Company - UAE
- Commonwealth Bank - Australia
- Thai Mozambique Logistica
- Posco Energy - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ambuja Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- New Zealand Coal & Carbon
- Medco Energi Mining Internasional
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