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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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Thursday, 08 September 11
TRADA MARITIME BUYS GUNUNG BARA UTAMA
Insider Stories reported that, PT Trada Maritime Tbk (TRAM) has purchased convertible bonds issued by PT Awesome Coal from Zakia Limited. The memora ...
Thursday, 08 September 11
PETROSEA ADDS US$730 MIO CONTRACT
Coal mining contractor PT Petrosea Tbk (PTRO), a majority owned subsidiary of energy integrated company PT Indika Energy Tbk (INDY), has secured a U ...
Wednesday, 07 September 11
ANOTHER EXCEPTIONALLY STRONG WEEK FOR THE CAPESIZE MARKET - BRS
The very strong rise in Cape rates pushed through an overall improvement in the BDI this week, although relatively little benefit from the Capes has ...
Wednesday, 07 September 11
INDIA HIT BY INDONESIAS COAL PRICE - TEMPO INTERACTIVE
TEMPO Interactive, an Indonesian online news portal reported that, The Indian government has complained about the price increase of Indonesian coal, ...
Wednesday, 07 September 11
SAMPUR POWER AGREEMENT SIGNED - DAILY NEWS
Daily News, Sri Lank's national news paper reported that, the agreement for the setting up of a 500 MW coal-fired power plant at Sampur, Trincomale ...
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- Medco Energi Mining Internasional
- Coalindo Energy - Indonesia
- Romanian Commodities Exchange
- Edison Trading Spa - Italy
- Orica Mining Services - Indonesia
- Price Waterhouse Coopers - Russia
- Commonwealth Bank - Australia
- Aditya Birla Group - India
- Formosa Plastics Group - Taiwan
- Mercuria Energy - Indonesia
- Chamber of Mines of South Africa
- Georgia Ports Authority, United States
- McConnell Dowell - Australia
- Directorate Of Revenue Intelligence - India
- Pendopo Energi Batubara - Indonesia
- Kepco SPC Power Corporation, Philippines
- Grasim Industreis Ltd - India
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- Leighton Contractors Pty Ltd - Australia
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- Central Java Power - Indonesia
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- Meenaskhi Energy Private Limited - India
- Sojitz Corporation - Japan
- Orica Australia Pty. Ltd.
- SMC Global Power, Philippines
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- TeaM Sual Corporation - Philippines
- Trasteel International SA, Italy
- Kalimantan Lumbung Energi - Indonesia
- Anglo American - United Kingdom
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- White Energy Company Limited
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- Petrochimia International Co. Ltd.- Taiwan
- Energy Link Ltd, New Zealand
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- Global Green Power PLC Corporation, Philippines
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- Planning Commission, India
- The Treasury - Australian Government
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- IEA Clean Coal Centre - UK
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- Cement Manufacturers Association - India
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- Ministry of Finance - Indonesia
- Meralco Power Generation, Philippines
- Indian Oil Corporation Limited
- Minerals Council of Australia
- Economic Council, Georgia
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- Eastern Energy - Thailand
- Iligan Light & Power Inc, Philippines
- Bhushan Steel Limited - India
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- Ind-Barath Power Infra Limited - India
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- Siam City Cement PLC, Thailand
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- Merrill Lynch Commodities Europe
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- Samtan Co., Ltd - South Korea
- Barasentosa Lestari - Indonesia
- PowerSource Philippines DevCo
- GAC Shipping (India) Pvt Ltd
- International Coal Ventures Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Carbofer General Trading SA - India
- Electricity Generating Authority of Thailand
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- The State Trading Corporation of India Ltd
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- Metalloyd Limited - United Kingdom
- Renaissance Capital - South Africa
- Ministry of Mines - Canada
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- Standard Chartered Bank - UAE
- Coal and Oil Company - UAE
- ASAPP Information Group - India
- Gujarat Sidhee Cement - India
- PTC India Limited - India
- Kobexindo Tractors - Indoneisa
- Interocean Group of Companies - India
- Maheswari Brothers Coal Limited - India
- Lanco Infratech Ltd - India
- Port Waratah Coal Services - Australia
- Timah Investasi Mineral - Indoneisa
- Singapore Mercantile Exchange
- Vijayanagar Sugar Pvt Ltd - India
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- Parry Sugars Refinery, India
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- London Commodity Brokers - England
- Alfred C Toepfer International GmbH - Germany
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- Mintek Dendrill Indonesia
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- Indian Energy Exchange, India
- Larsen & Toubro Limited - India
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- Videocon Industries ltd - India
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- VISA Power Limited - India
- Riau Bara Harum - Indonesia
- Karbindo Abesyapradhi - Indoneisa
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- Salva Resources Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Goldman Sachs - Singapore
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- Parliament of New Zealand
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- GMR Energy Limited - India
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- India Bulls Power Limited - India
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- Therma Luzon, Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Kumho Petrochemical, South Korea
- OPG Power Generation Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GVK Power & Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bayan Resources Tbk. - Indonesia
- Indonesian Coal Mining Association
- Kohat Cement Company Ltd. - Pakistan
- Wilmar Investment Holdings
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- Australian Coal Association
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- Australian Commodity Traders Exchange
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