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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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Tuesday, 30 August 11
FAUJI CEMENT CONSUMED MORE THAN 1 MILLION TONS OF LOCAL COAL
Cooper Minerals Inc.based in Vancouver, BC, Canada, is a junior exploration company engaged in the acquisition, exploration and development of miner ...
Sunday, 28 August 11
FREIGHT MARKET COULD BE FIRM NEXT MONTH - VISTAAR
COALspot.com - The freight market continued the upward trend first half of the week . However, towards the end of the week lost momentum and the BDI ...
Saturday, 27 August 11
JAPANESE BULK CARRIER SETS RECORD ON NORTHERN SEA ROUTE - BARENTS OBSERVER
The Northern Sea Route will see its third record in less than a month when the largest ever bulk carrier to take the route leaves Murmansk next week ...
Saturday, 27 August 11
RBCT-INDIA ROUNDS FIXED AT AROUND US$ 12K - FEARNBULK
Handy
Stable but very positional markets across all segments in the Atlantic: the gap between owners and charterers rate ideas is building up as o ...
Friday, 26 August 11
TUAH TURANGGA AGUNG ACQUIRES AN ADDITIONAL 40% SHARES IN BARA PRIMA AGUNG
COALspot.com - PT Tuah Turangga Agung, a subsidiary of PT United Tractors Tbk, has signed an acquisition agreement to acquire 40% of PT Bara Prima A ...
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- Carbofer General Trading SA - India
- Leighton Contractors Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- Parliament of New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kaltim Prima Coal - Indonesia
- Indogreen Group - Indonesia
- PowerSource Philippines DevCo
- Goldman Sachs - Singapore
- Sakthi Sugars Limited - India
- Australian Coal Association
- Bahari Cakrawala Sebuku - Indonesia
- Toyota Tsusho Corporation, Japan
- Central Java Power - Indonesia
- TeaM Sual Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Aditya Birla Group - India
- Iligan Light & Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Siam City Cement PLC, Thailand
- European Bulk Services B.V. - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Samtan Co., Ltd - South Korea
- Alfred C Toepfer International GmbH - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bukit Baiduri Energy - Indonesia
- Cement Manufacturers Association - India
- Xindia Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Trasteel International SA, Italy
- Pipit Mutiara Jaya. PT, Indonesia
- ICICI Bank Limited - India
- Minerals Council of Australia
- Borneo Indobara - Indonesia
- Jindal Steel & Power Ltd - India
- Indonesian Coal Mining Association
- GAC Shipping (India) Pvt Ltd
- Power Finance Corporation Ltd., India
- Gujarat Mineral Development Corp Ltd - India
- Oldendorff Carriers - Singapore
- Therma Luzon, Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Wilmar Investment Holdings
- Thai Mozambique Logistica
- The University of Queensland
- Sindya Power Generating Company Private Ltd
- Malabar Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Georgia Ports Authority, United States
- Australian Commodity Traders Exchange
- Merrill Lynch Commodities Europe
- Deloitte Consulting - India
- Renaissance Capital - South Africa
- Jorong Barutama Greston.PT - Indonesia
- The State Trading Corporation of India Ltd
- Neyveli Lignite Corporation Ltd, - India
- Indian Energy Exchange, India
- Ministry of Finance - Indonesia
- Lanco Infratech Ltd - India
- Orica Australia Pty. Ltd.
- PNOC Exploration Corporation - Philippines
- Vedanta Resources Plc - India
- Electricity Authority, New Zealand
- Baramulti Group, Indonesia
- IEA Clean Coal Centre - UK
- Singapore Mercantile Exchange
- India Bulls Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Metalloyd Limited - United Kingdom
- Price Waterhouse Coopers - Russia
- Central Electricity Authority - India
- Romanian Commodities Exchange
- Thiess Contractors Indonesia
- Heidelberg Cement - Germany
- London Commodity Brokers - England
- Ind-Barath Power Infra Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Simpson Spence & Young - Indonesia
- VISA Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Ministry of Mines - Canada
- Bhoruka Overseas - Indonesia
- Chamber of Mines of South Africa
- Rio Tinto Coal - Australia
- Dalmia Cement Bharat India
- Ceylon Electricity Board - Sri Lanka
- Attock Cement Pakistan Limited
- Riau Bara Harum - Indonesia
- Port Waratah Coal Services - Australia
- Agrawal Coal Company - India
- Pendopo Energi Batubara - Indonesia
- Savvy Resources Ltd - HongKong
- Videocon Industries ltd - India
- Meenaskhi Energy Private Limited - India
- Mercator Lines Limited - India
- Global Business Power Corporation, Philippines
- PTC India Limited - India
- Kobexindo Tractors - Indoneisa
- Parry Sugars Refinery, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kalimantan Lumbung Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- Medco Energi Mining Internasional
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Latin American Coal - Colombia
- New Zealand Coal & Carbon
- Standard Chartered Bank - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Africa Commodities Group - South Africa
- Planning Commission, India
- Altura Mining Limited, Indonesia
- MS Steel International - UAE
- San Jose City I Power Corp, Philippines
- Anglo American - United Kingdom
- Energy Link Ltd, New Zealand
- CNBM International Corporation - China
- IHS Mccloskey Coal Group - USA
- Commonwealth Bank - Australia
- SMG Consultants - Indonesia
- Marubeni Corporation - India
- Posco Energy - South Korea
- Kapuas Tunggal Persada - Indonesia
- OPG Power Generation Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Coalindo Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Transport, Egypt
- Makarim & Taira - Indonesia
- Petron Corporation, Philippines
- GMR Energy Limited - India
- Antam Resourcindo - Indonesia
- Tamil Nadu electricity Board
- Sree Jayajothi Cements Limited - India
- GVK Power & Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Coal and Oil Company - UAE
- Globalindo Alam Lestari - Indonesia
- Indian Oil Corporation Limited
- International Coal Ventures Pvt Ltd - India
- Sojitz Corporation - Japan
- McConnell Dowell - Australia
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Star Paper Mills Limited - India
- Tata Chemicals Ltd - India
- Jaiprakash Power Ventures ltd
- Vizag Seaport Private Limited - India
- The Treasury - Australian Government
- Madhucon Powers Ltd - India
- CIMB Investment Bank - Malaysia
- Interocean Group of Companies - India
- Karbindo Abesyapradhi - Indoneisa
- Barasentosa Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Global Green Power PLC Corporation, Philippines
- Uttam Galva Steels Limited - India
- Mjunction Services Limited - India
- Straits Asia Resources Limited - Singapore
- Larsen & Toubro Limited - India
- Indika Energy - Indonesia
- Bhatia International Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Wood Mackenzie - Singapore
- Bhushan Steel Limited - India
- Electricity Generating Authority of Thailand
- Binh Thuan Hamico - Vietnam
- Energy Development Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sarangani Energy Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Edison Trading Spa - Italy
- Sical Logistics Limited - India
- Bharathi Cement Corporation - India
- Salva Resources Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Holcim Trading Pte Ltd - Singapore
- SMC Global Power, Philippines
- Kumho Petrochemical, South Korea
- Independent Power Producers Association of India
- Bulk Trading Sa - Switzerland
- Meralco Power Generation, Philippines
- Global Coal Blending Company Limited - Australia
- Economic Council, Georgia
- Manunggal Multi Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Bangladesh Power Developement Board
- AsiaOL BioFuels Corp., Philippines
- SN Aboitiz Power Inc, Philippines
- ASAPP Information Group - India
- Essar Steel Hazira Ltd - India
- Eastern Energy - Thailand
- Eastern Coal Council - USA
- Kartika Selabumi Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Siam City Cement - Thailand
- Coastal Gujarat Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- TNB Fuel Sdn Bhd - Malaysia
- Kepco SPC Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Mercuria Energy - Indonesia
- Orica Mining Services - Indonesia
- White Energy Company Limited
- Mintek Dendrill Indonesia
- South Luzon Thermal Energy Corporation
- Intertek Mineral Services - Indonesia
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