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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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Wednesday, 03 August 11
DRY BULK MARKET SINKS TO THREE-MONTH LOWS, BUT CAPESIZES COULD TURN THINGS AROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept on falling this week, on the back of slow cargo demand amid the summer season. Yesterday, the BDI (Baltic Dry Index), the i ...
Tuesday, 02 August 11
INDONESIA BECOMES SECOND LARGEST COKING COAL EXPORTER
COALspot.com - Indonesia, the largest thermal coal exporter in the world now becomes second biggest coking coal exporter to Japan. Indonesian’ ...
Tuesday, 02 August 11
5TH ASIA PACIFIC COAL TRADING & INVESTMENT OUTLOOK TO PRESENT LATEST TRENDS
Press Release - Global commodities prices have been staying high since the beginning of 2011, resulting in the “TENSION” in various coun ...
Tuesday, 02 August 11
REALM RESOURCES TO ACQUIRE A 75% INTEREST IN THE KATINGAN RIA COAL PROJECT
COALspot.com - Scoping study at the Katingan Ria Coal Project, Central Kalimantan demonstrates positive technical and financial potential for the pr ...
Tuesday, 02 August 11
COAL INDIA TO INVEST IN GOLDEN ENERGY MINES
COALspot.com - Golden Energy Mines, part of PT Dian Swastatika Sentosa Tbk’s, is still negotiating with several strategic investors to o ...
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- Mintek Dendrill Indonesia
- Anglo American - United Kingdom
- PowerSource Philippines DevCo
- Alfred C Toepfer International GmbH - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Xindia Steels Limited - India
- Siam City Cement PLC, Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Videocon Industries ltd - India
- Formosa Plastics Group - Taiwan
- Indogreen Group - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ambuja Cements Ltd - India
- Georgia Ports Authority, United States
- Tata Chemicals Ltd - India
- Bukit Makmur.PT - Indonesia
- Interocean Group of Companies - India
- OPG Power Generation Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Posco Energy - South Korea
- Kartika Selabumi Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Renaissance Capital - South Africa
- Electricity Authority, New Zealand
- Merrill Lynch Commodities Europe
- Planning Commission, India
- Essar Steel Hazira Ltd - India
- European Bulk Services B.V. - Netherlands
- GVK Power & Infra Limited - India
- Agrawal Coal Company - India
- Ministry of Mines - Canada
- Coastal Gujarat Power Limited - India
- Parliament of New Zealand
- Globalindo Alam Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Port Waratah Coal Services - Australia
- Neyveli Lignite Corporation Ltd, - India
- GMR Energy Limited - India
- McConnell Dowell - Australia
- Heidelberg Cement - Germany
- Indonesian Coal Mining Association
- Gujarat Mineral Development Corp Ltd - India
- Aditya Birla Group - India
- Independent Power Producers Association of India
- MS Steel International - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Malabar Cements Ltd - India
- Ministry of Transport, Egypt
- Indika Energy - Indonesia
- Semirara Mining Corp, Philippines
- Indian Oil Corporation Limited
- Savvy Resources Ltd - HongKong
- Jorong Barutama Greston.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Kideco Jaya Agung - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- ICICI Bank Limited - India
- Gujarat Sidhee Cement - India
- Semirara Mining and Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Commonwealth Bank - Australia
- Mercator Lines Limited - India
- Kapuas Tunggal Persada - Indonesia
- Marubeni Corporation - India
- Medco Energi Mining Internasional
- ASAPP Information Group - India
- Maheswari Brothers Coal Limited - India
- SN Aboitiz Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Kohat Cement Company Ltd. - Pakistan
- International Coal Ventures Pvt Ltd - India
- Madhucon Powers Ltd - India
- Bulk Trading Sa - Switzerland
- SMC Global Power, Philippines
- Bhatia International Limited - India
- IHS Mccloskey Coal Group - USA
- Indo Tambangraya Megah - Indonesia
- Lanco Infratech Ltd - India
- Directorate Of Revenue Intelligence - India
- Chamber of Mines of South Africa
- Krishnapatnam Port Company Ltd. - India
- Rio Tinto Coal - Australia
- Standard Chartered Bank - UAE
- India Bulls Power Limited - India
- Altura Mining Limited, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Mining Services - Indonesia
- The University of Queensland
- Electricity Generating Authority of Thailand
- Barasentosa Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Makarim & Taira - Indonesia
- Baramulti Group, Indonesia
- Antam Resourcindo - Indonesia
- Sical Logistics Limited - India
- Vizag Seaport Private Limited - India
- Bangladesh Power Developement Board
- Edison Trading Spa - Italy
- Kepco SPC Power Corporation, Philippines
- Singapore Mercantile Exchange
- Orica Australia Pty. Ltd.
- Samtan Co., Ltd - South Korea
- Siam City Cement - Thailand
- Jaiprakash Power Ventures ltd
- Central Java Power - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- LBH Netherlands Bv - Netherlands
- CIMB Investment Bank - Malaysia
- Economic Council, Georgia
- Indian Energy Exchange, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Borneo Indobara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Africa Commodities Group - South Africa
- San Jose City I Power Corp, Philippines
- Star Paper Mills Limited - India
- Power Finance Corporation Ltd., India
- Eastern Coal Council - USA
- Goldman Sachs - Singapore
- Tamil Nadu electricity Board
- London Commodity Brokers - England
- Grasim Industreis Ltd - India
- Manunggal Multi Energi - Indonesia
- Deloitte Consulting - India
- Sinarmas Energy and Mining - Indonesia
- Cement Manufacturers Association - India
- Vijayanagar Sugar Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Mercuria Energy - Indonesia
- Bhushan Steel Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- TeaM Sual Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Eastern Energy - Thailand
- Toyota Tsusho Corporation, Japan
- New Zealand Coal & Carbon
- Dalmia Cement Bharat India
- Thiess Contractors Indonesia
- Global Coal Blending Company Limited - Australia
- Price Waterhouse Coopers - Russia
- Straits Asia Resources Limited - Singapore
- Global Green Power PLC Corporation, Philippines
- Uttam Galva Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Romanian Commodities Exchange
- Australian Commodity Traders Exchange
- Oldendorff Carriers - Singapore
- Meenaskhi Energy Private Limited - India
- Jindal Steel & Power Ltd - India
- VISA Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Sree Jayajothi Cements Limited - India
- Parry Sugars Refinery, India
- PNOC Exploration Corporation - Philippines
- Sakthi Sugars Limited - India
- The Treasury - Australian Government
- PetroVietnam Power Coal Import and Supply Company
- Attock Cement Pakistan Limited
- PTC India Limited - India
- Karaikal Port Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Central Electricity Authority - India
- Therma Luzon, Inc, Philippines
- Banpu Public Company Limited - Thailand
- Sojitz Corporation - Japan
- Miang Besar Coal Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Vedanta Resources Plc - India
- Leighton Contractors Pty Ltd - Australia
- Mjunction Services Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Sarangani Energy Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Global Business Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- SMG Consultants - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Latin American Coal - Colombia
- Energy Development Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- South Luzon Thermal Energy Corporation
- The State Trading Corporation of India Ltd
- Meralco Power Generation, Philippines
- Minerals Council of Australia
- Sindya Power Generating Company Private Ltd
- Ceylon Electricity Board - Sri Lanka
- Carbofer General Trading SA - India
- Larsen & Toubro Limited - India
- Rashtriya Ispat Nigam Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Wilmar Investment Holdings
- IEA Clean Coal Centre - UK
- Kobexindo Tractors - Indoneisa
- Australian Coal Association
- Bhoruka Overseas - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Riau Bara Harum - Indonesia
- Coal and Oil Company - UAE
- Kaltim Prima Coal - Indonesia
- Ministry of Finance - Indonesia
- Thai Mozambique Logistica
- White Energy Company Limited
- Kumho Petrochemical, South Korea
- CNBM International Corporation - China
- Trasteel International SA, Italy
- Metalloyd Limited - United Kingdom
- Petron Corporation, Philippines
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