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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, 27 April 11
KEWESPO CALLS FOR 765KT OF THERMAL COAL
COALspot.com - South Korea's East-West Power Co's (KEWESPO) has issued a tender to buy total 765,000 tonnes of thermal coal for delivery between J ...
Wednesday, 27 April 11
HARUM ENERGY TO PAY RP 659.1B IN DIVIDENDS - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal miner Harum Energy is planning to pay out Rp 659.1 billion (US$76.46 million) in dividends this year ...
Wednesday, 27 April 11
TSIS $5 MILLION PLANT TO START PRODUCING UPGRADED COAL - THE JAKARTA POST
The Jakartapost reported that, PT Total Sinergy International (TSI), in association with Agritrade Resources Limited of Hong Kong, will upgrade its ...
Wednesday, 27 April 11
RAIN CONSIDERS COAL MINES TAKEOVER - INSIDER STORIES
Indonesian's tenth largest coal miner in term of coal concession, PT Resource Alam Indonesia Tbk (KKGI), is considering to acquire several coalmine ...
Wednesday, 27 April 11
DRY BULK MARKET LACKS ACTIVITY, RATES KEEP RETREATING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the Easter Holidays for a large of the world now behind, the dry bulk market kept lacking activity on Tuesday, which led the Baltic Dry Index ( ...
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- Riau Bara Harum - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Carbofer General Trading SA - India
- Sakthi Sugars Limited - India
- Deloitte Consulting - India
- Orica Australia Pty. Ltd.
- Siam City Cement PLC, Thailand
- Economic Council, Georgia
- Maheswari Brothers Coal Limited - India
- Latin American Coal - Colombia
- Coal and Oil Company - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Renaissance Capital - South Africa
- Baramulti Group, Indonesia
- IEA Clean Coal Centre - UK
- GN Power Mariveles Coal Plant, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Barasentosa Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Price Waterhouse Coopers - Russia
- South Luzon Thermal Energy Corporation
- Coastal Gujarat Power Limited - India
- Metalloyd Limited - United Kingdom
- India Bulls Power Limited - India
- PowerSource Philippines DevCo
- Bahari Cakrawala Sebuku - Indonesia
- Tamil Nadu electricity Board
- Standard Chartered Bank - UAE
- Alfred C Toepfer International GmbH - Germany
- Malabar Cements Ltd - India
- Romanian Commodities Exchange
- Sindya Power Generating Company Private Ltd
- New Zealand Coal & Carbon
- Kobexindo Tractors - Indoneisa
- Aboitiz Power Corporation - Philippines
- Dalmia Cement Bharat India
- Ministry of Transport, Egypt
- Kartika Selabumi Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Jaiprakash Power Ventures ltd
- Binh Thuan Hamico - Vietnam
- CNBM International Corporation - China
- Lanco Infratech Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Australian Commodity Traders Exchange
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- Salva Resources Pvt Ltd - India
- Wood Mackenzie - Singapore
- Semirara Mining Corp, Philippines
- Commonwealth Bank - Australia
- Siam City Cement - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Bhatia International Limited - India
- Timah Investasi Mineral - Indoneisa
- Planning Commission, India
- The Treasury - Australian Government
- Cement Manufacturers Association - India
- Samtan Co., Ltd - South Korea
- Formosa Plastics Group - Taiwan
- Ambuja Cements Ltd - India
- San Jose City I Power Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Agrawal Coal Company - India
- TeaM Sual Corporation - Philippines
- Indian Oil Corporation Limited
- SN Aboitiz Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Central Electricity Authority - India
- Edison Trading Spa - Italy
- Neyveli Lignite Corporation Ltd, - India
- Bhushan Steel Limited - India
- Australian Coal Association
- Ministry of Finance - Indonesia
- Intertek Mineral Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Xindia Steels Limited - India
- Medco Energi Mining Internasional
- Chettinad Cement Corporation Ltd - India
- Straits Asia Resources Limited - Singapore
- Miang Besar Coal Terminal - Indonesia
- Meralco Power Generation, Philippines
- Parry Sugars Refinery, India
- Wilmar Investment Holdings
- Power Finance Corporation Ltd., India
- Savvy Resources Ltd - HongKong
- Kepco SPC Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Altura Mining Limited, Indonesia
- Kaltim Prima Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Borneo Indobara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- PTC India Limited - India
- Essar Steel Hazira Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Makmur.PT - Indonesia
- Electricity Authority, New Zealand
- Manunggal Multi Energi - Indonesia
- London Commodity Brokers - England
- Sree Jayajothi Cements Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Bulk Trading Sa - Switzerland
- Bukit Baiduri Energy - Indonesia
- White Energy Company Limited
- Videocon Industries ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Independent Power Producers Association of India
- Energy Development Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Goldman Sachs - Singapore
- Singapore Mercantile Exchange
- Kapuas Tunggal Persada - Indonesia
- SMG Consultants - Indonesia
- Mintek Dendrill Indonesia
- Marubeni Corporation - India
- The State Trading Corporation of India Ltd
- Sojitz Corporation - Japan
- PetroVietnam Power Coal Import and Supply Company
- MS Steel International - UAE
- Iligan Light & Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Mercator Lines Limited - India
- Merrill Lynch Commodities Europe
- Ind-Barath Power Infra Limited - India
- CIMB Investment Bank - Malaysia
- Toyota Tsusho Corporation, Japan
- Makarim & Taira - Indonesia
- Heidelberg Cement - Germany
- Uttam Galva Steels Limited - India
- Therma Luzon, Inc, Philippines
- Gujarat Sidhee Cement - India
- Bayan Resources Tbk. - Indonesia
- Attock Cement Pakistan Limited
- Indonesian Coal Mining Association
- GVK Power & Infra Limited - India
- Larsen & Toubro Limited - India
- Rashtriya Ispat Nigam Limited - India
- GMR Energy Limited - India
- Sical Logistics Limited - India
- Coalindo Energy - Indonesia
- Georgia Ports Authority, United States
- Antam Resourcindo - Indonesia
- Meenaskhi Energy Private Limited - India
- Petron Corporation, Philippines
- Madhucon Powers Ltd - India
- Simpson Spence & Young - Indonesia
- Parliament of New Zealand
- Indika Energy - Indonesia
- Eastern Energy - Thailand
- Africa Commodities Group - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- European Bulk Services B.V. - Netherlands
- Thiess Contractors Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Vizag Seaport Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Eastern Coal Council - USA
- Pendopo Energi Batubara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Trasteel International SA, Italy
- International Coal Ventures Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Thai Mozambique Logistica
- Aditya Birla Group - India
- Global Business Power Corporation, Philippines
- Anglo American - United Kingdom
- Ministry of Mines - Canada
- Global Coal Blending Company Limited - Australia
- Indian Energy Exchange, India
- Central Java Power - Indonesia
- Kideco Jaya Agung - Indonesia
- Minerals Council of Australia
- Gujarat Mineral Development Corp Ltd - India
- VISA Power Limited - India
- Rio Tinto Coal - Australia
- Banpu Public Company Limited - Thailand
- Kumho Petrochemical, South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercuria Energy - Indonesia
- Bangladesh Power Developement Board
- Indogreen Group - Indonesia
- ICICI Bank Limited - India
- Grasim Industreis Ltd - India
- Mjunction Services Limited - India
- Posco Energy - South Korea
- Vedanta Resources Plc - India
- Jindal Steel & Power Ltd - India
- Oldendorff Carriers - Singapore
- Energy Link Ltd, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Pipit Mutiara Jaya. PT, Indonesia
- McConnell Dowell - Australia
- SMC Global Power, Philippines
- OPG Power Generation Pvt Ltd - India
- Orica Mining Services - Indonesia
- Star Paper Mills Limited - India
- Electricity Generating Authority of Thailand
- Port Waratah Coal Services - Australia
- Ceylon Electricity Board - Sri Lanka
- Chamber of Mines of South Africa
- Bharathi Cement Corporation - India
- Tata Chemicals Ltd - India
- Leighton Contractors Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Directorate Of Revenue Intelligence - India
- ASAPP Information Group - India
- The University of Queensland
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