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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, 24 February 11
SUPRAS ARE FIXED AT CLOSE TO 10K FOR TRIPS VIA INDONESIA TO INDIA WITH COAL - FEARNBULK
Handy
After a short lived surge in rates the Atlantic market has flattened out due to too many spot vessels. The USGulf has cooled down somewhat f ...
Wednesday, 23 February 11
LIMITED AVAILABILITY OF COAL COULD TRIP MEGA POWER PLANT - THE ECONOMIC TIMES
The Economic Times, an Indian leading news paper reported that, an acute shortage of domestic coal is threatening to destabilize new power generatio ...
Wednesday, 23 February 11
DRY BULK MARKET BACK ON RETREAT MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The two week rise of dry bulk freight rates seems to have come to a halt this week, with the industry’s benchmark, the Baltic Dry Index (BDI) lo ...
Wednesday, 23 February 11
INDONESIA NEEDS TO REVISE EXPORT BAN ON 5600 GAD COAL EXPORT - INDUSTRY
COALspot.com - The Indonesian government may be forced to revise its 2014 timeline for the proposed ban on all low quality coal exports, Patrick Han ...
Tuesday, 22 February 11
SUPRAMAX MARKET IS IMPROVING IN THE PACIFIC
BRS - A 10% rise in the BDI this week, mostly on the back of Panamax rates and improvements in the Supramax market in the Pacific. For the Capes, ra ...
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- ASAPP Information Group - India
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- MS Steel International - UAE
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- Georgia Ports Authority, United States
- Eastern Energy - Thailand
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- Australian Commodity Traders Exchange
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- Grasim Industreis Ltd - India
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- Australian Coal Association
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- Siam City Cement - Thailand
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- Mjunction Services Limited - India
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- Kumho Petrochemical, South Korea
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- Petron Corporation, Philippines
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- The University of Queensland
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- Planning Commission, India
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- The Treasury - Australian Government
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- Indian Energy Exchange, India
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- Cigading International Bulk Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Metalloyd Limited - United Kingdom
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- Gujarat Mineral Development Corp Ltd - India
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- Straits Asia Resources Limited - Singapore
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- Economic Council, Georgia
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- Global Business Power Corporation, Philippines
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- Larsen & Toubro Limited - India
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- Banpu Public Company Limited - Thailand
- Sinarmas Energy and Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TeaM Sual Corporation - Philippines
- Indonesian Coal Mining Association
- Edison Trading Spa - Italy
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- Bangladesh Power Developement Board
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- Meenaskhi Energy Private Limited - India
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- White Energy Company Limited
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- Heidelberg Cement - Germany
- Goldman Sachs - Singapore
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- Chamber of Mines of South Africa
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- Bulk Trading Sa - Switzerland
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- Jindal Steel & Power Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Power Finance Corporation Ltd., India
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- Energy Development Corp, Philippines
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- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement PLC, Thailand
- Directorate General of MIneral and Coal - Indonesia
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- Global Green Power PLC Corporation, Philippines
- CNBM International Corporation - China
- Ambuja Cements Ltd - India
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- Kepco SPC Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
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- Bahari Cakrawala Sebuku - Indonesia
- PNOC Exploration Corporation - Philippines
- Altura Mining Limited, Indonesia
- New Zealand Coal & Carbon
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- McConnell Dowell - Australia
- IEA Clean Coal Centre - UK
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- Baramulti Group, Indonesia
- Bayan Resources Tbk. - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Billiton Holdings Pty Ltd - Australia
- PTC India Limited - India
- Semirara Mining Corp, Philippines
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