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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, 02 February 11
HUGE TONNAGE OVERSUPPLY LOOMING FOR DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the dry bulk market taking another dive yesterday, to just over 1,000 points (1,084), losing more than 2% on the day, it’s more than obvi ...
Monday, 31 January 11
S. SUMATRA COAL RAILWAY TO BE COMPLETED ON SCHEDULE - THE JAKARTA POST
The Jakarta Post reported that, despite land acquisition problems, state coal mining company PT Bukit Asam is upbeat that the development of a railw ...
Monday, 31 January 11
COAL MINER PTBA TO DRIVE OUTPUT WITH ACQUISITIONS - THE JAKARTA GLOBE
The Jakarta Globe reported that, State coal company Perusahaan Tambang Batubara Bukit Asam said its output would increase 34 percent to 17.6 million ...
Saturday, 29 January 11
PRESSURE ON SHIPPING MARKET MAY CONTINUE UNTIL MID FEBRUARY 2011
COALspot.com - The BDI continues to drop and saw a drop of about 5 pct this week closing at 1370 points.
In May 2010 the BDI touched 4,209 ...
Saturday, 29 January 11
ANTAM ACQUIRES SAROLANGUN COAL MINING
According to Insider Stories, Nickel and gold miner PT Aneka Tambang Tbk (Antam) of Indonesia via its subsidiary PT Indonesia Coal Resources (ICR) h ...
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- IHS Mccloskey Coal Group - USA
- Renaissance Capital - South Africa
- Economic Council, Georgia
- Salva Resources Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Binh Thuan Hamico - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Coastal Gujarat Power Limited - India
- Kobexindo Tractors - Indoneisa
- Metalloyd Limited - United Kingdom
- Sical Logistics Limited - India
- VISA Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Agrawal Coal Company - India
- Edison Trading Spa - Italy
- Miang Besar Coal Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Power Finance Corporation Ltd., India
- Global Coal Blending Company Limited - Australia
- Straits Asia Resources Limited - Singapore
- Krishnapatnam Port Company Ltd. - India
- Ind-Barath Power Infra Limited - India
- Ministry of Mines - Canada
- Bahari Cakrawala Sebuku - Indonesia
- PTC India Limited - India
- Bukit Makmur.PT - Indonesia
- Indika Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Interocean Group of Companies - India
- Standard Chartered Bank - UAE
- Meenaskhi Energy Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Orica Mining Services - Indonesia
- Thai Mozambique Logistica
- Tata Chemicals Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sree Jayajothi Cements Limited - India
- Kartika Selabumi Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Rio Tinto Coal - Australia
- Commonwealth Bank - Australia
- Samtan Co., Ltd - South Korea
- Bayan Resources Tbk. - Indonesia
- Iligan Light & Power Inc, Philippines
- Indogreen Group - Indonesia
- Bhatia International Limited - India
- Aditya Birla Group - India
- Intertek Mineral Services - Indonesia
- Ambuja Cements Ltd - India
- Xindia Steels Limited - India
- Sojitz Corporation - Japan
- Mintek Dendrill Indonesia
- White Energy Company Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parry Sugars Refinery, India
- GMR Energy Limited - India
- The Treasury - Australian Government
- Wood Mackenzie - Singapore
- The University of Queensland
- Videocon Industries ltd - India
- GVK Power & Infra Limited - India
- McConnell Dowell - Australia
- Indian Oil Corporation Limited
- Wilmar Investment Holdings
- Pendopo Energi Batubara - Indonesia
- Antam Resourcindo - Indonesia
- Barasentosa Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Global Business Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Mjunction Services Limited - India
- Makarim & Taira - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kideco Jaya Agung - Indonesia
- Africa Commodities Group - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Carbofer General Trading SA - India
- Ceylon Electricity Board - Sri Lanka
- Gujarat Mineral Development Corp Ltd - India
- Petron Corporation, Philippines
- Thiess Contractors Indonesia
- Indonesian Coal Mining Association
- Vizag Seaport Private Limited - India
- Madhucon Powers Ltd - India
- Energy Link Ltd, New Zealand
- London Commodity Brokers - England
- GAC Shipping (India) Pvt Ltd
- Bangladesh Power Developement Board
- Vijayanagar Sugar Pvt Ltd - India
- Attock Cement Pakistan Limited
- AsiaOL BioFuels Corp., Philippines
- Bhushan Steel Limited - India
- Bhoruka Overseas - Indonesia
- Cement Manufacturers Association - India
- Mercuria Energy - Indonesia
- Port Waratah Coal Services - Australia
- Grasim Industreis Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Australian Commodity Traders Exchange
- PetroVietnam Power Coal Import and Supply Company
- Central Electricity Authority - India
- Merrill Lynch Commodities Europe
- Georgia Ports Authority, United States
- Medco Energi Mining Internasional
- Meralco Power Generation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- India Bulls Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- ASAPP Information Group - India
- Therma Luzon, Inc, Philippines
- SMC Global Power, Philippines
- Cigading International Bulk Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- PowerSource Philippines DevCo
- Gujarat Sidhee Cement - India
- Posco Energy - South Korea
- Minerals Council of Australia
- Kalimantan Lumbung Energi - Indonesia
- Energy Development Corp, Philippines
- Oldendorff Carriers - Singapore
- Dalmia Cement Bharat India
- Uttam Galva Steels Limited - India
- Mercator Lines Limited - India
- Anglo American - United Kingdom
- Chamber of Mines of South Africa
- Bulk Trading Sa - Switzerland
- Marubeni Corporation - India
- LBH Netherlands Bv - Netherlands
- Jindal Steel & Power Ltd - India
- Eastern Coal Council - USA
- Indo Tambangraya Megah - Indonesia
- Goldman Sachs - Singapore
- Coalindo Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- San Jose City I Power Corp, Philippines
- Parliament of New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Independent Power Producers Association of India
- Orica Australia Pty. Ltd.
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Latin American Coal - Colombia
- Indian Energy Exchange, India
- Malabar Cements Ltd - India
- Price Waterhouse Coopers - Russia
- Ministry of Finance - Indonesia
- SMG Consultants - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- ICICI Bank Limited - India
- Baramulti Group, Indonesia
- Toyota Tsusho Corporation, Japan
- Lanco Infratech Ltd - India
- The State Trading Corporation of India Ltd
- Simpson Spence & Young - Indonesia
- Eastern Energy - Thailand
- Larsen & Toubro Limited - India
- South Luzon Thermal Energy Corporation
- Essar Steel Hazira Ltd - India
- Electricity Generating Authority of Thailand
- MS Steel International - UAE
- CNBM International Corporation - China
- Vedanta Resources Plc - India
- Singapore Mercantile Exchange
- Siam City Cement PLC, Thailand
- Jaiprakash Power Ventures ltd
- TeaM Sual Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Deloitte Consulting - India
- Globalindo Alam Lestari - Indonesia
- Siam City Cement - Thailand
- Sakthi Sugars Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- Tamil Nadu electricity Board
- CIMB Investment Bank - Malaysia
- OPG Power Generation Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Central Java Power - Indonesia
- Aboitiz Power Corporation - Philippines
- Kumho Petrochemical, South Korea
- Directorate Of Revenue Intelligence - India
- Karaikal Port Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Romanian Commodities Exchange
- IEA Clean Coal Centre - UK
- Star Paper Mills Limited - India
- Trasteel International SA, Italy
- Borneo Indobara - Indonesia
- Bharathi Cement Corporation - India
- Manunggal Multi Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Sarangani Energy Corporation, Philippines
- Planning Commission, India
- Electricity Authority, New Zealand
- Ministry of Transport, Egypt
- Formosa Plastics Group - Taiwan
- European Bulk Services B.V. - Netherlands
- Kaltim Prima Coal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Karbindo Abesyapradhi - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Australian Coal Association
- Coal and Oil Company - UAE
- Alfred C Toepfer International GmbH - Germany
- Maharashtra Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- Heidelberg Cement - Germany
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