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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, 21 October 10
WORLDS FIRST, SINGAPORE EXCHANGE TO CLEAR OTC INDONESIAN COAL SWAP - MONDOVISIONE
Mondovisione reported that, Singapore Exchange (SGX) will be the first exchange in the world to clear over-the-counter (OTC) Indonesian Sub-Bitumino ...
Thursday, 21 October 10
MEC WOOS INDIAN POWER FIRMS FOR 50% STAKE SALE - BUSINESS STANDARD
Business-Standard reported that, Singapore-based MEC Coal plans to rope in an Indian power company as a 50 per cent equity partner. It is believed t ...
Thursday, 21 October 10
CAPESIZE, A FANTASTIC WEEK WITH IMPROVED RATES IN BOTH BASINS - FEARNBULK
Handy Activity remains slow this week combined with a lack of fresh enquiry in the Atlantic. Indexes are all negative except Cape but it is worth no ...
Wednesday, 20 October 10
BLENDING OF IMPORTED COAL AT THERMAL PLANT UP TO 30 % MAY BE ALLOWED - PUNJAB NEWS LINE
Punjab News Line reported that, Indian government is considering allowing increase in the blending ratio of imported coal from 10 to 30 percent at t ...
Wednesday, 20 October 10
CANADIAN CHALLENGER ACQUIRES INDONESIAN COAL PROJECT
COALspot.com (Press Release): According to Challenger Deep Resources Corp's website and press release posted on the site, Challenger Deep Res ...
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- Maheswari Brothers Coal Limited - India
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- Australian Coal Association
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- New Zealand Coal & Carbon
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- Electricity Generating Authority of Thailand
- Pendopo Energi Batubara - Indonesia
- McConnell Dowell - Australia
- Larsen & Toubro Limited - India
- Sical Logistics Limited - India
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- Ceylon Electricity Board - Sri Lanka
- Parliament of New Zealand
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- Energy Link Ltd, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
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- Cement Manufacturers Association - India
- SN Aboitiz Power Inc, Philippines
- Electricity Authority, New Zealand
- Savvy Resources Ltd - HongKong
- White Energy Company Limited
- Indika Energy - Indonesia
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- Renaissance Capital - South Africa
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- Australian Commodity Traders Exchange
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- Bulk Trading Sa - Switzerland
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- Power Finance Corporation Ltd., India
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- Chamber of Mines of South Africa
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- Offshore Bulk Terminal Pte Ltd, Singapore
- The University of Queensland
- Leighton Contractors Pty Ltd - Australia
- Marubeni Corporation - India
- LBH Netherlands Bv - Netherlands
- Kumho Petrochemical, South Korea
- Gujarat Sidhee Cement - India
- Coal and Oil Company - UAE
- Goldman Sachs - Singapore
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- Antam Resourcindo - Indonesia
- Barasentosa Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Miang Besar Coal Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Australia Pty. Ltd.
- Alfred C Toepfer International GmbH - Germany
- OPG Power Generation Pvt Ltd - India
- Indian Oil Corporation Limited
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- Orica Mining Services - Indonesia
- Bangladesh Power Developement Board
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- San Jose City I Power Corp, Philippines
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- Meenaskhi Energy Private Limited - India
- Simpson Spence & Young - Indonesia
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- PTC India Limited - India
- Economic Council, Georgia
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- ASAPP Information Group - India
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- Bharathi Cement Corporation - India
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- Jindal Steel & Power Ltd - India
- Latin American Coal - Colombia
- Thiess Contractors Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Price Waterhouse Coopers - Russia
- Eastern Coal Council - USA
- Mercator Lines Limited - India
- Kobexindo Tractors - Indoneisa
- Straits Asia Resources Limited - Singapore
- Heidelberg Cement - Germany
- Georgia Ports Authority, United States
- Global Coal Blending Company Limited - Australia
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- Singapore Mercantile Exchange
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- Ministry of Finance - Indonesia
- Global Green Power PLC Corporation, Philippines
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- GN Power Mariveles Coal Plant, Philippines
- London Commodity Brokers - England
- Gujarat Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
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- VISA Power Limited - India
- Intertek Mineral Services - Indonesia
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- Bukit Asam (Persero) Tbk - Indonesia
- Trasteel International SA, Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PNOC Exploration Corporation - Philippines
- Port Waratah Coal Services - Australia
- Central Electricity Authority - India
- Timah Investasi Mineral - Indoneisa
- Minerals Council of Australia
- Ministry of Transport, Egypt
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining Corp, Philippines
- SMG Consultants - Indonesia
- Kideco Jaya Agung - Indonesia
- Aditya Birla Group - India
- Indian Energy Exchange, India
- Makarim & Taira - Indonesia
- Commonwealth Bank - Australia
- Interocean Group of Companies - India
- CNBM International Corporation - China
- Dalmia Cement Bharat India
- Wood Mackenzie - Singapore
- European Bulk Services B.V. - Netherlands
- Bhoruka Overseas - Indonesia
- Independent Power Producers Association of India
- Rio Tinto Coal - Australia
- Samtan Co., Ltd - South Korea
- IEA Clean Coal Centre - UK
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- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement PLC, Thailand
- Oldendorff Carriers - Singapore
- IHS Mccloskey Coal Group - USA
- Bukit Baiduri Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- PowerSource Philippines DevCo
- Malabar Cements Ltd - India
- India Bulls Power Limited - India
- Attock Cement Pakistan Limited
- Mjunction Services Limited - India
- Directorate Of Revenue Intelligence - India
- Bhushan Steel Limited - India
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- Carbofer General Trading SA - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Thai Mozambique Logistica
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- South Luzon Thermal Energy Corporation
- MS Steel International - UAE
- Xindia Steels Limited - India
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