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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, 14 October 10
COAL PRICES AT QINHUANGDAO PORT UP - CAPITALVUE
Capitalvue reported that, prices of steam coal yielding 5,500 kilocalories per kilogram (kcal/kg) in Qinhuangdao Port have risen five yuan to 715-72 ...
Thursday, 14 October 10
DRY BULK MARKET MAINTAINS POSITIVE TREND ON FIRMER CHINESE IRON ORE DEMAND
The dry bulk market has kept its upward trend set since last week, with the industry’s main benchmark, the Baltic Dry Index (BDI) rising to 2, ...
Tuesday, 12 October 10
DRY BULK MARKET LOOKING FOR DIRECTION AFTER WEEK OF CAPESIZE GROWTH
The dry bulk market ended Monday unchanged from Friday’s closing, today standing at 2,695 points. In summary, the capesize and the supramax se ...
Tuesday, 12 October 10
COAL SPOT TRADING MAY SOOTH PRICING CONFLICTS - GLOBAL TIMES
Global Times reported that, Tianjin-based Bohai Commodity Exchange launched steam coal for spot trading for the first time Monday. Steam coal is mai ...
Monday, 11 October 10
INDONESIAN POWER PLANTS AND OTHER INDUSTRIES TO BURN 78.97 MLN TONS OF COAL IN 2011
COALspot.com: The Minister of Energy and Mineral Resources of Indonesia has issued a ministerial degree 2360 K/30/MEM/ 2010 related to Domestic mark ...
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- Antam Resourcindo - Indonesia
- Grasim Industreis Ltd - India
- Bukit Baiduri Energy - Indonesia
- Electricity Generating Authority of Thailand
- IHS Mccloskey Coal Group - USA
- Sarangani Energy Corporation, Philippines
- ASAPP Information Group - India
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- Africa Commodities Group - South Africa
- Wood Mackenzie - Singapore
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- Trasteel International SA, Italy
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- The Treasury - Australian Government
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- Economic Council, Georgia
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- Medco Energi Mining Internasional
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- Bukit Makmur.PT - Indonesia
- Rio Tinto Coal - Australia
- Georgia Ports Authority, United States
- San Jose City I Power Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Petron Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
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- Posco Energy - South Korea
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- Bangladesh Power Developement Board
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- Indian Energy Exchange, India
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- TeaM Sual Corporation - Philippines
- Eastern Energy - Thailand
- Bharathi Cement Corporation - India
- Parliament of New Zealand
- Leighton Contractors Pty Ltd - Australia
- Independent Power Producers Association of India
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- IEA Clean Coal Centre - UK
- TNB Fuel Sdn Bhd - Malaysia
- Jaiprakash Power Ventures ltd
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- Oldendorff Carriers - Singapore
- MS Steel International - UAE
- Samtan Co., Ltd - South Korea
- Bulk Trading Sa - Switzerland
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- Cement Manufacturers Association - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Mines - Canada
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- PNOC Exploration Corporation - Philippines
- Planning Commission, India
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- Alfred C Toepfer International GmbH - Germany
- Price Waterhouse Coopers - Russia
- Electricity Authority, New Zealand
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- Riau Bara Harum - Indonesia
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- New Zealand Coal & Carbon
- Jorong Barutama Greston.PT - Indonesia
- Singapore Mercantile Exchange
- Merrill Lynch Commodities Europe
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- Timah Investasi Mineral - Indoneisa
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- White Energy Company Limited
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- Bhatia International Limited - India
- Siam City Cement - Thailand
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- Port Waratah Coal Services - Australia
- Global Business Power Corporation, Philippines
- Romanian Commodities Exchange
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Cigading International Bulk Terminal - Indonesia
- Mjunction Services Limited - India
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- Edison Trading Spa - Italy
- Wilmar Investment Holdings
- Indian Oil Corporation Limited
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- Global Coal Blending Company Limited - Australia
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- Salva Resources Pvt Ltd - India
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