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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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Friday, 22 June 12
GLOBAL ACTION NEEDED ON ENERGY POVERTY - WORLD COAL
Eradicating energy poverty is possibly the biggest challenge facing the world today. Like climate change it can only be addressed with a concerted g ...
Friday, 22 June 12
COAL: THE BACKBONE OF MODERN ELECTRICITY - ECOAL
Coal has been described as the "forgotten fuel," perhaps because many aren't aware of the huge role it plays in powering the global econo ...
Thursday, 21 June 12
DRY BULK MARKET ON THE RISE AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market was on the rise once again yesterday, with the Baltic Dry Index (BDI), the industry’s benchmark, rising by 18 points, or 1 ...
Wednesday, 20 June 12
BDI MOVING HIGHER, PANAMAX AND SUPRAMAX VESSELS STRONGER, CAPESIZE RATES NEAR TO HISTORICAL LOWS OF DECEMBER 2008 - MARIA BERTZELETOU, HELLENIC SHIPPING
The dry market seems to follow the dynamic of the previous week with the Baltic Dry Index showing daily increases since June 8th, but is still stand ...
Tuesday, 19 June 12
SMALLER DRY BULK CARRIERS LIFT UP MARKET, PANAMAXES SET TO FALL SAYS ANALYST - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Another rise for the dry bulk market was evident yesterday, as the industry’s benchmark, the BDI (Baltic Dry Index) was up for a ninth straigh ...
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- Sakthi Sugars Limited - India
- Iligan Light & Power Inc, Philippines
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- Thiess Contractors Indonesia
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- Orica Australia Pty. Ltd.
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- TeaM Sual Corporation - Philippines
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- The Treasury - Australian Government
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- Posco Energy - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indonesian Coal Mining Association
- Billiton Holdings Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
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- Minerals Council of Australia
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- Rashtriya Ispat Nigam Limited - India
- Singapore Mercantile Exchange
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- Chamber of Mines of South Africa
- Vedanta Resources Plc - India
- Electricity Authority, New Zealand
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- New Zealand Coal & Carbon
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- Dalmia Cement Bharat India
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- Coastal Gujarat Power Limited - India
- Independent Power Producers Association of India
- Leighton Contractors Pty Ltd - Australia
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- Power Finance Corporation Ltd., India
- Cement Manufacturers Association - India
- GAC Shipping (India) Pvt Ltd
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tamil Nadu electricity Board
- Kohat Cement Company Ltd. - Pakistan
- PowerSource Philippines DevCo
- Baramulti Group, Indonesia
- Bayan Resources Tbk. - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- IHS Mccloskey Coal Group - USA
- Salva Resources Pvt Ltd - India
- Electricity Generating Authority of Thailand
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- International Coal Ventures Pvt Ltd - India
- MS Steel International - UAE
- European Bulk Services B.V. - Netherlands
- Eastern Energy - Thailand
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- Kartika Selabumi Mining - Indonesia
- London Commodity Brokers - England
- Petrochimia International Co. Ltd.- Taiwan
- Krishnapatnam Port Company Ltd. - India
- Sical Logistics Limited - India
- Edison Trading Spa - Italy
- Miang Besar Coal Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Sarangani Energy Corporation, Philippines
- Borneo Indobara - Indonesia
- White Energy Company Limited
- Cigading International Bulk Terminal - Indonesia
- GVK Power & Infra Limited - India
- Formosa Plastics Group - Taiwan
- Goldman Sachs - Singapore
- Madhucon Powers Ltd - India
- The University of Queensland
- IEA Clean Coal Centre - UK
- OPG Power Generation Pvt Ltd - India
- Thai Mozambique Logistica
- Mercuria Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- GMR Energy Limited - India
- Deloitte Consulting - India
- Orica Mining Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Binh Thuan Hamico - Vietnam
- Georgia Ports Authority, United States
- Heidelberg Cement - Germany
- Energy Development Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- Uttam Galva Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Antam Resourcindo - Indonesia
- Medco Energi Mining Internasional
- Grasim Industreis Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sree Jayajothi Cements Limited - India
- VISA Power Limited - India
- Global Business Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Altura Mining Limited, Indonesia
- Indogreen Group - Indonesia
- Economic Council, Georgia
- Australian Commodity Traders Exchange
- Ceylon Electricity Board - Sri Lanka
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- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- India Bulls Power Limited - India
- Carbofer General Trading SA - India
- Indika Energy - Indonesia
- CNBM International Corporation - China
- Straits Asia Resources Limited - Singapore
- Star Paper Mills Limited - India
- Price Waterhouse Coopers - Russia
- Meenaskhi Energy Private Limited - India
- Essar Steel Hazira Ltd - India
- Parliament of New Zealand
- Bukit Baiduri Energy - Indonesia
- Planning Commission, India
- Rio Tinto Coal - Australia
- Meralco Power Generation, Philippines
- Siam City Cement - Thailand
- Therma Luzon, Inc, Philippines
- South Luzon Thermal Energy Corporation
- Commonwealth Bank - Australia
- Bharathi Cement Corporation - India
- Barasentosa Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Energy Link Ltd, New Zealand
- Maheswari Brothers Coal Limited - India
- LBH Netherlands Bv - Netherlands
- Oldendorff Carriers - Singapore
- Ministry of Mines - Canada
- Indo Tambangraya Megah - Indonesia
- Siam City Cement PLC, Thailand
- Trasteel International SA, Italy
- GN Power Mariveles Coal Plant, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Parry Sugars Refinery, India
- Directorate General of MIneral and Coal - Indonesia
- Lanco Infratech Ltd - India
- Global Green Power PLC Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Karbindo Abesyapradhi - Indoneisa
- Kideco Jaya Agung - Indonesia
- Africa Commodities Group - South Africa
- ICICI Bank Limited - India
- Mercator Lines Limited - India
- Metalloyd Limited - United Kingdom
- Larsen & Toubro Limited - India
- Eastern Coal Council - USA
- Mintek Dendrill Indonesia
- Indian Energy Exchange, India
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining and Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Makarim & Taira - Indonesia
- Simpson Spence & Young - Indonesia
- Kaltim Prima Coal - Indonesia
- Videocon Industries ltd - India
- Wood Mackenzie - Singapore
- Pendopo Energi Batubara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Toyota Tsusho Corporation, Japan
- Karaikal Port Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bulk Trading Sa - Switzerland
- Wilmar Investment Holdings
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- Bukit Makmur.PT - Indonesia
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- Merrill Lynch Commodities Europe
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