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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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Tuesday, 22 May 12
NEW ONE-YEAR TIME CHARTERS FOR TWO VESSELS OF EXCEL MARITIME CARRIERS LTD.
Excel Maritime Carriers Ltd. (NYSE: EXM), an owner and operator of dry bulk carriers and an international provider of worldwide seaborne transportat ...
Tuesday, 22 May 12
DRY BULK MARKET STEADY, AWAITING FURTHER RISE IN DEMAND WHICH IS DOUBTFUL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Traditionally, the second and third quarters of the year are the strongest for the dry bulk market, but this year, things seem to be quite subdued, ...
Sunday, 20 May 12
SPOT FREIGHT RATE DIPS FURTHER - VISTAAR
COALspot.com - The BDI was marginally up by 3 points (0.26 pct) closing at 1,141 points.
The cape index was up by 1.17 pct closing at 1,633 point ...
Saturday, 19 May 12
INDONESIAN SUB-BITUMINOUS COAL SWAPS DROP US$ 2.88 PMT W-O-W
COALspot.com - Indonesian sub-bituminous coal swaps and CFR South China coal contracts for June deliveries have drops this week by 3.86 percent and& ...
Saturday, 19 May 12
INDONESIAN EXPORT TAX GIVES COAL MINERS A CHEAP RIDE: ANALYSTS - THE JAKARTA GLOBE
The Jakarta Globe reported that, Indonesia’s policy to exclude coal from an export tax that has been applied to 14 other mineral commodities h ...
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- Bukit Makmur.PT - Indonesia
- Port Waratah Coal Services - Australia
- Salva Resources Pvt Ltd - India
- Heidelberg Cement - Germany
- Jindal Steel & Power Ltd - India
- Thiess Contractors Indonesia
- Kumho Petrochemical, South Korea
- Essar Steel Hazira Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement - Thailand
- Timah Investasi Mineral - Indoneisa
- Petron Corporation, Philippines
- Wood Mackenzie - Singapore
- Bulk Trading Sa - Switzerland
- Bhoruka Overseas - Indonesia
- Bangladesh Power Developement Board
- Iligan Light & Power Inc, Philippines
- Latin American Coal - Colombia
- PetroVietnam Power Coal Import and Supply Company
- Vedanta Resources Plc - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- Alfred C Toepfer International GmbH - Germany
- TNB Fuel Sdn Bhd - Malaysia
- CNBM International Corporation - China
- Energy Link Ltd, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Thai Mozambique Logistica
- Sakthi Sugars Limited - India
- Lanco Infratech Ltd - India
- Metalloyd Limited - United Kingdom
- Power Finance Corporation Ltd., India
- Africa Commodities Group - South Africa
- Minerals Council of Australia
- Attock Cement Pakistan Limited
- Antam Resourcindo - Indonesia
- Global Coal Blending Company Limited - Australia
- Indian Oil Corporation Limited
- GVK Power & Infra Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Meralco Power Generation, Philippines
- Uttam Galva Steels Limited - India
- McConnell Dowell - Australia
- The Treasury - Australian Government
- Chamber of Mines of South Africa
- Carbofer General Trading SA - India
- Straits Asia Resources Limited - Singapore
- Kideco Jaya Agung - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Energy - Thailand
- Leighton Contractors Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- Maheswari Brothers Coal Limited - India
- Indonesian Coal Mining Association
- Miang Besar Coal Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Bayan Resources Tbk. - Indonesia
- Agrawal Coal Company - India
- Siam City Cement PLC, Thailand
- Goldman Sachs - Singapore
- Krishnapatnam Port Company Ltd. - India
- Singapore Mercantile Exchange
- Wilmar Investment Holdings
- Formosa Plastics Group - Taiwan
- Coalindo Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Planning Commission, India
- Economic Council, Georgia
- Kepco SPC Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Interocean Group of Companies - India
- Makarim & Taira - Indonesia
- San Jose City I Power Corp, Philippines
- Star Paper Mills Limited - India
- Commonwealth Bank - Australia
- Toyota Tsusho Corporation, Japan
- Global Green Power PLC Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Grasim Industreis Ltd - India
- PNOC Exploration Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Posco Energy - South Korea
- The State Trading Corporation of India Ltd
- Mercuria Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- New Zealand Coal & Carbon
- Cement Manufacturers Association - India
- Oldendorff Carriers - Singapore
- Electricity Authority, New Zealand
- Renaissance Capital - South Africa
- Maharashtra Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Mjunction Services Limited - India
- Central Java Power - Indonesia
- Orica Mining Services - Indonesia
- Merrill Lynch Commodities Europe
- Altura Mining Limited, Indonesia
- White Energy Company Limited
- Standard Chartered Bank - UAE
- SMC Global Power, Philippines
- Central Electricity Authority - India
- European Bulk Services B.V. - Netherlands
- LBH Netherlands Bv - Netherlands
- IEA Clean Coal Centre - UK
- Tata Chemicals Ltd - India
- Indika Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- The University of Queensland
- Parry Sugars Refinery, India
- Directorate General of MIneral and Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Therma Luzon, Inc, Philippines
- Savvy Resources Ltd - HongKong
- VISA Power Limited - India
- Sical Logistics Limited - India
- TeaM Sual Corporation - Philippines
- GMR Energy Limited - India
- Gujarat Sidhee Cement - India
- Xindia Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Indogreen Group - Indonesia
- Vizag Seaport Private Limited - India
- Global Business Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Independent Power Producers Association of India
- Kohat Cement Company Ltd. - Pakistan
- SMG Consultants - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining Corp, Philippines
- London Commodity Brokers - England
- Energy Development Corp, Philippines
- Ministry of Mines - Canada
- Georgia Ports Authority, United States
- Sojitz Corporation - Japan
- PTC India Limited - India
- Ministry of Transport, Egypt
- Rio Tinto Coal - Australia
- ASAPP Information Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Deloitte Consulting - India
- Sarangani Energy Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- PowerSource Philippines DevCo
- Coastal Gujarat Power Limited - India
- MS Steel International - UAE
- Madhucon Powers Ltd - India
- Ind-Barath Power Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Ceylon Electricity Board - Sri Lanka
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Coal Council - USA
- SN Aboitiz Power Inc, Philippines
- Videocon Industries ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Intertek Mineral Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Pendopo Energi Batubara - Indonesia
- Aboitiz Power Corporation - Philippines
- Coal and Oil Company - UAE
- Mintek Dendrill Indonesia
- Mercator Lines Limited - India
- India Bulls Power Limited - India
- Indian Energy Exchange, India
- Sindya Power Generating Company Private Ltd
- Larsen & Toubro Limited - India
- Bhatia International Limited - India
- Meenaskhi Energy Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Kapuas Tunggal Persada - Indonesia
- Malabar Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Ambuja Cements Ltd - India
- Jaiprakash Power Ventures ltd
- Medco Energi Mining Internasional
- Aditya Birla Group - India
- Samtan Co., Ltd - South Korea
- ICICI Bank Limited - India
- Kobexindo Tractors - Indoneisa
- Dalmia Cement Bharat India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Orica Australia Pty. Ltd.
- Simpson Spence & Young - Indonesia
- Baramulti Group, Indonesia
- Trasteel International SA, Italy
- Bhushan Steel Limited - India
- Kartika Selabumi Mining - Indonesia
- Romanian Commodities Exchange
- Anglo American - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- Price Waterhouse Coopers - Russia
- GAC Shipping (India) Pvt Ltd
- Banpu Public Company Limited - Thailand
- Marubeni Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Borneo Indobara - Indonesia
- Ministry of Finance - Indonesia
- Australian Coal Association
- IHS Mccloskey Coal Group - USA
- Australian Commodity Traders Exchange
- CIMB Investment Bank - Malaysia
- Parliament of New Zealand
- Globalindo Alam Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Edison Trading Spa - Italy
- Tamil Nadu electricity Board
- Riau Bara Harum - Indonesia
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