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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, 04 April 12
CHURCHILL MINING TO ACCELERATE INTERNATIONAL ARBITRATION AGAINST INDONESIA
Churchill Mining plc (AIM: CHL), advises that notations on the Indonesian Supreme Court's register of cases shows the Supreme Court has rejected th ...
Monday, 02 April 12
BANGLADESH EYEING INDONESIA FOR COAL
COALspot.com - The high level executives of Center for Environmental and Geographic Information Services (CEGIS) of Bangladesh is visiting Ind ...
Monday, 02 April 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
The first quarter of the New Year ended with the BDI standing 42% above from the 26 years’ bottom low of 662 points on February 1st, and a pos ...
Saturday, 31 March 12
THE BDI CONTINUED TO MOVE UPWARD - VISTAAR
COALspot.com - The BDI continued to move upward and rose by 2.86 pct closing at 934 points.
The cape index was up by 3.14 pct closing at 1,412 po ...
Saturday, 31 March 12
SRI LANKA IMPORTS 152,555 MT OF INDONESIAN COAL IN FEBRUARY
COALspot.com: Indonesia, the world largest coal exporter, shipped 27.126* million tons of coal in February 2012, compared to 28.21* million to ...
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- Renaissance Capital - South Africa
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- Marubeni Corporation - India
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- Oldendorff Carriers - Singapore
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- Standard Chartered Bank - UAE
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- Metalloyd Limited - United Kingdom
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- PTC India Limited - India
- Therma Luzon, Inc, Philippines
- CNBM International Corporation - China
- Wood Mackenzie - Singapore
- Merrill Lynch Commodities Europe
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- Energy Link Ltd, New Zealand
- New Zealand Coal & Carbon
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- Simpson Spence & Young - Indonesia
- San Jose City I Power Corp, Philippines
- Interocean Group of Companies - India
- Orica Mining Services - Indonesia
- Power Finance Corporation Ltd., India
- Dalmia Cement Bharat India
- Electricity Generating Authority of Thailand
- PowerSource Philippines DevCo
- Eastern Energy - Thailand
- Indian Oil Corporation Limited
- Mjunction Services Limited - India
- Ministry of Finance - Indonesia
- Economic Council, Georgia
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- Kapuas Tunggal Persada - Indonesia
- Bhatia International Limited - India
- Indika Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- Grasim Industreis Ltd - India
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- Energy Development Corp, Philippines
- Africa Commodities Group - South Africa
- ASAPP Information Group - India
- Barasentosa Lestari - Indonesia
- Tata Chemicals Ltd - India
- Global Coal Blending Company Limited - Australia
- Deloitte Consulting - India
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- Pipit Mutiara Jaya. PT, Indonesia
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- Edison Trading Spa - Italy
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- Australian Commodity Traders Exchange
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- White Energy Company Limited
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- Mintek Dendrill Indonesia
- Singapore Mercantile Exchange
- Xindia Steels Limited - India
- Port Waratah Coal Services - Australia
- Sarangani Energy Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Miang Besar Coal Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Rio Tinto Coal - Australia
- IHS Mccloskey Coal Group - USA
- Kepco SPC Power Corporation, Philippines
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- Ministry of Transport, Egypt
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- Planning Commission, India
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- Toyota Tsusho Corporation, Japan
- Ceylon Electricity Board - Sri Lanka
- Directorate General of MIneral and Coal - Indonesia
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- India Bulls Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Formosa Plastics Group - Taiwan
- Chamber of Mines of South Africa
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- Leighton Contractors Pty Ltd - Australia
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- Rashtriya Ispat Nigam Limited - India
- Ministry of Mines - Canada
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- Thai Mozambique Logistica
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- Siam City Cement - Thailand
- Electricity Authority, New Zealand
- Billiton Holdings Pty Ltd - Australia
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- Indo Tambangraya Megah - Indonesia
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- Coalindo Energy - Indonesia
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- Jaiprakash Power Ventures ltd
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- Jindal Steel & Power Ltd - India
- The Treasury - Australian Government
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- Parry Sugars Refinery, India
- Anglo American - United Kingdom
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- Medco Energi Mining Internasional
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- Agrawal Coal Company - India
- Kumho Petrochemical, South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Mineral Development Corp Ltd - India
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- Kobexindo Tractors - Indoneisa
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