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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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Monday, 20 February 12
COAL BOOM AND ENVIRONMENTAL CONCERN - SUNIL K KUMBHAT
COALspot.com - The dawn of the 21st century has seen a shift in the world's commercial balance of power, with the dominance of the US, Europe and J ...
Sunday, 19 February 12
THE SPOT FIXTURE RATES WERE REPORTED AT HIGH LEVELS - VISTAAR
COALspot.com - "The markets seems to holding back this week appears the momentum which picked up last week may slow down" - Capt. Reddy of ...
Sunday, 19 February 12
INDIKA ACQUIRES MULTI TAMBANGJAYA - INSIDER STORIES
Insider Stories reported that, PT Indika Energy Tbk (INDY) announced that wholly-owned subsidiaries have signed a conditional sale and purchase agre ...
Friday, 17 February 12
COLOMBIA COAL PRODUCTION, EXPORTS JUMP IN 2011: GOVT - COLOMBIA REPORTS
Colombia Reports reported that, colombia's coal production jumped 15.4% in 2011 to 85.8 million tonnes versus the previous year while exports rose ...
Thursday, 16 February 12
GEARING UP FOR THE EMERGING OIL & GAS OPPORTUNITIES IN MYANMAR
Press Release - Myanmar Ministry of Energy and Centre for Management Technology (CMT) to Co-host MOGP (Myanmar Oil, Gas & Power) Summit on 28 - ...
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- AsiaOL BioFuels Corp., Philippines
- Essar Steel Hazira Ltd - India
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- Indogreen Group - Indonesia
- Ministry of Mines - Canada
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ICICI Bank Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Medco Energi Mining Internasional
- Kobexindo Tractors - Indoneisa
- Toyota Tsusho Corporation, Japan
- Indian Energy Exchange, India
- Maheswari Brothers Coal Limited - India
- Africa Commodities Group - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mintek Dendrill Indonesia
- Semirara Mining Corp, Philippines
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- Interocean Group of Companies - India
- London Commodity Brokers - England
- Jorong Barutama Greston.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
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- Commonwealth Bank - Australia
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- The University of Queensland
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- Straits Asia Resources Limited - Singapore
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- Lanco Infratech Ltd - India
- The State Trading Corporation of India Ltd
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- Jindal Steel & Power Ltd - India
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- MS Steel International - UAE
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- Romanian Commodities Exchange
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- South Luzon Thermal Energy Corporation
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Metalloyd Limited - United Kingdom
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- Coal and Oil Company - UAE
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- Bayan Resources Tbk. - Indonesia
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- Global Business Power Corporation, Philippines
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- Mercuria Energy - Indonesia
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- Heidelberg Cement - Germany
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- GMR Energy Limited - India
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- Bhatia International Limited - India
- Planning Commission, India
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- Mjunction Services Limited - India
- Larsen & Toubro Limited - India
- Central Electricity Authority - India
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- Globalindo Alam Lestari - Indonesia
- Xindia Steels Limited - India
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- Indian Oil Corporation Limited
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- Tamil Nadu electricity Board
- OPG Power Generation Pvt Ltd - India
- PowerSource Philippines DevCo
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- Sindya Power Generating Company Private Ltd
- Ministry of Transport, Egypt
- Pipit Mutiara Jaya. PT, Indonesia
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- Edison Trading Spa - Italy
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- Therma Luzon, Inc, Philippines
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- Economic Council, Georgia
- Goldman Sachs - Singapore
- Chamber of Mines of South Africa
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- Krishnapatnam Port Company Ltd. - India
- Minerals Council of Australia
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- Ambuja Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
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- Anglo American - United Kingdom
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- Thiess Contractors Indonesia
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- Altura Mining Limited, Indonesia
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- The Treasury - Australian Government
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- Samtan Co., Ltd - South Korea
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- Bangladesh Power Developement Board
- Port Waratah Coal Services - Australia
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- Australian Commodity Traders Exchange
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- IHS Mccloskey Coal Group - USA
- Orica Australia Pty. Ltd.
- Aditya Birla Group - India
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- Timah Investasi Mineral - Indoneisa
- LBH Netherlands Bv - Netherlands
- Coalindo Energy - Indonesia
- Intertek Mineral Services - Indonesia
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- Kideco Jaya Agung - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Riau Bara Harum - Indonesia
- Wood Mackenzie - Singapore
- Mercator Lines Limited - India
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- Leighton Contractors Pty Ltd - Australia
- Eastern Coal Council - USA
- White Energy Company Limited
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