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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, 27 January 12
DEMOLITION ACTIVITY NEEDS TO INCREASE SIGNIFICANTLY THIS YEAR AS WELL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The oversupply of vessels in most shipping sectors is so intense that it’s become clear to ship owners that unless they scrap as many of their ...
Thursday, 26 January 12
ABM INVESTAMA SEALS US$100 MIO CONTRACT - INSIDER STORIES
Insider Stories reported that, PT Reswara Minergi Hartama, a subsidary of PT ABM Investama Tbk (ABMM), has sealed a 2 million tons of coal export co ...
Thursday, 26 January 12
DRY BULK MARKETS DOWNFALL KNOWS NO LIMITS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s demise seems to have no visible end, as China’s Lunar Year Holidays continue this week, thus leaving demand with n ...
Wednesday, 25 January 12
CLEAN AND CLEAR MINING PERMITS TO BE COMPLETED END OF 2012 - BISNIS.COM
Bisnis.com reported that, the government plans to announce 700 mining permits with "clean and clear" status without overlapping on other p ...
Tuesday, 24 January 12
ANOTHER SEVERE DROP IN THE CAPESIZE - BRS
The lunar year celebrations and the high number of new building deliveries (more than 35 Capes so far in January as owners push 2011 deliveries into ...
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Energy Exchange, India
- Savvy Resources Ltd - HongKong
- Economic Council, Georgia
- Larsen & Toubro Limited - India
- PTC India Limited - India
- Bharathi Cement Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Intertek Mineral Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Videocon Industries ltd - India
- ICICI Bank Limited - India
- Xindia Steels Limited - India
- Rio Tinto Coal - Australia
- London Commodity Brokers - England
- Independent Power Producers Association of India
- Global Coal Blending Company Limited - Australia
- Wood Mackenzie - Singapore
- Posco Energy - South Korea
- Australian Coal Association
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Transport, Egypt
- Star Paper Mills Limited - India
- Wilmar Investment Holdings
- Goldman Sachs - Singapore
- Tamil Nadu electricity Board
- Marubeni Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Riau Bara Harum - Indonesia
- Thiess Contractors Indonesia
- Global Business Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Electricity Generating Authority of Thailand
- Tata Chemicals Ltd - India
- Antam Resourcindo - Indonesia
- Anglo American - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Orica Mining Services - Indonesia
- Commonwealth Bank - Australia
- Global Green Power PLC Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- CIMB Investment Bank - Malaysia
- Iligan Light & Power Inc, Philippines
- Chamber of Mines of South Africa
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- Coastal Gujarat Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Latin American Coal - Colombia
- Therma Luzon, Inc, Philippines
- Kobexindo Tractors - Indoneisa
- India Bulls Power Limited - India
- Indogreen Group - Indonesia
- MS Steel International - UAE
- Directorate Of Revenue Intelligence - India
- SMC Global Power, Philippines
- Formosa Plastics Group - Taiwan
- Parry Sugars Refinery, India
- Mercuria Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Africa Commodities Group - South Africa
- Sical Logistics Limited - India
- Pendopo Energi Batubara - Indonesia
- Samtan Co., Ltd - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Aboitiz Power Corporation - Philippines
- The University of Queensland
- Carbofer General Trading SA - India
- Cigading International Bulk Terminal - Indonesia
- GVK Power & Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- IHS Mccloskey Coal Group - USA
- Sree Jayajothi Cements Limited - India
- IEA Clean Coal Centre - UK
- Thai Mozambique Logistica
- Energy Development Corp, Philippines
- Deloitte Consulting - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- White Energy Company Limited
- Eastern Coal Council - USA
- Semirara Mining Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- TeaM Sual Corporation - Philippines
- Australian Commodity Traders Exchange
- Sindya Power Generating Company Private Ltd
- Bhoruka Overseas - Indonesia
- The Treasury - Australian Government
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- Makarim & Taira - Indonesia
- Ambuja Cements Ltd - India
- Interocean Group of Companies - India
- McConnell Dowell - Australia
- Merrill Lynch Commodities Europe
- SN Aboitiz Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mjunction Services Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Coal and Oil Company - UAE
- Central Electricity Authority - India
- Dalmia Cement Bharat India
- Singapore Mercantile Exchange
- GAC Shipping (India) Pvt Ltd
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- Renaissance Capital - South Africa
- Minerals Council of Australia
- Metalloyd Limited - United Kingdom
- Vedanta Resources Plc - India
- Chettinad Cement Corporation Ltd - India
- Kumho Petrochemical, South Korea
- Uttam Galva Steels Limited - India
- Malabar Cements Ltd - India
- Georgia Ports Authority, United States
- Bhushan Steel Limited - India
- Barasentosa Lestari - Indonesia
- Ministry of Finance - Indonesia
- AsiaOL BioFuels Corp., Philippines
- VISA Power Limited - India
- Petron Corporation, Philippines
- Meralco Power Generation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Timah Investasi Mineral - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Sidhee Cement - India
- Rashtriya Ispat Nigam Limited - India
- Bukit Baiduri Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Maheswari Brothers Coal Limited - India
- Lanco Infratech Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Bulk Trading Sa - Switzerland
- Cement Manufacturers Association - India
- Mercator Lines Limited - India
- Kapuas Tunggal Persada - Indonesia
- Indika Energy - Indonesia
- Edison Trading Spa - Italy
- Miang Besar Coal Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- Ind-Barath Power Infra Limited - India
- South Luzon Thermal Energy Corporation
- The State Trading Corporation of India Ltd
- Kaltim Prima Coal - Indonesia
- Trasteel International SA, Italy
- Baramulti Group, Indonesia
- Ceylon Electricity Board - Sri Lanka
- SMG Consultants - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Salva Resources Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Central Java Power - Indonesia
- PowerSource Philippines DevCo
- New Zealand Coal & Carbon
- Kepco SPC Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Orica Australia Pty. Ltd.
- Krishnapatnam Port Company Ltd. - India
- Madhucon Powers Ltd - India
- Indian Oil Corporation Limited
- Energy Link Ltd, New Zealand
- Eastern Energy - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- Siam City Cement PLC, Thailand
- Meenaskhi Energy Private Limited - India
- Electricity Authority, New Zealand
- Vizag Seaport Private Limited - India
- Jaiprakash Power Ventures ltd
- Gujarat Mineral Development Corp Ltd - India
- CNBM International Corporation - China
- Grasim Industreis Ltd - India
- Indo Tambangraya Megah - Indonesia
- Aditya Birla Group - India
- Romanian Commodities Exchange
- Agrawal Coal Company - India
- Coalindo Energy - Indonesia
- Attock Cement Pakistan Limited
- Port Waratah Coal Services - Australia
- Heidelberg Cement - Germany
- Bayan Resources Tbk. - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Standard Chartered Bank - UAE
- Ministry of Mines - Canada
- Sarangani Energy Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Bhatia International Limited - India
- OPG Power Generation Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Jindal Steel & Power Ltd - India
- Simpson Spence & Young - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Bangladesh Power Developement Board
- Altura Mining Limited, Indonesia
- GMR Energy Limited - India
- Planning Commission, India
- Parliament of New Zealand
- Holcim Trading Pte Ltd - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sakthi Sugars Limited - India
- Semirara Mining and Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Borneo Indobara - Indonesia
- Kartika Selabumi Mining - Indonesia
- Medco Energi Mining Internasional
- ASAPP Information Group - India
- Maharashtra Electricity Regulatory Commission - India
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