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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, 02 January 12
THE PROMISE OF INDIA: A BRIEF INTERRUPTION? - CLARKSONS / HELLENIC SHIPPING
Future growth in Indian seaborne coal imports has sometimes been considered as one of the largest potential upsides in the currently oversupplied dr ...
Sunday, 01 January 12
IS INDIA FOLLOWING INDONESIA TO STANDARDIZE COAL PRICES TO GET MAXIMUM BENEFITS?
COALspot.com - Coal India limited, an Indian state owned and world largest coal producer has introduced gross calorific value (GCV) based pricing me ...
Saturday, 31 December 11
GLOBALCOAL NEWC INDEX SURGED 2.32 PERCENT
COALspot.com - globalCOAL index in Newcastle Port, benchmark for Asian market, ended substantially higher, surged 2.32 percent to US$115.47 per ...
Saturday, 31 December 11
BORNEO LUMBUNG TO BUY BUMI STAKE, SWAP CEO - THE JAKARTA GLOBE
The Jakarta Globe, one of the leading english news paper in Indonesia reported yesterday, shareholders of Indonesian coking coal miner Borneo Lumbun ...
Friday, 30 December 11
CENTRAL GOVERNMENT SHOULD ISSUE PERMITS - THE JAKARTA POST
The Jakarta Post reported that, business associations from both the palm oil and mining sectors have suggested that the central government should re ...
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- International Coal Ventures Pvt Ltd - India
- Indian Energy Exchange, India
- Interocean Group of Companies - India
- Africa Commodities Group - South Africa
- Edison Trading Spa - Italy
- Ministry of Mines - Canada
- Indian Oil Corporation Limited
- Goldman Sachs - Singapore
- Sree Jayajothi Cements Limited - India
- SMG Consultants - Indonesia
- Petron Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Trasteel International SA, Italy
- IEA Clean Coal Centre - UK
- Billiton Holdings Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Borneo Indobara - Indonesia
- VISA Power Limited - India
- Chamber of Mines of South Africa
- Sarangani Energy Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- The State Trading Corporation of India Ltd
- South Luzon Thermal Energy Corporation
- Merrill Lynch Commodities Europe
- Planning Commission, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coalindo Energy - Indonesia
- PTC India Limited - India
- Bukit Makmur.PT - Indonesia
- Metalloyd Limited - United Kingdom
- Mercuria Energy - Indonesia
- Semirara Mining Corp, Philippines
- The Treasury - Australian Government
- Heidelberg Cement - Germany
- Essar Steel Hazira Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Indogreen Group - Indonesia
- Formosa Plastics Group - Taiwan
- Maheswari Brothers Coal Limited - India
- Miang Besar Coal Terminal - Indonesia
- Mercator Lines Limited - India
- Makarim & Taira - Indonesia
- Orica Mining Services - Indonesia
- Renaissance Capital - South Africa
- Xindia Steels Limited - India
- McConnell Dowell - Australia
- San Jose City I Power Corp, Philippines
- Bulk Trading Sa - Switzerland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Price Waterhouse Coopers - Russia
- TNB Fuel Sdn Bhd - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Economic Council, Georgia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kartika Selabumi Mining - Indonesia
- PowerSource Philippines DevCo
- Australian Coal Association
- Lanco Infratech Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Coal and Oil Company - UAE
- Kohat Cement Company Ltd. - Pakistan
- Energy Development Corp, Philippines
- Simpson Spence & Young - Indonesia
- Latin American Coal - Colombia
- GN Power Mariveles Coal Plant, Philippines
- Salva Resources Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Vijayanagar Sugar Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Bangladesh Power Developement Board
- Star Paper Mills Limited - India
- Wood Mackenzie - Singapore
- Aboitiz Power Corporation - Philippines
- Kumho Petrochemical, South Korea
- White Energy Company Limited
- Semirara Mining and Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Grasim Industreis Ltd - India
- Samtan Co., Ltd - South Korea
- Thai Mozambique Logistica
- Madhucon Powers Ltd - India
- Jindal Steel & Power Ltd - India
- Iligan Light & Power Inc, Philippines
- Malabar Cements Ltd - India
- Electricity Authority, New Zealand
- New Zealand Coal & Carbon
- Sojitz Corporation - Japan
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- Ministry of Transport, Egypt
- Baramulti Group, Indonesia
- Anglo American - United Kingdom
- Mintek Dendrill Indonesia
- Kapuas Tunggal Persada - Indonesia
- Parliament of New Zealand
- Rashtriya Ispat Nigam Limited - India
- Alfred C Toepfer International GmbH - Germany
- Barasentosa Lestari - Indonesia
- Meralco Power Generation, Philippines
- GVK Power & Infra Limited - India
- Independent Power Producers Association of India
- Kaltim Prima Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Coal Council - USA
- Eastern Energy - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Gujarat Sidhee Cement - India
- Global Business Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Tata Chemicals Ltd - India
- Vizag Seaport Private Limited - India
- Deloitte Consulting - India
- Ministry of Finance - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- MS Steel International - UAE
- GAC Shipping (India) Pvt Ltd
- Electricity Generating Authority of Thailand
- Kideco Jaya Agung - Indonesia
- Cement Manufacturers Association - India
- Bahari Cakrawala Sebuku - Indonesia
- ASAPP Information Group - India
- Globalindo Alam Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- Minerals Council of Australia
- Marubeni Corporation - India
- Romanian Commodities Exchange
- Dalmia Cement Bharat India
- Tamil Nadu electricity Board
- SMC Global Power, Philippines
- Rio Tinto Coal - Australia
- Thiess Contractors Indonesia
- Posco Energy - South Korea
- Power Finance Corporation Ltd., India
- Global Green Power PLC Corporation, Philippines
- Siam City Cement PLC, Thailand
- Pendopo Energi Batubara - Indonesia
- Central Electricity Authority - India
- Ambuja Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Commodity Traders Exchange
- Antam Resourcindo - Indonesia
- The University of Queensland
- Videocon Industries ltd - India
- AsiaOL BioFuels Corp., Philippines
- Parry Sugars Refinery, India
- Sakthi Sugars Limited - India
- CNBM International Corporation - China
- Meenaskhi Energy Private Limited - India
- Bharathi Cement Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Savvy Resources Ltd - HongKong
- Jaiprakash Power Ventures ltd
- Aditya Birla Group - India
- Gujarat Mineral Development Corp Ltd - India
- Oldendorff Carriers - Singapore
- Singapore Mercantile Exchange
- Carbofer General Trading SA - India
- Pipit Mutiara Jaya. PT, Indonesia
- Chettinad Cement Corporation Ltd - India
- Wilmar Investment Holdings
- PetroVietnam Power Coal Import and Supply Company
- CIMB Investment Bank - Malaysia
- Mjunction Services Limited - India
- Karaikal Port Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- European Bulk Services B.V. - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Commonwealth Bank - Australia
- Orica Australia Pty. Ltd.
- GMR Energy Limited - India
- London Commodity Brokers - England
- Ceylon Electricity Board - Sri Lanka
- Sical Logistics Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Uttam Galva Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Banpu Public Company Limited - Thailand
- Coastal Gujarat Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- India Bulls Power Limited - India
- PNOC Exploration Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Indika Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Ind-Barath Power Infra Limited - India
- ICICI Bank Limited - India
- LBH Netherlands Bv - Netherlands
- Standard Chartered Bank - UAE
- Therma Luzon, Inc, Philippines
- Attock Cement Pakistan Limited
- Central Java Power - Indonesia
- Binh Thuan Hamico - Vietnam
- Siam City Cement - Thailand
- Altura Mining Limited, Indonesia
- Straits Asia Resources Limited - Singapore
- Bhushan Steel Limited - India
- Medco Energi Mining Internasional
- Agrawal Coal Company - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Larsen & Toubro Limited - India
- Gujarat Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Indonesian Coal Mining Association
- TeaM Sual Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
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