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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, 19 December 11
PLN WILL NO LONGER BUY COAL FROM TRADERS
COALspot.com - Indonesia's state electricity company PT Perusahaan Listrik Negara will no longer allow traders to become their suppliers, said, its ...
Saturday, 17 December 11
THE FREIGHT MARKET SEEMS TO HAVE ALMOST BOTTOMED OUT AND MAY REMAIN STEADY AT THESE LEVELS CAPT REDDY
COALspot.com - The BDI and Cape index closed lower this week with BDI closing at 1,888 points (down by 1.76 pct) and Cape index at 3,572 points (dow ...
Friday, 16 December 11
DRY BULK MARKET LOSES TRACK ON CAPESIZE LOSSES, SHIP FINANCING REMAINS TROUBLESOME - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market didn’t manage to sustain earlier gains, losing track yesterday, on reduced Capesize demand and persisting troubles in smal ...
Thursday, 15 December 11
BERAU SEES INDIA AS POTENTIAL MARKET FOR LOW-CALORIE COAL - THE JAKARTA POST
The Jakarta Post reported that, Publicly listed coal mining company PT Berau Coal Energy (BRAU), the fifth largest coal producer in Indonesia, sees ...
Thursday, 15 December 11
PANAMAX HARDLY AFFECTED BY THE RECENT FIRMER TENDENCY FOR THE BIG SISTERS - FEARNBULK
Handy
The rates are more or less the same as last week. Continent/US Gulf fixing at tick below USD 10k and Gulf/Continent levels at USD 25k. Trips ...
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- Rio Tinto Coal - Australia
- Maheswari Brothers Coal Limited - India
- Meralco Power Generation, Philippines
- Formosa Plastics Group - Taiwan
- Tata Chemicals Ltd - India
- Heidelberg Cement - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Energy Exchange, India
- Savvy Resources Ltd - HongKong
- Energy Development Corp, Philippines
- Deloitte Consulting - India
- Maharashtra Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- Intertek Mineral Services - Indonesia
- Ministry of Mines - Canada
- Pipit Mutiara Jaya. PT, Indonesia
- Central Java Power - Indonesia
- Bayan Resources Tbk. - Indonesia
- Xindia Steels Limited - India
- Bharathi Cement Corporation - India
- Salva Resources Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Larsen & Toubro Limited - India
- Ministry of Transport, Egypt
- Gujarat Mineral Development Corp Ltd - India
- Anglo American - United Kingdom
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Carbofer General Trading SA - India
- Indogreen Group - Indonesia
- Straits Asia Resources Limited - Singapore
- LBH Netherlands Bv - Netherlands
- Mintek Dendrill Indonesia
- Indo Tambangraya Megah - Indonesia
- Global Coal Blending Company Limited - Australia
- Trasteel International SA, Italy
- Banpu Public Company Limited - Thailand
- Wood Mackenzie - Singapore
- Rashtriya Ispat Nigam Limited - India
- Kapuas Tunggal Persada - Indonesia
- Therma Luzon, Inc, Philippines
- Siam City Cement - Thailand
- Bukit Makmur.PT - Indonesia
- PowerSource Philippines DevCo
- Altura Mining Limited, Indonesia
- Minerals Council of Australia
- IEA Clean Coal Centre - UK
- Interocean Group of Companies - India
- Semirara Mining and Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wilmar Investment Holdings
- The State Trading Corporation of India Ltd
- Antam Resourcindo - Indonesia
- Bhushan Steel Limited - India
- Aboitiz Power Corporation - Philippines
- Ambuja Cements Ltd - India
- The University of Queensland
- Planning Commission, India
- Gujarat Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- Coastal Gujarat Power Limited - India
- Agrawal Coal Company - India
- Malabar Cements Ltd - India
- Riau Bara Harum - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Commonwealth Bank - Australia
- SMG Consultants - Indonesia
- PTC India Limited - India
- Directorate Of Revenue Intelligence - India
- The Treasury - Australian Government
- ICICI Bank Limited - India
- Bukit Baiduri Energy - Indonesia
- Videocon Industries ltd - India
- Sree Jayajothi Cements Limited - India
- Power Finance Corporation Ltd., India
- Latin American Coal - Colombia
- Romanian Commodities Exchange
- SN Aboitiz Power Inc, Philippines
- ASAPP Information Group - India
- Chettinad Cement Corporation Ltd - India
- Global Business Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Mjunction Services Limited - India
- Madhucon Powers Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Economic Council, Georgia
- Vedanta Resources Plc - India
- Africa Commodities Group - South Africa
- Cement Manufacturers Association - India
- Dalmia Cement Bharat India
- Krishnapatnam Port Company Ltd. - India
- Indian Oil Corporation Limited
- Orica Mining Services - Indonesia
- Sakthi Sugars Limited - India
- South Luzon Thermal Energy Corporation
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- Holcim Trading Pte Ltd - Singapore
- Baramulti Group, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- White Energy Company Limited
- AsiaOL BioFuels Corp., Philippines
- Orica Australia Pty. Ltd.
- Sarangani Energy Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Sinarmas Energy and Mining - Indonesia
- Medco Energi Mining Internasional
- Electricity Generating Authority of Thailand
- Energy Link Ltd, New Zealand
- Bhoruka Overseas - Indonesia
- Meenaskhi Energy Private Limited - India
- Thiess Contractors Indonesia
- Australian Commodity Traders Exchange
- McConnell Dowell - Australia
- Edison Trading Spa - Italy
- OPG Power Generation Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Jaiprakash Power Ventures ltd
- Eastern Energy - Thailand
- Bangladesh Power Developement Board
- Indonesian Coal Mining Association
- Petron Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Posco Energy - South Korea
- Miang Besar Coal Terminal - Indonesia
- Independent Power Producers Association of India
- IHS Mccloskey Coal Group - USA
- Simpson Spence & Young - Indonesia
- Kartika Selabumi Mining - Indonesia
- Ministry of Finance - Indonesia
- Georgia Ports Authority, United States
- Aditya Birla Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pendopo Energi Batubara - Indonesia
- VISA Power Limited - India
- Globalindo Alam Lestari - Indonesia
- MS Steel International - UAE
- Marubeni Corporation - India
- Iligan Light & Power Inc, Philippines
- Attock Cement Pakistan Limited
- European Bulk Services B.V. - Netherlands
- Star Paper Mills Limited - India
- GAC Shipping (India) Pvt Ltd
- Bulk Trading Sa - Switzerland
- Australian Coal Association
- Vijayanagar Sugar Pvt Ltd - India
- Makarim & Taira - Indonesia
- Electricity Authority, New Zealand
- Grasim Industreis Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Chamber of Mines of South Africa
- Standard Chartered Bank - UAE
- Toyota Tsusho Corporation, Japan
- Jindal Steel & Power Ltd - India
- Kaltim Prima Coal - Indonesia
- Singapore Mercantile Exchange
- Tamil Nadu electricity Board
- Metalloyd Limited - United Kingdom
- Gujarat Sidhee Cement - India
- Oldendorff Carriers - Singapore
- Goldman Sachs - Singapore
- Mercuria Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Eastern Coal Council - USA
- Manunggal Multi Energi - Indonesia
- India Bulls Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- London Commodity Brokers - England
- GMR Energy Limited - India
- International Coal Ventures Pvt Ltd - India
- Bhatia International Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- Semirara Mining Corp, Philippines
- SMC Global Power, Philippines
- Central Electricity Authority - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- CNBM International Corporation - China
- Coal and Oil Company - UAE
- Coalindo Energy - Indonesia
- Parliament of New Zealand
- Lanco Infratech Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Kideco Jaya Agung - Indonesia
- San Jose City I Power Corp, Philippines
- Renaissance Capital - South Africa
- Mercator Lines Limited - India
- Sical Logistics Limited - India
- PNOC Exploration Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Borneo Indobara - Indonesia
- Vizag Seaport Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Uttam Galva Steels Limited - India
- TeaM Sual Corporation - Philippines
- New Zealand Coal & Carbon
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Kumho Petrochemical, South Korea
- Sojitz Corporation - Japan
- Indika Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Parry Sugars Refinery, India
- Thai Mozambique Logistica
- Port Waratah Coal Services - Australia
- PetroVietnam Power Coal Import and Supply Company
- Kobexindo Tractors - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Karaikal Port Pvt Ltd - India
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