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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, 05 December 11
THE DECEMBER HBA FELL 11% FROM ITS PEAK AT US$127.05 PER TON IN FEBRUARY 2011
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has sets the December 2011 coal reference price at US$ 112.67 per ton US$ 3.98 ...
Monday, 05 December 11
SGX LAUNCHED IHS MCCLOSKEY/XINHUA INFOLINK OTC CFR SOUTH CHINA COAL CONTRACT TODAY
COALspot.com - In order to meet the demand of the coal industry for an effective coal hedging tool with counterparty credit risk mitigation facility ...
Monday, 05 December 11
DRY BULK RATES LOOKING TO EXTEND GAINS THIS WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Capesize dry bulk carrier owners have had a great week, with rates rising for six straight sessions (including the end of the week before that). As ...
Sunday, 04 December 11
SUPRAMAX TRIPS VIA INDONESIA WERE REPORTED AROUND $ 7500 - 8000 PD
COALspot.com - The BDI and Cape index recovered this week. The BDI was up by 3.26 pct and Cape index saw a big jump and closed at 3409 points (up by ...
Saturday, 03 December 11
BORNEO TO SPEND US$600 MIO CAPEX - INSIDER STORIES
Insider Stories reported that, Coking coal miner PT Borneo Lumbung Energi & Metal Tbk (BORN) plans to spend US$600 million capital expenditure ( ...
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- Energy Link Ltd, New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Vizag Seaport Private Limited - India
- Bhatia International Limited - India
- Wood Mackenzie - Singapore
- Bangladesh Power Developement Board
- Anglo American - United Kingdom
- Trasteel International SA, Italy
- Energy Development Corp, Philippines
- PowerSource Philippines DevCo
- Indonesian Coal Mining Association
- Cigading International Bulk Terminal - Indonesia
- London Commodity Brokers - England
- Dalmia Cement Bharat India
- Romanian Commodities Exchange
- OPG Power Generation Pvt Ltd - India
- ICICI Bank Limited - India
- Goldman Sachs - Singapore
- Indo Tambangraya Megah - Indonesia
- Latin American Coal - Colombia
- Holcim Trading Pte Ltd - Singapore
- Xindia Steels Limited - India
- Africa Commodities Group - South Africa
- PetroVietnam Power Coal Import and Supply Company
- Timah Investasi Mineral - Indoneisa
- Bukit Baiduri Energy - Indonesia
- SMC Global Power, Philippines
- Karaikal Port Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Medco Energi Mining Internasional
- Gujarat Sidhee Cement - India
- Oldendorff Carriers - Singapore
- Independent Power Producers Association of India
- Indogreen Group - Indonesia
- Economic Council, Georgia
- Semirara Mining and Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- The Treasury - Australian Government
- Sinarmas Energy and Mining - Indonesia
- Mercuria Energy - Indonesia
- CNBM International Corporation - China
- PTC India Limited - India
- Samtan Co., Ltd - South Korea
- Lanco Infratech Ltd - India
- Central Electricity Authority - India
- Vijayanagar Sugar Pvt Ltd - India
- GVK Power & Infra Limited - India
- Parliament of New Zealand
- Uttam Galva Steels Limited - India
- Indian Oil Corporation Limited
- Bhushan Steel Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Madhucon Powers Ltd - India
- Global Business Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- India Bulls Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Carbofer General Trading SA - India
- Coal and Oil Company - UAE
- Tata Chemicals Ltd - India
- MS Steel International - UAE
- Videocon Industries ltd - India
- AsiaOL BioFuels Corp., Philippines
- Heidelberg Cement - Germany
- Posco Energy - South Korea
- Deloitte Consulting - India
- Renaissance Capital - South Africa
- Global Coal Blending Company Limited - Australia
- IHS Mccloskey Coal Group - USA
- Bukit Makmur.PT - Indonesia
- Singapore Mercantile Exchange
- Kepco SPC Power Corporation, Philippines
- Indian Energy Exchange, India
- VISA Power Limited - India
- Jindal Steel & Power Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- Parry Sugars Refinery, India
- Directorate Of Revenue Intelligence - India
- GAC Shipping (India) Pvt Ltd
- Central Java Power - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- International Coal Ventures Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Bhoruka Overseas - Indonesia
- Kaltim Prima Coal - Indonesia
- Australian Commodity Traders Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Alfred C Toepfer International GmbH - Germany
- Electricity Generating Authority of Thailand
- Sical Logistics Limited - India
- Meenaskhi Energy Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- GMR Energy Limited - India
- Gujarat Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Larsen & Toubro Limited - India
- Savvy Resources Ltd - HongKong
- Bayan Resources Tbk. - Indonesia
- Semirara Mining Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Bharathi Cement Corporation - India
- Sojitz Corporation - Japan
- Siam City Cement - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Thai Mozambique Logistica
- CIMB Investment Bank - Malaysia
- Jaiprakash Power Ventures ltd
- Asmin Koalindo Tuhup - Indonesia
- Orica Mining Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Edison Trading Spa - Italy
- Kohat Cement Company Ltd. - Pakistan
- Cement Manufacturers Association - India
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Authority, New Zealand
- White Energy Company Limited
- Aditya Birla Group - India
- Formosa Plastics Group - Taiwan
- SMG Consultants - Indonesia
- The State Trading Corporation of India Ltd
- Interocean Group of Companies - India
- Attock Cement Pakistan Limited
- Karbindo Abesyapradhi - Indoneisa
- McConnell Dowell - Australia
- Ministry of Mines - Canada
- Meralco Power Generation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Makarim & Taira - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Eastern Energy - Thailand
- Metalloyd Limited - United Kingdom
- Iligan Light & Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Baramulti Group, Indonesia
- Kartika Selabumi Mining - Indonesia
- Mercator Lines Limited - India
- Chamber of Mines of South Africa
- Australian Coal Association
- Petron Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Kobexindo Tractors - Indoneisa
- Binh Thuan Hamico - Vietnam
- Ministry of Finance - Indonesia
- Grasim Industreis Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Coalindo Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Manunggal Multi Energi - Indonesia
- Commonwealth Bank - Australia
- Marubeni Corporation - India
- Barasentosa Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Borneo Indobara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Simpson Spence & Young - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- Siam City Cement PLC, Thailand
- Kideco Jaya Agung - Indonesia
- Maheswari Brothers Coal Limited - India
- Indika Energy - Indonesia
- Merrill Lynch Commodities Europe
- Banpu Public Company Limited - Thailand
- New Zealand Coal & Carbon
- Billiton Holdings Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wilmar Investment Holdings
- Therma Luzon, Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- Agrawal Coal Company - India
- Mintek Dendrill Indonesia
- Sarangani Energy Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Coastal Gujarat Power Limited - India
- South Luzon Thermal Energy Corporation
- Tamil Nadu electricity Board
- Georgia Ports Authority, United States
- Sindya Power Generating Company Private Ltd
- Krishnapatnam Port Company Ltd. - India
- ASAPP Information Group - India
- Malabar Cements Ltd - India
- Standard Chartered Bank - UAE
- Star Paper Mills Limited - India
- Chettinad Cement Corporation Ltd - India
- Mjunction Services Limited - India
- Sakthi Sugars Limited - India
- Toyota Tsusho Corporation, Japan
- Essar Steel Hazira Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- LBH Netherlands Bv - Netherlands
- Ambuja Cements Ltd - India
- Kumho Petrochemical, South Korea
- Rio Tinto Coal - Australia
- Sree Jayajothi Cements Limited - India
- Port Waratah Coal Services - Australia
- Orica Australia Pty. Ltd.
- The University of Queensland
- Power Finance Corporation Ltd., India
- Ministry of Transport, Egypt
- Planning Commission, India
- Intertek Mineral Services - Indonesia
- Eastern Coal Council - USA
- PNOC Exploration Corporation - Philippines
- Antam Resourcindo - Indonesia
- Thiess Contractors Indonesia
- Minerals Council of Australia
- Aboitiz Power Corporation - Philippines
- TeaM Sual Corporation - Philippines
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