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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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- McConnell Dowell - Australia
- Posco Energy - South Korea
- Australian Coal Association
- Kideco Jaya Agung - Indonesia
- Oldendorff Carriers - Singapore
- Petron Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- SN Aboitiz Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Videocon Industries ltd - India
- Sarangani Energy Corporation, Philippines
- Attock Cement Pakistan Limited
- Meenaskhi Energy Private Limited - India
- Merrill Lynch Commodities Europe
- Kaltim Prima Coal - Indonesia
- Salva Resources Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Deloitte Consulting - India
- Sindya Power Generating Company Private Ltd
- Karbindo Abesyapradhi - Indoneisa
- London Commodity Brokers - England
- White Energy Company Limited
- SMC Global Power, Philippines
- Larsen & Toubro Limited - India
- PowerSource Philippines DevCo
- Tata Chemicals Ltd - India
- Sree Jayajothi Cements Limited - India
- Kepco SPC Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- CIMB Investment Bank - Malaysia
- Wilmar Investment Holdings
- Maheswari Brothers Coal Limited - India
- The Treasury - Australian Government
- Georgia Ports Authority, United States
- Globalindo Alam Lestari - Indonesia
- Minerals Council of Australia
- Indian Oil Corporation Limited
- Eastern Coal Council - USA
- Directorate General of MIneral and Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Authority, New Zealand
- Iligan Light & Power Inc, Philippines
- Wood Mackenzie - Singapore
- Bangladesh Power Developement Board
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Finance - Indonesia
- Intertek Mineral Services - Indonesia
- Orica Mining Services - Indonesia
- Energy Development Corp, Philippines
- SMG Consultants - Indonesia
- Africa Commodities Group - South Africa
- Ministry of Mines - Canada
- Sical Logistics Limited - India
- Kartika Selabumi Mining - Indonesia
- Eastern Energy - Thailand
- Anglo American - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Gujarat Mineral Development Corp Ltd - India
- Kumho Petrochemical, South Korea
- Banpu Public Company Limited - Thailand
- Asmin Koalindo Tuhup - Indonesia
- International Coal Ventures Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Mercator Lines Limited - India
- Medco Energi Mining Internasional
- Indika Energy - Indonesia
- Energy Link Ltd, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Transport, Egypt
- South Luzon Thermal Energy Corporation
- Manunggal Multi Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Agrawal Coal Company - India
- Goldman Sachs - Singapore
- Latin American Coal - Colombia
- Baramulti Group, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Sidhee Cement - India
- Madhucon Powers Ltd - India
- ICICI Bank Limited - India
- Jindal Steel & Power Ltd - India
- TeaM Sual Corporation - Philippines
- Mjunction Services Limited - India
- Port Waratah Coal Services - Australia
- Vizag Seaport Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Binh Thuan Hamico - Vietnam
- Simpson Spence & Young - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- India Bulls Power Limited - India
- Uttam Galva Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Coalindo Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Economic Council, Georgia
- Thiess Contractors Indonesia
- Bulk Trading Sa - Switzerland
- Kalimantan Lumbung Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- MS Steel International - UAE
- Indonesian Coal Mining Association
- Malabar Cements Ltd - India
- Singapore Mercantile Exchange
- The University of Queensland
- European Bulk Services B.V. - Netherlands
- Chamber of Mines of South Africa
- Australian Commodity Traders Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Marubeni Corporation - India
- Star Paper Mills Limited - India
- Cigading International Bulk Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Romanian Commodities Exchange
- Central Electricity Authority - India
- Indian Energy Exchange, India
- Interocean Group of Companies - India
- Antam Resourcindo - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Bhushan Steel Limited - India
- Makarim & Taira - Indonesia
- Independent Power Producers Association of India
- Power Finance Corporation Ltd., India
- Mercuria Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Essar Steel Hazira Ltd - India
- Semirara Mining and Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Parliament of New Zealand
- Coal and Oil Company - UAE
- Thai Mozambique Logistica
- ASAPP Information Group - India
- Central Java Power - Indonesia
- Carbofer General Trading SA - India
- Grasim Industreis Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Commonwealth Bank - Australia
- Trasteel International SA, Italy
- Metalloyd Limited - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Dalmia Cement Bharat India
- Petrochimia International Co. Ltd.- Taiwan
- GAC Shipping (India) Pvt Ltd
- Meralco Power Generation, Philippines
- The State Trading Corporation of India Ltd
- LBH Netherlands Bv - Netherlands
- Bukit Makmur.PT - Indonesia
- VISA Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Rio Tinto Coal - Australia
- Vijayanagar Sugar Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- Parry Sugars Refinery, India
- PTC India Limited - India
- Borneo Indobara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bhatia International Limited - India
- Bhoruka Overseas - Indonesia
- Orica Australia Pty. Ltd.
- Heidelberg Cement - Germany
- Edison Trading Spa - Italy
- Cement Manufacturers Association - India
- Chettinad Cement Corporation Ltd - India
- Siam City Cement PLC, Thailand
- Electricity Generating Authority of Thailand
- IEA Clean Coal Centre - UK
- AsiaOL BioFuels Corp., Philippines
- GN Power Mariveles Coal Plant, Philippines
- Aboitiz Power Corporation - Philippines
- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- Altura Mining Limited, Indonesia
- Bukit Baiduri Energy - Indonesia
- Standard Chartered Bank - UAE
- Xindia Steels Limited - India
- Vedanta Resources Plc - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mintek Dendrill Indonesia
- Indogreen Group - Indonesia
- Straits Asia Resources Limited - Singapore
- IHS Mccloskey Coal Group - USA
- GMR Energy Limited - India
- Pendopo Energi Batubara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sojitz Corporation - Japan
- Global Green Power PLC Corporation, Philippines
- Tamil Nadu electricity Board
- Bukit Asam (Persero) Tbk - Indonesia
- Aditya Birla Group - India
- Siam City Cement - Thailand
- Lanco Infratech Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Bayan Resources Tbk. - Indonesia
- Kobexindo Tractors - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Formosa Plastics Group - Taiwan
- Barasentosa Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Planning Commission, India
- CNBM International Corporation - China
- Coastal Gujarat Power Limited - India
- Price Waterhouse Coopers - Russia
- Semirara Mining Corp, Philippines
- Ambuja Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Bharathi Cement Corporation - India
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