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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, 02 December 11
DRY BULK CARRIERS BACK IN THE SPOTLIGHT AS MARKET SPEEDS UP - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the tanker and container markets suffering dearly, it seems that the tide has once again turned in favor of the dry bulk carriers, despite over ...
Thursday, 01 December 11
DRY BULK MARKET RISES TO NEW HEIGHTS ON RENEWED DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept on rising this week, with the industry’s benchmark, the Baltic Dry Index (BDI) climbing to 1,846 points on Wednes ...
Tuesday, 29 November 11
SOUTH AFRICAN COAL INTO CHINA, THE ACTIVITY WAS SLOW - BRS
Capesize
The Capesize market in Atlantic stayed pretty firm last week with transatlantic rounds being fixed in the high twenties. Sentiment was les ...
Tuesday, 29 November 11
GOLDEN GATE BRIDGE OF INDONESIA COLLAPSED AT KUKAR, EAST KALIMANTAN
COALspot.com - A suspension bridge in Indonesia’s east Kalimantan province over the Mahakam river collapsed on Saturday, killing at least elev ...
Tuesday, 29 November 11
BUKIT ASAM SCOUTS RP3 TRILLION PROFIT - INSIDER STORIES
The state-controlled coal miner PT Bukit Asam Tbk (PTBA) expects to post a Rp3 trillion net income this year, reaching its target which is 50% above ...
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- Bharathi Cement Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Eastern Coal Council - USA
- Bhatia International Limited - India
- Xindia Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- The University of Queensland
- Sree Jayajothi Cements Limited - India
- Renaissance Capital - South Africa
- Altura Mining Limited, Indonesia
- OPG Power Generation Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- PTC India Limited - India
- GVK Power & Infra Limited - India
- Oldendorff Carriers - Singapore
- Indian Energy Exchange, India
- Goldman Sachs - Singapore
- Semirara Mining and Power Corporation, Philippines
- Thiess Contractors Indonesia
- Coastal Gujarat Power Limited - India
- TeaM Sual Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Sical Logistics Limited - India
- European Bulk Services B.V. - Netherlands
- Star Paper Mills Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Grasim Industreis Ltd - India
- Essar Steel Hazira Ltd - India
- Kaltim Prima Coal - Indonesia
- Posco Energy - South Korea
- Port Waratah Coal Services - Australia
- Videocon Industries ltd - India
- The Treasury - Australian Government
- Ministry of Mines - Canada
- Ministry of Transport, Egypt
- Krishnapatnam Port Company Ltd. - India
- Vedanta Resources Plc - India
- Bukit Baiduri Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Coal and Oil Company - UAE
- PowerSource Philippines DevCo
- McConnell Dowell - Australia
- Directorate Of Revenue Intelligence - India
- Indo Tambangraya Megah - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- White Energy Company Limited
- Sojitz Corporation - Japan
- VISA Power Limited - India
- Trasteel International SA, Italy
- Vijayanagar Sugar Pvt Ltd - India
- GMR Energy Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Sarangani Energy Corporation, Philippines
- Energy Development Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Meralco Power Generation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Parliament of New Zealand
- Independent Power Producers Association of India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- Merrill Lynch Commodities Europe
- Sinarmas Energy and Mining - Indonesia
- Rio Tinto Coal - Australia
- Indian Oil Corporation Limited
- Mercuria Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Indogreen Group - Indonesia
- Samtan Co., Ltd - South Korea
- Maharashtra Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Global Green Power PLC Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Maheswari Brothers Coal Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dalmia Cement Bharat India
- Orica Mining Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Chettinad Cement Corporation Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Rashtriya Ispat Nigam Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Kepco SPC Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Salva Resources Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Interocean Group of Companies - India
- Wood Mackenzie - Singapore
- Kapuas Tunggal Persada - Indonesia
- Toyota Tsusho Corporation, Japan
- Central Electricity Authority - India
- Bulk Trading Sa - Switzerland
- Agrawal Coal Company - India
- Coalindo Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Medco Energi Mining Internasional
- Bhushan Steel Limited - India
- CIMB Investment Bank - Malaysia
- Heidelberg Cement - Germany
- Chamber of Mines of South Africa
- Mintek Dendrill Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Anglo American - United Kingdom
- IEA Clean Coal Centre - UK
- Siam City Cement - Thailand
- Georgia Ports Authority, United States
- Leighton Contractors Pty Ltd - Australia
- Singapore Mercantile Exchange
- Lanco Infratech Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Ambuja Cements Ltd - India
- SMC Global Power, Philippines
- Semirara Mining Corp, Philippines
- Standard Chartered Bank - UAE
- Australian Coal Association
- Bangladesh Power Developement Board
- Energy Link Ltd, New Zealand
- Latin American Coal - Colombia
- Pendopo Energi Batubara - Indonesia
- Madhucon Powers Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Africa Commodities Group - South Africa
- Tata Chemicals Ltd - India
- Edison Trading Spa - Italy
- Mjunction Services Limited - India
- LBH Netherlands Bv - Netherlands
- Australian Commodity Traders Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thai Mozambique Logistica
- Deloitte Consulting - India
- Gujarat Sidhee Cement - India
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Finance - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Marubeni Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Kartika Selabumi Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Baramulti Group, Indonesia
- Indika Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Carbofer General Trading SA - India
- Kalimantan Lumbung Energi - Indonesia
- Central Java Power - Indonesia
- Petron Corporation, Philippines
- Mercator Lines Limited - India
- Metalloyd Limited - United Kingdom
- Makarim & Taira - Indonesia
- Kumho Petrochemical, South Korea
- London Commodity Brokers - England
- Electricity Authority, New Zealand
- Savvy Resources Ltd - HongKong
- CNBM International Corporation - China
- GAC Shipping (India) Pvt Ltd
- Malabar Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Commonwealth Bank - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Romanian Commodities Exchange
- Aditya Birla Group - India
- Globalindo Alam Lestari - Indonesia
- India Bulls Power Limited - India
- Planning Commission, India
- Karaikal Port Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- IHS Mccloskey Coal Group - USA
- Wilmar Investment Holdings
- Larsen & Toubro Limited - India
- Power Finance Corporation Ltd., India
- Meenaskhi Energy Private Limited - India
- Timah Investasi Mineral - Indoneisa
- South Luzon Thermal Energy Corporation
- Jindal Steel & Power Ltd - India
- Minerals Council of Australia
- Economic Council, Georgia
- Sakthi Sugars Limited - India
- Parry Sugars Refinery, India
- Electricity Generating Authority of Thailand
- SMG Consultants - Indonesia
- Bayan Resources Tbk. - Indonesia
- Kobexindo Tractors - Indoneisa
- The State Trading Corporation of India Ltd
- Tamil Nadu electricity Board
- Bukit Makmur.PT - Indonesia
- Borneo Indobara - Indonesia
- Indonesian Coal Mining Association
- Price Waterhouse Coopers - Russia
- Attock Cement Pakistan Limited
- Manunggal Multi Energi - Indonesia
- Uttam Galva Steels Limited - India
- Siam City Cement PLC, Thailand
- Straits Asia Resources Limited - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Energy - Thailand
- New Zealand Coal & Carbon
- TNB Fuel Sdn Bhd - Malaysia
- San Jose City I Power Corp, Philippines
- Therma Luzon, Inc, Philippines
- MS Steel International - UAE
- PNOC Exploration Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Cement Manufacturers Association - India
- GN Power Mariveles Coal Plant, Philippines
- Antam Resourcindo - Indonesia
- ASAPP Information Group - India
- Global Coal Blending Company Limited - Australia
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