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