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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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Tuesday, 29 November 11
DRY BULK MARKET BEGINS WEEK ON HIGHER NOTE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Contrary to what had been the case during the past few weeks, this one began on a high note for the dry bulk market, with the Capesize sector pullin ...
Monday, 28 November 11
CITING CONTRACTS, MINING FIRMS ARE NOT PAYING ROYALTIES UNDER LAW - THE JAKARTA POST
The Jakarta Post reported that, when the 2009 Law on Minerals and Coal was endorsed, hopes that Indonesia could maximize its revenue from the minera ...
Monday, 28 November 11
NEW ENVIRONMENTAL MARINE REGULATIONS TO IMPACT SHIPPING IN 2012 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
August of next year will see some major changes for marine navigation. It’s when the North American ECA will come into force, introducing a 1% ...
Sunday, 27 November 11
INDIA'S KPCL TO IMPORT 50 MMT OF COAL FOR 10 YEARS
COALspot.com - Karnataka Power Corporation Limited (KPCL) will buy 5 million metric tonnes of coal annually for 10 years starting from 2015.
In a ...
Saturday, 26 November 11
INDIAN PORTS ARE BECOME COAL STOCKPILES..!!
COALspot.com - The Indian coal stocks and power tariff situation is the hot topic among the world coal producers as well as Indian coal importers.&n ...
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- Energy Development Corp, Philippines
- Georgia Ports Authority, United States
- Eastern Energy - Thailand
- Straits Asia Resources Limited - Singapore
- Medco Energi Mining Internasional
- Mercuria Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- PTC India Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Timah Investasi Mineral - Indoneisa
- Wilmar Investment Holdings
- New Zealand Coal & Carbon
- Metalloyd Limited - United Kingdom
- Larsen & Toubro Limited - India
- Bhoruka Overseas - Indonesia
- Price Waterhouse Coopers - Russia
- LBH Netherlands Bv - Netherlands
- Essar Steel Hazira Ltd - India
- Singapore Mercantile Exchange
- AsiaOL BioFuels Corp., Philippines
- Minerals Council of Australia
- Gujarat Mineral Development Corp Ltd - India
- Lanco Infratech Ltd - India
- Electricity Generating Authority of Thailand
- IEA Clean Coal Centre - UK
- Ceylon Electricity Board - Sri Lanka
- Kartika Selabumi Mining - Indonesia
- Sakthi Sugars Limited - India
- Latin American Coal - Colombia
- Sarangani Energy Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Leighton Contractors Pty Ltd - Australia
- Deloitte Consulting - India
- Mjunction Services Limited - India
- Indonesian Coal Mining Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- Vijayanagar Sugar Pvt Ltd - India
- White Energy Company Limited
- Indo Tambangraya Megah - Indonesia
- Meenaskhi Energy Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Sical Logistics Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement - Thailand
- GAC Shipping (India) Pvt Ltd
- Star Paper Mills Limited - India
- Therma Luzon, Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Malabar Cements Ltd - India
- Tata Chemicals Ltd - India
- Africa Commodities Group - South Africa
- Formosa Plastics Group - Taiwan
- Cigading International Bulk Terminal - Indonesia
- Cement Manufacturers Association - India
- McConnell Dowell - Australia
- Agrawal Coal Company - India
- Vedanta Resources Plc - India
- Intertek Mineral Services - Indonesia
- Interocean Group of Companies - India
- Heidelberg Cement - Germany
- Miang Besar Coal Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- MS Steel International - UAE
- Bharathi Cement Corporation - India
- Thiess Contractors Indonesia
- TeaM Sual Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Attock Cement Pakistan Limited
- CIMB Investment Bank - Malaysia
- Riau Bara Harum - Indonesia
- Salva Resources Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Economic Council, Georgia
- Indian Energy Exchange, India
- Petrochimia International Co. Ltd.- Taiwan
- San Jose City I Power Corp, Philippines
- Eastern Coal Council - USA
- Global Business Power Corporation, Philippines
- Baramulti Group, Indonesia
- Thai Mozambique Logistica
- Karaikal Port Pvt Ltd - India
- Ministry of Transport, Egypt
- PowerSource Philippines DevCo
- SN Aboitiz Power Inc, Philippines
- Kumho Petrochemical, South Korea
- Sinarmas Energy and Mining - Indonesia
- Mercator Lines Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Trasteel International SA, Italy
- India Bulls Power Limited - India
- Gujarat Sidhee Cement - India
- Simpson Spence & Young - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Altura Mining Limited, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Jaiprakash Power Ventures ltd
- IHS Mccloskey Coal Group - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Power Finance Corporation Ltd., India
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- Samtan Co., Ltd - South Korea
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- Bangladesh Power Developement Board
- Globalindo Alam Lestari - Indonesia
- Antam Resourcindo - Indonesia
- GMR Energy Limited - India
- Binh Thuan Hamico - Vietnam
- CNBM International Corporation - China
- Bulk Trading Sa - Switzerland
- Jorong Barutama Greston.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- Kohat Cement Company Ltd. - Pakistan
- Bukit Makmur.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- OPG Power Generation Pvt Ltd - India
- Central Java Power - Indonesia
- Electricity Authority, New Zealand
- Pendopo Energi Batubara - Indonesia
- SMG Consultants - Indonesia
- Kobexindo Tractors - Indoneisa
- Mintek Dendrill Indonesia
- Directorate Of Revenue Intelligence - India
- Posco Energy - South Korea
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- VISA Power Limited - India
- ASAPP Information Group - India
- Semirara Mining Corp, Philippines
- London Commodity Brokers - England
- Bhatia International Limited - India
- South Luzon Thermal Energy Corporation
- Goldman Sachs - Singapore
- SMC Global Power, Philippines
- Marubeni Corporation - India
- Ambuja Cements Ltd - India
- Parry Sugars Refinery, India
- Aboitiz Power Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chamber of Mines of South Africa
- European Bulk Services B.V. - Netherlands
- Planning Commission, India
- Wood Mackenzie - Singapore
- Tamil Nadu electricity Board
- Karbindo Abesyapradhi - Indoneisa
- Australian Coal Association
- Meralco Power Generation, Philippines
- Aditya Birla Group - India
- Oldendorff Carriers - Singapore
- Central Electricity Authority - India
- Videocon Industries ltd - India
- International Coal Ventures Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Asmin Koalindo Tuhup - Indonesia
- Global Green Power PLC Corporation, Philippines
- Jindal Steel & Power Ltd - India
- GVK Power & Infra Limited - India
- Standard Chartered Bank - UAE
- Xindia Steels Limited - India
- Port Waratah Coal Services - Australia
- Anglo American - United Kingdom
- Makarim & Taira - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bayan Resources Tbk. - Indonesia
- Ministry of Mines - Canada
- Commonwealth Bank - Australia
- Carbofer General Trading SA - India
- Kalimantan Lumbung Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- Parliament of New Zealand
- Petron Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- Madhucon Powers Ltd - India
- Siam City Cement PLC, Thailand
- The State Trading Corporation of India Ltd
- Renaissance Capital - South Africa
- Barasentosa Lestari - Indonesia
- Merrill Lynch Commodities Europe
- Maheswari Brothers Coal Limited - India
- Vizag Seaport Private Limited - India
- Romanian Commodities Exchange
- Independent Power Producers Association of India
- Kideco Jaya Agung - Indonesia
- Uttam Galva Steels Limited - India
- Borneo Indobara - Indonesia
- Edison Trading Spa - Italy
- Coastal Gujarat Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Ministry of Finance - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Link Ltd, New Zealand
- Krishnapatnam Port Company Ltd. - India
- PetroVietnam Power Coal Import and Supply Company
- Global Coal Blending Company Limited - Australia
- ICICI Bank Limited - India
- Billiton Holdings Pty Ltd - Australia
- Indian Oil Corporation Limited
- Dalmia Cement Bharat India
- The University of Queensland
- Rashtriya Ispat Nigam Limited - India
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- Grasim Industreis Ltd - India
- Indika Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
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