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Monday, 07 July 14
INDONESIA STATE-CONTROLLED COAL MINER BUKIT ASAM TO TRADE COAL ON-LINE THROUGH JFX
COALspot.com: Indonesian state owned coal miner PT Tambang Batubara Bukit Asam Tbk (PTBA) has teamed up with Jakarta Futures Exchange (JFX) to sell part of its coal supply to the overseas market.
According to PTBA President Director Milawarma, the company can only commit to sell a small portion of its coal output through the local exchange as most of its production volume for this year had already been contracted.
Trading through JFX is expected to be more transparent and efficient compared to the conventional method", he added, as quoted by local media JG.
The company will sell total 75000 mt of coal through JFX this year (2014).
60,000 tons of coal with a calorific value of 6450 kcal/kg for first contract which is scheduled through Tarahan port in Lampung province. The second contract volume is expected around 15,000 metric tons of coal with a calorific value of 6300 kcal/kg, through Kertapati port in South Sumatra.
The online auction is scheduled to start on August 21, 2014 to the current 17 registered members of JFX coming from domestic and aboard including Taiwan, Japan, China, and Malaysia, as quoted by IDN.
IDN, further said, currently Indonesia only has coal price for immediate settlement and one month contract referring to Indonesian Coal Index by Coalindo Energy and the government's Coal Price Reference (HBA) and Coal Price Guidance (HPB).
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Tuesday, 22 July 14
INDONESIA'S MINERAL EXPORT BAN: CHINA UNDER PRESSURE? - CLARKSONS
In January 2014, Indonesia introduced new regulations on exports of unprocessed minerals. Exports of some minerals have been heavily taxed, whilst ...
Tuesday, 22 July 14
ASIAN SUB-BITUMINOUS COAL USERS' GROUP CONFERENCE
Press Release: Registration Open for Fourth Annual Asian Sub-Bituminous Coal Users’ Group Conference
Register today for this year&r ...
Monday, 21 July 14
25% OF INDIA'S POWER PLANTS WERE HAVING SUPER CRITICAL COAL STOCK - COAL AND POWER MINISTER
25% of India’s power plants were having super critical coal stock; power utilities have also been advised to enhance the import of coal - Coa ...
Monday, 21 July 14
INDONESIA'S STATE CONTROLLED COAL MINER BUKIT ASAM ENJOYED HIGHER SELLING PRICE DURING THIS STORMY MARKET
COALspot.com: PT Bukit Asam, the Indonesian government controlled coal miner announced today that, the company has produced 7.70 million tons of co ...
Monday, 21 July 14
CFR SOUTH CHINA COAL Q3 DELIVERY SWAPS LOST 16% SINCE JANUARY 17, 2014
COALspot.com: Coal price falling is continues as the impact oversupply and lower demand. Market is not showing any positive trend in near future.
...
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- Altura Mining Limited, Indonesia
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- Oldendorff Carriers - Singapore
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- Electricity Authority, New Zealand
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- Sindya Power Generating Company Private Ltd
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- Indonesian Coal Mining Association
- IEA Clean Coal Centre - UK
- Maheswari Brothers Coal Limited - India
- Chamber of Mines of South Africa
- Edison Trading Spa - Italy
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- SMG Consultants - Indonesia
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- Australian Commodity Traders Exchange
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- Minerals Council of Australia
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