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Tuesday, 03 March 15
INDONESIAN COAL EXPORT VOLUME TO DECLINE 50% BY 2019
COALspot.com: The Indonesian government is planning to reduce coal export volume by 50% within the next five years while keeping its coal production slightly lower or flat from this year.
The Director General of Mineral and Coal of Indonesia has projected that, the coal production and export will be declined by 2019 compared to the 2015 production and exports forecasts.
According to a note that published on DGoMC's website, the DGoMC is projecting that, the coal production is in 2015 will be around 425 million versus export of 323 million tons. The Indonesian government is also expecting that, the domestic end-users such as State Electricity Company, cement factories, steel factories and fertilizer manufacturers will consume around 102 million tons of coal this year or 24% of Indonesian total coal production in 2015.
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In the meantime, surprisingly, the government has cut its coal export projection by 50.46% by 2019 compared to its projection in 2015.
The DGoMC has projected that, the coal export volume will be around 160 million tons by 2019, 50.46% lesser compared to 323 million tons has been projected for this year.
According to the Director General of Mineral and Coal of Indonesia, Indonesian coal export volume will be slowly reduce to 160 million tons by 2019, from 323 million in 2015. The government has projected in 2016 the coal export will be around 308 million and 292 million by 2017. By year 2018, the government still projecting the coal exports will be around 275 million tons.
Coal production projection is also reduced slightly from 425 million in 2015 to 400 million tons by 2019.
While the projection on domestic consumption, has increased significantly from 102 million tons in 2015 to 240 million by 2019 or up around 135% within next five years from this year. The government is also targeting to burn 60% of total coal production by 2019 domestically.
According to the note, last week, the Director General of Mineral and Coal of Indonesia presented its projection to State Minister for Chairperson of the National Development Planning Agency, Indonesian coal mining association, State Electricity Company, Cement manufacturers, steel industries and fertilizer manufactures.
How the government is going to achieve its projection is still unclear. The DGoMC has increased or kept flat its coal projection target in 2015 compared to 2014 coal production level. While, the Indonesian coal miners, particularly big scale miners are aggressively increasing the coal production this year to keep them float during this low price market.
Indian government has recently announced that, the government will ask coal India to increase the coal production to 1 billion tons by 2019.
The present world's largest power plant coal exporter, may become one the of the largest coal consumer by 2019, if the government successfully implements its projection into real.
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Thursday, 19 March 15
HANDY: INDO COAL CARGOS DESTINED FOR INDIA BEING FIXED IN REGION OF $ 7-8K - FEARNLEYS
Handy
The Handy and Supra market has had a week with mixed signals. Although we see more activity in both hemispheres the rates are only up about ...
Thursday, 19 March 15
INDONESIAN COAL BENCHMARK SOAR 7.69% IN MARCH....!!!
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia revised up Indonesian coal benchmark prices to US$ 67.76 per MT in March ...
Wednesday, 18 March 15
AVERAGE RATE FOR CAPES MOVED TO BELOW $ 4K/DAY LAST WEEK - INTERMODAL
COALspot.com: The even heavier losses noted in the Capesize segment last week, denied the Dry Bulk market a third weekly positive, while the smalle ...
Wednesday, 18 March 15
PARKING THE CAPES - LINOS KOGEVINAS
It is no secret that recent times have been anything but kind towards shipping, and no sector has suffered more lately than the dry bulk one. While ...
Wednesday, 18 March 15
CHINA-OWNED SHIPS: A RAPID RISE TO BECOME ONE OF THE WORLD'S LARGEST FLEETS - RICHARD SCOTT
Ships operated by owners based in China have become increasingly prominent on the world’s sea routes. China-owned container ships, bulk carri ...
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- Pipit Mutiara Jaya. PT, Indonesia
- Riau Bara Harum - Indonesia
- Australian Coal Association
- Siam City Cement PLC, Thailand
- Star Paper Mills Limited - India
- IEA Clean Coal Centre - UK
- Semirara Mining Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Edison Trading Spa - Italy
- TeaM Sual Corporation - Philippines
- Vizag Seaport Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Sojitz Corporation - Japan
- GAC Shipping (India) Pvt Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kartika Selabumi Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Australian Commodity Traders Exchange
- Ministry of Transport, Egypt
- The Treasury - Australian Government
- Neyveli Lignite Corporation Ltd, - India
- Directorate General of MIneral and Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Kumho Petrochemical, South Korea
- Coastal Gujarat Power Limited - India
- Bharathi Cement Corporation - India
- Uttam Galva Steels Limited - India
- Sree Jayajothi Cements Limited - India
- Bayan Resources Tbk. - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Leighton Contractors Pty Ltd - Australia
- Cement Manufacturers Association - India
- Kepco SPC Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Port Waratah Coal Services - Australia
- Rio Tinto Coal - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Trasteel International SA, Italy
- Chamber of Mines of South Africa
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement - Thailand
- Kapuas Tunggal Persada - Indonesia
- Georgia Ports Authority, United States
- Coal and Oil Company - UAE
- Billiton Holdings Pty Ltd - Australia
- Bukit Baiduri Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Dalmia Cement Bharat India
- Meralco Power Generation, Philippines
- Barasentosa Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Iligan Light & Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- GVK Power & Infra Limited - India
- Bulk Trading Sa - Switzerland
- South Luzon Thermal Energy Corporation
- Sakthi Sugars Limited - India
- Videocon Industries ltd - India
- New Zealand Coal & Carbon
- PetroVietnam Power Coal Import and Supply Company
- Electricity Authority, New Zealand
- Central Java Power - Indonesia
- Aditya Birla Group - India
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- Renaissance Capital - South Africa
- Krishnapatnam Port Company Ltd. - India
- Toyota Tsusho Corporation, Japan
- Singapore Mercantile Exchange
- Medco Energi Mining Internasional
- Vedanta Resources Plc - India
- Gujarat Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Salva Resources Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Global Coal Blending Company Limited - Australia
- Jindal Steel & Power Ltd - India
- Tamil Nadu electricity Board
- Thai Mozambique Logistica
- SN Aboitiz Power Inc, Philippines
- Borneo Indobara - Indonesia
- Parliament of New Zealand
- VISA Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- European Bulk Services B.V. - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- Commonwealth Bank - Australia
- Eastern Coal Council - USA
- Indogreen Group - Indonesia
- Jaiprakash Power Ventures ltd
- Cigading International Bulk Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Standard Chartered Bank - UAE
- Intertek Mineral Services - Indonesia
- Heidelberg Cement - Germany
- CIMB Investment Bank - Malaysia
- ASAPP Information Group - India
- Mjunction Services Limited - India
- Therma Luzon, Inc, Philippines
- Indika Energy - Indonesia
- Petron Corporation, Philippines
- Global Business Power Corporation, Philippines
- Minerals Council of Australia
- Mercator Lines Limited - India
- Parry Sugars Refinery, India
- Price Waterhouse Coopers - Russia
- Latin American Coal - Colombia
- Formosa Plastics Group - Taiwan
- Miang Besar Coal Terminal - Indonesia
- Mintek Dendrill Indonesia
- ICICI Bank Limited - India
- Posco Energy - South Korea
- The State Trading Corporation of India Ltd
- Indian Energy Exchange, India
- Kideco Jaya Agung - Indonesia
- Economic Council, Georgia
- Simpson Spence & Young - Indonesia
- Electricity Generating Authority of Thailand
- GN Power Mariveles Coal Plant, Philippines
- GMR Energy Limited - India
- Malabar Cements Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Energy Link Ltd, New Zealand
- India Bulls Power Limited - India
- Indonesian Coal Mining Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thiess Contractors Indonesia
- Sical Logistics Limited - India
- Coalindo Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Ambuja Cements Ltd - India
- Romanian Commodities Exchange
- CNBM International Corporation - China
- Central Electricity Authority - India
- Deloitte Consulting - India
- Indo Tambangraya Megah - Indonesia
- Mercuria Energy - Indonesia
- Attock Cement Pakistan Limited
- Eastern Energy - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kohat Cement Company Ltd. - Pakistan
- Banpu Public Company Limited - Thailand
- Tata Chemicals Ltd - India
- Energy Development Corp, Philippines
- Goldman Sachs - Singapore
- Globalindo Alam Lestari - Indonesia
- Carbofer General Trading SA - India
- SMC Global Power, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Merrill Lynch Commodities Europe
- McConnell Dowell - Australia
- PowerSource Philippines DevCo
- Ministry of Mines - Canada
- Lanco Infratech Ltd - India
- Grasim Industreis Ltd - India
- White Energy Company Limited
- Independent Power Producers Association of India
- Sarangani Energy Corporation, Philippines
- Marubeni Corporation - India
- Wood Mackenzie - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Ceylon Electricity Board - Sri Lanka
- IHS Mccloskey Coal Group - USA
- Kobexindo Tractors - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Xindia Steels Limited - India
- Baramulti Group, Indonesia
- Directorate Of Revenue Intelligence - India
- Straits Asia Resources Limited - Singapore
- Ministry of Finance - Indonesia
- Larsen & Toubro Limited - India
- Indian Oil Corporation Limited
- Antam Resourcindo - Indonesia
- Wilmar Investment Holdings
- Jorong Barutama Greston.PT - Indonesia
- The University of Queensland
- Vijayanagar Sugar Pvt Ltd - India
- Bangladesh Power Developement Board
- London Commodity Brokers - England
- Sinarmas Energy and Mining - Indonesia
- Bhatia International Limited - India
- Makarim & Taira - Indonesia
- International Coal Ventures Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Metalloyd Limited - United Kingdom
- Orica Mining Services - Indonesia
- Interocean Group of Companies - India
- Binh Thuan Hamico - Vietnam
- Chettinad Cement Corporation Ltd - India
- Aboitiz Power Corporation - Philippines
- Power Finance Corporation Ltd., India
- Agrawal Coal Company - India
- Maheswari Brothers Coal Limited - India
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Global Green Power PLC Corporation, Philippines
- MS Steel International - UAE
- San Jose City I Power Corp, Philippines
- Madhucon Powers Ltd - India
- Karaikal Port Pvt Ltd - India
- SMG Consultants - Indonesia
- Africa Commodities Group - South Africa
- Orica Australia Pty. Ltd.
- Bhoruka Overseas - Indonesia
- Ind-Barath Power Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Anglo American - United Kingdom
- Kaltim Prima Coal - Indonesia
- Manunggal Multi Energi - Indonesia
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