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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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Monday, 09 March 15
CHINA'S IMPORTS - NEVER MORE IMPORTANT TO SHIPPING? - CLARKSONS
Over the last 15 years China has led maritime forecasters a right old dance. In 2002, rumours that Chinese iron ore imports were about to take off ...
Sunday, 08 March 15
FREIGHT RATES FROM INDONESIA TO INDIA IS TRENDING UP
COALspot.com: The freight market continued to see gains this week and all the indices were rose except for Cape index. The BDI was increased 4.62 p ...
Friday, 06 March 15
BALTIC DRY INDEX: IS THIS POWERFUL INDICATOR SIGNALING A GLOBAL RECESSION? - STREET AUTHORITY
Although memories of the Great Recession linger, a case can be made that better days lie ahead.
That’s because central banks around the ...
Friday, 06 March 15
U.S. WEEKLY COAL PRODUCTION ROSE 3.5% WEEK ON WEEK
COALspot.com – United States the world's one of the largest coal producers, produced approximately 17.1 million short tons (mmst) of coal ...
Thursday, 05 March 15
PANAMAX : THE ATLANTIC ROUND IS NOW PAYING AROUND US$ 5K PER DAY
COALspot.com: Handy - The activity in the handy/supra segment is back. “ We see more fresh cargo in the market for 2nd half March dates ...
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- LBH Netherlands Bv - Netherlands
- Jindal Steel & Power Ltd - India
- New Zealand Coal & Carbon
- Lanco Infratech Ltd - India
- ICICI Bank Limited - India
- Videocon Industries ltd - India
- McConnell Dowell - Australia
- Binh Thuan Hamico - Vietnam
- OPG Power Generation Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Kobexindo Tractors - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Intertek Mineral Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- Parry Sugars Refinery, India
- Xindia Steels Limited - India
- Eastern Coal Council - USA
- Barasentosa Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Interocean Group of Companies - India
- San Jose City I Power Corp, Philippines
- ASAPP Information Group - India
- Meenaskhi Energy Private Limited - India
- Electricity Generating Authority of Thailand
- Edison Trading Spa - Italy
- Indogreen Group - Indonesia
- Riau Bara Harum - Indonesia
- TeaM Sual Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining and Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Mercuria Energy - Indonesia
- Kumho Petrochemical, South Korea
- Minerals Council of Australia
- Bulk Trading Sa - Switzerland
- Timah Investasi Mineral - Indoneisa
- White Energy Company Limited
- Dalmia Cement Bharat India
- Agrawal Coal Company - India
- Africa Commodities Group - South Africa
- Romanian Commodities Exchange
- Straits Asia Resources Limited - Singapore
- Economic Council, Georgia
- Orica Australia Pty. Ltd.
- Pendopo Energi Batubara - Indonesia
- Vedanta Resources Plc - India
- Banpu Public Company Limited - Thailand
- Global Coal Blending Company Limited - Australia
- Star Paper Mills Limited - India
- GVK Power & Infra Limited - India
- Indian Oil Corporation Limited
- CIMB Investment Bank - Malaysia
- Posco Energy - South Korea
- Aditya Birla Group - India
- Sindya Power Generating Company Private Ltd
- Ministry of Finance - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Planning Commission, India
- Holcim Trading Pte Ltd - Singapore
- Standard Chartered Bank - UAE
- Siam City Cement PLC, Thailand
- Grasim Industreis Ltd - India
- Kepco SPC Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Oldendorff Carriers - Singapore
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
- Heidelberg Cement - Germany
- Meralco Power Generation, Philippines
- Uttam Galva Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Samtan Co., Ltd - South Korea
- Attock Cement Pakistan Limited
- Singapore Mercantile Exchange
- GMR Energy Limited - India
- Ambuja Cements Ltd - India
- Latin American Coal - Colombia
- Cigading International Bulk Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Borneo Indobara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining Corp, Philippines
- Coalindo Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Energy Development Corp, Philippines
- South Luzon Thermal Energy Corporation
- Goldman Sachs - Singapore
- Vizag Seaport Private Limited - India
- Salva Resources Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Bharathi Cement Corporation - India
- Sarangani Energy Corporation, Philippines
- Australian Coal Association
- SMC Global Power, Philippines
- Miang Besar Coal Terminal - Indonesia
- Sical Logistics Limited - India
- Electricity Authority, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Ceylon Electricity Board - Sri Lanka
- PNOC Exploration Corporation - Philippines
- Australian Commodity Traders Exchange
- Tata Chemicals Ltd - India
- The Treasury - Australian Government
- Indika Energy - Indonesia
- Port Waratah Coal Services - Australia
- VISA Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Iligan Light & Power Inc, Philippines
- Tamil Nadu electricity Board
- Bhushan Steel Limited - India
- Central Electricity Authority - India
- Altura Mining Limited, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chettinad Cement Corporation Ltd - India
- Coal and Oil Company - UAE
- PetroVietnam Power Coal Import and Supply Company
- Mjunction Services Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SN Aboitiz Power Inc, Philippines
- Indian Energy Exchange, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Carbofer General Trading SA - India
- Vijayanagar Sugar Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Toyota Tsusho Corporation, Japan
- Kalimantan Lumbung Energi - Indonesia
- Makarim & Taira - Indonesia
- Therma Luzon, Inc, Philippines
- Marubeni Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Independent Power Producers Association of India
- Antam Resourcindo - Indonesia
- Mercator Lines Limited - India
- Petron Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Commonwealth Bank - Australia
- Wilmar Investment Holdings
- International Coal Ventures Pvt Ltd - India
- India Bulls Power Limited - India
- Coastal Gujarat Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Directorate Of Revenue Intelligence - India
- Sree Jayajothi Cements Limited - India
- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
- TNB Fuel Sdn Bhd - Malaysia
- Jaiprakash Power Ventures ltd
- Rashtriya Ispat Nigam Limited - India
- Krishnapatnam Port Company Ltd. - India
- Orica Mining Services - Indonesia
- Mintek Dendrill Indonesia
- Kideco Jaya Agung - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Ind-Barath Power Infra Limited - India
- Thiess Contractors Indonesia
- Bukit Makmur.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parliament of New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Rio Tinto Coal - Australia
- Anglo American - United Kingdom
- CNBM International Corporation - China
- Bukit Baiduri Energy - Indonesia
- Sojitz Corporation - Japan
- Siam City Cement - Thailand
- Kartika Selabumi Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Chamber of Mines of South Africa
- The University of Queensland
- Global Business Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Bhatia International Limited - India
- Larsen & Toubro Limited - India
- Bangladesh Power Developement Board
- Ministry of Transport, Egypt
- The State Trading Corporation of India Ltd
- Simpson Spence & Young - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMG Consultants - Indonesia
- Madhucon Powers Ltd - India
- Aboitiz Power Corporation - Philippines
- Wood Mackenzie - Singapore
- Georgia Ports Authority, United States
- Billiton Holdings Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Ministry of Mines - Canada
- Kohat Cement Company Ltd. - Pakistan
- Kaltim Prima Coal - Indonesia
- Baramulti Group, Indonesia
- Malabar Cements Ltd - India
- Trasteel International SA, Italy
- Savvy Resources Ltd - HongKong
- Jorong Barutama Greston.PT - Indonesia
- Sakthi Sugars Limited - India
- GN Power Mariveles Coal Plant, Philippines
- MS Steel International - UAE
- Deloitte Consulting - India
- Indonesian Coal Mining Association
- Power Finance Corporation Ltd., India
- Gujarat Sidhee Cement - India
- Manunggal Multi Energi - Indonesia
- Thai Mozambique Logistica
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- London Commodity Brokers - England
- Medco Energi Mining Internasional
- PTC India Limited - India
- Renaissance Capital - South Africa
- Merrill Lynch Commodities Europe
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