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Wednesday, 10 June 15
WORLD COAL MARKET HEADING TO NEW EQUILIBRIUM: MINISTER - JAKARTA POST
 Energy and Mineral Resources Minister Sudirman Said has said the world’s coal market is heading towards a new balance, which will make Indonesia’s national coal industry more efficient.
"Declines in coal prices during the last several years have pushed markets to normalization because what previously occurred were abnormal profits,” he said as quoted by Antara news agency during the 21st Coaltrans Asia conference in Nusa Dua, Bali, on Monday.
Sudirman said coal prices, which had skyrocketed to above US$100 per ton, had led many industrial players to get large profits. However, the large profits they obtained in a short time had led to bad behavior from coal businesspeople or government officials.
“It has been proven that this condition has led to environmental destruction and corrupt practices in many regions across the country,” said the minister.
He said the current low coal price, around $64 per ton, would force coal producers to carry out internal consolidation.
“This will be a good situation to ‘educate’ companies to be more efficient, adhere to the law and be more committed to carrying out everything with scientific approaches,” said Sudirman.
He said it was proven that with the consolidation, national coal producers could survive. Even if the coal price was low, national coal production continued to increase.
“This shows that a low price does not affect the selling of coal,” he said.
In 2014, the realized non-tax revenues (PNBP) from coal accounted for 81 percent of total realized PNBP from the coal and mineral resources sub-sector, which reached Rp 32.3 trillion ($2.4 billion).
Sudirman said he was optimistic that consolidation efforts would push the development of the domestic coal market, which was in line with the government’s policy of adding power plants with a capacity of 35,000 megawatts.
“Around 60 percent of the additional electricity capacity will be supplied by coal-powered plants,” he said.
The minister said it was hoped that the policy would increase the domestic coal market from between 80-90 million tons to 250 million tons in 2019. (ebf)
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Wednesday, 01 July 15
BEIJING HAS OFFICIALLY EXTENDED BY TWO YEARS ITS SUBSIDY PROGRAM TO SUPPORT LOCAL SHIPPING COMPANIES IN SCRAPPING THEIR OLD TONNAGE - INTERMODAL
Last week, Beijing has officially extended by two years its subsidy program to support local shipping companies in scrapping their old tonnage in w ...
Tuesday, 30 June 15
Q1'16 FOB INDONESIA COAL SWAP CLOSED $ 43.45 PER MT
COALspot.com: Indonesian coal swap for delivery Q3 2015 declined month on month and flat week over week, this past week.
The Q3 swap was decli ...
Monday, 29 June 15
CFR SOUTH CHINA COAL SWAPS UP SLIGHTLY MONTH OVER MONTH
COALspot.com: API 8 CFR South China Coal swap for Q3’ 2015 delivery rose US$ 0.57 (1.11%) per MT month over month.
A commodity swap is a ...
Monday, 29 June 15
FOB NEWCASTLE COAL SWAP SLIGHTLY UP MONTH OVER MONTH
COALspot.com: API 5 FOB Newcastle Coal swap for Q3’ 2015 delivery up $ 0.49 per MT (1.08%) month over month to US$ 45.77 per mt. The swap was ...
Saturday, 27 June 15
THE FREIGHT MARKET WAS STEADY EARLIER IN THE WEEK; SOFTEN INTO WEEK'S END
COALspot.com: The freight market remain steady earlier in the week, but towards end of the week BDI and BCI shows some signs of softening.
The ...
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- Kideco Jaya Agung - Indonesia
- Marubeni Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Cement Manufacturers Association - India
- Salva Resources Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Energy Development Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Larsen & Toubro Limited - India
- New Zealand Coal & Carbon
- Rio Tinto Coal - Australia
- LBH Netherlands Bv - Netherlands
- GMR Energy Limited - India
- Chettinad Cement Corporation Ltd - India
- San Jose City I Power Corp, Philippines
- Electricity Generating Authority of Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Commodity Traders Exchange
- Savvy Resources Ltd - HongKong
- Antam Resourcindo - Indonesia
- Siam City Cement PLC, Thailand
- Banpu Public Company Limited - Thailand
- Petron Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Tamil Nadu electricity Board
- OPG Power Generation Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Standard Chartered Bank - UAE
- Indika Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Latin American Coal - Colombia
- Aboitiz Power Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- CIMB Investment Bank - Malaysia
- Global Green Power PLC Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ICICI Bank Limited - India
- Star Paper Mills Limited - India
- Karaikal Port Pvt Ltd - India
- Electricity Authority, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Java Power - Indonesia
- Sical Logistics Limited - India
- Coastal Gujarat Power Limited - India
- Gujarat Sidhee Cement - India
- Central Electricity Authority - India
- Essar Steel Hazira Ltd - India
- Altura Mining Limited, Indonesia
- VISA Power Limited - India
- Iligan Light & Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- ASAPP Information Group - India
- Global Coal Blending Company Limited - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Business Power Corporation, Philippines
- PowerSource Philippines DevCo
- Holcim Trading Pte Ltd - Singapore
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- Kalimantan Lumbung Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Medco Energi Mining Internasional
- Ministry of Finance - Indonesia
- Kaltim Prima Coal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Uttam Galva Steels Limited - India
- Mjunction Services Limited - India
- The State Trading Corporation of India Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bulk Trading Sa - Switzerland
- Heidelberg Cement - Germany
- South Luzon Thermal Energy Corporation
- Madhucon Powers Ltd - India
- Australian Coal Association
- Coal and Oil Company - UAE
- Ministry of Transport, Egypt
- Riau Bara Harum - Indonesia
- Eastern Coal Council - USA
- TNB Fuel Sdn Bhd - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Formosa Plastics Group - Taiwan
- Indian Energy Exchange, India
- Makarim & Taira - Indonesia
- Parliament of New Zealand
- Maheswari Brothers Coal Limited - India
- Tata Chemicals Ltd - India
- Minerals Council of Australia
- Jorong Barutama Greston.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- Indo Tambangraya Megah - Indonesia
- White Energy Company Limited
- Billiton Holdings Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Bhushan Steel Limited - India
- Videocon Industries ltd - India
- Gujarat Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Power Finance Corporation Ltd., India
- Cigading International Bulk Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- SMG Consultants - Indonesia
- Siam City Cement - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Grasim Industreis Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Thiess Contractors Indonesia
- Romanian Commodities Exchange
- Edison Trading Spa - Italy
- Mercator Lines Limited - India
- Goldman Sachs - Singapore
- Borneo Indobara - Indonesia
- Straits Asia Resources Limited - Singapore
- Miang Besar Coal Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- PTC India Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Sojitz Corporation - Japan
- London Commodity Brokers - England
- Indogreen Group - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Wilmar Investment Holdings
- Intertek Mineral Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Renaissance Capital - South Africa
- Timah Investasi Mineral - Indoneisa
- Orica Mining Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Price Waterhouse Coopers - Russia
- Ind-Barath Power Infra Limited - India
- Bharathi Cement Corporation - India
- India Bulls Power Limited - India
- Carbofer General Trading SA - India
- Kapuas Tunggal Persada - Indonesia
- Simpson Spence & Young - Indonesia
- Attock Cement Pakistan Limited
- Vijayanagar Sugar Pvt Ltd - India
- Economic Council, Georgia
- Mercuria Energy - Indonesia
- Bhatia International Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Link Ltd, New Zealand
- TeaM Sual Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Jaiprakash Power Ventures ltd
- Vedanta Resources Plc - India
- Singapore Mercantile Exchange
- Thai Mozambique Logistica
- Baramulti Group, Indonesia
- Africa Commodities Group - South Africa
- Sinarmas Energy and Mining - Indonesia
- Merrill Lynch Commodities Europe
- Parry Sugars Refinery, India
- Georgia Ports Authority, United States
- Interocean Group of Companies - India
- Jindal Steel & Power Ltd - India
- Eastern Energy - Thailand
- Lanco Infratech Ltd - India
- Ministry of Mines - Canada
- Wood Mackenzie - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- The University of Queensland
- Malabar Cements Ltd - India
- Bangladesh Power Developement Board
- International Coal Ventures Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Posco Energy - South Korea
- Kohat Cement Company Ltd. - Pakistan
- Kobexindo Tractors - Indoneisa
- Sindya Power Generating Company Private Ltd
- SMC Global Power, Philippines
- The Treasury - Australian Government
- MS Steel International - UAE
- PetroVietnam Power Coal Import and Supply Company
- Port Waratah Coal Services - Australia
- Coalindo Energy - Indonesia
- Aditya Birla Group - India
- Indonesian Coal Mining Association
- Planning Commission, India
- SN Aboitiz Power Inc, Philippines
- Independent Power Producers Association of India
- Meralco Power Generation, Philippines
- GVK Power & Infra Limited - India
- Trasteel International SA, Italy
- Xindia Steels Limited - India
- McConnell Dowell - Australia
- Dalmia Cement Bharat India
- Ambuja Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Orica Australia Pty. Ltd.
- Vizag Seaport Private Limited - India
- Deloitte Consulting - India
- Indian Oil Corporation Limited
- Binh Thuan Hamico - Vietnam
- Oldendorff Carriers - Singapore
- Sarangani Energy Corporation, Philippines
- Semirara Mining Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Commonwealth Bank - Australia
- Rashtriya Ispat Nigam Limited - India
- Mintek Dendrill Indonesia
- Sree Jayajothi Cements Limited - India
- Semirara Mining and Power Corporation, Philippines
- CNBM International Corporation - China
- Bukit Baiduri Energy - Indonesia
- Chamber of Mines of South Africa
- Agrawal Coal Company - India
- Globalindo Alam Lestari - Indonesia
- Sakthi Sugars Limited - India
- Bukit Makmur.PT - Indonesia
- Metalloyd Limited - United Kingdom
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