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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 ($2.4 billion).
Sudirman said he was optimistic that consolidation efforts would push the development of the domestic coal market, which was in line with the government’s policy of adding power plants with a capacity of 35,000 megawatts.
“Around 60 percent of the additional electricity capacity will be supplied by coal-powered plants,” he said.
The minister said it was hoped that the policy would increase the domestic coal market from between 80-90 million tons to 250 million tons in 2019. (ebf)
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Tuesday, 26 May 15
FOB INDONESIA COAL SWAP; UP WEEK OVER WEEK
COALspot.com: Indonesian coal swap for delivery Q3 2015 gains week over week and lost month on month, this past week.
The Q3 swap was declined ...
Monday, 25 May 15
FOB NEWCASTLE COAL SWAP Q1'16 CLOSED LOWER THAN Q3'15 CLOSING
COALspot.com: API 5 FOB Newcastle Coal swap for Q3’ 2015 delivery gained US$ 0.92 per MT (2.07%) month over month and US$ 0.70 week on week. ...
Monday, 25 May 15
CFR SOUTH CHINA COAL SWAP : Q3, Q4'15 & Q1'16 INCREASED M-O-M AND W-O-W
COALspot.com: API 8 CFR South China Coal swap for Q3’ 2015 delivery up US$ 1.55 (3.09%) per MT month over month and US$ 0.72 (1.41%) pe ...
Sunday, 24 May 15
INDONESIA TO INDIA PANAMAX CHARTER RATES WERE RATING AT AROUND US$ 5500
COALspot.com: The freight market softened in all segments this past week.
The BDI was dropped 7.57 percent week over week and closed at 586 po ...
Friday, 22 May 15
FOB INDONESIA COAL Q3'15 SWAP FINISHED THE WEEK UP 38 CENTS TO $43.65 PER MT
COALspot.com: Indonesian coal swap for delivery Q3 2015 gains week over week and lost month on month, past week.
The Q3 swap was declined US$ ...
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- Renaissance Capital - South Africa
- Madhucon Powers Ltd - India
- Ambuja Cements Ltd - India
- SMG Consultants - Indonesia
- Siam City Cement PLC, Thailand
- Indian Oil Corporation Limited
- Intertek Mineral Services - Indonesia
- Riau Bara Harum - Indonesia
- Ministry of Mines - Canada
- Indika Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Vizag Seaport Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Maheswari Brothers Coal Limited - India
- Samtan Co., Ltd - South Korea
- Meenaskhi Energy Private Limited - India
- Metalloyd Limited - United Kingdom
- Mercator Lines Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Vijayanagar Sugar Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Ministry of Finance - Indonesia
- Eastern Coal Council - USA
- Semirara Mining and Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- McConnell Dowell - Australia
- Ceylon Electricity Board - Sri Lanka
- LBH Netherlands Bv - Netherlands
- Rio Tinto Coal - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Salva Resources Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Merrill Lynch Commodities Europe
- IHS Mccloskey Coal Group - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jaiprakash Power Ventures ltd
- Alfred C Toepfer International GmbH - Germany
- Parliament of New Zealand
- Makarim & Taira - Indonesia
- Baramulti Group, Indonesia
- Goldman Sachs - Singapore
- Global Coal Blending Company Limited - Australia
- San Jose City I Power Corp, Philippines
- Lanco Infratech Ltd - India
- The State Trading Corporation of India Ltd
- Electricity Authority, New Zealand
- Aboitiz Power Corporation - Philippines
- Bangladesh Power Developement Board
- Ministry of Transport, Egypt
- Orica Australia Pty. Ltd.
- European Bulk Services B.V. - Netherlands
- GAC Shipping (India) Pvt Ltd
- Tamil Nadu electricity Board
- Georgia Ports Authority, United States
- Wilmar Investment Holdings
- Jorong Barutama Greston.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- Coal and Oil Company - UAE
- PowerSource Philippines DevCo
- Neyveli Lignite Corporation Ltd, - India
- VISA Power Limited - India
- Posco Energy - South Korea
- Sarangani Energy Corporation, Philippines
- SMC Global Power, Philippines
- Singapore Mercantile Exchange
- Formosa Plastics Group - Taiwan
- Global Business Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Medco Energi Mining Internasional
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Energy - Thailand
- Rashtriya Ispat Nigam Limited - India
- MS Steel International - UAE
- Bhatia International Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Mjunction Services Limited - India
- SN Aboitiz Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Australian Commodity Traders Exchange
- Edison Trading Spa - Italy
- Australian Coal Association
- Petrochimia International Co. Ltd.- Taiwan
- Miang Besar Coal Terminal - Indonesia
- GMR Energy Limited - India
- Indo Tambangraya Megah - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kumho Petrochemical, South Korea
- International Coal Ventures Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Banpu Public Company Limited - Thailand
- CNBM International Corporation - China
- Directorate General of MIneral and Coal - Indonesia
- Grasim Industreis Ltd - India
- Indonesian Coal Mining Association
- Antam Resourcindo - Indonesia
- Ind-Barath Power Infra Limited - India
- Orica Mining Services - Indonesia
- Thiess Contractors Indonesia
- PNOC Exploration Corporation - Philippines
- Commonwealth Bank - Australia
- Mercuria Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Attock Cement Pakistan Limited
- Romanian Commodities Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Oldendorff Carriers - Singapore
- Sakthi Sugars Limited - India
- South Luzon Thermal Energy Corporation
- Pendopo Energi Batubara - Indonesia
- Indian Energy Exchange, India
- PetroVietnam Power Coal Import and Supply Company
- Trasteel International SA, Italy
- The Treasury - Australian Government
- TeaM Sual Corporation - Philippines
- Energy Link Ltd, New Zealand
- Straits Asia Resources Limited - Singapore
- Altura Mining Limited, Indonesia
- Kepco SPC Power Corporation, Philippines
- Dalmia Cement Bharat India
- Wood Mackenzie - Singapore
- AsiaOL BioFuels Corp., Philippines
- Bukit Makmur.PT - Indonesia
- Anglo American - United Kingdom
- Siam City Cement - Thailand
- Central Electricity Authority - India
- Latin American Coal - Colombia
- Karaikal Port Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Marubeni Corporation - India
- ASAPP Information Group - India
- Barasentosa Lestari - Indonesia
- Vedanta Resources Plc - India
- Gujarat Mineral Development Corp Ltd - India
- Kideco Jaya Agung - Indonesia
- Coastal Gujarat Power Limited - India
- Energy Development Corp, Philippines
- ICICI Bank Limited - India
- Central Java Power - Indonesia
- Cement Manufacturers Association - India
- Price Waterhouse Coopers - Russia
- New Zealand Coal & Carbon
- Agrawal Coal Company - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bharathi Cement Corporation - India
- White Energy Company Limited
- Economic Council, Georgia
- Power Finance Corporation Ltd., India
- Gujarat Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Planning Commission, India
- Simpson Spence & Young - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Sojitz Corporation - Japan
- Directorate Of Revenue Intelligence - India
- Timah Investasi Mineral - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Carbofer General Trading SA - India
- Thai Mozambique Logistica
- Jindal Steel & Power Ltd - India
- Aditya Birla Group - India
- Borneo Indobara - Indonesia
- Bhoruka Overseas - Indonesia
- Coalindo Energy - Indonesia
- Star Paper Mills Limited - India
- IEA Clean Coal Centre - UK
- Africa Commodities Group - South Africa
- Standard Chartered Bank - UAE
- Port Waratah Coal Services - Australia
- The University of Queensland
- Parry Sugars Refinery, India
- India Bulls Power Limited - India
- Kobexindo Tractors - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Videocon Industries ltd - India
- Tata Chemicals Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- London Commodity Brokers - England
- Leighton Contractors Pty Ltd - Australia
- PTC India Limited - India
- Binh Thuan Hamico - Vietnam
- Petron Corporation, Philippines
- Malabar Cements Ltd - India
- GVK Power & Infra Limited - India
- Sindya Power Generating Company Private Ltd
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Sidhee Cement - India
- Bhushan Steel Limited - India
- Meralco Power Generation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Therma Luzon, Inc, Philippines
- Minerals Council of Australia
- Iligan Light & Power Inc, Philippines
- Deloitte Consulting - India
- Sical Logistics Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Indogreen Group - Indonesia
- Kaltim Prima Coal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Heidelberg Cement - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Interocean Group of Companies - India
- Chamber of Mines of South Africa
- Independent Power Producers Association of India
- Bulk Trading Sa - Switzerland
- Larsen & Toubro Limited - India
- OPG Power Generation Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
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