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Tuesday, 25 August 09
COAL OUTPUT TO RISE IN H2 BUT EXPORTS TO GO FLAT
 The leading english news paper in Indonesia reported that, It is estimated coal production will rise by 5.7 percent in the second semester from a year earlier, to bring full-year output growth to around 5 percent, although exports will remain stagnant on slightly slower demand, an industry grouping says.
In the first half of the year, coal production reached 122 million tons or about 4.2 percent higher than the same period last year, according to the Indonesian Coal Mining Association (APBI).
For the July-December period, APBI chairman Bob Kamandanu, said that the country's total production may increase by 5.7 percent to 128 million tons, from 121 million tons in the same period last year.
The increase, he said, was because the largest players in the industry increased production. The largest players in the industry include PT Bumi Resources, PT Adaro Indonesia, PT Kideco Jaya Agung, PT Berau Coal and PT Bukit Asam.
While production is rising, exports are predicted to remain relatively flat, close to the level of 160 million tons.
Bob said that declining demand from overseas industries, as they reduced their coal imports, mostly due to the global economic crisis, was the reason behind the stagnation in the country's coal exports.
"Companies from the export destination countries requested to reduce their imports by between 10 percent and 20 percent earlier this year," he said, adding that China might reduce its coal imports by 5 percent this year.
Therefore, the association expects a minor growth in exports this year, only by between 2 percent and 3 percent, to between 163.2 million and 164.8 million tons, from 160 million tons last year.
Domestic consumption meanwhile is expected to increase by 15.38 percent to 90 million tons this year, from 78 million tons last year.
He said domestic demand, showing a different pattern from exports, was still dominated by industries, such as the State Electricity Company (PLN) and coal-fired power stations like PT Paiton Energy.
Domestic coal prices averaged around Rp 600,000 per ton depending on its quality, up 18.28 percent from Rp 507,240 per ton last year, he said. (nia)
Source: The Jakarta Post
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Monday, 31 August 09
INDIA MMTC ISSUE TENDER TO IMPORT 12.5 MMT COAL TO BE SUPPLIED OVER A PERIOD OF 12 MONTHS
COALspot.com (India): MMTC has re-issued a tender to import 12.50 Million Metric Tonnes (12.50 MMT) (+/- 2%) of thermal coal to be supplied over a p ...
Monday, 31 August 09
INDONESIA ADARO'S NET PROFIT SOARS 1,506 PERCENT ON HIGH PRICES
The Jakarta Post reported that, the country's second largest coal producer, PT Adaro Energy said Sunday that its first-half net profit soared 1,506 ...
Sunday, 30 August 09
THE FUTURES FOR THREE YEARS FOR 2010-2012 IS AROUND PANAMAX / US$ 15,500 & SUPRAMAX / US$ 13,500 PER DAY
COALspot.com (Singapore): The dry bulk market continued to be soft this week and the BDI was almost stable and closed at 2,421 points this week.
...
Friday, 28 August 09
INDONESIA SEEKS TO INCREASE COAL PRODUCTION TO BOLSTER REVENUE
The Jakarta Post, the leading english news paper in Indonesia reported that, Indonesia expects to increase coal production by up to 20 million tons ...
Friday, 28 August 09
MERCURIA ENERGY OPENS INDONESIA TRADING OFFICE
COALspot.com ( Indonesia): Mercuria Energy Group has opened a new office in Jakarta, Indonesia, focussed on trading coal.
Jakarta-based Emanuele ...
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- TNB Fuel Sdn Bhd - Malaysia
- Bayan Resources Tbk. - Indonesia
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- Leighton Contractors Pty Ltd - Australia
- Thiess Contractors Indonesia
- Ministry of Finance - Indonesia
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- Australian Commodity Traders Exchange
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- Bhatia International Limited - India
- Vedanta Resources Plc - India
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- Romanian Commodities Exchange
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- PowerSource Philippines DevCo
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- PTC India Limited - India
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- Savvy Resources Ltd - HongKong
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- Oldendorff Carriers - Singapore
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- Toyota Tsusho Corporation, Japan
- GMR Energy Limited - India
- Maheswari Brothers Coal Limited - India
- Straits Asia Resources Limited - Singapore
- Renaissance Capital - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Baramulti Group, Indonesia
- Merrill Lynch Commodities Europe
- Petrochimia International Co. Ltd.- Taiwan
- Altura Mining Limited, Indonesia
- The University of Queensland
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- AsiaOL BioFuels Corp., Philippines
- Indogreen Group - Indonesia
- Independent Power Producers Association of India
- SN Aboitiz Power Inc, Philippines
- Malabar Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- McConnell Dowell - Australia
- LBH Netherlands Bv - Netherlands
- Standard Chartered Bank - UAE
- Miang Besar Coal Terminal - Indonesia
- Larsen & Toubro Limited - India
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- India Bulls Power Limited - India
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- Videocon Industries ltd - India
- Directorate General of MIneral and Coal - Indonesia
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- CNBM International Corporation - China
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- Mercator Lines Limited - India
- Medco Energi Mining Internasional
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- Bulk Trading Sa - Switzerland
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- Singapore Mercantile Exchange
- Parry Sugars Refinery, India
- Meenaskhi Energy Private Limited - India
- Kumho Petrochemical, South Korea
- Carbofer General Trading SA - India
- Global Coal Blending Company Limited - Australia
- Siam City Cement PLC, Thailand
- London Commodity Brokers - England
- Bhoruka Overseas - Indonesia
- Rio Tinto Coal - Australia
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- New Zealand Coal & Carbon
- Trasteel International SA, Italy
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- Dalmia Cement Bharat India
- Minerals Council of Australia
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- Jaiprakash Power Ventures ltd
- Ministry of Transport, Egypt
- Vizag Seaport Private Limited - India
- Indonesian Coal Mining Association
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- Banpu Public Company Limited - Thailand
- Heidelberg Cement - Germany
- Sindya Power Generating Company Private Ltd
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- Uttam Galva Steels Limited - India
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