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Saturday, 28 July 18
GOVERNMENT TO REVOKE COAL PRICE CAP POLICY - JP
 The government plans to revise its domestic market obligation (DMO) on coal price next week during a high-level meeting with President Joko “Jokowi” Widodo, with among considerations being to increase state revenue from coal, the efforts of which are currently hampered because of the formula.
Deputy Energy and Mineral Resources Minister Arcandra Tahar said on Friday that the ministry would lead a team to find a new formula for the DMO on coal policy.
“We didn’t cancel the policy [DMO for coal], but the government has decided to cancel the price cap [selling price for power plants] and to find another formula,” he said.
The DMO is a policy that obliges coal miners to allocate 25 percent of production for the domestic market and to cap the selling price at no higher than US$70 per ton for state-electricity firm PLN’s coal-fired power plants.
However, the price cap for coal has resulted in state revenue taking a hit, as the selling price of coal is lower than the market price, which is currently around $100 per ton.
It has been reported that the new formula will be similar to incentives for biodiesel.
Indonesian Coal Mining Association chairman Pandu Sjahrir said previously that the policy was confusing as not all miners produced coal in accordance to the needs of PLN’s power plants.
Hence, more than six months since the implementation of the policy, not all coal miners have realized their obligation to sell coal under the market price to PLN.
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Friday, 10 August 18
U.S. COAL PRODUCTION TO DECLINE BY 1.8% IN 2019 BECAUSE COAL EXPORTS AND COAL CONSUMPTION ARE BOTH FORECAST TO DECREASE - EIA
EIA forecasts U.S. coal production will decline by 1.1% to 766 million short tons (MMst) in 2018 despite a 5.7% (6 MMst) increase in coal exports.
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Thursday, 09 August 18
RIO TINTO COMPLETES SALE OF REMAINING COAL ASSETS
Rio Tinto has completed the sale of its remaining coal assets in Queensland, Australia, for $3.95 billion.
According to a noted post ...
Wednesday, 08 August 18
CHINA DEMANDS PREMIUM IRON ORE, COAL; MINERS MIXED IMPACT - FITCH RATINGS
China’s stricter environmental regulations and structural changes in its steelmaking industry boosts ongoing demand for high-quality iron ore ...
Wednesday, 08 August 18
SHIPPING MARKET INSIGHT - CHRISTOPHER WHITTY
Singapore's shipyard business has evolved over the decades, from shipbuilding and repairs to rig building. It's now evolving again, to cate ...
Friday, 03 August 18
PHEW! ASIA, EUROPE HEATWAVE PUSHES AUSTRALIA COAL PRICES TO 6-YEAR HIGH: REUTERS
Australian thermal coal prices have hit fresh six-year highs as a heatwave across the northern hemisphere has triggered a spike in demand for coal- ...
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- Planning Commission, India
- Neyveli Lignite Corporation Ltd, - India
- Kohat Cement Company Ltd. - Pakistan
- Salva Resources Pvt Ltd - India
- Medco Energi Mining Internasional
- Electricity Authority, New Zealand
- Latin American Coal - Colombia
- Global Green Power PLC Corporation, Philippines
- Global Business Power Corporation, Philippines
- Sakthi Sugars Limited - India
- The State Trading Corporation of India Ltd
- Kaltim Prima Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Kobexindo Tractors - Indoneisa
- Xindia Steels Limited - India
- Larsen & Toubro Limited - India
- Petron Corporation, Philippines
- Kumho Petrochemical, South Korea
- Eastern Coal Council - USA
- Formosa Plastics Group - Taiwan
- Wood Mackenzie - Singapore
- Georgia Ports Authority, United States
- Kartika Selabumi Mining - Indonesia
- Tata Chemicals Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Billiton Holdings Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Sinarmas Energy and Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Minerals Council of Australia
- OPG Power Generation Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Commonwealth Bank - Australia
- Gujarat Sidhee Cement - India
- Samtan Co., Ltd - South Korea
- Timah Investasi Mineral - Indoneisa
- IHS Mccloskey Coal Group - USA
- Ind-Barath Power Infra Limited - India
- Central Java Power - Indonesia
- Karaikal Port Pvt Ltd - India
- Borneo Indobara - Indonesia
- Star Paper Mills Limited - India
- Coal and Oil Company - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- The Treasury - Australian Government
- Vizag Seaport Private Limited - India
- Vedanta Resources Plc - India
- Parry Sugars Refinery, India
- Goldman Sachs - Singapore
- Attock Cement Pakistan Limited
- Singapore Mercantile Exchange
- Energy Link Ltd, New Zealand
- Iligan Light & Power Inc, Philippines
- Grasim Industreis Ltd - India
- Lanco Infratech Ltd - India
- Bhushan Steel Limited - India
- GVK Power & Infra Limited - India
- Price Waterhouse Coopers - Russia
- Ministry of Mines - Canada
- Port Waratah Coal Services - Australia
- Merrill Lynch Commodities Europe
- Sojitz Corporation - Japan
- India Bulls Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Toyota Tsusho Corporation, Japan
- Krishnapatnam Port Company Ltd. - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aditya Birla Group - India
- Gujarat Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Dalmia Cement Bharat India
- Sical Logistics Limited - India
- Cement Manufacturers Association - India
- Mercator Lines Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Wilmar Investment Holdings
- Jaiprakash Power Ventures ltd
- PNOC Exploration Corporation - Philippines
- Uttam Galva Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- PowerSource Philippines DevCo
- Pendopo Energi Batubara - Indonesia
- Trasteel International SA, Italy
- Bulk Trading Sa - Switzerland
- Bahari Cakrawala Sebuku - Indonesia
- Tamil Nadu electricity Board
- Deloitte Consulting - India
- Ministry of Transport, Egypt
- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Holcim Trading Pte Ltd - Singapore
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Antam Resourcindo - Indonesia
- Eastern Energy - Thailand
- Sarangani Energy Corporation, Philippines
- Indonesian Coal Mining Association
- Manunggal Multi Energi - Indonesia
- Essar Steel Hazira Ltd - India
- SMC Global Power, Philippines
- Sindya Power Generating Company Private Ltd
- Savvy Resources Ltd - HongKong
- Orica Australia Pty. Ltd.
- Altura Mining Limited, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- PTC India Limited - India
- Power Finance Corporation Ltd., India
- Mercuria Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- GAC Shipping (India) Pvt Ltd
- TeaM Sual Corporation - Philippines
- Ministry of Finance - Indonesia
- Indian Energy Exchange, India
- Independent Power Producers Association of India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Asam (Persero) Tbk - Indonesia
- Bharathi Cement Corporation - India
- Carbofer General Trading SA - India
- Posco Energy - South Korea
- Economic Council, Georgia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- Metalloyd Limited - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Indika Energy - Indonesia
- Meralco Power Generation, Philippines
- Interocean Group of Companies - India
- SMG Consultants - Indonesia
- Africa Commodities Group - South Africa
- Bayan Resources Tbk. - Indonesia
- Central Electricity Authority - India
- Gujarat Mineral Development Corp Ltd - India
- Globalindo Alam Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Standard Chartered Bank - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Baramulti Group, Indonesia
- Aboitiz Power Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Sree Jayajothi Cements Limited - India
- Intertek Mineral Services - Indonesia
- Bhoruka Overseas - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Maheswari Brothers Coal Limited - India
- Siam City Cement - Thailand
- CNBM International Corporation - China
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Indogreen Group - Indonesia
- CIMB Investment Bank - Malaysia
- MS Steel International - UAE
- Romanian Commodities Exchange
- Ambuja Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- Coalindo Energy - Indonesia
- Parliament of New Zealand
- VISA Power Limited - India
- Bukit Baiduri Energy - Indonesia
- White Energy Company Limited
- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- The University of Queensland
- Banpu Public Company Limited - Thailand
- Australian Coal Association
- Barasentosa Lestari - Indonesia
- Anglo American - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kalimantan Lumbung Energi - Indonesia
- London Commodity Brokers - England
- Edison Trading Spa - Italy
- SN Aboitiz Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Renaissance Capital - South Africa
- Chamber of Mines of South Africa
- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
- Chettinad Cement Corporation Ltd - India
- Indian Oil Corporation Limited
- Thiess Contractors Indonesia
- Kapuas Tunggal Persada - Indonesia
- Videocon Industries ltd - India
- Makarim & Taira - Indonesia
- GMR Energy Limited - India
- Madhucon Powers Ltd - India
- San Jose City I Power Corp, Philippines
- Riau Bara Harum - Indonesia
- Orica Mining Services - Indonesia
- Mjunction Services Limited - India
- Agrawal Coal Company - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- ICICI Bank Limited - India
- Global Coal Blending Company Limited - Australia
- Marubeni Corporation - India
- International Coal Ventures Pvt Ltd - India
- ASAPP Information Group - India
- South Luzon Thermal Energy Corporation
- Meenaskhi Energy Private Limited - India
- Jindal Steel & Power Ltd - India
- Straits Asia Resources Limited - Singapore
- Mintek Dendrill Indonesia
- Therma Luzon, Inc, Philippines
- Heidelberg Cement - Germany
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement PLC, Thailand
- Australian Commodity Traders Exchange
- McConnell Dowell - Australia
- Semirara Mining and Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- New Zealand Coal & Carbon
- Bangladesh Power Developement Board
- Bhatia International Limited - India
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