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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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Tuesday, 24 July 18
TANKER MARKET : IN TERMS OF TRADE, THE STEPS THAT WERE SLOWLY BEING TAKEN BY OPEC AND RUSSIA - GEORGE LAZARIDIS
Despite the fact that the tanker market still seems to be in the midst of a perfect storm, there are still strong indicators that better sailing da ...
Thursday, 19 July 18
VINACOMIN PRODUCES OVER 20 MLN TONNES OF RAW COAL FROM YEAR'S START - VNA
The Vietnam National Coal and Mineral Industries Group (Vinacomin) has produced over 20 million tonnes of raw coal and 19.3 million of clean coal f ...
Wednesday, 18 July 18
INDONESIA TO AUCTION 16 MINING SITES - JP
Indonesia will soon auction 16 mining sites as no proposal submissions have been submitted by state-owned enterprises (BUMN) and regional administr ...
Wednesday, 18 July 18
SHIPPING MARKET INSIGHT - VASILIS MOIRIS
The new regulations for Chinese flag restricting import of Tier I ships have dominated market sentiment during the past days as buyers have been tr ...
Thursday, 12 July 18
SUPRAMAX: INDO/CHINA COAL RV IS BEING FIXED AROUND USD 10500 BSS SINGAPORE - FEARNLEYS
Capesize
Cape market continue to be extremely volatile says Fearnleys in its latst weekly report.
The further noted that, last week ended wi ...
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- Bhushan Steel Limited - India
- Vizag Seaport Private Limited - India
- Gujarat Sidhee Cement - India
- Alfred C Toepfer International GmbH - Germany
- Wood Mackenzie - Singapore
- Mercator Lines Limited - India
- Sojitz Corporation - Japan
- Parry Sugars Refinery, India
- Georgia Ports Authority, United States
- Kaltim Prima Coal - Indonesia
- Agrawal Coal Company - India
- Indogreen Group - Indonesia
- Central Electricity Authority - India
- Energy Development Corp, Philippines
- Minerals Council of Australia
- Xindia Steels Limited - India
- Coal and Oil Company - UAE
- Cigading International Bulk Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- Essar Steel Hazira Ltd - India
- Metalloyd Limited - United Kingdom
- Grasim Industreis Ltd - India
- Deloitte Consulting - India
- GAC Shipping (India) Pvt Ltd
- Intertek Mineral Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Banpu Public Company Limited - Thailand
- Semirara Mining and Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Orica Mining Services - Indonesia
- Port Waratah Coal Services - Australia
- Bayan Resources Tbk. - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Billiton Holdings Pty Ltd - Australia
- Heidelberg Cement - Germany
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Siam City Cement - Thailand
- Kobexindo Tractors - Indoneisa
- Thai Mozambique Logistica
- Ministry of Transport, Egypt
- IEA Clean Coal Centre - UK
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Binh Thuan Hamico - Vietnam
- Goldman Sachs - Singapore
- Australian Commodity Traders Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Chamber of Mines of South Africa
- LBH Netherlands Bv - Netherlands
- Bukit Baiduri Energy - Indonesia
- Baramulti Group, Indonesia
- South Luzon Thermal Energy Corporation
- Singapore Mercantile Exchange
- Neyveli Lignite Corporation Ltd, - India
- Borneo Indobara - Indonesia
- Bharathi Cement Corporation - India
- Therma Luzon, Inc, Philippines
- Larsen & Toubro Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Leighton Contractors Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Jaiprakash Power Ventures ltd
- Posco Energy - South Korea
- Kideco Jaya Agung - Indonesia
- European Bulk Services B.V. - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- Independent Power Producers Association of India
- Timah Investasi Mineral - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Economic Council, Georgia
- White Energy Company Limited
- Uttam Galva Steels Limited - India
- Lanco Infratech Ltd - India
- Ministry of Finance - Indonesia
- Australian Coal Association
- Romanian Commodities Exchange
- Edison Trading Spa - Italy
- Renaissance Capital - South Africa
- Karaikal Port Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Oldendorff Carriers - Singapore
- SMC Global Power, Philippines
- Altura Mining Limited, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- VISA Power Limited - India
- San Jose City I Power Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Globalindo Alam Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- GVK Power & Infra Limited - India
- Bhatia International Limited - India
- Salva Resources Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Medco Energi Mining Internasional
- Price Waterhouse Coopers - Russia
- Bhoruka Overseas - Indonesia
- IHS Mccloskey Coal Group - USA
- Meralco Power Generation, Philippines
- Jindal Steel & Power Ltd - India
- Sical Logistics Limited - India
- PowerSource Philippines DevCo
- Orica Australia Pty. Ltd.
- Dalmia Cement Bharat India
- Karbindo Abesyapradhi - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement PLC, Thailand
- Commonwealth Bank - Australia
- Kartika Selabumi Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ambuja Cements Ltd - India
- Indian Energy Exchange, India
- Malabar Cements Ltd - India
- Energy Link Ltd, New Zealand
- Standard Chartered Bank - UAE
- Eastern Energy - Thailand
- Rio Tinto Coal - Australia
- Tamil Nadu electricity Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Trasteel International SA, Italy
- AsiaOL BioFuels Corp., Philippines
- Indo Tambangraya Megah - Indonesia
- Electricity Generating Authority of Thailand
- Chettinad Cement Corporation Ltd - India
- Antam Resourcindo - Indonesia
- Madhucon Powers Ltd - India
- Videocon Industries ltd - India
- International Coal Ventures Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Coastal Gujarat Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Kepco SPC Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Aboitiz Power Corporation - Philippines
- India Bulls Power Limited - India
- Sarangani Energy Corporation, Philippines
- London Commodity Brokers - England
- Holcim Trading Pte Ltd - Singapore
- Krishnapatnam Port Company Ltd. - India
- ICICI Bank Limited - India
- Kalimantan Lumbung Energi - Indonesia
- The Treasury - Australian Government
- Merrill Lynch Commodities Europe
- Indian Oil Corporation Limited
- Samtan Co., Ltd - South Korea
- Mjunction Services Limited - India
- Ceylon Electricity Board - Sri Lanka
- ASAPP Information Group - India
- McConnell Dowell - Australia
- Indonesian Coal Mining Association
- Interocean Group of Companies - India
- Cement Manufacturers Association - India
- Mercuria Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Wilmar Investment Holdings
- Vijayanagar Sugar Pvt Ltd - India
- Tata Chemicals Ltd - India
- Aditya Birla Group - India
- Thiess Contractors Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Attock Cement Pakistan Limited
- Pendopo Energi Batubara - Indonesia
- Global Business Power Corporation, Philippines
- MS Steel International - UAE
- Sree Jayajothi Cements Limited - India
- Star Paper Mills Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- The University of Queensland
- CNBM International Corporation - China
- Anglo American - United Kingdom
- SMG Consultants - Indonesia
- Latin American Coal - Colombia
- GN Power Mariveles Coal Plant, Philippines
- Eastern Coal Council - USA
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining Corp, Philippines
- TeaM Sual Corporation - Philippines
- Coalindo Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Sakthi Sugars Limited - India
- Mintek Dendrill Indonesia
- The State Trading Corporation of India Ltd
- Africa Commodities Group - South Africa
- Bangladesh Power Developement Board
- Barasentosa Lestari - Indonesia
- Marubeni Corporation - India
- Indika Energy - Indonesia
- Power Finance Corporation Ltd., India
- PTC India Limited - India
- New Zealand Coal & Carbon
- Bulk Trading Sa - Switzerland
- Savvy Resources Ltd - HongKong
- Vedanta Resources Plc - India
- Central Java Power - Indonesia
- Kumho Petrochemical, South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Mines - Canada
- Electricity Authority, New Zealand
- Gujarat Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Iligan Light & Power Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Carbofer General Trading SA - India
- Formosa Plastics Group - Taiwan
- Parliament of New Zealand
- Petron Corporation, Philippines
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