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Wednesday, 01 August 18
JOKOWI CANCELS PLAN TO REVOKE COAL DMO - JP
 President Joko "Jokowi" Widodo on Tuesday has canceled the government’s plan to revoke the domestic market obligation (DMO) for coal producers as a means to help state-owned electricity company PLN maintain current electricity rates.
Energy and Mineral Resources Minister Ignasius Jonan said revoking the government policy on the coal DMO would require a lot of effort, as it was stipulated in law, while the price cap was stated in a government regulation (PP).
"The President decided to leave [DMO rule] as it is. There is no new PP and we have same price mechanism. DMO is a mandate of Law No. 4/2009 and the $70 price cap is regulated by a PP," he said at Bogor Palace in West Java.
Prevailing regulations require coal producing companies to allocate 25 percent of their production to fuel power plants for supplying electricity to PLN at a price cap of $70 per ton of coal.
PLN president director Sofyan Basir said that the company needed around 92 million tons of coal per year, around 20 percent of national coal output.
"The market price of coal is now $120 per ton, while the price in the state budget is set at $68 to $70 per ton. If the DMO is revoked, the [resulting] subsidy would be enormous, perhaps up to Rp 30 trillion [US$2.08 billion]," he said.
Last week, Coordinating Maritime Affairs Minister Luhut Binsar Pandjaitan said the government would revoke the DMO policy for coal in response to the increasing coal price. (bbn)
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Friday, 03 August 18
HBA HAS RISEN 28.41 PER CENT IN A YEAR TO BE AT THEIR HIGHEST LEVELS SINCE JANUARY 2012
COALspot.com: The benchmark price of Indonesian thermal coal has risen 28.41 per cent in a year to be at their highest levels since January 2012.&n ...
Thursday, 02 August 18
INDO / CHINA COAL RV'S IS PAYING AROUND USD 11,000 TO SUPRAS BSS DELIVERY SINGAPORE - FEARNLEYS
Capesize
The counter seasonally strong market during the summer months bodes well for the remainder of the year.
According ...
Wednesday, 01 August 18
SHIPPING MARKET INSIGHT - GIANNIS ANDRITSOPOULOS
The dry bulk market activity over the past four weeks has remained stable when compared to the previous months. There are concerns with regards to ...
Tuesday, 31 July 18
INDONESIA UNLIKELY TO CHANGE COAL SUPPLY, PRICING RULES UNTIL 2019 - REUTERS
Indonesia is unlikely to change its rules on domestic coal supply and pricing until 2019, Coordinating Maritime Minister Luhut Pandjaitan said on M ...
Tuesday, 31 July 18
ENERGY MINISTRY REMAINS FIRM ON DMO POLICY FOR COAL - JP
The Energy and Mineral Resources Ministry has stressed that it will not cancel its policy on the domestic market obligation (DMO) for coal, as the ...
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- Kobexindo Tractors - Indoneisa
- Karaikal Port Pvt Ltd - India
- Sakthi Sugars Limited - India
- Australian Commodity Traders Exchange
- Sarangani Energy Corporation, Philippines
- Singapore Mercantile Exchange
- PTC India Limited - India
- Global Coal Blending Company Limited - Australia
- Iligan Light & Power Inc, Philippines
- Marubeni Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chamber of Mines of South Africa
- Parry Sugars Refinery, India
- Siam City Cement PLC, Thailand
- Indonesian Coal Mining Association
- Holcim Trading Pte Ltd - Singapore
- Ind-Barath Power Infra Limited - India
- Kaltim Prima Coal - Indonesia
- SMG Consultants - Indonesia
- SN Aboitiz Power Inc, Philippines
- Independent Power Producers Association of India
- CNBM International Corporation - China
- Chettinad Cement Corporation Ltd - India
- Port Waratah Coal Services - Australia
- London Commodity Brokers - England
- Makarim & Taira - Indonesia
- Sree Jayajothi Cements Limited - India
- Trasteel International SA, Italy
- Grasim Industreis Ltd - India
- Tamil Nadu electricity Board
- Central Java Power - Indonesia
- Heidelberg Cement - Germany
- Interocean Group of Companies - India
- Timah Investasi Mineral - Indoneisa
- Jindal Steel & Power Ltd - India
- Aboitiz Power Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- San Jose City I Power Corp, Philippines
- Australian Coal Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Intertek Mineral Services - Indonesia
- MS Steel International - UAE
- Jaiprakash Power Ventures ltd
- Cigading International Bulk Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bayan Resources Tbk. - Indonesia
- Kepco SPC Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- The State Trading Corporation of India Ltd
- The University of Queensland
- Thai Mozambique Logistica
- ASAPP Information Group - India
- Bhoruka Overseas - Indonesia
- PNOC Exploration Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- Dalmia Cement Bharat India
- Kalimantan Lumbung Energi - Indonesia
- Bhatia International Limited - India
- Aditya Birla Group - India
- Straits Asia Resources Limited - Singapore
- Antam Resourcindo - Indonesia
- Gujarat Sidhee Cement - India
- Orica Australia Pty. Ltd.
- Coal and Oil Company - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Gujarat Mineral Development Corp Ltd - India
- Anglo American - United Kingdom
- Bulk Trading Sa - Switzerland
- Samtan Co., Ltd - South Korea
- New Zealand Coal & Carbon
- Georgia Ports Authority, United States
- Metalloyd Limited - United Kingdom
- Global Green Power PLC Corporation, Philippines
- Eastern Coal Council - USA
- Kartika Selabumi Mining - Indonesia
- Agrawal Coal Company - India
- Salva Resources Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Videocon Industries ltd - India
- Merrill Lynch Commodities Europe
- Maharashtra Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- European Bulk Services B.V. - Netherlands
- Kapuas Tunggal Persada - Indonesia
- Mercuria Energy - Indonesia
- Sical Logistics Limited - India
- Kideco Jaya Agung - Indonesia
- Siam City Cement - Thailand
- TeaM Sual Corporation - Philippines
- Minerals Council of Australia
- Africa Commodities Group - South Africa
- Meralco Power Generation, Philippines
- Power Finance Corporation Ltd., India
- Madhucon Powers Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tata Chemicals Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Cement Manufacturers Association - India
- Gujarat Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- Bhushan Steel Limited - India
- Latin American Coal - Colombia
- ICICI Bank Limited - India
- Lanco Infratech Ltd - India
- Riau Bara Harum - Indonesia
- Oldendorff Carriers - Singapore
- Sindya Power Generating Company Private Ltd
- Indian Oil Corporation Limited
- AsiaOL BioFuels Corp., Philippines
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- McConnell Dowell - Australia
- GN Power Mariveles Coal Plant, Philippines
- Vizag Seaport Private Limited - India
- VISA Power Limited - India
- Orica Mining Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Renaissance Capital - South Africa
- Bukit Makmur.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Electricity Authority, New Zealand
- Edison Trading Spa - Italy
- Wilmar Investment Holdings
- Semirara Mining Corp, Philippines
- Baramulti Group, Indonesia
- Globalindo Alam Lestari - Indonesia
- Mercator Lines Limited - India
- Uttam Galva Steels Limited - India
- Economic Council, Georgia
- India Bulls Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Standard Chartered Bank - UAE
- Alfred C Toepfer International GmbH - Germany
- Ambuja Cements Ltd - India
- Romanian Commodities Exchange
- Parliament of New Zealand
- Directorate Of Revenue Intelligence - India
- Coalindo Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Karbindo Abesyapradhi - Indoneisa
- Malabar Cements Ltd - India
- Bangladesh Power Developement Board
- Kumho Petrochemical, South Korea
- Directorate General of MIneral and Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- Attock Cement Pakistan Limited
- Essar Steel Hazira Ltd - India
- Larsen & Toubro Limited - India
- IEA Clean Coal Centre - UK
- Coastal Gujarat Power Limited - India
- CIMB Investment Bank - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Mines - Canada
- Banpu Public Company Limited - Thailand
- Bharathi Cement Corporation - India
- Eastern Energy - Thailand
- Goldman Sachs - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Sojitz Corporation - Japan
- Petron Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Xindia Steels Limited - India
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- Indo Tambangraya Megah - Indonesia
- Pendopo Energi Batubara - Indonesia
- GMR Energy Limited - India
- Leighton Contractors Pty Ltd - Australia
- The Treasury - Australian Government
- Carbofer General Trading SA - India
- Meenaskhi Energy Private Limited - India
- Star Paper Mills Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- GAC Shipping (India) Pvt Ltd
- Vedanta Resources Plc - India
- Billiton Holdings Pty Ltd - Australia
- Medco Energi Mining Internasional
- Savvy Resources Ltd - HongKong
- SMC Global Power, Philippines
- Mjunction Services Limited - India
- Energy Link Ltd, New Zealand
- Simpson Spence & Young - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Barasentosa Lestari - Indonesia
- Indika Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Deloitte Consulting - India
- IHS Mccloskey Coal Group - USA
- Formosa Plastics Group - Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Central Electricity Authority - India
- Rio Tinto Coal - Australia
- Planning Commission, India
- Wood Mackenzie - Singapore
- Mintek Dendrill Indonesia
- Therma Luzon, Inc, Philippines
- Altura Mining Limited, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- PowerSource Philippines DevCo
- GVK Power & Infra Limited - India
- Borneo Indobara - Indonesia
- Energy Development Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Ministry of Transport, Egypt
- LBH Netherlands Bv - Netherlands
- Commonwealth Bank - Australia
- Thiess Contractors Indonesia
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