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Thursday, 16 August 18
COAL PRODUCTION AT 37.11 PERCENT OF FULL-YEAR TARGET - THE JAKARTA POST
JakartapostIndonesian coal production was recorded at 180 million tons on Wednesday, or 37.11 percent of the government’s 485 million target this year.
 
However, President Joko “Jokowi” Widodo has said he wanted Indonesia to further increase coal production to 585 million by year-end as part of efforts to narrow the current-account deficit (CAD).
 
“Yesterday [Tuesday], during the limited Cabinet meeting, the President said that we needed foreign exchange. He raised the possibility of increasing coal production by 100 million tons,”  Energy and Mineral Resources Ministry spokesman Agung Pribadi said on Wednesday.
 
He claimed that one coal miner was ready to increase its production by 25 million tons worth around US$1.5 billion.
 
Speaking about the country’s meager coal production in the first half 2018, Agung claimed some companies had not reported their output and expressed confidence that coal miners would be able to meet the new production target.
 
“Coal [mining] is affected by the weather. Rainfall could reduce coal productivity. But the companies have their own calculations on their technical operations. Good’s willing, the target could be achieved,” Agung added.
 
Meanwhile, Indonesian Coal Miners Association (APBI) director executive Hendra Sinadia confirmed that coal production in the first half had been hampered by bad weather.
 
“Our production in the second half will increase significantly. But whether we could meet the target, it is our challenge,” Hendra said as reported by kontan.co.id, adding that coal miners welcomed the government’s plan to boost coal production this year in an effort to boost exports. (bbn)


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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
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 coa ...


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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