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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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Tuesday, 05 June 18
THINGS STILL LOOK TO BE PROMISING FOR THE DRY BULK MARKET OVER THE NEXT COUPLE OF MONTHS - GEORGE LAZARIDIS
Just as we thought the world was calming back down to reason, worries and frictions regarding global trade resurfaced this past week after a series ...


Tuesday, 05 June 18
INDONESIAN COAL PRICE REFERENCE IS GOING UP AGAIN
COALspot.com: According to latest ministerial decree No. 1857 K/30/MEM/2018 dated 4 June 2018, the Indonesian Coal Price Reference (HBA) up 7.91 pe ...


Saturday, 02 June 18
HOW CARBON UTILISATION WILL BE A KEY STEP IN INDIA'S CLIMATE STRATEGY - BENJAMIN SPORTON
For India, energy remains the key driver of growth, not only from an economic perspective but more importantly for accelerating social development. ...


Thursday, 31 May 18
SUPRAMAX: INDO/CHINA COAL RV IS GETTING FIXED AROUND $13K DELIVERY SINGAPORE - FEARNLEYS
Capesize The Cape market has been on a downward trend for the past week.   According to Fearnleys, Oslo based broker, Brazil market ...


Wednesday, 30 May 18
HIGH PRICE, DMO ENCOURAGE COAL MINERS TO BOOST PRODUCTION - THE JAKARTA POST
A number of coal miners are planning to increase production by 10 percent in the second half of this year after a worldwide price increase. Th ...


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