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Friday, 28 September 18
INDONESIA 2018 COAL OUTPUT TARGET NOW AROUND 507 MLN T - ENERGY MINISTRY : REUTERS
 Indonesia has increased its 2018 coal production target to around 507 million tonnes from a previous target of 485 million tonnes, the Energy Ministry said on Wednesday, a move that may add to downward pressure on prices for the fuel.
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Indonesia coal consumption for power seen around 88.5 mln T -PLN
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Additional supply, reduced demand seen impacting prices
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Asian benchmark coal prices down 6 pct since Aug 1
Indonesia is the world’s top exporter of thermal coal, and it had earlier proposed additional output of up to 100 million tonnes to help the rupiah, whose value has fallen nearly 10 percent against the U.S. dollar this year.
The government has issued additional output quotas of 21.9 million tonnes, split among 32 coal miners, Energy and Mineral Resources Spokesman Agung Pribadi said in a text message.
Pribadi declined to provide details on the companies that received the additional quotas.
All of the additional output could be exported, he said, adding that no further applications for increases to 2018 coal output quotas are being reviewed by the ministry.
The country’s miners, though, are being conservative about increasing output and may face difficulties due to heavy equipment shortages, said Indonesian Coal Mining Association Executive Director Hendra Sinadia.
“This will definitely impact prices,” Sinadia said, referring to prices for coal with an energy content of up to 5,000 kilocalories per kilogram.
The Newcastle weekly index, the Asian benchmark, has declined 6 percent since Aug. 1, and was at $113 a tonne as of Friday.
“From August to September (prices) declined a lot,” he said.
The Indonesia Coal Benchmark Price (HBA) was set at $104.81 in September, down from $107.83 a tonne in August, government data showed.
Also, the low calorie coal market is already saturated, he Sinadia said.
As well, weaker demand from key buyer China could dampen Indonesia’s hopes of exporting the additional supply, said consulting firm Wood Mackenzie.
“The government’s attempt to boost exports is unlikely to meet its desired goals,” Woodmac said in a recent research note.
Separately on Wednesday, state-owned electricity utility Perusahaan Listrik Negara (PLN) revised its 2018 coal consumption target down for Southeast Asia’s largest economy, amid slower growth.
Indonesia’s coal consumption for power by PLN and independent power producers is expected to reach 88.5 million tonnes in 2018, below a 2018 target of 92 million tonnes, PLN coal contract manager Tri Joko told reporters.
But in 2019, PLN expects coal consumption to increase to 96 million tonnes, Joko said.
“There are several PLN and independent power station projects that will come up this year and in 2019,” he said, adding that PLN’s forecast for economic improvement in Indonesia will mean more coal is required.
Indonesia’s coal consumption for power was at 82.2 million tonnes in 2017.
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Monday, 01 October 18
A NO-DEAL BREXIT WILL UNDOUBTEDLY HAVE CONSEQUENCES FOR IMPORTERS AND EXPORTERS - KATE JONES, THE BALTIC BRIEFING
If you live in the UK, you might be finding it difficult to get away from the Brexit debate. “Hard Brexit”, “soft Brexit”, ...
Friday, 28 September 18
FITCH RATINGS: METALLURGICAL COAL MINERS MAY CURB COSTS AS PRICES SLIP
Strong cost inflation in the global metallurgical coal sector suggests that miners may focus on cost controls as prices decline from their current ...
Wednesday, 26 September 18
IS YOUR CHARTER PARTY READY FOR 2020? - METTE KRONHOLM FRAENDE, BIMCO
As the deadline for the IMO’s global low-sulphur fuel requirements fast approaches, it is necessary to carefully check the bunker clauses in ...
Wednesday, 26 September 18
SHIPPING MARKET INSIGHT - GEORGE ILIOPOULOS
Despite the fact that the dry bulk SnP market saw an admittedly busy summer season, there is a noticeable slowdown in activity during the past thre ...
Tuesday, 25 September 18
THE INCONVENIENT TRUTH OF RISING COAL PRICES - FORBES
Coal prices are not supposed to be rising as governments tighten environmental controls but that’s precisely what is happening at the premium ...
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Showing 1606 to 1610 news of total 6871 |
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- Timah Investasi Mineral - Indoneisa
- Metalloyd Limited - United Kingdom
- Bhoruka Overseas - Indonesia
- Sarangani Energy Corporation, Philippines
- PTC India Limited - India
- Iligan Light & Power Inc, Philippines
- Singapore Mercantile Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Binh Thuan Hamico - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Africa Commodities Group - South Africa
- Aditya Birla Group - India
- Uttam Galva Steels Limited - India
- Parliament of New Zealand
- McConnell Dowell - Australia
- Attock Cement Pakistan Limited
- Global Coal Blending Company Limited - Australia
- Chettinad Cement Corporation Ltd - India
- Merrill Lynch Commodities Europe
- Malabar Cements Ltd - India
- Commonwealth Bank - Australia
- Price Waterhouse Coopers - Russia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Agrawal Coal Company - India
- India Bulls Power Limited - India
- Jaiprakash Power Ventures ltd
- Minerals Council of Australia
- Rashtriya Ispat Nigam Limited - India
- Indian Oil Corporation Limited
- Kideco Jaya Agung - Indonesia
- Mercuria Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- VISA Power Limited - India
- Kumho Petrochemical, South Korea
- PNOC Exploration Corporation - Philippines
- Siam City Cement PLC, Thailand
- Chamber of Mines of South Africa
- Bhushan Steel Limited - India
- Energy Development Corp, Philippines
- Grasim Industreis Ltd - India
- The Treasury - Australian Government
- Banpu Public Company Limited - Thailand
- CIMB Investment Bank - Malaysia
- Sical Logistics Limited - India
- Kaltim Prima Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- SN Aboitiz Power Inc, Philippines
- Eastern Energy - Thailand
- Baramulti Group, Indonesia
- Kobexindo Tractors - Indoneisa
- Essar Steel Hazira Ltd - India
- Cement Manufacturers Association - India
- Bhatia International Limited - India
- Siam City Cement - Thailand
- Orica Mining Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Formosa Plastics Group - Taiwan
- Gujarat Sidhee Cement - India
- Ind-Barath Power Infra Limited - India
- Eastern Coal Council - USA
- TNB Fuel Sdn Bhd - Malaysia
- CNBM International Corporation - China
- Bukit Makmur.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Edison Trading Spa - Italy
- ASAPP Information Group - India
- Ministry of Transport, Egypt
- Kohat Cement Company Ltd. - Pakistan
- Interocean Group of Companies - India
- Latin American Coal - Colombia
- Simpson Spence & Young - Indonesia
- Wood Mackenzie - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tata Chemicals Ltd - India
- Borneo Indobara - Indonesia
- Straits Asia Resources Limited - Singapore
- Global Business Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Mintek Dendrill Indonesia
- Star Paper Mills Limited - India
- Coalindo Energy - Indonesia
- ICICI Bank Limited - India
- Anglo American - United Kingdom
- Ministry of Finance - Indonesia
- Globalindo Alam Lestari - Indonesia
- SMC Global Power, Philippines
- Ambuja Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- MS Steel International - UAE
- IEA Clean Coal Centre - UK
- Bharathi Cement Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Madhucon Powers Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Indogreen Group - Indonesia
- Karaikal Port Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- Medco Energi Mining Internasional
- Vizag Seaport Private Limited - India
- The State Trading Corporation of India Ltd
- Neyveli Lignite Corporation Ltd, - India
- Samtan Co., Ltd - South Korea
- PowerSource Philippines DevCo
- Kepco SPC Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- TeaM Sual Corporation - Philippines
- Riau Bara Harum - Indonesia
- Port Waratah Coal Services - Australia
- Renaissance Capital - South Africa
- Sindya Power Generating Company Private Ltd
- Jorong Barutama Greston.PT - Indonesia
- Indonesian Coal Mining Association
- San Jose City I Power Corp, Philippines
- Orica Australia Pty. Ltd.
- Vijayanagar Sugar Pvt Ltd - India
- GMR Energy Limited - India
- Power Finance Corporation Ltd., India
- Economic Council, Georgia
- White Energy Company Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bulk Trading Sa - Switzerland
- Oldendorff Carriers - Singapore
- Planning Commission, India
- Marubeni Corporation - India
- Electricity Generating Authority of Thailand
- Vedanta Resources Plc - India
- PetroVietnam Power Coal Import and Supply Company
- Parry Sugars Refinery, India
- Intertek Mineral Services - Indonesia
- Lanco Infratech Ltd - India
- Pendopo Energi Batubara - Indonesia
- Toyota Tsusho Corporation, Japan
- Meenaskhi Energy Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Central Java Power - Indonesia
- Global Green Power PLC Corporation, Philippines
- Heidelberg Cement - Germany
- Australian Commodity Traders Exchange
- International Coal Ventures Pvt Ltd - India
- Petron Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Salva Resources Pvt Ltd - India
- Indika Energy - Indonesia
- Independent Power Producers Association of India
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Baiduri Energy - Indonesia
- GVK Power & Infra Limited - India
- Posco Energy - South Korea
- Semirara Mining Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Carbofer General Trading SA - India
- IHS Mccloskey Coal Group - USA
- Ministry of Mines - Canada
- LBH Netherlands Bv - Netherlands
- Tamil Nadu electricity Board
- Kalimantan Lumbung Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Central Electricity Authority - India
- Meralco Power Generation, Philippines
- New Zealand Coal & Carbon
- Mjunction Services Limited - India
- Xindia Steels Limited - India
- Videocon Industries ltd - India
- Coastal Gujarat Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Deloitte Consulting - India
- Thai Mozambique Logistica
- Kapuas Tunggal Persada - Indonesia
- Indo Tambangraya Megah - Indonesia
- South Luzon Thermal Energy Corporation
- Standard Chartered Bank - UAE
- Australian Coal Association
- Sakthi Sugars Limited - India
- Alfred C Toepfer International GmbH - Germany
- Goldman Sachs - Singapore
- Savvy Resources Ltd - HongKong
- Wilmar Investment Holdings
- Karbindo Abesyapradhi - Indoneisa
- Antam Resourcindo - Indonesia
- Jindal Steel & Power Ltd - India
- Thiess Contractors Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Romanian Commodities Exchange
- Mercator Lines Limited - India
- Maheswari Brothers Coal Limited - India
- Electricity Authority, New Zealand
- Energy Link Ltd, New Zealand
- Krishnapatnam Port Company Ltd. - India
- Larsen & Toubro Limited - India
- London Commodity Brokers - England
- Dalmia Cement Bharat India
- The University of Queensland
- Coal and Oil Company - UAE
- Manunggal Multi Energi - Indonesia
- Georgia Ports Authority, United States
- Indian Energy Exchange, India
- Gujarat Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- Barasentosa Lestari - Indonesia
- Makarim & Taira - Indonesia
- Kartika Selabumi Mining - Indonesia
- SMG Consultants - Indonesia
- Bangladesh Power Developement Board
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