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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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- Samtan Co., Ltd - South Korea
- Madhucon Powers Ltd - India
- Australian Commodity Traders Exchange
- IHS Mccloskey Coal Group - USA
- Riau Bara Harum - Indonesia
- Africa Commodities Group - South Africa
- Bangladesh Power Developement Board
- Indika Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- PowerSource Philippines DevCo
- Cement Manufacturers Association - India
- Port Waratah Coal Services - Australia
- SN Aboitiz Power Inc, Philippines
- Rio Tinto Coal - Australia
- GN Power Mariveles Coal Plant, Philippines
- Latin American Coal - Colombia
- Bharathi Cement Corporation - India
- Orica Australia Pty. Ltd.
- European Bulk Services B.V. - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- TNB Fuel Sdn Bhd - Malaysia
- Aditya Birla Group - India
- The Treasury - Australian Government
- Billiton Holdings Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- Thai Mozambique Logistica
- Jorong Barutama Greston.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Lanco Infratech Ltd - India
- Standard Chartered Bank - UAE
- Ministry of Finance - Indonesia
- Barasentosa Lestari - Indonesia
- Bhushan Steel Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- New Zealand Coal & Carbon
- Bahari Cakrawala Sebuku - Indonesia
- Chamber of Mines of South Africa
- Deloitte Consulting - India
- Coal and Oil Company - UAE
- Mercuria Energy - Indonesia
- Makarim & Taira - Indonesia
- Energy Development Corp, Philippines
- Grasim Industreis Ltd - India
- Kartika Selabumi Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Manunggal Multi Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Attock Cement Pakistan Limited
- Kohat Cement Company Ltd. - Pakistan
- Holcim Trading Pte Ltd - Singapore
- Independent Power Producers Association of India
- Dalmia Cement Bharat India
- CIMB Investment Bank - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Wood Mackenzie - Singapore
- Sical Logistics Limited - India
- IEA Clean Coal Centre - UK
- Renaissance Capital - South Africa
- Kapuas Tunggal Persada - Indonesia
- Binh Thuan Hamico - Vietnam
- Heidelberg Cement - Germany
- Electricity Generating Authority of Thailand
- Star Paper Mills Limited - India
- Toyota Tsusho Corporation, Japan
- Jaiprakash Power Ventures ltd
- Romanian Commodities Exchange
- Tamil Nadu electricity Board
- Krishnapatnam Port Company Ltd. - India
- PTC India Limited - India
- The State Trading Corporation of India Ltd
- Marubeni Corporation - India
- Alfred C Toepfer International GmbH - Germany
- Baramulti Group, Indonesia
- Borneo Indobara - Indonesia
- Globalindo Alam Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Parry Sugars Refinery, India
- Therma Luzon, Inc, Philippines
- Essar Steel Hazira Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Vizag Seaport Private Limited - India
- Uttam Galva Steels Limited - India
- Kumho Petrochemical, South Korea
- Indonesian Coal Mining Association
- GAC Shipping (India) Pvt Ltd
- Semirara Mining and Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- MS Steel International - UAE
- Goldman Sachs - Singapore
- Posco Energy - South Korea
- PNOC Exploration Corporation - Philippines
- ASAPP Information Group - India
- Global Green Power PLC Corporation, Philippines
- Siam City Cement - Thailand
- Maheswari Brothers Coal Limited - India
- Eastern Energy - Thailand
- GVK Power & Infra Limited - India
- Central Java Power - Indonesia
- Ind-Barath Power Infra Limited - India
- Metalloyd Limited - United Kingdom
- Bhatia International Limited - India
- Bhoruka Overseas - Indonesia
- Minerals Council of Australia
- Wilmar Investment Holdings
- San Jose City I Power Corp, Philippines
- Coastal Gujarat Power Limited - India
- Sakthi Sugars Limited - India
- Kaltim Prima Coal - Indonesia
- Economic Council, Georgia
- AsiaOL BioFuels Corp., Philippines
- Jindal Steel & Power Ltd - India
- Ministry of Transport, Egypt
- OPG Power Generation Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Malabar Cements Ltd - India
- SMG Consultants - Indonesia
- Indian Energy Exchange, India
- Meenaskhi Energy Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Planning Commission, India
- Antam Resourcindo - Indonesia
- Anglo American - United Kingdom
- Orica Mining Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- Medco Energi Mining Internasional
- Gujarat Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Oldendorff Carriers - Singapore
- Indian Oil Corporation Limited
- Timah Investasi Mineral - Indoneisa
- Siam City Cement PLC, Thailand
- Global Coal Blending Company Limited - Australia
- Parliament of New Zealand
- Price Waterhouse Coopers - Russia
- Ceylon Electricity Board - Sri Lanka
- SMC Global Power, Philippines
- Tata Chemicals Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Iligan Light & Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Global Business Power Corporation, Philippines
- Georgia Ports Authority, United States
- Agrawal Coal Company - India
- Larsen & Toubro Limited - India
- Meralco Power Generation, Philippines
- Thiess Contractors Indonesia
- Petron Corporation, Philippines
- India Bulls Power Limited - India
- Savvy Resources Ltd - HongKong
- Ministry of Mines - Canada
- Mjunction Services Limited - India
- Rashtriya Ispat Nigam Limited - India
- GMR Energy Limited - India
- Kideco Jaya Agung - Indonesia
- Sojitz Corporation - Japan
- Sree Jayajothi Cements Limited - India
- Indo Tambangraya Megah - Indonesia
- Kobexindo Tractors - Indoneisa
- Ambuja Cements Ltd - India
- VISA Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Power Finance Corporation Ltd., India
- Mercator Lines Limited - India
- McConnell Dowell - Australia
- White Energy Company Limited
- London Commodity Brokers - England
- Indogreen Group - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vedanta Resources Plc - India
- Central Electricity Authority - India
- Salva Resources Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- The University of Queensland
- Videocon Industries ltd - India
- Carbofer General Trading SA - India
- Intertek Mineral Services - Indonesia
- CNBM International Corporation - China
- Coalindo Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- South Luzon Thermal Energy Corporation
- Xindia Steels Limited - India
- Interocean Group of Companies - India
- Eastern Coal Council - USA
- Edison Trading Spa - Italy
- Trasteel International SA, Italy
- Gujarat Sidhee Cement - India
- Sinarmas Energy and Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- Banpu Public Company Limited - Thailand
- Sindya Power Generating Company Private Ltd
- Singapore Mercantile Exchange
- Kepco SPC Power Corporation, Philippines
- ICICI Bank Limited - India
- Chettinad Cement Corporation Ltd - India
- Electricity Authority, New Zealand
- Australian Coal Association
- Bulk Trading Sa - Switzerland
- Karaikal Port Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
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