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Tuesday, 01 January 19
INDONESIA: COAL PRODUCTION EXPECTED TO EXCEED THIS YEAR'S TARGET - JP
The Jakarta PostIndonesian coal production reached 456 million tons up to Thursday or 94.02 percent of this year’s total target of 485 million tons, according to Energy and Mineral Resources Ministry data, the Jakarta post reported. 
 
The ministry’s spokesperson, Agung Pribadi, estimated that this year’s production would exceed the target.
 
According the Jakarta Post, he explained that up to the end of November, production had reached 441 million tons and another 15 million tons were produced this month up to Thursday.
 
“Meanwhile, the coal that was sold through the domestic market obligation (DMO) scheme, had already reached 105 million tons up to the end of November. And up to the end of this year, the figure will reach 115 million tons,” he said.
 
The Jakarta post further noted that, it means that coal exports in the first 11 months reached 336 million tons — the total production up to the end of November minus the domestic consumption through the DMO scheme.
 
Initially, this year’s coal production target was 406 million tons as stated in the national mid-term development plan (RJPMN) for 2015 to 2019, but the ministry later revised the target to 485 million tons to try and get more foreign exchange.


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Recent News

Monday, 01 April 19
AUSTRALIAN COAL AT RISK FROM CHINA MOVE, WARNS GOVERNMENT REPORT - SYDNEY MORNING HERALD
A new government report warns China’s restrictions on coal imports is the number one risk for Australian coal this year and could lead to a s ...


Saturday, 30 March 19
KOEN INVITES BIDS FOR 450,000 TONS OF (SUB) BITUMINOUS COAL FOR H1 AND JUNE 2019
South Korea state-owned utility KOREA SOUTH-EAST POWER CO., LTD. (KOEN) issued a tender for total 450,000  MT of min. 4300, 3500 and 5600 NCV ...


Wednesday, 27 March 19
SHIPPING MARKET INSIGHT - INTERMODAL
Contrary to the December 2018 forecasts but in line with the expectations of the dry bulk market, the first quarter of the year closed negatively. ...


Saturday, 23 March 19
IT WAS A POSITIVE WEEK FOR THE HANDY SIZE MARKET - BALTIC BRIEFING
Capesize The big ships endured heavy losses last week extinguishing any hopes from the recent minor rally. Negative sentiment gained pace throu ...


Friday, 22 March 19
CHINA MARKET: COAL OUT IN THE COLD - BUSINESS RECORDER
Though China maintains there is no ban, China-bound Australian coal shipments are looking for a new home. For the past few months, coal cargoes are ...


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