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Wednesday, 04 December 19
INDONESIA REVIEWING RULES MANDATING COAL SALES TO LOCAL BUYERS: OFFICIAL - REUTERS
 Indonesia is reviewing rules that require coal miners to sell a portion of their coal to local buyers, a government official said on Monday, as suppliers struggle to meet the regulation.
Coal miners are currently required to sell 25% of their output to the local market, mainly state-owned electric company PT Perusahaan Listrik Negara (PLN), a policy known as the domestic market obligation (DMO). However, since PLN’s demand is limited while output is climbing, the miners are unable to maintain the ratio of exports to domestic sales.
“We are thinking of ways to avoid harming the domestic sector, but still takes care of exports,” said Bambang Gatot Ariyono, coal and minerals director general at the Ministry of Energy and Mineral Resources, said at a ministry event.
The changes are aimed at “finding the balance between domestic obligation and exports,” he said.
Pandu Sjahrir, the chairman of the Indonesian Coal Mining Association, told reporters separately on Monday that domestic coal consumption remains unchanged at 120 million tonnes a year while output is climbing to 600 million tonnes.
If the government wants to keep the 25% DMO, output should be capped at 480 million tonnes, he said.
Some miners have also complained that they cannot sell to domestic buyers because they require low-calorie coal while the miners mostly produce high-calorie coal, local media reported.
Sjahrir also said he hopes the government will remove the price cap for coal sold to PLN, currently set at $70 per ton.
Indonesia’s Energy and Mineral Resources Minister Arifin Tasrif said last month the government plans to keep the price cap at $70 for 2020.
Ariyono also said the government will also draft new regulations to support its agenda of building a downstream industry for coal.
Indonesian President Joko Widodo wants the country to expand the downstream uses for coal at home, including processing coal into dimethyl ether to substitute for imported liquefied petroleum gas (LPG).
Source: Reuters
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Sunday, 26 January 20
SUPRAMAX: THE ASIAN BASIN SAW A 56,000DWT SHIP FIXING DELIVERY SAMARINDA TRIP TO WEST COAST INDIA AT $4,750 - BALTIC BRIEFING
Capesize
The market endured heavy losses throughout the past week, with the Capesize 5TC dropping from $8,352 to $4,772. In the lead up to Chin ...
Sunday, 26 January 20
SHIPPING NEEDS TO PREPARE FOR CORONAVIRUS RESTRICTIONS WARNS HILL DICKINSON
The shipping industry needs to be prepared for potential restrictions in order to prevent the further spread of the ‘Wuhan’ coronavirus ...
Friday, 24 January 20
LOW-SULPHUR FUEL OIL PRICES DROP USD 99 PER MT IN SINGAPORE - BIMCO
Singapore has seen one of the largest drops in the price of Very Low Sulphur Fuel Oil (VLSFO), which peaked on 7 January 2020 at USD 740 per metric ...
Friday, 24 January 20
CHINA'S BENCHMARK POWER COAL PRICE REMAINED FLAT DURING THE PAST WEEK - XINHUA
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of coal prices in north China’s major ports, stood at 553 yuan (about 80.1 U.S. dollars) ...
Thursday, 23 January 20
PANAMAX: ANOTHER DISAPPOINTING WEEK IN BOTH THE ATLANTIC AND THE PACIFIC BASIN - FEARNLEYS
Cape Size
From bad to worse for the biggest ships as prices for low-sulphur fuel oil remain high whilst freight rates deteriorate further. Aver ...
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- Coalindo Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bangladesh Power Developement Board
- Sree Jayajothi Cements Limited - India
- ASAPP Information Group - India
- Semirara Mining Corp, Philippines
- Ambuja Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- McConnell Dowell - Australia
- Economic Council, Georgia
- South Luzon Thermal Energy Corporation
- Kaltim Prima Coal - Indonesia
- Heidelberg Cement - Germany
- Port Waratah Coal Services - Australia
- Siam City Cement PLC, Thailand
- Eastern Energy - Thailand
- Romanian Commodities Exchange
- Parry Sugars Refinery, India
- Timah Investasi Mineral - Indoneisa
- Trasteel International SA, Italy
- Posco Energy - South Korea
- New Zealand Coal & Carbon
- Vijayanagar Sugar Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Chettinad Cement Corporation Ltd - India
- Jindal Steel & Power Ltd - India
- IHS Mccloskey Coal Group - USA
- Wood Mackenzie - Singapore
- Price Waterhouse Coopers - Russia
- Bukit Baiduri Energy - Indonesia
- Coal and Oil Company - UAE
- Kartika Selabumi Mining - Indonesia
- Bhatia International Limited - India
- Tamil Nadu electricity Board
- Bhushan Steel Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Indonesian Coal Mining Association
- Cigading International Bulk Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- SMC Global Power, Philippines
- Salva Resources Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Marubeni Corporation - India
- The State Trading Corporation of India Ltd
- Antam Resourcindo - Indonesia
- Merrill Lynch Commodities Europe
- Karbindo Abesyapradhi - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- White Energy Company Limited
- Bulk Trading Sa - Switzerland
- Sindya Power Generating Company Private Ltd
- Siam City Cement - Thailand
- Indogreen Group - Indonesia
- Straits Asia Resources Limited - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Indika Energy - Indonesia
- Uttam Galva Steels Limited - India
- Kobexindo Tractors - Indoneisa
- Global Coal Blending Company Limited - Australia
- Mercuria Energy - Indonesia
- Power Finance Corporation Ltd., India
- Chamber of Mines of South Africa
- Sakthi Sugars Limited - India
- Vedanta Resources Plc - India
- Eastern Coal Council - USA
- Riau Bara Harum - Indonesia
- Kumho Petrochemical, South Korea
- Agrawal Coal Company - India
- Orica Mining Services - Indonesia
- The Treasury - Australian Government
- Orica Australia Pty. Ltd.
- Parliament of New Zealand
- Metalloyd Limited - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Sarangani Energy Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Minerals Council of Australia
- Mintek Dendrill Indonesia
- Bhoruka Overseas - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Wilmar Investment Holdings
- Goldman Sachs - Singapore
- IEA Clean Coal Centre - UK
- Latin American Coal - Colombia
- Holcim Trading Pte Ltd - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Australian Coal Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- India Bulls Power Limited - India
- Kideco Jaya Agung - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Leighton Contractors Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Directorate Of Revenue Intelligence - India
- Manunggal Multi Energi - Indonesia
- Mercator Lines Limited - India
- CNBM International Corporation - China
- Star Paper Mills Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Tata Chemicals Ltd - India
- Indian Oil Corporation Limited
- Edison Trading Spa - Italy
- Kepco SPC Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Energy Development Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- MS Steel International - UAE
- Madhucon Powers Ltd - India
- Sical Logistics Limited - India
- Africa Commodities Group - South Africa
- Indian Energy Exchange, India
- Attock Cement Pakistan Limited
- Thiess Contractors Indonesia
- TeaM Sual Corporation - Philippines
- Altura Mining Limited, Indonesia
- Georgia Ports Authority, United States
- European Bulk Services B.V. - Netherlands
- Iligan Light & Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Electricity Authority, New Zealand
- Singapore Mercantile Exchange
- Energy Link Ltd, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Commonwealth Bank - Australia
- Binh Thuan Hamico - Vietnam
- Aboitiz Power Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Therma Luzon, Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Sojitz Corporation - Japan
- Xindia Steels Limited - India
- Vizag Seaport Private Limited - India
- Lanco Infratech Ltd - India
- PowerSource Philippines DevCo
- CIMB Investment Bank - Malaysia
- Standard Chartered Bank - UAE
- Cement Manufacturers Association - India
- Gujarat Sidhee Cement - India
- Interocean Group of Companies - India
- Grasim Industreis Ltd - India
- Thai Mozambique Logistica
- Petron Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Maheswari Brothers Coal Limited - India
- Intertek Mineral Services - Indonesia
- Meenaskhi Energy Private Limited - India
- PNOC Exploration Corporation - Philippines
- Carbofer General Trading SA - India
- Central Java Power - Indonesia
- Larsen & Toubro Limited - India
- Videocon Industries ltd - India
- Rashtriya Ispat Nigam Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Finance - Indonesia
- Electricity Generating Authority of Thailand
- Savvy Resources Ltd - HongKong
- OPG Power Generation Pvt Ltd - India
- Meralco Power Generation, Philippines
- Anglo American - United Kingdom
- SN Aboitiz Power Inc, Philippines
- VISA Power Limited - India
- Baramulti Group, Indonesia
- GMR Energy Limited - India
- Bayan Resources Tbk. - Indonesia
- Toyota Tsusho Corporation, Japan
- Rio Tinto Coal - Australia
- Ind-Barath Power Infra Limited - India
- Ministry of Transport, Egypt
- Dalmia Cement Bharat India
- Independent Power Producers Association of India
- Global Business Power Corporation, Philippines
- PTC India Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Samtan Co., Ltd - South Korea
- ICICI Bank Limited - India
- Makarim & Taira - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Oldendorff Carriers - Singapore
- AsiaOL BioFuels Corp., Philippines
- Central Electricity Authority - India
- Petrochimia International Co. Ltd.- Taiwan
- Mjunction Services Limited - India
- SMG Consultants - Indonesia
- Deloitte Consulting - India
- Kohat Cement Company Ltd. - Pakistan
- Planning Commission, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Simpson Spence & Young - Indonesia
- London Commodity Brokers - England
- Pendopo Energi Batubara - Indonesia
- GVK Power & Infra Limited - India
- Bharathi Cement Corporation - India
- Coastal Gujarat Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- The University of Queensland
- Pipit Mutiara Jaya. PT, Indonesia
- Malabar Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Mines - Canada
- Renaissance Capital - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ceylon Electricity Board - Sri Lanka
- Medco Energi Mining Internasional
- Australian Commodity Traders Exchange
- Indo Tambangraya Megah - Indonesia
- Formosa Plastics Group - Taiwan
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