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Thursday, 11 June 20
JAN-MAY, INDONESIA SHIPPED 175.15 MILLION TONS OF COAL TO ITS OVERSEAS BUYERS
 Indonesia's coal production for the first 5 months of this year have reached 228 million tons. January – May 2020, Indonesia shipped US$ 7.77 billion worth of 175.15 million tons of coal to its overseas buyers. While the coal miners, have supplied 53.55 million tons of coal to domestic end-users under the Domestic Market Obligation (DMO) requirement, CNBC Indonesia reported.
According to CNBC reports, Agung Pribadi, the Head of Communication and Public Information and Cooperation Agency (KLIK) of the Ministry of Energy and Mineral Resources, said that “the realization of coal production as of 31 May 2020 was still in line with the target of ministry. The country has already mined 228 million tons of coal by May 2020 which is 42% of targeted volume for 2020.
The country is also targeting to export around 435 million tons of coal in 2020.
CNBC further reported, according to him, coal demand and trade in the international market in 2020 is expected to decrease due to the Covid-19 pandemic. To address the low demand from its traditional buyers, Indonesia is also exploring to export to several other developing countries, "such as Vietnam, Bangladesh, and Pakistan. In addition, it will increase the efficiency of the coal supply chain of coal importing countries and conducts direct contracts or direct shipping to importing countries," he said,
CNBC further noted that, Even though production is in line with the target, it does not mean that Covid-19 has no impact on the coal industry. The Ministry of Energy and Mineral Resources previously projected the price of Indonesian coal at the end of 2020 to be in the range of US$ 59-61 per ton.
According to the Ministry of Energy and Mineral Resources, the price of Indonesian coal at the end of 2020 is estimated to be around US$ 59-61 per ton. By the end of 2021 it will reach US$ 66 per ton, and at the end of 2022 it will be at around US$ 69 per ton.
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Friday, 29 May 20
DRY BULK SHIPPING: NO QUICK RECOVERY FOR THE DRY BULK MARKET AS COVID-19 DIGS DEEPER
The outlook is poor for dry bulk, as the negative demand shock and overcapacity come together to send rates to multi-year lows, even a return to wo ...
Thursday, 28 May 20
COVID-19: A FORCE MAJEURE EVENT? - KYPRIANOU
KNOWLEDGE TO ELEVATE
While seeing the unexpected COVID-19 outbreak expanding worldwide and the first cases being identified in Cyprus, the com ...
Thursday, 28 May 20
OIL DEMAND RECOVERED BY 20% IN MAY AGAINST APRIL: RUSSIAN ENERGY MINISTER - TASS
Oil demand remains at a low level but the demand in May increased by 20% against April, Russian Energy Minister Alexander Novak said, cited by the ...
Thursday, 28 May 20
MARKET INSIGHT - INTERMODAL
Earlier in May, China’s top leaders convened for the annual National People's Congress, following over two months of delays due to the co ...
Wednesday, 27 May 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.94 PCT - XINHUA
China Taiyuan coal transaction price index stood at 125.03 points Monday, up 0.94 percent week on week.
The index, released by China ...
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- Vizag Seaport Private Limited - India
- European Bulk Services B.V. - Netherlands
- Tata Chemicals Ltd - India
- Madhucon Powers Ltd - India
- Aboitiz Power Corporation - Philippines
- Semirara Mining Corp, Philippines
- Edison Trading Spa - Italy
- Price Waterhouse Coopers - Russia
- Chamber of Mines of South Africa
- Power Finance Corporation Ltd., India
- London Commodity Brokers - England
- The State Trading Corporation of India Ltd
- San Jose City I Power Corp, Philippines
- Altura Mining Limited, Indonesia
- Malabar Cements Ltd - India
- Gujarat Sidhee Cement - India
- Miang Besar Coal Terminal - Indonesia
- Meralco Power Generation, Philippines
- Tamil Nadu electricity Board
- Carbofer General Trading SA - India
- Energy Link Ltd, New Zealand
- Goldman Sachs - Singapore
- SMG Consultants - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Medco Energi Mining Internasional
- Coal and Oil Company - UAE
- Rashtriya Ispat Nigam Limited - India
- Riau Bara Harum - Indonesia
- Coalindo Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Indonesian Coal Mining Association
- Orica Australia Pty. Ltd.
- Bayan Resources Tbk. - Indonesia
- Star Paper Mills Limited - India
- Ministry of Finance - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining and Power Corporation, Philippines
- The Treasury - Australian Government
- Commonwealth Bank - Australia
- Barasentosa Lestari - Indonesia
- Central Electricity Authority - India
- Global Business Power Corporation, Philippines
- PTC India Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Eastern Energy - Thailand
- Energy Development Corp, Philippines
- Mercator Lines Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Deloitte Consulting - India
- Grasim Industreis Ltd - India
- Kumho Petrochemical, South Korea
- Indian Oil Corporation Limited
- Leighton Contractors Pty Ltd - Australia
- Planning Commission, India
- Merrill Lynch Commodities Europe
- McConnell Dowell - Australia
- Australian Commodity Traders Exchange
- Jaiprakash Power Ventures ltd
- Gujarat Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Port Waratah Coal Services - Australia
- ICICI Bank Limited - India
- Intertek Mineral Services - Indonesia
- Central Java Power - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Indo Tambangraya Megah - Indonesia
- Binh Thuan Hamico - Vietnam
- Kaltim Prima Coal - Indonesia
- Ministry of Transport, Egypt
- Holcim Trading Pte Ltd - Singapore
- Thiess Contractors Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kobexindo Tractors - Indoneisa
- GVK Power & Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Orica Mining Services - Indonesia
- Chettinad Cement Corporation Ltd - India
- Siam City Cement - Thailand
- Africa Commodities Group - South Africa
- Kapuas Tunggal Persada - Indonesia
- Bhoruka Overseas - Indonesia
- Baramulti Group, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Australian Coal Association
- Coastal Gujarat Power Limited - India
- New Zealand Coal & Carbon
- CIMB Investment Bank - Malaysia
- Attock Cement Pakistan Limited
- Bhatia International Limited - India
- Antam Resourcindo - Indonesia
- Xindia Steels Limited - India
- Wilmar Investment Holdings
- IHS Mccloskey Coal Group - USA
- The University of Queensland
- IEA Clean Coal Centre - UK
- Trasteel International SA, Italy
- Sarangani Energy Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Alfred C Toepfer International GmbH - Germany
- Indian Energy Exchange, India
- Interocean Group of Companies - India
- Essar Steel Hazira Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SN Aboitiz Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- OPG Power Generation Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Vedanta Resources Plc - India
- Maharashtra Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Anglo American - United Kingdom
- Romanian Commodities Exchange
- Agrawal Coal Company - India
- Larsen & Toubro Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Minerals Council of Australia
- Makarim & Taira - Indonesia
- Simpson Spence & Young - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Indika Energy - Indonesia
- Mintek Dendrill Indonesia
- Kepco SPC Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Directorate Of Revenue Intelligence - India
- Ind-Barath Power Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Bharathi Cement Corporation - India
- Globalindo Alam Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Petron Corporation, Philippines
- White Energy Company Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMC Global Power, Philippines
- TeaM Sual Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Ministry of Mines - Canada
- Ambuja Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Iligan Light & Power Inc, Philippines
- Indogreen Group - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Latin American Coal - Colombia
- Global Coal Blending Company Limited - Australia
- Therma Luzon, Inc, Philippines
- Dalmia Cement Bharat India
- Siam City Cement PLC, Thailand
- GAC Shipping (India) Pvt Ltd
- Metalloyd Limited - United Kingdom
- Wood Mackenzie - Singapore
- Economic Council, Georgia
- Uttam Galva Steels Limited - India
- Videocon Industries ltd - India
- Eastern Coal Council - USA
- Posco Energy - South Korea
- Lanco Infratech Ltd - India
- Kideco Jaya Agung - Indonesia
- India Bulls Power Limited - India
- Borneo Indobara - Indonesia
- Standard Chartered Bank - UAE
- Bhushan Steel Limited - India
- International Coal Ventures Pvt Ltd - India
- Rio Tinto Coal - Australia
- Manunggal Multi Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Parry Sugars Refinery, India
- Timah Investasi Mineral - Indoneisa
- Bukit Makmur.PT - Indonesia
- Parliament of New Zealand
- Marubeni Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Mjunction Services Limited - India
- Kartika Selabumi Mining - Indonesia
- Mercuria Energy - Indonesia
- Sakthi Sugars Limited - India
- Heidelberg Cement - Germany
- LBH Netherlands Bv - Netherlands
- Samtan Co., Ltd - South Korea
- VISA Power Limited - India
- Sojitz Corporation - Japan
- Kalimantan Lumbung Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Aditya Birla Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- ASAPP Information Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Oldendorff Carriers - Singapore
- Thai Mozambique Logistica
- Toyota Tsusho Corporation, Japan
- Singapore Mercantile Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Generating Authority of Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Authority, New Zealand
- Bangladesh Power Developement Board
- Salva Resources Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Jindal Steel & Power Ltd - India
- PowerSource Philippines DevCo
- Independent Power Producers Association of India
- GMR Energy Limited - India
- Banpu Public Company Limited - Thailand
- Cement Manufacturers Association - India
- Karaikal Port Pvt Ltd - India
- MS Steel International - UAE
- Sical Logistics Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Renaissance Capital - South Africa
- Maheswari Brothers Coal Limited - India
- Georgia Ports Authority, United States
- CNBM International Corporation - China
- Asmin Koalindo Tuhup - Indonesia
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