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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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Wednesday, 13 October 21
MARKET INSIGHT - INTERMODAL
Following up on our insight on May 2021, where we discussed about the Capesize market outlook for the second half of the year, we are pleased to se ...
Wednesday, 13 October 21
FBX INDEX: THE IMPOSSIBILITY OF SHORT-TERM FORECASTING - LARS JENSEN
Will freight rates on Asia-Europe or the Transpacific reach 40.000 USD/FFE in the run-up prior to Chinese New Year 2022? Or will they start droppin ...
Wednesday, 13 October 21
CHINA FLOODS: COAL PRICE HITS FRESH HIGH AS MINES SHUT - BBC
The price of coal used in China’s power plants has surged to a new record high as another of the country’s key mining regions is hit by ...
Tuesday, 12 October 21
BUMA SIGNS CONDITIONAL AGREEMENT FOR AUSTRALIAN ASSET ACQUISITION
PT Tbk. announced that its subsidiary, PT Bukit Makmur Mandiri Utama, through its newly incorporated Australian subsidiary, BUMA International Pty ...
Tuesday, 12 October 21
INDONESIA'S COAL-BASED POWER PLANTS ARE SUBJECT TO CARBON TAX NEXT YEAR, ELECTRICITY COSTS COULD RISE! - CNBC
The Indonesian government is planning plans to implement a carbon tax of IDR 30 per kilogram (kg) of carbon dioxide equivalent (CO2e) or equivalent ...
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- Bangladesh Power Developement Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Mining Services - Indonesia
- Straits Asia Resources Limited - Singapore
- Semirara Mining and Power Corporation, Philippines
- Standard Chartered Bank - UAE
- TeaM Sual Corporation - Philippines
- GMR Energy Limited - India
- MS Steel International - UAE
- Bayan Resources Tbk. - Indonesia
- Economic Council, Georgia
- Bukit Makmur.PT - Indonesia
- ICICI Bank Limited - India
- Kobexindo Tractors - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- GVK Power & Infra Limited - India
- Rashtriya Ispat Nigam Limited - India
- LBH Netherlands Bv - Netherlands
- Electricity Authority, New Zealand
- Petron Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Makarim & Taira - Indonesia
- Chettinad Cement Corporation Ltd - India
- PTC India Limited - India
- Mjunction Services Limited - India
- Madhucon Powers Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Oldendorff Carriers - Singapore
- Ceylon Electricity Board - Sri Lanka
- Formosa Plastics Group - Taiwan
- Posco Energy - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- Eastern Energy - Thailand
- Kapuas Tunggal Persada - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Bhushan Steel Limited - India
- Kepco SPC Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Energy Development Corp, Philippines
- Tata Chemicals Ltd - India
- Agrawal Coal Company - India
- Sojitz Corporation - Japan
- Indogreen Group - Indonesia
- Sarangani Energy Corporation, Philippines
- Tamil Nadu electricity Board
- Singapore Mercantile Exchange
- International Coal Ventures Pvt Ltd - India
- Mercuria Energy - Indonesia
- Price Waterhouse Coopers - Russia
- ASAPP Information Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Therma Luzon, Inc, Philippines
- CNBM International Corporation - China
- Energy Link Ltd, New Zealand
- Malabar Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Ministry of Mines - Canada
- SMC Global Power, Philippines
- Rio Tinto Coal - Australia
- Krishnapatnam Port Company Ltd. - India
- Ministry of Transport, Egypt
- Petrochimia International Co. Ltd.- Taiwan
- CIMB Investment Bank - Malaysia
- Meralco Power Generation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Port Waratah Coal Services - Australia
- Central Java Power - Indonesia
- Aditya Birla Group - India
- Siam City Cement - Thailand
- Thai Mozambique Logistica
- Anglo American - United Kingdom
- Indian Energy Exchange, India
- Merrill Lynch Commodities Europe
- Binh Thuan Hamico - Vietnam
- South Luzon Thermal Energy Corporation
- Central Electricity Authority - India
- Renaissance Capital - South Africa
- Dalmia Cement Bharat India
- Interocean Group of Companies - India
- SN Aboitiz Power Inc, Philippines
- London Commodity Brokers - England
- Manunggal Multi Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Indonesian Coal Mining Association
- Directorate Of Revenue Intelligence - India
- Ambuja Cements Ltd - India
- Sakthi Sugars Limited - India
- Wood Mackenzie - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Finance - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kumho Petrochemical, South Korea
- Karbindo Abesyapradhi - Indoneisa
- Lanco Infratech Ltd - India
- Electricity Generating Authority of Thailand
- Intertek Mineral Services - Indonesia
- Trasteel International SA, Italy
- Bharathi Cement Corporation - India
- Gujarat Sidhee Cement - India
- Metalloyd Limited - United Kingdom
- Antam Resourcindo - Indonesia
- Banpu Public Company Limited - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Independent Power Producers Association of India
- Planning Commission, India
- Heidelberg Cement - Germany
- Gujarat Electricity Regulatory Commission - India
- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhoruka Overseas - Indonesia
- Essar Steel Hazira Ltd - India
- Medco Energi Mining Internasional
- Cigading International Bulk Terminal - Indonesia
- Goldman Sachs - Singapore
- PowerSource Philippines DevCo
- Mercator Lines Limited - India
- Global Green Power PLC Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Coalindo Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- San Jose City I Power Corp, Philippines
- Xindia Steels Limited - India
- Australian Commodity Traders Exchange
- Vizag Seaport Private Limited - India
- Mintek Dendrill Indonesia
- Marubeni Corporation - India
- Jindal Steel & Power Ltd - India
- White Energy Company Limited
- The State Trading Corporation of India Ltd
- The Treasury - Australian Government
- VISA Power Limited - India
- Salva Resources Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Globalindo Alam Lestari - Indonesia
- Latin American Coal - Colombia
- Kideco Jaya Agung - Indonesia
- Altura Mining Limited, Indonesia
- Star Paper Mills Limited - India
- Coal and Oil Company - UAE
- Sree Jayajothi Cements Limited - India
- Kaltim Prima Coal - Indonesia
- Carbofer General Trading SA - India
- Billiton Holdings Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Georgia Ports Authority, United States
- Sindya Power Generating Company Private Ltd
- Global Business Power Corporation, Philippines
- Parry Sugars Refinery, India
- Grasim Industreis Ltd - India
- Edison Trading Spa - Italy
- Kohat Cement Company Ltd. - Pakistan
- Aboitiz Power Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Minerals Council of Australia
- Global Coal Blending Company Limited - Australia
- Deloitte Consulting - India
- India Bulls Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Australian Coal Association
- Neyveli Lignite Corporation Ltd, - India
- IHS Mccloskey Coal Group - USA
- Jaiprakash Power Ventures ltd
- Leighton Contractors Pty Ltd - Australia
- Cement Manufacturers Association - India
- Iligan Light & Power Inc, Philippines
- Commonwealth Bank - Australia
- Uttam Galva Steels Limited - India
- Indika Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sical Logistics Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Chamber of Mines of South Africa
- Maheswari Brothers Coal Limited - India
- Indo Tambangraya Megah - Indonesia
- Karaikal Port Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Pendopo Energi Batubara - Indonesia
- Bhatia International Limited - India
- Semirara Mining Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Videocon Industries ltd - India
- Vedanta Resources Plc - India
- Africa Commodities Group - South Africa
- Coastal Gujarat Power Limited - India
- McConnell Dowell - Australia
- Simpson Spence & Young - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Wilmar Investment Holdings
- European Bulk Services B.V. - Netherlands
- New Zealand Coal & Carbon
- Thiess Contractors Indonesia
- Kartika Selabumi Mining - Indonesia
- Siam City Cement PLC, Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Larsen & Toubro Limited - India
- IEA Clean Coal Centre - UK
- Baramulti Group, Indonesia
- The University of Queensland
- Romanian Commodities Exchange
- Parliament of New Zealand
- Barasentosa Lestari - Indonesia
- Indian Oil Corporation Limited
- SMG Consultants - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Attock Cement Pakistan Limited
- Eastern Coal Council - USA
- Bukit Baiduri Energy - Indonesia
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