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Wednesday, 05 June 13
DON'T AVOID PAYING COAL ROYALTY TO THE GOVERNMENT - INDONESIAN ENERGY MINISTER
 COALspot.com – “Every country has the right to make policies to protect their national interests”, Energy and Mineral Resources Minister of Indonesia Jero Wacik replied to a question related to China’s proposed import ban on low calorific value coal on the sidelines of the 19th CoalTrans Asia conference at the Bali International Convention Center in Nusa Dua, Bali. The minister further said, the government would increase coal exports to other countries, including India, look to new markets and encourage domestic consumption, if China imposes the ban on lower grader coal.
According to minister demand for coal is still high, and it will continue to be increases. The current low prices are just for temporary period, and the coal prices will increase again soon once world economy returns to its normal condition.
“Don’t avoid paying coal royalty to the government”, he requests coal producers to pay the royalty on time as per the government regulation.
China is reportedly considering to ban imports of lower calorific value coal because these types of coal create high pollution. China’s decision, if implemented, would hurt Indonesia’s low calorific value coal producers. In the meantime, it will be benefited for high calorific value producers. The Chinese coal buyers as well as Indonesian coal suppliers were saying, during 19th CoalTrans Asia conference, China is considering banning coal with calorific value below 3700 on NAR basis instead of previously 4540 NAR coal. However, some of the participants of coal conference are in an opinion that, the ban will not be implemented immediately.
In the meantime, the demand for 3800 GAR to 4200 GAR coal is still high and Indian buyers are looking for similar coal for Indian market.
“The demand is there, but the asking prices for 3800 GAR coal are very low”, said a coal producer. According to the producer, who is producing coal from central Kalimantan, the bids are around US$ 35 per MT fob vessel, which is far below than current offer prices.
In the meantime, a south Sumatra coal producer said, the price differences between their offers are bids that they are receiving is very narrow. “ The difference between our offer and bids are around US$ 0.50 to US$ 1 per ton” said the same producer who is producing around 100,000 tons of coal every month.
The immediate future of coal market direction is unpredictable at this moment. No stakeholder of coal industry is able to give a firm forecast neither on direction of coal market nor price.
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Wednesday, 12 June 24
CHINA ACCOUNTS FOR 16.3% OF AUSTRALIA'S COAL EXPORTS, FOLLOWED BY INDIA 14.4% - BANCHERO COSTA
Global coal trade has really picked up pace in recent months, and is now fully back to pre-Covid levels says Banchero Costa in its latest report.
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Wednesday, 12 June 24
LNG NEWBUILDING VALUES AT RECORD HIGH: 78 NEWBUILD ORDERS PLACED IN 2024, DOUBLING 2023 - VESON NAUTICAL
The number of LNG newbuilding orders have more than doubled from the same period last year where 34 orders were placed, compared to 78 in the first ...
Monday, 10 June 24
CHINA'S MAY COAL IMPORTS RISE 11% ON LOWER DOMESTIC OUTPUT - REUTERS
China’s imports of coal rose 11% in May from a year earlier, customs data and Reuters records showed on Friday, as lower domestic output this ...
Tuesday, 04 June 24
HOW DO WESTERN SANCTIONS ON RUSSIA IMPACT THE GLOBAL METALS, MINING AND COAL MARKETS - WOOD MACKENZIE
The geopolitical landscape for Russia, as a major supplier of various commodities, has undergone a dramatic transformation since the invasion of Uk ...
Friday, 22 March 24
CASE STUDY: DANGERS OF COAL CARGO - SKULD
Recently, a bulk cargo vessel carrying coal from South Africa to Singapore suffered a fatal accident, resulting in the deaths of three crew members ...
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Showing 21 to 25 news of total 6871 |
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- McConnell Dowell - Australia
- San Jose City I Power Corp, Philippines
- Bhushan Steel Limited - India
- Georgia Ports Authority, United States
- Singapore Mercantile Exchange
- Trasteel International SA, Italy
- Thiess Contractors Indonesia
- Petron Corporation, Philippines
- Xindia Steels Limited - India
- VISA Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Indo Tambangraya Megah - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sarangani Energy Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Gujarat Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Essar Steel Hazira Ltd - India
- Gujarat Sidhee Cement - India
- The State Trading Corporation of India Ltd
- Siam City Cement - Thailand
- Manunggal Multi Energi - Indonesia
- Sakthi Sugars Limited - India
- Ministry of Transport, Egypt
- Bayan Resources Tbk. - Indonesia
- Kepco SPC Power Corporation, Philippines
- Indian Oil Corporation Limited
- Jorong Barutama Greston.PT - Indonesia
- Marubeni Corporation - India
- Parliament of New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Malabar Cements Ltd - India
- Ministry of Mines - Canada
- Straits Asia Resources Limited - Singapore
- Heidelberg Cement - Germany
- Sojitz Corporation - Japan
- Merrill Lynch Commodities Europe
- Bhoruka Overseas - Indonesia
- GAC Shipping (India) Pvt Ltd
- Ceylon Electricity Board - Sri Lanka
- Global Green Power PLC Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- Bangladesh Power Developement Board
- Binh Thuan Hamico - Vietnam
- Bharathi Cement Corporation - India
- Power Finance Corporation Ltd., India
- Tamil Nadu electricity Board
- Minerals Council of Australia
- PTC India Limited - India
- Salva Resources Pvt Ltd - India
- Planning Commission, India
- Oldendorff Carriers - Singapore
- Anglo American - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mintek Dendrill Indonesia
- Carbofer General Trading SA - India
- GVK Power & Infra Limited - India
- Formosa Plastics Group - Taiwan
- Rio Tinto Coal - Australia
- Price Waterhouse Coopers - Russia
- Alfred C Toepfer International GmbH - Germany
- Videocon Industries ltd - India
- Barasentosa Lestari - Indonesia
- India Bulls Power Limited - India
- Savvy Resources Ltd - HongKong
- Coalindo Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Borneo Indobara - Indonesia
- Vizag Seaport Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Indogreen Group - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Antam Resourcindo - Indonesia
- Indian Energy Exchange, India
- London Commodity Brokers - England
- Global Coal Blending Company Limited - Australia
- Coastal Gujarat Power Limited - India
- Mercator Lines Limited - India
- Semirara Mining and Power Corporation, Philippines
- Agrawal Coal Company - India
- TNB Fuel Sdn Bhd - Malaysia
- Port Waratah Coal Services - Australia
- Altura Mining Limited, Indonesia
- South Luzon Thermal Energy Corporation
- Indika Energy - Indonesia
- Edison Trading Spa - Italy
- Miang Besar Coal Terminal - Indonesia
- Ambuja Cements Ltd - India
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- New Zealand Coal & Carbon
- Banpu Public Company Limited - Thailand
- Mercuria Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- TeaM Sual Corporation - Philippines
- Dalmia Cement Bharat India
- Sindya Power Generating Company Private Ltd
- Karbindo Abesyapradhi - Indoneisa
- Global Business Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Economic Council, Georgia
- Lanco Infratech Ltd - India
- White Energy Company Limited
- Mjunction Services Limited - India
- Electricity Authority, New Zealand
- OPG Power Generation Pvt Ltd - India
- Siam City Cement PLC, Thailand
- International Coal Ventures Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Metalloyd Limited - United Kingdom
- Energy Development Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Posco Energy - South Korea
- SMC Global Power, Philippines
- Simpson Spence & Young - Indonesia
- Kaltim Prima Coal - Indonesia
- Cement Manufacturers Association - India
- SN Aboitiz Power Inc, Philippines
- Orica Mining Services - Indonesia
- Meralco Power Generation, Philippines
- Wilmar Investment Holdings
- Neyveli Lignite Corporation Ltd, - India
- Bukit Baiduri Energy - Indonesia
- Eastern Coal Council - USA
- Latin American Coal - Colombia
- Independent Power Producers Association of India
- Grasim Industreis Ltd - India
- Karaikal Port Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Indonesian Coal Mining Association
- LBH Netherlands Bv - Netherlands
- Kartika Selabumi Mining - Indonesia
- Eastern Energy - Thailand
- Aboitiz Power Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Aditya Birla Group - India
- Rashtriya Ispat Nigam Limited - India
- ASAPP Information Group - India
- Bukit Makmur.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Thai Mozambique Logistica
- Kideco Jaya Agung - Indonesia
- Therma Luzon, Inc, Philippines
- Australian Coal Association
- Jindal Steel & Power Ltd - India
- Kobexindo Tractors - Indoneisa
- Romanian Commodities Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Commonwealth Bank - Australia
- The University of Queensland
- Sree Jayajothi Cements Limited - India
- The Treasury - Australian Government
- Madhucon Powers Ltd - India
- Chamber of Mines of South Africa
- Semirara Mining Corp, Philippines
- Electricity Generating Authority of Thailand
- Australian Commodity Traders Exchange
- Deloitte Consulting - India
- IHS Mccloskey Coal Group - USA
- Sinarmas Energy and Mining - Indonesia
- MS Steel International - UAE
- Tata Chemicals Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Bulk Trading Sa - Switzerland
- PowerSource Philippines DevCo
- Makarim & Taira - Indonesia
- Orica Australia Pty. Ltd.
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vedanta Resources Plc - India
- Larsen & Toubro Limited - India
- Riau Bara Harum - Indonesia
- Medco Energi Mining Internasional
- Directorate Of Revenue Intelligence - India
- Kapuas Tunggal Persada - Indonesia
- Central Electricity Authority - India
- Parry Sugars Refinery, India
- Wood Mackenzie - Singapore
- ICICI Bank Limited - India
- Africa Commodities Group - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- CNBM International Corporation - China
- Coal and Oil Company - UAE
- Goldman Sachs - Singapore
- Billiton Holdings Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Energy Link Ltd, New Zealand
- Interocean Group of Companies - India
- CIMB Investment Bank - Malaysia
- Ministry of Finance - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Asmin Koalindo Tuhup - Indonesia
- Kumho Petrochemical, South Korea
- PNOC Exploration Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Standard Chartered Bank - UAE
- Ind-Barath Power Infra Limited - India
- Central Java Power - Indonesia
- Baramulti Group, Indonesia
- Uttam Galva Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chettinad Cement Corporation Ltd - India
- Bhatia International Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sical Logistics Limited - India
- Renaissance Capital - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- GMR Energy Limited - India
- SMG Consultants - Indonesia
- Maheswari Brothers Coal Limited - India
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