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Tuesday, 15 March 11
COAL PRODUCTION FORECAST TO SURGE ON RISING PRICES - THE JAKARTA GLOBE
 The Jakarta Globe reported that, Indonesia’s coal production is forecast to increase by 20 percent this year as coal prices continue to rise, according to the Indonesian Coal Mining Association.
Supriatna Suhala, executive director of the association, also known as the APBI, said the country’s coal production may reach 360 million tons this year, 6 percent more than the association’s original target of 340 million tons.
The country’s coal miners produced 300 million tons of coal last year, less than their original target of 320 million tons.
Unseasonably heavy rains generated by the La Nina climate phenomeon were widely blamed for disrupting all areas of mining, including coal and tin, two of Indonesia’s top exports.
“Coal prices keep increasing. This triggers coal miners to boost their production,” Suhala said on Monday. The association’s coal production target differs from that of the government, which set projected coal production at 275 million tons.
As of Friday, coal prices stood at $129.6 per ton, up slightly from the previous week’s price of $129.48 per ton, according to the Australian Newcastle Thermal Coal Index, which serves as a benchmark for Asia.
Suhala said coal prices would remain steady above $120 per ton this year. “As long as the economic condition keeps getting better, coal prices will keep steady at those levels,” he said.
He also said he expected demand for exports to grow, with demand from India and China projected to increase 15 percent as their economies grow at an 8 percent clip.
In light of Japan’s devastating earthquake and tsunami on Friday and the subsequent power shortages, Suhala said coal exports to Japan would increase as five nuclear power plants have been shut down following the disaster. Indonesia exports 45 million tons of coal to Japan annually, making it the top destination for Indonesian coal.
As of the first quarter this year, Suhala said, Indonesian coal miners produced an anticipated 80 million tons of coal, or around 22 percent of the total target of 360 million tons this year.
La Nina is not expected to affect coal production targets this year, he continued. “Weather is no longer a problem this year,” Suhala said.
Berau Coal, one of the country’s biggest coal miners, said coal production in the first quarter should remain on target for 5 million tons, according to Singgih Widagdo, a spokesman for Berau Coal.
“We are expecting to produce 20 million tons for the whole year,” Singgih told reporters on Monday. The company’s production so far is 12.5 percent of last year’s 17.5 million tons, he said.
Indonesia is home to several coal miners, including Bumi Resources, the world leader in thermal coal exports.
Source: The Jakarta Globe (By:Ririn Radiawati Kusuma)
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Thursday, 24 February 11
SUPRAS ARE FIXED AT CLOSE TO 10K FOR TRIPS VIA INDONESIA TO INDIA WITH COAL - FEARNBULK
Handy
After a short lived surge in rates the Atlantic market has flattened out due to too many spot vessels. The USGulf has cooled down somewhat f ...
Wednesday, 23 February 11
LIMITED AVAILABILITY OF COAL COULD TRIP MEGA POWER PLANT - THE ECONOMIC TIMES
The Economic Times, an Indian leading news paper reported that, an acute shortage of domestic coal is threatening to destabilize new power generatio ...
Wednesday, 23 February 11
DRY BULK MARKET BACK ON RETREAT MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The two week rise of dry bulk freight rates seems to have come to a halt this week, with the industry’s benchmark, the Baltic Dry Index (BDI) lo ...
Wednesday, 23 February 11
INDONESIA NEEDS TO REVISE EXPORT BAN ON 5600 GAD COAL EXPORT - INDUSTRY
COALspot.com - The Indonesian government may be forced to revise its 2014 timeline for the proposed ban on all low quality coal exports, Patrick Han ...
Tuesday, 22 February 11
SUPRAMAX MARKET IS IMPROVING IN THE PACIFIC
BRS - A 10% rise in the BDI this week, mostly on the back of Panamax rates and improvements in the Supramax market in the Pacific. For the Capes, ra ...
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- Kumho Petrochemical, South Korea
- Barasentosa Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Sarangani Energy Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- IHS Mccloskey Coal Group - USA
- Aboitiz Power Corporation - Philippines
- Rio Tinto Coal - Australia
- Cigading International Bulk Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Global Business Power Corporation, Philippines
- Meralco Power Generation, Philippines
- PTC India Limited - India
- Cement Manufacturers Association - India
- Trasteel International SA, Italy
- Planning Commission, India
- Dalmia Cement Bharat India
- Star Paper Mills Limited - India
- MS Steel International - UAE
- Medco Energi Mining Internasional
- Simpson Spence & Young - Indonesia
- Ambuja Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Singapore Mercantile Exchange
- Kartika Selabumi Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Australian Commodity Traders Exchange
- Petron Corporation, Philippines
- Ministry of Transport, Egypt
- TNB Fuel Sdn Bhd - Malaysia
- Indogreen Group - Indonesia
- IEA Clean Coal Centre - UK
- Pipit Mutiara Jaya. PT, Indonesia
- Intertek Mineral Services - Indonesia
- Indian Oil Corporation Limited
- Coastal Gujarat Power Limited - India
- Independent Power Producers Association of India
- Mercuria Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Thiess Contractors Indonesia
- Iligan Light & Power Inc, Philippines
- Tamil Nadu electricity Board
- Edison Trading Spa - Italy
- Georgia Ports Authority, United States
- Oldendorff Carriers - Singapore
- Coal and Oil Company - UAE
- SMC Global Power, Philippines
- Tata Chemicals Ltd - India
- Wood Mackenzie - Singapore
- Sical Logistics Limited - India
- Sindya Power Generating Company Private Ltd
- Energy Link Ltd, New Zealand
- GMR Energy Limited - India
- Electricity Authority, New Zealand
- Aditya Birla Group - India
- Eastern Energy - Thailand
- Therma Luzon, Inc, Philippines
- Altura Mining Limited, Indonesia
- Leighton Contractors Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- White Energy Company Limited
- Krishnapatnam Port Company Ltd. - India
- GVK Power & Infra Limited - India
- Africa Commodities Group - South Africa
- Salva Resources Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Kideco Jaya Agung - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Makarim & Taira - Indonesia
- LBH Netherlands Bv - Netherlands
- Ind-Barath Power Infra Limited - India
- Ministry of Finance - Indonesia
- Carbofer General Trading SA - India
- Sojitz Corporation - Japan
- Bahari Cakrawala Sebuku - Indonesia
- Ceylon Electricity Board - Sri Lanka
- CIMB Investment Bank - Malaysia
- Lanco Infratech Ltd - India
- Kobexindo Tractors - Indoneisa
- Minerals Council of Australia
- London Commodity Brokers - England
- TeaM Sual Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Meenaskhi Energy Private Limited - India
- Banpu Public Company Limited - Thailand
- Riau Bara Harum - Indonesia
- Metalloyd Limited - United Kingdom
- Gujarat Sidhee Cement - India
- Bhoruka Overseas - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Coal Blending Company Limited - Australia
- Attock Cement Pakistan Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate General of MIneral and Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Energy Development Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Electricity Authority - India
- Straits Asia Resources Limited - Singapore
- GAC Shipping (India) Pvt Ltd
- The State Trading Corporation of India Ltd
- Neyveli Lignite Corporation Ltd, - India
- Manunggal Multi Energi - Indonesia
- Larsen & Toubro Limited - India
- McConnell Dowell - Australia
- San Jose City I Power Corp, Philippines
- Karaikal Port Pvt Ltd - India
- PowerSource Philippines DevCo
- Jaiprakash Power Ventures ltd
- Kohat Cement Company Ltd. - Pakistan
- Parliament of New Zealand
- Savvy Resources Ltd - HongKong
- Coalindo Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Madhucon Powers Ltd - India
- Timah Investasi Mineral - Indoneisa
- Sree Jayajothi Cements Limited - India
- Anglo American - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- Port Waratah Coal Services - Australia
- Electricity Generating Authority of Thailand
- Bhushan Steel Limited - India
- Uttam Galva Steels Limited - India
- Samtan Co., Ltd - South Korea
- Central Java Power - Indonesia
- European Bulk Services B.V. - Netherlands
- International Coal Ventures Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Orica Mining Services - Indonesia
- Chamber of Mines of South Africa
- Economic Council, Georgia
- Heidelberg Cement - Germany
- Parry Sugars Refinery, India
- Kapuas Tunggal Persada - Indonesia
- Kepco SPC Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Bulk Trading Sa - Switzerland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indonesian Coal Mining Association
- Bharathi Cement Corporation - India
- Marubeni Corporation - India
- Semirara Mining Corp, Philippines
- Goldman Sachs - Singapore
- Essar Steel Hazira Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Mercator Lines Limited - India
- CNBM International Corporation - China
- Renaissance Capital - South Africa
- Eastern Coal Council - USA
- SN Aboitiz Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement - Thailand
- Semirara Mining and Power Corporation, Philippines
- Commonwealth Bank - Australia
- SMG Consultants - Indonesia
- Toyota Tsusho Corporation, Japan
- Karbindo Abesyapradhi - Indoneisa
- Baramulti Group, Indonesia
- India Bulls Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Malabar Cements Ltd - India
- Antam Resourcindo - Indonesia
- Indian Energy Exchange, India
- Wilmar Investment Holdings
- Interocean Group of Companies - India
- Vizag Seaport Private Limited - India
- The Treasury - Australian Government
- Kalimantan Lumbung Energi - Indonesia
- The University of Queensland
- Bukit Asam (Persero) Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Orica Australia Pty. Ltd.
- Australian Coal Association
- Agrawal Coal Company - India
- Mjunction Services Limited - India
- ICICI Bank Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Latin American Coal - Colombia
- Bangladesh Power Developement Board
- New Zealand Coal & Carbon
- Rashtriya Ispat Nigam Limited - India
- Bhatia International Limited - India
- Formosa Plastics Group - Taiwan
- Grasim Industreis Ltd - India
- OPG Power Generation Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Merrill Lynch Commodities Europe
- Mintek Dendrill Indonesia
- Billiton Holdings Pty Ltd - Australia
- Deloitte Consulting - India
- Jindal Steel & Power Ltd - India
- VISA Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Vedanta Resources Plc - India
- Directorate Of Revenue Intelligence - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Mines - Canada
- Romanian Commodities Exchange
- ASAPP Information Group - India
- Videocon Industries ltd - India
- Thai Mozambique Logistica
- Borneo Indobara - Indonesia
- Xindia Steels Limited - India
- Price Waterhouse Coopers - Russia
- South Luzon Thermal Energy Corporation
- Sakthi Sugars Limited - India
- Pendopo Energi Batubara - Indonesia
- Indika Energy - Indonesia
- Posco Energy - South Korea
- Siam City Cement PLC, Thailand
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