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Tuesday, 15 July 14
INDONESIA'S TOTAL COAL PRODUCTION REACHED ANOTHER HIGH DURING THE FIRST SIX MONTHS; GOVERNMENT EXPECTED TO RAISE ROYALTIES
 COALspot.com: Indonesia's total coal production reached 213 million tons during January through June, up by 7.6 percent y-o-y. Coal output in Indonesia, the world's one of the top thermal coal producers and leading exporter, reached 213 million tons during first half this year, up by 7.6 percent compared with 198 million tons over the same period last year, according to data from the Energy and Mineral Ministry, as reported by the Jakarta post last Saturday.
The figure represents more than half of the government's overall cap for coal production throughout this year at 421 million tons. However, director for coal at Energy and Mineral Ministry said he remained optimistic that the production would not be exceeded government's overall cap.
According to paper, as quoted by the director for coal at Energy and Mineral Ministry, around 75% of total coal produced during the first six months of this year, namely 158 million tons were sold overseas.
Indonesia's coal reserve stand at 31.96 billion tons, of which 8.9 billion are proven, according to figures from the ministry, the paper further said.
Indonesian government is also planning to increase the royalty for coal for IUP holders in near future if coal prices reached above US$ 80/mt. According to media reports, the government is planning to increase the royalty from 3% to 7% for calorific value of coal below 5100 kcal/kg coal, 5% to 9% for coal between 5100 - 6100 kcal/kg coal and 13.5% percent for coal above 6100 kcal/kg.
Indonesian coal miners association was agreeing to increase the royalty, but oppose to increasing the royalty at current situation. According to association coal miners are now struggling due to lower coal prices vs. higher production cost. According to miners, if government wanted to increase the royalty for coal, then it can introduce the revised royalty if the coal prices are higher than US$ 100 per mt and not above US$ 80 pmt.
It is seemed that, the government is considering the HBA as its bench mark price to decide whether the price of coal has reached US$ 80 or not.
Indonesian coal reference price (HBA) was set at US$ 72.45 per ton this July, which is 11.53 percent lower than the US$ 81.90 per ton set for January this year or 11.31% lower from the same period last year. In the meantime, this July HBA was 42.98% lower than the all time high HBA of US$ 127.05 per ton set for February 2011.
The association has also called on the government to act on illegal coal mining instead of capping production to control coal output from Indonesia. According to the Indonesian coal mining association, illegal mining of around 56 million tons coal of coal in 2012 and the following years contributed to a prolonged oversupply in the global market, which increased stockpiles and, in turn, led to a fall in prices.
Indonesian government is also to regulate the outflow of coal by controlling coal loading ports. Ministry of Energy and Mineral Resources (MEMR) has determined that, 14 ports will be approved as coal loading ports or as the gateway port of export coal soon. Indonesian Coal Mining Association (APBI-ICMA) also supporting government move on regulate coal loading ports as the association believes that, this move will eliminate or reduce illegal coal exports from countries.
In coming months, we can see number of new regulations and restrictions from Ministry of Energy and Mineral Resources to regulate coal production, transportation and export.
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Wednesday, 23 July 14
WEEKLY SHIPPING MARKET INSIGHT - INTERMODAL
In Australia, the world’s largest mining group, BHP Billiton, will beat the iron ore export target of more than 220 million tonnes for 2014. ...
Wednesday, 23 July 14
HARD COAL 2013: THE WORLD'S SECOND-MOST IMPORTANT ENERGY SOURCE AND GUARANTOR FOR THE SECURITY OF ENERGY SUPPLIES DURING TIMES OF CRISIS
Hard coal is again in 2013 the fastest-growing fossil primary energy source in the world. As shown in the BP Statistical Review 2014, it covered ab ...
Tuesday, 22 July 14
INDONESIAN ELECTION RESULT ENCOURAGING FOR FOREIGN INVESTMENT IN ENERGY AND MINING SECTORS - WOOD MACKENZIE
Joko Widodo-Jusuf Kalla has been announced as the official winner of Indonesia's presidential election. Joko Widodo, or Jokowi, is viewed as a ...
Tuesday, 22 July 14
THE CURRENT COAL PRICES ARE UNPROFITABLE FOR MINERS; COAL PRICES WILL GRADUALLY INCREASE - FITCH
COALspot.com: The Fitch Ratings expect the benchmark Newcastle coal prices (currently at about USD70/MT) to gradually increase.
Fitch's la ...
Tuesday, 22 July 14
SUB-BIT FOB INDONESIA COAL Q3' 14 DOWN 5.21%; Q4' 14 DOWN 3.56%; Q1' 15 DOWN 4.75% M-O-M
COALspot.com: Indonesian coal swaps for average Q3’ 2014 flat on day, weak week on week and on month according to AsiaClear OTC coal swap' ...
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- Coastal Gujarat Power Limited - India
- Thai Mozambique Logistica
- Vijayanagar Sugar Pvt Ltd - India
- ASAPP Information Group - India
- Banpu Public Company Limited - Thailand
- Semirara Mining and Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Samtan Co., Ltd - South Korea
- Sarangani Energy Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Link Ltd, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Independent Power Producers Association of India
- Leighton Contractors Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- PTC India Limited - India
- Xindia Steels Limited - India
- White Energy Company Limited
- GAC Shipping (India) Pvt Ltd
- VISA Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Salva Resources Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Singapore Mercantile Exchange
- Ministry of Transport, Egypt
- Africa Commodities Group - South Africa
- Economic Council, Georgia
- Holcim Trading Pte Ltd - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TeaM Sual Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Bukit Baiduri Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Wilmar Investment Holdings
- Tata Chemicals Ltd - India
- Uttam Galva Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Electricity Authority, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- SMC Global Power, Philippines
- Planning Commission, India
- Kepco SPC Power Corporation, Philippines
- Mercator Lines Limited - India
- Larsen & Toubro Limited - India
- Rio Tinto Coal - Australia
- International Coal Ventures Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Standard Chartered Bank - UAE
- Lanco Infratech Ltd - India
- Siam City Cement PLC, Thailand
- Altura Mining Limited, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Alfred C Toepfer International GmbH - Germany
- San Jose City I Power Corp, Philippines
- Cement Manufacturers Association - India
- Videocon Industries ltd - India
- Maheswari Brothers Coal Limited - India
- London Commodity Brokers - England
- Timah Investasi Mineral - Indoneisa
- Meralco Power Generation, Philippines
- Jindal Steel & Power Ltd - India
- IEA Clean Coal Centre - UK
- Jaiprakash Power Ventures ltd
- Karbindo Abesyapradhi - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sakthi Sugars Limited - India
- Goldman Sachs - Singapore
- Eastern Energy - Thailand
- Tamil Nadu electricity Board
- Coal and Oil Company - UAE
- LBH Netherlands Bv - Netherlands
- ICICI Bank Limited - India
- Kartika Selabumi Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Savvy Resources Ltd - HongKong
- Sical Logistics Limited - India
- Mintek Dendrill Indonesia
- Manunggal Multi Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Star Paper Mills Limited - India
- Ambuja Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Medco Energi Mining Internasional
- Krishnapatnam Port Company Ltd. - India
- Pendopo Energi Batubara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indonesian Coal Mining Association
- Chettinad Cement Corporation Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Grasim Industreis Ltd - India
- Meenaskhi Energy Private Limited - India
- Bangladesh Power Developement Board
- Essar Steel Hazira Ltd - India
- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
- Jorong Barutama Greston.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Georgia Ports Authority, United States
- New Zealand Coal & Carbon
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Energy Exchange, India
- Aboitiz Power Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Latin American Coal - Colombia
- Bhatia International Limited - India
- SMG Consultants - Indonesia
- Indika Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining Corp, Philippines
- Simpson Spence & Young - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- MS Steel International - UAE
- Wood Mackenzie - Singapore
- Sree Jayajothi Cements Limited - India
- CIMB Investment Bank - Malaysia
- Gujarat Sidhee Cement - India
- Cigading International Bulk Terminal - Indonesia
- Central Electricity Authority - India
- Baramulti Group, Indonesia
- Price Waterhouse Coopers - Russia
- Directorate Of Revenue Intelligence - India
- Iligan Light & Power Inc, Philippines
- McConnell Dowell - Australia
- Sinarmas Energy and Mining - Indonesia
- Trasteel International SA, Italy
- Formosa Plastics Group - Taiwan
- Bukit Makmur.PT - Indonesia
- Port Waratah Coal Services - Australia
- South Luzon Thermal Energy Corporation
- Minerals Council of Australia
- Vizag Seaport Private Limited - India
- European Bulk Services B.V. - Netherlands
- Gujarat Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Orica Mining Services - Indonesia
- Bhoruka Overseas - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Oldendorff Carriers - Singapore
- Dalmia Cement Bharat India
- Deloitte Consulting - India
- Posco Energy - South Korea
- Chamber of Mines of South Africa
- CNBM International Corporation - China
- GN Power Mariveles Coal Plant, Philippines
- Global Business Power Corporation, Philippines
- Mjunction Services Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- Makarim & Taira - Indonesia
- Australian Commodity Traders Exchange
- Sindya Power Generating Company Private Ltd
- Anglo American - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Heidelberg Cement - Germany
- Marubeni Corporation - India
- Globalindo Alam Lestari - Indonesia
- Orica Australia Pty. Ltd.
- Agrawal Coal Company - India
- Vedanta Resources Plc - India
- Siam City Cement - Thailand
- Renaissance Capital - South Africa
- Carbofer General Trading SA - India
- Australian Coal Association
- Bayan Resources Tbk. - Indonesia
- GMR Energy Limited - India
- Intertek Mineral Services - Indonesia
- GVK Power & Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Romanian Commodities Exchange
- Indian Oil Corporation Limited
- Malabar Cements Ltd - India
- Edison Trading Spa - Italy
- Borneo Indobara - Indonesia
- Kobexindo Tractors - Indoneisa
- Bhushan Steel Limited - India
- Kumho Petrochemical, South Korea
- PowerSource Philippines DevCo
- Petron Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Attock Cement Pakistan Limited
- Asmin Koalindo Tuhup - Indonesia
- Indogreen Group - Indonesia
- The State Trading Corporation of India Ltd
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- Metalloyd Limited - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The Treasury - Australian Government
- Mercuria Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Commonwealth Bank - Australia
- Parry Sugars Refinery, India
- Energy Development Corp, Philippines
- Merrill Lynch Commodities Europe
- IHS Mccloskey Coal Group - USA
- Bharathi Cement Corporation - India
- Electricity Generating Authority of Thailand
- Billiton Holdings Pty Ltd - Australia
- Parliament of New Zealand
- Eastern Coal Council - USA
- Sojitz Corporation - Japan
- Madhucon Powers Ltd - India
- Central Java Power - Indonesia
- Global Coal Blending Company Limited - Australia
- Ministry of Mines - Canada
- Barasentosa Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Interocean Group of Companies - India
- Aditya Birla Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Thiess Contractors Indonesia
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