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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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Thursday, 10 July 14
SGX EXPANDS ACROSS THE BULKS WITH NEW COAL PRODUCTS
COALspot.com: Singapore Exchange (SGX) is expanding its bulk commodity derivatives offering by launching new coking and thermal coal products on 4 ...
Thursday, 10 July 14
HANDY: SMALL INCREASE; PANAMAX: POSITIVE TONE; CAPESIZE: PAPER VALUES REMAIN WEEK
Handy
It is a general increase in activity in both hemispheres whereas rates have just experienced a small increase. In the Feast we see stable a ...
Wednesday, 09 July 14
SHIP INVESTMENTS ARE TRENDING LOWER
Most ship owners are deeming current ship prices on the high side, refraining from making serious commitments in new acquisitions or newbuilding or ...
Wednesday, 09 July 14
INDIAN GOVERNMENT ADVISED POWER UTILITIES TO INCREASE COAL IMPORTS
COALspot.com: The government of India has advised power utilities to increase coal imports to meet fuel shortages and those that have fuel supply p ...
Wednesday, 09 July 14
PANAMAX MARKET FINALLY CORRECTING UPWARDS; AVERAGE TC MORE THAN DOUBLING WEEK ON WEEK - INTERMODAL
The Dry Bulk market has closed off on Friday on a more positive note, with most segments noting weekly gains and the Panamax market finally correct ...
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Showing 3611 to 3615 news of total 6871 |
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- Wood Mackenzie - Singapore
- Kapuas Tunggal Persada - Indonesia
- Indonesian Coal Mining Association
- Holcim Trading Pte Ltd - Singapore
- Orica Australia Pty. Ltd.
- Bhoruka Overseas - Indonesia
- Central Electricity Authority - India
- Samtan Co., Ltd - South Korea
- Tata Chemicals Ltd - India
- Indo Tambangraya Megah - Indonesia
- Ambuja Cements Ltd - India
- Thai Mozambique Logistica
- Antam Resourcindo - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Jindal Steel & Power Ltd - India
- Bhatia International Limited - India
- PTC India Limited - India
- The State Trading Corporation of India Ltd
- Timah Investasi Mineral - Indoneisa
- VISA Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Australian Coal Association
- Bukit Asam (Persero) Tbk - Indonesia
- Parry Sugars Refinery, India
- ASAPP Information Group - India
- Ministry of Mines - Canada
- Bharathi Cement Corporation - India
- Globalindo Alam Lestari - Indonesia
- MS Steel International - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Xindia Steels Limited - India
- Standard Chartered Bank - UAE
- Eastern Energy - Thailand
- Savvy Resources Ltd - HongKong
- Orica Mining Services - Indonesia
- Uttam Galva Steels Limited - India
- Electricity Authority, New Zealand
- Karaikal Port Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Singapore Mercantile Exchange
- Minerals Council of Australia
- Manunggal Multi Energi - Indonesia
- Commonwealth Bank - Australia
- Mercator Lines Limited - India
- Indika Energy - Indonesia
- Central Java Power - Indonesia
- Carbofer General Trading SA - India
- PowerSource Philippines DevCo
- Ministry of Finance - Indonesia
- Grasim Industreis Ltd - India
- Bukit Baiduri Energy - Indonesia
- Electricity Generating Authority of Thailand
- Alfred C Toepfer International GmbH - Germany
- Medco Energi Mining Internasional
- Planning Commission, India
- Kalimantan Lumbung Energi - Indonesia
- SMG Consultants - Indonesia
- Mercuria Energy - Indonesia
- New Zealand Coal & Carbon
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rio Tinto Coal - Australia
- Maheswari Brothers Coal Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vizag Seaport Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Intertek Mineral Services - Indonesia
- GMR Energy Limited - India
- Iligan Light & Power Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Altura Mining Limited, Indonesia
- San Jose City I Power Corp, Philippines
- TeaM Sual Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Malabar Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Directorate Of Revenue Intelligence - India
- Sree Jayajothi Cements Limited - India
- McConnell Dowell - Australia
- Siam City Cement - Thailand
- GAC Shipping (India) Pvt Ltd
- Leighton Contractors Pty Ltd - Australia
- Edison Trading Spa - Italy
- Kohat Cement Company Ltd. - Pakistan
- Economic Council, Georgia
- Australian Commodity Traders Exchange
- The University of Queensland
- Gujarat Sidhee Cement - India
- Coal and Oil Company - UAE
- CNBM International Corporation - China
- Meenaskhi Energy Private Limited - India
- Global Coal Blending Company Limited - Australia
- Binh Thuan Hamico - Vietnam
- Videocon Industries ltd - India
- Aboitiz Power Corporation - Philippines
- Larsen & Toubro Limited - India
- Banpu Public Company Limited - Thailand
- Kepco SPC Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Cigading International Bulk Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Africa Commodities Group - South Africa
- Petron Corporation, Philippines
- Lanco Infratech Ltd - India
- Pendopo Energi Batubara - Indonesia
- Star Paper Mills Limited - India
- Salva Resources Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Eastern Coal Council - USA
- Renaissance Capital - South Africa
- GVK Power & Infra Limited - India
- Thiess Contractors Indonesia
- India Bulls Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mjunction Services Limited - India
- Goldman Sachs - Singapore
- White Energy Company Limited
- Therma Luzon, Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Chamber of Mines of South Africa
- Billiton Holdings Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Chettinad Cement Corporation Ltd - India
- Miang Besar Coal Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Cement Manufacturers Association - India
- Semirara Mining Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Parliament of New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Georgia Ports Authority, United States
- Jaiprakash Power Ventures ltd
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement PLC, Thailand
- Energy Link Ltd, New Zealand
- Global Business Power Corporation, Philippines
- Baramulti Group, Indonesia
- Anglo American - United Kingdom
- Makarim & Taira - Indonesia
- Sinarmas Energy and Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Merrill Lynch Commodities Europe
- London Commodity Brokers - England
- Energy Development Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Krishnapatnam Port Company Ltd. - India
- Indogreen Group - Indonesia
- ICICI Bank Limited - India
- Power Finance Corporation Ltd., India
- Semirara Mining and Power Corporation, Philippines
- Independent Power Producers Association of India
- Bukit Makmur.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sical Logistics Limited - India
- Oldendorff Carriers - Singapore
- Borneo Indobara - Indonesia
- LBH Netherlands Bv - Netherlands
- Indian Oil Corporation Limited
- Riau Bara Harum - Indonesia
- Deloitte Consulting - India
- Bangladesh Power Developement Board
- Dalmia Cement Bharat India
- Coastal Gujarat Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Sarangani Energy Corporation, Philippines
- Kumho Petrochemical, South Korea
- Sojitz Corporation - Japan
- Bulk Trading Sa - Switzerland
- Marubeni Corporation - India
- Heidelberg Cement - Germany
- Essar Steel Hazira Ltd - India
- Coalindo Energy - Indonesia
- Aditya Birla Group - India
- International Coal Ventures Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Romanian Commodities Exchange
- PetroVietnam Power Coal Import and Supply Company
- Ind-Barath Power Infra Limited - India
- Ministry of Transport, Egypt
- Kartika Selabumi Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- The Treasury - Australian Government
- Gujarat Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Meralco Power Generation, Philippines
- European Bulk Services B.V. - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Toyota Tsusho Corporation, Japan
- Interocean Group of Companies - India
- Rashtriya Ispat Nigam Limited - India
- Latin American Coal - Colombia
- IEA Clean Coal Centre - UK
- Straits Asia Resources Limited - Singapore
- Agrawal Coal Company - India
- PNOC Exploration Corporation - Philippines
- Tamil Nadu electricity Board
- Pipit Mutiara Jaya. PT, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMC Global Power, Philippines
- Indian Energy Exchange, India
- Port Waratah Coal Services - Australia
- Sindya Power Generating Company Private Ltd
- Attock Cement Pakistan Limited
- Sakthi Sugars Limited - India
- Kaltim Prima Coal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Formosa Plastics Group - Taiwan
- Global Green Power PLC Corporation, Philippines
- Posco Energy - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhushan Steel Limited - India
- Price Waterhouse Coopers - Russia
- Vedanta Resources Plc - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Trasteel International SA, Italy
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