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Wednesday, 10 June 15
WORLD COAL MARKET HEADING TO NEW EQUILIBRIUM: MINISTER - JAKARTA POST
 Energy and Mineral Resources Minister Sudirman Said has said the world’s coal market is heading towards a new balance, which will make Indonesia’s national coal industry more efficient.
"Declines in coal prices during the last several years have pushed markets to normalization because what previously occurred were abnormal profits,” he said as quoted by Antara news agency during the 21st Coaltrans Asia conference in Nusa Dua, Bali, on Monday.
Sudirman said coal prices, which had skyrocketed to above US$100 per ton, had led many industrial players to get large profits. However, the large profits they obtained in a short time had led to bad behavior from coal businesspeople or government officials.
“It has been proven that this condition has led to environmental destruction and corrupt practices in many regions across the country,” said the minister.
He said the current low coal price, around $64 per ton, would force coal producers to carry out internal consolidation.
“This will be a good situation to ‘educate’ companies to be more efficient, adhere to the law and be more committed to carrying out everything with scientific approaches,” said Sudirman.
He said it was proven that with the consolidation, national coal producers could survive. Even if the coal price was low, national coal production continued to increase.
“This shows that a low price does not affect the selling of coal,” he said.
In 2014, the realized non-tax revenues (PNBP) from coal accounted for 81 percent of total realized PNBP from the coal and mineral resources sub-sector, which reached Rp 32.3 trillion ($2.4 billion).
Sudirman said he was optimistic that consolidation efforts would push the development of the domestic coal market, which was in line with the government’s policy of adding power plants with a capacity of 35,000 megawatts.
“Around 60 percent of the additional electricity capacity will be supplied by coal-powered plants,” he said.
The minister said it was hoped that the policy would increase the domestic coal market from between 80-90 million tons to 250 million tons in 2019. (ebf)
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Tuesday, 23 June 15
Q3 FOB INDONESIA COAL SWAP FALL $1.12 IN ONE MONTH
COALspot.com: Indonesian coal swap for delivery Q3 2015 declined month on month and week over week, this past week.
The Q3 swap was declined $ ...
Tuesday, 23 June 15
FOB RICHARDS BAY COAL SWAP HAS REMAINED STEADY OVER THE PAST WEEK
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q3' 2015 rose month over month and week over week.
The Q3 swap was up US$ 2.32 ...
Monday, 22 June 15
BORYEONG POWER PLANT TO IMPORT 140K MT OF LCV COAL FOR AUGUST - SEPTEMBER 2015
COALspot.com: South Korean state-owned utility Korea Midland Power (KOMIPO) issued an new tender to purchase 140K Metric Tons (MT) of LCV coal for ...
Monday, 22 June 15
CFR SOUTH CHINA COAL SWAP: UP MONTH OVER MONTH; DOWN WEEK OVER WEEK
COALspot.com: API 8 CFR South China Coal swap for Q3’ 2015 delivery rose US$ 0.30 (0.58%) per MT month over month.
A commodity swap is a ...
Monday, 22 June 15
FOB NEWCASTLE COAL SWAP: UP WEEK OVER WEEK AND MONTH OVER MONTH
COALspot.com: API 5 FOB Newcastle Coal swap for Q3’ 2015 delivery up $ 0.54 per MT (1.19%) month over month to US$ 45.87 per mt. The swap was ...
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- Meralco Power Generation, Philippines
- Independent Power Producers Association of India
- Borneo Indobara - Indonesia
- Electricity Authority, New Zealand
- Deloitte Consulting - India
- Altura Mining Limited, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- AsiaOL BioFuels Corp., Philippines
- Timah Investasi Mineral - Indoneisa
- New Zealand Coal & Carbon
- Thiess Contractors Indonesia
- Australian Commodity Traders Exchange
- Toyota Tsusho Corporation, Japan
- Bangladesh Power Developement Board
- Manunggal Multi Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- Intertek Mineral Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Latin American Coal - Colombia
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Oil Corporation Limited
- Coalindo Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Madhucon Powers Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Attock Cement Pakistan Limited
- Agrawal Coal Company - India
- Petron Corporation, Philippines
- Orica Australia Pty. Ltd.
- ICICI Bank Limited - India
- Savvy Resources Ltd - HongKong
- Singapore Mercantile Exchange
- Sical Logistics Limited - India
- GMR Energy Limited - India
- Energy Development Corp, Philippines
- Central Electricity Authority - India
- Gujarat Mineral Development Corp Ltd - India
- Vedanta Resources Plc - India
- Semirara Mining Corp, Philippines
- London Commodity Brokers - England
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Planning Commission, India
- Straits Asia Resources Limited - Singapore
- Holcim Trading Pte Ltd - Singapore
- ASAPP Information Group - India
- Asmin Koalindo Tuhup - Indonesia
- Oldendorff Carriers - Singapore
- Kobexindo Tractors - Indoneisa
- Iligan Light & Power Inc, Philippines
- Riau Bara Harum - Indonesia
- CNBM International Corporation - China
- Binh Thuan Hamico - Vietnam
- SMC Global Power, Philippines
- European Bulk Services B.V. - Netherlands
- Cement Manufacturers Association - India
- Pendopo Energi Batubara - Indonesia
- Sree Jayajothi Cements Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Medco Energi Mining Internasional
- Ambuja Cements Ltd - India
- Tamil Nadu electricity Board
- Uttam Galva Steels Limited - India
- Wood Mackenzie - Singapore
- Sojitz Corporation - Japan
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- Krishnapatnam Port Company Ltd. - India
- Barasentosa Lestari - Indonesia
- Energy Link Ltd, New Zealand
- Anglo American - United Kingdom
- Standard Chartered Bank - UAE
- Eastern Energy - Thailand
- PTC India Limited - India
- Sakthi Sugars Limited - India
- Port Waratah Coal Services - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coastal Gujarat Power Limited - India
- Vizag Seaport Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Maheswari Brothers Coal Limited - India
- Eastern Coal Council - USA
- Essar Steel Hazira Ltd - India
- Global Green Power PLC Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Sinarmas Energy and Mining - Indonesia
- Renaissance Capital - South Africa
- Formosa Plastics Group - Taiwan
- Karaikal Port Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Siam City Cement - Thailand
- Larsen & Toubro Limited - India
- Billiton Holdings Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- LBH Netherlands Bv - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Makarim & Taira - Indonesia
- PNOC Exploration Corporation - Philippines
- VISA Power Limited - India
- Global Coal Blending Company Limited - Australia
- Trasteel International SA, Italy
- Chettinad Cement Corporation Ltd - India
- Kideco Jaya Agung - Indonesia
- Price Waterhouse Coopers - Russia
- Kartika Selabumi Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement PLC, Thailand
- Merrill Lynch Commodities Europe
- Tata Chemicals Ltd - India
- Jindal Steel & Power Ltd - India
- Orica Mining Services - Indonesia
- Bhoruka Overseas - Indonesia
- Edison Trading Spa - Italy
- GVK Power & Infra Limited - India
- Indonesian Coal Mining Association
- Ceylon Electricity Board - Sri Lanka
- Thai Mozambique Logistica
- Parliament of New Zealand
- TeaM Sual Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Heidelberg Cement - Germany
- Baramulti Group, Indonesia
- White Energy Company Limited
- Wilmar Investment Holdings
- Kumho Petrochemical, South Korea
- Indogreen Group - Indonesia
- Marubeni Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Indo Tambangraya Megah - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- The Treasury - Australian Government
- Romanian Commodities Exchange
- Aditya Birla Group - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Parry Sugars Refinery, India
- Interocean Group of Companies - India
- Therma Luzon, Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Electricity Generating Authority of Thailand
- The University of Queensland
- Bhushan Steel Limited - India
- Georgia Ports Authority, United States
- Ministry of Transport, Egypt
- Minerals Council of Australia
- Power Finance Corporation Ltd., India
- McConnell Dowell - Australia
- Kepco SPC Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- India Bulls Power Limited - India
- SMG Consultants - Indonesia
- Sindya Power Generating Company Private Ltd
- Central Java Power - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indika Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- The State Trading Corporation of India Ltd
- San Jose City I Power Corp, Philippines
- Posco Energy - South Korea
- Coal and Oil Company - UAE
- OPG Power Generation Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Finance - Indonesia
- MS Steel International - UAE
- Samtan Co., Ltd - South Korea
- Ministry of Mines - Canada
- Dalmia Cement Bharat India
- Bharathi Cement Corporation - India
- Africa Commodities Group - South Africa
- Sarangani Energy Corporation, Philippines
- Mercator Lines Limited - India
- CIMB Investment Bank - Malaysia
- Antam Resourcindo - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Australian Coal Association
- Directorate Of Revenue Intelligence - India
- GAC Shipping (India) Pvt Ltd
- IEA Clean Coal Centre - UK
- Star Paper Mills Limited - India
- Jaiprakash Power Ventures ltd
- Bukit Makmur.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Sidhee Cement - India
- GN Power Mariveles Coal Plant, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Directorate General of MIneral and Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Rio Tinto Coal - Australia
- Leighton Contractors Pty Ltd - Australia
- PowerSource Philippines DevCo
- Chamber of Mines of South Africa
- Lanco Infratech Ltd - India
- Global Business Power Corporation, Philippines
- Xindia Steels Limited - India
- Goldman Sachs - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Economic Council, Georgia
- Mjunction Services Limited - India
- Meenaskhi Energy Private Limited - India
- Carbofer General Trading SA - India
- Mintek Dendrill Indonesia
- Globalindo Alam Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bhatia International Limited - India
- Grasim Industreis Ltd - India
- Bulk Trading Sa - Switzerland
- International Coal Ventures Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Videocon Industries ltd - India
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