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Thursday, 11 June 20
JAN-MAY, INDONESIA SHIPPED 175.15 MILLION TONS OF COAL TO ITS OVERSEAS BUYERS
 Indonesia's coal production for the first 5 months of this year have reached 228 million tons. January – May 2020, Indonesia shipped US$ 7.77 billion worth of 175.15 million tons of coal to its overseas buyers. While the coal miners, have supplied 53.55 million tons of coal to domestic end-users under the Domestic Market Obligation (DMO) requirement, CNBC Indonesia reported.
According to CNBC reports, Agung Pribadi, the Head of Communication and Public Information and Cooperation Agency (KLIK) of the Ministry of Energy and Mineral Resources, said that “the realization of coal production as of 31 May 2020 was still in line with the target of ministry. The country has already mined 228 million tons of coal by May 2020 which is 42% of targeted volume for 2020.
The country is also targeting to export around 435 million tons of coal in 2020.
CNBC further reported, according to him, coal demand and trade in the international market in 2020 is expected to decrease due to the Covid-19 pandemic. To address the low demand from its traditional buyers, Indonesia is also exploring to export to several other developing countries, "such as Vietnam, Bangladesh, and Pakistan. In addition, it will increase the efficiency of the coal supply chain of coal importing countries and conducts direct contracts or direct shipping to importing countries," he said,
CNBC further noted that, Even though production is in line with the target, it does not mean that Covid-19 has no impact on the coal industry. The Ministry of Energy and Mineral Resources previously projected the price of Indonesian coal at the end of 2020 to be in the range of US$ 59-61 per ton.
According to the Ministry of Energy and Mineral Resources, the price of Indonesian coal at the end of 2020 is estimated to be around US$ 59-61 per ton. By the end of 2021 it will reach US$ 66 per ton, and at the end of 2022 it will be at around US$ 69 per ton.
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Thursday, 11 June 20
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - XINHUA
China’s benchmark power coal price rose slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
Wednesday, 10 June 20
OPEC+ CUTS EXTENSION TO ACCELERATE MARKET REBALANCING - FITCH RATINGS
Fitch Ratings-London-08 June 2020: The OPEC+ agreement to extend by one month record oil production cuts should accelerate market rebalancing, Fitc ...
Wednesday, 10 June 20
MARKET INSIGHT - INTERMODAL
In contrast to the economic projections of the past two years for the first half of 2020, the oil & gas industry and those involved in it faced ...
Wednesday, 10 June 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.19 PCT - XINHUA
China Taiyuan coal transaction price index stood at 123.71 points Monday, down 0.19 percent week on week.
The index, released by Chi ...
Tuesday, 09 June 20
BUNKER SUPPLY CONTRACTS - KEY CONSIDERATIONS FOR THE BUYER - GARD
KNOWLEDGE TO ELEVATE
Regardless of whether a buyer purchases fuel directly from physical suppliers or via brokers or traders and whether sale ...
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- Rashtriya Ispat Nigam Limited - India
- Global Coal Blending Company Limited - Australia
- Mercuria Energy - Indonesia
- The University of Queensland
- Xindia Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Transport, Egypt
- Meralco Power Generation, Philippines
- Timah Investasi Mineral - Indoneisa
- Singapore Mercantile Exchange
- Salva Resources Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Metalloyd Limited - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Pendopo Energi Batubara - Indonesia
- Sindya Power Generating Company Private Ltd
- Marubeni Corporation - India
- Australian Commodity Traders Exchange
- Romanian Commodities Exchange
- Parry Sugars Refinery, India
- MS Steel International - UAE
- Aditya Birla Group - India
- Kapuas Tunggal Persada - Indonesia
- Oldendorff Carriers - Singapore
- McConnell Dowell - Australia
- Cigading International Bulk Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Price Waterhouse Coopers - Russia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Straits Asia Resources Limited - Singapore
- Australian Coal Association
- Banpu Public Company Limited - Thailand
- Kideco Jaya Agung - Indonesia
- Tamil Nadu electricity Board
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement - Thailand
- Coastal Gujarat Power Limited - India
- Medco Energi Mining Internasional
- Minerals Council of Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kohat Cement Company Ltd. - Pakistan
- GAC Shipping (India) Pvt Ltd
- San Jose City I Power Corp, Philippines
- Bhushan Steel Limited - India
- Attock Cement Pakistan Limited
- Samtan Co., Ltd - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- CNBM International Corporation - China
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Link Ltd, New Zealand
- European Bulk Services B.V. - Netherlands
- Sojitz Corporation - Japan
- South Luzon Thermal Energy Corporation
- Essar Steel Hazira Ltd - India
- Star Paper Mills Limited - India
- Wilmar Investment Holdings
- Riau Bara Harum - Indonesia
- Indian Energy Exchange, India
- Tata Chemicals Ltd - India
- Commonwealth Bank - Australia
- IEA Clean Coal Centre - UK
- Madhucon Powers Ltd - India
- International Coal Ventures Pvt Ltd - India
- Indian Oil Corporation Limited
- Baramulti Group, Indonesia
- Mercator Lines Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Ceylon Electricity Board - Sri Lanka
- Bukit Baiduri Energy - Indonesia
- Parliament of New Zealand
- Directorate Of Revenue Intelligence - India
- Chettinad Cement Corporation Ltd - India
- Kobexindo Tractors - Indoneisa
- Goldman Sachs - Singapore
- Bhoruka Overseas - Indonesia
- Petron Corporation, Philippines
- GVK Power & Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- New Zealand Coal & Carbon
- Coalindo Energy - Indonesia
- Indonesian Coal Mining Association
- Borneo Indobara - Indonesia
- Standard Chartered Bank - UAE
- Kumho Petrochemical, South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Uttam Galva Steels Limited - India
- Orica Australia Pty. Ltd.
- Aboitiz Power Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Interocean Group of Companies - India
- India Bulls Power Limited - India
- Energy Development Corp, Philippines
- Georgia Ports Authority, United States
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Deloitte Consulting - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Antam Resourcindo - Indonesia
- Posco Energy - South Korea
- Meenaskhi Energy Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sree Jayajothi Cements Limited - India
- CIMB Investment Bank - Malaysia
- Power Finance Corporation Ltd., India
- AsiaOL BioFuels Corp., Philippines
- Thiess Contractors Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Videocon Industries ltd - India
- Electricity Authority, New Zealand
- Bangladesh Power Developement Board
- Globalindo Alam Lestari - Indonesia
- Vizag Seaport Private Limited - India
- Sarangani Energy Corporation, Philippines
- Grasim Industreis Ltd - India
- Kartika Selabumi Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Port Waratah Coal Services - Australia
- White Energy Company Limited
- Economic Council, Georgia
- Eastern Coal Council - USA
- TeaM Sual Corporation - Philippines
- Lanco Infratech Ltd - India
- Thai Mozambique Logistica
- Central Java Power - Indonesia
- Maheswari Brothers Coal Limited - India
- Gujarat Sidhee Cement - India
- Global Business Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Heidelberg Cement - Germany
- GMR Energy Limited - India
- SMG Consultants - Indonesia
- Simpson Spence & Young - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- The Treasury - Australian Government
- Chamber of Mines of South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Rio Tinto Coal - Australia
- Africa Commodities Group - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Carbofer General Trading SA - India
- Indogreen Group - Indonesia
- Iligan Light & Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Mintek Dendrill Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- ASAPP Information Group - India
- GN Power Mariveles Coal Plant, Philippines
- Bharathi Cement Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Makarim & Taira - Indonesia
- Mjunction Services Limited - India
- Global Green Power PLC Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Intertek Mineral Services - Indonesia
- Malabar Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Sakthi Sugars Limited - India
- Planning Commission, India
- Ind-Barath Power Infra Limited - India
- SMC Global Power, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Altura Mining Limited, Indonesia
- IHS Mccloskey Coal Group - USA
- Ambuja Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Coal and Oil Company - UAE
- Orica Mining Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- VISA Power Limited - India
- Wood Mackenzie - Singapore
- Sical Logistics Limited - India
- Savvy Resources Ltd - HongKong
- Latin American Coal - Colombia
- London Commodity Brokers - England
- Semirara Mining and Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Barasentosa Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Trasteel International SA, Italy
- Jaiprakash Power Ventures ltd
- Independent Power Producers Association of India
- Binh Thuan Hamico - Vietnam
- Anglo American - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Bhatia International Limited - India
- Ministry of Finance - Indonesia
- PTC India Limited - India
- ICICI Bank Limited - India
- Dalmia Cement Bharat India
- Toyota Tsusho Corporation, Japan
- Cement Manufacturers Association - India
- Kaltim Prima Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Renaissance Capital - South Africa
- Therma Luzon, Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Eastern Energy - Thailand
- Larsen & Toubro Limited - India
- Indika Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- Agrawal Coal Company - India
- Vedanta Resources Plc - India
- Semirara Mining Corp, Philippines
- Central Electricity Authority - India
- Edison Trading Spa - Italy
- Ministry of Mines - Canada
- PowerSource Philippines DevCo
- SN Aboitiz Power Inc, Philippines
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