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Wednesday, 11 November 09
INDONESIA ASKS DOMESTIC COAL FIRMS TO SET ASIDE 30PCT OF OUTPUT
Indonesian government said that it had asked domestic coal producers to set aside 30% of their output next year to meet demand from new coal fired power plants.
Mr Darwin Saleh energy minister of Indonesia told members of the House of Representatives Commission VII said that "The government needs a guaranteed coal supply to support the 10,000 MW fast track program. Therefore, all coal producers should allocate 30% of their production to the domestic market."
Mr Darwin said that domestic demand for coal in 2010 had been estimated at 65 million tonnes, of which 85% would be needed for power plants. He said the quota for domestic producers would be updated every year.
Mr Bambang Setiawan director general of coal, minerals and geothermal energy at the ministry said that the government would limit coal exports to 150 million tonnes next year.
Mr Bob Kamandanu chairman of Indonesian Coal Producers Association said that "I'm confused why the government wants a 30% quota for domestic supply next year because I don't think the domestic market could absorb that much. The association has calculated that we could produce around 270 million tonnes next year. That means 81 million tonnes would be for domestic use while demand would only be at 60 to 70 millions."
The energy ministry has forecasts that the country would produce about 230 million tonnes of coal this year. Output totaled 172 million tonnes as of the end of August 2009. About 20% or 34.7 million tonnes had gone to the domestic market.
Source: Steel Guru
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Monday, 16 September 13
WHAT RECOVERY MEANS FOR THE CAPESIZE MARKET - COMMODORE RESEARCH
COALspot.com: The simple fact that capesize rates have been able to increase above the $9,000/mark and become much more responsive to changes in car ...
Monday, 16 September 13
CFR SOUTH CHINA COAL SWAP: STABLE TO STEADY
COALspot.com : SGX has launched API 8 CFR South China Coal Swap on 29 April 2013 and SGX replaced the previous swap.
API 8 CFR South China Coal s ...
Monday, 16 September 13
INDONESIAN SUB-BIT COAL SWAP STRUGGLING TO FINDS THE RIGHT PATH
COALspot.com – Sub-Bit Indonesia coal swap (FOB ) for average Q4 2013 delivery down 0.75 percept month on month on Friday 13 Septe ...
Sunday, 15 September 13
CAPE FREIGHT RATES RISE ON HIGH DEMAND AND TIGHT AVAILABILITY - CAPT. REDDY
COALspot.com : The BDI, Cape and Panamax indices are continued to rise and saw a steep surge with average index in these segments up around 25 pct w ...
Friday, 13 September 13
US COAL OUTPUT SLIPS 3.34% ON-WEEK
COALspot.com – United states the world’s second largest coal producer produced totaled approximately 20.20 million short tons (mmst) of ...
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- Bulk Trading Sa - Switzerland
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- Timah Investasi Mineral - Indoneisa
- SN Aboitiz Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Mercator Lines Limited - India
- Sical Logistics Limited - India
- Cement Manufacturers Association - India
- Karbindo Abesyapradhi - Indoneisa
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- Parliament of New Zealand
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- White Energy Company Limited
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- Samtan Co., Ltd - South Korea
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- Merrill Lynch Commodities Europe
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- Chamber of Mines of South Africa
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- Maheswari Brothers Coal Limited - India
- Standard Chartered Bank - UAE
- Coalindo Energy - Indonesia
- Economic Council, Georgia
- GMR Energy Limited - India
- Agrawal Coal Company - India
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- Karaikal Port Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
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- Coal and Oil Company - UAE
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement PLC, Thailand
- SMG Consultants - Indonesia
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- The Treasury - Australian Government
- Straits Asia Resources Limited - Singapore
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- Kumho Petrochemical, South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Interocean Group of Companies - India
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- Global Green Power PLC Corporation, Philippines
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- Wilmar Investment Holdings
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- Alfred C Toepfer International GmbH - Germany
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- Billiton Holdings Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Sindya Power Generating Company Private Ltd
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- Bhoruka Overseas - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Mines - Canada
- Rashtriya Ispat Nigam Limited - India
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- Eastern Coal Council - USA
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Commonwealth Bank - Australia
- Minerals Council of Australia
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- Formosa Plastics Group - Taiwan
- CNBM International Corporation - China
- Holcim Trading Pte Ltd - Singapore
- Larsen & Toubro Limited - India
- Sree Jayajothi Cements Limited - India
- Leighton Contractors Pty Ltd - Australia
- Vedanta Resources Plc - India
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- Wood Mackenzie - Singapore
- Xindia Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Metalloyd Limited - United Kingdom
- Thiess Contractors Indonesia
- Toyota Tsusho Corporation, Japan
- Salva Resources Pvt Ltd - India
- Tamil Nadu electricity Board
- Edison Trading Spa - Italy
- Sarangani Energy Corporation, Philippines
- Lanco Infratech Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Deloitte Consulting - India
- Heidelberg Cement - Germany
- Kideco Jaya Agung - Indonesia
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Transport, Egypt
- Mintek Dendrill Indonesia
- San Jose City I Power Corp, Philippines
- Indogreen Group - Indonesia
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- ASAPP Information Group - India
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- Dalmia Cement Bharat India
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- International Coal Ventures Pvt Ltd - India
- Riau Bara Harum - Indonesia
- The University of Queensland
- Savvy Resources Ltd - HongKong
- Manunggal Multi Energi - Indonesia
- Sojitz Corporation - Japan
- Independent Power Producers Association of India
- Planning Commission, India
- Energy Development Corp, Philippines
- Indonesian Coal Mining Association
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- Africa Commodities Group - South Africa
- Cigading International Bulk Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- India Bulls Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Marubeni Corporation - India
- Power Finance Corporation Ltd., India
- London Commodity Brokers - England
- Bank of Tokyo Mitsubishi UFJ Ltd
- New Zealand Coal & Carbon
- Altura Mining Limited, Indonesia
- McConnell Dowell - Australia
- Kohat Cement Company Ltd. - Pakistan
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- Indian Energy Exchange, India
- Chettinad Cement Corporation Ltd - India
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- Siam City Cement - Thailand
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