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Wednesday, 20 July 22
INDONESIA’S COAL EXPORTS TO THE EU INCREASED SIGNIFICANTLY RECENTLY
European countries have increased coal imports from Indonesia due to the energy crisis that hit the region after Russia cuts gas exports to Europe. Indonesia has exported more than doubled volumes of coal to EU countries recently.
 
According to the Central Statistics Agency (BPS) of Indonesia, US$ 191.2 million worth of coal exported to the EU in the second quarter of this year, a 143.72 percent up from US$ 78.4 million in the previous quarter. The European Union (EU) is an economic and political union of 27 countries. Out of 27 countries, around four countries have imported more coal from Indonesia. US$ 111.7 million worth of coal has been imported from Italy. The Netherlands imports have reached US$ 79.2 million worth of coal followed by Poland, which has imported US$ 43.2 million worth coals. The Switzerland has imported US$ 15.5 million worth of coal.
 
The total value of coal exports from Indonesia for first 6 months has reached US$ 4.56 billion, up136. 63% compared to the same period in 2021.


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Recent News

Thursday, 17 December 20
BUMA SIGNED US$1.0 BILLION WORTH OF EXTENSION CONTRACT WITH BERAU COAL
PT Bukit Makmur Mandiri Utama, subsidiary of PT Delta Dunia Makmur Tbk., has extended its mining services contracts with PT Berau Coal, in relation ...


Wednesday, 16 December 20
INDONESIA 2020 COAL CONSUMPTION ESTIMATED AT 140-145 MLN TONNES - OFFICIAL, REUTERS REPORTED
Indonesia’s domestic coal consumption is estimated at 140-145 million tonnes this year, Dodik Ariyanto, an official at the energy ministry, t ...


Wednesday, 16 December 20
RUSSIA REVISES DOWN EXPORT EXPECTATION - FITCH
The  Ministry  of  Economy of Russia, the world’s third largest thermal coal exporting country, released its annual forecasts ...


Wednesday, 16 December 20
INDIAN COAL IMPORTS TO REMAIN SUBDUED - FITCH RATINGS
Fitch Rating commented on Indian Coal Imports, Fitch said, coal imports by Indian utilities fell by about 24% yoy to 44 million tonnes  (mt) i ...


Wednesday, 16 December 20
CHINA TO BOOST DOMESTIC SUPPLY - FITCH
China’s benchmark Qinhuangdao 5,500kcal/kg coal price rose above the government’s upper yellow interval of CNY600/tonne in early Octobe ...


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