Despite efforts by the government to limit production this year, the countryâ€™s coal output in the first half of this year increased by 7.6 percent to 213 million tons from 198 million tons
The government announced its coal reference price (HBA) for July 2014 at US$72.45 per ton FOB vessel, lower compared to $73.64 per ton in June 2014.
Negative sentiment over large Chinese coal producer Shenhuas decision to cut its domestic coal prices mid-week permeated the Indonesian thermal coal market Friday leaving a wide bid-offer price gap
JAKARTA, June 18 (Reuters) - Plunging thermal coal prices will force some small and low-margin producers in Indonesia out of business before year-end, an industry group said, cutting output capacity
Uncertainty over the scale of widely-expected price cuts by Chinese coal producers for July domestic cargoes has cast a cloud over the South China market for imported thermal coal.
The government announced its coal reference price (HBA) for June 2014 at US$73.64 per ton FOB vessel, higher compared to $73.60 per ton in May 2014.
The country’s coal production in the first four months of this year increased by 5 percent to 147 million tons compared to the same period of last year, further increasing supply in a global market
The government announced its coal reference price (HBA) for May 2014 at US$73.60per ton FOB vessel, lower compared to $74.81 per ton in April 2014.
The Ministry of Energy and Mineral Resources (MEMR) has issued Regulation No 10/2014 on the mechanism for the supply and determination of price of coal for mine-mouth power plants.
Indonesia’s coal production by volume in the first quarter remained little changed from the same period last year despite the decline in the coal price, according to the Energy and Mineral Resources