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 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 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
The government has finally decided to cancel the planned increase in coal royalty tariff of coal miners holding the IUP mining license amid the current weak price of the commodity,
The Ministry of Energy and Mineral Resources (MEMR) has issued Minister Regulation No 7/2014, detailing the requirements and guideline for coal and mineral miners to prepare reclamation
The government will imposed a higher coal royalty of 13.5 percent for coal miners holding the so-called IUP mining license starting next month as the revision of Government Regulation No 9/2012
COALspot.com: Indonesia, the world 4th largest coal producer and the Global largest multi grade coal exporter shipped around $1.8* billion worth of coal in January 2014.