16 January 2022 (closed)
Jakarta Composite Index (6,693.40) +35.04 +0.53%
USD/IDR (14,146) -6.00 -0.04%
EUR/IDR (17,335) +57.05 +0.33%
Indonesia's Ministry of Energy and Mineral Resources stated that domestic production of coal in Southeast Asia's largest economy reached 421 million tons in 2013. This implies a 7.6 percent growth in production from the previous year (391 million tons). R. Sukhyar, General Director of Mineral and Coal within the Ministry said that Indonesia's production of coal in 2014 is likely to exceed 400 million tons again as global demand for this fossil fuel remains strong. Indonesia is one of the world's largest producers and exporters of coal.
The benchmark coal price in January 2014 was USD $81.90 per ton, thus showing a slightly rising trend since October 2013 (USD $76.61 per ton). This trend is expected to continue up to midway this year.
Click here to read a detailed account on coal in Indonesia. This analysis discusses the country's production, export and domestic consumption of coal as well as future prospects of coal mining in Indonesia.
Indonesia's Coal Statistics:
in million tons
Source: Ministry of Energy and Mineral Resources