Below is a list with tagged columns and company profiles.

Today's Headlines Coal

  • Not Enough Coal Reserves to Supply Indonesia's 35,000 MW Power Program?

    Not Enough Coal Reserves to Supply Indonesia's 35,000 MW Power Program?

    The Indonesian Coal Mining Association (APBI) advises the central government to recalculate the amount of coal required for Indonesia's 35,000 MW power plant program. According to APBI, Indonesia does not have enough coal reserves to serve as power source for this ambitious program. The program, launched by President Joko Widodo in 2015, aims to add a total of 35,000 MW to the nation's power capacity by 2019 (about 20,000 MW being coal-fired plants). PriceWaterhouseCoopers states that Indonesia may have depleted its coal reserves by the year 2033.

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  • Indonesia Consumes more Coal due to Power Plant Development

    Indonesia Consumes more Coal due to Power Plant Development

    While global coal prices continue to slide, there emerged some support as Indonesia is estimated to consume more coal in 2016 in its coal-fired power plants. According to Indonesia's Ministry of Energy and Mineral Resources, domestic consumption of coal will rise 7.7 percent year-on-year (y/y) to 86 million tons in 2016 from 79.8 million tons in 2015. The ministry set the domestic market obligation (DMO), the minimum amount of coal that Indonesia's coal producers need to supply to the local market, at 86 million tons. The DMO is set to ensure sufficient power generation in Southeast Asia's largest economy.

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  • Trade Indonesia: Exports Resource-Rich East Kalimantan Plunge

    Trade Indonesia: Exports Resource-Rich East Kalimantan Plunge

    Indonesia's commodity-rich East Kalimantan is one of the worst affected Indonesian provinces in terms of global trade and weak commodity prices. East Kalimantan's export performance is heavily dependent on prices of oil, natural gas and coal. In 2015 the total value of East Kalimantan's exports plunged 30.4 percent year-on-year (y/y) to USD $18.3 billion from USD $26.35 billion in the preceding year. Since 2011 the province's exports have posted a consecutive annual decline in line with the declining trend of commodity prices.

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  • Indonesia Investments' Newsletter of 21 February 2016 Released

    Indonesia Investments' Newsletter of 21 February 2016 Released

    On 21 February 2016, Indonesia Investments released the latest edition of its newsletter. This free newsletter, which is sent to our subscribers once per week, contains the most important news stories from Indonesia that have been reported on our website over the last seven days. Most of the topics involve economic matters such as new rules regarding banks' net interest margin, an update on Indonesia's trade balance, interest rates, the 2016 State Budget, the coal industry, the cement industry, and more.

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  • India Boosts Domestic Coal Production: Pressure on Coal Prices

    India Boosts Domestic Coal Production: Pressure on Coal Prices

    Trouble for Indonesian coal miners will not end soon as India - one of the world's leading coal consumers - is eager to boost domestic production of coal thus reducing the need for coal imports. This has given additional downward pressure on global coal prices. Over the past 11 months Indonesia's benchmark thermal coal price (Harga Batubara Acuan, or HBA), a monthly reference price set by the Ministry of Energy and Mineral Resources, has been on a streak of continuously falling prices. The February 2016 rate was set at USD $50.92 per ton, a far cry from USD $111.58 per ton in February 2012.

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  • Coal Industry Indonesia Update: No End to Slumping Coal Prices

    Coal Industry Indonesia Update: No End to Slumping Coal Prices

    There remains little hope to see rebounding coal prices soon. Indonesia's benchmark thermal coal price (Harga Batubara Acuan, or HBA), a monthly price set by the Ministry of Energy and Mineral Resources, fell another 4.29 percent month-to-month (m/m) to a new record low of USD $50.92 per metric ton (FOB) in February 2016 from USD $53.20 in the preceding month. Coal prices have difficulty to rise amid low crude oil and gas prices, while renewable energy sources are gaining popularity. Meanwhile, demand from China and India for Indonesian coal is falling.

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  • Coal Mining Indonesia: Adaro Energy's Need to Transform

    Coal Mining Indonesia: Adaro Energy's Need to Transform

    As the coal mining industry will not rebound anytime soon, Adaro Energy, the second-largest producer of thermal coal in Indonesia, has to find another strategy to make a profitable business. Income coal sales has weakened but the company's mining services and logistics segments have been growing. Meanwhile, the company has been expanding to the downstream power generation industry. Not coal, but power generation may be the center of a new super-cycle in Indonesia as the government aims to see the construction of 35,000 megawatts (MW) of power plants in the next five years.

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  • Indonesia Investments' Newsletter of 24 January 2016 Released

    Indonesia Investments' Newsletter of 24 January 2016 Released

    On 24 January 2016, Indonesia Investments released the latest edition of its newsletter. This free newsletter, which is sent to our subscribers once per week, contains the most important news stories from Indonesia that have been reported on our website over the last seven days. Most of the topics involve economic matters such as foreign direct investment as well as updates on various industries such as coal mining, palm oil, geothermal power, oil & gas, cement, ceramics, 4G technology, and more.

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  • Low Global Oil Prices: Positive or Negative for Indonesia?

    Low Global Oil Prices: Positive or Negative for Indonesia?

    Indonesia turned into a net oil importer in 2004 as domestic oil output declined sharply while domestic fuel consumption surged amid the growing economy (hence becoming more and more dependent on oil imports). Prior to 2016, the Indonesian government provided generous energy subsidies (for fuel and electricity), resulting in a deteriorating budget deficit, trade deficit, current account deficit, and pressure on the rupiah. Moreover, government spending on energy consumption limited room for government spending on productive sectors such as infrastructure and social development.

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  • Production & Export Down, Coal Consumption in Indonesia Up

    Production & Export Down, Coal Consumption in Indonesia Up

    Domestic consumption of coal in Indonesia rose 14.8 percent (y/y) to 87.43 million tons in 2015 according to the Ministry of Energy and Mineral Resources. This figure is considerably higher than the government's target of 70 million tons. Adhi Wibowo, Director for Coal at the Energy Ministry, said this increase is caused by higher electricity demand in domestic industries in the second half of 2015. Meanwhile, Indonesia's coal production reached 392 million tons in full-year 2015, below the government target at 425 million tons.

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Latest Columns Coal

  • Indonesia's Trade Balance Reports Another Trade Deficit in April

    Indonesia's trade balance recorded another deficit in April 2013 as imports (USD $16.31 billion) exceeded exports (USD $14.70 billion). April's trade deficit, amounting to USD $1.62 billion, was mainly due to continued weak commodity exports in combination with strong oil, basic machinery and utensils imports. After five consecutive months of deficits up to February, Indonesia’s trade account reported a surplus of USD $330 million in March, but fell back into deficit in April. From January to April, Indonesia's trade deficit stands at USD $1.85 billion.

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  • Forecasts for Indonesia's Coal Output and Export are Revised up for 2013

    The chairman of the Indonesia Coal Mining Association said that Indonesia's coal exports are expected to increase from 310 million tons in 2012 to 330 million tons in 2013, a 6.5 percent increase. Coal producers have been facing a tough period since July 2008 when global coal demand weakened and triggered volatile - but mostly declining - coal prices ever since. Coal demand from China and India, however, is expected to increase this year.

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