Coal Prices Down Up 24.5% in 2015, Driven by the Chinese Imports Decreased : http://www.apbi-icma.org/harga-batubara-turun-hingga-245-pada-2015-didorong-oleh-menurunnya-impor-tiongkok/28 December 2015
Reported that the world economy is slowing propelled decline in world commodity prices. Coal prices have dropped by 24.5% in 2015, driven by a decline in Chinese imports in line with the policy of the Chinese government to protect domestic industries and policies for reducing carbon emissions in power plants.
World economic growth is slowing, declining commodity prices and financial markets are still volatile into the challenges facing the Indonesian economy during 2015. These conditions are influenced by the recovery in advanced economies is not yet solid and economic growth in developing countries is likely to decline. In the future, according to Bank Indonesia in the middle of the global economic recovery prospects are improving, a number of external risks still need to watch, especially the Chinese economic slowdown and global financial market conditions after the increase in the Fed Funds Rate (FFR).
Coal Production Target 2021 Not Achieved: https://ekonomi.bisnis.com/read/20211221/44/1480073/target-produksi-batu-bara-2021-tak-tercapai-ini-penyebabnya/21 December 2021
The Ministry of Energy and Mineral Resources (ESDM) revealed that weather factors in the mining area are still an obstacle in achieving the coal production target in 2021 which is set at 625 million tons. Director of Mineral and Coal Program Development at the Directorate General of Mineral and Coal at the Ministry of Energy and Mineral Resources Sunindyo Suryo Herdadi said that weather problems had been experienced in a number of mining areas from mid-2021 to the end of this year. This condition is said to affect the realization of coal commodity production. The La Nina phenomenon is also accused of causing high-intensity rain, thus disrupting operations in the mining area.
The Ministry of Energy and Mineral Resources noted that domestic coal production has only reached 560 million tons until December 10, 2021. This amount is around 89.6 percent of the target of 625 million tons. Then, the realization of domestic coal demand has reached 121.3 million tons, or 88.2 percent of the target of 137.5 million tons. Even so, this figure is expected to continue to increase by the end of the year.
Coal Mining in Indonesia
Indonesia Industry Report and Market Research
February 14, 2024
Industry Code : B2110
Forecast to : 2028
Definition
Coal Mining in Indonesia The mining and quarrying of coal ore extract, and the breaking up, washing, and sifting of coal. It includes also the transformation of coal from lignite to become briquettes or other substances, which cannot be separated administratively from mining.
Activities
The primary activities of firms in this industry are:
The Coal Mining industry in Indonesia research report contain trend analysis, statistics, market size information, industry growth rates as well as major competitors.
Major market segments are identified and also those forces affecting demand and supply within this industry. Performance analysis includes emerging industry trends as well as recent results and performance of each key company. Drawing on the depth of information DIS also provides 5 year forecasts for this industry.
The comprehensive study also examines details such as the barriers to entry, operating cost structure, technology & systems and domestic & international markets. Tables and statistics include: Industry revenue, exports, imports, wages and number of companies in the industry, Industry growth and geographic regional data.
