Lupa Kata Sandi? Klik di Sini

atau Masuk melalui

Belum Memiliki Akun Daftar di Sini


atau Daftar melalui

Sudah Memiliki Akun Masuk di Sini

Konfirmasi Email

Kami telah mengirimkan link aktivasi melalui email ke rudihamdani@gmail.com.

Klik link aktivasi dan dapatkan akses membaca 2 artikel gratis non Laput di koran dan Majalah Tempo

Jika Anda tidak menerima email,
Kirimkan Lagi Sekarang

Chinese Coal Price Drops as Supplies Pile Up

15 July 2014 14:08 WIB

Harga Batu Bara Anjlok

TEMPO.CO, Jakarta - The base price of thermal coal in China has dropped to its lowest level since the last seven years. One of the factors that caused the decrease was the abundance of coal supply in the middle of the slowing Chinese economic growth.

The price of coal with an energy value of 5,500 kilocalorie per kilogram in Qinhuangdao harbor drops to 500 Yuan, or equivalent to US$ 80.60 per metric ton. “Based on the data from Chinese Coal Transport and Distribution (CCDA) in Beijing, that is the lowest price point since December 2007,” Bloomberg reported.

The drop in prices is mainly caused by the slowing economic growth of China, which leads to a reduced thermal coal consumption in the country. China is the biggest coal user in the world for their power plants and harbors. Currently, the supply of coal in Qinhuangdao harbor increased to 7.34 million tons from last week’s supply of 230,000 tons. Bloomberg reported that the price of coal will not recover until September 2014.

Despite being at a record-low, coal price in China is actually still considerably higher compared to Indonesia. Based on the data by the Directorate General of Mineral and Coal at the Ministry of Energy and Natural Resources (ESDM), the base price of coal as of May 2014 is recorded at US$ 73.6 per ton.

RAYMUNDUS RIKANG R.W.



Adaro Obtains US$380 Million Loan Facility

19 Oktober 2018

Adaro Obtains US$380 Million Loan Facility

PT Adaro Indonesia has obtained a loan of US$380 million, which will be used for

refinancing purposes


BUMI Regrets Thiess' Decision to Stop Mining Operations  

19 Oktober 2018

BUMI Regrets Thiess' Decision to Stop Mining Operations  

Bumi Resources' Director comments on Thiess Contractors Indonesia's decision to
stop its activities at two mines owned by Bumi's subsidiary.


India Leads Asia's Dash for Coal  

6 Oktober 2015

India Leads Asia's Dash for Coal  

India is opening a mine a month as it races to double coal output by 2020,
putting the country as the world's third-largest polluter.


Coal Market Currently Moving to New Equilibrium: Minister

9 Juni 2015

Coal Market Currently Moving to New Equilibrium: Minister

The global coal market is now moving to a new equilibrium,
which will make the national coal industry more efficient, a
minister stated.


Govt to Increase Coal Mining Royalty

8 Juni 2015

Govt to Increase Coal Mining Royalty

The coal mining royalty would be actually imposed on miners
under mining permits (IUPs) following an amendment of the law
on tariff and non-tax state revenue


Berau Mine May Cease Production

3 Juni 2015

Berau Mine May Cease Production

Battle control over ARMS between co-founder Rothschild and
energy firm ACE could lead to production halt in Berau.


Coal Prices Drop, Companies Sack Employees

15 Mei 2015

Coal Prices Drop, Companies Sack Employees

Hundreds of employees were laid off because companies claimed
to have suffered financial losses.


Bumi Gets 6 Months Debt Settlement Extension

26 November 2014

Bumi Gets 6 Months Debt Settlement Extension

Bakrie Group's coal mining unit says a Singapore Court has given

a six-month extension of debt payments for three of its

subsidiaries.


Trading Suspension Revoked; BUMI Plummets

8 Oktober 2014

Trading Suspension Revoked; BUMI Plummets

BUMI hits its lowest price in the last 11 years while noting a
99.3-percent year-to-date price decline.


145 Coal Firms Bag Export Recommendations

8 Oktober 2014

145 Coal Firms Bag Export Recommendations

The coal exporter registration rule was issued to, among others,
to prevent illegal exports.