World Coal Prices Jump 10.6% Through the Sacred Number 200

Jakarta, CNBC Indonesia – The price of Newcastle thermal coal has soared this week and passed the psychological level of US$ 200/ton, following the uncertainty surrounding world coal supply due to Indonesia’s tightening import policy. On Friday (14/1/2022) the price of the most active coal futures contract in the New Castle market closed 2.48% higher […]

Indonesia Makes Coal Prices Fall 6%!

Jakarta, CNBC Indonesia – Coal prices fell again. Now the price of the black stone is currently corrected for three trading days in a row. Yesterday, the price of coal on the ICE Newcastle (Australia) market closed at US$ 168.1/ton. Decreased 1.12% compared to the previous day’s closing position. This correction made coal prices weaken […]

Get ready Cuan INDY, PTBA & ADRO for the Discourse on Revision of Coal DMO

Bisnis.com, JAKARTA – The discourse on adjusting the domestic market obligation (DMO) benchmark price for coal was discussed again after the Ministry of Energy and Mineral Resources (ESDM) opened an option to evaluate the provision for capping coal prices of US$70 per metric ton. As previously reported, the Director General of Mineral and Coal Revenue […]

Soaring Far, Flying High… Coal Prices Up 14%!

Jakarta, CNBC Indonesia – The price of coal is still climbing the hiking trail. The price of the black stone has gone up for five consecutive trading days. Yesterday, the price of coal on the ICE (Newcastle (Australia) market) closed at US$ 165.95/ton, up 1.65% compared to last week. The upward trend in coal prices […]

Hair, uh Coal, Loss! Because of Xi Jinping Here…

Jakarta, CNBC Indonesia – Coal prices fell in yesterday’s trading. Maybe investors want to withdraw the profits from coal contracts which are quite high. Yesterday, the price of coal on the ICE Newcastle (Australia) market closed at US$ 156/ton. Ambles 11.36% from last weekend’s position. This correction made coal prices plummet for two consecutive trading […]

Thanks to Xi Jinping, Coal Prices ‘Fly’ 26% More!

Jakarta, CNBC Indonesia – Coal prices are still strong climb. The price of the black stone has now posted an increase for eight consecutive days. Yesterday, the price of coal in the ICE Newcastle market closed at US$ 184.5/ton. Up 0.54% from the previous day’s closing position. This increase fulfills the trend of coal price […]

He said ‘Apocalypse’ Coal? Why did the price even go up 6%?

Jakarta, CNBC Indonesia – Coal prices rose sharply in yesterday’s trading. It seems that the correction that is already severe has made investors interested again in buying up the black stone. Yesterday, the price of coal on the Newcastle (Australia) ICE market closed at US$ 168.2/ton. Soared 6.46% compared to closing positions last weekend. Coal […]

Revenge! After 33% Collapse, Coal Prices Soared 7%

Jakarta, CNBC Indonesia – Coal prices moved up throughout last week. The chain of price weakness for the black stone has been broken which has occurred four weeks in a row. Last weekend, the price of coal on the ICE market in Newcastle (Australia) closed at US$ 158/ton. Up 0.57% compared to the previous day. […]

Coal DMO Revoked, RI Holds Red Carpet for Tycoons

Jakarta, CNBC Indonesia – The government in this case the Ministry of Energy and Mineral Resources (ESDM) plans to change the domestic coal sales price scheme or Domestic Market Obligation (DMO). Energy Economics observer at Gadjah Mada University (UGM) Fahmy Radhi said that if the DMO was removed, it would mean that PLN would buy […]

Suddenly the DMO Coal Pricing Scheme Wants to Be Changed, Why?

Jakarta, CNBC Indonesia – The government in this case the Ministry of Energy and Mineral Resources (ESDM) plans to change the domestic coal sales price scheme or Domestic Market Obligation (DMO). The Director General of Mineral and Coal at the Ministry of Energy and Mineral Resources, Ridwan Djamaluddin, said that the government had opened a […]