Investors are nervous, Coal Stocks are being abandoned?

Jakarta, CNBC Indonesia – Shares of listed coal mining companies closed sinking into the red zone at the close of trading Thursday (21/10/2021), in the midst of profit-taking that is still happening in coal commodities lately. According to data from the Indonesia Stock Exchange (IDX), the Jakarta Composite Index (JCI) fell 0.35% to 6,632,972, with […]

Rocking Ship, Captain! Coal Price Loss 14% in a Day

Jakarta, CNBC Indonesia – Coal prices are down again. Not just down, but melted down. Yesterday, the price of coal on the ICE Newcastle (Australia) market was at US$ 181.95/ton. Loss of 14.62% compared to the day before. This is the deepest daily correction since October 6, 2021. This correction made the price of the […]

Withstand Price Surges, China Will Boost Coal Production!

Jakarta, CNBC Indonesia – Several Chinese coal companies are ready to increase production so that prices do not go wild due to the very limited supply in the world. As is known, China’s thermal coal prices have jumped more than 200% this year to record highs. This was due to supply disruptions from a number […]

For those who hold Coal-CPO-Nickel, this is Jokowi’s prediction!

Jakarta, CNBC Indonesia – President Joko Widodo (Jokowi) has raised his voice regarding the energy crisis that has hit a number of world countries and Indonesia’s superiority in having commodities whose prices are soaring, including coal, palm oil, nickel and copper. This was conveyed by Jokowi while attending the inauguration of the opening of the […]

Coal Prices Drop! Sorry, Not Down but Collapsed…

Jakarta, CNBC Indonesia – Coal prices fell on trading yesterday. Not just down, but ambrol. Yesterday, the price of coal on the Newcastle (Australia) ICE market closed at US$ 220.9/ton. A drop of 6% from the previous day. This correction seems to be the result of a massive sell-off (sell-off). Search how could be the […]

What do we need fossil fuels for? To save forests, says geologist CĂ­lek

Is the Czech Republic ready for energy transformation? Will we have to import electricity after 2025? Is the transformation of the current district heating industry possible with the support of the Green Agreement for Europe? Experts talked about new energy sources, the form of a system with coal depletion and a new model of energy […]

Gas Price Drops 7%, Coal Landslides!

Jakarta, CNBC Indonesia – Coal prices fell in yesterday’s trading. The price correction for the black stone occurred in line with the decline in natural gas prices. Yesterday, the price of coal on the ICE Newcastle (Australia) market was recorded at US$ 235/ton. Ambledown of 2.63% compared to last weekend’s closing position. The fall in […]

Coal Prices Drop 7%, but Energy Crisis Continues…

Jakarta, CNBC Indonesia – Thermal Newcastle’s global benchmark coal price closed down 6.91 percent to US$ 241.35/ton. The downward trend that occurred this week was caused by the sharp increase in coal prices, which triggered profit-taking by the public trader on the futures stock or profit taking. So far this week, Newcastle coal prices traded […]

The Money Doesn’t Run Out, This RI Tycoon Buys Coal Stocks

Jakarta, CNBC Indonesia – Owner and President Director of PT Bayan Resources Tbk (BYAN), Low Tuck Kwong, increased his ownership in the company by 0.01% to 55.15% from 55.14% previously. Low is one of the richest people in Indonesia, with a current record net worth according to Forbes Billionaires of US$ 2.1 billion or equivalent […]

Europe invests in its own energy collapse ::

Frans Timermans. Photo: Thierry Monasse / Bloomberg Natural gas prices in Europe are breaking record after record. Britain is facing a shortage of energy supplies, evoking memories of discontent since the late 1970s. Chinese factories are closing due to lack of electricity, and the prospects are getting gloomier, writes Irina Slav in a comment for […]