Indonesia's Coal Production Volume Relatively Low So Far in 2018

However, Agung Pribadi - Head of the Energy Ministry's Communication, Public Information Service and Cooperation Bureau - informed that a data reconciliation process at the ministry is the reason why coal output has been low so far in 2018.

The coal production figure of 319.08 million in the January-September 2018 period does not include all production data from IUP-holders (Izin Usaha Pertambangan or Mining Business License). Thus, once included, it might be that Indonesia's coal production has actually grown compared to 2017. After all, coal prices have made it attractive for coal miners to encourage production activities and sales. Over the past couple of months the government's benchmark coal price remained above the USD $100 per ton level.

Pribadi said the latest coal production figure involves output by those coal miners that are active under the longstanding Contracts of Work (Perjanjian Karya Pengusahaan Pertambangan Batubara, or PKP2B). Meanwhile, data from IUP-holders only run up to the end of June 2018. Thus, the 319.08 million coal production figure in the first three quarters of the year still misses the Q3 data from IUP-holders.

Recently, the Indonesian government raised its coal production target for full-year 2018 from 485 million tons to 506.9 million tons.

Hendra Sinadia, Deputy Executive Director of the Indonesian Coal Mining Association (APBI), added that the nation's coal production is set to grow strongly in the second half of the year. Besides the data reconciliation process, weather also caused some disturbances in coal production in the first half of the year.

Indonesian Government's Benchmark Thermal Coal Price (HBA):

Month	2017	2018
January	86.23↓	95.54↑
February	83.32↓	100.69↑
March	81.90↓	101.86↑
April	82.51↑	94.75↓
May	83.81↑	89.53↓
June	75.46↓	96.61↑
July	78.95↑	104.65↑
August	83.97↑	107.83↑
September	92.03↑	104.81↓
October	93.99↑	100.89↓
November	94.84↑
December	94.04↓
Average	85.9↑

 

Month	2012	2013	2014	2015	2016
January	109.29	87.55	81.90	63.84	53.20
February	111.58	88.35	80.44	62.92	50.92
March	112.87	90.09	77.01	67.76	51.62
April	105.61	88.56	74.81	64.48	52.32
May	102.12	85.33	73.60	61.08	51.20
June	96.65	84.87	73.64	59.59	51.87
July	87.56	81.69	72.45	59.16	53.00
August	84.65	76.70	70.29	59.14	58.37
September	86.21	76.89	69.69	58.21	63.93
October	86.04	76.61	67.26	57.39	69.07
November	81.44	78.13	65.70	54.43	84.89
December	81.75	80.31	69.23	53.51	101.69
Average	95.5	82.9	72.6	60.1	61.8

^{in USD/ton
Source: Ministry of Energy and Mineral Resources}

Indonesian Production, Export, Consumption & Price of Coal:

	2014	2015	2016	2017	2018
Production (in million ton)	458	461	456	461	507¹
Export (in million ton)	382	375	366	364	361¹
Domestic (in million ton)	76	86	90	97	146¹
Price (HBA) (in USD/ton)	72.6	60.1	61.8	85.9	-

 

	2008	2009	2010	2011	2012	2013
Production (in million ton)	240	254	275	353	412	474
Export (in million ton)	191	198	210	287	345	402
Domestic (in million ton)	49	56	65	66	67	72
Price (HBA) (in USD/ton)	n.a	70.7	91.7	118.4	95.5	82.9

^{¹ government target
Sources: Indonesian Coal Mining Association (APBI) & Ministry of Energy and Mineral Resources}

‹ Kembali ke Berita Hari Ini

Bahas

Silakan login atau berlangganan untuk mengomentari kolom ini