Jakarta, CNBC Indonesia – Coal prices are starting to stretch after collapsing. The price increase was supported by increasing demand from Asia. Referring to Refinitiv, the ICE Newcastle coal price for the December contract closed at US $ 123.25 per ton or up 0.82% on Tuesday trading (7/11/2023). This strengthening is good news after coal prices collapsed and touched the lowest level in 28 months or since June 16, 2021 on Monday (6/11/2023) at US$ 122.25 per ton.  Coal demand from Asia has started to rise in preparation for winter. As reported by Reuters citing Kpler data, coal imports by

Jakarta, CNBC Indonesia – Coal prices are starting to stretch after collapsing. The price increase was supported by increasing demand from Asia. Referring to Refinitiv, the ICE Newcastle coal price for the December contract closed at US $ 127.25 per ton or up 3.25% on Wednesday trading (8/11/2023). This strengthening is good news after coal prices collapsed and touched the lowest level in 28 months or since June 16, 2021 on Monday (6/11/2023) at US$ 122.25 per ton.  Coal prices strengthened as western Europe’s imported coal inventories have been further depleted to the lowest level in eight months amid signs

Data from the Ministry of Energy and Mineral Resources’ Minerba One Data Indonesia (MODI) shows that Indonesia’s coal production from January to October 2023 has reached 635.07 million tons. This achievement is 9.39% higher than the same period the previous year of 575.38 million tons. Meanwhile, as of 7 November 2023, total coal production has reached 640.54 million tons or 92.23% of the 2023 production target of 694.5 million tons. This article was published on Katadata.co.id with the title “Indonesia’s Coal Production Increases 9.4% Until October, Reaching 635 Million Tons”. When viewed based on the realization of coal production per month,