Pages

Sunday, November 26, 2006

Indonesian coal exports seen raising to 130 mln tons in 2007

Jakarta (ANTARA News) - Coal exports are expected to increase to 130 mln tons next year from the 110 mln tons estimated for this year because of greater demand, Indonesian Coal Mining Association (APBI) chairman Jeffrey Mulyono said.

He said coal output was expected to grow to 185 mln tons next year from the 153.4 mln estimated for this year.

About 70 pct of Indonesia's coal output is exported. Japan, Taiwan, South Korea and Hong Kong are the main buyers.

Coal prices were expected to rise next year from the level of around 45 usd per ton predicted for the end of this year, Mulyono told XFN Asia.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.