The Vietnam Trade Office in Indonesia (Ministry of Industry and Trade) recommends that Vietnamese coal importers note that in the process of trading coal from Indonesia, they should not sign new transaction agreements with these enterprises until when there is a new notice from the government of this country.
According to the Ministry of Industry and Trade, the Ministry of Natural Resources and Minerals of Indonesia has just announced a list of 34 coal mining and trading enterprises of this country temporarily banned from exporting.
The reason is that these enterprises violated regulations on domestic coal sales ratio obligations when they failed to fulfill their contractual obligations to supply coal to state-owned companies PT PLN (Persoro) and PT PLN Batubara during the period. from January 1 to July 31.
The temporary ban will start from August 7, 2021 until these enterprises fulfill their obligations to supply coal to the domestic market.
The Vietnam Trade Office in Indonesia recommends that Vietnamese coal importers note that in the process of trading coal from Indonesia, they should not sign new transaction agreements with these enterprises until there is a notice from the Vietnamese government. Indonesia’s Ministry of Natural Resources and Minerals on lifting the temporary export ban. The list of 34 banned coal mining and trading enterprises includes:
| STT | Company name | STT | Company name |
| 1 | PT Arutmin Indonesia | 18 | PT Sumber Energi Sukses Makmur |
| 2 | PT Mitra Maju Sukses | 19 | PT Dizamatra Powerindo |
| 3 | PT Ascon Indonesia International | 20 | PT Surya Mega Adiperkasa |
| 4 | PT Nukkuwatu Lintas Nusantara | 21 | PT Global Energi Lestari |
| 5 | PT Bara Tabang | 22 | PT Tanjung Raya Sentosa |
| 6 | PT Oktasan Baruna Persada | 23 | PT Golden Great Borneo |
| 7 | PT Batara Batari Sinergy Nusantara | 24 | PT Tepian Kenalu Putra Mandiri |
| 8 | PT Prima Multi Mineral | 25 | PT Grand Apple Indonesia |
| 9 | PT Belgi Energy | 26 | PT Tiga Daya Energi |
| 10 | PT Prolindo Cipta Nusantara | 27 | PT Hanson Energy |
| 11 | PT Berkat Raya Optima | 28 | PT Titan Infra Energy |
| 12 | PT Samantaka Batubara | 29 | PT Inkatama Resources |
| 13 | PT Borneo Indobara | 30 | PT Tritunggal Bara Sejati |
| 14 | PT Sarolangun Prima Coal | 31 | PT Kasih Industri Indonesia |
| 15 | PT Buana Eltra | 32 | PT Usaha Maju Makmur |
| 16 | PT Sinar Borneo Sejahtera | 33 | PT Mandiri Unggul Sejati |
| 17 | PT Buana Rizki Armia | 34 | PT Virema Inpex |
According to statistics of the General Department of Vietnam Customs, in the first 7 months of 2021, the amount of coal imported from Indonesia reached 9.6 million tons with a turnover of nearly 733 million USD, down 9.3% in volume and up. nearly 43% in value.
The value of coal import turnover from Indonesia in the first 7 months of 2021 increased sharply due to high international coal prices due to strong coal demand from China and some North Asian countries, leading to a corresponding increase in the price of Indonesian coal exports. .
The reference price of coal (HBA) in July, announced by the Indonesian government, as a basis for this country’s coal production and trading enterprises to offer their selling price, increased to nearly $116/ton, up 121% compared to the previous month. same period last year and 15% compared to June 2021.
From January to July, the reference price of coal in this country has increased by 53%.
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Hotline: 0345786803
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