Coal Commodity: Production Rate Is Still Sloping
The Ministry of Energy and Mineral Resources (ESDM) noted that the realization of national coal production until May 2021 was 237 million tons.
Director General of Mineral and Coal at the Ministry of Energy and Mineral Resources, Ridwan Djamaluddin, said that the realization was only about 38 percent of the production target for this year which was set at 625 million tons. According to him, there are a number of external factors that prevent producers from being able to increase their production significantly. "Several obstacles experienced by business entities include weather conditions and disasters in early 2021," In the same period, the realization of the use of coal for domestic purposes (domestic market obligation / DMO) was recorded to have reached 51.8 million tons. The DMO realization has reached 37.7% of this year's target of 137.5 million tons. Ridwan said that his party will continue to encourage producers to increase the realization of DMO so that there will be no supply disruptions for the domestic industry. "We ensure that domestic coal needs will still be met as determined," said Ridwan. The Head of the Communication, Public Information Services and Cooperation Bureau (KLIK) of the Ministry of Energy and Mineral Resources (ESDM) Agung Pribadi said that the upward trend in coal prices in the last 2 months was mainly driven by increased demand from China, as well as higher domestic prices. local coal.
|•SOURCE•| Image :INDONESIA WINDOW |
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