Indonesia’s Coal Output Falls

This will result in as much as 500,000 mt of output and sales losses for all of 2011 from the company’s total projection of 42 million mt even though Australian production would make up for some of the Indonesian losses. However, Banpu has maintained its revenue target of 90 billion baht this year, thanks to strong coal prices. The Asian reference BJI coal index has eased in the second quarter but remained in a range of US$120/mt in line with the future index for the third and fourth quarters.