Coal Journal

Thermal coal retreated to US$112 per ton Wednesday (Sep 18) to represent year-on-year gain of 16.83%, ensuring positive trend for the commodity’s contribution to Indonesian economy this year. In the first eight months of 2018, Indonesia generated export revenues of US$16.46 billion from coal, an increase of 24.3% from the corresponding period last year.

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Revisiting Transcoal Pacific

Trading in shares of Transcoal Pacific (TCPI), engaging in marine transportation services, remains suspended since August 7, 2018. Earlier in July 23, the Indonesia Stock Exchange (IDX) management also halted trading in TCPI as the stock jumped over 3,077%, to Rp4,330 per share, from its IPO price of Rp138.

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