Isman A Atmadibrata

@Charles35523382 @LFC He kept gakpo over diaz... fatal

Slot OUT “£500 million spent, Premier League defending champions, and Liverpool’s biggest achievement this season is beating West Ham 5-2. Burnley drew at Anfield. BURNLEY. Currently lost to Brighton. The most expensive mid-table project in football history. PSG game will be a Cinema 😄😅

Defeat at Brighton. #BHALIV

@EvilEmoEssence @LFC Agree, gakpo is useless

@LFC See? Gerrard just said we have no attacking pace up front. I've been saying all season that Gakpo can't run, yet Slot thinks he should play solo striker. Should've brought on Rio or Chiesa but just Slot doing Slot things 😒

Level at the break ⏸️ #BHALIV

@LFC The most useless player on this match from Liverpool is cody gakpo

Asia pivots to coal as Middle East conflict chokes LNG supply msn.com/en-gb/news/wor…?

@D1rk_G3ntly Either way it is a complement and promotion! Thank you! Regardless, I got many things wrong. I have my own business and I am doing well, Alhamdulillah!

China •Although domestic coal prices have risen, overall market activity remains weak. Most private coal mines have halted production as the lunar new year holiday that runs from 15-23 February approaches. Rain and snow in key producing areas has also disrupted transportation, leading to continued declines in inventories at northern ports •Coal stocks at Qinhuangdao port were at 5.55 mt down from 5.75 mt last week. Coal stocks at Caofeidian port were at 4.11 mt, down from 4.20 mt last week. Coal stocks at Guangzhou port were at 1.94 mt, down from 2.09 mt last week. •On the demand side, consumption is also weakening ahead of the holiday as plants gradually shut down and power demand from industrial users falls sharply. Temperatures in southern China have warmed this week, causing daily coal burn at power plants to fall from recent highs. Coal consumption at coastal utilities averaged 2.19 mt/d this week, down from 2.34 mt/d a week earlier. •China started up a total of 78 GW of coal power capacity in 2025, marking the highest level in decade. China plans to add 85 new coal-fired power plants this year. #Thermalcoal

Indonesia •Indonesian seaborne supply is being curbed by a combination of other factors, including low domestic coal inventories at power plants operated by state-owned utility PLN, weather-related disruptions to mining and a ban on coal hauling trucks using public roads in south Sumatra. This is on top of the uncertainty surrounding the RKAB quotas. •Indonesian thermal coal spot trading has taken a back seat because producers needed to ensure that they have enough cargoes to fulfill their term contracts. Some trading firms said their term contracts have been affected following the uncertainty that arose from the reduced 2026 output quotas. •Indonesian mid and low-CV spot cargoes are being offered significantly higher this week compared to last week. One producer offering mid-CV Panamax cargoes at a $7/t premium to the ICI 3 index FOB Kalimantan. Another producer said spot GAR 4,200 coal was being offered at a premium of $4/t to the ICI 4 index for Supramax shipments and at a $5/t premium for Panamax vessels, both FOB Kalimantan. •The MEMR has indicated that the DMO for coal could be set more than 30% due to downward adjustments to coal production targets for 2026 to ensure domestic coal demand is met. •A worker was killed in a workplace accident at the Bangko Barat mining concession of PTBA in south Sumatera, causing the operation to halt since 1 February. #Indonesiacoal #Thermalcoal

Weekly THermal Coal Market Price [2 February – 6 February] •April-loading Panamax cargo of GAR 5,000 coal traded at $69/t FOB Kalimantan. •March-loading Panamax cargo of GAR 5,000 coal traded at $64.25/t FOB Sumatra. •March-loading Panamax cargo of GAR 4,200 coal traded at $55/t FOB Kalimantan. •Huaneng and Datang utilities awarded March-delivery Panamax cargoes of GAR 4,200 coal at prices netting back to $50.75-51.25/t FOB Kalimantan. •Yudean utility awarded March-delivery Panamax cargoes of GAR 4,200 coal at prices netting back to $50.50-52.50/t FOB Kalimantan. •Australian NAR 5,500 coal for March-delivery traded at $78-84/t FOB Newcastle. #Indonesiacoal #Thermalcoal

Indonesia •Many Indonesian coal producers have received their one-year RKAB approvals for 2026, with the MEMR imposing production cuts ranging from 10% to 80% toward end of the week. In aggregate, this represents an estimated reduction of up to 150 Mt compared to the originally proposed volumes. Miners who received volume cut are required to adjust based on approved volume and re-submit their plan within 2 working days. •Authorities in South Sumatra granted approval for 69 coal trucks to use public roads in Muratara Regency and Lubuk Linggau for less than 12 hours, ending on the morning of 26 January. The trucks were allowed road access to deliver coal to the 200MW Bengkulu coal-fired power plant as the plant’s available coal will run out within one week at its current operational level. •Indonesia finance minister said the government was completing legal and legislative processes for the export levy policy including finalizing a tiered tariff structure that is expected to range between 5% and 8% depending on coal benchmark prices. •The East Kalimantan provincial government has temporarily closed a key bridge and riverway used for coal transporting following a barge collision with the Mahakam Ulu bridge on 25 January. All vessels have been instructed to suspend passage and towing activities during the inspection. The riverway was closed for a day and resume normal operation on 27 Januari 2026. Around 90 million t per year of coal are loaded in Muara Berau port. #Thermalcoal #Indonesiacoal

Market Price Week 5 •March-loading Panamax cargo of GAR 5,000 coal traded at $64.25/t FOB Kalimantan. •February-loading Panamax cargo of GAR 5,000 coal traded at $66.00/t FOB Sumatera. •February-loading Panamax cargoes of GAR 4,200 coal traded at $49.50-51.00/t FOB Kalimantan. •February-loading Supramax cargo of GAR 4,200 coal traded at $47.00/t FOB Kalimantan. •Yudean bought eight Panamax cargoes of GAR 4,200 coal at prices netting back to $49.75-50.75/t FOB Kalimantan. •Australian NAR 6,000 coal for April-loading traded at a $5.70/t discount to an index FOB Newcastle. •Australian NAR 5,500 coal for February-loading traded at prices netting back to $73-76/t FOB Newcastle. •Australian NAR 5,500 coal for March-loading traded at $77/t FOB Queensland. #Indonesiacoal #thermalcoal

Diversifying rare earths markets is key to ensuring the resilience of global supply chains. New projects are emerging worldwide, but planned refining & magnet manufacturing capacity outside of China remains well below that for mining 👉 iea.li/4qDPiPR

•Indian coal generation climbed 3% this week to 3.55 TWh/day, stepping in to fill the gap left by a 3% drop in renewable output. •This continues a strong December trend, with coal burn tracking 10% higher than November and 2% higher than last year. While hydropower and other thermal sources also increased production, firm industrial and agricultural demand absorbed this extra supply, keeping day-ahead electricity prices unaffected. Household demand remains subdued due to the winter season. #thermalcoal

The Indonesia government production cuts plan may support prices against softer demand from key export markets. January marks a critical period where multiple factors will coincide, specifically annual plan approvals unclarity, the wet season, export tax, export proceeds retention rules, South Sumatera logistic permit halt and winter heating demand. Nevertheless, elevated stockpiles stand as the primary bearish indicator, likely dampening the impact of these supporting factors. #Indonesiacoal #thermalcoal

"Those Who Do Not Learn History Are Doomed To Repeat It." 🟤We’ve been down this road before. We invaded Iraq because blockades and sanctions failed to topple the regime. 🟤We sanctioned Iran for decades and boarded oil tankers and steered them to Houston— the regime stayed in power. 🟤We’ve sanctioned Cuba for over sixty years— the regime is still there. Whom are we fooling? 🟤 Tell me you want to choke Cuba, and I will believe you! The Trump administration’s seizure of a tanker full of Venezuelan crude hits Nicolás Maduro much harder than airstrikes on alleged drug boats. It raises an existential crisis for a regime that runs on oil revenue. wsj.com/world/americas… via @WSJ

Europe’s Gas Shortage Has a New Villain: Artificial Intelligence & Data Centers Daily Energy Report open.substack.com/pub/afalhajji/…

With the Annual work plan (RKAB) approval process still unclear a month after the November 15 deadline, the coal industry faces heightened regulatory risk. Producers are advised to exercise caution in committing volumes, as the government may enforce production cuts. Unfortunately, this uncertainty is preventing many miners from securing contracts and taking advantage of the current market strength. #Indonesiancoal #Thermalcoal @sxcoal

The IEA's 2025 edition of World Energy Outlook. released in Nov 2025. China outlook charts seem stagnan in the next decade.

•Rates for Supramaxes from South Kalimantan to South China route were at $8.50/t, down from $8.70/t last week. Panamaxes on the same route were at $8.40/t, down from $8.50/t last week. •Rates for Supramaxes from South Kalimantan to Yangtze River ports were around $9.70/t, down from $10.20/t last week. •Rates for Supramaxes from Indonesia to east India were at $11.85/t, down from $12.00/t. Panamaxes for the same route were at $10.00/t, up from $9.50/t last week. •Rates for Supramaxes from Indonesia to west coast India were at $13.85/t, down from $14.00/t. Panamaxes for the same route were at $11.00/t, up from $10.50/t last week. •LNG tanker freight rates surged dramatically in one week. Atlantic rates rose 55% (to $61,750/day) and Pacific rates increased 35% (to $42,250/day). The spike is attributed to seasonal demand combined with discharge delays in Egypt, which have disrupted schedules for an already tight supply of ships. •A Ukrainian drone strike successfully knocked the Lukoil-operated Volgograd refinery offline, halting operations at one of Russia's largest fuel processing facilities. The attack ignited fires in the main crude distillation unit and hydrocracker, severely disrupting a facility responsible for approximately 5% of Russia’s total refining throughput. •Natural gas: After a slow start to the heating season, Henry Hub (+11.4%) soared well above $4.00/MMBtu, propelled by surging feedgas demand and weather forecasts predicting the first blast of cold air ahead. We expect Henry Hub to retreat from current highs as the market appears overbought, especially in light of warmer weather mid-month. TTF (-1.4%) fell on strong wind power generation and warmer temperatures, however, the outlook for next week is slightly bullish due to tighter vessel availability in the Atlantic Basin and a lull in NWE wind generation (Dunkelflaute). JKM (-0.5%) inched lower as elevated Northeast Asian inventories buffered the impact of early-season cold snaps in the region. The outlook is stable, as strong Indian non-power demand is offset by weaker Chinese imports, which will likely result in a narrowing of the Asian LNG-TTF spread. #LNG #freightbulker #

India •Northern and central India is experiencing a cold wave with temperatures dropping significantly below seasonal averages. Meanwhile, southern states are bracing for heavy rainfall and thunderstorms. •The changes in Goods and Services Tax (GST) on coal in India from September 2025 by removing the flat Rs400/t compensation cess but increasing GST from 5% to 18% has influenced the coal pricing. For instance, if a power plant buying low grade coal at Rs1200/t, with the old system the power plant will have total tax at around Rs460 or equal to 38% of the price. Meanwhile, with the new system power plant will only have Rs216 or equal to 18% of the price. Removing the flat cess means low priced coal is no longer taxed disproportionately and power plants pay less for bulk coal purchases. This can lower production costs and help avoid electricity tariff hikes for consumers. #Thermalcoal

Indonesia •Indonesian producers are keeping export prices offers high due to several factors: heavy rain in Kalimantan disrupting operations, some producers being sold out for the year, and others nearing their RKAB quota limits. •Coal producer PT Manambang Muara Enim (MME) has laid off about 30% of its workforce, as the company remains under force majeure and unable to resume operations. This is due to a prolonged suspension of coal hauling across South Sumatra’s Muara Lawai Bridge, which has halted the company's coal transportation since August 2025. #Thermalcoal #Indonesiacoal @sxcoal