Jakarta-The movement of world coal prices will be increasingly influenced by price movements of crude oil and other energy commodities as the increasing role as an energy substitute. Bely Utarja, commodities analyst from Prasetia Mulya Business School, said the demand for coal as a substitute for other energy commodities higher, especially in developing countries.

"That way, the price of coal in the future will be more correlated with the price of oil and other energy commodities," he told Business Today.

On the other hand, he continued, increasing energy demand in general is also in rising trend and pushing the price of coal is also in the up trend. According to him, the demand for coal yield of less than 5100 calories per kg cal ahead will be higher, especially from China, Indonesia, and India which will build on the east coast.

He said the process of reconstruction after the earthquake and tsunami in Japan as well as revisions in the German nuclear program led to increased global coal demand. Coal Indonesian Employers Association (APBI) predicted that Indonesian coal production in 2015 could reach 456 million tons in 2015, higher than the government's target of 398 million tons.

Of these, coal exports expected to reach 326 million tonnes, higher than the government's target of 250 million tons. As for domestic consumption estimated at 130 million tonnes, lower than the government target of 148 million tons.

Today, the reference price of coal for power plants in China stopped rising for the first time in 10 weeks due to rainfall in dry areas to increase hydropower production and the government consider lowering import taxes on coal.

Referring to China Coal Transport data and Distribution Association, the price of coal with an energy value of 5500 calories per kg at Qinhuangdao port have not changed at the level of 830 yuan (U.S. $ 128) to 845 yuan per metric ton. The data are usually published on Monday, too late for a national holiday.

Request a new stone increased in 2 months because of drought in central and southern China cut hydropower generation, increase the demand for electricity from coal power.

Hongyu Cai, an analyst at China International Capital Corp., based in Hong Kong said the National Development Reform Commission is considering reducing the VAT and port costs to encourage more coal imports. That, he continued, could limit the increase in coal price