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  • Indonesian 5800 GAR coal (Physical) market direction: SOFT - COALspot.com's self assessment (updated on 10 MAY 2012)
  • Indonesia has shipped 30.64 Mmt of coal in March 2012 - Source
  • Indonesia has set the MAY 2012 Coal Reference Price at US$ 102.12 per ton
  • SGX AsiaClear OTC CFR South China Coal Swap for JUNE 2012 Contract has closed at US$ 95.10(-) on 17/5/12 18:00 UTC - SGX
  • SGX AsiaClear OTC FOB Sub-Bit Indonesia Coal Swap for JUNE 2012 Contract has closed at US$ 72.65(+) on 17/5/12 18:00 UTC - SGX

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Thursday, 26 January 12
ABM INVESTAMA SEALS US$100 MIO CONTRACT - INSIDER STORIES


Insider Stories reported that, PT Reswara Minergi Hartama, a subsidary of PT ABM Investama Tbk (ABMM), has sealed a 2 million tons of coal export contract worth US$100 million-US$108 million from Subhan Corporation Pvt Ltd, India.

The contract is signed by PT Tunas Inti Abadi, a subsidiary of Reswara Minergi. President Director Harry Asmar at Reswara Minergi said the contract is secured at US$50-US$54 per ton with 5,400-5,600 kcal/kg.

"Tunas Inti has reached 45% of the sales target this year of 4.5 million tons," he said.
Source: Insider Stories


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Recent News

Sunday, 29 April 12
INDONESIAN SUB-BITUMINOUS COAL SWAPS FOR MAY 2012 DELIVERY WAS STABLE THIS WEEK
COALspot.com - Indonesian sub-bituminous coal swaps for May deliveries stable this week, according to DSP of SGX AsiaClear OTC Coal Swaps. In the me ...


Friday, 27 April 12
BUKIT ASAM’S NET INCOME UP 14% IN 1Q 2012 (UNAUDITED)
Press Release - PT Bukit Asam (Persero) Tbk, announced the Consolidated Financial Statements and Subsidiaries per 31 March 2012 (Unaudited). Reve ...


Thursday, 26 April 12
AUSTRALIA’S COKAL EXPANDS MET COAL POTENTIAL INTO WEST KALIMANTAN
COALspot.com - Global metallurgical coal group Cokal Limited (Cokal) (ASX:CKA) announced today it has completed the acquisition of 75.2% of PT Silan ...


Thursday, 26 April 12
BUKIT ASAM’S 1Q OPERATING PROFIT MARGIN HAS INCREASED BY 6% TO RP. 1 TRILLION
COALspot.com - PT. Bukit Asam (Persero), the Indonesia’s state owned coal miner's 1Q, 2012 revenue has increased by 31% to Rp. 3.02 trillion ...


Thursday, 26 April 12
TAIPOWER TO BUY 1.15 MILLION TONS OF 5000 GAR COAL
COALspot.com - Taiwan Power Company intends to procure 1.125million tons of sub-bituminous coal for Taipower thermal power plant through open tender ...


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