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Saturday, 02 May 09
COAL PRICES TO RISE ON CHINESE SUPPLY, INDIAN DEMAND, UBS SAYS


Peter Hickson, an analyst with UBS AG in London, comments on prices for thermal coal, burned to generate power. He commented in a report today.

“Thermal coal prices are poised to advance based on surprising supply tightness in China and other key supplying regions.”

“Other supporting factors for the seaborne coal market are continuing demand surprises from India. UBS analysts expect power demand growth in India to be 6.8 percent in sharp contrast to other Asian regions.”

Source; http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aECNxlnCVY9c



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Saturday, 02 May 09
BUMI'S FIRST-QUARTER PROFIT RISES 21% ON COAL PRICE - BLOOMBERG
PT BUMI RESOURCES, Asia’s biggest exporter of power-station coal, said first-quarter profit rose 21 percent after it earned higher prices for ...


Friday, 01 May 09
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Thursday, 30 April 09
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Wednesday, 29 April 09
BAYAN READY TO OPERATE WORLD'S LARGEST COAL QUALITY IMPROVEMENT FACILITY - MAJALAH TAMBANG
PT. Bayan Resources Tbk. (hereinafter referred to as Bayan), an Indonesian coal manufacturer, announced that they are ready to operate the world's ...


Wednesday, 29 April 09
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A draft government regulation on mineral and coal is currently in a process of completion. The Indonesian Coal Mining Association (ICMA) proposed th ...


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