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Thursday, 28 July 11
PTBA'S COAL PRICES UP IN H1 2011
COALspot.com - Bukit Asam’s coal prices in the second half of 2011 will expected to be higher than the first half of this year, said Sukrisno, President Director of PT Tambang Coal Bukit Asam Tbk. In addition to higher prices, coal productions of PTBA will also be increased significantly in second half.
“We are targeting to produce 15 million tons of coal by the end of 2011. We have already sold 6.57 million tons of coal in first half of this year, which is 2 percent higher than the same period in 2010. The current coal market is good ," added Sukrisno.
According to the announcement of the Bukit Asam, the average selling price of Bukit Asam coal for the domestic market in the first half of 2011 was around to Rp 763,405/ton (US$ 89.9711 ), up 27 percent compared to the same period in 2011.
PTBA’s selling price for the first half of 2010 was only Rp 601,106/ton (US$ 70.8434).
However the first quarter of 2011, the average selling price was at Rp 751,457/ton (US$ 88.5630 ), up 35 percent compared to 1Q of 2010. The average selling price for the export market was also increased 61 percent to U.S. $ 98.45 / ton, he explained.
The production cost of PTBA has not changed significantly as the Oil prices are currently at stable or flat condition. In additions that, Bukit Asam is not entirely using oil for coal production and about 55 percent of the production or mining activities were done based on electricity power.
Bukit Asam, the state owned coal miner is seeing a good and promising future for its coal and company.
To contact the reporter to responsible on this story: Efendi at efendi@coalspot.com
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Wednesday, 12 October 11
INDONESIAS COAL RUSH - JOSEPH KIRSCHKE
COALspot.com - Last winter, the Chinese government mobilized thousands of soldiers and reservists of the People’s Liberation Army to the port ...
Wednesday, 12 October 11
CAPESIZE - A SURPRISE JUMP IN RATES - BRS
There was a surge across all sizes last week, resulting in the BDI gaining 101 points to end the week at 2,000 points (+5.3%). The BCI reached 3,218 ...
Wednesday, 12 October 11
CAPESIZE FREIGHT RATES BOUND TO RETREAT FROM 2011 HIGHS ON THE BACK OF TONNAGE OVERSUPPLY SAYS BIMCO
According to Nikos Roussanoglou, Hellenic Shipping, with the BDI (Baltic Dry Index) breaking yet another 2011 high yesterday and ending the se ...
Tuesday, 11 October 11
GLENCORE, SUITOR FOR BUMI PLC? - INSIDER STORIES
Insider Stories reported that, the largest commodities trader in the world, Glencore International Plc, is considering an opportunity to acquire a m ...
Tuesday, 11 October 11
RENUKA COALINDO BUYS JAMBI COAL
PT Renuka Coalindo Tbk, formerly PT Allbond Makmur Usaha Tbk plans to acquire PT Jambi Prima Coal holder of mining concession in Pauh, Sa ...
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- Singapore Mercantile Exchange
- Cigading International Bulk Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Grasim Industreis Ltd - India
- Ind-Barath Power Infra Limited - India
- Xindia Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Intertek Mineral Services - Indonesia
- ICICI Bank Limited - India
- Trasteel International SA, Italy
- Simpson Spence & Young - Indonesia
- Sree Jayajothi Cements Limited - India
- Meralco Power Generation, Philippines
- Ceylon Electricity Board - Sri Lanka
- TeaM Sual Corporation - Philippines
- Indika Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- SMG Consultants - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Ambuja Cements Ltd - India
- Salva Resources Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Goldman Sachs - Singapore
- Samtan Co., Ltd - South Korea
- PTC India Limited - India
- Straits Asia Resources Limited - Singapore
- Wilmar Investment Holdings
- Star Paper Mills Limited - India
- Tamil Nadu electricity Board
- Kepco SPC Power Corporation, Philippines
- Romanian Commodities Exchange
- South Luzon Thermal Energy Corporation
- Bhatia International Limited - India
- Renaissance Capital - South Africa
- Price Waterhouse Coopers - Russia
- Central Java Power - Indonesia
- Binh Thuan Hamico - Vietnam
- Coastal Gujarat Power Limited - India
- Aditya Birla Group - India
- Edison Trading Spa - Italy
- Standard Chartered Bank - UAE
- IEA Clean Coal Centre - UK
- Aboitiz Power Corporation - Philippines
- Thai Mozambique Logistica
- Mercuria Energy - Indonesia
- Ministry of Transport, Egypt
- Karaikal Port Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- European Bulk Services B.V. - Netherlands
- Electricity Authority, New Zealand
- Formosa Plastics Group - Taiwan
- Port Waratah Coal Services - Australia
- Bhushan Steel Limited - India
- Parry Sugars Refinery, India
- GMR Energy Limited - India
- Metalloyd Limited - United Kingdom
- Australian Coal Association
- Malabar Cements Ltd - India
- Madhucon Powers Ltd - India
- Rio Tinto Coal - Australia
- Banpu Public Company Limited - Thailand
- Sojitz Corporation - Japan
- Bahari Cakrawala Sebuku - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Billiton Holdings Pty Ltd - Australia
- PowerSource Philippines DevCo
- Marubeni Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coal and Oil Company - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- CNBM International Corporation - China
- Posco Energy - South Korea
- Energy Development Corp, Philippines
- London Commodity Brokers - England
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
- Global Business Power Corporation, Philippines
- Coalindo Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Commonwealth Bank - Australia
- Videocon Industries ltd - India
- Miang Besar Coal Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Vedanta Resources Plc - India
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- Kaltim Prima Coal - Indonesia
- SMC Global Power, Philippines
- The University of Queensland
- CIMB Investment Bank - Malaysia
- McConnell Dowell - Australia
- Kideco Jaya Agung - Indonesia
- Larsen & Toubro Limited - India
- Economic Council, Georgia
- New Zealand Coal & Carbon
- Vijayanagar Sugar Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Africa Commodities Group - South Africa
- Attock Cement Pakistan Limited
- Alfred C Toepfer International GmbH - Germany
- Indonesian Coal Mining Association
- Minerals Council of Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- AsiaOL BioFuels Corp., Philippines
- Toyota Tsusho Corporation, Japan
- Pendopo Energi Batubara - Indonesia
- Lanco Infratech Ltd - India
- Mercator Lines Limited - India
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Borneo Indobara - Indonesia
- Eastern Energy - Thailand
- Gujarat Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Manunggal Multi Energi - Indonesia
- Vizag Seaport Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Carbofer General Trading SA - India
- Georgia Ports Authority, United States
- Riau Bara Harum - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Chamber of Mines of South Africa
- Kartika Selabumi Mining - Indonesia
- Mjunction Services Limited - India
- Sindya Power Generating Company Private Ltd
- Antam Resourcindo - Indonesia
- Merrill Lynch Commodities Europe
- ASAPP Information Group - India
- GVK Power & Infra Limited - India
- Semirara Mining Corp, Philippines
- Wood Mackenzie - Singapore
- Therma Luzon, Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- Dalmia Cement Bharat India
- Maheswari Brothers Coal Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Gujarat Sidhee Cement - India
- LBH Netherlands Bv - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Orica Mining Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Agrawal Coal Company - India
- Semirara Mining and Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Directorate Of Revenue Intelligence - India
- Sakthi Sugars Limited - India
- Tata Chemicals Ltd - India
- Sical Logistics Limited - India
- Electricity Generating Authority of Thailand
- Thiess Contractors Indonesia
- Central Electricity Authority - India
- Indogreen Group - Indonesia
- Ministry of Finance - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Globalindo Alam Lestari - Indonesia
- Essar Steel Hazira Ltd - India
- Petron Corporation, Philippines
- Heidelberg Cement - Germany
- Australian Commodity Traders Exchange
- Altura Mining Limited, Indonesia
- VISA Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Indian Energy Exchange, India
- Jindal Steel & Power Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- White Energy Company Limited
- India Bulls Power Limited - India
- Bharathi Cement Corporation - India
- International Coal Ventures Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Indian Oil Corporation Limited
- Maharashtra Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- GAC Shipping (India) Pvt Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Coal Blending Company Limited - Australia
- MS Steel International - UAE
- Interocean Group of Companies - India
- Oldendorff Carriers - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Anglo American - United Kingdom
- Deloitte Consulting - India
- Bangladesh Power Developement Board
- Uttam Galva Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Global Green Power PLC Corporation, Philippines
- Bulk Trading Sa - Switzerland
- The Treasury - Australian Government
- Bayan Resources Tbk. - Indonesia
- Meenaskhi Energy Private Limited - India
- Power Finance Corporation Ltd., India
- Independent Power Producers Association of India
- San Jose City I Power Corp, Philippines
- Latin American Coal - Colombia
- Jaiprakash Power Ventures ltd
- Cement Manufacturers Association - India
- Planning Commission, India
- Sarangani Energy Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Kobexindo Tractors - Indoneisa
- Parliament of New Zealand
- Bukit Baiduri Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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