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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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Monday, 22 August 11
NTPC TO IMPORT 16 MILLION TON OF COAL TO BRIDGE THE GAP
COALspot.com - NTPC to import 16 million tons of imported coal, which is equivalent to 23-24 million tons of Indian coal to bridge the gap.
" ...
Monday, 22 August 11
MACRO ECONOMICS - PETER SAND BIMCO / HELLENIC SHIPPING
The US is jeopardising the global recovery as job creation remains top challenge across the board.
Global economy: While growth in most emerging ...
Sunday, 21 August 11
SUPRAMAX AVAILABILITY WAS TIGHT DUE TO UPCOMING RAMADAN HOLIDAYS
COALspot.com - The financial markets have been in turmoil with all major stock exchanges down and uncertainty prevails. However the shipping market ...
Sunday, 21 August 11
TUAH TURANGGA ACQUIRES DUTA NURCAHYA
Coal miner PT Tuah Turangga Agung, a wholly owned subsidiary of PT United Tractors Tbk (UNTR) via PT Pamapersada Nusantara), has agreed to acquire 6 ...
Friday, 19 August 11
INDIAS CICTL HAS ACHIEVED ONE MILLION TONS OF DISCHARGE
COALspot.com - Chettinad International Coal Terminal (CICTL) in Ennore port, a state of the art mechanized coal terminal, which was inaugurated on 28t ...
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- Metalloyd Limited - United Kingdom
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- Coal and Oil Company - UAE
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- Orica Australia Pty. Ltd.
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- VISA Power Limited - India
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- Economic Council, Georgia
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- Petron Corporation, Philippines
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- Singapore Mercantile Exchange
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- Electricity Authority, New Zealand
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- Indian Oil Corporation Limited
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- Bukit Makmur.PT - Indonesia
- SMC Global Power, Philippines
- Billiton Holdings Pty Ltd - Australia
- Ministry of Finance - Indonesia
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- Vizag Seaport Private Limited - India
- Therma Luzon, Inc, Philippines
- Ministry of Transport, Egypt
- Madhucon Powers Ltd - India
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- Chamber of Mines of South Africa
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- Siam City Cement PLC, Thailand
- The Treasury - Australian Government
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- Bangladesh Power Developement Board
- Australian Commodity Traders Exchange
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- Indonesian Coal Mining Association
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- OPG Power Generation Pvt Ltd - India
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- Merrill Lynch Commodities Europe
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- Agrawal Coal Company - India
- Sindya Power Generating Company Private Ltd
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- Central Java Power - Indonesia
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- Orica Mining Services - Indonesia
- Savvy Resources Ltd - HongKong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Straits Asia Resources Limited - Singapore
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- Sical Logistics Limited - India
- Sojitz Corporation - Japan
- SN Aboitiz Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Bayan Resources Tbk. - Indonesia
- Meenaskhi Energy Private Limited - India
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- Eastern Coal Council - USA
- Parliament of New Zealand
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- Tata Chemicals Ltd - India
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- Leighton Contractors Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
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- Bhoruka Overseas - Indonesia
- The University of Queensland
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- Power Finance Corporation Ltd., India
- Kepco SPC Power Corporation, Philippines
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- Global Coal Blending Company Limited - Australia
- Interocean Group of Companies - India
- Samtan Co., Ltd - South Korea
- Minerals Council of Australia
- Kideco Jaya Agung - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Port Waratah Coal Services - Australia
- Alfred C Toepfer International GmbH - Germany
- Baramulti Group, Indonesia
- Parry Sugars Refinery, India
- TNB Fuel Sdn Bhd - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Anglo American - United Kingdom
- GAC Shipping (India) Pvt Ltd
- White Energy Company Limited
- Romanian Commodities Exchange
- Malabar Cements Ltd - India
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- Sree Jayajothi Cements Limited - India
- Mintek Dendrill Indonesia
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