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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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Tuesday, 12 July 11
DRY BULK MARKET BEGINS WEEK ON RETREAT MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As was evident by the end of the previous week, the dry bulk market’s growth momentum was about to lose steam, something proven yesterday, whe ...
Monday, 11 July 11
REFLECTIONS ON THE FLEET REACHING ONE BILLION TONNES - CLARKSONS / HELLENIC SHIPPING
“A billion gross tonnes of shipping” has a nice ring to it. It presents the industry as a business of substance, with its 85,000 ships w ...
Sunday, 10 July 11
UNTR PROVIDES US$100 MIO TO TTA - INSIDER STORIES
PT United Tractors Tbk (UNTR) agreed to allocate US$100 million to its coal subsidiary dubbed PT Tuah Turangga Agung (TTA).The US$100 million was pa ...
Sunday, 10 July 11
HARDLY ANY CARGO FROM WC INDIA UNTIL END OF MONSOONS - VISTAAR
COALspot.com - The BDI continued to hold last week and firmed up by 27 points with cape and panama index supporting the BDI.
The BDI closed at 1, ...
Sunday, 10 July 11
PTBA INCREASES SHARES IN COAL TRAIN PROJECT - TEMPO INTERACTIVE
TEMPO Interactive reported that, PT Tambang Batubara Bukit Asam (PTBA) is still studying the plan to buy 20 percent of shares in the PT Bukit Asam T ...
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- PetroVietnam Power Coal Import and Supply Company
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- Trasteel International SA, Italy
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- Formosa Plastics Group - Taiwan
- CIMB Investment Bank - Malaysia
- Heidelberg Cement - Germany
- GVK Power & Infra Limited - India
- Riau Bara Harum - Indonesia
- Ambuja Cements Ltd - India
- The University of Queensland
- SN Aboitiz Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Eastern Coal Council - USA
- New Zealand Coal & Carbon
- TNB Fuel Sdn Bhd - Malaysia
- Mintek Dendrill Indonesia
- Aditya Birla Group - India
- Interocean Group of Companies - India
- Kideco Jaya Agung - Indonesia
- Bharathi Cement Corporation - India
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- Bukit Baiduri Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Marubeni Corporation - India
- Bangladesh Power Developement Board
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- Merrill Lynch Commodities Europe
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- Meralco Power Generation, Philippines
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- Aboitiz Power Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
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- Star Paper Mills Limited - India
- ICICI Bank Limited - India
- Medco Energi Mining Internasional
- Agrawal Coal Company - India
- Jaiprakash Power Ventures ltd
- Rio Tinto Coal - Australia
- Dalmia Cement Bharat India
- Miang Besar Coal Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Tamil Nadu electricity Board
- TeaM Sual Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Edison Trading Spa - Italy
- Ceylon Electricity Board - Sri Lanka
- Cement Manufacturers Association - India
- Central Java Power - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Salva Resources Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Finance - Indonesia
- Larsen & Toubro Limited - India
- Gujarat Sidhee Cement - India
- Maharashtra Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Africa Commodities Group - South Africa
- Tata Chemicals Ltd - India
- Vizag Seaport Private Limited - India
- Coal and Oil Company - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PTC India Limited - India
- Sojitz Corporation - Japan
- Banpu Public Company Limited - Thailand
- PowerSource Philippines DevCo
- Parliament of New Zealand
- Kaltim Prima Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- The Treasury - Australian Government
- Uttam Galva Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Makmur.PT - Indonesia
- Bhatia International Limited - India
- Bulk Trading Sa - Switzerland
- Minerals Council of Australia
- ASAPP Information Group - India
- Global Business Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Siam City Cement PLC, Thailand
- Madhucon Powers Ltd - India
- Power Finance Corporation Ltd., India
- SMC Global Power, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- OPG Power Generation Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Kartika Selabumi Mining - Indonesia
- Attock Cement Pakistan Limited
- Energy Link Ltd, New Zealand
- Simpson Spence & Young - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Standard Chartered Bank - UAE
- Indo Tambangraya Megah - Indonesia
- South Luzon Thermal Energy Corporation
- Karbindo Abesyapradhi - Indoneisa
- Therma Luzon, Inc, Philippines
- Samtan Co., Ltd - South Korea
- White Energy Company Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Georgia Ports Authority, United States
- Gujarat Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Central Electricity Authority - India
- Australian Commodity Traders Exchange
- Energy Development Corp, Philippines
- Orica Australia Pty. Ltd.
- Global Green Power PLC Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Videocon Industries ltd - India
- Carbofer General Trading SA - India
- Siam City Cement - Thailand
- Indonesian Coal Mining Association
- Kapuas Tunggal Persada - Indonesia
- Altura Mining Limited, Indonesia
- Mercuria Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Kumho Petrochemical, South Korea
- Bhoruka Overseas - Indonesia
- McConnell Dowell - Australia
- Bhushan Steel Limited - India
- Holcim Trading Pte Ltd - Singapore
- Romanian Commodities Exchange
- Antam Resourcindo - Indonesia
- Economic Council, Georgia
- Latin American Coal - Colombia
- Rashtriya Ispat Nigam Limited - India
- India Bulls Power Limited - India
- Orica Mining Services - Indonesia
- Xindia Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Sindya Power Generating Company Private Ltd
- Straits Asia Resources Limited - Singapore
- Toyota Tsusho Corporation, Japan
- CNBM International Corporation - China
- Karaikal Port Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- San Jose City I Power Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mjunction Services Limited - India
- European Bulk Services B.V. - Netherlands
- Kepco SPC Power Corporation, Philippines
- Posco Energy - South Korea
- Grasim Industreis Ltd - India
- GMR Energy Limited - India
- Wilmar Investment Holdings
- Bayan Resources Tbk. - Indonesia
- Renaissance Capital - South Africa
- Electricity Generating Authority of Thailand
- Billiton Holdings Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Kobexindo Tractors - Indoneisa
- Petron Corporation, Philippines
- SMG Consultants - Indonesia
- Electricity Authority, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Ministry of Transport, Egypt
- AsiaOL BioFuels Corp., Philippines
- Sree Jayajothi Cements Limited - India
- Meenaskhi Energy Private Limited - India
- VISA Power Limited - India
- Baramulti Group, Indonesia
- Wood Mackenzie - Singapore
- Parry Sugars Refinery, India
- Independent Power Producers Association of India
- Sakthi Sugars Limited - India
- Sical Logistics Limited - India
- MS Steel International - UAE
- Jorong Barutama Greston.PT - Indonesia
- Chettinad Cement Corporation Ltd - India
- PNOC Exploration Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Mercator Lines Limited - India
- Borneo Indobara - Indonesia
- LBH Netherlands Bv - Netherlands
- Coalindo Energy - Indonesia
- Oldendorff Carriers - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Mines - Canada
- GN Power Mariveles Coal Plant, Philippines
- Planning Commission, India
- Australian Coal Association
- Indian Energy Exchange, India
- Eastern Energy - Thailand
- Chamber of Mines of South Africa
- Deloitte Consulting - India
- Directorate General of MIneral and Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Anglo American - United Kingdom
- Vedanta Resources Plc - India
- Sinarmas Energy and Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- Jindal Steel & Power Ltd - India
- Metalloyd Limited - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Singapore Mercantile Exchange
- The State Trading Corporation of India Ltd
- GAC Shipping (India) Pvt Ltd
- Commonwealth Bank - Australia
- Indian Oil Corporation Limited
- International Coal Ventures Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
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