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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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Thursday, 19 May 11
OVERSUPPLY, VERY LARGE ORE CARRIERS EAT UP ON DRY BULK FREIGHT RATES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After a brief upward momentum which ended early last week, the Baltic Dry Index, the dry bulk market’s benchmark has returned to its usual pat ...
Wednesday, 18 May 11
THE US COAL INDUSTRY LOGGED EXPORTS OF AROUND 25M TONNES IN 1Q OF 2011 - BRS
Another slow decline in the bulk markets this week, with the BCI losing the most at nearly 5%, the BPI 2.8% and the smaller sizes sub-1% amounts. Th ...
Wednesday, 18 May 11
AKR AIMS TO SELL COAL WORTH RP216 BILLION - PAPER
Bisnis Indonesia, an Indonesia's one of the leading business paper reported that, PT AKR Corporindo Tbk has targeted coal sales valued at Rp216 bil ...
Wednesday, 18 May 11
OVERHAUL OF MINING LAW MAY DETER INVESTMENT, S&P SAYS - THE JAKARTA GLOBE
The Jakarta Globe, an Indonesian English language news paper reported that, A report by Standard & Poor’s Ratings Services that a regulatory ...
Tuesday, 17 May 11
DRY BULK MARKET ENTERS WEEK ON WEAK MODE - HELLENIC SHIPPING
In yet another sign of softening freight rates for dry bulk carriers and oversupply issues, the dry bulk market entered this week on a downward path ...
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- Vedanta Resources Plc - India
- Energy Development Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dalmia Cement Bharat India
- Price Waterhouse Coopers - Russia
- Oldendorff Carriers - Singapore
- Leighton Contractors Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Georgia Ports Authority, United States
- Sical Logistics Limited - India
- Karaikal Port Pvt Ltd - India
- Minerals Council of Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Finance - Indonesia
- Deloitte Consulting - India
- Bharathi Cement Corporation - India
- Indika Energy - Indonesia
- Commonwealth Bank - Australia
- Larsen & Toubro Limited - India
- Ministry of Mines - Canada
- Meenaskhi Energy Private Limited - India
- Eastern Energy - Thailand
- AsiaOL BioFuels Corp., Philippines
- Kepco SPC Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
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- Jaiprakash Power Ventures ltd
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- Therma Luzon, Inc, Philippines
- SMG Consultants - Indonesia
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- Altura Mining Limited, Indonesia
- Mjunction Services Limited - India
- Global Business Power Corporation, Philippines
- Central Electricity Authority - India
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- Indian Oil Corporation Limited
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- Medco Energi Mining Internasional
- PNOC Exploration Corporation - Philippines
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- Bayan Resources Tbk. - Indonesia
- Meralco Power Generation, Philippines
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- Latin American Coal - Colombia
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- Carbofer General Trading SA - India
- New Zealand Coal & Carbon
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- Toyota Tsusho Corporation, Japan
- Orica Australia Pty. Ltd.
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- GMR Energy Limited - India
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- Indonesian Coal Mining Association
- Electricity Authority, New Zealand
- International Coal Ventures Pvt Ltd - India
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- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining and Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Bhatia International Limited - India
- Sindya Power Generating Company Private Ltd
- Jindal Steel & Power Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Riau Bara Harum - Indonesia
- Malabar Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
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- Attock Cement Pakistan Limited
- MS Steel International - UAE
- Siam City Cement PLC, Thailand
- Coastal Gujarat Power Limited - India
- Bhoruka Overseas - Indonesia
- Straits Asia Resources Limited - Singapore
- TeaM Sual Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Standard Chartered Bank - UAE
- Mercator Lines Limited - India
- Xindia Steels Limited - India
- CIMB Investment Bank - Malaysia
- Wilmar Investment Holdings
- VISA Power Limited - India
- Mercuria Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Coalindo Energy - Indonesia
- Bangladesh Power Developement Board
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- Bahari Cakrawala Sebuku - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Indian Energy Exchange, India
- Pipit Mutiara Jaya. PT, Indonesia
- Videocon Industries ltd - India
- Antam Resourcindo - Indonesia
- Essar Steel Hazira Ltd - India
- Lanco Infratech Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Directorate Of Revenue Intelligence - India
- Singapore Mercantile Exchange
- Uttam Galva Steels Limited - India
- IEA Clean Coal Centre - UK
- SN Aboitiz Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Interocean Group of Companies - India
- PowerSource Philippines DevCo
- Edison Trading Spa - Italy
- European Bulk Services B.V. - Netherlands
- The State Trading Corporation of India Ltd
- Semirara Mining Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Bulk Trading Sa - Switzerland
- GVK Power & Infra Limited - India
- ICICI Bank Limited - India
- Cigading International Bulk Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- London Commodity Brokers - England
- Planning Commission, India
- Simpson Spence & Young - Indonesia
- Vizag Seaport Private Limited - India
- Power Finance Corporation Ltd., India
- Chamber of Mines of South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thai Mozambique Logistica
- Australian Commodity Traders Exchange
- Romanian Commodities Exchange
- Pendopo Energi Batubara - Indonesia
- Agrawal Coal Company - India
- Star Paper Mills Limited - India
- Borneo Indobara - Indonesia
- Manunggal Multi Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kobexindo Tractors - Indoneisa
- Indogreen Group - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thiess Contractors Indonesia
- Sarangani Energy Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Rashtriya Ispat Nigam Limited - India
- Sojitz Corporation - Japan
- San Jose City I Power Corp, Philippines
- Aditya Birla Group - India
- Independent Power Producers Association of India
- Kalimantan Lumbung Energi - Indonesia
- Wood Mackenzie - Singapore
- India Bulls Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- PTC India Limited - India
- Australian Coal Association
- South Luzon Thermal Energy Corporation
- Coal and Oil Company - UAE
- Madhucon Powers Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- McConnell Dowell - Australia
- Economic Council, Georgia
- ASAPP Information Group - India
- Karbindo Abesyapradhi - Indoneisa
- The University of Queensland
- Petron Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Makarim & Taira - Indonesia
- LBH Netherlands Bv - Netherlands
- Tamil Nadu electricity Board
- Tata Chemicals Ltd - India
- Parliament of New Zealand
- GAC Shipping (India) Pvt Ltd
- Krishnapatnam Port Company Ltd. - India
- Electricity Generating Authority of Thailand
- Heidelberg Cement - Germany
- Gujarat Mineral Development Corp Ltd - India
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- Global Green Power PLC Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Ministry of Transport, Egypt
- CNBM International Corporation - China
- Sakthi Sugars Limited - India
- Trasteel International SA, Italy
- Chettinad Cement Corporation Ltd - India
- Global Coal Blending Company Limited - Australia
- Intertek Mineral Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- White Energy Company Limited
- Aboitiz Power Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Marubeni Corporation - India
- Metalloyd Limited - United Kingdom
- Gujarat Sidhee Cement - India
- Binh Thuan Hamico - Vietnam
- Parry Sugars Refinery, India
- Eastern Coal Council - USA
- Savvy Resources Ltd - HongKong
- Bukit Baiduri Energy - Indonesia
- Goldman Sachs - Singapore
- Merrill Lynch Commodities Europe
- Bhushan Steel Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ambuja Cements Ltd - India
- Posco Energy - South Korea
- Mintek Dendrill Indonesia
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