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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, 08 February 11
BAYAN, KANGAROO EXTEND DUE DILIGENCE
Coal miner controlled by businessman Dato' Low Tuck Kwong PT Bayan Resources Tbk (BYAN) and Australia-listed coal company Kangaroo Resources Limite ...
Tuesday, 08 February 11
DRY BULK: IS THE TIDE TURNING? - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what could be perceived as a change of market sentiment for the better, the dry bulk industry’s benchmark, the Baltic Dry Index (BDI) poste ...
Monday, 07 February 11
THE INDONESIAN COAL REFERENCE PRICE HAS JUMPED 13.03 PERCENT IN FEBRUARY 2011
COALspot.com - Indonesia’s Ministry of Energy and Mineral Resources has set the February 2011 Indonesian Coal Reference Price for therma ...
Monday, 07 February 11
COAL PRICES ON RISE: DEMAND FROM INDIA AND CHINA - ANALYZED SUNIL K KUMBHAT
INDONESIA IS HEART OF ASIAN COAL BOOM
COALspot.com - Rising demand of Coal from India and China, coupled with global financial recovery, is driv ...
Monday, 07 February 11
RICHARDS BAY COAL TERMINAL EXPORTS SURGE, BUOYED BY ECONOMIC DEVELOPMENT IN CHINA AND INDIA
COALspot.com - Richards Bay Coal Terminal (RBCT) announced today that 2010 exports have exceeded the last two years’ performance, said in a re ...
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- SMC Global Power, Philippines
- Karaikal Port Pvt Ltd - India
- Ministry of Mines - Canada
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Ambuja Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- Electricity Generating Authority of Thailand
- Central Java Power - Indonesia
- White Energy Company Limited
- Formosa Plastics Group - Taiwan
- Power Finance Corporation Ltd., India
- Barasentosa Lestari - Indonesia
- Ministry of Finance - Indonesia
- ICICI Bank Limited - India
- Aditya Birla Group - India
- Trasteel International SA, Italy
- Posco Energy - South Korea
- SMG Consultants - Indonesia
- Samtan Co., Ltd - South Korea
- IHS Mccloskey Coal Group - USA
- Kartika Selabumi Mining - Indonesia
- The Treasury - Australian Government
- Sinarmas Energy and Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bharathi Cement Corporation - India
- CIMB Investment Bank - Malaysia
- Bulk Trading Sa - Switzerland
- Essar Steel Hazira Ltd - India
- Eastern Coal Council - USA
- Sindya Power Generating Company Private Ltd
- Independent Power Producers Association of India
- Commonwealth Bank - Australia
- Australian Coal Association
- Mercuria Energy - Indonesia
- Uttam Galva Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Leighton Contractors Pty Ltd - Australia
- Parry Sugars Refinery, India
- Mintek Dendrill Indonesia
- Malabar Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Jaiprakash Power Ventures ltd
- Merrill Lynch Commodities Europe
- Economic Council, Georgia
- Indika Energy - Indonesia
- Latin American Coal - Colombia
- Gujarat Mineral Development Corp Ltd - India
- Indonesian Coal Mining Association
- Mercator Lines Limited - India
- Mjunction Services Limited - India
- Dalmia Cement Bharat India
- Eastern Energy - Thailand
- Kapuas Tunggal Persada - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Sakthi Sugars Limited - India
- Agrawal Coal Company - India
- Makarim & Taira - Indonesia
- CNBM International Corporation - China
- Indian Oil Corporation Limited
- Orica Mining Services - Indonesia
- Singapore Mercantile Exchange
- Neyveli Lignite Corporation Ltd, - India
- Star Paper Mills Limited - India
- Lanco Infratech Ltd - India
- Xindia Steels Limited - India
- Wilmar Investment Holdings
- South Luzon Thermal Energy Corporation
- GVK Power & Infra Limited - India
- Port Waratah Coal Services - Australia
- Carbofer General Trading SA - India
- Medco Energi Mining Internasional
- PNOC Exploration Corporation - Philippines
- Larsen & Toubro Limited - India
- Kobexindo Tractors - Indoneisa
- TeaM Sual Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Interocean Group of Companies - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Business Power Corporation, Philippines
- Planning Commission, India
- Global Green Power PLC Corporation, Philippines
- London Commodity Brokers - England
- Semirara Mining and Power Corporation, Philippines
- New Zealand Coal & Carbon
- Bank of Tokyo Mitsubishi UFJ Ltd
- PowerSource Philippines DevCo
- Bhushan Steel Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Manunggal Multi Energi - Indonesia
- Energy Link Ltd, New Zealand
- Bhatia International Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- Jindal Steel & Power Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Coalindo Energy - Indonesia
- Vizag Seaport Private Limited - India
- Toyota Tsusho Corporation, Japan
- Semirara Mining Corp, Philippines
- Gujarat Sidhee Cement - India
- Petron Corporation, Philippines
- McConnell Dowell - Australia
- Oldendorff Carriers - Singapore
- Thai Mozambique Logistica
- Meralco Power Generation, Philippines
- Aboitiz Power Corporation - Philippines
- Cement Manufacturers Association - India
- AsiaOL BioFuels Corp., Philippines
- Price Waterhouse Coopers - Russia
- ASAPP Information Group - India
- Bangladesh Power Developement Board
- Therma Luzon, Inc, Philippines
- Tata Chemicals Ltd - India
- Borneo Indobara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Baramulti Group, Indonesia
- San Jose City I Power Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Electricity Authority, New Zealand
- India Bulls Power Limited - India
- Deloitte Consulting - India
- Kepco SPC Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Indian Energy Exchange, India
- Ministry of Transport, Egypt
- Altura Mining Limited, Indonesia
- Siam City Cement - Thailand
- Edison Trading Spa - Italy
- Savvy Resources Ltd - HongKong
- Siam City Cement PLC, Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Sojitz Corporation - Japan
- Simpson Spence & Young - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- Renaissance Capital - South Africa
- Heidelberg Cement - Germany
- Maheswari Brothers Coal Limited - India
- Pendopo Energi Batubara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Attock Cement Pakistan Limited
- Vijayanagar Sugar Pvt Ltd - India
- Goldman Sachs - Singapore
- Videocon Industries ltd - India
- Sical Logistics Limited - India
- Kaltim Prima Coal - Indonesia
- Africa Commodities Group - South Africa
- Sree Jayajothi Cements Limited - India
- Rashtriya Ispat Nigam Limited - India
- Central Electricity Authority - India
- Romanian Commodities Exchange
- Chettinad Cement Corporation Ltd - India
- Australian Commodity Traders Exchange
- Bhoruka Overseas - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- IEA Clean Coal Centre - UK
- Straits Asia Resources Limited - Singapore
- PTC India Limited - India
- Georgia Ports Authority, United States
- The State Trading Corporation of India Ltd
- Marubeni Corporation - India
- Coastal Gujarat Power Limited - India
- Riau Bara Harum - Indonesia
- Parliament of New Zealand
- Kumho Petrochemical, South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coal and Oil Company - UAE
- Sarangani Energy Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Metalloyd Limited - United Kingdom
- Thiess Contractors Indonesia
- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
- Iligan Light & Power Inc, Philippines
- Tamil Nadu electricity Board
- Salva Resources Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- MS Steel International - UAE
- Bukit Baiduri Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Anglo American - United Kingdom
- Standard Chartered Bank - UAE
- Intertek Mineral Services - Indonesia
- The University of Queensland
- GN Power Mariveles Coal Plant, Philippines
- Vedanta Resources Plc - India
- Grasim Industreis Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Cigading International Bulk Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- OPG Power Generation Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Indo Tambangraya Megah - Indonesia
- VISA Power Limited - India
- Minerals Council of Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chamber of Mines of South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Wood Mackenzie - Singapore
- Orica Australia Pty. Ltd.
- Kideco Jaya Agung - Indonesia
- GMR Energy Limited - India
- Gujarat Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Jorong Barutama Greston.PT - Indonesia
- Indogreen Group - Indonesia
- Banpu Public Company Limited - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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