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Wednesday, 21 October 15
INDONESIAN COAL MINER BUKIT ASAM POSTS POSITIVE PERFORMANCE DURING FIRST THREE QUARTERS OF 2015
 COALspot.com: Indonesian publicly listed and state controlled coal miner PT. Bukit Asam has announced that, the company’s coal sales up 8 per cent during first three quarters of 2015 to 14.35 million tons compared to 13.24 million tons for the same period in 2014.
The company's total export volume rose 5 percent in the first nine months of this year compared to the same period in 2014. According to company's unaudited consolidated financial report per 30 September, the company shipped 6.88 million tons coal during first three quarters of 2015 to overseas market compared to 6.56 million tons of coal for the same period last year.
The company's unaudited report further said that, during the first nine months of 2015, the company has delivered 52 per cent of 14.35 million tons of coal or around 7.46 million tons to domestic market and remaining of 6.88 million tons of coal (48%) shipped to overseas. The company’s domestic coal sales have increased by around 12 per cent, while the export volume increased by around 5% year on year.
According to the company, the world coal prices have fallen around 15% during January to September 2015. However, the company's performance was not affected by falling world coal price as the weighted average selling prices company’s coal during January to September has fallen only around 2 per cent year on year.
PTBA's first nine months' revenue has also increased by 9 percent to RP. 10.50 Trillion or approximately US$ 770,365,050 compared to the same period last year
According to the company, the increase of the coal demand (Y-Y) for export markets as well as for domestic market has helped to increase company’s revenue during January - September 2015. The weighted average selling price during January - September 2015 has fallen only around 2 per cent to RP. 712,099 per ton compared to RP. 728,079 per ton for the same period in 2014.
The company also says that, the net profit of the company has recorded at Rp.1.5 trillion (approximately US$ 109,318,350) as of the end of September (for three quarters) which is slightly lower compared to Rp.1.58 trillion (approximately US$ 115,148,662) recorded for the same period in 2014.The company further noted that, the company’s Q-Q net profit increased significantly since Q1. According to unaudited report, the company’s Q3 net profit has increased 57 per cent to Rp.0.71 trillion, compared to the company’s Q2 net profit of RP. 0.45 trillion.
During this challenging business environment, PTBA able to keep their positive performance for first three quarters of this year.
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Monday, 09 November 15
CFR SOUTH CHINA THERMAL COAL SWAP FOR Q3' 16 CONTRACT DECLINED US$ 4 PER TON
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2016 delivery declined US$ 4.35 (9.03 %) per ton month over month.
A commodity swa ...
Monday, 09 November 15
INDIAN THERMAL COAL IMPORTS SURGED 18%; COKING COAL 6.31% DURING APRIL-OCTOBER: BUSINESS-STANDARD
Indian thermal coal imports surged 18% at the country's top 12 major ports to 55.90 million tonnes (MT) in the first seven months of the curren ...
Sunday, 08 November 15
THE FREIGHT MARKET KEEP DROPPING THIS WEEK - VISTAAR
COALspot.com: The freight market keep dropping this week.
The BDI down 12.48 percent week on week and closed at 631 points on 6 November 2015. ...
Sunday, 08 November 15
CAPESIZE FREIGHT RATES IN AUSTRALIA-CHINA ROUTES OVER 50% CHEAPER THAN BRAZIL-CHINA ROUTE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
China’s mining and steel industries are facing tectonic shifts over the past couple of years, with the country’s limiting of coal use, ...
Friday, 06 November 15
COAL PRODUCTION IN THE U.S. FELL SHARPLY FOR THE WEEK ENDING OCTOBER 31
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 16.6 million shor ...
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- Jindal Steel & Power Ltd - India
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- Alfred C Toepfer International GmbH - Germany
- Mercuria Energy - Indonesia
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Therma Luzon, Inc, Philippines
- Kumho Petrochemical, South Korea
- Sakthi Sugars Limited - India
- Thiess Contractors Indonesia
- Eastern Energy - Thailand
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- Samtan Co., Ltd - South Korea
- Aboitiz Power Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- McConnell Dowell - Australia
- Krishnapatnam Port Company Ltd. - India
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- White Energy Company Limited
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- Chettinad Cement Corporation Ltd - India
- Antam Resourcindo - Indonesia
- TeaM Sual Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Baramulti Group, Indonesia
- Kaltim Prima Coal - Indonesia
- Mjunction Services Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- MS Steel International - UAE
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- South Luzon Thermal Energy Corporation
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- The Treasury - Australian Government
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- Energy Development Corp, Philippines
- Indian Energy Exchange, India
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- Formosa Plastics Group - Taiwan
- Eastern Coal Council - USA
- SMC Global Power, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Economic Council, Georgia
- Bayan Resources Tbk. - Indonesia
- Sree Jayajothi Cements Limited - India
- Electricity Generating Authority of Thailand
- Gujarat Sidhee Cement - India
- Riau Bara Harum - Indonesia
- Dalmia Cement Bharat India
- Cement Manufacturers Association - India
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- Banpu Public Company Limited - Thailand
- Australian Commodity Traders Exchange
- Indian Oil Corporation Limited
- Bangladesh Power Developement Board
- Bharathi Cement Corporation - India
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- Madhucon Powers Ltd - India
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- Semirara Mining Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Indogreen Group - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Lanco Infratech Ltd - India
- SMG Consultants - Indonesia
- Bhatia International Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- GMR Energy Limited - India
- Wood Mackenzie - Singapore
- Chamber of Mines of South Africa
- LBH Netherlands Bv - Netherlands
- Videocon Industries ltd - India
- Sarangani Energy Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- Vedanta Resources Plc - India
- The State Trading Corporation of India Ltd
- Commonwealth Bank - Australia
- European Bulk Services B.V. - Netherlands
- Ceylon Electricity Board - Sri Lanka
- Energy Link Ltd, New Zealand
- PTC India Limited - India
- GAC Shipping (India) Pvt Ltd
- Orica Australia Pty. Ltd.
- Sinarmas Energy and Mining - Indonesia
- Coastal Gujarat Power Limited - India
- IEA Clean Coal Centre - UK
- Planning Commission, India
- New Zealand Coal & Carbon
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercator Lines Limited - India
- Edison Trading Spa - Italy
- ICICI Bank Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Finance - Indonesia
- Bulk Trading Sa - Switzerland
- Leighton Contractors Pty Ltd - Australia
- London Commodity Brokers - England
- Metalloyd Limited - United Kingdom
- Rio Tinto Coal - Australia
- Thai Mozambique Logistica
- Carbofer General Trading SA - India
- Africa Commodities Group - South Africa
- Kapuas Tunggal Persada - Indonesia
- Parliament of New Zealand
- Global Coal Blending Company Limited - Australia
- Goldman Sachs - Singapore
- Singapore Mercantile Exchange
- Star Paper Mills Limited - India
- Ind-Barath Power Infra Limited - India
- Indika Energy - Indonesia
- Parry Sugars Refinery, India
- Malabar Cements Ltd - India
- Ministry of Mines - Canada
- Xindia Steels Limited - India
- CNBM International Corporation - China
- Pendopo Energi Batubara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Oldendorff Carriers - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Uttam Galva Steels Limited - India
- Australian Coal Association
- Global Green Power PLC Corporation, Philippines
- Tamil Nadu electricity Board
- The University of Queensland
- Global Business Power Corporation, Philippines
- Petron Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- ASAPP Information Group - India
- Renaissance Capital - South Africa
- IHS Mccloskey Coal Group - USA
- Posco Energy - South Korea
- SN Aboitiz Power Inc, Philippines
- Mintek Dendrill Indonesia
- Aditya Birla Group - India
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- Price Waterhouse Coopers - Russia
- Vijayanagar Sugar Pvt Ltd - India
- Bhushan Steel Limited - India
- Meralco Power Generation, Philippines
- Port Waratah Coal Services - Australia
- Savvy Resources Ltd - HongKong
- Kalimantan Lumbung Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Minerals Council of Australia
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- Trasteel International SA, Italy
- Pipit Mutiara Jaya. PT, Indonesia
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- Maheswari Brothers Coal Limited - India
- Georgia Ports Authority, United States
- Orica Mining Services - Indonesia
- Borneo Indobara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Romanian Commodities Exchange
- Coal and Oil Company - UAE
- Wilmar Investment Holdings
- Directorate Of Revenue Intelligence - India
- Anglo American - United Kingdom
- Meenaskhi Energy Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Ministry of Transport, Egypt
- San Jose City I Power Corp, Philippines
- Grasim Industreis Ltd - India
- Electricity Authority, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Kobexindo Tractors - Indoneisa
- PowerSource Philippines DevCo
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- International Coal Ventures Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Coalindo Energy - Indonesia
- Siam City Cement - Thailand
- Timah Investasi Mineral - Indoneisa
- Kideco Jaya Agung - Indonesia
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