COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Saturday, 10 October 09
PT BUMI RESOURCES TO EXPECT 2010 ELECTRIC AND COAL PRICE UP TO US$ 100/T


Indonesia coal producer, PT Bumi Resources recently stated that the revival of the global economy pushes up the demand from power plants and steel manufacturers, the electric and coal price in 2010 may rise by over 40%.

Dileep Srivastava, senior deputy chief executive officer of PT Bumi Resources investors' relationship noted that due to the recovering Asian economy and increasing investment in coal industry, Japan power plants may raise the steam coal price in the fourth quarter of 2010 to around US$100 per ton.

Dileep Srivastava expressed on October 9 in Singapore that the coal demand from China, India and Indonesia will maintain the price higher, however, the demand from the developed countries will continue stay normal.

PT Bumi Resources estimated that the average price of coal mines excluding the freight and other charges is US$61-62 per ton, while the price in 2008 was US$73.30 per ton.

Srivatsava said that the recovering steel demand may tie down the heat energy coal supply and boost the price.

According to the report on October 6, because the global crude steel production in 2010 will climb by 12% to 1.4bln tons setting a record, the hard coking coal price may soar to US$180 per ton from the previous expectation's US$155 per ton.

Srivastava added that PT Bumi Resources plans to increase the coal exports to China and India in 2012 and its production will hike to 100mln tons from last year's 53mln tons, 20% of output to be exported to China and India.
Source: Alibaba



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Monday, 05 October 09
SOUTH AFRICAN COAL RISES ON INDIAN BUYING, DOMESTIC DEMAND
Bloomberg reported that, Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the f ...


Monday, 05 October 09
BANPU EYES INCREASE IN COAL OUTPUT
The Nation reported that, Banpu plans to boost its coal output to 23 million tonnes next year once production begins at the East Block of its Indomi ...


Monday, 05 October 09
COAL TRADING C&O TO INVEST $100 M NEXT YEAR
The Jakarta Post reported that, Coal and Oil (C&0) Group of India plans to invest up to US$100 million in Indonesia next year to acquire coal mi ...


Sunday, 04 October 09
INDONESIAN COAL EXCHANGE FOR PRICE BENCHMARKING IN OFFING
Reuters cited Mr Bob Kamandanu chairman of the Indonesian Coal Producers Association as saying that Indonesia plans to set up a coal exchange to cre ...


Sunday, 04 October 09
GRASIM TO CONSOLIDATE CEMENT BIZ
The Statesman reported that, India's largest cement producer Aditya Birla group today said it would consolidate its cement businesses by merging Gr ...


   1274 1275 1276 1277 1278   
Showing 6376 to 6380 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Kohat Cement Company Ltd. - Pakistan
  • Tamil Nadu electricity Board
  • Independent Power Producers Association of India
  • CIMB Investment Bank - Malaysia
  • Mechel - Russia
  • World Coal - UK
  • International Coal Ventures Pvt Ltd - India
  • Fearnleys - India
  • Kumho Petrochemical, South Korea
  • PLN - Indonesia
  • VISA Power Limited - India
  • Formosa Plastics Group - Taiwan
  • KEPCO - South Korea
  • Indian Energy Exchange, India
  • Orica Mining Services - Indonesia
  • SGS (Thailand) Limited
  • Vijayanagar Sugar Pvt Ltd - India
  • Agrawal Coal Company - India
  • Kobexindo Tractors - Indoneisa
  • Ambuja Cements Ltd - India
  • globalCOAL - UK
  • PLN Batubara - Indonesia
  • Chettinad Cement Corporation Ltd - India
  • Adani Power Ltd - India
  • Energy Development Corp, Philippines
  • Global Coal Blending Company Limited - Australia
  • Russian Coal LLC
  • London Commodity Brokers - England
  • Tata Power - India
  • Bhoruka Overseas - Indonesia
  • White Energy Company Limited
  • Xstrata Coal
  • Ministry of Finance - Indonesia
  • Arutmin Indonesia
  • Wood Mackenzie - Singapore
  • CoalTek, United States
  • Xindia Steels Limited - India
  • Rudhra Energy - India
  • Runge Indonesia
  • Globalindo Alam Lestari - Indonesia
  • Meenaskhi Energy Private Limited - India
  • Shenhua Group - China
  • Singapore Mercantile Exchange
  • Malco - India
  • Malabar Cements Ltd - India
  • Coal India Limited
  • Britmindo - Indonesia
  • Chamber of Mines of South Africa
  • World Bank
  • ANZ Bank - Australia
  • Commonwealth Bank - Australia
  • Pinang Coal Indonesia
  • GVK Power & Infra Limited - India
  • Makarim & Taira - Indonesia
  • Siam City Cement PLC, Thailand
  • Global Business Power Corporation, Philippines
  • Madhucon Powers Ltd - India
  • Interocean Group of Companies - India
  • Salva Resources Pvt Ltd - India
  • RBS Sempra - UK
  • Orica Australia Pty. Ltd.
  • BNP Paribas - Singapore
  • PetroVietnam
  • Deutsche Bank - India
  • Australian Coal Association
  • PNOC Exploration Corporation - Philippines
  • Ernst & Young Pvt. Ltd.
  • Manunggal Multi Energi - Indonesia
  • The India Cements Ltd
  • SMG Consultants - Indonesia
  • Therma Luzon, Inc, Philippines
  • Heidelberg Cement - Germany
  • New Zealand Coal & Carbon
  • Mitsui
  • Oldendorff Carriers - Singapore
  • BRS Brokers - Singapore
  • MS Steel International - UAE
  • KPCL - India
  • Kaltim Prima Coal - Indonesia
  • GNFC Limited - India
  • Electricity Generating Authority of Thailand
  • Georgia Ports Authority, United States
  • Central Electricity Authority - India
  • Essar Steel Hazira Ltd - India
  • Leighton Contractors Pty Ltd - Australia
  • ING Bank NV - Singapore
  • Power Finance Corporation Ltd., India
  • Pendopo Energi Batubara - Indonesia
  • Tanito Harum - Indonesia
  • Carbofer General Trading SA - India
  • Intertek Mineral Services - Indonesia
  • ICICI Bank Limited - India
  • Price Waterhouse Coopers - Russia
  • Larsen & Toubro Limited - India
  • Bank of America
  • Humpuss - Indonesia
  • Cardiff University - UK
  • TNPL - India
  • CESC Limited - India
  • Platts
  • WorleyParsons
  • Banpu Public Company Limited - Thailand
  • Coeclerici Indonesia
  • NALCO India
  • Freeport Indonesia
  • Arch Coal - USA
  • GMR Energy Limited - India
  • Bulk Trading Sa - Switzerland
  • Jatenergy - Australia
  • The Treasury - Australian Government
  • Savvy Resources Ltd - HongKong
  • Lafarge - France
  • Goldman Sachs - Singapore
  • IOL Indonesia
  • APGENCO India
  • Cemex - Philippines
  • GB Group - China
  • Sree Jayajothi Cements Limited - India
  • JPMorgan - India
  • Mercuria Energy - Indonesia
  • Karaikal Port Pvt Ltd - India
  • Total Coal South Africa
  • OPG Power Generation Pvt Ltd - India
  • Indian Oil Corporation Limited
  • Semirara Mining Corp, Philippines
  • Medco Energi Mining Internasional
  • Timah Investasi Mineral - Indoneisa
  • Africa Commodities Group - South Africa
  • Mintek Dendrill Indonesia
  • UOB Asia (HK) Ltd
  • Asian Development Bank
  • Miang Besar Coal Terminal - Indonesia
  • Star Paper Mills Limited - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Thriveni
  • Vizag Seaport Private Limited - India
  • Cebu Energy, Philippines
  • SN Aboitiz Power Inc, Philippines
  • LBH Netherlands Bv - Netherlands
  • ETA - Dubai
  • Kapuas Tunggal Persada - Indonesia
  • IMC Shipping - Singapore
  • Inco-Indonesia
  • MEC Coal - Indonesia
  • McKinsey & Co - India
  • Reliance Power - India
  • Glencore India Pvt. Ltd
  • Thailand Anthracite
  • SUEK AG - Indonesia
  • Parliament of New Zealand
  • Inspectorate - India
  • Merrill Lynch Bank
  • Cargill India Pvt Ltd
  • EIA - United States
  • Cigading International Bulk Terminal - Indonesia
  • ACC Limited - India
  • TRAFIGURA, South Korea
  • Thai Mozambique Logistica
  • PTC India Limited - India
  • Jaiprakash Power Ventures ltd
  • Mitsubishi Corporation
  • GAC Shipping (India) Pvt Ltd
  • Japan Coal Energy Center
  • Attock Cement Pakistan Limited
  • Infraline Energy - India
  • Noble Europe Ltd - UK
  • Australian Commodity Traders Exchange
  • Central Java Power - Indonesia
  • The State Trading Corporation of India Ltd
  • Maybank - Singapore
  • Eastern Energy - Thailand
  • Siam City Cement - Thailand
  • Bhushan Steel Limited - India
  • GHCL Limited - India
  • DBS Bank - Singapore
  • PowerSource Philippines DevCo
  • Bukit Asam (Persero) Tbk - Indonesia
  • ASAPP Information Group - India
  • Vitol - Bahrain
  • Gresik Semen - Indonesia
  • Moodys - Singapore
  • TANGEDCO India
  • Semirara Mining and Power Corporation, Philippines
  • TGV SRAAC LIMITED, India
  • Ind-Barath Power Infra Limited - India
  • Shree Cement - India
  • CNBM International Corporation - China
  • bp singapore
  • TeaM Sual Corporation - Philippines
  • HSBC - Hong Kong
  • Bayan Resources Tbk. - Indonesia
  • Indo Tambangraya Megah - Indonesia
  • Parry Sugars Refinery, India
  • Coal and Oil Company - UAE
  • Ministry of Mines - Canada
  • Indonesia Power. PT
  • Anglo American - United Kingdom
  • Enel Italy
  • Maersk Broker
  • San Jose City I Power Corp, Philippines
  • CCIC - Indonesia
  • Economic Council, Georgia
  • Maheswari Brothers Coal Limited - India
  • Straits Asia Resources Limited - Singapore
  • Borneo Indobara - Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • Bukit Makmur.PT - Indonesia
  • SASOL - South Africa
  • Bharathi Cement Corporation - India
  • Dalmia Cement Bharat India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Mitra SK Pvt Ltd - India
  • Vale Mozambique
  • Jindal Steel & Power Ltd - India
  • NTPC Limited - India
  • Baramulti Group, Indonesia
  • UBS Singapore
  • OCBC - Singapore
  • Kalimantan Lumbung Energi - Indonesia
  • Gujarat Sidhee Cement - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Toyota Tsusho Corporation, Japan
  • Sucofindo - Indonesia
  • Riau Bara Harum - Indonesia
  • Sindya Power Generating Company Private Ltd
  • Rashtriya Ispat Nigam Limited - India
  • Argus Media - Singapore
  • Berau Coal - Indonesia
  • IEA Clean Coal Centre - UK
  • IHS Mccloskey Coal Group - USA
  • Binh Thuan Hamico - Vietnam
  • Ceylon Electricity Board - Sri Lanka
  • SRK Consulting
  • Lanco Infratech Ltd - India
  • Alfred C Toepfer International GmbH - Germany
  • Asia Cement - Taiwan
  • Planning Commission, India
  • Krishnapatnam Port Company Ltd. - India
  • European Bulk Services B.V. - Netherlands
  • Neyveli Lignite Corporation Ltd, - India
  • KPMG - USA
  • Gujarat Mineral Development Corp Ltd - India
  • Barasentosa Lestari - Indonesia
  • Indogreen Group - Indonesia
  • TNB Fuel Sdn Bhd - Malaysia
  • India Bulls Power Limited - India
  • Merrill Lynch Commodities Europe
  • Directorate General of MIneral and Coal - Indonesia
  • Tata Chemicals Ltd - India
  • Maruti Cements - India
  • Samsung - South Korea
  • Platou - Singapore
  • Antam Resourcindo - Indonesia
  • Clarksons - UK
  • Mercator Lines Limited - India
  • Coal Orbis AG
  • Ministry of Transport, Egypt
  • Permata Bank - Indonesia
  • Meralco Power Generation, Philippines
  • Cosco
  • Altura Mining Limited, Indonesia
  • Deloitte Consulting - India
  • The University of Queensland
  • Global Green Power PLC Corporation, Philippines
  • Uttam Galva Steels Limited - India
  • Simpson Spence & Young - Indonesia
  • Kartika Selabumi Mining - Indonesia
  • Energy Link Ltd, New Zealand
  • Bukit Baiduri Energy - Indonesia
  • Thiess Contractors Indonesia
  • Bank of China, Malaysia
  • Surastha Cement
  • Aboitiz Power Corporation - Philippines
  • Petron Corporation, Philippines
  • Kobe Steel Ltd - Japan
  • Renaissance Capital - South Africa
  • Coastal Gujarat Power Limited - India
  • Kepco SPC Power Corporation, Philippines
  • Bangladesh Power Developement Board
  • Rio Tinto Coal - Australia
  • Iligan Light & Power Inc, Philippines
  • Core Mineral Indonesia
  • Posco Energy - South Korea
  • GN Power Mariveles Coal Plant, Philippines
  • Holcim Trading Pte Ltd - Singapore
  • Trasteel International SA, Italy
  • Qatrana Cement - Jordan
  • EMO - The Netherlands
  • Eastern Coal Council - USA
  • Standard Chartered Bank - UAE
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • IBC Asia (S) Pte Ltd
  • Vedanta Resources Plc - India
  • Petrosea - Indonesia
  • Sarangani Energy Corporation, Philippines
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Adaro Indonesia
  • Sical Logistics Limited - India
  • Gujarat Electricity Regulatory Commission - India
  • Kideco Jaya Agung - Indonesia
  • KOWEPO - South Korea
  • Metalloyd Limited - United Kingdom
  • Thermax Limited - India
  • Indika Energy - Indonesia
  • Wilmar Investment Holdings
  • Peabody Energy - USA
  • PetroVietnam Power Coal Import and Supply Company
  • Credit Suisse - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Idemitsu - Japan
  • Directorate Of Revenue Intelligence - India
  • Marubeni Corporation - India
  • Sakthi Sugars Limited - India
  • J M Baxi & Co - India
  • Videocon Industries ltd - India
  • Sojitz Corporation - Japan
  • Electricity Authority, New Zealand
  • SMC Global Power, Philippines
  • Barclays Capital - USA
  • McConnell Dowell - Australia
  • U S Energy Resources
  • AsiaOL BioFuels Corp., Philippines
  • Romanian Commodities Exchange
  • Indorama - Singapore
  • Edison Trading Spa - Italy
  • Latin American Coal - Colombia
  • Indian School of Mines
  • Minerals Council of Australia
  • Cement Manufacturers Association - India
  • Maharashtra Electricity Regulatory Commission - India
  • Bahari Cakrawala Sebuku - Indonesia
  • Samtan Co., Ltd - South Korea
  • Grasim Industreis Ltd - India
  • Asmin Koalindo Tuhup - Indonesia
  • Thomson Reuters GRC
  • South Luzon Thermal Energy Corporation
  • Bhatia International Limited - India
  • Jorong Barutama Greston.PT - Indonesia
  • Bangkok Bank PCL
  • Panama Canal Authority
  • Ince & co LLP
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Port Waratah Coal Services - Australia
  • Sinarmas Energy and Mining - Indonesia
  • Aditya Birla Group - India
  • Geoservices-GeoAssay Lab
  • Coalindo Energy - Indonesia
  • Coaltrans Conferences
  • Indonesian Coal Mining Association
  • Mjunction Services Limited - India
  • Billiton Holdings Pty Ltd - Australia
  • JPower - Japan
  • Petrochimia International Co. Ltd.- Taiwan
  • Gupta Coal India Ltd