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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$155 per ton.
Srivastava added that PT Bumi Resources plans to increase the coal exports to China and India in 2012 and its production will hike to 100mln tons from last year's 53mln tons, 20% of output to be exported to China and India.
Source: Alibaba
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Sunday, 04 October 09
GOVT THREATENS TO CANCEL COAL BLOCK ALLOTTED TO BINANI CEMENT
Economic Times reported that, The government has threatened to cancel a coal block allocated for captive use to Binani Cement saying the company see ...
Saturday, 03 October 09
SHORT PERIOD RATES FOR SUPRAMAX WAS AROUND US$ 17,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - VISTAAR
COALspot.com (Singapore): The BDI firmed up this week by almost 8 pct to 2,357 points , the main reason being jump in Cape size index by almost 22 p ...
Friday, 02 October 09
C&O SEES INDONESIA COAL PURCHASES UP 20 PCT IN 2010
Reuters reported that, Dubai-based coal trader Coal & Oil (C&0) expects its coal purchases from Indonesia to increase by at least 20 percent ...
Thursday, 01 October 09
MJUNCTION LAUNCHES INDIA'S FIRST COAL SPOT PRICE INDEX
• Named 'MJcomposite, MJsteel, MJcement, MJpower' the value weighted index will benefit Indian coal buyers by minimising risk against pr ...
Wednesday, 30 September 09
INDIA CEMENTS SET TO PRODUCE POWER; EYES COAL MINE IN INDONESIA
Financial Express reported that, Tamil Nadu-based India Cements Ltd (ICL) has firmed up plans to produce power to meet its current and future requir ...
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- Banpu Public Company Limited - Thailand
- Savvy Resources Ltd - HongKong
- Videocon Industries ltd - India
- Central Electricity Authority - India
- Bhatia International Limited - India
- Krishnapatnam Port Company Ltd. - India
- Metalloyd Limited - United Kingdom
- Romanian Commodities Exchange
- Ministry of Finance - Indonesia
- Xindia Steels Limited - India
- Edison Trading Spa - Italy
- Rio Tinto Coal - Australia
- VISA Power Limited - India
- Mercator Lines Limited - India
- Meenaskhi Energy Private Limited - India
- Petron Corporation, Philippines
- Tamil Nadu electricity Board
- Bulk Trading Sa - Switzerland
- Cement Manufacturers Association - India
- Semirara Mining and Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Therma Luzon, Inc, Philippines
- Singapore Mercantile Exchange
- Orica Australia Pty. Ltd.
- Wood Mackenzie - Singapore
- Sakthi Sugars Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Commonwealth Bank - Australia
- Wilmar Investment Holdings
- Merrill Lynch Commodities Europe
- Meralco Power Generation, Philippines
- Latin American Coal - Colombia
- Ind-Barath Power Infra Limited - India
- Energy Link Ltd, New Zealand
- Directorate Of Revenue Intelligence - India
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining Corp, Philippines
- Standard Chartered Bank - UAE
- London Commodity Brokers - England
- Borneo Indobara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Binh Thuan Hamico - Vietnam
- McConnell Dowell - Australia
- Iligan Light & Power Inc, Philippines
- ASAPP Information Group - India
- Orica Mining Services - Indonesia
- Thai Mozambique Logistica
- Tata Chemicals Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Essar Steel Hazira Ltd - India
- Vizag Seaport Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Sinarmas Energy and Mining - Indonesia
- Eastern Energy - Thailand
- Larsen & Toubro Limited - India
- Parry Sugars Refinery, India
- OPG Power Generation Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Grasim Industreis Ltd - India
- Kepco SPC Power Corporation, Philippines
- CNBM International Corporation - China
- Thiess Contractors Indonesia
- Intertek Mineral Services - Indonesia
- Ministry of Mines - Canada
- Toyota Tsusho Corporation, Japan
- Mintek Dendrill Indonesia
- Interocean Group of Companies - India
- Vedanta Resources Plc - India
- Salva Resources Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Coalindo Energy - Indonesia
- Carbofer General Trading SA - India
- Sojitz Corporation - Japan
- Formosa Plastics Group - Taiwan
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
- Africa Commodities Group - South Africa
- Bukit Baiduri Energy - Indonesia
- Port Waratah Coal Services - Australia
- Aditya Birla Group - India
- Siam City Cement - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Deloitte Consulting - India
- Bhushan Steel Limited - India
- The Treasury - Australian Government
- Dalmia Cement Bharat India
- Central Java Power - Indonesia
- Bharathi Cement Corporation - India
- Electricity Generating Authority of Thailand
- Bangladesh Power Developement Board
- GN Power Mariveles Coal Plant, Philippines
- Oldendorff Carriers - Singapore
- Global Coal Blending Company Limited - Australia
- Bayan Resources Tbk. - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- New Zealand Coal & Carbon
- Trasteel International SA, Italy
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- Mercuria Energy - Indonesia
- Malabar Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Pendopo Energi Batubara - Indonesia
- South Luzon Thermal Energy Corporation
- Georgia Ports Authority, United States
- Indo Tambangraya Megah - Indonesia
- Indogreen Group - Indonesia
- Ambuja Cements Ltd - India
- ICICI Bank Limited - India
- SMC Global Power, Philippines
- Bukit Makmur.PT - Indonesia
- India Bulls Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- SMG Consultants - Indonesia
- Australian Coal Association
- Kobexindo Tractors - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- International Coal Ventures Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Baramulti Group, Indonesia
- IEA Clean Coal Centre - UK
- Heidelberg Cement - Germany
- Parliament of New Zealand
- TeaM Sual Corporation - Philippines
- Indonesian Coal Mining Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- Goldman Sachs - Singapore
- Anglo American - United Kingdom
- Planning Commission, India
- Ministry of Transport, Egypt
- Sindya Power Generating Company Private Ltd
- The State Trading Corporation of India Ltd
- Sarangani Energy Corporation, Philippines
- The University of Queensland
- Marubeni Corporation - India
- Minerals Council of Australia
- Kartika Selabumi Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- PNOC Exploration Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- PTC India Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Leighton Contractors Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Mjunction Services Limited - India
- Sree Jayajothi Cements Limited - India
- Economic Council, Georgia
- Jindal Steel & Power Ltd - India
- Agrawal Coal Company - India
- Samtan Co., Ltd - South Korea
- IHS Mccloskey Coal Group - USA
- Gujarat Mineral Development Corp Ltd - India
- Posco Energy - South Korea
- Kideco Jaya Agung - Indonesia
- Chamber of Mines of South Africa
- Lanco Infratech Ltd - India
- Eastern Coal Council - USA
- Altura Mining Limited, Indonesia
- European Bulk Services B.V. - Netherlands
- Aboitiz Power Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Attock Cement Pakistan Limited
- Jorong Barutama Greston.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Timah Investasi Mineral - Indoneisa
- Sical Logistics Limited - India
- Global Green Power PLC Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Star Paper Mills Limited - India
- SN Aboitiz Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Indian Energy Exchange, India
- Riau Bara Harum - Indonesia
- Gujarat Sidhee Cement - India
- Karaikal Port Pvt Ltd - India
- Electricity Authority, New Zealand
- Australian Commodity Traders Exchange
- Billiton Holdings Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Madhucon Powers Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- Coal and Oil Company - UAE
- GAC Shipping (India) Pvt Ltd
- Bhoruka Overseas - Indonesia
- Uttam Galva Steels Limited - India
- Energy Development Corp, Philippines
- Kumho Petrochemical, South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Coastal Gujarat Power Limited - India
- White Energy Company Limited
- MS Steel International - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indika Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- GMR Energy Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Independent Power Producers Association of India
- San Jose City I Power Corp, Philippines
- Antam Resourcindo - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Price Waterhouse Coopers - Russia
- Medco Energi Mining Internasional
- CIMB Investment Bank - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Makarim & Taira - Indonesia
- GVK Power & Infra Limited - India
- Renaissance Capital - South Africa
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