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

Thursday, 24 September 09
S.KOREA HYUNDAI STEEL TO BUY COAL FROM SIBERIA
Reuters reported that, South Korea's Hyundai Steel said on Wednesday it will buy a maximum of 300,000 tonnes of coal per year from Siberian Anthrac ...


Thursday, 24 September 09
NO IMPORTED COAL-BASED UMPPS: TATA POWER
Will wait until policy environment becomes more favourable. Business Standard reported that, Tata Power Company (TPC), India’s largest priv ...


Thursday, 24 September 09
BUMI RAISES $1.9 BILLION SELLING DEBT TO CHINA'S CIC
Bloomberg reported that, PT Bumi Resources, Indonesia’s biggest coal producer, said it raised $1.9 billion selling debt to China’s sover ...


Thursday, 24 September 09
MACQUARIE DOWNGRADES U.S. COAL SECTOR TO NEUTRAL
Reuters reported that, Macquarie Research downgraded the U.S. coal sector to "neutral" from "overweight" as it believes that dem ...


Thursday, 24 September 09
CHINA WILL BE IMPORTER OF COKING COAL NEXT YEAR, MCCLOSKEY SAYS
Bloomberg reported that, China, the world’s largest coal user and producer, will remain an importer of the fuel through next year, according t ...


   1279 1280 1281 1282 1283   
Showing 6401 to 6405 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 ...

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