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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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Tuesday, 22 September 09
AUSTRALIA SEES HIGHER ASIAN THERMAL COAL IMPORTS
* Asia '09 imports to rise 3.5%, vs pvs f'cast of 3.3% fall
* Asia 2010 thermal coal imports expected to rise 6.3 pct
* China to become net im ...
Tuesday, 22 September 09
PANAMA CANAL EXPANSION MAY AID COLOMBIA COAL TO ASIA
* Colombia producers hope for growth in Asia shipments
* Panama Canal will allow smaller coal Capesize vessels
* Australia, Indonesia to remain bi ...
Monday, 21 September 09
ACCC SET TO APPROVE NEWCASTLE COAL SHIPPING AGREEMENT
ABC reported that, The competition regulator says it is likely to approve a new agreement over coal loading arrangements at Newcastle.
Australian ...
Friday, 18 September 09
PEABODY ENERGY ESTABLISHES ASIAN COAL TRADING HUB IN SINGAPORE
Peabody Energy announced it has opened an office in Singapore that will serve as the new hub for Peabody COALTRADE International activities in South ...
Friday, 18 September 09
AUSTRALIA NEWCASTLE COAL PORT: SEEKS INTERIM QUOTA SYSTEM
Reuters reported that, Australia's Newcastle coal terminal wants to re-introduce an interim export quota system after a group of miners led by BHP ...
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- Global Coal Blending Company Limited - Australia
- Interocean Group of Companies - India
- South Luzon Thermal Energy Corporation
- Banpu Public Company Limited - Thailand
- Metalloyd Limited - United Kingdom
- Siam City Cement PLC, Thailand
- Wood Mackenzie - Singapore
- Heidelberg Cement - Germany
- Parry Sugars Refinery, India
- Mjunction Services Limited - India
- Carbofer General Trading SA - India
- TNB Fuel Sdn Bhd - Malaysia
- Riau Bara Harum - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Medco Energi Mining Internasional
- SN Aboitiz Power Inc, Philippines
- Energy Development Corp, Philippines
- Thiess Contractors Indonesia
- McConnell Dowell - Australia
- SMG Consultants - Indonesia
- Electricity Authority, New Zealand
- Mercator Lines Limited - India
- Indian Energy Exchange, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Agrawal Coal Company - India
- Karbindo Abesyapradhi - Indoneisa
- Lanco Infratech Ltd - India
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- Mintek Dendrill Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Independent Power Producers Association of India
- Iligan Light & Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- Global Business Power Corporation, Philippines
- GMR Energy Limited - India
- Siam City Cement - Thailand
- Bukit Baiduri Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Mines - Canada
- Baramulti Group, Indonesia
- Globalindo Alam Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Tamil Nadu electricity Board
- Aboitiz Power Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- ICICI Bank Limited - India
- Kobexindo Tractors - Indoneisa
- Rio Tinto Coal - Australia
- Australian Coal Association
- Global Green Power PLC Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Electricity Generating Authority of Thailand
- Gujarat Mineral Development Corp Ltd - India
- New Zealand Coal & Carbon
- GVK Power & Infra Limited - India
- Indogreen Group - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Uttam Galva Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- The State Trading Corporation of India Ltd
- The University of Queensland
- Central Java Power - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Marubeni Corporation - India
- India Bulls Power Limited - India
- Dalmia Cement Bharat India
- Port Waratah Coal Services - Australia
- Bangladesh Power Developement Board
- Kideco Jaya Agung - Indonesia
- International Coal Ventures Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- CIMB Investment Bank - Malaysia
- Mercuria Energy - Indonesia
- Bharathi Cement Corporation - India
- Orica Australia Pty. Ltd.
- Bukit Asam (Persero) Tbk - Indonesia
- Kumho Petrochemical, South Korea
- Parliament of New Zealand
- Salva Resources Pvt Ltd - India
- Trasteel International SA, Italy
- Posco Energy - South Korea
- IEA Clean Coal Centre - UK
- Larsen & Toubro Limited - India
- Chettinad Cement Corporation Ltd - India
- Bukit Makmur.PT - Indonesia
- Antam Resourcindo - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indika Energy - Indonesia
- Minerals Council of Australia
- Timah Investasi Mineral - Indoneisa
- Merrill Lynch Commodities Europe
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhushan Steel Limited - India
- Krishnapatnam Port Company Ltd. - India
- Ceylon Electricity Board - Sri Lanka
- Alfred C Toepfer International GmbH - Germany
- Ministry of Finance - Indonesia
- TeaM Sual Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Meenaskhi Energy Private Limited - India
- Samtan Co., Ltd - South Korea
- Commonwealth Bank - Australia
- SMC Global Power, Philippines
- OPG Power Generation Pvt Ltd - India
- Wilmar Investment Holdings
- Bhoruka Overseas - Indonesia
- Georgia Ports Authority, United States
- Cigading International Bulk Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Meralco Power Generation, Philippines
- Altura Mining Limited, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- VISA Power Limited - India
- Sakthi Sugars Limited - India
- Vizag Seaport Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sarangani Energy Corporation, Philippines
- Indonesian Coal Mining Association
- Grasim Industreis Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Makarim & Taira - Indonesia
- Indian Oil Corporation Limited
- Thai Mozambique Logistica
- Sojitz Corporation - Japan
- Gujarat Sidhee Cement - India
- Binh Thuan Hamico - Vietnam
- Tata Chemicals Ltd - India
- Manunggal Multi Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Coal and Oil Company - UAE
- LBH Netherlands Bv - Netherlands
- Ambuja Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Borneo Indobara - Indonesia
- Kepco SPC Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- MS Steel International - UAE
- Energy Link Ltd, New Zealand
- Anglo American - United Kingdom
- Africa Commodities Group - South Africa
- Intertek Mineral Services - Indonesia
- Orica Mining Services - Indonesia
- Eastern Energy - Thailand
- Bhatia International Limited - India
- Maheswari Brothers Coal Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vedanta Resources Plc - India
- Standard Chartered Bank - UAE
- Central Electricity Authority - India
- Semirara Mining and Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Oldendorff Carriers - Singapore
- Essar Steel Hazira Ltd - India
- GAC Shipping (India) Pvt Ltd
- Economic Council, Georgia
- Petron Corporation, Philippines
- Videocon Industries ltd - India
- Kapuas Tunggal Persada - Indonesia
- Latin American Coal - Colombia
- London Commodity Brokers - England
- Jaiprakash Power Ventures ltd
- Ministry of Transport, Egypt
- Jindal Steel & Power Ltd - India
- Romanian Commodities Exchange
- Aditya Birla Group - India
- Kalimantan Lumbung Energi - Indonesia
- Power Finance Corporation Ltd., India
- PowerSource Philippines DevCo
- Australian Commodity Traders Exchange
- Singapore Mercantile Exchange
- San Jose City I Power Corp, Philippines
- Coastal Gujarat Power Limited - India
- Star Paper Mills Limited - India
- Ind-Barath Power Infra Limited - India
- Cement Manufacturers Association - India
- CNBM International Corporation - China
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- Edison Trading Spa - Italy
- Malabar Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Karaikal Port Pvt Ltd - India
- White Energy Company Limited
- Goldman Sachs - Singapore
- Madhucon Powers Ltd - India
- Directorate Of Revenue Intelligence - India
- Straits Asia Resources Limited - Singapore
- Indo Tambangraya Megah - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sical Logistics Limited - India
- Xindia Steels Limited - India
- Eastern Coal Council - USA
- Bayan Resources Tbk. - Indonesia
- Attock Cement Pakistan Limited
- Chamber of Mines of South Africa
- IHS Mccloskey Coal Group - USA
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- Sree Jayajothi Cements Limited - India
- Leighton Contractors Pty Ltd - Australia
- The Treasury - Australian Government
- Sindya Power Generating Company Private Ltd
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Renaissance Capital - South Africa
- ASAPP Information Group - India
- Planning Commission, India
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