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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, 11 August 09
ZAMBIAN COAL BUYERS CONTINUE IMPORTING COAL FROM ZIMBABWE
Lusaka Times reported that, Coal mining companies have bemoaned the lack of market for their produce as prospective buyers continue importing the co ...
Monday, 10 August 09
NOMINAL HIKE IN COAL PRICES SOON - MEDIA
The hindu business reported that, a marginal hike in coal prices is in the offing. "I will be soon approaching the Prime Minister on the matter ...
Monday, 10 August 09
MANGALAM CEMENT PLACES ORDER FOR CAPTIVE POWER PLANT
Steel Guru reported that, Mangalam Cement Ltd has announced that the company on August 6th 2009 finalized order for Captive Thermal Power Plant of 1 ...
Monday, 10 August 09
VIET NAM COAL EXPORTS HIT 13.5 MILLION TONNES
VietNamNet Bridge reported that, Viet Nam exported more than 13.5 million tonnes of coal in the first seven months of this year, equal to the same p ...
Monday, 10 August 09
S.KOREA KOSPO ISSUES SPOT, TERM COAL TENDERS
Korea Southern Power Co Ltd (KOSPO) is seeking 1.5 million tonnes of steam coal per year for delivery from October 2009 through September 2012 via a ...
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- Karbindo Abesyapradhi - Indoneisa
- Vizag Seaport Private Limited - India
- Sakthi Sugars Limited - India
- Bukit Baiduri Energy - Indonesia
- Star Paper Mills Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Mines - Canada
- Economic Council, Georgia
- South Luzon Thermal Energy Corporation
- Australian Commodity Traders Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indonesian Coal Mining Association
- European Bulk Services B.V. - Netherlands
- Xindia Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Central Electricity Authority - India
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Energy - Thailand
- Carbofer General Trading SA - India
- LBH Netherlands Bv - Netherlands
- MS Steel International - UAE
- Indika Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Kapuas Tunggal Persada - Indonesia
- Wilmar Investment Holdings
- Salva Resources Pvt Ltd - India
- Madhucon Powers Ltd - India
- Posco Energy - South Korea
- Iligan Light & Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- GMR Energy Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- The University of Queensland
- India Bulls Power Limited - India
- TeaM Sual Corporation - Philippines
- The State Trading Corporation of India Ltd
- Agrawal Coal Company - India
- Planning Commission, India
- Mercator Lines Limited - India
- Banpu Public Company Limited - Thailand
- Meenaskhi Energy Private Limited - India
- Timah Investasi Mineral - Indoneisa
- Port Waratah Coal Services - Australia
- IEA Clean Coal Centre - UK
- Siam City Cement - Thailand
- Coalindo Energy - Indonesia
- Meralco Power Generation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Malabar Cements Ltd - India
- Makarim & Taira - Indonesia
- Wood Mackenzie - Singapore
- Simpson Spence & Young - Indonesia
- Siam City Cement PLC, Thailand
- Straits Asia Resources Limited - Singapore
- Pendopo Energi Batubara - Indonesia
- Latin American Coal - Colombia
- Petron Corporation, Philippines
- Electricity Generating Authority of Thailand
- Price Waterhouse Coopers - Russia
- Chamber of Mines of South Africa
- Aboitiz Power Corporation - Philippines
- SMG Consultants - Indonesia
- Tata Chemicals Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kumho Petrochemical, South Korea
- Indian Oil Corporation Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Development Corp, Philippines
- Grasim Industreis Ltd - India
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
- McConnell Dowell - Australia
- Global Green Power PLC Corporation, Philippines
- Riau Bara Harum - Indonesia
- Thiess Contractors Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Aditya Birla Group - India
- Larsen & Toubro Limited - India
- Kideco Jaya Agung - Indonesia
- Kartika Selabumi Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Coal and Oil Company - UAE
- Goldman Sachs - Singapore
- Altura Mining Limited, Indonesia
- Attock Cement Pakistan Limited
- Africa Commodities Group - South Africa
- Bukit Makmur.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Leighton Contractors Pty Ltd - Australia
- Indogreen Group - Indonesia
- Metalloyd Limited - United Kingdom
- Heidelberg Cement - Germany
- Georgia Ports Authority, United States
- Ministry of Transport, Egypt
- Neyveli Lignite Corporation Ltd, - India
- CNBM International Corporation - China
- Edison Trading Spa - Italy
- Energy Link Ltd, New Zealand
- Thai Mozambique Logistica
- ICICI Bank Limited - India
- Ind-Barath Power Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Ambuja Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Trasteel International SA, Italy
- Intertek Mineral Services - Indonesia
- Independent Power Producers Association of India
- Gujarat Sidhee Cement - India
- Global Coal Blending Company Limited - Australia
- Dalmia Cement Bharat India
- Gujarat Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- GAC Shipping (India) Pvt Ltd
- Coastal Gujarat Power Limited - India
- PNOC Exploration Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- PowerSource Philippines DevCo
- Uttam Galva Steels Limited - India
- Directorate Of Revenue Intelligence - India
- VISA Power Limited - India
- Manunggal Multi Energi - Indonesia
- Standard Chartered Bank - UAE
- GVK Power & Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Ceylon Electricity Board - Sri Lanka
- Bulk Trading Sa - Switzerland
- New Zealand Coal & Carbon
- Rashtriya Ispat Nigam Limited - India
- Anglo American - United Kingdom
- Videocon Industries ltd - India
- Mintek Dendrill Indonesia
- Global Business Power Corporation, Philippines
- Eastern Coal Council - USA
- Power Finance Corporation Ltd., India
- Renaissance Capital - South Africa
- Deloitte Consulting - India
- Medco Energi Mining Internasional
- San Jose City I Power Corp, Philippines
- Ministry of Finance - Indonesia
- Cement Manufacturers Association - India
- Billiton Holdings Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Alfred C Toepfer International GmbH - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sojitz Corporation - Japan
- International Coal Ventures Pvt Ltd - India
- Central Java Power - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Barasentosa Lestari - Indonesia
- Rio Tinto Coal - Australia
- Bhushan Steel Limited - India
- Singapore Mercantile Exchange
- Sindya Power Generating Company Private Ltd
- Parliament of New Zealand
- Orica Mining Services - Indonesia
- Jindal Steel & Power Ltd - India
- Krishnapatnam Port Company Ltd. - India
- AsiaOL BioFuels Corp., Philippines
- Indo Tambangraya Megah - Indonesia
- Toyota Tsusho Corporation, Japan
- Baramulti Group, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Marubeni Corporation - India
- PTC India Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Essar Steel Hazira Ltd - India
- Samtan Co., Ltd - South Korea
- Bangladesh Power Developement Board
- CIMB Investment Bank - Malaysia
- Jaiprakash Power Ventures ltd
- Tamil Nadu electricity Board
- Kepco SPC Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Vijayanagar Sugar Pvt Ltd - India
- The Treasury - Australian Government
- Interocean Group of Companies - India
- Bhoruka Overseas - Indonesia
- Bhatia International Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Commonwealth Bank - Australia
- Vedanta Resources Plc - India
- Orica Australia Pty. Ltd.
- Sarangani Energy Corporation, Philippines
- Romanian Commodities Exchange
- Sree Jayajothi Cements Limited - India
- Mercuria Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMC Global Power, Philippines
- Indian Energy Exchange, India
- SN Aboitiz Power Inc, Philippines
- Australian Coal Association
- Electricity Authority, New Zealand
- Merrill Lynch Commodities Europe
- Kaltim Prima Coal - Indonesia
- Borneo Indobara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- White Energy Company Limited
- Therma Luzon, Inc, Philippines
- Minerals Council of Australia
- ASAPP Information Group - India
- Chettinad Cement Corporation Ltd - India
- London Commodity Brokers - England
- Kobexindo Tractors - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Mjunction Services Limited - India
- Bayan Resources Tbk. - Indonesia
- Sical Logistics Limited - India
- Antam Resourcindo - Indonesia
- OPG Power Generation Pvt Ltd - India
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