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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$155 per ton.
Srivastava added that PT Bumi Resources plans to increase the coal exports to China and India in 2012 and its production will hike to 100mln tons from last year's 53mln tons, 20% of output to be exported to China and India.
Source: Alibaba
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Friday, 24 July 09
INDIA TAKES 9 MILLION TONNES S. AFRICAN COAL JAN - JUNE
Reuters reported that, India accounted for nearly 9 million tonnes of South Africa's January-June exports of around 28 million tonnes, industry sour ...
Thursday, 23 July 09
KOMIPO LAUNCHES TWO COAL TENDERS
Korea Midland Power on Wednesday launched two tenders to procure bituminous or semi-anthracite coal for August to September delivery. Bids close on J ...
Thursday, 23 July 09
GUANGDONG BUYERS SET TO IMPORT 2.3 MILLION MT FROM VIETNAM - MEDIA
Several coal-consuming companies in China’s Guangdong Province, headed by Guangdong Yudean Group (Guangdong Power Generation Group), have inke ...
Thursday, 23 July 09
KEPCO BUYS 1.5% STAKE IN ADARO ENERGY FOR US$ 56.5M
WSJ reported that, state-run utility Korea Electric Power Corp., or Kepco, Thursday said it has acquired a 1.5% stake in Indonesian coal miner, PT A ...
Thursday, 23 July 09
INDONESIA COAL-PRICES CLIMB TO $80, INDIAN DEMAND SLOWS
Reuters reported that, prices of power-station coal in Australia, a benchmark for Asia, jumped to nearly $80 a tonne this week, while Indonesi ...
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- Chettinad Cement Corporation Ltd - India
- Baramulti Group, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Riau Bara Harum - Indonesia
- Economic Council, Georgia
- Central Electricity Authority - India
- Mintek Dendrill Indonesia
- Minerals Council of Australia
- Intertek Mineral Services - Indonesia
- Agrawal Coal Company - India
- Indian Energy Exchange, India
- Bukit Baiduri Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Romanian Commodities Exchange
- PTC India Limited - India
- White Energy Company Limited
- Renaissance Capital - South Africa
- Indonesian Coal Mining Association
- Kaltim Prima Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Altura Mining Limited, Indonesia
- MS Steel International - UAE
- Straits Asia Resources Limited - Singapore
- Ind-Barath Power Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Oldendorff Carriers - Singapore
- IEA Clean Coal Centre - UK
- Jorong Barutama Greston.PT - Indonesia
- Parliament of New Zealand
- Indian Oil Corporation Limited
- Timah Investasi Mineral - Indoneisa
- Eastern Energy - Thailand
- The State Trading Corporation of India Ltd
- Jindal Steel & Power Ltd - India
- Simpson Spence & Young - Indonesia
- Essar Steel Hazira Ltd - India
- South Luzon Thermal Energy Corporation
- London Commodity Brokers - England
- Deloitte Consulting - India
- Grasim Industreis Ltd - India
- Aditya Birla Group - India
- Petron Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Bhatia International Limited - India
- Ceylon Electricity Board - Sri Lanka
- Parry Sugars Refinery, India
- Independent Power Producers Association of India
- Rashtriya Ispat Nigam Limited - India
- Planning Commission, India
- Leighton Contractors Pty Ltd - Australia
- Bharathi Cement Corporation - India
- GMR Energy Limited - India
- SMC Global Power, Philippines
- Semirara Mining Corp, Philippines
- Orica Australia Pty. Ltd.
- Indika Energy - Indonesia
- Heidelberg Cement - Germany
- Krishnapatnam Port Company Ltd. - India
- GAC Shipping (India) Pvt Ltd
- Electricity Generating Authority of Thailand
- Price Waterhouse Coopers - Russia
- Goldman Sachs - Singapore
- Vizag Seaport Private Limited - India
- Sree Jayajothi Cements Limited - India
- San Jose City I Power Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Global Business Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Jaiprakash Power Ventures ltd
- Lanco Infratech Ltd - India
- Thiess Contractors Indonesia
- Medco Energi Mining Internasional
- Siam City Cement PLC, Thailand
- Vedanta Resources Plc - India
- Singapore Mercantile Exchange
- Mercator Lines Limited - India
- Metalloyd Limited - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- Sical Logistics Limited - India
- Marubeni Corporation - India
- Therma Luzon, Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Pendopo Energi Batubara - Indonesia
- Australian Coal Association
- Power Finance Corporation Ltd., India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhoruka Overseas - Indonesia
- Global Green Power PLC Corporation, Philippines
- Dalmia Cement Bharat India
- Gujarat Sidhee Cement - India
- Coalindo Energy - Indonesia
- Bhushan Steel Limited - India
- Bangladesh Power Developement Board
- Kapuas Tunggal Persada - Indonesia
- Commonwealth Bank - Australia
- Banpu Public Company Limited - Thailand
- India Bulls Power Limited - India
- ASAPP Information Group - India
- Standard Chartered Bank - UAE
- Australian Commodity Traders Exchange
- Bayan Resources Tbk. - Indonesia
- TeaM Sual Corporation - Philippines
- The University of Queensland
- Aboitiz Power Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- GVK Power & Infra Limited - India
- Meralco Power Generation, Philippines
- Africa Commodities Group - South Africa
- Bukit Makmur.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Tamil Nadu electricity Board
- PNOC Exploration Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mjunction Services Limited - India
- Makarim & Taira - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Merrill Lynch Commodities Europe
- Siam City Cement - Thailand
- Ambuja Cements Ltd - India
- Carbofer General Trading SA - India
- Coastal Gujarat Power Limited - India
- Georgia Ports Authority, United States
- Globalindo Alam Lestari - Indonesia
- Trasteel International SA, Italy
- Samtan Co., Ltd - South Korea
- Borneo Indobara - Indonesia
- Ministry of Mines - Canada
- Xindia Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Electricity Authority, New Zealand
- Maheswari Brothers Coal Limited - India
- Cement Manufacturers Association - India
- Coal and Oil Company - UAE
- SMG Consultants - Indonesia
- SN Aboitiz Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- LBH Netherlands Bv - Netherlands
- AsiaOL BioFuels Corp., Philippines
- IHS Mccloskey Coal Group - USA
- The Treasury - Australian Government
- Meenaskhi Energy Private Limited - India
- Star Paper Mills Limited - India
- Latin American Coal - Colombia
- Mercuria Energy - Indonesia
- Energy Development Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Larsen & Toubro Limited - India
- Antam Resourcindo - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- McConnell Dowell - Australia
- Wood Mackenzie - Singapore
- CNBM International Corporation - China
- Miang Besar Coal Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- ICICI Bank Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Port Waratah Coal Services - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Interocean Group of Companies - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- New Zealand Coal & Carbon
- PowerSource Philippines DevCo
- Iligan Light & Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Attock Cement Pakistan Limited
- International Coal Ventures Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Kumho Petrochemical, South Korea
- Edison Trading Spa - Italy
- VISA Power Limited - India
- Rio Tinto Coal - Australia
- Ministry of Transport, Egypt
- Holcim Trading Pte Ltd - Singapore
- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
- Thai Mozambique Logistica
- Wilmar Investment Holdings
- Asmin Koalindo Tuhup - Indonesia
- Kobexindo Tractors - Indoneisa
- Sakthi Sugars Limited - India
- Malabar Cements Ltd - India
- Sojitz Corporation - Japan
- Central Java Power - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Posco Energy - South Korea
- Uttam Galva Steels Limited - India
- Orica Mining Services - Indonesia
- Indogreen Group - Indonesia
- Kideco Jaya Agung - Indonesia
- Ministry of Finance - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sarangani Energy Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Kepco SPC Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Videocon Industries ltd - India
- Madhucon Powers Ltd - India
- Energy Link Ltd, New Zealand
- Eastern Coal Council - USA
- Binh Thuan Hamico - Vietnam
- Gujarat Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Toyota Tsusho Corporation, Japan
- Anglo American - United Kingdom
- Sinarmas Energy and Mining - Indonesia
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