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Thursday, 21 January 10
INDONESIA BUKIT ASAM AGREES ON LOWER COAL PRICE
Indonesian state coal miner PT Tambang Batubara Bukit Asam Tbk has agreed with a local power plant to set 2010 coal prices at 23 percent lower than a year ago, the company's president director said on Thursday.
Bukit Asam has agreed to supply PT Indonesia Power, a unit of state electricity firm PT Perusahaan Listrik Negara (PLN), between 5.5 million tonnes and 6.1 million tonnes of coal with a heating value of 5,000 kcal/kg gross as-received (GAR) at 685,000 rupiah ($73.68) per tonne, CIF, president director Sukrisno said.
Indonesia's third-largest listed coal miner by market value said it would supply the coal to the 3,400-MW Suralaya power plant in West Java between now and the end of this year.
The price was 22.5 percent lower than 884,000 rupiah per tonne set in 2009.
"The price in 2009 was above the market price because we managed to reach a deal when coal prices were still high in around September 2008," said a Bukit Asam official, who declined to be quoted by name.
"Although 2010 price is lower than last year, it is still above the current market price," the official said.
Bukit Asam has said it expects last year's revenue to amount to 9 trillion rupiah, up from 7.2 trillion rupiah in 2008 as it managed to negotiate for higher prices.
Bukit Asam, with a market capitalisation of just over $4 billion, expects its sales volume to rise to 15.6 million tonnes in 2010 from an estimated 12.8 million tonnes last year on a growing demand from China and India.($1 = 9,297 Rupiah)
Source: Reuters
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Monday, 16 November 09
141 VESSELS ARE EXPECTED TO LOAD 8.833 MILLION TONS OF INDONESIAN COAL BEFORE 30 NOVEMBER 2009
COALspot.com (Indonesia): 141 vessels are expected to load or sail with 8.833 million tons of Indonesian coal before 30 November 2009.
A source f ...
Sunday, 15 November 09
NALCO SHELVES SA PROJECT- PUTS IRAN PROJECT ON HOLD
The Economic Times reported that, In a twin decision on its global operations involving about Rs 27,000-crore (US$ 5.847billions) investment, the st ...
Saturday, 14 November 09
SHORT PERIOD RATES FOR SUPRAMAX WAS AT US$ 19,000 / 20,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - VISTAAR SINGAPORE
COALspot.com (Singaproe): BDI continues to rally crossing the 4,000 mark. The BDI increased this week by 718 points up by 21 pct and closed at 4,111 ...
Saturday, 14 November 09
CHINA HAS BEEN THE LARGEST SINGLE BUYER OF INDONESIAN COAL IN OCTOBER, TAKING 24.37% OF TOTAL EXPORT QUANTITY OF 22.637 MILLION TONS
COALspot.com (Indonesia): China has been the largest single buyer of Indonesian coal in October 2009, taking 24.37% of total export quantity o ...
Saturday, 14 November 09
ASIA'S POWER SECTOR IS INVESTING IN COALMINES TO SECURE SUPPLIES
COALspot.com (Press Release): Asia Coal Power conference in Jakarta pinpoints growing power demand in Asia & Power sector investments in Indones ...
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- Africa Commodities Group - South Africa
- Wilmar Investment Holdings
- Straits Asia Resources Limited - Singapore
- SN Aboitiz Power Inc, Philippines
- Lanco Infratech Ltd - India
- Coalindo Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Grasim Industreis Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Miang Besar Coal Terminal - Indonesia
- Posco Energy - South Korea
- Semirara Mining Corp, Philippines
- Indian Oil Corporation Limited
- Karaikal Port Pvt Ltd - India
- White Energy Company Limited
- Bhushan Steel Limited - India
- Commonwealth Bank - Australia
- Iligan Light & Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Independent Power Producers Association of India
- Borneo Indobara - Indonesia
- Madhucon Powers Ltd - India
- Tamil Nadu electricity Board
- International Coal Ventures Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Meenaskhi Energy Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Medco Energi Mining Internasional
- Orica Australia Pty. Ltd.
- Barasentosa Lestari - Indonesia
- Latin American Coal - Colombia
- PetroVietnam Power Coal Import and Supply Company
- Riau Bara Harum - Indonesia
- Parliament of New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Bulk Trading Sa - Switzerland
- Neyveli Lignite Corporation Ltd, - India
- Electricity Authority, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Thai Mozambique Logistica
- VISA Power Limited - India
- Global Coal Blending Company Limited - Australia
- Carbofer General Trading SA - India
- Oldendorff Carriers - Singapore
- Ceylon Electricity Board - Sri Lanka
- ASAPP Information Group - India
- Directorate General of MIneral and Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Orica Mining Services - Indonesia
- Vizag Seaport Private Limited - India
- Videocon Industries ltd - India
- Formosa Plastics Group - Taiwan
- Mintek Dendrill Indonesia
- Siam City Cement PLC, Thailand
- Thiess Contractors Indonesia
- Global Business Power Corporation, Philippines
- Chamber of Mines of South Africa
- Agrawal Coal Company - India
- ICICI Bank Limited - India
- Sindya Power Generating Company Private Ltd
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement - Thailand
- India Bulls Power Limited - India
- Price Waterhouse Coopers - Russia
- Eastern Coal Council - USA
- Indonesian Coal Mining Association
- Heidelberg Cement - Germany
- Ministry of Mines - Canada
- Savvy Resources Ltd - HongKong
- Samtan Co., Ltd - South Korea
- PNOC Exploration Corporation - Philippines
- Altura Mining Limited, Indonesia
- Sojitz Corporation - Japan
- Australian Coal Association
- Kaltim Prima Coal - Indonesia
- SMG Consultants - Indonesia
- LBH Netherlands Bv - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Uttam Galva Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Ambuja Cements Ltd - India
- Malabar Cements Ltd - India
- PowerSource Philippines DevCo
- Timah Investasi Mineral - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Trasteel International SA, Italy
- The Treasury - Australian Government
- AsiaOL BioFuels Corp., Philippines
- Attock Cement Pakistan Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coal and Oil Company - UAE
- Dalmia Cement Bharat India
- Rio Tinto Coal - Australia
- Indogreen Group - Indonesia
- Electricity Generating Authority of Thailand
- Minerals Council of Australia
- Sree Jayajothi Cements Limited - India
- Indo Tambangraya Megah - Indonesia
- McConnell Dowell - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- GAC Shipping (India) Pvt Ltd
- Eastern Energy - Thailand
- Globalindo Alam Lestari - Indonesia
- London Commodity Brokers - England
- Bukit Baiduri Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Georgia Ports Authority, United States
- Kobexindo Tractors - Indoneisa
- Ind-Barath Power Infra Limited - India
- Interocean Group of Companies - India
- Alfred C Toepfer International GmbH - Germany
- Aditya Birla Group - India
- PTC India Limited - India
- Central Java Power - Indonesia
- MS Steel International - UAE
- Aboitiz Power Corporation - Philippines
- Bharathi Cement Corporation - India
- SMC Global Power, Philippines
- Makarim & Taira - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kepco SPC Power Corporation, Philippines
- Petron Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Wood Mackenzie - Singapore
- The State Trading Corporation of India Ltd
- Goldman Sachs - Singapore
- Cigading International Bulk Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Star Paper Mills Limited - India
- Planning Commission, India
- Krishnapatnam Port Company Ltd. - India
- Sakthi Sugars Limited - India
- Sinarmas Energy and Mining - Indonesia
- Mercator Lines Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Power Finance Corporation Ltd., India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Commodity Traders Exchange
- Port Waratah Coal Services - Australia
- Metalloyd Limited - United Kingdom
- Larsen & Toubro Limited - India
- Bangladesh Power Developement Board
- Meralco Power Generation, Philippines
- Parry Sugars Refinery, India
- Global Green Power PLC Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vedanta Resources Plc - India
- Edison Trading Spa - Italy
- Deloitte Consulting - India
- Binh Thuan Hamico - Vietnam
- Xindia Steels Limited - India
- GVK Power & Infra Limited - India
- Bukit Makmur.PT - Indonesia
- New Zealand Coal & Carbon
- Mjunction Services Limited - India
- Essar Steel Hazira Ltd - India
- Bhoruka Overseas - Indonesia
- Standard Chartered Bank - UAE
- San Jose City I Power Corp, Philippines
- Renaissance Capital - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Gujarat Sidhee Cement - India
- Merrill Lynch Commodities Europe
- IEA Clean Coal Centre - UK
- Kartika Selabumi Mining - Indonesia
- Anglo American - United Kingdom
- Kumho Petrochemical, South Korea
- CNBM International Corporation - China
- Chettinad Cement Corporation Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Cement Manufacturers Association - India
- Intertek Mineral Services - Indonesia
- GMR Energy Limited - India
- Central Electricity Authority - India
- Billiton Holdings Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Kapuas Tunggal Persada - Indonesia
- Gujarat Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Tata Chemicals Ltd - India
- Marubeni Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Simpson Spence & Young - Indonesia
- Indika Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Sarangani Energy Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Ministry of Transport, Egypt
- Singapore Mercantile Exchange
- Romanian Commodities Exchange
- Asmin Koalindo Tuhup - Indonesia
- CIMB Investment Bank - Malaysia
- Coastal Gujarat Power Limited - India
- Bhatia International Limited - India
- Therma Luzon, Inc, Philippines
- Jindal Steel & Power Ltd - India
- South Luzon Thermal Energy Corporation
- Directorate Of Revenue Intelligence - India
- The University of Queensland
- Leighton Contractors Pty Ltd - Australia
- Energy Development Corp, Philippines
- Baramulti Group, Indonesia
- Sical Logistics Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercuria Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Indian Energy Exchange, India
- Economic Council, Georgia
- Salva Resources Pvt Ltd - India
- TeaM Sual Corporation - Philippines
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