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Saturday, 24 July 10
INDONESIAS BUKIT ASAM H1 2010, SALES RAISED 10% TO 6.44 MILLION TONS
COALspot.com: PT Tambang Batubara Bukit Asam (PTBA), Indonesian state owned mining company’s H1 2010, sales raised 10% to 6.44 million tons. The same period in 2009, PTBA has sold only 5.84 million tons of coal according to press release of PTBA.
66 percent of total sales in H1, goes to the domestic market and remaining 34 percents exported. Despite 10 percent sales increase, total revenue fell 16 percent to Rp 3.794 trillion (US$ 419,091 million) in H1 2010 compare to Rp. 4.501 trillion (US$ 497.085 million ) in H1 of 2009, the report said. Company said various reasons for the drop in net profit.
The company’s average selling price to the domestic market was at Rp. 601,106 (US$ 66.38) in H1 of 2010. The same period in 2009, PTBA able to achieved price of Rp. 751,623 (US$ 83.00) for its coal from the domestic market. However, PTBA claimed that, they were able to get better price from the domestic market for the period April – June 2010 compare to January – March 2010.
Q2 coal prices were higher by 8 percent compare to Q1 coal price.
The average selling price of PTBA coal for the export market for H1 was around at US$ 61.15 per metric ton, which was about US$ 13 below, the price PTBA achieved from the export market in the same period in 2009. The average price drop was due to larger volume of sub-bituminous coal exported, which has lower price compare to bituminous coal.
PTBA is also forecasting a higher revenue in H2, due to better coal price from the international market and allocate a higher percentage of bituminous coal for export. PTBA is also assuming that, the international price for coal would be around US$ 98/ ton for 2nd half of this year.
The company is also projecting the total sales for this year will reach to 14.5 million tons, which is 15 percent higher than last year’s sales. (1 USD = 9,055.00 IDR)
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Friday, 23 July 10
THE PANAMAX MARKET HAS CONTINUED ITS SLOW CLIMB - FEARNLEYS
Handy
Continued flat Atlantic markets and over-supply of tonnage across all segments on spot basis. Nevertheless there is more fresh enquiry on Co ...
Friday, 23 July 10
KPMG INDIA FACES COAL DEFICIT OF 50% OF EXPECTED POWER PLANT DEMAND, SAYS - BLOOMBERG
Bloomberg reported that, India may face a coal shortfall of 189 million metric tons a year by 2015, about 50 percent of the power sector’s exp ...
Thursday, 22 July 10
BERAUS IPO NEXT MONTH CAN BECOME THE LARGEST THIS YEAR - THE JAKARTA POST
The Jakarta Post reported that, Indonesia’s fifth largest coal miner PT Berau Coal Energy Tbk will launch its initial public offering (IPO) ne ...
Thursday, 22 July 10
DRY BULK MARKET EDGES HIGHER, BUT RECOVERY IS SLOW
The dry bulk market’s recovery, which started last Friday has sustained its momentum thus far, but the pace of it seems to be an agonizing one ...
Wednesday, 21 July 10
CHARTER RATES FOR BIG SHIPS GO INTO FREEFALL
It is reported that concerns over the slowdown in the mainland construction sector posturing over ore price negotiations and a general summer slowdo ...
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- India Bulls Power Limited - India
- Simpson Spence & Young - Indonesia
- Economic Council, Georgia
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- MS Steel International - UAE
- IHS Mccloskey Coal Group - USA
- Wood Mackenzie - Singapore
- Mercuria Energy - Indonesia
- Singapore Mercantile Exchange
- Gujarat Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- Global Coal Blending Company Limited - Australia
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining Corp, Philippines
- Trasteel International SA, Italy
- Sical Logistics Limited - India
- Sarangani Energy Corporation, Philippines
- Coalindo Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- PowerSource Philippines DevCo
- Kideco Jaya Agung - Indonesia
- Directorate Of Revenue Intelligence - India
- The University of Queensland
- Electricity Authority, New Zealand
- Siam City Cement - Thailand
- Siam City Cement PLC, Thailand
- Parry Sugars Refinery, India
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- AsiaOL BioFuels Corp., Philippines
- Power Finance Corporation Ltd., India
- Semirara Mining and Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
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- Xindia Steels Limited - India
- VISA Power Limited - India
- Deloitte Consulting - India
- Bhushan Steel Limited - India
- Eastern Coal Council - USA
- Africa Commodities Group - South Africa
- New Zealand Coal & Carbon
- The Treasury - Australian Government
- Bhatia International Limited - India
- Merrill Lynch Commodities Europe
- Central Electricity Authority - India
- McConnell Dowell - Australia
- Thiess Contractors Indonesia
- SN Aboitiz Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Coastal Gujarat Power Limited - India
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- Banpu Public Company Limited - Thailand
- London Commodity Brokers - England
- Indika Energy - Indonesia
- Thai Mozambique Logistica
- Petron Corporation, Philippines
- Anglo American - United Kingdom
- Attock Cement Pakistan Limited
- Rashtriya Ispat Nigam Limited - India
- Renaissance Capital - South Africa
- Electricity Generating Authority of Thailand
- Cigading International Bulk Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Manunggal Multi Energi - Indonesia
- Cement Manufacturers Association - India
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- Kepco SPC Power Corporation, Philippines
- Australian Coal Association
- Vijayanagar Sugar Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
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- Georgia Ports Authority, United States
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- Tata Chemicals Ltd - India
- Heidelberg Cement - Germany
- Kohat Cement Company Ltd. - Pakistan
- CNBM International Corporation - China
- CIMB Investment Bank - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
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- Sojitz Corporation - Japan
- Indian Oil Corporation Limited
- GMR Energy Limited - India
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- The State Trading Corporation of India Ltd
- Samtan Co., Ltd - South Korea
- Standard Chartered Bank - UAE
- Gujarat Sidhee Cement - India
- San Jose City I Power Corp, Philippines
- Indogreen Group - Indonesia
- GVK Power & Infra Limited - India
- Antam Resourcindo - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Latin American Coal - Colombia
- Binh Thuan Hamico - Vietnam
- ICICI Bank Limited - India
- Kapuas Tunggal Persada - Indonesia
- Makarim & Taira - Indonesia
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- Interocean Group of Companies - India
- OPG Power Generation Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Independent Power Producers Association of India
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- Sindya Power Generating Company Private Ltd
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Carbofer General Trading SA - India
- Goldman Sachs - Singapore
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- Straits Asia Resources Limited - Singapore
- Global Green Power PLC Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Larsen & Toubro Limited - India
- Therma Luzon, Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Barasentosa Lestari - Indonesia
- Grasim Industreis Ltd - India
- Energy Link Ltd, New Zealand
- GAC Shipping (India) Pvt Ltd
- Pendopo Energi Batubara - Indonesia
- Global Business Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Oldendorff Carriers - Singapore
- Wilmar Investment Holdings
- Minerals Council of Australia
- Eastern Energy - Thailand
- Medco Energi Mining Internasional
- Uttam Galva Steels Limited - India
- Mjunction Services Limited - India
- Holcim Trading Pte Ltd - Singapore
- Edison Trading Spa - Italy
- European Bulk Services B.V. - Netherlands
- Bulk Trading Sa - Switzerland
- Coal and Oil Company - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Timah Investasi Mineral - Indoneisa
- Formosa Plastics Group - Taiwan
- Intertek Mineral Services - Indonesia
- Savvy Resources Ltd - HongKong
- Baramulti Group, Indonesia
- Indonesian Coal Mining Association
- Meralco Power Generation, Philippines
- Aditya Birla Group - India
- PTC India Limited - India
- Parliament of New Zealand
- Orica Australia Pty. Ltd.
- Bangladesh Power Developement Board
- Karaikal Port Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Rio Tinto Coal - Australia
- PetroVietnam Power Coal Import and Supply Company
- Kumho Petrochemical, South Korea
- Romanian Commodities Exchange
- Kobexindo Tractors - Indoneisa
- Commonwealth Bank - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kartika Selabumi Mining - Indonesia
- Jaiprakash Power Ventures ltd
- Planning Commission, India
- International Coal Ventures Pvt Ltd - India
- Australian Commodity Traders Exchange
- Chamber of Mines of South Africa
- Iligan Light & Power Inc, Philippines
- Ministry of Finance - Indonesia
- ASAPP Information Group - India
- Leighton Contractors Pty Ltd - Australia
- Videocon Industries ltd - India
- Bharathi Cement Corporation - India
- Agrawal Coal Company - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Mining Services - Indonesia
- Ind-Barath Power Infra Limited - India
- Ministry of Transport, Egypt
- Ministry of Mines - Canada
- Energy Development Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Madhucon Powers Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- Miang Besar Coal Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Maheswari Brothers Coal Limited - India
- Indian Energy Exchange, India
- Asmin Koalindo Tuhup - Indonesia
- LBH Netherlands Bv - Netherlands
- Indo Tambangraya Megah - Indonesia
- Price Waterhouse Coopers - Russia
- SMG Consultants - Indonesia
- Bukit Baiduri Energy - Indonesia
- Tamil Nadu electricity Board
- Marubeni Corporation - India
- Malabar Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Billiton Holdings Pty Ltd - Australia
- White Energy Company Limited
- South Luzon Thermal Energy Corporation
- Kaltim Prima Coal - Indonesia
- SMC Global Power, Philippines
- Vedanta Resources Plc - India
- Globalindo Alam Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Lanco Infratech Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Mintek Dendrill Indonesia
- Sakthi Sugars Limited - India
- Mercator Lines Limited - India
- Star Paper Mills Limited - India
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