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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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Tuesday, 20 July 10
DRY BULK SHIPPING MARKET FINDING SOME SUPPORT, AS OWNERS TAKE CAPE SIZES OFF THE MARKET
With the Baltic Dry Index finally having reached bottom, at least according to market analysts, the dry bulk industry is looking to begin its long r ...
Monday, 19 July 10
INDONESIA EXPORTS 24.49 MILLION TONNES OF COAL IN JUNE 2010
COALspot.com: Indonesia, the world largest coal exporter, exported 141.249 million tons of coal in the first half of this year. In June 2010, Indone ...
Monday, 19 July 10
CHINA ONCE AGAIN DOMINATING SHIPPING FREIGHT RATES, WHILE OVERSUPPLY OF TONNAGE RAISES CONCERN
The ending of the week brought a cheerful note among dry bulk ship owners, as the sinking benchmark of the industry, the Baltic Dry Index (BDI) fina ...
Saturday, 17 July 10
THE DRY BULK MARKET CONTINUED THE DOWNWARD TREND - VISTAAR
COALspot.com: The indices continued the downward trend this week also with BDI at 1,720 points and cape size index at 1676 points and the charter ra ...
Saturday, 17 July 10
BULLISH OUTLOOK FOR COKING COAL - MINING MX & HELLENIC SHIPPING
Mining Mx reported that, the coking coal market has better long-term fundamentals than the iron ore market, according to a recent research rep ...
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- Kalimantan Lumbung Energi - Indonesia
- Interocean Group of Companies - India
- GVK Power & Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Heidelberg Cement - Germany
- Central Electricity Authority - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Bharathi Cement Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Wilmar Investment Holdings
- Bukit Makmur.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Formosa Plastics Group - Taiwan
- Riau Bara Harum - Indonesia
- Georgia Ports Authority, United States
- London Commodity Brokers - England
- Miang Besar Coal Terminal - Indonesia
- Borneo Indobara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Mintek Dendrill Indonesia
- Trasteel International SA, Italy
- Rashtriya Ispat Nigam Limited - India
- VISA Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Simpson Spence & Young - Indonesia
- Indian Energy Exchange, India
- PowerSource Philippines DevCo
- TeaM Sual Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Energy Link Ltd, New Zealand
- Goldman Sachs - Singapore
- IEA Clean Coal Centre - UK
- The State Trading Corporation of India Ltd
- Economic Council, Georgia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karaikal Port Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Standard Chartered Bank - UAE
- Global Coal Blending Company Limited - Australia
- ASAPP Information Group - India
- Renaissance Capital - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Energy Development Corp, Philippines
- Coal and Oil Company - UAE
- Kapuas Tunggal Persada - Indonesia
- McConnell Dowell - Australia
- Agrawal Coal Company - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Antam Resourcindo - Indonesia
- Semirara Mining Corp, Philippines
- Australian Coal Association
- Orica Australia Pty. Ltd.
- LBH Netherlands Bv - Netherlands
- Mercuria Energy - Indonesia
- Baramulti Group, Indonesia
- Port Waratah Coal Services - Australia
- Romanian Commodities Exchange
- Bhushan Steel Limited - India
- Madhucon Powers Ltd - India
- Africa Commodities Group - South Africa
- Xindia Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- Vedanta Resources Plc - India
- Pendopo Energi Batubara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thai Mozambique Logistica
- Lanco Infratech Ltd - India
- Indogreen Group - Indonesia
- Eastern Coal Council - USA
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Transport, Egypt
- Directorate Of Revenue Intelligence - India
- Sree Jayajothi Cements Limited - India
- Petron Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Ambuja Cements Ltd - India
- Minerals Council of Australia
- Latin American Coal - Colombia
- Merrill Lynch Commodities Europe
- Aditya Birla Group - India
- Billiton Holdings Pty Ltd - Australia
- PTC India Limited - India
- Thiess Contractors Indonesia
- Singapore Mercantile Exchange
- Parry Sugars Refinery, India
- Global Business Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Price Waterhouse Coopers - Russia
- Parliament of New Zealand
- Attock Cement Pakistan Limited
- Cigading International Bulk Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Barasentosa Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Kepco SPC Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Uttam Galva Steels Limited - India
- Coastal Gujarat Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- GAC Shipping (India) Pvt Ltd
- Carbofer General Trading SA - India
- Banpu Public Company Limited - Thailand
- Star Paper Mills Limited - India
- Vizag Seaport Private Limited - India
- New Zealand Coal & Carbon
- Sindya Power Generating Company Private Ltd
- Globalindo Alam Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Ministry of Finance - Indonesia
- Bukit Baiduri Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- The Treasury - Australian Government
- Electricity Authority, New Zealand
- Rio Tinto Coal - Australia
- Jorong Barutama Greston.PT - Indonesia
- Essar Steel Hazira Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Dalmia Cement Bharat India
- Krishnapatnam Port Company Ltd. - India
- Indo Tambangraya Megah - Indonesia
- PNOC Exploration Corporation - Philippines
- Bulk Trading Sa - Switzerland
- South Luzon Thermal Energy Corporation
- Kartika Selabumi Mining - Indonesia
- SMG Consultants - Indonesia
- Mercator Lines Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Marubeni Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Power Finance Corporation Ltd., India
- MS Steel International - UAE
- Wood Mackenzie - Singapore
- Kaltim Prima Coal - Indonesia
- Ministry of Mines - Canada
- International Coal Ventures Pvt Ltd - India
- Deloitte Consulting - India
- Metalloyd Limited - United Kingdom
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- White Energy Company Limited
- Siam City Cement - Thailand
- The University of Queensland
- CIMB Investment Bank - Malaysia
- Bhoruka Overseas - Indonesia
- Savvy Resources Ltd - HongKong
- Coalindo Energy - Indonesia
- Australian Commodity Traders Exchange
- Siam City Cement PLC, Thailand
- Commonwealth Bank - Australia
- SMC Global Power, Philippines
- CNBM International Corporation - China
- Makarim & Taira - Indonesia
- Gujarat Sidhee Cement - India
- Eastern Energy - Thailand
- Bhatia International Limited - India
- Bayan Resources Tbk. - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Indian Oil Corporation Limited
- Cement Manufacturers Association - India
- Bangladesh Power Developement Board
- Sakthi Sugars Limited - India
- European Bulk Services B.V. - Netherlands
- SN Aboitiz Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Sojitz Corporation - Japan
- Grasim Industreis Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Toyota Tsusho Corporation, Japan
- Iligan Light & Power Inc, Philippines
- Larsen & Toubro Limited - India
- Malabar Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Chettinad Cement Corporation Ltd - India
- San Jose City I Power Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Kumho Petrochemical, South Korea
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- Therma Luzon, Inc, Philippines
- Edison Trading Spa - Italy
- Indonesian Coal Mining Association
- India Bulls Power Limited - India
- Tata Chemicals Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- IHS Mccloskey Coal Group - USA
- Indika Energy - Indonesia
- Planning Commission, India
- Orica Mining Services - Indonesia
- Ind-Barath Power Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- GMR Energy Limited - India
- Chamber of Mines of South Africa
- Mjunction Services Limited - India
- Central Java Power - Indonesia
- Salva Resources Pvt Ltd - India
- Independent Power Producers Association of India
- Straits Asia Resources Limited - Singapore
- Anglo American - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Posco Energy - South Korea
- Tamil Nadu electricity Board
- Meralco Power Generation, Philippines
- Medco Energi Mining Internasional
- Maheswari Brothers Coal Limited - India
- Kideco Jaya Agung - Indonesia
- Videocon Industries ltd - India
- Samtan Co., Ltd - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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