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Thursday, 28 July 11
PTBA'S COAL PRICES UP IN H1 2011
COALspot.com - Bukit Asam’s coal prices in the second half of 2011 will expected to be higher than the first half of this year, said Sukrisno, President Director of PT Tambang Coal Bukit Asam Tbk. In addition to higher prices, coal productions of PTBA will also be increased significantly in second half.
“We are targeting to produce 15 million tons of coal by the end of 2011. We have already sold 6.57 million tons of coal in first half of this year, which is 2 percent higher than the same period in 2010. The current coal market is good ," added Sukrisno.
According to the announcement of the Bukit Asam, the average selling price of Bukit Asam coal for the domestic market in the first half of 2011 was around to Rp 763,405/ton (US$ 89.9711 ), up 27 percent compared to the same period in 2011.
PTBA’s selling price for the first half of 2010 was only Rp 601,106/ton (US$ 70.8434).
However the first quarter of 2011, the average selling price was at Rp 751,457/ton (US$ 88.5630 ), up 35 percent compared to 1Q of 2010. The average selling price for the export market was also increased 61 percent to U.S. $ 98.45 / ton, he explained.
The production cost of PTBA has not changed significantly as the Oil prices are currently at stable or flat condition. In additions that, Bukit Asam is not entirely using oil for coal production and about 55 percent of the production or mining activities were done based on electricity power.
Bukit Asam, the state owned coal miner is seeing a good and promising future for its coal and company.
To contact the reporter to responsible on this story: Efendi at efendi@coalspot.com
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Sunday, 31 July 11
CAPES ARE TRADING BELOW $ 9500 PER DAY - VISTAAR
COALspot.com - The BDI further softened by 4.46 pct and closed at 1264 points which touched below 1300 points after long time. The Cape and Panamax ...
Friday, 29 July 11
5300 ADB COAL WILL BE AT US$ 60/TON IN THIS QUARTER - RAIN
COALspot.com - PT Resource Alam Indonesia Tbk (KKGI) seeing the average selling price of its coal for the third quarter of this year will increase t ...
Thursday, 28 July 11
RESOURCE ALAM 1H PROFIT SURGES 208 PERCENT
Indonesia's tenth largest coal miner in term of concessions, PT Resource Alam Indonesia (KKGI), part of Rain Group, today reported a skyrocket net ...
Thursday, 28 July 11
DRY BULK MARKET EDGES FURTHER DOWN ON ADDED PRESSURE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The Baltic Dry Index (BDI), an indicator of dry bulk freight rates has reached new lows this week, with yesterday’s session ending further dow ...
Wednesday, 27 July 11
BLACKSTONE TO INVEST INR 5,000 MILLION (APPRX. US$ 111 MILLION) IN VISA POWER
Press Release - The Blackstone Group (NYSE: BX) today announced that it will be investing INR 5,000 million (c. USD 111 million) in VISA Power ...
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- Neyveli Lignite Corporation Ltd, - India
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- Indo Tambangraya Megah - Indonesia
- ICICI Bank Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Global Business Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Trasteel International SA, Italy
- India Bulls Power Limited - India
- Standard Chartered Bank - UAE
- Sinarmas Energy and Mining - Indonesia
- PTC India Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercuria Energy - Indonesia
- Bhushan Steel Limited - India
- Power Finance Corporation Ltd., India
- Kartika Selabumi Mining - Indonesia
- Sindya Power Generating Company Private Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- Coal and Oil Company - UAE
- Petron Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- The University of Queensland
- Latin American Coal - Colombia
- Holcim Trading Pte Ltd - Singapore
- Rio Tinto Coal - Australia
- Anglo American - United Kingdom
- Malabar Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Ind-Barath Power Infra Limited - India
- Energy Development Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Baramulti Group, Indonesia
- Bangladesh Power Developement Board
- Salva Resources Pvt Ltd - India
- Deloitte Consulting - India
- European Bulk Services B.V. - Netherlands
- Ambuja Cements Ltd - India
- PowerSource Philippines DevCo
- Siam City Cement - Thailand
- Larsen & Toubro Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Medco Energi Mining Internasional
- Ministry of Finance - Indonesia
- Iligan Light & Power Inc, Philippines
- Electricity Authority, New Zealand
- Formosa Plastics Group - Taiwan
- Wood Mackenzie - Singapore
- Kobexindo Tractors - Indoneisa
- Bukit Makmur.PT - Indonesia
- IEA Clean Coal Centre - UK
- Chamber of Mines of South Africa
- Planning Commission, India
- Mintek Dendrill Indonesia
- Leighton Contractors Pty Ltd - Australia
- Goldman Sachs - Singapore
- Coalindo Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Agrawal Coal Company - India
- London Commodity Brokers - England
- Bhatia International Limited - India
- Tamil Nadu electricity Board
- Gujarat Sidhee Cement - India
- Simpson Spence & Young - Indonesia
- Aditya Birla Group - India
- Orica Mining Services - Indonesia
- GMR Energy Limited - India
- Metalloyd Limited - United Kingdom
- Ministry of Mines - Canada
- Wilmar Investment Holdings
- Kumho Petrochemical, South Korea
- Karaikal Port Pvt Ltd - India
- MS Steel International - UAE
- SN Aboitiz Power Inc, Philippines
- Interocean Group of Companies - India
- Sakthi Sugars Limited - India
- Sical Logistics Limited - India
- LBH Netherlands Bv - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Essar Steel Hazira Ltd - India
- Minerals Council of Australia
- Thai Mozambique Logistica
- Kaltim Prima Coal - Indonesia
- Cement Manufacturers Association - India
- The Treasury - Australian Government
- Miang Besar Coal Terminal - Indonesia
- Posco Energy - South Korea
- Energy Link Ltd, New Zealand
- White Energy Company Limited
- Australian Commodity Traders Exchange
- Karbindo Abesyapradhi - Indoneisa
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- South Luzon Thermal Energy Corporation
- Global Green Power PLC Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Renaissance Capital - South Africa
- Africa Commodities Group - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Samtan Co., Ltd - South Korea
- CNBM International Corporation - China
- AsiaOL BioFuels Corp., Philippines
- Bukit Baiduri Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- SMG Consultants - Indonesia
- Romanian Commodities Exchange
- Attock Cement Pakistan Limited
- SMC Global Power, Philippines
- Sojitz Corporation - Japan
- Maheswari Brothers Coal Limited - India
- Merrill Lynch Commodities Europe
- Carbofer General Trading SA - India
- Central Java Power - Indonesia
- Timah Investasi Mineral - Indoneisa
- Australian Coal Association
- Makarim & Taira - Indonesia
- ASAPP Information Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- Commonwealth Bank - Australia
- Madhucon Powers Ltd - India
- CIMB Investment Bank - Malaysia
- Tata Chemicals Ltd - India
- Indian Oil Corporation Limited
- Altura Mining Limited, Indonesia
- Central Electricity Authority - India
- Jorong Barutama Greston.PT - Indonesia
- Mjunction Services Limited - India
- Price Waterhouse Coopers - Russia
- Bhoruka Overseas - Indonesia
- Eastern Energy - Thailand
- Vedanta Resources Plc - India
- Parry Sugars Refinery, India
- Bahari Cakrawala Sebuku - Indonesia
- TeaM Sual Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Thiess Contractors Indonesia
- International Coal Ventures Pvt Ltd - India
- Xindia Steels Limited - India
- Indian Energy Exchange, India
- Bharathi Cement Corporation - India
- Kideco Jaya Agung - Indonesia
- Kepco SPC Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Barasentosa Lestari - Indonesia
- Singapore Mercantile Exchange
- Vizag Seaport Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Intertek Mineral Services - Indonesia
- Riau Bara Harum - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- GAC Shipping (India) Pvt Ltd
- Semirara Mining Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Toyota Tsusho Corporation, Japan
- Indogreen Group - Indonesia
- Grasim Industreis Ltd - India
- Videocon Industries ltd - India
- Economic Council, Georgia
- Indonesian Coal Mining Association
- Krishnapatnam Port Company Ltd. - India
- Coastal Gujarat Power Limited - India
- GVK Power & Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Edison Trading Spa - Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- VISA Power Limited - India
- Antam Resourcindo - Indonesia
- Alfred C Toepfer International GmbH - Germany
- PNOC Exploration Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Directorate Of Revenue Intelligence - India
- Uttam Galva Steels Limited - India
- Orica Australia Pty. Ltd.
- Star Paper Mills Limited - India
- Dalmia Cement Bharat India
- Bulk Trading Sa - Switzerland
- McConnell Dowell - Australia
- Georgia Ports Authority, United States
- Aboitiz Power Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Jaiprakash Power Ventures ltd
- Parliament of New Zealand
- Semirara Mining and Power Corporation, Philippines
- Marubeni Corporation - India
- Electricity Generating Authority of Thailand
- Borneo Indobara - Indonesia
- Sree Jayajothi Cements Limited - India
- Meralco Power Generation, Philippines
- Savvy Resources Ltd - HongKong
- Heidelberg Cement - Germany
- Lanco Infratech Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- IHS Mccloskey Coal Group - USA
- Independent Power Producers Association of India
- GN Power Mariveles Coal Plant, Philippines
- Indika Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- The State Trading Corporation of India Ltd
- Banpu Public Company Limited - Thailand
- Oldendorff Carriers - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercator Lines Limited - India
- Global Coal Blending Company Limited - Australia
- New Zealand Coal & Carbon
- Siam City Cement PLC, Thailand
- Therma Luzon, Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Transport, Egypt
- Port Waratah Coal Services - Australia
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