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Wednesday, 04 March 09
COAL: GLOBAL DEMAND WEAKENS


The Jakarta Post reported that, While coal prices were stickier on the way down compared to other commodities like oil, the Newcastle price now suggests coal prices have begun to play catch-up, following trends in oil prices down by 14 percent week-on-week and 21 percent since the start of the year to US$65.32 per ton.

These time-lagged price movements should only be temporary and are caused mostly by the carried over impact of completed contracts.

The recent plunge in coal prices have been caused by the build-up of Australian metallurgical coal supplies, entering the global thermal coal market, hence intensifying competition further.

To read more click
The Jakarta Post  



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Friday, 01 June 12
COKAL ACCEPTED ON THE CLEAN AND CLEAR LIST FOR ITS BORNEO BARA PRIMA AND BUMI BARITO MINERAL PROJECTS
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Friday, 01 June 12
ADARO BUYS MAJORITY STAKE IN AFFILIATED BHAKTI ENERGI - INSIDER STORIES
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Thursday, 31 May 12
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Wednesday, 30 May 12
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Wednesday, 30 May 12
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