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Friday, 22 June 12
PRESENT SPOT WEAKNESS IS TEMPORARY, SEASONAL AND RISE AS WINTER APPROACHES - BUMI
COALspot.com - PT Bumi Resources Tbk, the world’s one of the largest coal producer and Indonesia’s largest multi grade coal miner has no plan to review their existing expansion plan for 2013 due to current coal price weakness. According to Dileep Srivastava' company’s corporate secretary’s E-mail note Bumi will stand on their 2013 expansion plan without any change.
"We view present spot weakness as temporary, seasonal and rise as winter approaches", Dileep shows his optimistic on future coal prices.
Bumi is also planning to drop strip ratio to 10:1 this year (vs 11.5:1 last year) to keep their production cost under control. Bumi supplies 20% of its total production to domestic market and remaining 80% for export market.
“Japan, India & China are account for 50% of our exports. Taiwan, Hong Kong, South Korea, Malaysia and Philippines are the rest with some to Europe”, he replied in E-mail.
Due to sudden dropped in coal prices there were number of cancellation or delay in performing coal shipments including re-negotiation on contracted prices from Indonesia. However, Its seems that, BUMI has not affected delays or cancellation. “A shipment delay or two (including local) but no request for re-pricing” Bumi’s note says.
According to Dileep, Bumi’s 67% of year '12 estimated production (of 75 m tons) has been contracted at fixed price. The contracted price was at around +$85/ton FOB. The remaining 15% of quantity has been sold index linked price (GCNEWC index (global Newcastle) for Asia Market) with a fixed premium. (updated on 23/6/2012 - 00:08 SG time)
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Friday, 08 June 12
NO IMMEDIATE IMPACT ON ADARO'S RATING FROM BEP TRANSACTION - FITCH RATINGS
Fitch Ratings has said that PT Adaro Indonesia's (Adaro, 'BB+'/ Stable) ratings are not immediately affected by its parent PT Adaro Energy Tbk's ...
Thursday, 07 June 12
DRY BULK MARKET FALLS FOR 10 STRAIGHT SESSION ON OVERSUPPLY PROBLEMS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A resurgence of oversupply, coupled with national holidays in various parts of the world has contributed to yet another fall of the dry bulk market ...
Thursday, 07 June 12
COAL EXPORT TAX NOT RATIONAL: MINISTER - THE JAKARTA POST
Trade Minister Gita Wirjawan has criticized as irrational the idea to restrict coal exports by imposing an export tax, According to The Jakarta post ...
Thursday, 07 June 12
BY 2022 PLN IS EXPECTED TO BURN AROUND 125 MILLION TONS OF COAL
COALspot.com - Indonesia's state owned electricity company's (PLN) coal consumption is expected to reach 125.7 million tons by 2012.
Nur Pamudj ...
Wednesday, 06 June 12
INDONESIAN GOVERNMENT'S DECLARED COAL PRICES CONTINUING ITS DECLINE
COALspot.com - Indonesian HBA fell to lowest level since January 2011 in June 2012. The monthly coal reference price for coal sales this month ...
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Showing 4701 to 4705 news of total 6871 |
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- Lanco Infratech Ltd - India
- Banpu Public Company Limited - Thailand
- Standard Chartered Bank - UAE
- International Coal Ventures Pvt Ltd - India
- The University of Queensland
- Gujarat Mineral Development Corp Ltd - India
- Karaikal Port Pvt Ltd - India
- Parry Sugars Refinery, India
- Krishnapatnam Port Company Ltd. - India
- Formosa Plastics Group - Taiwan
- Indo Tambangraya Megah - Indonesia
- Meenaskhi Energy Private Limited - India
- Barasentosa Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- ICICI Bank Limited - India
- Miang Besar Coal Terminal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Mintek Dendrill Indonesia
- Gujarat Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement PLC, Thailand
- Timah Investasi Mineral - Indoneisa
- Indian Energy Exchange, India
- Central Electricity Authority - India
- Parliament of New Zealand
- Indogreen Group - Indonesia
- Kobexindo Tractors - Indoneisa
- Bulk Trading Sa - Switzerland
- Trasteel International SA, Italy
- Mercator Lines Limited - India
- Rashtriya Ispat Nigam Limited - India
- McConnell Dowell - Australia
- Star Paper Mills Limited - India
- Pendopo Energi Batubara - Indonesia
- London Commodity Brokers - England
- Dalmia Cement Bharat India
- Makarim & Taira - Indonesia
- GMR Energy Limited - India
- Electricity Authority, New Zealand
- Merrill Lynch Commodities Europe
- Altura Mining Limited, Indonesia
- Aditya Birla Group - India
- Minerals Council of Australia
- Kaltim Prima Coal - Indonesia
- Tamil Nadu electricity Board
- The State Trading Corporation of India Ltd
- IHS Mccloskey Coal Group - USA
- Billiton Holdings Pty Ltd - Australia
- Chamber of Mines of South Africa
- Bhushan Steel Limited - India
- Jaiprakash Power Ventures ltd
- Orica Australia Pty. Ltd.
- Manunggal Multi Energi - Indonesia
- Antam Resourcindo - Indonesia
- Mjunction Services Limited - India
- Central Java Power - Indonesia
- Ministry of Finance - Indonesia
- GVK Power & Infra Limited - India
- Planning Commission, India
- New Zealand Coal & Carbon
- Ministry of Transport, Egypt
- Madhucon Powers Ltd - India
- Eastern Energy - Thailand
- Sree Jayajothi Cements Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Rio Tinto Coal - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Attock Cement Pakistan Limited
- Eastern Coal Council - USA
- Mercuria Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Green Power PLC Corporation, Philippines
- Australian Coal Association
- Uttam Galva Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Thiess Contractors Indonesia
- Thai Mozambique Logistica
- Semirara Mining Corp, Philippines
- Renaissance Capital - South Africa
- CIMB Investment Bank - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Bukit Baiduri Energy - Indonesia
- Interocean Group of Companies - India
- Coastal Gujarat Power Limited - India
- Baramulti Group, Indonesia
- LBH Netherlands Bv - Netherlands
- Cement Manufacturers Association - India
- Xindia Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Coal and Oil Company - UAE
- Kohat Cement Company Ltd. - Pakistan
- Goldman Sachs - Singapore
- Anglo American - United Kingdom
- Larsen & Toubro Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Directorate Of Revenue Intelligence - India
- Sinarmas Energy and Mining - Indonesia
- ASAPP Information Group - India
- Binh Thuan Hamico - Vietnam
- Riau Bara Harum - Indonesia
- Savvy Resources Ltd - HongKong
- Jindal Steel & Power Ltd - India
- Bayan Resources Tbk. - Indonesia
- VISA Power Limited - India
- Siam City Cement - Thailand
- Edison Trading Spa - Italy
- Meralco Power Generation, Philippines
- Indonesian Coal Mining Association
- Aboitiz Power Corporation - Philippines
- Gujarat Sidhee Cement - India
- Kalimantan Lumbung Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Ambuja Cements Ltd - India
- Electricity Generating Authority of Thailand
- Latin American Coal - Colombia
- Karbindo Abesyapradhi - Indoneisa
- Vedanta Resources Plc - India
- Tata Chemicals Ltd - India
- TeaM Sual Corporation - Philippines
- Global Business Power Corporation, Philippines
- SMG Consultants - Indonesia
- Price Waterhouse Coopers - Russia
- AsiaOL BioFuels Corp., Philippines
- MS Steel International - UAE
- Wood Mackenzie - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Borneo Indobara - Indonesia
- Carbofer General Trading SA - India
- Petrochimia International Co. Ltd.- Taiwan
- Orica Mining Services - Indonesia
- Sical Logistics Limited - India
- Energy Development Corp, Philippines
- Coalindo Energy - Indonesia
- PowerSource Philippines DevCo
- Georgia Ports Authority, United States
- Independent Power Producers Association of India
- Petron Corporation, Philippines
- PTC India Limited - India
- Samtan Co., Ltd - South Korea
- Leighton Contractors Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- The Treasury - Australian Government
- Bharathi Cement Corporation - India
- Wilmar Investment Holdings
- Singapore Mercantile Exchange
- Simpson Spence & Young - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Global Coal Blending Company Limited - Australia
- Australian Commodity Traders Exchange
- South Luzon Thermal Energy Corporation
- Holcim Trading Pte Ltd - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Mines - Canada
- Pipit Mutiara Jaya. PT, Indonesia
- Therma Luzon, Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- India Bulls Power Limited - India
- Globalindo Alam Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Essar Steel Hazira Ltd - India
- IEA Clean Coal Centre - UK
- Metalloyd Limited - United Kingdom
- Intertek Mineral Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Kartika Selabumi Mining - Indonesia
- Posco Energy - South Korea
- Bukit Makmur.PT - Indonesia
- Malabar Cements Ltd - India
- Bangladesh Power Developement Board
- PetroVietnam Power Coal Import and Supply Company
- Bhatia International Limited - India
- Straits Asia Resources Limited - Singapore
- Medco Energi Mining Internasional
- OPG Power Generation Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Indian Oil Corporation Limited
- Salva Resources Pvt Ltd - India
- Marubeni Corporation - India
- Videocon Industries ltd - India
- Heidelberg Cement - Germany
- Agrawal Coal Company - India
- Energy Link Ltd, New Zealand
- Sakthi Sugars Limited - India
- Power Finance Corporation Ltd., India
- Indika Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Grasim Industreis Ltd - India
- Romanian Commodities Exchange
- White Energy Company Limited
- CNBM International Corporation - China
- Deloitte Consulting - India
- Economic Council, Georgia
- SMC Global Power, Philippines
- Africa Commodities Group - South Africa
- Kumho Petrochemical, South Korea
- Directorate General of MIneral and Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhoruka Overseas - Indonesia
- Kepco SPC Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Sojitz Corporation - Japan
- Iligan Light & Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vizag Seaport Private Limited - India
- Commonwealth Bank - Australia
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