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Saturday, 10 October 09
PT BUMI RESOURCES TO EXPECT 2010 ELECTRIC AND COAL PRICE UP TO US$ 100/T
Indonesia coal producer, PT Bumi Resources recently stated that the revival of the global economy pushes up the demand from power plants and steel manufacturers, the electric and coal price in 2010 may rise by over 40%.
Dileep Srivastava, senior deputy chief executive officer of PT Bumi Resources investors' relationship noted that due to the recovering Asian economy and increasing investment in coal industry, Japan power plants may raise the steam coal price in the fourth quarter of 2010 to around US$100 per ton.
Dileep Srivastava expressed on October 9 in Singapore that the coal demand from China, India and Indonesia will maintain the price higher, however, the demand from the developed countries will continue stay normal.
PT Bumi Resources estimated that the average price of coal mines excluding the freight and other charges is US$61-62 per ton, while the price in 2008 was US$73.30 per ton.
Srivatsava said that the recovering steel demand may tie down the heat energy coal supply and boost the price.
According to the report on October 6, because the global crude steel production in 2010 will climb by 12% to 1.4bln tons setting a record, the hard coking coal price may soar to US$180 per ton from the previous expectation's US$155 per ton.
Srivastava added that PT Bumi Resources plans to increase the coal exports to China and India in 2012 and its production will hike to 100mln tons from last year's 53mln tons, 20% of output to be exported to China and India.
Source: Alibaba
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Tuesday, 17 November 09
JSW STEEL MAY SPEND $500 MILLION TO ACQUIRE COAL MINES OVERSEAS
JSW Steel Ltd., India’s third- biggest producer, may spend $500 million buying coal mines overseas, securing supplies for its local expansion. ...
Monday, 16 November 09
141 VESSELS ARE EXPECTED TO LOAD 8.833 MILLION TONS OF INDONESIAN COAL BEFORE 30 NOVEMBER 2009
COALspot.com (Indonesia): 141 vessels are expected to load or sail with 8.833 million tons of Indonesian coal before 30 November 2009.
A source f ...
Sunday, 15 November 09
NALCO SHELVES SA PROJECT- PUTS IRAN PROJECT ON HOLD
The Economic Times reported that, In a twin decision on its global operations involving about Rs 27,000-crore (US$ 5.847billions) investment, the st ...
Saturday, 14 November 09
SHORT PERIOD RATES FOR SUPRAMAX WAS AT US$ 19,000 / 20,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - VISTAAR SINGAPORE
COALspot.com (Singaproe): BDI continues to rally crossing the 4,000 mark. The BDI increased this week by 718 points up by 21 pct and closed at 4,111 ...
Saturday, 14 November 09
CHINA HAS BEEN THE LARGEST SINGLE BUYER OF INDONESIAN COAL IN OCTOBER, TAKING 24.37% OF TOTAL EXPORT QUANTITY OF 22.637 MILLION TONS
COALspot.com (Indonesia): China has been the largest single buyer of Indonesian coal in October 2009, taking 24.37% of total export quantity o ...
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- Thiess Contractors Indonesia
- Siam City Cement PLC, Thailand
- Renaissance Capital - South Africa
- Eastern Coal Council - USA
- Karaikal Port Pvt Ltd - India
- Anglo American - United Kingdom
- PTC India Limited - India
- Economic Council, Georgia
- The Treasury - Australian Government
- Antam Resourcindo - Indonesia
- New Zealand Coal & Carbon
- Singapore Mercantile Exchange
- Straits Asia Resources Limited - Singapore
- Barasentosa Lestari - Indonesia
- TeaM Sual Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Energy Development Corp, Philippines
- Independent Power Producers Association of India
- PNOC Exploration Corporation - Philippines
- ICICI Bank Limited - India
- Coastal Gujarat Power Limited - India
- Lanco Infratech Ltd - India
- Bangladesh Power Developement Board
- Sinarmas Energy and Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kobexindo Tractors - Indoneisa
- Minerals Council of Australia
- Australian Coal Association
- Globalindo Alam Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Rashtriya Ispat Nigam Limited - India
- Kapuas Tunggal Persada - Indonesia
- Global Business Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- India Bulls Power Limited - India
- Posco Energy - South Korea
- Petron Corporation, Philippines
- Coal and Oil Company - UAE
- Energy Link Ltd, New Zealand
- Price Waterhouse Coopers - Russia
- Global Green Power PLC Corporation, Philippines
- Standard Chartered Bank - UAE
- Riau Bara Harum - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Tata Chemicals Ltd - India
- Metalloyd Limited - United Kingdom
- Merrill Lynch Commodities Europe
- Global Coal Blending Company Limited - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Malabar Cements Ltd - India
- White Energy Company Limited
- International Coal Ventures Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Aboitiz Power Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Central Java Power - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement - Thailand
- Bukit Makmur.PT - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Savvy Resources Ltd - HongKong
- Kumho Petrochemical, South Korea
- Formosa Plastics Group - Taiwan
- Therma Luzon, Inc, Philippines
- Port Waratah Coal Services - Australia
- Australian Commodity Traders Exchange
- Heidelberg Cement - Germany
- Semirara Mining and Power Corporation, Philippines
- Chamber of Mines of South Africa
- Indian Oil Corporation Limited
- Indika Energy - Indonesia
- MS Steel International - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sical Logistics Limited - India
- Parliament of New Zealand
- Makarim & Taira - Indonesia
- VISA Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wilmar Investment Holdings
- SN Aboitiz Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Ministry of Transport, Egypt
- Deloitte Consulting - India
- TNB Fuel Sdn Bhd - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Medco Energi Mining Internasional
- IEA Clean Coal Centre - UK
- South Luzon Thermal Energy Corporation
- Maharashtra Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Intertek Mineral Services - Indonesia
- Ind-Barath Power Infra Limited - India
- Iligan Light & Power Inc, Philippines
- Sakthi Sugars Limited - India
- Orica Mining Services - Indonesia
- Wood Mackenzie - Singapore
- The State Trading Corporation of India Ltd
- Sree Jayajothi Cements Limited - India
- San Jose City I Power Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Binh Thuan Hamico - Vietnam
- GVK Power & Infra Limited - India
- Planning Commission, India
- CNBM International Corporation - China
- Bayan Resources Tbk. - Indonesia
- Toyota Tsusho Corporation, Japan
- Meralco Power Generation, Philippines
- Goldman Sachs - Singapore
- Mjunction Services Limited - India
- Interocean Group of Companies - India
- Sarangani Energy Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Vedanta Resources Plc - India
- Bahari Cakrawala Sebuku - Indonesia
- Bhoruka Overseas - Indonesia
- SMC Global Power, Philippines
- GAC Shipping (India) Pvt Ltd
- Gujarat Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Marubeni Corporation - India
- Kaltim Prima Coal - Indonesia
- Electricity Authority, New Zealand
- Indonesian Coal Mining Association
- PowerSource Philippines DevCo
- Altura Mining Limited, Indonesia
- Videocon Industries ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Thai Mozambique Logistica
- Commonwealth Bank - Australia
- CIMB Investment Bank - Malaysia
- Larsen & Toubro Limited - India
- Power Finance Corporation Ltd., India
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Sidhee Cement - India
- Pendopo Energi Batubara - Indonesia
- Georgia Ports Authority, United States
- Bhushan Steel Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sojitz Corporation - Japan
- Jaiprakash Power Ventures ltd
- Ambuja Cements Ltd - India
- Latin American Coal - Colombia
- Coalindo Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Edison Trading Spa - Italy
- Madhucon Powers Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Ministry of Mines - Canada
- Timah Investasi Mineral - Indoneisa
- Bharathi Cement Corporation - India
- Cement Manufacturers Association - India
- Directorate General of MIneral and Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Central Electricity Authority - India
- SMG Consultants - Indonesia
- Kideco Jaya Agung - Indonesia
- Mercuria Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bhatia International Limited - India
- Electricity Generating Authority of Thailand
- Africa Commodities Group - South Africa
- Eastern Energy - Thailand
- Directorate Of Revenue Intelligence - India
- Parry Sugars Refinery, India
- Trasteel International SA, Italy
- Mercator Lines Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Finance - Indonesia
- Carbofer General Trading SA - India
- GMR Energy Limited - India
- LBH Netherlands Bv - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Borneo Indobara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- ASAPP Information Group - India
- GN Power Mariveles Coal Plant, Philippines
- Grasim Industreis Ltd - India
- Samtan Co., Ltd - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maheswari Brothers Coal Limited - India
- The University of Queensland
- Tamil Nadu electricity Board
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Rio Tinto Coal - Australia
- McConnell Dowell - Australia
- Bukit Baiduri Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Jindal Steel & Power Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Star Paper Mills Limited - India
- Salva Resources Pvt Ltd - India
- Dalmia Cement Bharat India
- Baramulti Group, Indonesia
- Romanian Commodities Exchange
- Banpu Public Company Limited - Thailand
- Manunggal Multi Energi - Indonesia
- Simpson Spence & Young - Indonesia
- Kepco SPC Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Attock Cement Pakistan Limited
- Xindia Steels Limited - India
- Agrawal Coal Company - India
- European Bulk Services B.V. - Netherlands
- Indian Energy Exchange, India
- Indogreen Group - Indonesia
- Vizag Seaport Private Limited - India
- Mintek Dendrill Indonesia
- Kartika Selabumi Mining - Indonesia
- Orica Australia Pty. Ltd.
- IHS Mccloskey Coal Group - USA
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