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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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Saturday, 14 November 09
ASIA'S POWER SECTOR IS INVESTING IN COALMINES TO SECURE SUPPLIES
COALspot.com (Press Release): Asia Coal Power conference in Jakarta pinpoints growing power demand in Asia & Power sector investments in Indones ...
Friday, 13 November 09
API4 IGNORES LOW COAL TRADES - SWISS SINGAPORE
* Jan, Feb S.Africa coal prices hit 12-month highs
* Indian trader says deals done dollars below index
Reuters reported that, the physical coal ...
Thursday, 12 November 09
INDONESIA'S BUMI COAL PRODUCTION TO INCREASE
The sale is predicted to jump 14 percent to 58 million tons.
Viva News reported that, PT Bumi Resources Tbk. (BUMI) projected that the company's ...
Thursday, 12 November 09
INDIA'S BHEL IS IN INDONESIA NOW WITH THE COST EFFECTIVE CFBC BASED BOILER TURBINE PACKAGES
COALspot.com(Indonesia): BHEL, the largest engineering and manufacturing enterprise in India in the energy-related / infrastructure sector, is now f ...
Thursday, 12 November 09
NTPC FARAKKA AND KAHALGAON UNITS SHUT DOWN ON COAL SHORTAGE
Operations at two units each of power major NTPC Ltd’s 1600 MW Farakka and the 2340 MW Kahalgaon stations have ground to a halt due to an acut ...
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- Coastal Gujarat Power Limited - India
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- IEA Clean Coal Centre - UK
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- Chamber of Mines of South Africa
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- Indika Energy - Indonesia
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- Star Paper Mills Limited - India
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- South Luzon Thermal Energy Corporation
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- Karaikal Port Pvt Ltd - India
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- Australian Coal Association
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- Tamil Nadu electricity Board
- The Treasury - Australian Government
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- Marubeni Corporation - India
- Coalindo Energy - Indonesia
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- Kaltim Prima Coal - Indonesia
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- European Bulk Services B.V. - Netherlands
- The State Trading Corporation of India Ltd
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- Directorate General of MIneral and Coal - Indonesia
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- GVK Power & Infra Limited - India
- Ministry of Transport, Egypt
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- Georgia Ports Authority, United States
- SMC Global Power, Philippines
- Videocon Industries ltd - India
- Indian Oil Corporation Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Mines - Canada
- Sree Jayajothi Cements Limited - India
- Bhatia International Limited - India
- Billiton Holdings Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- Barasentosa Lestari - Indonesia
- Minerals Council of Australia
- Eastern Energy - Thailand
- Coal and Oil Company - UAE
- Kapuas Tunggal Persada - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Authority, New Zealand
- Siam City Cement - Thailand
- Samtan Co., Ltd - South Korea
- Mercator Lines Limited - India
- Kartika Selabumi Mining - Indonesia
- Renaissance Capital - South Africa
- Australian Commodity Traders Exchange
- London Commodity Brokers - England
- Dalmia Cement Bharat India
- LBH Netherlands Bv - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Bukit Baiduri Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Altura Mining Limited, Indonesia
- Parliament of New Zealand
- Xindia Steels Limited - India
- VISA Power Limited - India
- Port Waratah Coal Services - Australia
- Iligan Light & Power Inc, Philippines
- Planning Commission, India
- TeaM Sual Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Vizag Seaport Private Limited - India
- Directorate Of Revenue Intelligence - India
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- Independent Power Producers Association of India
- Jaiprakash Power Ventures ltd
- Orica Australia Pty. Ltd.
- Interocean Group of Companies - India
- Edison Trading Spa - Italy
- Karbindo Abesyapradhi - Indoneisa
- Goldman Sachs - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Finance - Indonesia
- Central Java Power - Indonesia
- CNBM International Corporation - China
- IHS Mccloskey Coal Group - USA
- Chettinad Cement Corporation Ltd - India
- Mjunction Services Limited - India
- The University of Queensland
- Aditya Birla Group - India
- Romanian Commodities Exchange
- Global Coal Blending Company Limited - Australia
- New Zealand Coal & Carbon
- GMR Energy Limited - India
- Riau Bara Harum - Indonesia
- Borneo Indobara - Indonesia
- Trasteel International SA, Italy
- Essar Steel Hazira Ltd - India
- Toyota Tsusho Corporation, Japan
- Kumho Petrochemical, South Korea
- OPG Power Generation Pvt Ltd - India
- Cement Manufacturers Association - India
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- Vedanta Resources Plc - India
- Uttam Galva Steels Limited - India
- MS Steel International - UAE
- Malabar Cements Ltd - India
- Medco Energi Mining Internasional
- Madhucon Powers Ltd - India
- Tata Chemicals Ltd - India
- Price Waterhouse Coopers - Russia
- GN Power Mariveles Coal Plant, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Intertek Mineral Services - Indonesia
- Attock Cement Pakistan Limited
- Sindya Power Generating Company Private Ltd
- Africa Commodities Group - South Africa
- ASAPP Information Group - India
- Leighton Contractors Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Grasim Industreis Ltd - India
- India Bulls Power Limited - India
- Eastern Coal Council - USA
- Formosa Plastics Group - Taiwan
- Energy Development Corp, Philippines
- Power Finance Corporation Ltd., India
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
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- Antam Resourcindo - Indonesia
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- Aboitiz Power Corporation - Philippines
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- Siam City Cement PLC, Thailand
- SN Aboitiz Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Bayan Resources Tbk. - Indonesia
- Orica Mining Services - Indonesia
- Bhoruka Overseas - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
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- Mintek Dendrill Indonesia
- PowerSource Philippines DevCo
- Makarim & Taira - Indonesia
- Sakthi Sugars Limited - India
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- Maheswari Brothers Coal Limited - India
- Indonesian Coal Mining Association
- Bulk Trading Sa - Switzerland
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- Meenaskhi Energy Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
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- Merrill Lynch Commodities Europe
- Ind-Barath Power Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Bharathi Cement Corporation - India
- SMG Consultants - Indonesia
- Global Business Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Anglo American - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- Vijayanagar Sugar Pvt Ltd - India
- Singapore Mercantile Exchange
- Rio Tinto Coal - Australia
- Therma Luzon, Inc, Philippines
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- Meralco Power Generation, Philippines
- Banpu Public Company Limited - Thailand
- Indian Energy Exchange, India
- Bangladesh Power Developement Board
- Krishnapatnam Port Company Ltd. - India
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- Economic Council, Georgia
- Sojitz Corporation - Japan
- CIMB Investment Bank - Malaysia
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