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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$155 per ton.
Srivastava added that PT Bumi Resources plans to increase the coal exports to China and India in 2012 and its production will hike to 100mln tons from last year's 53mln tons, 20% of output to be exported to China and India.
Source: Alibaba
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Thursday, 29 October 09
MMTC AWARDED 12.5 MILLION TONS TO THREE INDIAN TRADERS
COALspot.com (India): State-run trading firm MMTC awarded tenders for the import of 12.5 million tonnes of coal for NTPC to three Indian coal trader ...
Thursday, 29 October 09
COAL OF AFRICA SEES VELE OUTPUT BY APRIL 2010
* First coal from Mooiplaats mined and sold
* Talks with Transnet on rail PPP on track
Reuters reported that, Coal of Africa (CoAL) said on Mond ...
Thursday, 29 October 09
UAE FUND EYES INDIA POWER FOR INDONESIAN COAL
Reuters reported that, the UAE's Middle East Coal (MEC) is in talks to buy equity stakes in India's power plants in exchange for long-term coal su ...
Thursday, 29 October 09
CESC POSTS RS 126 CRORE (US$ 26,655,178) NET PROFIT IN QUARTER TWO
Economic Times reported that, Energy major CESC posted a marginal increase in net profit at Rs 126 crore (US$ 26,655,178) for the quarter ended Sep ...
Thursday, 29 October 09
INDIA MMTC TENDER SET TO BOOST S.AFRICA COAL
The South African coal market is set to be boosted further by India's state-owned trading firm MMTC Ltd's tender for 12.5 million tonnes, Indian t ...
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- Ceylon Electricity Board - Sri Lanka
- Indian Oil Corporation Limited
- Africa Commodities Group - South Africa
- Bukit Baiduri Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Merrill Lynch Commodities Europe
- Global Coal Blending Company Limited - Australia
- Banpu Public Company Limited - Thailand
- Altura Mining Limited, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aditya Birla Group - India
- India Bulls Power Limited - India
- Electricity Authority, New Zealand
- Georgia Ports Authority, United States
- Videocon Industries ltd - India
- CIMB Investment Bank - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- Parry Sugars Refinery, India
- Carbofer General Trading SA - India
- Interocean Group of Companies - India
- Madhucon Powers Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Larsen & Toubro Limited - India
- London Commodity Brokers - England
- Billiton Holdings Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- Indian Energy Exchange, India
- Sical Logistics Limited - India
- Aboitiz Power Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Power Finance Corporation Ltd., India
- Vijayanagar Sugar Pvt Ltd - India
- Wood Mackenzie - Singapore
- Economic Council, Georgia
- Bhushan Steel Limited - India
- Metalloyd Limited - United Kingdom
- Kideco Jaya Agung - Indonesia
- VISA Power Limited - India
- Binh Thuan Hamico - Vietnam
- Maheswari Brothers Coal Limited - India
- Barasentosa Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- The State Trading Corporation of India Ltd
- International Coal Ventures Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- Pipit Mutiara Jaya. PT, Indonesia
- Kaltim Prima Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Rashtriya Ispat Nigam Limited - India
- Xindia Steels Limited - India
- Medco Energi Mining Internasional
- Toyota Tsusho Corporation, Japan
- McConnell Dowell - Australia
- Manunggal Multi Energi - Indonesia
- TeaM Sual Corporation - Philippines
- Thiess Contractors Indonesia
- Mercuria Energy - Indonesia
- Renaissance Capital - South Africa
- SMC Global Power, Philippines
- Formosa Plastics Group - Taiwan
- Siam City Cement - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Kartika Selabumi Mining - Indonesia
- Kumho Petrochemical, South Korea
- South Luzon Thermal Energy Corporation
- Semirara Mining Corp, Philippines
- GMR Energy Limited - India
- Bhatia International Limited - India
- Gujarat Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Vedanta Resources Plc - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Generating Authority of Thailand
- Port Waratah Coal Services - Australia
- MS Steel International - UAE
- Indika Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Mercator Lines Limited - India
- OPG Power Generation Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Miang Besar Coal Terminal - Indonesia
- Indogreen Group - Indonesia
- San Jose City I Power Corp, Philippines
- Oldendorff Carriers - Singapore
- Wilmar Investment Holdings
- Intertek Mineral Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bulk Trading Sa - Switzerland
- Coastal Gujarat Power Limited - India
- ICICI Bank Limited - India
- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- Independent Power Producers Association of India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coalindo Energy - Indonesia
- GVK Power & Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Coal and Oil Company - UAE
- Kobexindo Tractors - Indoneisa
- Star Paper Mills Limited - India
- Karaikal Port Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Ministry of Mines - Canada
- Sindya Power Generating Company Private Ltd
- PNOC Exploration Corporation - Philippines
- Mintek Dendrill Indonesia
- Dalmia Cement Bharat India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Australian Coal Association
- Straits Asia Resources Limited - Singapore
- Marubeni Corporation - India
- Ministry of Transport, Egypt
- Salva Resources Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Latin American Coal - Colombia
- Goldman Sachs - Singapore
- Uttam Galva Steels Limited - India
- Malabar Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Meralco Power Generation, Philippines
- Bukit Makmur.PT - Indonesia
- Central Java Power - Indonesia
- Rio Tinto Coal - Australia
- Attock Cement Pakistan Limited
- Kohat Cement Company Ltd. - Pakistan
- Timah Investasi Mineral - Indoneisa
- Lanco Infratech Ltd - India
- LBH Netherlands Bv - Netherlands
- Bhoruka Overseas - Indonesia
- Samtan Co., Ltd - South Korea
- Makarim & Taira - Indonesia
- Cigading International Bulk Terminal - Indonesia
- SMG Consultants - Indonesia
- IHS Mccloskey Coal Group - USA
- Therma Luzon, Inc, Philippines
- Bharathi Cement Corporation - India
- ASAPP Information Group - India
- Sarangani Energy Corporation, Philippines
- Mjunction Services Limited - India
- Deloitte Consulting - India
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- Riau Bara Harum - Indonesia
- Borneo Indobara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- SN Aboitiz Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Orica Mining Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Trasteel International SA, Italy
- GN Power Mariveles Coal Plant, Philippines
- Sakthi Sugars Limited - India
- White Energy Company Limited
- Petron Corporation, Philippines
- CNBM International Corporation - China
- Vizag Seaport Private Limited - India
- Ambuja Cements Ltd - India
- Orica Australia Pty. Ltd.
- Parliament of New Zealand
- Ministry of Finance - Indonesia
- Grasim Industreis Ltd - India
- Energy Link Ltd, New Zealand
- Planning Commission, India
- Sree Jayajothi Cements Limited - India
- Anglo American - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Holcim Trading Pte Ltd - Singapore
- Sojitz Corporation - Japan
- Chamber of Mines of South Africa
- Antam Resourcindo - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Eastern Energy - Thailand
- Ind-Barath Power Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Indonesian Coal Mining Association
- Energy Development Corp, Philippines
- Central Electricity Authority - India
- Kapuas Tunggal Persada - Indonesia
- Minerals Council of Australia
- GAC Shipping (India) Pvt Ltd
- AsiaOL BioFuels Corp., Philippines
- IEA Clean Coal Centre - UK
- Bayan Resources Tbk. - Indonesia
- Global Business Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Tata Chemicals Ltd - India
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- PTC India Limited - India
- Indo Tambangraya Megah - Indonesia
- New Zealand Coal & Carbon
- Bangladesh Power Developement Board
- Siam City Cement PLC, Thailand
- Romanian Commodities Exchange
- Karbindo Abesyapradhi - Indoneisa
- Edison Trading Spa - Italy
- Globalindo Alam Lestari - Indonesia
- Singapore Mercantile Exchange
- Essar Steel Hazira Ltd - India
- Agrawal Coal Company - India
- Australian Commodity Traders Exchange
- Baramulti Group, Indonesia
- Standard Chartered Bank - UAE
- Commonwealth Bank - Australia
- Posco Energy - South Korea
- The University of Queensland
- Cement Manufacturers Association - India
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Tamil Nadu electricity Board
- Eastern Coal Council - USA
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