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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, 12 September 09
$1.5B KALIMANTAN COAL RAIL TENDER EXPECTED BY YEAR-END
The Jakarta Globe reported that, In the second announcement on major coal-railway projects in as many days, Central Kalimantan’s top official ...
Friday, 11 September 09
INDONESIA COAL-PRICES AT $66, SUPPLIERS OFFER AT BARGAIN PRICES
Some Indonesian producers were rushing to sell coal at bargain prices to ease excess stocks and catch shipments before the Muslim Eid Al-Fitr festiv ...
Friday, 11 September 09
ALPHA NATURAL EXPECTS HIGHER MET, STEAM COAL PRICES IN 2010
Mining Weekly reported that, There are encouraging signs that metallurgical coal demand in most key global markets is either returning or poised to ...
Friday, 11 September 09
POWER SECTOR'S DEPENDENCE ON COAL TO CONTINUE
The power sector will continue to be largely dependant on coal-based thermal power plants to meet its energy needs for the next 15-20 years, Power S ...
Friday, 11 September 09
L&T EYES AUSSIE COAL MINE
Commodity Online reported that, Larsen and Toubro is in talks to buy a thermal coal mine in Australia for about $300 million. Thermal coal is used f ...
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- Altura Mining Limited, Indonesia
- Samtan Co., Ltd - South Korea
- PetroVietnam Power Coal Import and Supply Company
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Development Corp, Philippines
- ICICI Bank Limited - India
- Ministry of Transport, Egypt
- Siam City Cement PLC, Thailand
- London Commodity Brokers - England
- Savvy Resources Ltd - HongKong
- Ceylon Electricity Board - Sri Lanka
- South Luzon Thermal Energy Corporation
- Simpson Spence & Young - Indonesia
- Jaiprakash Power Ventures ltd
- Gujarat Mineral Development Corp Ltd - India
- Miang Besar Coal Terminal - Indonesia
- GMR Energy Limited - India
- Manunggal Multi Energi - Indonesia
- Larsen & Toubro Limited - India
- PowerSource Philippines DevCo
- Carbofer General Trading SA - India
- Mintek Dendrill Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kartika Selabumi Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Orica Mining Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Coal and Oil Company - UAE
- Neyveli Lignite Corporation Ltd, - India
- Trasteel International SA, Italy
- Chamber of Mines of South Africa
- CNBM International Corporation - China
- Bahari Cakrawala Sebuku - Indonesia
- Global Business Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Tata Chemicals Ltd - India
- CIMB Investment Bank - Malaysia
- Grasim Industreis Ltd - India
- Sarangani Energy Corporation, Philippines
- Thai Mozambique Logistica
- Kumho Petrochemical, South Korea
- Parliament of New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Indonesian Coal Mining Association
- PTC India Limited - India
- The Treasury - Australian Government
- Makarim & Taira - Indonesia
- The University of Queensland
- Romanian Commodities Exchange
- Planning Commission, India
- SMC Global Power, Philippines
- Indian Energy Exchange, India
- Indian Oil Corporation Limited
- Intertek Mineral Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Coastal Gujarat Power Limited - India
- Ind-Barath Power Infra Limited - India
- Ministry of Mines - Canada
- AsiaOL BioFuels Corp., Philippines
- Antam Resourcindo - Indonesia
- Eastern Energy - Thailand
- Kaltim Prima Coal - Indonesia
- New Zealand Coal & Carbon
- Ambuja Cements Ltd - India
- Deloitte Consulting - India
- Mjunction Services Limited - India
- McConnell Dowell - Australia
- Rio Tinto Coal - Australia
- Toyota Tsusho Corporation, Japan
- Merrill Lynch Commodities Europe
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- Mercator Lines Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Electricity Authority - India
- Globalindo Alam Lestari - Indonesia
- Indika Energy - Indonesia
- Eastern Coal Council - USA
- Edison Trading Spa - Italy
- Petron Corporation, Philippines
- Bharathi Cement Corporation - India
- European Bulk Services B.V. - Netherlands
- Salva Resources Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Anglo American - United Kingdom
- GVK Power & Infra Limited - India
- Star Paper Mills Limited - India
- PNOC Exploration Corporation - Philippines
- Latin American Coal - Colombia
- Minerals Council of Australia
- SN Aboitiz Power Inc, Philippines
- Malabar Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement - Thailand
- MS Steel International - UAE
- Cigading International Bulk Terminal - Indonesia
- Indogreen Group - Indonesia
- Electricity Generating Authority of Thailand
- Wilmar Investment Holdings
- Straits Asia Resources Limited - Singapore
- Aditya Birla Group - India
- Africa Commodities Group - South Africa
- Global Green Power PLC Corporation, Philippines
- Central Java Power - Indonesia
- IHS Mccloskey Coal Group - USA
- Sical Logistics Limited - India
- Sindya Power Generating Company Private Ltd
- Renaissance Capital - South Africa
- Binh Thuan Hamico - Vietnam
- Indo Tambangraya Megah - Indonesia
- White Energy Company Limited
- Price Waterhouse Coopers - Russia
- Xindia Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dalmia Cement Bharat India
- Posco Energy - South Korea
- Global Coal Blending Company Limited - Australia
- Gujarat Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- Bulk Trading Sa - Switzerland
- Standard Chartered Bank - UAE
- Riau Bara Harum - Indonesia
- Australian Coal Association
- Kapuas Tunggal Persada - Indonesia
- Georgia Ports Authority, United States
- Independent Power Producers Association of India
- Pipit Mutiara Jaya. PT, Indonesia
- Metalloyd Limited - United Kingdom
- Coalindo Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Billiton Holdings Pty Ltd - Australia
- Videocon Industries ltd - India
- Medco Energi Mining Internasional
- Meralco Power Generation, Philippines
- Ministry of Finance - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Sidhee Cement - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhushan Steel Limited - India
- Marubeni Corporation - India
- Australian Commodity Traders Exchange
- Oldendorff Carriers - Singapore
- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- Semirara Mining and Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Vedanta Resources Plc - India
- Kepco SPC Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- San Jose City I Power Corp, Philippines
- Banpu Public Company Limited - Thailand
- The State Trading Corporation of India Ltd
- Commonwealth Bank - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Therma Luzon, Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Port Waratah Coal Services - Australia
- ASAPP Information Group - India
- Attock Cement Pakistan Limited
- Bangladesh Power Developement Board
- Sojitz Corporation - Japan
- SMG Consultants - Indonesia
- Madhucon Powers Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Bhatia International Limited - India
- OPG Power Generation Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Sree Jayajothi Cements Limited - India
- Kideco Jaya Agung - Indonesia
- Parry Sugars Refinery, India
- Bhoruka Overseas - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Interocean Group of Companies - India
- GN Power Mariveles Coal Plant, Philippines
- Borneo Indobara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Electricity Authority, New Zealand
- GAC Shipping (India) Pvt Ltd
- Singapore Mercantile Exchange
- Thiess Contractors Indonesia
- Energy Link Ltd, New Zealand
- Mercuria Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Baramulti Group, Indonesia
- Lanco Infratech Ltd - India
- Holcim Trading Pte Ltd - Singapore
- IEA Clean Coal Centre - UK
- Bukit Makmur.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Tamil Nadu electricity Board
- TeaM Sual Corporation - Philippines
- Wood Mackenzie - Singapore
- Economic Council, Georgia
- Aboitiz Power Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Maheswari Brothers Coal Limited - India
- Orica Australia Pty. Ltd.
- Cement Manufacturers Association - India
- Vizag Seaport Private Limited - India
- India Bulls Power Limited - India
- Agrawal Coal Company - India
- Iligan Light & Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- VISA Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Heidelberg Cement - Germany
- Goldman Sachs - Singapore
- Uttam Galva Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
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