COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Monday, 31 August 09
INDONESIA ADARO'S NET PROFIT SOARS 1,506 PERCENT ON HIGH PRICES
The Jakarta Post reported that, the country's second largest coal producer, PT Adaro Energy said Sunday that its first-half net profit soared 1,506 ...


Sunday, 30 August 09
THE FUTURES FOR THREE YEARS FOR 2010-2012 IS AROUND PANAMAX / US$ 15,500 & SUPRAMAX / US$ 13,500 PER DAY
COALspot.com (Singapore): The dry bulk market continued to be soft this week and the BDI was almost stable and closed at 2,421 points this week. ...


Friday, 28 August 09
INDONESIA SEEKS TO INCREASE COAL PRODUCTION TO BOLSTER REVENUE
The Jakarta Post, the leading english news paper in Indonesia reported that, Indonesia expects to increase coal production by up to 20 million tons ...


Friday, 28 August 09
MERCURIA ENERGY OPENS INDONESIA TRADING OFFICE
COALspot.com ( Indonesia): Mercuria Energy Group has opened a new office in Jakarta, Indonesia, focussed on trading coal. Jakarta-based Emanuele ...


Friday, 28 August 09
COAL MINE BUYERS DUST OFF THEIR CASH ( ANALYZED BY REUTERS)
* Coal asset buyers give up waiting for bargains * Mining majors expected to buy not sell * South Africa a target, Indonesia less so By Jackie ...


   1291 1292 1293 1294 1295   
Showing 6461 to 6465 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Maharashtra Electricity Regulatory Commission - India
  • Sakthi Sugars Limited - India
  • Bhatia International Limited - India
  • bp singapore
  • Enel Italy
  • SN Aboitiz Power Inc, Philippines
  • Wilmar Investment Holdings
  • Meenaskhi Energy Private Limited - India
  • Jatenergy - Australia
  • White Energy Company Limited
  • JPower - Japan
  • Binh Thuan Hamico - Vietnam
  • Geoservices-GeoAssay Lab
  • Globalindo Alam Lestari - Indonesia
  • Britmindo - Indonesia
  • Port Waratah Coal Services - Australia
  • Aboitiz Power Corporation - Philippines
  • Kobexindo Tractors - Indoneisa
  • IOL Indonesia
  • Tata Chemicals Ltd - India
  • Gupta Coal India Ltd
  • Cargill India Pvt Ltd
  • Maersk Broker
  • Neyveli Lignite Corporation Ltd, - India
  • Bangkok Bank PCL
  • Arch Coal - USA
  • TRAFIGURA, South Korea
  • GN Power Mariveles Coal Plant, Philippines
  • Pipit Mutiara Jaya. PT, Indonesia
  • Peabody Energy - USA
  • Freeport Indonesia
  • KPCL - India
  • Price Waterhouse Coopers - Russia
  • Semirara Mining and Power Corporation, Philippines
  • Baramulti Group, Indonesia
  • Cemex - Philippines
  • Minerals Council of Australia
  • Adani Power Ltd - India
  • Surastha Cement
  • Samtan Co., Ltd - South Korea
  • Ministry of Transport, Egypt
  • BNP Paribas - Singapore
  • Kaltim Prima Coal - Indonesia
  • IBC Asia (S) Pte Ltd
  • Maruti Cements - India
  • Aditya Birla Group - India
  • EIA - United States
  • Miang Besar Coal Terminal - Indonesia
  • Medco Energi Mining Internasional
  • CoalTek, United States
  • PowerSource Philippines DevCo
  • Australian Commodity Traders Exchange
  • Bahari Cakrawala Sebuku - Indonesia
  • Economic Council, Georgia
  • Billiton Holdings Pty Ltd - Australia
  • RBS Sempra - UK
  • Vijayanagar Sugar Pvt Ltd - India
  • Chettinad Cement Corporation Ltd - India
  • Glencore India Pvt. Ltd
  • Lafarge - France
  • AsiaOL BioFuels Corp., Philippines
  • Cebu Energy, Philippines
  • J M Baxi & Co - India
  • European Bulk Services B.V. - Netherlands
  • Meralco Power Generation, Philippines
  • Power Finance Corporation Ltd., India
  • Ernst & Young Pvt. Ltd.
  • Asia Cement - Taiwan
  • Edison Trading Spa - Italy
  • Ince & co LLP
  • Global Coal Blending Company Limited - Australia
  • Electricity Generating Authority of Thailand
  • ING Bank NV - Singapore
  • Sarangani Energy Corporation, Philippines
  • Bharathi Cement Corporation - India
  • Bayan Resources Tbk. - Indonesia
  • Mercuria Energy - Indonesia
  • Energy Development Corp, Philippines
  • Electricity Authority, New Zealand
  • Antam Resourcindo - Indonesia
  • UOB Asia (HK) Ltd
  • Alfred C Toepfer International GmbH - Germany
  • New Zealand Coal & Carbon
  • Barasentosa Lestari - Indonesia
  • OCBC - Singapore
  • Central Electricity Authority - India
  • Bank of America
  • San Jose City I Power Corp, Philippines
  • Vedanta Resources Plc - India
  • Kumho Petrochemical, South Korea
  • Inspectorate - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Vizag Seaport Private Limited - India
  • Adaro Indonesia
  • Russian Coal LLC
  • Bangladesh Power Developement Board
  • KOWEPO - South Korea
  • Panama Canal Authority
  • Bhoruka Overseas - Indonesia
  • CIMB Investment Bank - Malaysia
  • Indian Energy Exchange, India
  • PTC India Limited - India
  • Standard Chartered Bank - UAE
  • U S Energy Resources
  • Bukit Baiduri Energy - Indonesia
  • Indonesian Coal Mining Association
  • Reliance Power - India
  • Krishnapatnam Port Company Ltd. - India
  • Banpu Public Company Limited - Thailand
  • Dalmia Cement Bharat India
  • Central Java Power - Indonesia
  • Kideco Jaya Agung - Indonesia
  • Gujarat Electricity Regulatory Commission - India
  • Coal India Limited
  • Essar Steel Hazira Ltd - India
  • Indogreen Group - Indonesia
  • Merrill Lynch Commodities Europe
  • Xstrata Coal
  • Berau Coal - Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Timah Investasi Mineral - Indoneisa
  • Maheswari Brothers Coal Limited - India
  • Vitol - Bahrain
  • Sinarmas Energy and Mining - Indonesia
  • Bukit Asam (Persero) Tbk - Indonesia
  • IHS Mccloskey Coal Group - USA
  • CCIC - Indonesia
  • Energy Link Ltd, New Zealand
  • Trasteel International SA, Italy
  • Jindal Steel & Power Ltd - India
  • Credit Suisse - India
  • Australian Coal Association
  • Infraline Energy - India
  • Independent Power Producers Association of India
  • Thriveni
  • ACC Limited - India
  • Global Business Power Corporation, Philippines
  • The State Trading Corporation of India Ltd
  • ICICI Bank Limited - India
  • Metalloyd Limited - United Kingdom
  • PetroVietnam
  • Mitra SK Pvt Ltd - India
  • SUEK AG - Indonesia
  • UBS Singapore
  • IEA Clean Coal Centre - UK
  • Maybank - Singapore
  • NALCO India
  • CESC Limited - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Cardiff University - UK
  • WorleyParsons
  • Noble Europe Ltd - UK
  • Platou - Singapore
  • SASOL - South Africa
  • Inco-Indonesia
  • World Bank
  • Moodys - Singapore
  • Salva Resources Pvt Ltd - India
  • Mjunction Services Limited - India
  • Coaltrans Conferences
  • Argus Media - Singapore
  • Straits Asia Resources Limited - Singapore
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Pinang Coal Indonesia
  • Kohat Cement Company Ltd. - Pakistan
  • Mitsui
  • The Treasury - Australian Government
  • Interocean Group of Companies - India
  • ANZ Bank - Australia
  • Malco - India
  • Shree Cement - India
  • KPMG - USA
  • NTPC Limited - India
  • Coastal Gujarat Power Limited - India
  • Deutsche Bank - India
  • Toyota Tsusho Corporation, Japan
  • CNBM International Corporation - China
  • HSBC - Hong Kong
  • globalCOAL - UK
  • Bank of China, Malaysia
  • GHCL Limited - India
  • Malabar Cements Ltd - India
  • Ministry of Finance - Indonesia
  • BRS Brokers - Singapore
  • Uttam Galva Steels Limited - India
  • Bulk Trading Sa - Switzerland
  • McKinsey & Co - India
  • Sindya Power Generating Company Private Ltd
  • GAC Shipping (India) Pvt Ltd
  • Shenhua Group - China
  • GVK Power & Infra Limited - India
  • Cigading International Bulk Terminal - Indonesia
  • TNPL - India
  • GB Group - China
  • Xindia Steels Limited - India
  • Altura Mining Limited, Indonesia
  • Sojitz Corporation - Japan
  • Orica Australia Pty. Ltd.
  • Kartika Selabumi Mining - Indonesia
  • Simpson Spence & Young - Indonesia
  • GMR Energy Limited - India
  • Jaiprakash Power Ventures ltd
  • Savvy Resources Ltd - HongKong
  • Bhushan Steel Limited - India
  • Chamber of Mines of South Africa
  • Thermax Limited - India
  • Romanian Commodities Exchange
  • Ministry of Mines - Canada
  • Directorate Of Revenue Intelligence - India
  • Eastern Energy - Thailand
  • Indian School of Mines
  • Gresik Semen - Indonesia
  • Kapuas Tunggal Persada - Indonesia
  • The India Cements Ltd
  • Permata Bank - Indonesia
  • Total Coal South Africa
  • Eastern Coal Council - USA
  • SMC Global Power, Philippines
  • Holcim Trading Pte Ltd - Singapore
  • Siam City Cement - Thailand
  • Arutmin Indonesia
  • Orica Mining Services - Indonesia
  • Wood Mackenzie - Singapore
  • Tamil Nadu electricity Board
  • PetroVietnam Power Coal Import and Supply Company
  • Coal Orbis AG
  • Agrawal Coal Company - India
  • Mintek Dendrill Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • Petron Corporation, Philippines
  • Deloitte Consulting - India
  • Coeclerici Indonesia
  • Cosco
  • Georgia Ports Authority, United States
  • Rudhra Energy - India
  • Bukit Makmur.PT - Indonesia
  • Parliament of New Zealand
  • Goldman Sachs - Singapore
  • Intertek Mineral Services - Indonesia
  • Kobe Steel Ltd - Japan
  • Ceylon Electricity Board - Sri Lanka
  • Merrill Lynch Bank
  • Sical Logistics Limited - India
  • Samsung - South Korea
  • JPMorgan - India
  • Mechel - Russia
  • Directorate General of MIneral and Coal - Indonesia
  • Thiess Contractors Indonesia
  • PNOC Exploration Corporation - Philippines
  • South Luzon Thermal Energy Corporation
  • Semirara Mining Corp, Philippines
  • Idemitsu - Japan
  • Indo Tambangraya Megah - Indonesia
  • Posco Energy - South Korea
  • Makarim & Taira - Indonesia
  • TNB Fuel Sdn Bhd - Malaysia
  • Carbofer General Trading SA - India
  • Videocon Industries ltd - India
  • Humpuss - Indonesia
  • Oldendorff Carriers - Singapore
  • PLN Batubara - Indonesia
  • World Coal - UK
  • Asmin Koalindo Tuhup - Indonesia
  • Therma Luzon, Inc, Philippines
  • Karaikal Port Pvt Ltd - India
  • Planning Commission, India
  • Renaissance Capital - South Africa
  • Sucofindo - Indonesia
  • Borneo Indobara - Indonesia
  • APGENCO India
  • Grasim Industreis Ltd - India
  • Commonwealth Bank - Australia
  • Kepco SPC Power Corporation, Philippines
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • TeaM Sual Corporation - Philippines
  • Japan Coal Energy Center
  • Ind-Barath Power Infra Limited - India
  • India Bulls Power Limited - India
  • Indorama - Singapore
  • Barclays Capital - USA
  • Coalindo Energy - Indonesia
  • TGV SRAAC LIMITED, India
  • Africa Commodities Group - South Africa
  • Thailand Anthracite
  • International Coal Ventures Pvt Ltd - India
  • Indonesia Power. PT
  • Thomson Reuters GRC
  • Tanito Harum - Indonesia
  • Riau Bara Harum - Indonesia
  • Rio Tinto Coal - Australia
  • ASAPP Information Group - India
  • Cement Manufacturers Association - India
  • Vale Mozambique
  • Fearnleys - India
  • Thai Mozambique Logistica
  • Heidelberg Cement - Germany
  • Siam City Cement PLC, Thailand
  • Tata Power - India
  • Gujarat Mineral Development Corp Ltd - India
  • Asian Development Bank
  • PLN - Indonesia
  • Jorong Barutama Greston.PT - Indonesia
  • McConnell Dowell - Australia
  • Madhucon Powers Ltd - India
  • Platts
  • Petrosea - Indonesia
  • SMG Consultants - Indonesia
  • Global Green Power PLC Corporation, Philippines
  • Indian Oil Corporation Limited
  • Attock Cement Pakistan Limited
  • Star Paper Mills Limited - India
  • Lanco Infratech Ltd - India
  • Clarksons - UK
  • Iligan Light & Power Inc, Philippines
  • Ambuja Cements Ltd - India
  • GNFC Limited - India
  • Runge Indonesia
  • VISA Power Limited - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • The University of Queensland
  • IMC Shipping - Singapore
  • Parry Sugars Refinery, India
  • SRK Consulting
  • KEPCO - South Korea
  • Gujarat Sidhee Cement - India
  • Larsen & Toubro Limited - India
  • TANGEDCO India
  • Indika Energy - Indonesia
  • Manunggal Multi Energi - Indonesia
  • Pendopo Energi Batubara - Indonesia
  • Mercator Lines Limited - India
  • MS Steel International - UAE
  • Core Mineral Indonesia
  • DBS Bank - Singapore
  • LBH Netherlands Bv - Netherlands
  • Rashtriya Ispat Nigam Limited - India
  • Qatrana Cement - Jordan
  • EMO - The Netherlands
  • MEC Coal - Indonesia
  • Singapore Mercantile Exchange
  • ETA - Dubai
  • Mitsubishi Corporation
  • Petrochimia International Co. Ltd.- Taiwan
  • Sree Jayajothi Cements Limited - India
  • Formosa Plastics Group - Taiwan
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Leighton Contractors Pty Ltd - Australia
  • OPG Power Generation Pvt Ltd - India
  • Latin American Coal - Colombia
  • Marubeni Corporation - India
  • Karbindo Abesyapradhi - Indoneisa
  • SGS (Thailand) Limited
  • Anglo American - United Kingdom
  • Coal and Oil Company - UAE
  • London Commodity Brokers - England