Jul 1, 2012 | Commodities, Industries, News Group
Muhammad Nazaruddin, former treasurer of President SBY’s Demokrat Party, has previously been linked to ‘coal supply deal’ with state-owned electricity firm PLN. Nazaruddin is not alone. We have a long list of politicians and leaders, including...
Jul 1, 2012 | Commodities, Industries, News Group
In July 2011, Bayan Resources (BYAN) was a US$9 billion company. Last week, its ‘market value’ dropped to US$4.2 billion. With less than 25,000 stocks traded daily in the past three months, the price might not be the real one. At the current price, Bayan...
Jul 1, 2012 | Commodities, Industries, News Group
Nymex crude oil has recovered to above US$88 per barrel, but coal prices, both thermal and coking, continue the correction. Reports from coal producers overseas might be useful to understand the dynamics. In this report: (1) Winsway Coking Coal, (2) Whitehaven Coking...
Jun 21, 2012 | Commodities
As the largest producer of palm oil, with the potential to double Malaysia’s output in eight years time, Indonesia could become the largest surfactant (detergent and soap raw material) player in the region. COULD, not WOULD. We love to export CPO and PKO only,...
Jun 12, 2012 | Commodities, Industries, News Group
As major coal producers are nervously entering negotiation rounds for 2013 pricing, smaller players are quietly taking away portion of the market. We will see more players, instead of less, entering the market next year onwards with main target markets of China and...
Jun 11, 2012 | Commodities, Industries, News Group
Pressures on coal shares continued worldwide Tuesday (November 6) as Indonesian coal exporters are starting to negotiate with buyers about volume and pricing for 2013 supply. In this report: (1) Indonesia Coal Reference Price, (2) Newcastle Port, (3) Indika Energy,...
Jun 8, 2012 | Commodities, Industries, News Group
Indonesia has been struggling to regain its position as a net oil exporting country. The country lost its membership in OPEC because of declining oil production in one side and growing domestic consumption on the other side. Yet, the Upstream Oil and Gas Regulatory...
Jun 4, 2012 | Commodities, Industries, News Group
PT Sumalindo Lestari Jaya (SULI) Tbk is one of few forestry companies listed on Indonesia Stock Exchange (IDX). Some, including Resource Alam (KKGI), have left timber business to dig up coal. Sumalindo has yet to surrender the timber business, but starts to dig for...
Jun 2, 2012 | Commodities, Industries, News Group
PT Jhonlin Baratama is one of companies controlled by Haji Andi Syamsuddin AKA Haji Isam in South Kalimantan. Jhonlin has expanded its business into airline, rubber plantation, and shipping. The group and the owner have been under pressures in the past three years....
Jun 1, 2012 | Commodities, Industries, News Group
Forget about dispute between Rothschild and Bakrie/Samin Tan for a while. Let’s talk about progress of some junior coal players in the country, whose combined output might be bigger than old players like KPC, Arutmin, and Berau in the coming years. In this...
