Bumi settles 2009 price negotiation with Japanese customers

Shipment volume to Japan down

Tuesday, June 2 2009 - 03:33 AM WIB

IDX-listed coal mining house PT.Bumi Resources said it had settled 2009 price negotiation with Japanese customers.

General Manager Marketing Herlan Siagian told Petromindo.Com on Tuesday that both parties had settled for average price of US$73 per tonne (FOB).

Herlan said Bumi will ship 9 million tones of coal to Japanese customers this year, down from 10 million tonnes last year. (denny)

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