Wh, nggak mudeng lagi.   Sepertinya dia si (+) cerita soal coal di Australia yg 
bisa panen besar. Tetapi apa hubungannya dengan banking? Ada yg bisa bantu 
translate?




________________________________
From: positif01 <[email protected]>
Sent: Wed, May 18, 2011 8:53:13 AM
Subject: [saham] We said for energy; against banking, and we meant it

  
Australian-based coal companies will earn more than ever this year as 
record cargoes from Australia largest miner Xstrata combine with a 32 percent 
jump in prices.

“Coal-mining companies in Australia are making hay while the sun shines,” said 
Tim Schroeders, a Melbourne-based fund manager at Pengana Capital Ltd., which 
oversees about $1.1 billion of assets. “Global demand is expanding rapidly 
and prices are reflecting tightness in supply. Companies will be looking to 
sell 
every ton they can produce.”

Production will fall 33 million tons short of demand this year, part of a 
pattern of commodity shortages encompassing everything from copper to 
palladium, 
according to Barclays. That’s generating more profit for BHP Billiton Ltd. 
(BHP) 
and Rio Tinto Group and allowing Glencore International Plc to sell as much as 
$11 billion of shares.

The forecast for a surge in coal prices comes amid a rout in commodity 
markets. Global power generation from coal will rise by 25 percent from 2009 to 
2035, the U.S. Energy Information Administration said in a report last month.

“Coal demand is strong and will stay that way,” Mark Pervan, head of commodity 
research at Australia & New Zealand Banking Group, said from Melbourne. 
“Industrial demand in Asia will be very energy-intensive, and that means a lot 
of coal.”

Source: Bloomberg

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