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Friday, 14 August 09
INDONESIA COAL-PRICES FALL TO $74, INDIA EYES SEPT CARGOES
.jpg) Reuters reported that, Prices of power-station coal from Australia fell to around $74 a tonne as demand eased, while Indian buyers started to look for Indonesia cargoes for delivery in September, traders said. Thermal coal prices on the globalCOAL Newcastle index, a benchmark for Asia, fell $1.57 from the week before to $74.45 a tonne on tepid demand from Asian buyers.
Indonesian bituminous coal of 6,100-6,300 kcal/kg air-dried basis (ADB) was offered at $58 a tonne, FOB mother vessel from South Kalimantan.
Indian buyers have made inquiries for cargoes in September, although demand for Indonesia high-quality coal generally eased, with bigger producers well covered on orders.
"Indian buyers were waiting for some supply orders from the government's tender. Also, there is weather problem too but things will be resolved around October," a regional trader said, referring to the monsoon season which normally runs until September.
Indian state trading entity MMTC, which buys for the majority of state power plants, has put a recent 12.5 million tonne tender on hold and may re-tender after a complaint from a trader.
A 15,000-tonne parcel of Australian coal was traded at $74 a tonne on Tuesday.
* INDONESIAN SUB-BITUMINOUS COAL
Indonesian sub-bituminous coal of 5,100-5,300 kcal/kg ADB was offered at around $36 a tonne, FOB mother vessel from Kalimantan.
Few Chinese buyers were in the market due to ample stocks after they had bought more coal in the first half of this year, an Indonesian dealer said.
But Indian buyers have started looking for cargoes of sub-bituminous coal for delivery in the fourth quarter of this year.
"We receive requests from many Indian traders asking for support letters because they want to participate in the government tenders," said an Indonesian dealer.
"They are looking for shipments in September to end of the year," he said.
Indian demand for Indonesian coal had been slow in the past weeks as buyers prefered cheaper South African cargoes.
In the domestic market, paper and cement firms were in the market for cargoes, although power plants were still struggling to reduce excess stockpiles by asking suppliers to reduce shipment volumes. (Reporting by Fitri Wulandari, Editing by Michael Urquhart)
Source: Reuters
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Monday, 31 October 22
U.S. COAL-FIRED GENERATION DECLINING AFTER BRIEF RISE LAST YEAR - EIA
We expect 6% less U.S. coal-fired generation in 2022 than in 2021, according to our latest Short-Term Energy Outlook (STEO). Although coal-fired ge ...
Monday, 31 October 22
CHINA COAL OUTPUT UP 12.3 PCT IN SEPTEMBER - XINHUA
China’s raw coal output posted stable expansion in September, official data showed.
The country produced 390 million tonnes of ...
Wednesday, 26 October 22
BIMCO PUBLISHES UPDATED GENCON CONTRACT
BIMCO has published a revised and updated version GENCON 2022 – one of its flagship contracts within its portfolio of standard contracts for ...
Monday, 24 October 22
KOSPO TO INVITE 400,000 MT OF COAL FOR 3 YEARS
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an international tender for 400,000 MT of 3,800 - 4,400kcal/kg NCV and Sulfur Max 0 ...
Wednesday, 19 October 22
ASIA COULD BE A BRIGHT SPOT AMID GLOBAL DOWNTURN NEXT YEAR, ECONOMISTS SAY - CNBC
Asia — especially Southeast Asia — remains a bright spot, even as the global economy looks set to head into recession next year, econom ...
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- San Jose City I Power Corp, Philippines
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- The University of Queensland
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- Latin American Coal - Colombia
- Grasim Industreis Ltd - India
- Kumho Petrochemical, South Korea
- McConnell Dowell - Australia
- Neyveli Lignite Corporation Ltd, - India
- ICICI Bank Limited - India
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- Agrawal Coal Company - India
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- New Zealand Coal & Carbon
- Altura Mining Limited, Indonesia
- Wilmar Investment Holdings
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- Bukit Makmur.PT - Indonesia
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- Simpson Spence & Young - Indonesia
- Medco Energi Mining Internasional
- Mjunction Services Limited - India
- Energy Development Corp, Philippines
- Global Business Power Corporation, Philippines
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- Price Waterhouse Coopers - Russia
- Bhushan Steel Limited - India
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- Indonesian Coal Mining Association
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Economic Council, Georgia
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- Globalindo Alam Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- Edison Trading Spa - Italy
- Ambuja Cements Ltd - India
- Renaissance Capital - South Africa
- IEA Clean Coal Centre - UK
- Sinarmas Energy and Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Parliament of New Zealand
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- MS Steel International - UAE
- Billiton Holdings Pty Ltd - Australia
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- Salva Resources Pvt Ltd - India
- Sical Logistics Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Carbofer General Trading SA - India
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- Attock Cement Pakistan Limited
- Australian Commodity Traders Exchange
- Tata Chemicals Ltd - India
- Makarim & Taira - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- Indian Oil Corporation Limited
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- Coal and Oil Company - UAE
- Ministry of Finance - Indonesia
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- The State Trading Corporation of India Ltd
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- Bhoruka Overseas - Indonesia
- Barasentosa Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- White Energy Company Limited
- Chamber of Mines of South Africa
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- Kaltim Prima Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Anglo American - United Kingdom
- Romanian Commodities Exchange
- Commonwealth Bank - Australia
- Indian Energy Exchange, India
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Mines - Canada
- Heidelberg Cement - Germany
- PowerSource Philippines DevCo
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- Alfred C Toepfer International GmbH - Germany
- Bukit Baiduri Energy - Indonesia
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- Sojitz Corporation - Japan
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- Banpu Public Company Limited - Thailand
- Australian Coal Association
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- Gujarat Sidhee Cement - India
- Samtan Co., Ltd - South Korea
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- Xindia Steels Limited - India
- Planning Commission, India
- Cement Manufacturers Association - India
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- Bayan Resources Tbk. - Indonesia
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- Sindya Power Generating Company Private Ltd
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- Singapore Mercantile Exchange
- Jindal Steel & Power Ltd - India
- The Treasury - Australian Government
- Bank of Tokyo Mitsubishi UFJ Ltd
- Deloitte Consulting - India
- Uttam Galva Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Mercuria Energy - Indonesia
- Rio Tinto Coal - Australia
- ASAPP Information Group - India
- India Bulls Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Africa Commodities Group - South Africa
- Goldman Sachs - Singapore
- Minerals Council of Australia
- Kepco SPC Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Toyota Tsusho Corporation, Japan
- VISA Power Limited - India
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- Petron Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Formosa Plastics Group - Taiwan
- Siam City Cement PLC, Thailand
- SMG Consultants - Indonesia
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- Eastern Energy - Thailand
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- Therma Luzon, Inc, Philippines
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- Thiess Contractors Indonesia
- Trasteel International SA, Italy
- South Luzon Thermal Energy Corporation
- Eastern Coal Council - USA
- Gujarat Mineral Development Corp Ltd - India
- Merrill Lynch Commodities Europe
- Ind-Barath Power Infra Limited - India
- Dalmia Cement Bharat India
- Indogreen Group - Indonesia
- Larsen & Toubro Limited - India
- Energy Link Ltd, New Zealand
- Maheswari Brothers Coal Limited - India
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