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Friday, 14 August 09
INDONESIA COAL-PRICES FALL TO $74, INDIA EYES SEPT CARGOES
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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- Krishnapatnam Port Company Ltd. - India
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- The University of Queensland
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Medco Energi Mining Internasional
- Central Java Power - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Carbofer General Trading SA - India
- Petron Corporation, Philippines
- Mintek Dendrill Indonesia
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- Coastal Gujarat Power Limited - India
- Bharathi Cement Corporation - India
- Meralco Power Generation, Philippines
- Globalindo Alam Lestari - Indonesia
- Australian Commodity Traders Exchange
- Oldendorff Carriers - Singapore
- Asmin Koalindo Tuhup - Indonesia
- IEA Clean Coal Centre - UK
- Global Coal Blending Company Limited - Australia
- Sakthi Sugars Limited - India
- The State Trading Corporation of India Ltd
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- Salva Resources Pvt Ltd - India
- Mercator Lines Limited - India
- Indo Tambangraya Megah - Indonesia
- Minerals Council of Australia
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- Electricity Authority, New Zealand
- Vedanta Resources Plc - India
- Interocean Group of Companies - India
- TNB Fuel Sdn Bhd - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Mineral Development Corp Ltd - India
- Formosa Plastics Group - Taiwan
- Indian Oil Corporation Limited
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- Karaikal Port Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Binh Thuan Hamico - Vietnam
- Siam City Cement PLC, Thailand
- Eastern Coal Council - USA
- Barasentosa Lestari - Indonesia
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- Mjunction Services Limited - India
- Lanco Infratech Ltd - India
- Manunggal Multi Energi - Indonesia
- Indonesian Coal Mining Association
- Directorate General of MIneral and Coal - Indonesia
- Indika Energy - Indonesia
- Wood Mackenzie - Singapore
- Standard Chartered Bank - UAE
- Maheswari Brothers Coal Limited - India
- Bukit Baiduri Energy - Indonesia
- Baramulti Group, Indonesia
- Energy Development Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Orica Australia Pty. Ltd.
- Jorong Barutama Greston.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- Sojitz Corporation - Japan
- Sinarmas Energy and Mining - Indonesia
- Rio Tinto Coal - Australia
- Directorate Of Revenue Intelligence - India
- Jaiprakash Power Ventures ltd
- Ministry of Finance - Indonesia
- CNBM International Corporation - China
- Electricity Generating Authority of Thailand
- Indogreen Group - Indonesia
- Gujarat Sidhee Cement - India
- Merrill Lynch Commodities Europe
- Planning Commission, India
- Therma Luzon, Inc, Philippines
- The Treasury - Australian Government
- Bulk Trading Sa - Switzerland
- Wilmar Investment Holdings
- Bhatia International Limited - India
- Australian Coal Association
- ASAPP Information Group - India
- Bukit Makmur.PT - Indonesia
- Eastern Energy - Thailand
- Edison Trading Spa - Italy
- Ministry of Mines - Canada
- LBH Netherlands Bv - Netherlands
- Indian Energy Exchange, India
- Heidelberg Cement - Germany
- Port Waratah Coal Services - Australia
- Rashtriya Ispat Nigam Limited - India
- Leighton Contractors Pty Ltd - Australia
- Deloitte Consulting - India
- PNOC Exploration Corporation - Philippines
- Star Paper Mills Limited - India
- Straits Asia Resources Limited - Singapore
- Posco Energy - South Korea
- Billiton Holdings Pty Ltd - Australia
- Central Electricity Authority - India
- Timah Investasi Mineral - Indoneisa
- Bhushan Steel Limited - India
- Iligan Light & Power Inc, Philippines
- Singapore Mercantile Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Link Ltd, New Zealand
- VISA Power Limited - India
- Madhucon Powers Ltd - India
- Chettinad Cement Corporation Ltd - India
- SMC Global Power, Philippines
- Altura Mining Limited, Indonesia
- AsiaOL BioFuels Corp., Philippines
- MS Steel International - UAE
- Kepco SPC Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Makarim & Taira - Indonesia
- Samtan Co., Ltd - South Korea
- Chamber of Mines of South Africa
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- Pendopo Energi Batubara - Indonesia
- PowerSource Philippines DevCo
- European Bulk Services B.V. - Netherlands
- ICICI Bank Limited - India
- Kideco Jaya Agung - Indonesia
- Meenaskhi Energy Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- Bahari Cakrawala Sebuku - Indonesia
- SN Aboitiz Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Anglo American - United Kingdom
- Global Business Power Corporation, Philippines
- Renaissance Capital - South Africa
- Thai Mozambique Logistica
- Power Finance Corporation Ltd., India
- GAC Shipping (India) Pvt Ltd
- Parliament of New Zealand
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- Independent Power Producers Association of India
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- Aboitiz Power Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
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- CIMB Investment Bank - Malaysia
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- Thiess Contractors Indonesia
- Economic Council, Georgia
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- Bangladesh Power Developement Board
- Antam Resourcindo - Indonesia
- Mercuria Energy - Indonesia
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- Cement Manufacturers Association - India
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- Trasteel International SA, Italy
- Kumho Petrochemical, South Korea
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- Uttam Galva Steels Limited - India
- New Zealand Coal & Carbon
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- Sindya Power Generating Company Private Ltd
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- Africa Commodities Group - South Africa
- Bhoruka Overseas - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Marubeni Corporation - India
- Tamil Nadu electricity Board
- Ceylon Electricity Board - Sri Lanka
- Georgia Ports Authority, United States
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- Ind-Barath Power Infra Limited - India
- Ministry of Transport, Egypt
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