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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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- Thai Mozambique Logistica
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- The University of Queensland
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- Pipit Mutiara Jaya. PT, Indonesia
- Pendopo Energi Batubara - Indonesia
- Mercuria Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- ICICI Bank Limited - India
- GMR Energy Limited - India
- SMG Consultants - Indonesia
- Romanian Commodities Exchange
- Videocon Industries ltd - India
- IHS Mccloskey Coal Group - USA
- Oldendorff Carriers - Singapore
- PTC India Limited - India
- Heidelberg Cement - Germany
- Commonwealth Bank - Australia
- Sojitz Corporation - Japan
- Baramulti Group, Indonesia
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The State Trading Corporation of India Ltd
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- The Treasury - Australian Government
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- Bukit Makmur.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Lanco Infratech Ltd - India
- Edison Trading Spa - Italy
- Goldman Sachs - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Binh Thuan Hamico - Vietnam
- New Zealand Coal & Carbon
- Ministry of Transport, Egypt
- Indika Energy - Indonesia
- Mjunction Services Limited - India
- McConnell Dowell - Australia
- Energy Development Corp, Philippines
- Indian Energy Exchange, India
- Formosa Plastics Group - Taiwan
- Holcim Trading Pte Ltd - Singapore
- Borneo Indobara - Indonesia
- Straits Asia Resources Limited - Singapore
- Eastern Coal Council - USA
- Semirara Mining and Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Power Finance Corporation Ltd., India
- Meralco Power Generation, Philippines
- Central Electricity Authority - India
- Cement Manufacturers Association - India
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- Medco Energi Mining Internasional
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- Carbofer General Trading SA - India
- Iligan Light & Power Inc, Philippines
- SMC Global Power, Philippines
- Gujarat Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- Siam City Cement - Thailand
- Bayan Resources Tbk. - Indonesia
- Petron Corporation, Philippines
- CIMB Investment Bank - Malaysia
- TNB Fuel Sdn Bhd - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Indonesian Coal Mining Association
- Bhatia International Limited - India
- LBH Netherlands Bv - Netherlands
- Energy Link Ltd, New Zealand
- Eastern Energy - Thailand
- Ceylon Electricity Board - Sri Lanka
- Larsen & Toubro Limited - India
- Independent Power Producers Association of India
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- Ind-Barath Power Infra Limited - India
- Mercator Lines Limited - India
- Cigading International Bulk Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Kumho Petrochemical, South Korea
- Electricity Generating Authority of Thailand
- ASAPP Information Group - India
- Georgia Ports Authority, United States
- GVK Power & Infra Limited - India
- PNOC Exploration Corporation - Philippines
- Economic Council, Georgia
- GAC Shipping (India) Pvt Ltd
- Africa Commodities Group - South Africa
- Australian Commodity Traders Exchange
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- Bukit Asam (Persero) Tbk - Indonesia
- Bharathi Cement Corporation - India
- Trasteel International SA, Italy
- Coal and Oil Company - UAE
- Vedanta Resources Plc - India
- Ministry of Mines - Canada
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- Planning Commission, India
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- Miang Besar Coal Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- Xindia Steels Limited - India
- Tamil Nadu electricity Board
- Global Coal Blending Company Limited - Australia
- Jindal Steel & Power Ltd - India
- Chettinad Cement Corporation Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Sical Logistics Limited - India
- Aditya Birla Group - India
- Metalloyd Limited - United Kingdom
- PowerSource Philippines DevCo
- Siam City Cement PLC, Thailand
- Parry Sugars Refinery, India
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- Renaissance Capital - South Africa
- Makarim & Taira - Indonesia
- IEA Clean Coal Centre - UK
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- Directorate General of MIneral and Coal - Indonesia
- Samtan Co., Ltd - South Korea
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- Therma Luzon, Inc, Philippines
- Chamber of Mines of South Africa
- India Bulls Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Minerals Council of Australia
- Global Business Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Dalmia Cement Bharat India
- Interocean Group of Companies - India
- Wood Mackenzie - Singapore
- Indogreen Group - Indonesia
- Indian Oil Corporation Limited
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- Port Waratah Coal Services - Australia
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- Singapore Mercantile Exchange
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- White Energy Company Limited
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- Alfred C Toepfer International GmbH - Germany
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