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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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- Petron Corporation, Philippines
- Coal and Oil Company - UAE
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- Singapore Mercantile Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vedanta Resources Plc - India
- Orica Mining Services - Indonesia
- Global Business Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Formosa Plastics Group - Taiwan
- Kapuas Tunggal Persada - Indonesia
- New Zealand Coal & Carbon
- Intertek Mineral Services - Indonesia
- Romanian Commodities Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CNBM International Corporation - China
- McConnell Dowell - Australia
- Iligan Light & Power Inc, Philippines
- Merrill Lynch Commodities Europe
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- Thai Mozambique Logistica
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- Australian Commodity Traders Exchange
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- Petrochimia International Co. Ltd.- Taiwan
- Energy Development Corp, Philippines
- India Bulls Power Limited - India
- Renaissance Capital - South Africa
- Mercuria Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Antam Resourcindo - Indonesia
- Globalindo Alam Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
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- Bayan Resources Tbk. - Indonesia
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- IEA Clean Coal Centre - UK
- GAC Shipping (India) Pvt Ltd
- Bhatia International Limited - India
- Meralco Power Generation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Mines - Canada
- Attock Cement Pakistan Limited
- Electricity Authority, New Zealand
- IHS Mccloskey Coal Group - USA
- Indo Tambangraya Megah - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Baramulti Group, Indonesia
- Bulk Trading Sa - Switzerland
- Deloitte Consulting - India
- Carbofer General Trading SA - India
- Anglo American - United Kingdom
- LBH Netherlands Bv - Netherlands
- Chettinad Cement Corporation Ltd - India
- Price Waterhouse Coopers - Russia
- Metalloyd Limited - United Kingdom
- Wilmar Investment Holdings
- Kobexindo Tractors - Indoneisa
- Riau Bara Harum - Indonesia
- Heidelberg Cement - Germany
- International Coal Ventures Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- ASAPP Information Group - India
- European Bulk Services B.V. - Netherlands
- Australian Coal Association
- Cement Manufacturers Association - India
- Medco Energi Mining Internasional
- Coastal Gujarat Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Energy Link Ltd, New Zealand
- London Commodity Brokers - England
- The Treasury - Australian Government
- Coalindo Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Banpu Public Company Limited - Thailand
- Chamber of Mines of South Africa
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- Altura Mining Limited, Indonesia
- Sojitz Corporation - Japan
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
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- Directorate Of Revenue Intelligence - India
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- Straits Asia Resources Limited - Singapore
- Indian Energy Exchange, India
- Edison Trading Spa - Italy
- Economic Council, Georgia
- Bahari Cakrawala Sebuku - Indonesia
- Posco Energy - South Korea
- Kalimantan Lumbung Energi - Indonesia
- Central Java Power - Indonesia
- Kohat Cement Company Ltd. - Pakistan
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- Global Coal Blending Company Limited - Australia
- Makarim & Taira - Indonesia
- Therma Luzon, Inc, Philippines
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- Georgia Ports Authority, United States
- Goldman Sachs - Singapore
- Siam City Cement PLC, Thailand
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- Eastern Coal Council - USA
- Toyota Tsusho Corporation, Japan
- Kumho Petrochemical, South Korea
- Indika Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Xindia Steels Limited - India
- Gujarat Sidhee Cement - India
- Electricity Generating Authority of Thailand
- VISA Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Ministry of Transport, Egypt
- Indian Oil Corporation Limited
- Jindal Steel & Power Ltd - India
- Commonwealth Bank - Australia
- Meenaskhi Energy Private Limited - India
- MS Steel International - UAE
- Standard Chartered Bank - UAE
- Essar Steel Hazira Ltd - India
- Maheswari Brothers Coal Limited - India
- Jaiprakash Power Ventures ltd
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- Videocon Industries ltd - India
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- White Energy Company Limited
- Minerals Council of Australia
- Wood Mackenzie - Singapore
- Uttam Galva Steels Limited - India
- Siam City Cement - Thailand
- Bangladesh Power Developement Board
- Ministry of Finance - Indonesia
- The University of Queensland
- Pipit Mutiara Jaya. PT, Indonesia
- Agrawal Coal Company - India
- Directorate General of MIneral and Coal - Indonesia
- Mintek Dendrill Indonesia
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- Sical Logistics Limited - India
- Miang Besar Coal Terminal - Indonesia
- Orica Australia Pty. Ltd.
- Marubeni Corporation - India
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- Timah Investasi Mineral - Indoneisa
- PNOC Exploration Corporation - Philippines
- Eastern Energy - Thailand
- Central Electricity Authority - India
- Indogreen Group - Indonesia
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- Africa Commodities Group - South Africa
- Larsen & Toubro Limited - India
- Savvy Resources Ltd - HongKong
- Holcim Trading Pte Ltd - Singapore
- Parliament of New Zealand
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