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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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- Sinarmas Energy and Mining - Indonesia
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- Jindal Steel & Power Ltd - India
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- Gujarat Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
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- CNBM International Corporation - China
- Ministry of Finance - Indonesia
- Bangladesh Power Developement Board
- Independent Power Producers Association of India
- GN Power Mariveles Coal Plant, Philippines
- White Energy Company Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Interocean Group of Companies - India
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Coastal Gujarat Power Limited - India
- Orica Australia Pty. Ltd.
- Pendopo Energi Batubara - Indonesia
- Intertek Mineral Services - Indonesia
- Mjunction Services Limited - India
- Marubeni Corporation - India
- Energy Development Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Asmin Koalindo Tuhup - Indonesia
- Bhushan Steel Limited - India
- Therma Luzon, Inc, Philippines
- Aditya Birla Group - India
- London Commodity Brokers - England
- Pipit Mutiara Jaya. PT, Indonesia
- Global Coal Blending Company Limited - Australia
- Romanian Commodities Exchange
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- Mercator Lines Limited - India
- Posco Energy - South Korea
- MS Steel International - UAE
- Baramulti Group, Indonesia
- Meenaskhi Energy Private Limited - India
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- Kapuas Tunggal Persada - Indonesia
- Carbofer General Trading SA - India
- Barasentosa Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- Electricity Authority, New Zealand
- Thiess Contractors Indonesia
- Sical Logistics Limited - India
- LBH Netherlands Bv - Netherlands
- Essar Steel Hazira Ltd - India
- Simpson Spence & Young - Indonesia
- Chamber of Mines of South Africa
- PowerSource Philippines DevCo
- Heidelberg Cement - Germany
- Petron Corporation, Philippines
- Kumho Petrochemical, South Korea
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- Banpu Public Company Limited - Thailand
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- Jorong Barutama Greston.PT - Indonesia
- Sakthi Sugars Limited - India
- Antam Resourcindo - Indonesia
- Ind-Barath Power Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Bharathi Cement Corporation - India
- Ministry of Transport, Egypt
- South Luzon Thermal Energy Corporation
- Australian Commodity Traders Exchange
- Straits Asia Resources Limited - Singapore
- Riau Bara Harum - Indonesia
- Wood Mackenzie - Singapore
- Commonwealth Bank - Australia
- Coal and Oil Company - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Economic Council, Georgia
- Coalindo Energy - Indonesia
- Cement Manufacturers Association - India
- Gujarat Mineral Development Corp Ltd - India
- Agrawal Coal Company - India
- Borneo Indobara - Indonesia
- Ambuja Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Georgia Ports Authority, United States
- Electricity Generating Authority of Thailand
- VISA Power Limited - India
- Thai Mozambique Logistica
- SMG Consultants - Indonesia
- Makarim & Taira - Indonesia
- Eastern Energy - Thailand
- Ministry of Mines - Canada
- New Zealand Coal & Carbon
- Manunggal Multi Energi - Indonesia
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- Toyota Tsusho Corporation, Japan
- Vedanta Resources Plc - India
- European Bulk Services B.V. - Netherlands
- IEA Clean Coal Centre - UK
- Indonesian Coal Mining Association
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- Siam City Cement PLC, Thailand
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- Trasteel International SA, Italy
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- OPG Power Generation Pvt Ltd - India
- Africa Commodities Group - South Africa
- Larsen & Toubro Limited - India
- Bukit Baiduri Energy - Indonesia
- Bhoruka Overseas - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- ICICI Bank Limited - India
- McConnell Dowell - Australia
- Gujarat Sidhee Cement - India
- Power Finance Corporation Ltd., India
- Siam City Cement - Thailand
- Altura Mining Limited, Indonesia
- Australian Coal Association
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- Sojitz Corporation - Japan
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- PTC India Limited - India
- Timah Investasi Mineral - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Renaissance Capital - South Africa
- Parliament of New Zealand
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- Samtan Co., Ltd - South Korea
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- Standard Chartered Bank - UAE
- Singapore Mercantile Exchange
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- Attock Cement Pakistan Limited
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- Planning Commission, India
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- Bulk Trading Sa - Switzerland
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- GVK Power & Infra Limited - India
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- Indian Energy Exchange, India
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- Kobexindo Tractors - Indoneisa
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- Petrochimia International Co. Ltd.- Taiwan
- Karbindo Abesyapradhi - Indoneisa
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- Edison Trading Spa - Italy
- Indian Oil Corporation Limited
- Orica Mining Services - Indonesia
- Port Waratah Coal Services - Australia
- International Coal Ventures Pvt Ltd - India
- The University of Queensland
- Directorate General of MIneral and Coal - Indonesia
- Rio Tinto Coal - Australia
- Bhatia International Limited - India
- Global Business Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
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- Bank of Tokyo Mitsubishi UFJ Ltd
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