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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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- Directorate Of Revenue Intelligence - India
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- Georgia Ports Authority, United States
- PowerSource Philippines DevCo
- Essar Steel Hazira Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Kideco Jaya Agung - Indonesia
- Bayan Resources Tbk. - Indonesia
- Economic Council, Georgia
- IEA Clean Coal Centre - UK
- Bank of Tokyo Mitsubishi UFJ Ltd
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- SMC Global Power, Philippines
- Antam Resourcindo - Indonesia
- Meralco Power Generation, Philippines
- San Jose City I Power Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Parry Sugars Refinery, India
- Global Coal Blending Company Limited - Australia
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- Coal and Oil Company - UAE
- Petron Corporation, Philippines
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- Electricity Authority, New Zealand
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- Central Electricity Authority - India
- Energy Link Ltd, New Zealand
- Bhoruka Overseas - Indonesia
- Timah Investasi Mineral - Indoneisa
- Posco Energy - South Korea
- Electricity Generating Authority of Thailand
- LBH Netherlands Bv - Netherlands
- Ministry of Mines - Canada
- VISA Power Limited - India
- Rio Tinto Coal - Australia
- Uttam Galva Steels Limited - India
- Interocean Group of Companies - India
- Global Green Power PLC Corporation, Philippines
- Sojitz Corporation - Japan
- Romanian Commodities Exchange
- Miang Besar Coal Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- GMR Energy Limited - India
- Price Waterhouse Coopers - Russia
- Billiton Holdings Pty Ltd - Australia
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- Dalmia Cement Bharat India
- ICICI Bank Limited - India
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Toyota Tsusho Corporation, Japan
- Directorate General of MIneral and Coal - Indonesia
- Parliament of New Zealand
- Anglo American - United Kingdom
- Riau Bara Harum - Indonesia
- White Energy Company Limited
- Indian Energy Exchange, India
- Global Business Power Corporation, Philippines
- Chamber of Mines of South Africa
- Agrawal Coal Company - India
- Indika Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Siam City Cement PLC, Thailand
- PTC India Limited - India
- Straits Asia Resources Limited - Singapore
- Ind-Barath Power Infra Limited - India
- Bulk Trading Sa - Switzerland
- Singapore Mercantile Exchange
- Ambuja Cements Ltd - India
- ASAPP Information Group - India
- TeaM Sual Corporation - Philippines
- Commonwealth Bank - Australia
- Mintek Dendrill Indonesia
- Goldman Sachs - Singapore
- Binh Thuan Hamico - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Bhatia International Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Rashtriya Ispat Nigam Limited - India
- Savvy Resources Ltd - HongKong
- Standard Chartered Bank - UAE
- Gujarat Sidhee Cement - India
- Baramulti Group, Indonesia
- Minerals Council of Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aditya Birla Group - India
- Cigading International Bulk Terminal - Indonesia
- Indian Oil Corporation Limited
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- Semirara Mining Corp, Philippines
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- Bukit Makmur.PT - Indonesia
- Sical Logistics Limited - India
- Aboitiz Power Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Xindia Steels Limited - India
- Star Paper Mills Limited - India
- SMG Consultants - Indonesia
- Ministry of Finance - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- The University of Queensland
- Metalloyd Limited - United Kingdom
- Vizag Seaport Private Limited - India
- Medco Energi Mining Internasional
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- Orica Mining Services - Indonesia
- Coalindo Energy - Indonesia
- Thiess Contractors Indonesia
- Mjunction Services Limited - India
- Trasteel International SA, Italy
- CIMB Investment Bank - Malaysia
- Karaikal Port Pvt Ltd - India
- Merrill Lynch Commodities Europe
- CNBM International Corporation - China
- Mercuria Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- McConnell Dowell - Australia
- Central Java Power - Indonesia
- Kartika Selabumi Mining - Indonesia
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- Power Finance Corporation Ltd., India
- Heidelberg Cement - Germany
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- The Treasury - Australian Government
- GAC Shipping (India) Pvt Ltd
- Globalindo Alam Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Madhucon Powers Ltd - India
- Eastern Energy - Thailand
- Energy Development Corp, Philippines
- Australian Coal Association
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- Larsen & Toubro Limited - India
- Makarim & Taira - Indonesia
- Port Waratah Coal Services - Australia
- MS Steel International - UAE
- Independent Power Producers Association of India
- Tamil Nadu electricity Board
- Intertek Mineral Services - Indonesia
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- The State Trading Corporation of India Ltd
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