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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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- Global Green Power PLC Corporation, Philippines
- Meralco Power Generation, Philippines
- Bhatia International Limited - India
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- Semirara Mining Corp, Philippines
- Toyota Tsusho Corporation, Japan
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- Tamil Nadu electricity Board
- Gujarat Sidhee Cement - India
- European Bulk Services B.V. - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Timah Investasi Mineral - Indoneisa
- Romanian Commodities Exchange
- International Coal Ventures Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Power Finance Corporation Ltd., India
- Maheswari Brothers Coal Limited - India
- PTC India Limited - India
- Electricity Generating Authority of Thailand
- Borneo Indobara - Indonesia
- Pendopo Energi Batubara - Indonesia
- London Commodity Brokers - England
- Straits Asia Resources Limited - Singapore
- Trasteel International SA, Italy
- Intertek Mineral Services - Indonesia
- Singapore Mercantile Exchange
- White Energy Company Limited
- Thiess Contractors Indonesia
- Sree Jayajothi Cements Limited - India
- Kepco SPC Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Goldman Sachs - Singapore
- VISA Power Limited - India
- Siam City Cement - Thailand
- The Treasury - Australian Government
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- Eastern Coal Council - USA
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- Global Coal Blending Company Limited - Australia
- Bulk Trading Sa - Switzerland
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- Banpu Public Company Limited - Thailand
- SN Aboitiz Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- Mjunction Services Limited - India
- Mercator Lines Limited - India
- Sarangani Energy Corporation, Philippines
- South Luzon Thermal Energy Corporation
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- Indian Energy Exchange, India
- PowerSource Philippines DevCo
- Larsen & Toubro Limited - India
- Central Java Power - Indonesia
- Mintek Dendrill Indonesia
- Commonwealth Bank - Australia
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Anglo American - United Kingdom
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- Ministry of Transport, Egypt
- ASAPP Information Group - India
- Therma Luzon, Inc, Philippines
- Ministry of Mines - Canada
- Binh Thuan Hamico - Vietnam
- Kideco Jaya Agung - Indonesia
- Kaltim Prima Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Planning Commission, India
- Posco Energy - South Korea
- Sojitz Corporation - Japan
- Star Paper Mills Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Aboitiz Power Corporation - Philippines
- ICICI Bank Limited - India
- Globalindo Alam Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bhushan Steel Limited - India
- India Bulls Power Limited - India
- Iligan Light & Power Inc, Philippines
- Antam Resourcindo - Indonesia
- Indo Tambangraya Megah - Indonesia
- Coal and Oil Company - UAE
- Cement Manufacturers Association - India
- Africa Commodities Group - South Africa
- Agrawal Coal Company - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Carbofer General Trading SA - India
- GMR Energy Limited - India
- TeaM Sual Corporation - Philippines
- Mercuria Energy - Indonesia
- Savvy Resources Ltd - HongKong
- IHS Mccloskey Coal Group - USA
- Kartika Selabumi Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Grasim Industreis Ltd - India
- Simpson Spence & Young - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Economic Council, Georgia
- Bhoruka Overseas - Indonesia
- Malabar Cements Ltd - India
- Salva Resources Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Indian Oil Corporation Limited
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- Renaissance Capital - South Africa
- MS Steel International - UAE
- Directorate General of MIneral and Coal - Indonesia
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- IEA Clean Coal Centre - UK
- GVK Power & Infra Limited - India
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- Manunggal Multi Energi - Indonesia
- Electricity Authority, New Zealand
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- Uttam Galva Steels Limited - India
- CNBM International Corporation - China
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- Xindia Steels Limited - India
- Central Electricity Authority - India
- Price Waterhouse Coopers - Russia
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- Bangladesh Power Developement Board
- Rio Tinto Coal - Australia
- Wilmar Investment Holdings
- Gujarat Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Tata Chemicals Ltd - India
- Sakthi Sugars Limited - India
- Port Waratah Coal Services - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- McConnell Dowell - Australia
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- Samtan Co., Ltd - South Korea
- Indogreen Group - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Chamber of Mines of South Africa
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- Indonesian Coal Mining Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Independent Power Producers Association of India
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Edison Trading Spa - Italy
- New Zealand Coal & Carbon
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- Standard Chartered Bank - UAE
- Interocean Group of Companies - India
- Eastern Energy - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Barasentosa Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Aditya Birla Group - India
- Kapuas Tunggal Persada - Indonesia
- Latin American Coal - Colombia
- Global Business Power Corporation, Philippines
- The University of Queensland
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- Coalindo Energy - Indonesia
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- Minerals Council of Australia
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