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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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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Transport, Egypt
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- Makarim & Taira - Indonesia
- IHS Mccloskey Coal Group - USA
- Energy Development Corp, Philippines
- Bhushan Steel Limited - India
- Trasteel International SA, Italy
- Timah Investasi Mineral - Indoneisa
- Xindia Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Australian Commodity Traders Exchange
- PowerSource Philippines DevCo
- Africa Commodities Group - South Africa
- Jaiprakash Power Ventures ltd
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- Mintek Dendrill Indonesia
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- International Coal Ventures Pvt Ltd - India
- White Energy Company Limited
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- Jorong Barutama Greston.PT - Indonesia
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- PNOC Exploration Corporation - Philippines
- Edison Trading Spa - Italy
- Medco Energi Mining Internasional
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- GVK Power & Infra Limited - India
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- CIMB Investment Bank - Malaysia
- Bangladesh Power Developement Board
- The State Trading Corporation of India Ltd
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- Parry Sugars Refinery, India
- Carbofer General Trading SA - India
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- Global Coal Blending Company Limited - Australia
- Heidelberg Cement - Germany
- Manunggal Multi Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
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- Krishnapatnam Port Company Ltd. - India
- Sinarmas Energy and Mining - Indonesia
- Sojitz Corporation - Japan
- Indo Tambangraya Megah - Indonesia
- Merrill Lynch Commodities Europe
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- Coal and Oil Company - UAE
- London Commodity Brokers - England
- Orica Australia Pty. Ltd.
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- India Bulls Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Gujarat Electricity Regulatory Commission - India
- PTC India Limited - India
- ICICI Bank Limited - India
- Kobexindo Tractors - Indoneisa
- Deloitte Consulting - India
- CNBM International Corporation - China
- Ministry of Finance - Indonesia
- Formosa Plastics Group - Taiwan
- Posco Energy - South Korea
- Antam Resourcindo - Indonesia
- Bukit Makmur.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Planning Commission, India
- Sarangani Energy Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
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- Renaissance Capital - South Africa
- Kumho Petrochemical, South Korea
- Tata Chemicals Ltd - India
- OPG Power Generation Pvt Ltd - India
- Madhucon Powers Ltd - India
- Minerals Council of Australia
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- Baramulti Group, Indonesia
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- Electricity Authority, New Zealand
- Indian Energy Exchange, India
- Directorate General of MIneral and Coal - Indonesia
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- Cement Manufacturers Association - India
- Australian Coal Association
- Mjunction Services Limited - India
- Goldman Sachs - Singapore
- Orica Mining Services - Indonesia
- Agrawal Coal Company - India
- Straits Asia Resources Limited - Singapore
- Wood Mackenzie - Singapore
- Bhoruka Overseas - Indonesia
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- SN Aboitiz Power Inc, Philippines
- VISA Power Limited - India
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- Coalindo Energy - Indonesia
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- Power Finance Corporation Ltd., India
- Parliament of New Zealand
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- Kalimantan Lumbung Energi - Indonesia
- Port Waratah Coal Services - Australia
- Toyota Tsusho Corporation, Japan
- Independent Power Producers Association of India
- Globalindo Alam Lestari - Indonesia
- Intertek Mineral Services - Indonesia
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- Holcim Trading Pte Ltd - Singapore
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- Bank of Tokyo Mitsubishi UFJ Ltd
- GMR Energy Limited - India
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- Kaltim Prima Coal - Indonesia
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- Sindya Power Generating Company Private Ltd
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- Ministry of Mines - Canada
- Eastern Energy - Thailand
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- Thai Mozambique Logistica
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- SMC Global Power, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Malabar Cements Ltd - India
- The University of Queensland
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- Indonesian Coal Mining Association
- Aditya Birla Group - India
- Vedanta Resources Plc - India
- Economic Council, Georgia
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- Indogreen Group - Indonesia
- Altura Mining Limited, Indonesia
- Metalloyd Limited - United Kingdom
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- Thiess Contractors Indonesia
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