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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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- Energy Development Corp, Philippines
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- Commonwealth Bank - Australia
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- GN Power Mariveles Coal Plant, Philippines
- ASAPP Information Group - India
- Kumho Petrochemical, South Korea
- Bhatia International Limited - India
- Ministry of Finance - Indonesia
- Meralco Power Generation, Philippines
- Kaltim Prima Coal - Indonesia
- CNBM International Corporation - China
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Merrill Lynch Commodities Europe
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- Indonesian Coal Mining Association
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- GAC Shipping (India) Pvt Ltd
- Economic Council, Georgia
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- White Energy Company Limited
- Bulk Trading Sa - Switzerland
- Formosa Plastics Group - Taiwan
- Malabar Cements Ltd - India
- Energy Link Ltd, New Zealand
- Kartika Selabumi Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Central Electricity Authority - India
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- Sindya Power Generating Company Private Ltd
- Rashtriya Ispat Nigam Limited - India
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- Mjunction Services Limited - India
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- Anglo American - United Kingdom
- TeaM Sual Corporation - Philippines
- Tata Chemicals Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Sical Logistics Limited - India
- Global Coal Blending Company Limited - Australia
- Australian Coal Association
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- MS Steel International - UAE
- Renaissance Capital - South Africa
- Kapuas Tunggal Persada - Indonesia
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- Maharashtra Electricity Regulatory Commission - India
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- Meenaskhi Energy Private Limited - India
- The State Trading Corporation of India Ltd
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- Lanco Infratech Ltd - India
- Vedanta Resources Plc - India
- Parliament of New Zealand
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- PTC India Limited - India
- Semirara Mining and Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Borneo Indobara - Indonesia
- Pendopo Energi Batubara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Maheswari Brothers Coal Limited - India
- Australian Commodity Traders Exchange
- Miang Besar Coal Terminal - Indonesia
- Electricity Generating Authority of Thailand
- OPG Power Generation Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Barasentosa Lestari - Indonesia
- Minerals Council of Australia
- Intertek Mineral Services - Indonesia
- Semirara Mining Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Marubeni Corporation - India
- South Luzon Thermal Energy Corporation
- Therma Luzon, Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Standard Chartered Bank - UAE
- Straits Asia Resources Limited - Singapore
- Timah Investasi Mineral - Indoneisa
- Eastern Coal Council - USA
- Vizag Seaport Private Limited - India
- Posco Energy - South Korea
- Ind-Barath Power Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Makarim & Taira - Indonesia
- Deloitte Consulting - India
- European Bulk Services B.V. - Netherlands
- Mercator Lines Limited - India
- Siam City Cement - Thailand
- Chamber of Mines of South Africa
- Aboitiz Power Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- London Commodity Brokers - England
- Bharathi Cement Corporation - India
- Samtan Co., Ltd - South Korea
- Mintek Dendrill Indonesia
- Directorate Of Revenue Intelligence - India
- Indogreen Group - Indonesia
- Madhucon Powers Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karbindo Abesyapradhi - Indoneisa
- GVK Power & Infra Limited - India
- Carbofer General Trading SA - India
- McConnell Dowell - Australia
- Aditya Birla Group - India
- Kepco SPC Power Corporation, Philippines
- Edison Trading Spa - Italy
- Power Finance Corporation Ltd., India
- IEA Clean Coal Centre - UK
- Eastern Energy - Thailand
- Ceylon Electricity Board - Sri Lanka
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- Global Business Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Trasteel International SA, Italy
- Bhoruka Overseas - Indonesia
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- AsiaOL BioFuels Corp., Philippines
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- Tamil Nadu electricity Board
- Krishnapatnam Port Company Ltd. - India
- Parry Sugars Refinery, India
- Gujarat Sidhee Cement - India
- Gujarat Electricity Regulatory Commission - India
- The University of Queensland
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- Indian Oil Corporation Limited
- Singapore Mercantile Exchange
- Grasim Industreis Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Transport, Egypt
- Oldendorff Carriers - Singapore
- Romanian Commodities Exchange
- New Zealand Coal & Carbon
- Neyveli Lignite Corporation Ltd, - India
- Altura Mining Limited, Indonesia
- Africa Commodities Group - South Africa
- Riau Bara Harum - Indonesia
- India Bulls Power Limited - India
- Larsen & Toubro Limited - India
- Sojitz Corporation - Japan
- Binh Thuan Hamico - Vietnam
- Electricity Authority, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Planning Commission, India
- Kideco Jaya Agung - Indonesia
- The Treasury - Australian Government
- GMR Energy Limited - India
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- LBH Netherlands Bv - Netherlands
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- Baramulti Group, Indonesia
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- Wilmar Investment Holdings
- Wood Mackenzie - Singapore
- Metalloyd Limited - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- Rio Tinto Coal - Australia
- Goldman Sachs - Singapore
- Thiess Contractors Indonesia
- Petron Corporation, Philippines
- Orica Australia Pty. Ltd.
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- Attock Cement Pakistan Limited
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