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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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- Vizag Seaport Private Limited - India
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- Australian Commodity Traders Exchange
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- Formosa Plastics Group - Taiwan
- Jindal Steel & Power Ltd - India
- Commonwealth Bank - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Independent Power Producers Association of India
- Orica Mining Services - Indonesia
- Power Finance Corporation Ltd., India
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- GVK Power & Infra Limited - India
- Ambuja Cements Ltd - India
- Romanian Commodities Exchange
- Makarim & Taira - Indonesia
- Australian Coal Association
- Interocean Group of Companies - India
- AsiaOL BioFuels Corp., Philippines
- Thiess Contractors Indonesia
- Mjunction Services Limited - India
- The State Trading Corporation of India Ltd
- CIMB Investment Bank - Malaysia
- Bukit Makmur.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
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- Barasentosa Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
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- Carbofer General Trading SA - India
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- Bhushan Steel Limited - India
- Edison Trading Spa - Italy
- Larsen & Toubro Limited - India
- Mintek Dendrill Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bayan Resources Tbk. - Indonesia
- Lanco Infratech Ltd - India
- Samtan Co., Ltd - South Korea
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- Chamber of Mines of South Africa
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- Timah Investasi Mineral - Indoneisa
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- IHS Mccloskey Coal Group - USA
- Global Green Power PLC Corporation, Philippines
- The University of Queensland
- Meralco Power Generation, Philippines
- Wilmar Investment Holdings
- Sojitz Corporation - Japan
- Global Business Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- PTC India Limited - India
- Renaissance Capital - South Africa
- Kobexindo Tractors - Indoneisa
- Eastern Coal Council - USA
- LBH Netherlands Bv - Netherlands
- Central Java Power - Indonesia
- Bulk Trading Sa - Switzerland
- PNOC Exploration Corporation - Philippines
- Gujarat Sidhee Cement - India
- Sarangani Energy Corporation, Philippines
- Standard Chartered Bank - UAE
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- Xindia Steels Limited - India
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- Intertek Mineral Services - Indonesia
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- Indian Oil Corporation Limited
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- MS Steel International - UAE
- Bharathi Cement Corporation - India
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- Tata Chemicals Ltd - India
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- Global Coal Blending Company Limited - Australia
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- Indian Energy Exchange, India
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- Attock Cement Pakistan Limited
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- Energy Link Ltd, New Zealand
- PowerSource Philippines DevCo
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- Georgia Ports Authority, United States
- Africa Commodities Group - South Africa
- Bangladesh Power Developement Board
- Holcim Trading Pte Ltd - Singapore
- Meenaskhi Energy Private Limited - India
- Port Waratah Coal Services - Australia
- International Coal Ventures Pvt Ltd - India
- Merrill Lynch Commodities Europe
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- Energy Development Corp, Philippines
- Posco Energy - South Korea
- Orica Australia Pty. Ltd.
- The Treasury - Australian Government
- Eastern Energy - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Oldendorff Carriers - Singapore
- Bhoruka Overseas - Indonesia
- Rio Tinto Coal - Australia
- Siam City Cement PLC, Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Minerals Council of Australia
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- Heidelberg Cement - Germany
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- ICICI Bank Limited - India
- Petron Corporation, Philippines
- IEA Clean Coal Centre - UK
- Maharashtra Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Mercuria Energy - Indonesia
- Parliament of New Zealand
- Anglo American - United Kingdom
- Ministry of Mines - Canada
- Ministry of Transport, Egypt
- Miang Besar Coal Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Cement Manufacturers Association - India
- Cigading International Bulk Terminal - Indonesia
- Indika Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Madhucon Powers Ltd - India
- Goldman Sachs - Singapore
- New Zealand Coal & Carbon
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- Directorate General of MIneral and Coal - Indonesia
- Baramulti Group, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Billiton Holdings Pty Ltd - Australia
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- Kumho Petrochemical, South Korea
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- Trasteel International SA, Italy
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- Ministry of Finance - Indonesia
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- Binh Thuan Hamico - Vietnam
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- Aboitiz Power Corporation - Philippines
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- Central Electricity Authority - India
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- Sical Logistics Limited - India
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