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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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- Merrill Lynch Commodities Europe
- Tamil Nadu electricity Board
- Formosa Plastics Group - Taiwan
- Bulk Trading Sa - Switzerland
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Binh Thuan Hamico - Vietnam
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- Minerals Council of Australia
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- Global Green Power PLC Corporation, Philippines
- Altura Mining Limited, Indonesia
- Parliament of New Zealand
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- The University of Queensland
- Sakthi Sugars Limited - India
- GAC Shipping (India) Pvt Ltd
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- Savvy Resources Ltd - HongKong
- Larsen & Toubro Limited - India
- Cement Manufacturers Association - India
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- Ambuja Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Tata Chemicals Ltd - India
- Indian Oil Corporation Limited
- Price Waterhouse Coopers - Russia
- Planning Commission, India
- Chettinad Cement Corporation Ltd - India
- Aditya Birla Group - India
- Orica Mining Services - Indonesia
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- Maheswari Brothers Coal Limited - India
- Makarim & Taira - Indonesia
- Directorate Of Revenue Intelligence - India
- Karbindo Abesyapradhi - Indoneisa
- Energy Link Ltd, New Zealand
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- Petron Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Medco Energi Mining Internasional
- Marubeni Corporation - India
- Attock Cement Pakistan Limited
- PetroVietnam Power Coal Import and Supply Company
- Therma Luzon, Inc, Philippines
- Thai Mozambique Logistica
- GN Power Mariveles Coal Plant, Philippines
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- Petrochimia International Co. Ltd.- Taiwan
- Commonwealth Bank - Australia
- White Energy Company Limited
- Goldman Sachs - Singapore
- Rio Tinto Coal - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Authority, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- Kobexindo Tractors - Indoneisa
- Chamber of Mines of South Africa
- Ministry of Transport, Egypt
- Thiess Contractors Indonesia
- Coal and Oil Company - UAE
- Bukit Baiduri Energy - Indonesia
- Port Waratah Coal Services - Australia
- SN Aboitiz Power Inc, Philippines
- SMG Consultants - Indonesia
- Sarangani Energy Corporation, Philippines
- Baramulti Group, Indonesia
- Pendopo Energi Batubara - Indonesia
- Kepco SPC Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Semirara Mining Corp, Philippines
- Borneo Indobara - Indonesia
- Bangladesh Power Developement Board
- Semirara Mining and Power Corporation, Philippines
- Posco Energy - South Korea
- Africa Commodities Group - South Africa
- Bukit Makmur.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- Sical Logistics Limited - India
- CIMB Investment Bank - Malaysia
- Indika Energy - Indonesia
- Renaissance Capital - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhoruka Overseas - Indonesia
- European Bulk Services B.V. - Netherlands
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- Antam Resourcindo - Indonesia
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- Ministry of Finance - Indonesia
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- Malabar Cements Ltd - India
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- Siam City Cement PLC, Thailand
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- Romanian Commodities Exchange
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- Indonesian Coal Mining Association
- Vijayanagar Sugar Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- GMR Energy Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Energy - Thailand
- CNBM International Corporation - China
- Central Java Power - Indonesia
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- Ind-Barath Power Infra Limited - India
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- Energy Development Corp, Philippines
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- Sindya Power Generating Company Private Ltd
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- Sojitz Corporation - Japan
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- PowerSource Philippines DevCo
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- Timah Investasi Mineral - Indoneisa
- Latin American Coal - Colombia
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- Cigading International Bulk Terminal - Indonesia
- London Commodity Brokers - England
- PTC India Limited - India
- Madhucon Powers Ltd - India
- ASAPP Information Group - India
- Georgia Ports Authority, United States
- Heidelberg Cement - Germany
- Global Business Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Deloitte Consulting - India
- Lanco Infratech Ltd - India
- Intertek Mineral Services - Indonesia
- Barasentosa Lestari - Indonesia
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- South Luzon Thermal Energy Corporation
- Gujarat Mineral Development Corp Ltd - India
- SMC Global Power, Philippines
- Bharathi Cement Corporation - India
- New Zealand Coal & Carbon
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- The Treasury - Australian Government
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- Global Coal Blending Company Limited - Australia
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- Vedanta Resources Plc - India
- VISA Power Limited - India
- Videocon Industries ltd - India
- Mintek Dendrill Indonesia
- Wood Mackenzie - Singapore
- Indogreen Group - Indonesia
- Economic Council, Georgia
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