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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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- Jaiprakash Power Ventures ltd
- Medco Energi Mining Internasional
- Iligan Light & Power Inc, Philippines
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- Xindia Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Formosa Plastics Group - Taiwan
- Indian Oil Corporation Limited
- Maharashtra Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- European Bulk Services B.V. - Netherlands
- Indonesian Coal Mining Association
- Dalmia Cement Bharat India
- Indo Tambangraya Megah - Indonesia
- Planning Commission, India
- Ministry of Transport, Egypt
- Mercator Lines Limited - India
- Larsen & Toubro Limited - India
- Georgia Ports Authority, United States
- Chamber of Mines of South Africa
- South Luzon Thermal Energy Corporation
- GMR Energy Limited - India
- Simpson Spence & Young - Indonesia
- Sindya Power Generating Company Private Ltd
- LBH Netherlands Bv - Netherlands
- Directorate Of Revenue Intelligence - India
- Eastern Energy - Thailand
- Aboitiz Power Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- White Energy Company Limited
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- Maheswari Brothers Coal Limited - India
- SMG Consultants - Indonesia
- Chettinad Cement Corporation Ltd - India
- Metalloyd Limited - United Kingdom
- The State Trading Corporation of India Ltd
- IHS Mccloskey Coal Group - USA
- Cigading International Bulk Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Standard Chartered Bank - UAE
- TeaM Sual Corporation - Philippines
- Power Finance Corporation Ltd., India
- Bhatia International Limited - India
- Thiess Contractors Indonesia
- Minerals Council of Australia
- SMC Global Power, Philippines
- Global Green Power PLC Corporation, Philippines
- Bharathi Cement Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Globalindo Alam Lestari - Indonesia
- Tata Chemicals Ltd - India
- Uttam Galva Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Posco Energy - South Korea
- Sinarmas Energy and Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The University of Queensland
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- Parliament of New Zealand
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- Orica Mining Services - Indonesia
- Bhoruka Overseas - Indonesia
- VISA Power Limited - India
- India Bulls Power Limited - India
- Madhucon Powers Ltd - India
- GAC Shipping (India) Pvt Ltd
- Cement Manufacturers Association - India
- Videocon Industries ltd - India
- Indika Energy - Indonesia
- Mjunction Services Limited - India
- ASAPP Information Group - India
- Mintek Dendrill Indonesia
- Coastal Gujarat Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sojitz Corporation - Japan
- Renaissance Capital - South Africa
- Samtan Co., Ltd - South Korea
- IEA Clean Coal Centre - UK
- Mercuria Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Oldendorff Carriers - Singapore
- Kideco Jaya Agung - Indonesia
- Agrawal Coal Company - India
- Merrill Lynch Commodities Europe
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Anglo American - United Kingdom
- Binh Thuan Hamico - Vietnam
- Vedanta Resources Plc - India
- Meenaskhi Energy Private Limited - India
- Therma Luzon, Inc, Philippines
- Deloitte Consulting - India
- McConnell Dowell - Australia
- Tamil Nadu electricity Board
- Semirara Mining and Power Corporation, Philippines
- Sical Logistics Limited - India
- GVK Power & Infra Limited - India
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- Asmin Koalindo Tuhup - Indonesia
- Baramulti Group, Indonesia
- Siam City Cement PLC, Thailand
- Eastern Coal Council - USA
- Holcim Trading Pte Ltd - Singapore
- Bukit Baiduri Energy - Indonesia
- MS Steel International - UAE
- Savvy Resources Ltd - HongKong
- Ceylon Electricity Board - Sri Lanka
- Global Coal Blending Company Limited - Australia
- Karaikal Port Pvt Ltd - India
- Aditya Birla Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Interocean Group of Companies - India
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- Africa Commodities Group - South Africa
- The Treasury - Australian Government
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- Indian Energy Exchange, India
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- Straits Asia Resources Limited - Singapore
- Central Java Power - Indonesia
- Makarim & Taira - Indonesia
- International Coal Ventures Pvt Ltd - India
- Ministry of Mines - Canada
- Toyota Tsusho Corporation, Japan
- Gujarat Sidhee Cement - India
- Heidelberg Cement - Germany
- Attock Cement Pakistan Limited
- Banpu Public Company Limited - Thailand
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- Kumho Petrochemical, South Korea
- Kalimantan Lumbung Energi - Indonesia
- Altura Mining Limited, Indonesia
- Salva Resources Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Australian Coal Association
- Commonwealth Bank - Australia
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- Bangladesh Power Developement Board
- Singapore Mercantile Exchange
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- Lanco Infratech Ltd - India
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- Energy Link Ltd, New Zealand
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- London Commodity Brokers - England
- New Zealand Coal & Carbon
- ICICI Bank Limited - India
- Miang Besar Coal Terminal - Indonesia
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- Goldman Sachs - Singapore
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- Australian Commodity Traders Exchange
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