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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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- Jorong Barutama Greston.PT - Indonesia
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- Energy Development Corp, Philippines
- The University of Queensland
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- Coal and Oil Company - UAE
- Savvy Resources Ltd - HongKong
- Neyveli Lignite Corporation Ltd, - India
- Planning Commission, India
- The Treasury - Australian Government
- Kaltim Prima Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Baramulti Group, Indonesia
- Wilmar Investment Holdings
- Orica Australia Pty. Ltd.
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- Antam Resourcindo - Indonesia
- Star Paper Mills Limited - India
- Price Waterhouse Coopers - Russia
- PowerSource Philippines DevCo
- Kepco SPC Power Corporation, Philippines
- MS Steel International - UAE
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Formosa Plastics Group - Taiwan
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- Vedanta Resources Plc - India
- Thiess Contractors Indonesia
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- VISA Power Limited - India
- San Jose City I Power Corp, Philippines
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- Commonwealth Bank - Australia
- Directorate Of Revenue Intelligence - India
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- Aditya Birla Group - India
- IEA Clean Coal Centre - UK
- Indonesian Coal Mining Association
- Attock Cement Pakistan Limited
- Australian Commodity Traders Exchange
- Anglo American - United Kingdom
- Jindal Steel & Power Ltd - India
- Orica Mining Services - Indonesia
- Africa Commodities Group - South Africa
- Siam City Cement PLC, Thailand
- Bangladesh Power Developement Board
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- Merrill Lynch Commodities Europe
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- Bhoruka Overseas - Indonesia
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- Wood Mackenzie - Singapore
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- Borneo Indobara - Indonesia
- Carbofer General Trading SA - India
- Rashtriya Ispat Nigam Limited - India
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- Asmin Koalindo Tuhup - Indonesia
- Marubeni Corporation - India
- Global Green Power PLC Corporation, Philippines
- Coastal Gujarat Power Limited - India
- PTC India Limited - India
- CNBM International Corporation - China
- Sindya Power Generating Company Private Ltd
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- Metalloyd Limited - United Kingdom
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- Economic Council, Georgia
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- Madhucon Powers Ltd - India
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- Heidelberg Cement - Germany
- Lanco Infratech Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Indika Energy - Indonesia
- Ministry of Finance - Indonesia
- Singapore Mercantile Exchange
- Iligan Light & Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Goldman Sachs - Singapore
- Indian Oil Corporation Limited
- Barasentosa Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
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- Global Coal Blending Company Limited - Australia
- Indo Tambangraya Megah - Indonesia
- Ambuja Cements Ltd - India
- Ministry of Mines - Canada
- Samtan Co., Ltd - South Korea
- Latin American Coal - Colombia
- Makarim & Taira - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Energy Link Ltd, New Zealand
- Eastern Coal Council - USA
- Malabar Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Videocon Industries ltd - India
- Sinarmas Energy and Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bhushan Steel Limited - India
- Ind-Barath Power Infra Limited - India
- Electricity Generating Authority of Thailand
- Mercuria Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kapuas Tunggal Persada - Indonesia
- Straits Asia Resources Limited - Singapore
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- Trasteel International SA, Italy
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- London Commodity Brokers - England
- Maheswari Brothers Coal Limited - India
- Indian Energy Exchange, India
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- India Bulls Power Limited - India
- White Energy Company Limited
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- Bukit Baiduri Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Agrawal Coal Company - India
- New Zealand Coal & Carbon
- Tata Chemicals Ltd - India
- Georgia Ports Authority, United States
- Renaissance Capital - South Africa
- Romanian Commodities Exchange
- Posco Energy - South Korea
- Port Waratah Coal Services - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Altura Mining Limited, Indonesia
- Bukit Makmur.PT - Indonesia
- Tamil Nadu electricity Board
- Deloitte Consulting - India
- South Luzon Thermal Energy Corporation
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- Miang Besar Coal Terminal - Indonesia
- Petron Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Chamber of Mines of South Africa
- Kartika Selabumi Mining - Indonesia
- Uttam Galva Steels Limited - India
- Ministry of Transport, Egypt
- Simpson Spence & Young - Indonesia
- IHS Mccloskey Coal Group - USA
- Riau Bara Harum - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- McConnell Dowell - Australia
- Rio Tinto Coal - Australia
- Banpu Public Company Limited - Thailand
- PNOC Exploration Corporation - Philippines
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- Billiton Holdings Pty Ltd - Australia
- European Bulk Services B.V. - Netherlands
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- CIMB Investment Bank - Malaysia
- Sojitz Corporation - Japan
- Semirara Mining and Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Parliament of New Zealand
- Binh Thuan Hamico - Vietnam
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- Interocean Group of Companies - India
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