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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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- Madhucon Powers Ltd - India
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Coal Blending Company Limited - Australia
- Global Green Power PLC Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Merrill Lynch Commodities Europe
- Kalimantan Lumbung Energi - Indonesia
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- Medco Energi Mining Internasional
- The State Trading Corporation of India Ltd
- Ministry of Mines - Canada
- Savvy Resources Ltd - HongKong
- Rio Tinto Coal - Australia
- Kumho Petrochemical, South Korea
- Riau Bara Harum - Indonesia
- Price Waterhouse Coopers - Russia
- Electricity Generating Authority of Thailand
- Ministry of Transport, Egypt
- Edison Trading Spa - Italy
- International Coal Ventures Pvt Ltd - India
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- Energy Development Corp, Philippines
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- Leighton Contractors Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Parliament of New Zealand
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- London Commodity Brokers - England
- Kobexindo Tractors - Indoneisa
- Billiton Holdings Pty Ltd - Australia
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- Chamber of Mines of South Africa
- McConnell Dowell - Australia
- Commonwealth Bank - Australia
- Power Finance Corporation Ltd., India
- Indian Oil Corporation Limited
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- India Bulls Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Vedanta Resources Plc - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- MS Steel International - UAE
- Larsen & Toubro Limited - India
- Toyota Tsusho Corporation, Japan
- Star Paper Mills Limited - India
- Siam City Cement PLC, Thailand
- Karbindo Abesyapradhi - Indoneisa
- Indika Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Siam City Cement - Thailand
- Grasim Industreis Ltd - India
- Central Electricity Authority - India
- Electricity Authority, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Minerals Council of Australia
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- Eastern Energy - Thailand
- Mintek Dendrill Indonesia
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- Romanian Commodities Exchange
- Petron Corporation, Philippines
- Thai Mozambique Logistica
- Global Business Power Corporation, Philippines
- Mercuria Energy - Indonesia
- ICICI Bank Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Tata Chemicals Ltd - India
- Africa Commodities Group - South Africa
- Kartika Selabumi Mining - Indonesia
- Essar Steel Hazira Ltd - India
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- Sarangani Energy Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Deloitte Consulting - India
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- Samtan Co., Ltd - South Korea
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- Singapore Mercantile Exchange
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- Banpu Public Company Limited - Thailand
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- IEA Clean Coal Centre - UK
- Ind-Barath Power Infra Limited - India
- Wood Mackenzie - Singapore
- Australian Commodity Traders Exchange
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- Coal and Oil Company - UAE
- Maheswari Brothers Coal Limited - India
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- Attock Cement Pakistan Limited
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- Independent Power Producers Association of India
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- Jorong Barutama Greston.PT - Indonesia
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- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
- Bukit Makmur.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bangladesh Power Developement Board
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- Central Java Power - Indonesia
- Directorate Of Revenue Intelligence - India
- Mercator Lines Limited - India
- Parry Sugars Refinery, India
- Economic Council, Georgia
- Australian Coal Association
- Baramulti Group, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Trasteel International SA, Italy
- Alfred C Toepfer International GmbH - Germany
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- Renaissance Capital - South Africa
- New Zealand Coal & Carbon
- Bhushan Steel Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Posco Energy - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
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- Marubeni Corporation - India
- Sindya Power Generating Company Private Ltd
- Interocean Group of Companies - India
- Indonesian Coal Mining Association
- Straits Asia Resources Limited - Singapore
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- Orica Australia Pty. Ltd.
- LBH Netherlands Bv - Netherlands
- Meenaskhi Energy Private Limited - India
- Altura Mining Limited, Indonesia
- Thiess Contractors Indonesia
- IHS Mccloskey Coal Group - USA
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- Anglo American - United Kingdom
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- Indogreen Group - Indonesia
- Manunggal Multi Energi - Indonesia
- Ministry of Finance - Indonesia
- Bhatia International Limited - India
- Binh Thuan Hamico - Vietnam
- Salva Resources Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Videocon Industries ltd - India
- GMR Energy Limited - India
- Coastal Gujarat Power Limited - India
- Cement Manufacturers Association - India
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- Maharashtra Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
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