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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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- Krishnapatnam Port Company Ltd. - India
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- GAC Shipping (India) Pvt Ltd
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- Aboitiz Power Corporation - Philippines
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- Alfred C Toepfer International GmbH - Germany
- Power Finance Corporation Ltd., India
- Mercuria Energy - Indonesia
- Eastern Coal Council - USA
- Ministry of Transport, Egypt
- South Luzon Thermal Energy Corporation
- LBH Netherlands Bv - Netherlands
- Rio Tinto Coal - Australia
- Chamber of Mines of South Africa
- Semirara Mining and Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Standard Chartered Bank - UAE
- Edison Trading Spa - Italy
- Bhushan Steel Limited - India
- Ceylon Electricity Board - Sri Lanka
- International Coal Ventures Pvt Ltd - India
- Interocean Group of Companies - India
- Thai Mozambique Logistica
- Gujarat Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Posco Energy - South Korea
- ICICI Bank Limited - India
- Indian Oil Corporation Limited
- GN Power Mariveles Coal Plant, Philippines
- CNBM International Corporation - China
- Heidelberg Cement - Germany
- Attock Cement Pakistan Limited
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- Simpson Spence & Young - Indonesia
- Anglo American - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- Minerals Council of Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Leighton Contractors Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Malabar Cements Ltd - India
- Salva Resources Pvt Ltd - India
- Mercator Lines Limited - India
- Electricity Generating Authority of Thailand
- Essar Steel Hazira Ltd - India
- Savvy Resources Ltd - HongKong
- Cigading International Bulk Terminal - Indonesia
- Parliament of New Zealand
- Latin American Coal - Colombia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GVK Power & Infra Limited - India
- Petron Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- India Bulls Power Limited - India
- Pendopo Energi Batubara - Indonesia
- The Treasury - Australian Government
- Borneo Indobara - Indonesia
- Makarim & Taira - Indonesia
- Eastern Energy - Thailand
- Sree Jayajothi Cements Limited - India
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- Bhatia International Limited - India
- Romanian Commodities Exchange
- Medco Energi Mining Internasional
- White Energy Company Limited
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- Mjunction Services Limited - India
- Orica Australia Pty. Ltd.
- Bangladesh Power Developement Board
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- Thiess Contractors Indonesia
- Samtan Co., Ltd - South Korea
- Bharathi Cement Corporation - India
- Deloitte Consulting - India
- Global Green Power PLC Corporation, Philippines
- Cement Manufacturers Association - India
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- Kideco Jaya Agung - Indonesia
- Australian Commodity Traders Exchange
- Indonesian Coal Mining Association
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- Manunggal Multi Energi - Indonesia
- Orica Mining Services - Indonesia
- Bhoruka Overseas - Indonesia
- Bukit Makmur.PT - Indonesia
- Independent Power Producers Association of India
- McConnell Dowell - Australia
- Indika Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Uttam Galva Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- Sojitz Corporation - Japan
- Holcim Trading Pte Ltd - Singapore
- Antam Resourcindo - Indonesia
- New Zealand Coal & Carbon
- Timah Investasi Mineral - Indoneisa
- Formosa Plastics Group - Taiwan
- Australian Coal Association
- Central Electricity Authority - India
- Ministry of Mines - Canada
- Lanco Infratech Ltd - India
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- Coastal Gujarat Power Limited - India
- Karaikal Port Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Economic Council, Georgia
- Kohat Cement Company Ltd. - Pakistan
- ASAPP Information Group - India
- GMR Energy Limited - India
- Straits Asia Resources Limited - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Carbofer General Trading SA - India
- Agrawal Coal Company - India
- TNB Fuel Sdn Bhd - Malaysia
- Mintek Dendrill Indonesia
- Iligan Light & Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- The University of Queensland
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- London Commodity Brokers - England
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- PowerSource Philippines DevCo
- Vedanta Resources Plc - India
- Merrill Lynch Commodities Europe
- Maheswari Brothers Coal Limited - India
- Trasteel International SA, Italy
- Chettinad Cement Corporation Ltd - India
- Jindal Steel & Power Ltd - India
- IHS Mccloskey Coal Group - USA
- Marubeni Corporation - India
- Ministry of Finance - Indonesia
- Renaissance Capital - South Africa
- The State Trading Corporation of India Ltd
- Coal and Oil Company - UAE
- Kaltim Prima Coal - Indonesia
- Xindia Steels Limited - India
- Coalindo Energy - Indonesia
- Larsen & Toubro Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Jaiprakash Power Ventures ltd
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- Binh Thuan Hamico - Vietnam
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- Energy Development Corp, Philippines
- SMG Consultants - Indonesia
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- Petrochimia International Co. Ltd.- Taiwan
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- Price Waterhouse Coopers - Russia
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- Planning Commission, India
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- CIMB Investment Bank - Malaysia
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- VISA Power Limited - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
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