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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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- Videocon Industries ltd - India
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- Kumho Petrochemical, South Korea
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- International Coal Ventures Pvt Ltd - India
- Ministry of Mines - Canada
- Parry Sugars Refinery, India
- Thiess Contractors Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Maheswari Brothers Coal Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Global Coal Blending Company Limited - Australia
- Tata Chemicals Ltd - India
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Essar Steel Hazira Ltd - India
- Energy Link Ltd, New Zealand
- Krishnapatnam Port Company Ltd. - India
- Economic Council, Georgia
- Interocean Group of Companies - India
- Karbindo Abesyapradhi - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Leighton Contractors Pty Ltd - Australia
- Sojitz Corporation - Japan
- Bangladesh Power Developement Board
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- CNBM International Corporation - China
- Gujarat Electricity Regulatory Commission - India
- Marubeni Corporation - India
- Bukit Makmur.PT - Indonesia
- Singapore Mercantile Exchange
- India Bulls Power Limited - India
- Mjunction Services Limited - India
- Metalloyd Limited - United Kingdom
- Mercuria Energy - Indonesia
- The University of Queensland
- San Jose City I Power Corp, Philippines
- Chamber of Mines of South Africa
- Ceylon Electricity Board - Sri Lanka
- Miang Besar Coal Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Semirara Mining and Power Corporation, Philippines
- Minerals Council of Australia
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- GAC Shipping (India) Pvt Ltd
- LBH Netherlands Bv - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- Indian Energy Exchange, India
- VISA Power Limited - India
- Posco Energy - South Korea
- Simpson Spence & Young - Indonesia
- Electricity Generating Authority of Thailand
- European Bulk Services B.V. - Netherlands
- New Zealand Coal & Carbon
- Barasentosa Lestari - Indonesia
- Standard Chartered Bank - UAE
- Riau Bara Harum - Indonesia
- Heidelberg Cement - Germany
- Coastal Gujarat Power Limited - India
- Sical Logistics Limited - India
- Kepco SPC Power Corporation, Philippines
- SMG Consultants - Indonesia
- Kobexindo Tractors - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
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- Eastern Energy - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Carbofer General Trading SA - India
- Australian Commodity Traders Exchange
- Wood Mackenzie - Singapore
- Commonwealth Bank - Australia
- Indika Energy - Indonesia
- Therma Luzon, Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Globalindo Alam Lestari - Indonesia
- Tamil Nadu electricity Board
- Price Waterhouse Coopers - Russia
- Edison Trading Spa - Italy
- Billiton Holdings Pty Ltd - Australia
- Bhushan Steel Limited - India
- Vedanta Resources Plc - India
- Star Paper Mills Limited - India
- Agrawal Coal Company - India
- ICICI Bank Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TeaM Sual Corporation - Philippines
- Mintek Dendrill Indonesia
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- Eastern Coal Council - USA
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- Directorate General of MIneral and Coal - Indonesia
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- Siam City Cement - Thailand
- Straits Asia Resources Limited - Singapore
- Port Waratah Coal Services - Australia
- MS Steel International - UAE
- Deloitte Consulting - India
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- White Energy Company Limited
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- Africa Commodities Group - South Africa
- Australian Coal Association
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- Bulk Trading Sa - Switzerland
- Petrochimia International Co. Ltd.- Taiwan
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- London Commodity Brokers - England
- Alfred C Toepfer International GmbH - Germany
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- Wilmar Investment Holdings
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- Bhoruka Overseas - Indonesia
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- Siam City Cement PLC, Thailand
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- The State Trading Corporation of India Ltd
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- Indian Oil Corporation Limited
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- Goldman Sachs - Singapore
- Indo Tambangraya Megah - Indonesia
- Indonesian Coal Mining Association
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- Power Finance Corporation Ltd., India
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- PNOC Exploration Corporation - Philippines
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- CIMB Investment Bank - Malaysia
- Kalimantan Lumbung Energi - Indonesia
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- PTC India Limited - India
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- Global Green Power PLC Corporation, Philippines
- Energy Development Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Timah Investasi Mineral - Indoneisa
- The Treasury - Australian Government
- Medco Energi Mining Internasional
- Maharashtra Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- Trasteel International SA, Italy
- Central Java Power - Indonesia
- Georgia Ports Authority, United States
- Coalindo Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Independent Power Producers Association of India
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