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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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- Power Finance Corporation Ltd., India
- The University of Queensland
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- Tamil Nadu electricity Board
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- Kapuas Tunggal Persada - Indonesia
- Savvy Resources Ltd - HongKong
- Georgia Ports Authority, United States
- Siam City Cement PLC, Thailand
- Maheswari Brothers Coal Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- GN Power Mariveles Coal Plant, Philippines
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- Ministry of Transport, Egypt
- London Commodity Brokers - England
- Samtan Co., Ltd - South Korea
- Eastern Coal Council - USA
- Ambuja Cements Ltd - India
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- Petron Corporation, Philippines
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- Bahari Cakrawala Sebuku - Indonesia
- Indika Energy - Indonesia
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- International Coal Ventures Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- PTC India Limited - India
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- Oldendorff Carriers - Singapore
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- PetroVietnam Power Coal Import and Supply Company
- Energy Development Corp, Philippines
- India Bulls Power Limited - India
- Orica Mining Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Sakthi Sugars Limited - India
- Rashtriya Ispat Nigam Limited - India
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- Kobexindo Tractors - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Banpu Public Company Limited - Thailand
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- White Energy Company Limited
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- Salva Resources Pvt Ltd - India
- Sical Logistics Limited - India
- Edison Trading Spa - Italy
- Binh Thuan Hamico - Vietnam
- Parliament of New Zealand
- ICICI Bank Limited - India
- Ceylon Electricity Board - Sri Lanka
- Price Waterhouse Coopers - Russia
- Miang Besar Coal Terminal - Indonesia
- Indian Oil Corporation Limited
- Gujarat Mineral Development Corp Ltd - India
- Singapore Mercantile Exchange
- Cement Manufacturers Association - India
- Global Coal Blending Company Limited - Australia
- Simpson Spence & Young - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Star Paper Mills Limited - India
- Ministry of Finance - Indonesia
- Wilmar Investment Holdings
- Ministry of Mines - Canada
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- Antam Resourcindo - Indonesia
- Attock Cement Pakistan Limited
- Bhatia International Limited - India
- Rio Tinto Coal - Australia
- Bukit Makmur.PT - Indonesia
- Xindia Steels Limited - India
- Sindya Power Generating Company Private Ltd
- Malabar Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- Africa Commodities Group - South Africa
- The State Trading Corporation of India Ltd
- Australian Commodity Traders Exchange
- Coalindo Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Videocon Industries ltd - India
- New Zealand Coal & Carbon
- Trasteel International SA, Italy
- Sojitz Corporation - Japan
- Altura Mining Limited, Indonesia
- PowerSource Philippines DevCo
- Bank of Tokyo Mitsubishi UFJ Ltd
- European Bulk Services B.V. - Netherlands
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- Borneo Indobara - Indonesia
- Pendopo Energi Batubara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining Corp, Philippines
- Bangladesh Power Developement Board
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- GMR Energy Limited - India
- San Jose City I Power Corp, Philippines
- SMC Global Power, Philippines
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- Interocean Group of Companies - India
- PNOC Exploration Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Straits Asia Resources Limited - Singapore
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- Kumho Petrochemical, South Korea
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- Directorate General of MIneral and Coal - Indonesia
- Jaiprakash Power Ventures ltd
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- GVK Power & Infra Limited - India
- Chamber of Mines of South Africa
- Wood Mackenzie - Singapore
- Central Electricity Authority - India
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- Carbofer General Trading SA - India
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- Mercator Lines Limited - India
- Therma Luzon, Inc, Philippines
- GAC Shipping (India) Pvt Ltd
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- Global Business Power Corporation, Philippines
- Goldman Sachs - Singapore
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- Planning Commission, India
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- Standard Chartered Bank - UAE
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- Electricity Authority, New Zealand
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- Coal and Oil Company - UAE
- Thiess Contractors Indonesia
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- Romanian Commodities Exchange
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- Baramulti Group, Indonesia
- IEA Clean Coal Centre - UK
- Agrawal Coal Company - India
- Indonesian Coal Mining Association
- Global Green Power PLC Corporation, Philippines
- SMG Consultants - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Economic Council, Georgia
- McConnell Dowell - Australia
- Meralco Power Generation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Medco Energi Mining Internasional
- Minerals Council of Australia
- AsiaOL BioFuels Corp., Philippines
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- Merrill Lynch Commodities Europe
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