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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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- PNOC Exploration Corporation - Philippines
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- Gujarat Sidhee Cement - India
- Kideco Jaya Agung - Indonesia
- Meralco Power Generation, Philippines
- Dalmia Cement Bharat India
- ASAPP Information Group - India
- White Energy Company Limited
- Orica Mining Services - Indonesia
- Binh Thuan Hamico - Vietnam
- The University of Queensland
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- Latin American Coal - Colombia
- Intertek Mineral Services - Indonesia
- Electricity Generating Authority of Thailand
- Formosa Plastics Group - Taiwan
- Oldendorff Carriers - Singapore
- Siam City Cement PLC, Thailand
- Uttam Galva Steels Limited - India
- Goldman Sachs - Singapore
- McConnell Dowell - Australia
- Bharathi Cement Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Baramulti Group, Indonesia
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- Australian Commodity Traders Exchange
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- Minerals Council of Australia
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- Central Java Power - Indonesia
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- OPG Power Generation Pvt Ltd - India
- Indonesian Coal Mining Association
- London Commodity Brokers - England
- Thiess Contractors Indonesia
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Sical Logistics Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The State Trading Corporation of India Ltd
- Therma Luzon, Inc, Philippines
- Planning Commission, India
- Edison Trading Spa - Italy
- Karbindo Abesyapradhi - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
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- Semirara Mining and Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Port Waratah Coal Services - Australia
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- Ministry of Mines - Canada
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- Asmin Koalindo Tuhup - Indonesia
- Timah Investasi Mineral - Indoneisa
- Deloitte Consulting - India
- Mercator Lines Limited - India
- Globalindo Alam Lestari - Indonesia
- Commonwealth Bank - Australia
- Banpu Public Company Limited - Thailand
- Manunggal Multi Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- Chamber of Mines of South Africa
- Gujarat Electricity Regulatory Commission - India
- Economic Council, Georgia
- Ministry of Transport, Egypt
- Metalloyd Limited - United Kingdom
- Altura Mining Limited, Indonesia
- New Zealand Coal & Carbon
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- Electricity Authority, New Zealand
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- Tata Chemicals Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Makarim & Taira - Indonesia
- Malabar Cements Ltd - India
- Semirara Mining Corp, Philippines
- Parry Sugars Refinery, India
- Global Green Power PLC Corporation, Philippines
- Eastern Energy - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Development Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- Energy Link Ltd, New Zealand
- Antam Resourcindo - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kumho Petrochemical, South Korea
- Renaissance Capital - South Africa
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- Straits Asia Resources Limited - Singapore
- Larsen & Toubro Limited - India
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- Cement Manufacturers Association - India
- Bhushan Steel Limited - India
- Kepco SPC Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Ministry of Finance - Indonesia
- IHS Mccloskey Coal Group - USA
- Anglo American - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Mintek Dendrill Indonesia
- Iligan Light & Power Inc, Philippines
- Indogreen Group - Indonesia
- Heidelberg Cement - Germany
- Medco Energi Mining Internasional
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- Kapuas Tunggal Persada - Indonesia
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- Wilmar Investment Holdings
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- Videocon Industries ltd - India
- Merrill Lynch Commodities Europe
- ICICI Bank Limited - India
- Indian Oil Corporation Limited
- Trasteel International SA, Italy
- Bayan Resources Tbk. - Indonesia
- Global Business Power Corporation, Philippines
- Siam City Cement - Thailand
- Orica Australia Pty. Ltd.
- Lanco Infratech Ltd - India
- Madhucon Powers Ltd - India
- The Treasury - Australian Government
- Indian Energy Exchange, India
- Price Waterhouse Coopers - Russia
- European Bulk Services B.V. - Netherlands
- Bhoruka Overseas - Indonesia
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- GAC Shipping (India) Pvt Ltd
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- Directorate Of Revenue Intelligence - India
- SMG Consultants - Indonesia
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- CNBM International Corporation - China
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
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- Salva Resources Pvt Ltd - India
- IEA Clean Coal Centre - UK
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- Thai Mozambique Logistica
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- Chettinad Cement Corporation Ltd - India
- Kalimantan Lumbung Energi - Indonesia
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- Global Coal Blending Company Limited - Australia
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- Bangladesh Power Developement Board
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