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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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- The State Trading Corporation of India Ltd
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- Australian Commodity Traders Exchange
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- Altura Mining Limited, Indonesia
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- Ind-Barath Power Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Cement Manufacturers Association - India
- Carbofer General Trading SA - India
- Ministry of Mines - Canada
- Sakthi Sugars Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Electricity Regulatory Commission - India
- Wilmar Investment Holdings
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- Renaissance Capital - South Africa
- ICICI Bank Limited - India
- MS Steel International - UAE
- The Treasury - Australian Government
- Global Coal Blending Company Limited - Australia
- Sindya Power Generating Company Private Ltd
- Global Business Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Mercuria Energy - Indonesia
- New Zealand Coal & Carbon
- Attock Cement Pakistan Limited
- Parliament of New Zealand
- Romanian Commodities Exchange
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- Posco Energy - South Korea
- Kepco SPC Power Corporation, Philippines
- Indian Energy Exchange, India
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- Minerals Council of Australia
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Merrill Lynch Commodities Europe
- Petrochimia International Co. Ltd.- Taiwan
- Kaltim Prima Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
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- PNOC Exploration Corporation - Philippines
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- Heidelberg Cement - Germany
- LBH Netherlands Bv - Netherlands
- Formosa Plastics Group - Taiwan
- Bukit Baiduri Energy - Indonesia
- Vedanta Resources Plc - India
- GMR Energy Limited - India
- Agrawal Coal Company - India
- Sojitz Corporation - Japan
- ASAPP Information Group - India
- Bhoruka Overseas - Indonesia
- Jindal Steel & Power Ltd - India
- IHS Mccloskey Coal Group - USA
- Central Java Power - Indonesia
- Maheswari Brothers Coal Limited - India
- Wood Mackenzie - Singapore
- Independent Power Producers Association of India
- Antam Resourcindo - Indonesia
- Karaikal Port Pvt Ltd - India
- Medco Energi Mining Internasional
- European Bulk Services B.V. - Netherlands
- Videocon Industries ltd - India
- Orica Mining Services - Indonesia
- Uttam Galva Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- Manunggal Multi Energi - Indonesia
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- Indo Tambangraya Megah - Indonesia
- Lanco Infratech Ltd - India
- Anglo American - United Kingdom
- Energy Link Ltd, New Zealand
- Kideco Jaya Agung - Indonesia
- Coal and Oil Company - UAE
- Mintek Dendrill Indonesia
- Marubeni Corporation - India
- Holcim Trading Pte Ltd - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Directorate Of Revenue Intelligence - India
- Siam City Cement PLC, Thailand
- Mercator Lines Limited - India
- SMC Global Power, Philippines
- Xindia Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Banpu Public Company Limited - Thailand
- Intertek Mineral Services - Indonesia
- Electricity Generating Authority of Thailand
- Indonesian Coal Mining Association
- Singapore Mercantile Exchange
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- Petron Corporation, Philippines
- Price Waterhouse Coopers - Russia
- PowerSource Philippines DevCo
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- Tata Chemicals Ltd - India
- Asmin Koalindo Tuhup - Indonesia
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- Bukit Makmur.PT - Indonesia
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- Trasteel International SA, Italy
- Economic Council, Georgia
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- Commonwealth Bank - Australia
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- Rashtriya Ispat Nigam Limited - India
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- Straits Asia Resources Limited - Singapore
- Semirara Mining Corp, Philippines
- Thiess Contractors Indonesia
- Ambuja Cements Ltd - India
- IEA Clean Coal Centre - UK
- Jaiprakash Power Ventures ltd
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- Bangladesh Power Developement Board
- Oldendorff Carriers - Singapore
- Australian Coal Association
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- Maharashtra Electricity Regulatory Commission - India
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- Billiton Holdings Pty Ltd - Australia
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- Bahari Cakrawala Sebuku - Indonesia
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- CIMB Investment Bank - Malaysia
- Standard Chartered Bank - UAE
- Siam City Cement - Thailand
- Leighton Contractors Pty Ltd - Australia
- Energy Development Corp, Philippines
- Star Paper Mills Limited - India
- Miang Besar Coal Terminal - Indonesia
- The University of Queensland
- Planning Commission, India
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- Mjunction Services Limited - India
- Kobexindo Tractors - Indoneisa
- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
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- Larsen & Toubro Limited - India
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- Edison Trading Spa - Italy
- Karbindo Abesyapradhi - Indoneisa
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- Toyota Tsusho Corporation, Japan
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- VISA Power Limited - India
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- Ministry of Transport, Egypt
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