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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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- Ind-Barath Power Infra Limited - India
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- Carbofer General Trading SA - India
- Interocean Group of Companies - India
- Borneo Indobara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Jorong Barutama Greston.PT - Indonesia
- Global Business Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Antam Resourcindo - Indonesia
- Sojitz Corporation - Japan
- Energy Link Ltd, New Zealand
- McConnell Dowell - Australia
- Binh Thuan Hamico - Vietnam
- Indika Energy - Indonesia
- Baramulti Group, Indonesia
- Meralco Power Generation, Philippines
- Bangladesh Power Developement Board
- Uttam Galva Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Romanian Commodities Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Grasim Industreis Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Power Finance Corporation Ltd., India
- Electricity Generating Authority of Thailand
- LBH Netherlands Bv - Netherlands
- Cement Manufacturers Association - India
- Essar Steel Hazira Ltd - India
- New Zealand Coal & Carbon
- SMG Consultants - Indonesia
- OPG Power Generation Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Rio Tinto Coal - Australia
- IHS Mccloskey Coal Group - USA
- Goldman Sachs - Singapore
- Energy Development Corp, Philippines
- Formosa Plastics Group - Taiwan
- Global Green Power PLC Corporation, Philippines
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- Ministry of Transport, Egypt
- CNBM International Corporation - China
- Iligan Light & Power Inc, Philippines
- White Energy Company Limited
- Mintek Dendrill Indonesia
- Semirara Mining and Power Corporation, Philippines
- Videocon Industries ltd - India
- Jindal Steel & Power Ltd - India
- Barasentosa Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Minerals Council of Australia
- Timah Investasi Mineral - Indoneisa
- Orica Mining Services - Indonesia
- Kumho Petrochemical, South Korea
- Intertek Mineral Services - Indonesia
- Sical Logistics Limited - India
- Directorate Of Revenue Intelligence - India
- Maharashtra Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Merrill Lynch Commodities Europe
- Bharathi Cement Corporation - India
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- Mjunction Services Limited - India
- Bhatia International Limited - India
- Economic Council, Georgia
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- Agrawal Coal Company - India
- ASAPP Information Group - India
- Xindia Steels Limited - India
- IEA Clean Coal Centre - UK
- Semirara Mining Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Sree Jayajothi Cements Limited - India
- Samtan Co., Ltd - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- India Bulls Power Limited - India
- Vizag Seaport Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Edison Trading Spa - Italy
- Singapore Mercantile Exchange
- Miang Besar Coal Terminal - Indonesia
- Medco Energi Mining Internasional
- Dalmia Cement Bharat India
- Wood Mackenzie - Singapore
- Coastal Gujarat Power Limited - India
- Indian Oil Corporation Limited
- Kartika Selabumi Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Electricity Authority, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Ministry of Mines - Canada
- Central Electricity Authority - India
- Australian Commodity Traders Exchange
- Commonwealth Bank - Australia
- Tata Chemicals Ltd - India
- ICICI Bank Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Vedanta Resources Plc - India
- Bayan Resources Tbk. - Indonesia
- London Commodity Brokers - England
- Maheswari Brothers Coal Limited - India
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- Thai Mozambique Logistica
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- Kepco SPC Power Corporation, Philippines
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- Coal and Oil Company - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Coal Council - USA
- Straits Asia Resources Limited - Singapore
- Banpu Public Company Limited - Thailand
- Simpson Spence & Young - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bhushan Steel Limited - India
- MS Steel International - UAE
- Gujarat Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- The Treasury - Australian Government
- Jaiprakash Power Ventures ltd
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- CIMB Investment Bank - Malaysia
- GMR Energy Limited - India
- Riau Bara Harum - Indonesia
- Trasteel International SA, Italy
- Kobexindo Tractors - Indoneisa
- Chamber of Mines of South Africa
- Africa Commodities Group - South Africa
- Orica Australia Pty. Ltd.
- Thiess Contractors Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Aditya Birla Group - India
- Ministry of Finance - Indonesia
- PowerSource Philippines DevCo
- Ambuja Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The State Trading Corporation of India Ltd
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- Alfred C Toepfer International GmbH - Germany
- Makarim & Taira - Indonesia
- Lanco Infratech Ltd - India
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- Bhoruka Overseas - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Standard Chartered Bank - UAE
- Mercuria Energy - Indonesia
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- Independent Power Producers Association of India
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- Global Coal Blending Company Limited - Australia
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- PNOC Exploration Corporation - Philippines
- Indonesian Coal Mining Association
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- PTC India Limited - India
- Cigading International Bulk Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Price Waterhouse Coopers - Russia
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- Karbindo Abesyapradhi - Indoneisa
- The University of Queensland
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- SMC Global Power, Philippines
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- Kaltim Prima Coal - Indonesia
- Posco Energy - South Korea
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- Deloitte Consulting - India
- Marubeni Corporation - India
- Malabar Cements Ltd - India
- Australian Coal Association
- Parliament of New Zealand
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- Ceylon Electricity Board - Sri Lanka
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- Planning Commission, India
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