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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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- Indogreen Group - Indonesia
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- Bhushan Steel Limited - India
- Siam City Cement - Thailand
- Medco Energi Mining Internasional
- Savvy Resources Ltd - HongKong
- MS Steel International - UAE
- Leighton Contractors Pty Ltd - Australia
- Vedanta Resources Plc - India
- Binh Thuan Hamico - Vietnam
- Bayan Resources Tbk. - Indonesia
- Altura Mining Limited, Indonesia
- Aditya Birla Group - India
- Bhatia International Limited - India
- Mintek Dendrill Indonesia
- Indonesian Coal Mining Association
- Alfred C Toepfer International GmbH - Germany
- Independent Power Producers Association of India
- Indian Energy Exchange, India
- PowerSource Philippines DevCo
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- Bukit Asam (Persero) Tbk - Indonesia
- Parry Sugars Refinery, India
- Carbofer General Trading SA - India
- Intertek Mineral Services - Indonesia
- Commonwealth Bank - Australia
- Coalindo Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Xindia Steels Limited - India
- Thai Mozambique Logistica
- Economic Council, Georgia
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- Merrill Lynch Commodities Europe
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- Electricity Generating Authority of Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- GAC Shipping (India) Pvt Ltd
- ICICI Bank Limited - India
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- Bharathi Cement Corporation - India
- CIMB Investment Bank - Malaysia
- International Coal Ventures Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- SN Aboitiz Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Global Green Power PLC Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kideco Jaya Agung - Indonesia
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- Gujarat Mineral Development Corp Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
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- GVK Power & Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Wilmar Investment Holdings
- New Zealand Coal & Carbon
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- Chettinad Cement Corporation Ltd - India
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- Romanian Commodities Exchange
- Mjunction Services Limited - India
- Billiton Holdings Pty Ltd - Australia
- Africa Commodities Group - South Africa
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- Videocon Industries ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Riau Bara Harum - Indonesia
- Ind-Barath Power Infra Limited - India
- Chamber of Mines of South Africa
- Planning Commission, India
- Iligan Light & Power Inc, Philippines
- Ministry of Finance - Indonesia
- Marubeni Corporation - India
- Mercator Lines Limited - India
- Australian Commodity Traders Exchange
- Central Java Power - Indonesia
- Kepco SPC Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Standard Chartered Bank - UAE
- Eastern Energy - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Coastal Gujarat Power Limited - India
- Singapore Mercantile Exchange
- Gujarat Sidhee Cement - India
- Kumho Petrochemical, South Korea
- Manunggal Multi Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Sree Jayajothi Cements Limited - India
- PTC India Limited - India
- Banpu Public Company Limited - Thailand
- Agrawal Coal Company - India
- Kaltim Prima Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
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- Globalindo Alam Lestari - Indonesia
- Essar Steel Hazira Ltd - India
- Rio Tinto Coal - Australia
- Trasteel International SA, Italy
- Indo Tambangraya Megah - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Sical Logistics Limited - India
- SMG Consultants - Indonesia
- Directorate Of Revenue Intelligence - India
- Parliament of New Zealand
- VISA Power Limited - India
- Maheswari Brothers Coal Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Directorate General of MIneral and Coal - Indonesia
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- Global Business Power Corporation, Philippines
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- IEA Clean Coal Centre - UK
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- Simpson Spence & Young - Indonesia
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- Energy Link Ltd, New Zealand
- Star Paper Mills Limited - India
- Minerals Council of Australia
- Meralco Power Generation, Philippines
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- Orica Australia Pty. Ltd.
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- Tata Chemicals Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Petron Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Wood Mackenzie - Singapore
- GMR Energy Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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- OPG Power Generation Pvt Ltd - India
- Electricity Authority, New Zealand
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- Meenaskhi Energy Private Limited - India
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- Thiess Contractors Indonesia
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- Holcim Trading Pte Ltd - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Goldman Sachs - Singapore
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- Jindal Steel & Power Ltd - India
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- Timah Investasi Mineral - Indoneisa
- Renaissance Capital - South Africa
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- Indian Oil Corporation Limited
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- White Energy Company Limited
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- The University of Queensland
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- Bhoruka Overseas - Indonesia
- India Bulls Power Limited - India
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- Larsen & Toubro Limited - India
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- London Commodity Brokers - England
- San Jose City I Power Corp, Philippines
- Samtan Co., Ltd - South Korea
- Ministry of Mines - Canada
- Coal and Oil Company - UAE
- Central Electricity Authority - India
- Bulk Trading Sa - Switzerland
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