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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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- Madhucon Powers Ltd - India
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- Toyota Tsusho Corporation, Japan
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- Independent Power Producers Association of India
- Eastern Energy - Thailand
- Ambuja Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Australian Coal Association
- Bukit Asam (Persero) Tbk - Indonesia
- GMR Energy Limited - India
- Rashtriya Ispat Nigam Limited - India
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- European Bulk Services B.V. - Netherlands
- Goldman Sachs - Singapore
- GAC Shipping (India) Pvt Ltd
- Indian Oil Corporation Limited
- Kumho Petrochemical, South Korea
- Edison Trading Spa - Italy
- The Treasury - Australian Government
- Tamil Nadu electricity Board
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Economic Council, Georgia
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- Formosa Plastics Group - Taiwan
- Sindya Power Generating Company Private Ltd
- VISA Power Limited - India
- Intertek Mineral Services - Indonesia
- Kobexindo Tractors - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Sojitz Corporation - Japan
- Indo Tambangraya Megah - Indonesia
- Australian Commodity Traders Exchange
- Siam City Cement - Thailand
- Directorate Of Revenue Intelligence - India
- International Coal Ventures Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Wood Mackenzie - Singapore
- Miang Besar Coal Terminal - Indonesia
- Attock Cement Pakistan Limited
- Straits Asia Resources Limited - Singapore
- Alfred C Toepfer International GmbH - Germany
- Commonwealth Bank - Australia
- Holcim Trading Pte Ltd - Singapore
- Coal and Oil Company - UAE
- Kohat Cement Company Ltd. - Pakistan
- Bayan Resources Tbk. - Indonesia
- PNOC Exploration Corporation - Philippines
- Merrill Lynch Commodities Europe
- Meenaskhi Energy Private Limited - India
- Baramulti Group, Indonesia
- Georgia Ports Authority, United States
- Ministry of Finance - Indonesia
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- Samtan Co., Ltd - South Korea
- Trasteel International SA, Italy
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- Metalloyd Limited - United Kingdom
- Chamber of Mines of South Africa
- Globalindo Alam Lestari - Indonesia
- Central Electricity Authority - India
- Coastal Gujarat Power Limited - India
- Bhushan Steel Limited - India
- Kapuas Tunggal Persada - Indonesia
- Renaissance Capital - South Africa
- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
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- Petron Corporation, Philippines
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- SMC Global Power, Philippines
- Global Coal Blending Company Limited - Australia
- Aboitiz Power Corporation - Philippines
- Larsen & Toubro Limited - India
- Rio Tinto Coal - Australia
- Sarangani Energy Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Malabar Cements Ltd - India
- Deloitte Consulting - India
- Vedanta Resources Plc - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The State Trading Corporation of India Ltd
- Jindal Steel & Power Ltd - India
- Interocean Group of Companies - India
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- New Zealand Coal & Carbon
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- Planning Commission, India
- The University of Queensland
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- Star Paper Mills Limited - India
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- White Energy Company Limited
- Ceylon Electricity Board - Sri Lanka
- MS Steel International - UAE
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- Electricity Generating Authority of Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Sical Logistics Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- IHS Mccloskey Coal Group - USA
- Heidelberg Cement - Germany
- TeaM Sual Corporation - Philippines
- Marubeni Corporation - India
- Price Waterhouse Coopers - Russia
- Orica Mining Services - Indonesia
- Singapore Mercantile Exchange
- Bharathi Cement Corporation - India
- Cement Manufacturers Association - India
- Orica Australia Pty. Ltd.
- Energy Development Corp, Philippines
- Indian Energy Exchange, India
- McConnell Dowell - Australia
- Electricity Authority, New Zealand
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- Parliament of New Zealand
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- ICICI Bank Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Indika Energy - Indonesia
- Parry Sugars Refinery, India
- Kalimantan Lumbung Energi - Indonesia
- Minerals Council of Australia
- TNB Fuel Sdn Bhd - Malaysia
- Latin American Coal - Colombia
- Antam Resourcindo - Indonesia
- Maheswari Brothers Coal Limited - India
- Eastern Coal Council - USA
- IEA Clean Coal Centre - UK
- Directorate General of MIneral and Coal - Indonesia
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- Videocon Industries ltd - India
- Bukit Makmur.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Thiess Contractors Indonesia
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- Bangladesh Power Developement Board
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- Semirara Mining Corp, Philippines
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- Salva Resources Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kaltim Prima Coal - Indonesia
- Africa Commodities Group - South Africa
- Uttam Galva Steels Limited - India
- Ind-Barath Power Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- Ministry of Mines - Canada
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- Bhoruka Overseas - Indonesia
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