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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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- Star Paper Mills Limited - India
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- Samtan Co., Ltd - South Korea
- Standard Chartered Bank - UAE
- Bayan Resources Tbk. - Indonesia
- Holcim Trading Pte Ltd - Singapore
- CNBM International Corporation - China
- Parliament of New Zealand
- Romanian Commodities Exchange
- Alfred C Toepfer International GmbH - Germany
- VISA Power Limited - India
- Essar Steel Hazira Ltd - India
- Singapore Mercantile Exchange
- Riau Bara Harum - Indonesia
- International Coal Ventures Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Mines - Canada
- Eastern Energy - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Videocon Industries ltd - India
- Thai Mozambique Logistica
- Salva Resources Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Makarim & Taira - Indonesia
- Vedanta Resources Plc - India
- Electricity Generating Authority of Thailand
- Jindal Steel & Power Ltd - India
- Goldman Sachs - Singapore
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- SMG Consultants - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- Wood Mackenzie - Singapore
- Energy Link Ltd, New Zealand
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- White Energy Company Limited
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- Altura Mining Limited, Indonesia
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- Global Green Power PLC Corporation, Philippines
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- Bangladesh Power Developement Board
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- Mjunction Services Limited - India
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- Indogreen Group - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Larsen & Toubro Limited - India
- McConnell Dowell - Australia
- Economic Council, Georgia
- Latin American Coal - Colombia
- South Luzon Thermal Energy Corporation
- PTC India Limited - India
- Posco Energy - South Korea
- Cigading International Bulk Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Lanco Infratech Ltd - India
- Aditya Birla Group - India
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- Orica Australia Pty. Ltd.
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- Ind-Barath Power Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Africa Commodities Group - South Africa
- Bukit Makmur.PT - Indonesia
- ASAPP Information Group - India
- Grasim Industreis Ltd - India
- Global Coal Blending Company Limited - Australia
- Anglo American - United Kingdom
- Attock Cement Pakistan Limited
- Independent Power Producers Association of India
- Cement Manufacturers Association - India
- Indonesian Coal Mining Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement - Thailand
- LBH Netherlands Bv - Netherlands
- Uttam Galva Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Jaiprakash Power Ventures ltd
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- Indian Oil Corporation Limited
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- The University of Queensland
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- Metalloyd Limited - United Kingdom
- European Bulk Services B.V. - Netherlands
- Planning Commission, India
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- Indika Energy - Indonesia
- Baramulti Group, Indonesia
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- CIMB Investment Bank - Malaysia
- Ambuja Cements Ltd - India
- Eastern Coal Council - USA
- Kepco SPC Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- GVK Power & Infra Limited - India
- Merrill Lynch Commodities Europe
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- Coastal Gujarat Power Limited - India
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- Ceylon Electricity Board - Sri Lanka
- Bulk Trading Sa - Switzerland
- Australian Commodity Traders Exchange
- Kapuas Tunggal Persada - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rashtriya Ispat Nigam Limited - India
- India Bulls Power Limited - India
- Directorate Of Revenue Intelligence - India
- Deloitte Consulting - India
- Energy Development Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Energy Exchange, India
- Thiess Contractors Indonesia
- Edison Trading Spa - Italy
- Sojitz Corporation - Japan
- Parry Sugars Refinery, India
- Pipit Mutiara Jaya. PT, Indonesia
- The State Trading Corporation of India Ltd
- Interocean Group of Companies - India
- Bukit Asam (Persero) Tbk - Indonesia
- Medco Energi Mining Internasional
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- Mintek Dendrill Indonesia
- Rio Tinto Coal - Australia
- Sarangani Energy Corporation, Philippines
- Minerals Council of Australia
- Bahari Cakrawala Sebuku - Indonesia
- Bhoruka Overseas - Indonesia
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- Antam Resourcindo - Indonesia
- Gujarat Sidhee Cement - India
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- Banpu Public Company Limited - Thailand
- Power Finance Corporation Ltd., India
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Finance - Indonesia
- Price Waterhouse Coopers - Russia
- Australian Coal Association
- Renaissance Capital - South Africa
- The Treasury - Australian Government
- Chamber of Mines of South Africa
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- Sakthi Sugars Limited - India
- London Commodity Brokers - England
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- Bharathi Cement Corporation - India
- San Jose City I Power Corp, Philippines
- Barasentosa Lestari - Indonesia
- Heidelberg Cement - Germany
- Ministry of Transport, Egypt
- Orica Mining Services - Indonesia
- Commonwealth Bank - Australia
- Port Waratah Coal Services - Australia
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- AsiaOL BioFuels Corp., Philippines
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- Sindya Power Generating Company Private Ltd
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- MS Steel International - UAE
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