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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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- Pipit Mutiara Jaya. PT, Indonesia
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- GMR Energy Limited - India
- Oldendorff Carriers - Singapore
- Siam City Cement - Thailand
- Central Java Power - Indonesia
- Trasteel International SA, Italy
- London Commodity Brokers - England
- Power Finance Corporation Ltd., India
- Sojitz Corporation - Japan
- Coastal Gujarat Power Limited - India
- The Treasury - Australian Government
- India Bulls Power Limited - India
- Kaltim Prima Coal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Bangladesh Power Developement Board
- Sakthi Sugars Limited - India
- Latin American Coal - Colombia
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Transport, Egypt
- Ministry of Mines - Canada
- Tamil Nadu electricity Board
- Merrill Lynch Commodities Europe
- PowerSource Philippines DevCo
- Grasim Industreis Ltd - India
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- Samtan Co., Ltd - South Korea
- Wood Mackenzie - Singapore
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- Chettinad Cement Corporation Ltd - India
- Meralco Power Generation, Philippines
- European Bulk Services B.V. - Netherlands
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- Holcim Trading Pte Ltd - Singapore
- MS Steel International - UAE
- GVK Power & Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tata Chemicals Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Uttam Galva Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Kapuas Tunggal Persada - Indonesia
- Bhatia International Limited - India
- ICICI Bank Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Finance - Indonesia
- Aboitiz Power Corporation - Philippines
- Makarim & Taira - Indonesia
- Sindya Power Generating Company Private Ltd
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- Maharashtra Electricity Regulatory Commission - India
- SMC Global Power, Philippines
- Billiton Holdings Pty Ltd - Australia
- Central Electricity Authority - India
- Metalloyd Limited - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
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- Toyota Tsusho Corporation, Japan
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- Commonwealth Bank - Australia
- Parliament of New Zealand
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- GAC Shipping (India) Pvt Ltd
- Indian Oil Corporation Limited
- Jaiprakash Power Ventures ltd
- IEA Clean Coal Centre - UK
- Riau Bara Harum - Indonesia
- LBH Netherlands Bv - Netherlands
- Jindal Steel & Power Ltd - India
- Altura Mining Limited, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Heidelberg Cement - Germany
- Timah Investasi Mineral - Indoneisa
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- VISA Power Limited - India
- Ambuja Cements Ltd - India
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- The State Trading Corporation of India Ltd
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- South Luzon Thermal Energy Corporation
- Agrawal Coal Company - India
- White Energy Company Limited
- Bukit Baiduri Energy - Indonesia
- Simpson Spence & Young - Indonesia
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- Krishnapatnam Port Company Ltd. - India
- Indogreen Group - Indonesia
- Maheswari Brothers Coal Limited - India
- Carbofer General Trading SA - India
- Kalimantan Lumbung Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Formosa Plastics Group - Taiwan
- Aditya Birla Group - India
- Planning Commission, India
- Georgia Ports Authority, United States
- McConnell Dowell - Australia
- Independent Power Producers Association of India
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- Australian Coal Association
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- Sinarmas Energy and Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mjunction Services Limited - India
- IHS Mccloskey Coal Group - USA
- Medco Energi Mining Internasional
- Anglo American - United Kingdom
- Interocean Group of Companies - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Banpu Public Company Limited - Thailand
- Chamber of Mines of South Africa
- Alfred C Toepfer International GmbH - Germany
- New Zealand Coal & Carbon
- Africa Commodities Group - South Africa
- Australian Commodity Traders Exchange
- Edison Trading Spa - Italy
- Orica Mining Services - Indonesia
- Economic Council, Georgia
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- OPG Power Generation Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Globalindo Alam Lestari - Indonesia
- Larsen & Toubro Limited - India
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- Eastern Coal Council - USA
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- Gujarat Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- Renaissance Capital - South Africa
- Singapore Mercantile Exchange
- Therma Luzon, Inc, Philippines
- Coal and Oil Company - UAE
- The University of Queensland
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- Thiess Contractors Indonesia
- Kideco Jaya Agung - Indonesia
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- Mintek Dendrill Indonesia
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- PTC India Limited - India
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- Indian Energy Exchange, India
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- Minerals Council of Australia
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- Energy Link Ltd, New Zealand
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- Goldman Sachs - Singapore
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- Cement Manufacturers Association - India
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- Manunggal Multi Energi - Indonesia
- Semirara Mining Corp, Philippines
- Lanco Infratech Ltd - India
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- Essar Steel Hazira Ltd - India
- Global Business Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
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- Electricity Generating Authority of Thailand
- Price Waterhouse Coopers - Russia
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- Electricity Authority, New Zealand
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