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Friday, 14 August 09
INDONESIA COAL-PRICES FALL TO $74, INDIA EYES SEPT CARGOES
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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- Indian Oil Corporation Limited
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- Wilmar Investment Holdings
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- Edison Trading Spa - Italy
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- Ind-Barath Power Infra Limited - India
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- SMG Consultants - Indonesia
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- Coal and Oil Company - UAE
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- Leighton Contractors Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- Sree Jayajothi Cements Limited - India
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- Savvy Resources Ltd - HongKong
- Kaltim Prima Coal - Indonesia
- Economic Council, Georgia
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- Cigading International Bulk Terminal - Indonesia
- Planning Commission, India
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- Tamil Nadu electricity Board
- CNBM International Corporation - China
- The University of Queensland
- New Zealand Coal & Carbon
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- Semirara Mining Corp, Philippines
- ASAPP Information Group - India
- Billiton Holdings Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- OPG Power Generation Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Lanco Infratech Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Vizag Seaport Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Electricity Generating Authority of Thailand
- London Commodity Brokers - England
- Therma Luzon, Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Minerals Council of Australia
- Alfred C Toepfer International GmbH - Germany
- CIMB Investment Bank - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Central Java Power - Indonesia
- San Jose City I Power Corp, Philippines
- Coastal Gujarat Power Limited - India
- PowerSource Philippines DevCo
- ICICI Bank Limited - India
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- Orica Australia Pty. Ltd.
- The State Trading Corporation of India Ltd
- Meenaskhi Energy Private Limited - India
- Baramulti Group, Indonesia
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- Kepco SPC Power Corporation, Philippines
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- Ministry of Finance - Indonesia
- Formosa Plastics Group - Taiwan
- Mercator Lines Limited - India
- Parry Sugars Refinery, India
- South Luzon Thermal Energy Corporation
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- Rio Tinto Coal - Australia
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- Power Finance Corporation Ltd., India
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- Indian Energy Exchange, India
- Global Coal Blending Company Limited - Australia
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- Standard Chartered Bank - UAE
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- Attock Cement Pakistan Limited
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- Ambuja Cements Ltd - India
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- Interocean Group of Companies - India
- Commonwealth Bank - Australia
- Asmin Koalindo Tuhup - Indonesia
- Marubeni Corporation - India
- SMC Global Power, Philippines
- Sakthi Sugars Limited - India
- Sical Logistics Limited - India
- Bhatia International Limited - India
- Chettinad Cement Corporation Ltd - India
- MS Steel International - UAE
- Trasteel International SA, Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Chamber of Mines of South Africa
- Kalimantan Lumbung Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Wood Mackenzie - Singapore
- Videocon Industries ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Port Waratah Coal Services - Australia
- Eastern Energy - Thailand
- GVK Power & Infra Limited - India
- The Treasury - Australian Government
- Madhucon Powers Ltd - India
- Coalindo Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- White Energy Company Limited
- Siam City Cement - Thailand
- Deloitte Consulting - India
- Jaiprakash Power Ventures ltd
- Oldendorff Carriers - Singapore
- Parliament of New Zealand
- Timah Investasi Mineral - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement PLC, Thailand
- Thiess Contractors Indonesia
- Price Waterhouse Coopers - Russia
- Gujarat Electricity Regulatory Commission - India
- Australian Coal Association
- Banpu Public Company Limited - Thailand
- Pendopo Energi Batubara - Indonesia
- Riau Bara Harum - Indonesia
- GMR Energy Limited - India
- Orica Mining Services - Indonesia
- Borneo Indobara - Indonesia
- Goldman Sachs - Singapore
- PTC India Limited - India
- Sojitz Corporation - Japan
- Global Green Power PLC Corporation, Philippines
- Energy Link Ltd, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Africa Commodities Group - South Africa
- Malabar Cements Ltd - India
- Eastern Coal Council - USA
- Vijayanagar Sugar Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Barasentosa Lestari - Indonesia
- Mercuria Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Development Corp, Philippines
- Xindia Steels Limited - India
- Kobexindo Tractors - Indoneisa
- India Bulls Power Limited - India
- Bharathi Cement Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Bayan Resources Tbk. - Indonesia
- Salva Resources Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Sinarmas Energy and Mining - Indonesia
- Anglo American - United Kingdom
- Romanian Commodities Exchange
- Straits Asia Resources Limited - Singapore
- Merrill Lynch Commodities Europe
- PNOC Exploration Corporation - Philippines
- Grasim Industreis Ltd - India
- Indika Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
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