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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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- Timah Investasi Mineral - Indoneisa
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- Kalimantan Lumbung Energi - Indonesia
- Tata Chemicals Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Wood Mackenzie - Singapore
- Wilmar Investment Holdings
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- Posco Energy - South Korea
- Australian Coal Association
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- Offshore Bulk Terminal Pte Ltd, Singapore
- GMR Energy Limited - India
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- Australian Commodity Traders Exchange
- Global Business Power Corporation, Philippines
- Singapore Mercantile Exchange
- TeaM Sual Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Meenaskhi Energy Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bharathi Cement Corporation - India
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- Renaissance Capital - South Africa
- Sical Logistics Limited - India
- The Treasury - Australian Government
- PNOC Exploration Corporation - Philippines
- Xindia Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Medco Energi Mining Internasional
- Kapuas Tunggal Persada - Indonesia
- GAC Shipping (India) Pvt Ltd
- Ministry of Transport, Egypt
- Anglo American - United Kingdom
- Coal and Oil Company - UAE
- LBH Netherlands Bv - Netherlands
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- European Bulk Services B.V. - Netherlands
- PTC India Limited - India
- Larsen & Toubro Limited - India
- Rio Tinto Coal - Australia
- Maharashtra Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- Straits Asia Resources Limited - Singapore
- Mjunction Services Limited - India
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- Mintek Dendrill Indonesia
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- Tamil Nadu electricity Board
- Sakthi Sugars Limited - India
- San Jose City I Power Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Interocean Group of Companies - India
- Price Waterhouse Coopers - Russia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Mineral Development Corp Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Oldendorff Carriers - Singapore
- Grasim Industreis Ltd - India
- Energy Link Ltd, New Zealand
- Savvy Resources Ltd - HongKong
- Toyota Tsusho Corporation, Japan
- Therma Luzon, Inc, Philippines
- Central Java Power - Indonesia
- The University of Queensland
- Bhoruka Overseas - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Simpson Spence & Young - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Mercuria Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Sojitz Corporation - Japan
- Madhucon Powers Ltd - India
- Pendopo Energi Batubara - Indonesia
- The State Trading Corporation of India Ltd
- Indian Oil Corporation Limited
- Marubeni Corporation - India
- AsiaOL BioFuels Corp., Philippines
- PetroVietnam Power Coal Import and Supply Company
- Leighton Contractors Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Ceylon Electricity Board - Sri Lanka
- Latin American Coal - Colombia
- Vedanta Resources Plc - India
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- Metalloyd Limited - United Kingdom
- Petron Corporation, Philippines
- IEA Clean Coal Centre - UK
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- Ind-Barath Power Infra Limited - India
- MS Steel International - UAE
- Energy Development Corp, Philippines
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- GVK Power & Infra Limited - India
- India Bulls Power Limited - India
- Global Coal Blending Company Limited - Australia
- Sindya Power Generating Company Private Ltd
- Standard Chartered Bank - UAE
- Antam Resourcindo - Indonesia
- Intertek Mineral Services - Indonesia
- Sree Jayajothi Cements Limited - India
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- Bhushan Steel Limited - India
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- Merrill Lynch Commodities Europe
- Directorate General of MIneral and Coal - Indonesia
- Chamber of Mines of South Africa
- PowerSource Philippines DevCo
- London Commodity Brokers - England
- Bayan Resources Tbk. - Indonesia
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- Maheswari Brothers Coal Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Binh Thuan Hamico - Vietnam
- Economic Council, Georgia
- Thai Mozambique Logistica
- Indonesian Coal Mining Association
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- Lanco Infratech Ltd - India
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- White Energy Company Limited
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- Planning Commission, India
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- CNBM International Corporation - China
- IHS Mccloskey Coal Group - USA
- ASAPP Information Group - India
- Bukit Makmur.PT - Indonesia
- Eastern Coal Council - USA
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- Electricity Authority, New Zealand
- Central Electricity Authority - India
- Port Waratah Coal Services - Australia
- Goldman Sachs - Singapore
- Kepco SPC Power Corporation, Philippines
- Indika Energy - Indonesia
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- Electricity Generating Authority of Thailand
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- Bangladesh Power Developement Board
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- Thiess Contractors Indonesia
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- Formosa Plastics Group - Taiwan
- Edison Trading Spa - Italy
- Indian Energy Exchange, India
- Iligan Light & Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Videocon Industries ltd - India
- Meralco Power Generation, Philippines
- Minerals Council of Australia
- Ministry of Finance - Indonesia
- Agrawal Coal Company - India
- Parry Sugars Refinery, India
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- Parliament of New Zealand
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