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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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- Krishnapatnam Port Company Ltd. - India
- Siam City Cement PLC, Thailand
- Petrochimia International Co. Ltd.- Taiwan
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- Formosa Plastics Group - Taiwan
- Tamil Nadu electricity Board
- Mjunction Services Limited - India
- Savvy Resources Ltd - HongKong
- Bukit Asam (Persero) Tbk - Indonesia
- Makarim & Taira - Indonesia
- TeaM Sual Corporation - Philippines
- Romanian Commodities Exchange
- Africa Commodities Group - South Africa
- Directorate Of Revenue Intelligence - India
- McConnell Dowell - Australia
- Coastal Gujarat Power Limited - India
- Petron Corporation, Philippines
- Orica Australia Pty. Ltd.
- Mintek Dendrill Indonesia
- Minerals Council of Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- International Coal Ventures Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Coalindo Energy - Indonesia
- Coal and Oil Company - UAE
- IHS Mccloskey Coal Group - USA
- Xindia Steels Limited - India
- Kideco Jaya Agung - Indonesia
- The State Trading Corporation of India Ltd
- Planning Commission, India
- AsiaOL BioFuels Corp., Philippines
- PTC India Limited - India
- India Bulls Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- ICICI Bank Limited - India
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- European Bulk Services B.V. - Netherlands
- Energy Link Ltd, New Zealand
- CNBM International Corporation - China
- SMG Consultants - Indonesia
- PNOC Exploration Corporation - Philippines
- Edison Trading Spa - Italy
- OPG Power Generation Pvt Ltd - India
- Dalmia Cement Bharat India
- GN Power Mariveles Coal Plant, Philippines
- Metalloyd Limited - United Kingdom
- Electricity Authority, New Zealand
- Merrill Lynch Commodities Europe
- Interocean Group of Companies - India
- Antam Resourcindo - Indonesia
- Bulk Trading Sa - Switzerland
- Electricity Generating Authority of Thailand
- Thai Mozambique Logistica
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- Directorate General of MIneral and Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Central Electricity Authority - India
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- Bhatia International Limited - India
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- Australian Commodity Traders Exchange
- Oldendorff Carriers - Singapore
- Kartika Selabumi Mining - Indonesia
- Wilmar Investment Holdings
- Billiton Holdings Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- Madhucon Powers Ltd - India
- Trasteel International SA, Italy
- Indian Energy Exchange, India
- Manunggal Multi Energi - Indonesia
- Standard Chartered Bank - UAE
- Simpson Spence & Young - Indonesia
- Siam City Cement - Thailand
- Marubeni Corporation - India
- Ministry of Mines - Canada
- Goldman Sachs - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
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- Indian Oil Corporation Limited
- Indika Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Jindal Steel & Power Ltd - India
- Bhushan Steel Limited - India
- Aditya Birla Group - India
- Renaissance Capital - South Africa
- Vedanta Resources Plc - India
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- South Luzon Thermal Energy Corporation
- New Zealand Coal & Carbon
- Thiess Contractors Indonesia
- Parliament of New Zealand
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- Bhoruka Overseas - Indonesia
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- Salva Resources Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
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- The University of Queensland
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- MS Steel International - UAE
- Star Paper Mills Limited - India
- Power Finance Corporation Ltd., India
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- Cement Manufacturers Association - India
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- Independent Power Producers Association of India
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- Pipit Mutiara Jaya. PT, Indonesia
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- Georgia Ports Authority, United States
- Banpu Public Company Limited - Thailand
- Malabar Cements Ltd - India
- Attock Cement Pakistan Limited
- Essar Steel Hazira Ltd - India
- Sindya Power Generating Company Private Ltd
- White Energy Company Limited
- London Commodity Brokers - England
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- Eastern Energy - Thailand
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- Ministry of Finance - Indonesia
- Lanco Infratech Ltd - India
- IEA Clean Coal Centre - UK
- Toyota Tsusho Corporation, Japan
- Intertek Mineral Services - Indonesia
- The Treasury - Australian Government
- Global Coal Blending Company Limited - Australia
- Carbofer General Trading SA - India
- Kaltim Prima Coal - Indonesia
- Australian Coal Association
- Deloitte Consulting - India
- Cigading International Bulk Terminal - Indonesia
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Energy Development Corp, Philippines
- Sakthi Sugars Limited - India
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- Commonwealth Bank - Australia
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- Bangladesh Power Developement Board
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- Riau Bara Harum - Indonesia
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- Sojitz Corporation - Japan
- Samtan Co., Ltd - South Korea
- Leighton Contractors Pty Ltd - Australia
- Economic Council, Georgia
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- LBH Netherlands Bv - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chamber of Mines of South Africa
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- Baramulti Group, Indonesia
- Bukit Baiduri Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Sical Logistics Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Coal Council - USA
- GMR Energy Limited - India
- Grasim Industreis Ltd - India
- CIMB Investment Bank - Malaysia
- Altura Mining Limited, Indonesia
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