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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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- Vizag Seaport Private Limited - India
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- The University of Queensland
- The State Trading Corporation of India Ltd
- Directorate General of MIneral and Coal - Indonesia
- Eastern Coal Council - USA
- Formosa Plastics Group - Taiwan
- Ministry of Finance - Indonesia
- ASAPP Information Group - India
- Thai Mozambique Logistica
- Siam City Cement - Thailand
- Price Waterhouse Coopers - Russia
- Samtan Co., Ltd - South Korea
- PNOC Exploration Corporation - Philippines
- Minerals Council of Australia
- Sojitz Corporation - Japan
- Altura Mining Limited, Indonesia
- GMR Energy Limited - India
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- Indian Oil Corporation Limited
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- Meenaskhi Energy Private Limited - India
- Malabar Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
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- SN Aboitiz Power Inc, Philippines
- Central Electricity Authority - India
- Chettinad Cement Corporation Ltd - India
- Ministry of Transport, Egypt
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- McConnell Dowell - Australia
- Edison Trading Spa - Italy
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- Economic Council, Georgia
- SMC Global Power, Philippines
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- Jindal Steel & Power Ltd - India
- Kaltim Prima Coal - Indonesia
- Wilmar Investment Holdings
- Kobexindo Tractors - Indoneisa
- IHS Mccloskey Coal Group - USA
- Karaikal Port Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- The Treasury - Australian Government
- IEA Clean Coal Centre - UK
- Petron Corporation, Philippines
- Trasteel International SA, Italy
- Ceylon Electricity Board - Sri Lanka
- European Bulk Services B.V. - Netherlands
- Barasentosa Lestari - Indonesia
- Semirara Mining Corp, Philippines
- New Zealand Coal & Carbon
- Krishnapatnam Port Company Ltd. - India
- Madhucon Powers Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Toyota Tsusho Corporation, Japan
- Makarim & Taira - Indonesia
- Energy Link Ltd, New Zealand
- Singapore Mercantile Exchange
- International Coal Ventures Pvt Ltd - India
- Renaissance Capital - South Africa
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- Bhatia International Limited - India
- LBH Netherlands Bv - Netherlands
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Mineral Development Corp Ltd - India
- Romanian Commodities Exchange
- Miang Besar Coal Terminal - Indonesia
- Bulk Trading Sa - Switzerland
- Straits Asia Resources Limited - Singapore
- Sree Jayajothi Cements Limited - India
- Sical Logistics Limited - India
- Latin American Coal - Colombia
- Vijayanagar Sugar Pvt Ltd - India
- ICICI Bank Limited - India
- Indonesian Coal Mining Association
- MS Steel International - UAE
- Therma Luzon, Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Holcim Trading Pte Ltd - Singapore
- Billiton Holdings Pty Ltd - Australia
- Chamber of Mines of South Africa
- Port Waratah Coal Services - Australia
- Thiess Contractors Indonesia
- Sarangani Energy Corporation, Philippines
- Agrawal Coal Company - India
- Directorate Of Revenue Intelligence - India
- Globalindo Alam Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bayan Resources Tbk. - Indonesia
- Electricity Generating Authority of Thailand
- Energy Development Corp, Philippines
- Goldman Sachs - Singapore
- Antam Resourcindo - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Central Java Power - Indonesia
- Binh Thuan Hamico - Vietnam
- Interocean Group of Companies - India
- Savvy Resources Ltd - HongKong
- Bahari Cakrawala Sebuku - Indonesia
- Deloitte Consulting - India
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- Ind-Barath Power Infra Limited - India
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
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- Wood Mackenzie - Singapore
- Orica Australia Pty. Ltd.
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- Sakthi Sugars Limited - India
- Carbofer General Trading SA - India
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- Indogreen Group - Indonesia
- Independent Power Producers Association of India
- Cigading International Bulk Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Indian Energy Exchange, India
- Mjunction Services Limited - India
- Jorong Barutama Greston.PT - Indonesia
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- Bharathi Cement Corporation - India
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- Australian Coal Association
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- Commonwealth Bank - Australia
- San Jose City I Power Corp, Philippines
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- Bangladesh Power Developement Board
- Tata Chemicals Ltd - India
- Eastern Energy - Thailand
- Vedanta Resources Plc - India
- Parliament of New Zealand
- Global Coal Blending Company Limited - Australia
- Tamil Nadu electricity Board
- London Commodity Brokers - England
- Lanco Infratech Ltd - India
- Cement Manufacturers Association - India
- Rashtriya Ispat Nigam Limited - India
- Coalindo Energy - Indonesia
- Electricity Authority, New Zealand
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- Mintek Dendrill Indonesia
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- Standard Chartered Bank - UAE
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- Georgia Ports Authority, United States
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- Planning Commission, India
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- VISA Power Limited - India
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- Australian Commodity Traders Exchange
- Metalloyd Limited - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Sinarmas Energy and Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMG Consultants - Indonesia
- Ministry of Mines - Canada
- Aboitiz Power Corporation - Philippines
- CNBM International Corporation - China
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