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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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- Heidelberg Cement - Germany
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- Jaiprakash Power Ventures ltd
- San Jose City I Power Corp, Philippines
- Renaissance Capital - South Africa
- Thai Mozambique Logistica
- Orica Mining Services - Indonesia
- Central Java Power - Indonesia
- Global Business Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Mercator Lines Limited - India
- Indian Energy Exchange, India
- Bukit Makmur.PT - Indonesia
- Indonesian Coal Mining Association
- Oldendorff Carriers - Singapore
- TeaM Sual Corporation - Philippines
- The State Trading Corporation of India Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Globalindo Alam Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- Bhatia International Limited - India
- The Treasury - Australian Government
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- PTC India Limited - India
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- Thiess Contractors Indonesia
- Parliament of New Zealand
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- Samtan Co., Ltd - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Merrill Lynch Commodities Europe
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- Wilmar Investment Holdings
- Iligan Light & Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Kumho Petrochemical, South Korea
- GVK Power & Infra Limited - India
- Formosa Plastics Group - Taiwan
- Anglo American - United Kingdom
- Georgia Ports Authority, United States
- Interocean Group of Companies - India
- Maharashtra Electricity Regulatory Commission - India
- Minerals Council of Australia
- LBH Netherlands Bv - Netherlands
- Simpson Spence & Young - Indonesia
- Coastal Gujarat Power Limited - India
- Vedanta Resources Plc - India
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- Standard Chartered Bank - UAE
- Metalloyd Limited - United Kingdom
- Uttam Galva Steels Limited - India
- Essar Steel Hazira Ltd - India
- Central Electricity Authority - India
- New Zealand Coal & Carbon
- Directorate General of MIneral and Coal - Indonesia
- Larsen & Toubro Limited - India
- IEA Clean Coal Centre - UK
- Holcim Trading Pte Ltd - Singapore
- Rio Tinto Coal - Australia
- Xindia Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- Ministry of Transport, Egypt
- Sinarmas Energy and Mining - Indonesia
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- Chettinad Cement Corporation Ltd - India
- Energy Link Ltd, New Zealand
- Ambuja Cements Ltd - India
- Goldman Sachs - Singapore
- Grasim Industreis Ltd - India
- Wood Mackenzie - Singapore
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- International Coal Ventures Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Coal and Oil Company - UAE
- Antam Resourcindo - Indonesia
- Agrawal Coal Company - India
- Sarangani Energy Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Global Coal Blending Company Limited - Australia
- Krishnapatnam Port Company Ltd. - India
- Videocon Industries ltd - India
- Gujarat Electricity Regulatory Commission - India
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- Chamber of Mines of South Africa
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- Australian Coal Association
- Bangladesh Power Developement Board
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- Medco Energi Mining Internasional
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- Alfred C Toepfer International GmbH - Germany
- Edison Trading Spa - Italy
- GN Power Mariveles Coal Plant, Philippines
- GMR Energy Limited - India
- Gujarat Sidhee Cement - India
- Romanian Commodities Exchange
- Meenaskhi Energy Private Limited - India
- Intertek Mineral Services - Indonesia
- Planning Commission, India
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement - Thailand
- Carbofer General Trading SA - India
- Sical Logistics Limited - India
- Ministry of Mines - Canada
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- IHS Mccloskey Coal Group - USA
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- European Bulk Services B.V. - Netherlands
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement PLC, Thailand
- Therma Luzon, Inc, Philippines
- Mercuria Energy - Indonesia
- VISA Power Limited - India
- Bhoruka Overseas - Indonesia
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- Africa Commodities Group - South Africa
- Coalindo Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- The University of Queensland
- SMG Consultants - Indonesia
- Dalmia Cement Bharat India
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- Electricity Generating Authority of Thailand
- SMC Global Power, Philippines
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- Economic Council, Georgia
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- Barasentosa Lestari - Indonesia
- ICICI Bank Limited - India
- Eastern Coal Council - USA
- Tamil Nadu electricity Board
- Trasteel International SA, Italy
- Kapuas Tunggal Persada - Indonesia
- Australian Commodity Traders Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- White Energy Company Limited
- Indian Oil Corporation Limited
- Marubeni Corporation - India
- Commonwealth Bank - Australia
- Makarim & Taira - Indonesia
- Indika Energy - Indonesia
- Vizag Seaport Private Limited - India
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