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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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- Standard Chartered Bank - UAE
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- Vedanta Resources Plc - India
- Parliament of New Zealand
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- Heidelberg Cement - Germany
- Metalloyd Limited - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Transport, Egypt
- Simpson Spence & Young - Indonesia
- Minerals Council of Australia
- Indonesian Coal Mining Association
- Marubeni Corporation - India
- Power Finance Corporation Ltd., India
- Agrawal Coal Company - India
- LBH Netherlands Bv - Netherlands
- Banpu Public Company Limited - Thailand
- Therma Luzon, Inc, Philippines
- Cement Manufacturers Association - India
- Baramulti Group, Indonesia
- Savvy Resources Ltd - HongKong
- Kohat Cement Company Ltd. - Pakistan
- The State Trading Corporation of India Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Singapore Mercantile Exchange
- India Bulls Power Limited - India
- Ministry of Mines - Canada
- Uttam Galva Steels Limited - India
- Central Electricity Authority - India
- Georgia Ports Authority, United States
- Aditya Birla Group - India
- Thiess Contractors Indonesia
- Eastern Energy - Thailand
- Bulk Trading Sa - Switzerland
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- Sojitz Corporation - Japan
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- Sarangani Energy Corporation, Philippines
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- GVK Power & Infra Limited - India
- South Luzon Thermal Energy Corporation
- Globalindo Alam Lestari - Indonesia
- Malabar Cements Ltd - India
- Trasteel International SA, Italy
- Intertek Mineral Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Electricity Authority, New Zealand
- GMR Energy Limited - India
- PowerSource Philippines DevCo
- Ceylon Electricity Board - Sri Lanka
- Kideco Jaya Agung - Indonesia
- Indian Energy Exchange, India
- Semirara Mining and Power Corporation, Philippines
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- Salva Resources Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- IEA Clean Coal Centre - UK
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- Barasentosa Lestari - Indonesia
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- Neyveli Lignite Corporation Ltd, - India
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- Attock Cement Pakistan Limited
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- Sindya Power Generating Company Private Ltd
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- Siam City Cement - Thailand
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- Wood Mackenzie - Singapore
- Bhatia International Limited - India
- Bayan Resources Tbk. - Indonesia
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- Energy Development Corp, Philippines
- Mercuria Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Indika Energy - Indonesia
- Antam Resourcindo - Indonesia
- Samtan Co., Ltd - South Korea
- Timah Investasi Mineral - Indoneisa
- Medco Energi Mining Internasional
- Electricity Generating Authority of Thailand
- Maheswari Brothers Coal Limited - India
- McConnell Dowell - Australia
- Port Waratah Coal Services - Australia
- VISA Power Limited - India
- New Zealand Coal & Carbon
- Chettinad Cement Corporation Ltd - India
- Africa Commodities Group - South Africa
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- Parry Sugars Refinery, India
- Chamber of Mines of South Africa
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- Leighton Contractors Pty Ltd - Australia
- Star Paper Mills Limited - India
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- AsiaOL BioFuels Corp., Philippines
- Planning Commission, India
- GAC Shipping (India) Pvt Ltd
- Orica Mining Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- London Commodity Brokers - England
- Orica Australia Pty. Ltd.
- Sical Logistics Limited - India
- Gujarat Sidhee Cement - India
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- Carbofer General Trading SA - India
- Coal and Oil Company - UAE
- Romanian Commodities Exchange
- Price Waterhouse Coopers - Russia
- Posco Energy - South Korea
- Bukit Makmur.PT - Indonesia
- Altura Mining Limited, Indonesia
- Thai Mozambique Logistica
- Meralco Power Generation, Philippines
- ASAPP Information Group - India
- Australian Commodity Traders Exchange
- OPG Power Generation Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Commonwealth Bank - Australia
- The Treasury - Australian Government
- Riau Bara Harum - Indonesia
- Coalindo Energy - Indonesia
- Indogreen Group - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Finance - Indonesia
- Edison Trading Spa - Italy
- Ambuja Cements Ltd - India
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- PetroVietnam Power Coal Import and Supply Company
- CIMB Investment Bank - Malaysia
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- Sinarmas Energy and Mining - Indonesia
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- MS Steel International - UAE
- The University of Queensland
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- Interocean Group of Companies - India
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- Bangladesh Power Developement Board
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- Jorong Barutama Greston.PT - Indonesia
- Australian Coal Association
- ICICI Bank Limited - India
- Kartika Selabumi Mining - Indonesia
- Goldman Sachs - Singapore
- Mercator Lines Limited - India
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- SN Aboitiz Power Inc, Philippines
- Deloitte Consulting - India
- Bhoruka Overseas - Indonesia
- European Bulk Services B.V. - Netherlands
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- Eastern Coal Council - USA
- GN Power Mariveles Coal Plant, Philippines
- Indian Oil Corporation Limited
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- Global Coal Blending Company Limited - Australia
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- CNBM International Corporation - China
- Energy Link Ltd, New Zealand
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