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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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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Antam Resourcindo - Indonesia
- Rio Tinto Coal - Australia
- Xindia Steels Limited - India
- Ministry of Transport, Egypt
- Trasteel International SA, Italy
- Pendopo Energi Batubara - Indonesia
- Thai Mozambique Logistica
- Anglo American - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Star Paper Mills Limited - India
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- GVK Power & Infra Limited - India
- Energy Link Ltd, New Zealand
- Sree Jayajothi Cements Limited - India
- Marubeni Corporation - India
- Coalindo Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Mining Services - Indonesia
- CNBM International Corporation - China
- Kobexindo Tractors - Indoneisa
- Parry Sugars Refinery, India
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement PLC, Thailand
- Deloitte Consulting - India
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- Directorate Of Revenue Intelligence - India
- ASAPP Information Group - India
- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
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- Kideco Jaya Agung - Indonesia
- Straits Asia Resources Limited - Singapore
- Metalloyd Limited - United Kingdom
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- Indian Oil Corporation Limited
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- Minerals Council of Australia
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- Asmin Koalindo Tuhup - Indonesia
- Africa Commodities Group - South Africa
- Global Green Power PLC Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Meenaskhi Energy Private Limited - India
- Aditya Birla Group - India
- Barasentosa Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Thiess Contractors Indonesia
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- Directorate General of MIneral and Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- The Treasury - Australian Government
- Aboitiz Power Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Port Waratah Coal Services - Australia
- Formosa Plastics Group - Taiwan
- Savvy Resources Ltd - HongKong
- GAC Shipping (India) Pvt Ltd
- Borneo Indobara - Indonesia
- Toyota Tsusho Corporation, Japan
- Wood Mackenzie - Singapore
- Banpu Public Company Limited - Thailand
- White Energy Company Limited
- ICICI Bank Limited - India
- Binh Thuan Hamico - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Economic Council, Georgia
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- Indogreen Group - Indonesia
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- Sinarmas Energy and Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Commonwealth Bank - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- IEA Clean Coal Centre - UK
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- SN Aboitiz Power Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Georgia Ports Authority, United States
- Eastern Coal Council - USA
- Australian Coal Association
- Riau Bara Harum - Indonesia
- Bukit Baiduri Energy - Indonesia
- Salva Resources Pvt Ltd - India
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- Indonesian Coal Mining Association
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- Bhoruka Overseas - Indonesia
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- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
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- Mercuria Energy - Indonesia
- Standard Chartered Bank - UAE
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- Madhucon Powers Ltd - India
- Power Finance Corporation Ltd., India
- Bangladesh Power Developement Board
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- Samtan Co., Ltd - South Korea
- Edison Trading Spa - Italy
- Global Coal Blending Company Limited - Australia
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- MS Steel International - UAE
- Coal and Oil Company - UAE
- Energy Development Corp, Philippines
- Parliament of New Zealand
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- Holcim Trading Pte Ltd - Singapore
- Sical Logistics Limited - India
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- Ind-Barath Power Infra Limited - India
- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
- San Jose City I Power Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Heidelberg Cement - Germany
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- PTC India Limited - India
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- Cigading International Bulk Terminal - Indonesia
- Goldman Sachs - Singapore
- Petron Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
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- Indian Energy Exchange, India
- Ceylon Electricity Board - Sri Lanka
- The State Trading Corporation of India Ltd
- Tamil Nadu electricity Board
- Sakthi Sugars Limited - India
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- Petrochimia International Co. Ltd.- Taiwan
- Planning Commission, India
- Bharathi Cement Corporation - India
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- Indika Energy - Indonesia
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- GN Power Mariveles Coal Plant, Philippines
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