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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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- Chettinad Cement Corporation Ltd - India
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- Global Coal Blending Company Limited - Australia
- Power Finance Corporation Ltd., India
- Bulk Trading Sa - Switzerland
- Oldendorff Carriers - Singapore
- Kapuas Tunggal Persada - Indonesia
- Indo Tambangraya Megah - Indonesia
- GVK Power & Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- GMR Energy Limited - India
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- Asmin Koalindo Tuhup - Indonesia
- Minerals Council of Australia
- VISA Power Limited - India
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- GAC Shipping (India) Pvt Ltd
- Eastern Energy - Thailand
- Samtan Co., Ltd - South Korea
- Medco Energi Mining Internasional
- Larsen & Toubro Limited - India
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- Straits Asia Resources Limited - Singapore
- Thai Mozambique Logistica
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- TNB Fuel Sdn Bhd - Malaysia
- The State Trading Corporation of India Ltd
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- Port Waratah Coal Services - Australia
- The University of Queensland
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- Coal and Oil Company - UAE
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- Ministry of Transport, Egypt
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- Miang Besar Coal Terminal - Indonesia
- ASAPP Information Group - India
- Bukit Baiduri Energy - Indonesia
- New Zealand Coal & Carbon
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- Vedanta Resources Plc - India
- Merrill Lynch Commodities Europe
- Krishnapatnam Port Company Ltd. - India
- Bahari Cakrawala Sebuku - Indonesia
- McConnell Dowell - Australia
- Petron Corporation, Philippines
- Commonwealth Bank - Australia
- Edison Trading Spa - Italy
- Baramulti Group, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vizag Seaport Private Limited - India
- CNBM International Corporation - China
- Electricity Generating Authority of Thailand
- Altura Mining Limited, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Independent Power Producers Association of India
- European Bulk Services B.V. - Netherlands
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- Singapore Mercantile Exchange
- Australian Coal Association
- Orica Australia Pty. Ltd.
- Jorong Barutama Greston.PT - Indonesia
- India Bulls Power Limited - India
- Mercuria Energy - Indonesia
- Aditya Birla Group - India
- Georgia Ports Authority, United States
- Therma Luzon, Inc, Philippines
- Indonesian Coal Mining Association
- Romanian Commodities Exchange
- Renaissance Capital - South Africa
- Planning Commission, India
- Sical Logistics Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Dalmia Cement Bharat India
- Mjunction Services Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Bhatia International Limited - India
- Intertek Mineral Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Authority, New Zealand
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- Kumho Petrochemical, South Korea
- Semirara Mining and Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Star Paper Mills Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Makarim & Taira - Indonesia
- Goldman Sachs - Singapore
- Sarangani Energy Corporation, Philippines
- PowerSource Philippines DevCo
- Global Business Power Corporation, Philippines
- Posco Energy - South Korea
- Kideco Jaya Agung - Indonesia
- Tata Chemicals Ltd - India
- Uttam Galva Steels Limited - India
- Bhushan Steel Limited - India
- White Energy Company Limited
- Kepco SPC Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
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- Manunggal Multi Energi - Indonesia
- Eastern Coal Council - USA
- Metalloyd Limited - United Kingdom
- Interocean Group of Companies - India
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- Chamber of Mines of South Africa
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- OPG Power Generation Pvt Ltd - India
- Marubeni Corporation - India
- LBH Netherlands Bv - Netherlands
- Directorate Of Revenue Intelligence - India
- Banpu Public Company Limited - Thailand
- Energy Link Ltd, New Zealand
- Sojitz Corporation - Japan
- Africa Commodities Group - South Africa
- Heidelberg Cement - Germany
- Indian Energy Exchange, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- South Luzon Thermal Energy Corporation
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- Standard Chartered Bank - UAE
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- The Treasury - Australian Government
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- Savvy Resources Ltd - HongKong
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- ICICI Bank Limited - India
- Maharashtra Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- San Jose City I Power Corp, Philippines
- PTC India Limited - India
- Wood Mackenzie - Singapore
- Economic Council, Georgia
- Bhoruka Overseas - Indonesia
- Agrawal Coal Company - India
- TeaM Sual Corporation - Philippines
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- Indian Oil Corporation Limited
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- Binh Thuan Hamico - Vietnam
- Rio Tinto Coal - Australia
- Orica Mining Services - Indonesia
- Aboitiz Power Corporation - Philippines
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- Ministry of Mines - Canada
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- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
- Mintek Dendrill Indonesia
- SMC Global Power, Philippines
- Bangladesh Power Developement Board
- IHS Mccloskey Coal Group - USA
- Parliament of New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Meralco Power Generation, Philippines
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