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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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- Larsen & Toubro Limited - India
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- Australian Coal Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Orica Mining Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Indogreen Group - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Binh Thuan Hamico - Vietnam
- MS Steel International - UAE
- Merrill Lynch Commodities Europe
- Pipit Mutiara Jaya. PT, Indonesia
- Independent Power Producers Association of India
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- PetroVietnam Power Coal Import and Supply Company
- San Jose City I Power Corp, Philippines
- Formosa Plastics Group - Taiwan
- Kideco Jaya Agung - Indonesia
- Pendopo Energi Batubara - Indonesia
- Ministry of Finance - Indonesia
- Coastal Gujarat Power Limited - India
- Central Java Power - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- CIMB Investment Bank - Malaysia
- Vedanta Resources Plc - India
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- Thai Mozambique Logistica
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- Mjunction Services Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Georgia Ports Authority, United States
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- IEA Clean Coal Centre - UK
- Planning Commission, India
- Tata Chemicals Ltd - India
- Ministry of Transport, Egypt
- Malabar Cements Ltd - India
- Interocean Group of Companies - India
- Africa Commodities Group - South Africa
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- Bharathi Cement Corporation - India
- Anglo American - United Kingdom
- Parry Sugars Refinery, India
- Bukit Baiduri Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Mines - Canada
- Uttam Galva Steels Limited - India
- Romanian Commodities Exchange
- Therma Luzon, Inc, Philippines
- Coal and Oil Company - UAE
- Grasim Industreis Ltd - India
- Sarangani Energy Corporation, Philippines
- Mintek Dendrill Indonesia
- London Commodity Brokers - England
- Eastern Coal Council - USA
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- Economic Council, Georgia
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- Sakthi Sugars Limited - India
- Parliament of New Zealand
- GAC Shipping (India) Pvt Ltd
- Thiess Contractors Indonesia
- Iligan Light & Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Gujarat Sidhee Cement - India
- Coalindo Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Electricity Authority, New Zealand
- Trasteel International SA, Italy
- Krishnapatnam Port Company Ltd. - India
- Rio Tinto Coal - Australia
- Maheswari Brothers Coal Limited - India
- Global Coal Blending Company Limited - Australia
- Baramulti Group, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chamber of Mines of South Africa
- Metalloyd Limited - United Kingdom
- Petron Corporation, Philippines
- Wood Mackenzie - Singapore
- Alfred C Toepfer International GmbH - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- Medco Energi Mining Internasional
- Borneo Indobara - Indonesia
- Mercator Lines Limited - India
- Vizag Seaport Private Limited - India
- McConnell Dowell - Australia
- Latin American Coal - Colombia
- Siam City Cement - Thailand
- Power Finance Corporation Ltd., India
- Marubeni Corporation - India
- Edison Trading Spa - Italy
- The Treasury - Australian Government
- Simpson Spence & Young - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Salva Resources Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Standard Chartered Bank - UAE
- Samtan Co., Ltd - South Korea
- Ceylon Electricity Board - Sri Lanka
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- Renaissance Capital - South Africa
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- LBH Netherlands Bv - Netherlands
- Sical Logistics Limited - India
- Globalindo Alam Lestari - Indonesia
- Minerals Council of Australia
- Port Waratah Coal Services - Australia
- Aboitiz Power Corporation - Philippines
- Meralco Power Generation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- European Bulk Services B.V. - Netherlands
- Sojitz Corporation - Japan
- Riau Bara Harum - Indonesia
- Posco Energy - South Korea
- Oldendorff Carriers - Singapore
- Siam City Cement PLC, Thailand
- Carbofer General Trading SA - India
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- Kobexindo Tractors - Indoneisa
- GMR Energy Limited - India
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- Orica Australia Pty. Ltd.
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- OPG Power Generation Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Indonesian Coal Mining Association
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- Barasentosa Lestari - Indonesia
- Aditya Birla Group - India
- Bayan Resources Tbk. - Indonesia
- Billiton Holdings Pty Ltd - Australia
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- Price Waterhouse Coopers - Russia
- Goldman Sachs - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Energy Link Ltd, New Zealand
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- Intertek Mineral Services - Indonesia
- ICICI Bank Limited - India
- SMG Consultants - Indonesia
- Indo Tambangraya Megah - Indonesia
- Lanco Infratech Ltd - India
- Commonwealth Bank - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jindal Steel & Power Ltd - India
- Singapore Mercantile Exchange
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- Chettinad Cement Corporation Ltd - India
- Altura Mining Limited, Indonesia
- IHS Mccloskey Coal Group - USA
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- The State Trading Corporation of India Ltd
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- Bulk Trading Sa - Switzerland
- Indian Oil Corporation Limited
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- GVK Power & Infra Limited - India
- Videocon Industries ltd - India
- Directorate Of Revenue Intelligence - India
- Straits Asia Resources Limited - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Agrawal Coal Company - India
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- Cement Manufacturers Association - India
- The University of Queensland
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- Energy Development Corp, Philippines
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