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Friday, 14 August 09
INDONESIA COAL-PRICES FALL TO $74, INDIA EYES SEPT CARGOES
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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- Latin American Coal - Colombia
- LBH Netherlands Bv - Netherlands
- Cement Manufacturers Association - India
- White Energy Company Limited
- Rashtriya Ispat Nigam Limited - India
- Antam Resourcindo - Indonesia
- Madhucon Powers Ltd - India
- CIMB Investment Bank - Malaysia
- Planning Commission, India
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- Maharashtra Electricity Regulatory Commission - India
- PTC India Limited - India
- Ambuja Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rio Tinto Coal - Australia
- Gujarat Sidhee Cement - India
- Minerals Council of Australia
- Bulk Trading Sa - Switzerland
- Edison Trading Spa - Italy
- SMC Global Power, Philippines
- Toyota Tsusho Corporation, Japan
- TeaM Sual Corporation - Philippines
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- Electricity Generating Authority of Thailand
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- Eastern Coal Council - USA
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- Ministry of Transport, Egypt
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- Tamil Nadu electricity Board
- Grasim Industreis Ltd - India
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- Maheswari Brothers Coal Limited - India
- Bukit Baiduri Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Baramulti Group, Indonesia
- Chamber of Mines of South Africa
- Leighton Contractors Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Indian Energy Exchange, India
- Ministry of Mines - Canada
- Africa Commodities Group - South Africa
- New Zealand Coal & Carbon
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- GVK Power & Infra Limited - India
- Energy Link Ltd, New Zealand
- Ind-Barath Power Infra Limited - India
- Larsen & Toubro Limited - India
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- Sinarmas Energy and Mining - Indonesia
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- Electricity Authority, New Zealand
- IEA Clean Coal Centre - UK
- Bharathi Cement Corporation - India
- Singapore Mercantile Exchange
- Coastal Gujarat Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- SMG Consultants - Indonesia
- Romanian Commodities Exchange
- Borneo Indobara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- MS Steel International - UAE
- Sakthi Sugars Limited - India
- Petron Corporation, Philippines
- GMR Energy Limited - India
- Jindal Steel & Power Ltd - India
- Parry Sugars Refinery, India
- Straits Asia Resources Limited - Singapore
- Heidelberg Cement - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- The State Trading Corporation of India Ltd
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- Coal and Oil Company - UAE
- Jaiprakash Power Ventures ltd
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- South Luzon Thermal Energy Corporation
- Global Business Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Aditya Birla Group - India
- Barasentosa Lestari - Indonesia
- Economic Council, Georgia
- Metalloyd Limited - United Kingdom
- Sree Jayajothi Cements Limited - India
- Ceylon Electricity Board - Sri Lanka
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- Manunggal Multi Energi - Indonesia
- Trasteel International SA, Italy
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- Energy Development Corp, Philippines
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- Indogreen Group - Indonesia
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- Xindia Steels Limited - India
- Makarim & Taira - Indonesia
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- Simpson Spence & Young - Indonesia
- Bhoruka Overseas - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kaltim Prima Coal - Indonesia
- ICICI Bank Limited - India
- Thiess Contractors Indonesia
- Savvy Resources Ltd - HongKong
- Jorong Barutama Greston.PT - Indonesia
- Indika Energy - Indonesia
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- Bukit Asam (Persero) Tbk - Indonesia
- The Treasury - Australian Government
- Georgia Ports Authority, United States
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- Pendopo Energi Batubara - Indonesia
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- Australian Commodity Traders Exchange
- Kumho Petrochemical, South Korea
- Commonwealth Bank - Australia
- Miang Besar Coal Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Global Coal Blending Company Limited - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vijayanagar Sugar Pvt Ltd - India
- Indonesian Coal Mining Association
- Independent Power Producers Association of India
- International Coal Ventures Pvt Ltd - India
- Bhatia International Limited - India
- Bukit Makmur.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tata Chemicals Ltd - India
- Mintek Dendrill Indonesia
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- Gujarat Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- Standard Chartered Bank - UAE
- IHS Mccloskey Coal Group - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercuria Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Bhushan Steel Limited - India
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- The University of Queensland
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- Thai Mozambique Logistica
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- Siam City Cement PLC, Thailand
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- Wilmar Investment Holdings
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- Directorate General of MIneral and Coal - Indonesia
- Ministry of Finance - Indonesia
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- Goldman Sachs - Singapore
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- Alfred C Toepfer International GmbH - Germany
- Intertek Mineral Services - Indonesia
- Power Finance Corporation Ltd., India
- Indo Tambangraya Megah - Indonesia
- Binh Thuan Hamico - Vietnam
- VISA Power Limited - India
- Eastern Energy - Thailand
- Samtan Co., Ltd - South Korea
- Kapuas Tunggal Persada - Indonesia
- Australian Coal Association
- Star Paper Mills Limited - India
- Indian Oil Corporation Limited
- Bangladesh Power Developement Board
- Billiton Holdings Pty Ltd - Australia
- Sojitz Corporation - Japan
- Mercator Lines Limited - India
- Posco Energy - South Korea
- Wood Mackenzie - Singapore
- Price Waterhouse Coopers - Russia
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