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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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- Rashtriya Ispat Nigam Limited - India
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- Manunggal Multi Energi - Indonesia
- Sakthi Sugars Limited - India
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- India Bulls Power Limited - India
- Binh Thuan Hamico - Vietnam
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- Thai Mozambique Logistica
- Thiess Contractors Indonesia
- Aboitiz Power Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
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- Tamil Nadu electricity Board
- Indian Oil Corporation Limited
- Miang Besar Coal Terminal - Indonesia
- Eastern Energy - Thailand
- PTC India Limited - India
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- The University of Queensland
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- Directorate General of MIneral and Coal - Indonesia
- VISA Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Minerals Council of Australia
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- Global Coal Blending Company Limited - Australia
- Australian Commodity Traders Exchange
- McConnell Dowell - Australia
- Latin American Coal - Colombia
- Kumho Petrochemical, South Korea
- Bhoruka Overseas - Indonesia
- Bharathi Cement Corporation - India
- Sree Jayajothi Cements Limited - India
- Oldendorff Carriers - Singapore
- Bulk Trading Sa - Switzerland
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- Bhushan Steel Limited - India
- Medco Energi Mining Internasional
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- IEA Clean Coal Centre - UK
- Therma Luzon, Inc, Philippines
- London Commodity Brokers - England
- Sindya Power Generating Company Private Ltd
- Kaltim Prima Coal - Indonesia
- Deloitte Consulting - India
- Straits Asia Resources Limited - Singapore
- Cigading International Bulk Terminal - Indonesia
- Cement Manufacturers Association - India
- Mintek Dendrill Indonesia
- Indonesian Coal Mining Association
- Singapore Mercantile Exchange
- Energy Link Ltd, New Zealand
- Baramulti Group, Indonesia
- IHS Mccloskey Coal Group - USA
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- Jorong Barutama Greston.PT - Indonesia
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- Wood Mackenzie - Singapore
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- Kideco Jaya Agung - Indonesia
- White Energy Company Limited
- Riau Bara Harum - Indonesia
- Dalmia Cement Bharat India
- Global Green Power PLC Corporation, Philippines
- PowerSource Philippines DevCo
- Planning Commission, India
- Siam City Cement PLC, Thailand
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- Electricity Authority, New Zealand
- Meralco Power Generation, Philippines
- GMR Energy Limited - India
- Anglo American - United Kingdom
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- Metalloyd Limited - United Kingdom
- Ambuja Cements Ltd - India
- Tata Chemicals Ltd - India
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- Maharashtra Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- Ceylon Electricity Board - Sri Lanka
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- Xindia Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Indogreen Group - Indonesia
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- Edison Trading Spa - Italy
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- Semirara Mining and Power Corporation, Philippines
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- Parliament of New Zealand
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- Uttam Galva Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Coal and Oil Company - UAE
- Trasteel International SA, Italy
- Formosa Plastics Group - Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Generating Authority of Thailand
- Interocean Group of Companies - India
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- Intertek Mineral Services - Indonesia
- Standard Chartered Bank - UAE
- Barasentosa Lestari - Indonesia
- GVK Power & Infra Limited - India
- Price Waterhouse Coopers - Russia
- Samtan Co., Ltd - South Korea
- International Coal Ventures Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Sojitz Corporation - Japan
- San Jose City I Power Corp, Philippines
- Eastern Coal Council - USA
- Economic Council, Georgia
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- Central Electricity Authority - India
- European Bulk Services B.V. - Netherlands
- The State Trading Corporation of India Ltd
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- Maheswari Brothers Coal Limited - India
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- Power Finance Corporation Ltd., India
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- Merrill Lynch Commodities Europe
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- Bukit Makmur.PT - Indonesia
- Heidelberg Cement - Germany
- Africa Commodities Group - South Africa
- Renaissance Capital - South Africa
- Directorate Of Revenue Intelligence - India
- Chamber of Mines of South Africa
- ASAPP Information Group - India
- ICICI Bank Limited - India
- Simpson Spence & Young - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Jaiprakash Power Ventures ltd
- GAC Shipping (India) Pvt Ltd
- Orica Mining Services - Indonesia
- New Zealand Coal & Carbon
- The Treasury - Australian Government
- Goldman Sachs - Singapore
- Vedanta Resources Plc - India
- Sinarmas Energy and Mining - Indonesia
- Ministry of Mines - Canada
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