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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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- Sojitz Corporation - Japan
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- Ministry of Finance - Indonesia
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- Coalindo Energy - Indonesia
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- International Coal Ventures Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Bukit Baiduri Energy - Indonesia
- Cement Manufacturers Association - India
- Standard Chartered Bank - UAE
- Wood Mackenzie - Singapore
- Grasim Industreis Ltd - India
- San Jose City I Power Corp, Philippines
- Georgia Ports Authority, United States
- Thai Mozambique Logistica
- Makarim & Taira - Indonesia
- GVK Power & Infra Limited - India
- Latin American Coal - Colombia
- Alfred C Toepfer International GmbH - Germany
- Romanian Commodities Exchange
- Intertek Mineral Services - Indonesia
- Lanco Infratech Ltd - India
- Australian Commodity Traders Exchange
- Rio Tinto Coal - Australia
- Dalmia Cement Bharat India
- The University of Queensland
- Edison Trading Spa - Italy
- Riau Bara Harum - Indonesia
- Antam Resourcindo - Indonesia
- Petron Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Kepco SPC Power Corporation, Philippines
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- Global Coal Blending Company Limited - Australia
- Central Electricity Authority - India
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- Price Waterhouse Coopers - Russia
- Global Business Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- CNBM International Corporation - China
- Kalimantan Lumbung Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Marubeni Corporation - India
- Chettinad Cement Corporation Ltd - India
- Commonwealth Bank - Australia
- New Zealand Coal & Carbon
- Iligan Light & Power Inc, Philippines
- Kumho Petrochemical, South Korea
- Tata Chemicals Ltd - India
- Planning Commission, India
- London Commodity Brokers - England
- Global Green Power PLC Corporation, Philippines
- Madhucon Powers Ltd - India
- Tamil Nadu electricity Board
- Barasentosa Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karaikal Port Pvt Ltd - India
- Goldman Sachs - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Mintek Dendrill Indonesia
- Wilmar Investment Holdings
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- Singapore Mercantile Exchange
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- Oldendorff Carriers - Singapore
- Independent Power Producers Association of India
- Leighton Contractors Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Indonesian Coal Mining Association
- Trasteel International SA, Italy
- Miang Besar Coal Terminal - Indonesia
- Bangladesh Power Developement Board
- Energy Development Corp, Philippines
- Power Finance Corporation Ltd., India
- The State Trading Corporation of India Ltd
- Maharashtra Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Manunggal Multi Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Port Waratah Coal Services - Australia
- Altura Mining Limited, Indonesia
- Central Java Power - Indonesia
- Australian Coal Association
- Siam City Cement PLC, Thailand
- Africa Commodities Group - South Africa
- IHS Mccloskey Coal Group - USA
- Economic Council, Georgia
- Sakthi Sugars Limited - India
- AsiaOL BioFuels Corp., Philippines
- Renaissance Capital - South Africa
- Metalloyd Limited - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Ministry of Transport, Egypt
- SMC Global Power, Philippines
- Bhoruka Overseas - Indonesia
- Jindal Steel & Power Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- GMR Energy Limited - India
- McConnell Dowell - Australia
- India Bulls Power Limited - India
- Chamber of Mines of South Africa
- Billiton Holdings Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Kartika Selabumi Mining - Indonesia
- Binh Thuan Hamico - Vietnam
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- Meralco Power Generation, Philippines
- VISA Power Limited - India
- Ministry of Mines - Canada
- Sarangani Energy Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- ASAPP Information Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Kaltim Prima Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Siam City Cement - Thailand
- Sinarmas Energy and Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- Indian Energy Exchange, India
- Sindya Power Generating Company Private Ltd
- Parliament of New Zealand
- Salva Resources Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Formosa Plastics Group - Taiwan
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- Bank of Tokyo Mitsubishi UFJ Ltd
- White Energy Company Limited
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- Petrochimia International Co. Ltd.- Taiwan
- MS Steel International - UAE
- Sical Logistics Limited - India
- Eastern Coal Council - USA
- Electricity Generating Authority of Thailand
- European Bulk Services B.V. - Netherlands
- TeaM Sual Corporation - Philippines
- Interocean Group of Companies - India
- Mercator Lines Limited - India
- Minerals Council of Australia
- Coal and Oil Company - UAE
- Directorate General of MIneral and Coal - Indonesia
- Mjunction Services Limited - India
- PTC India Limited - India
- Gujarat Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Indogreen Group - Indonesia
- Carbofer General Trading SA - India
- ICICI Bank Limited - India
- Samtan Co., Ltd - South Korea
- Baramulti Group, Indonesia
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coastal Gujarat Power Limited - India
- Electricity Authority, New Zealand
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- Posco Energy - South Korea
- PetroVietnam Power Coal Import and Supply Company
- Deloitte Consulting - India
- IEA Clean Coal Centre - UK
- Mercuria Energy - Indonesia
- Banpu Public Company Limited - Thailand
- The Treasury - Australian Government
- Ceylon Electricity Board - Sri Lanka
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Australia Pty. Ltd.
- Eastern Energy - Thailand
- Directorate Of Revenue Intelligence - India
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- Larsen & Toubro Limited - India
- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
- CIMB Investment Bank - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Vedanta Resources Plc - India
- Medco Energi Mining Internasional
- Cigading International Bulk Terminal - Indonesia
- Indian Oil Corporation Limited
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMG Consultants - Indonesia
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- Merrill Lynch Commodities Europe
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- Thiess Contractors Indonesia
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