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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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- Karaikal Port Pvt Ltd - India
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- Energy Link Ltd, New Zealand
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- Semirara Mining Corp, Philippines
- Star Paper Mills Limited - India
- Makarim & Taira - Indonesia
- Interocean Group of Companies - India
- CNBM International Corporation - China
- Central Electricity Authority - India
- MS Steel International - UAE
- Manunggal Multi Energi - Indonesia
- Singapore Mercantile Exchange
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- Xindia Steels Limited - India
- Salva Resources Pvt Ltd - India
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- ASAPP Information Group - India
- Global Business Power Corporation, Philippines
- GMR Energy Limited - India
- GAC Shipping (India) Pvt Ltd
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- Simpson Spence & Young - Indonesia
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Directorate General of MIneral and Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Edison Trading Spa - Italy
- Indian Energy Exchange, India
- TeaM Sual Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Dalmia Cement Bharat India
- Bhatia International Limited - India
- Siam City Cement - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Videocon Industries ltd - India
- Ceylon Electricity Board - Sri Lanka
- Rio Tinto Coal - Australia
- San Jose City I Power Corp, Philippines
- Altura Mining Limited, Indonesia
- Africa Commodities Group - South Africa
- PTC India Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Port Waratah Coal Services - Australia
- The University of Queensland
- Kohat Cement Company Ltd. - Pakistan
- Metalloyd Limited - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- McConnell Dowell - Australia
- Electricity Authority, New Zealand
- Global Green Power PLC Corporation, Philippines
- Carbofer General Trading SA - India
- Mercuria Energy - Indonesia
- Merrill Lynch Commodities Europe
- Cigading International Bulk Terminal - Indonesia
- Agrawal Coal Company - India
- Kobexindo Tractors - Indoneisa
- Australian Coal Association
- Bulk Trading Sa - Switzerland
- Anglo American - United Kingdom
- Eastern Energy - Thailand
- SN Aboitiz Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Kapuas Tunggal Persada - Indonesia
- Power Finance Corporation Ltd., India
- Romanian Commodities Exchange
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- Independent Power Producers Association of India
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- Energy Development Corp, Philippines
- IEA Clean Coal Centre - UK
- Orica Australia Pty. Ltd.
- Sakthi Sugars Limited - India
- Tamil Nadu electricity Board
- Jaiprakash Power Ventures ltd
- Latin American Coal - Colombia
- White Energy Company Limited
- Kideco Jaya Agung - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Cement Manufacturers Association - India
- Planning Commission, India
- Sojitz Corporation - Japan
- IHS Mccloskey Coal Group - USA
- Larsen & Toubro Limited - India
- Bharathi Cement Corporation - India
- Orica Mining Services - Indonesia
- Electricity Generating Authority of Thailand
- SMC Global Power, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Straits Asia Resources Limited - Singapore
- Intertek Mineral Services - Indonesia
- Marubeni Corporation - India
- International Coal Ventures Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Trasteel International SA, Italy
- Timah Investasi Mineral - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Indika Energy - Indonesia
- Indonesian Coal Mining Association
- Ministry of Transport, Egypt
- VISA Power Limited - India
- Madhucon Powers Ltd - India
- Bhushan Steel Limited - India
- Coal and Oil Company - UAE
- Siam City Cement PLC, Thailand
- Kumho Petrochemical, South Korea
- Global Coal Blending Company Limited - Australia
- Wood Mackenzie - Singapore
- South Luzon Thermal Energy Corporation
- Renaissance Capital - South Africa
- Heidelberg Cement - Germany
- Riau Bara Harum - Indonesia
- Price Waterhouse Coopers - Russia
- London Commodity Brokers - England
- Directorate Of Revenue Intelligence - India
- Krishnapatnam Port Company Ltd. - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Kaltim Prima Coal - Indonesia
- Aditya Birla Group - India
- The Treasury - Australian Government
- Asmin Koalindo Tuhup - Indonesia
- Georgia Ports Authority, United States
- Indian Oil Corporation Limited
- Miang Besar Coal Terminal - Indonesia
- Ministry of Mines - Canada
- Coalindo Energy - Indonesia
- GVK Power & Infra Limited - India
- Uttam Galva Steels Limited - India
- Banpu Public Company Limited - Thailand
- Essar Steel Hazira Ltd - India
- Posco Energy - South Korea
- The State Trading Corporation of India Ltd
- Billiton Holdings Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Malabar Cements Ltd - India
- Indogreen Group - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Minerals Council of Australia
- Semirara Mining and Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Tata Chemicals Ltd - India
- Economic Council, Georgia
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- Samtan Co., Ltd - South Korea
- Mercator Lines Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Baramulti Group, Indonesia
- Commonwealth Bank - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- New Zealand Coal & Carbon
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- Iligan Light & Power Inc, Philippines
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- Indo Tambangraya Megah - Indonesia
- Parliament of New Zealand
- Standard Chartered Bank - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Coal Council - USA
- Meenaskhi Energy Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- Goldman Sachs - Singapore
- Holcim Trading Pte Ltd - Singapore
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- European Bulk Services B.V. - Netherlands
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