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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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- Semirara Mining and Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Commonwealth Bank - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- Bhushan Steel Limited - India
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- Aditya Birla Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Sinarmas Energy and Mining - Indonesia
- Dalmia Cement Bharat India
- Timah Investasi Mineral - Indoneisa
- Aboitiz Power Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Gujarat Sidhee Cement - India
- Krishnapatnam Port Company Ltd. - India
- Standard Chartered Bank - UAE
- Altura Mining Limited, Indonesia
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- SN Aboitiz Power Inc, Philippines
- Thai Mozambique Logistica
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- Bahari Cakrawala Sebuku - Indonesia
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- Global Green Power PLC Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Global Coal Blending Company Limited - Australia
- Bulk Trading Sa - Switzerland
- Videocon Industries ltd - India
- White Energy Company Limited
- GMR Energy Limited - India
- Minerals Council of Australia
- Anglo American - United Kingdom
- Mjunction Services Limited - India
- Sojitz Corporation - Japan
- Bayan Resources Tbk. - Indonesia
- Straits Asia Resources Limited - Singapore
- Intertek Mineral Services - Indonesia
- Ministry of Finance - Indonesia
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- Toyota Tsusho Corporation, Japan
- Romanian Commodities Exchange
- PowerSource Philippines DevCo
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- International Coal Ventures Pvt Ltd - India
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- Tamil Nadu electricity Board
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- VISA Power Limited - India
- Chamber of Mines of South Africa
- Indian Energy Exchange, India
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- Medco Energi Mining Internasional
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- Antam Resourcindo - Indonesia
- PTC India Limited - India
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- ICICI Bank Limited - India
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- Semirara Mining Corp, Philippines
- Power Finance Corporation Ltd., India
- Directorate General of MIneral and Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Indonesian Coal Mining Association
- LBH Netherlands Bv - Netherlands
- Uttam Galva Steels Limited - India
- The University of Queensland
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- AsiaOL BioFuels Corp., Philippines
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- Global Business Power Corporation, Philippines
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- Africa Commodities Group - South Africa
- Energy Development Corp, Philippines
- Electricity Generating Authority of Thailand
- Ministry of Transport, Egypt
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- Rio Tinto Coal - Australia
- Cement Manufacturers Association - India
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- Vijayanagar Sugar Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Mines - Canada
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- Kohat Cement Company Ltd. - Pakistan
- Pipit Mutiara Jaya. PT, Indonesia
- Jindal Steel & Power Ltd - India
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- Parliament of New Zealand
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- Orica Australia Pty. Ltd.
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Metalloyd Limited - United Kingdom
- Siam City Cement - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parry Sugars Refinery, India
- SMG Consultants - Indonesia
- Salva Resources Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Indika Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- McConnell Dowell - Australia
- Price Waterhouse Coopers - Russia
- GAC Shipping (India) Pvt Ltd
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- GVK Power & Infra Limited - India
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- Bukit Makmur.PT - Indonesia
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- Electricity Authority, New Zealand
- Wilmar Investment Holdings
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- Bangladesh Power Developement Board
- Samtan Co., Ltd - South Korea
- Orica Mining Services - Indonesia
- Indian Oil Corporation Limited
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- Kaltim Prima Coal - Indonesia
- CIMB Investment Bank - Malaysia
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- Planning Commission, India
- Eastern Coal Council - USA
- London Commodity Brokers - England
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- Lanco Infratech Ltd - India
- Alfred C Toepfer International GmbH - Germany
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- Australian Coal Association
- Ambuja Cements Ltd - India
- Trasteel International SA, Italy
- Petron Corporation, Philippines
- Merrill Lynch Commodities Europe
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- Latin American Coal - Colombia
- European Bulk Services B.V. - Netherlands
- PNOC Exploration Corporation - Philippines
- Malabar Cements Ltd - India
- Eastern Energy - Thailand
- Grasim Industreis Ltd - India
- Oldendorff Carriers - Singapore
- Carbofer General Trading SA - India
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- Singapore Mercantile Exchange
- Sical Logistics Limited - India
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- Economic Council, Georgia
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