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Friday, 14 August 09
INDONESIA COAL-PRICES FALL TO $74, INDIA EYES SEPT CARGOES
.jpg) 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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- PNOC Exploration Corporation - Philippines
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- Antam Resourcindo - Indonesia
- European Bulk Services B.V. - Netherlands
- Ind-Barath Power Infra Limited - India
- MS Steel International - UAE
- Sree Jayajothi Cements Limited - India
- McConnell Dowell - Australia
- Wood Mackenzie - Singapore
- Merrill Lynch Commodities Europe
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- GMR Energy Limited - India
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- Baramulti Group, Indonesia
- Power Finance Corporation Ltd., India
- Thiess Contractors Indonesia
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- Sojitz Corporation - Japan
- PowerSource Philippines DevCo
- Siam City Cement - Thailand
- Xindia Steels Limited - India
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- Indogreen Group - Indonesia
- Indika Energy - Indonesia
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- Kumho Petrochemical, South Korea
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- Manunggal Multi Energi - Indonesia
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- Holcim Trading Pte Ltd - Singapore
- Jorong Barutama Greston.PT - Indonesia
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- Borneo Indobara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
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- Romanian Commodities Exchange
- The State Trading Corporation of India Ltd
- Asmin Koalindo Tuhup - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Chamber of Mines of South Africa
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- Gujarat Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Orica Mining Services - Indonesia
- Attock Cement Pakistan Limited
- Makarim & Taira - Indonesia
- Latin American Coal - Colombia
- The University of Queensland
- India Bulls Power Limited - India
- White Energy Company Limited
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- Mjunction Services Limited - India
- Pendopo Energi Batubara - Indonesia
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- ICICI Bank Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coastal Gujarat Power Limited - India
- Independent Power Producers Association of India
- GAC Shipping (India) Pvt Ltd
- Heidelberg Cement - Germany
- SMC Global Power, Philippines
- Renaissance Capital - South Africa
- Sical Logistics Limited - India
- Commonwealth Bank - Australia
- Bharathi Cement Corporation - India
- Singapore Mercantile Exchange
- Iligan Light & Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Energy Link Ltd, New Zealand
- Rio Tinto Coal - Australia
- TeaM Sual Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Parliament of New Zealand
- Bulk Trading Sa - Switzerland
- Trasteel International SA, Italy
- Indian Energy Exchange, India
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- Banpu Public Company Limited - Thailand
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- Kepco SPC Power Corporation, Philippines
- Parry Sugars Refinery, India
- Meenaskhi Energy Private Limited - India
- Mercuria Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Deloitte Consulting - India
- Australian Coal Association
- Eastern Coal Council - USA
- Kapuas Tunggal Persada - Indonesia
- IEA Clean Coal Centre - UK
- Coalindo Energy - Indonesia
- Energy Development Corp, Philippines
- Savvy Resources Ltd - HongKong
- Coal and Oil Company - UAE
- Siam City Cement PLC, Thailand
- CIMB Investment Bank - Malaysia
- Thai Mozambique Logistica
- CNBM International Corporation - China
- Dalmia Cement Bharat India
- Anglo American - United Kingdom
- Bhoruka Overseas - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Essar Steel Hazira Ltd - India
- Indo Tambangraya Megah - Indonesia
- Marubeni Corporation - India
- Sarangani Energy Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Ministry of Finance - Indonesia
- Orica Australia Pty. Ltd.
- Leighton Contractors Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Jindal Steel & Power Ltd - India
- Price Waterhouse Coopers - Russia
- Goldman Sachs - Singapore
- Agrawal Coal Company - India
- Tamil Nadu electricity Board
- Ministry of Transport, Egypt
- Billiton Holdings Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Vedanta Resources Plc - India
- Simpson Spence & Young - Indonesia
- Interocean Group of Companies - India
- Georgia Ports Authority, United States
- Economic Council, Georgia
- Posco Energy - South Korea
- Karaikal Port Pvt Ltd - India
- The Treasury - Australian Government
- Timah Investasi Mineral - Indoneisa
- Port Waratah Coal Services - Australia
- London Commodity Brokers - England
- Riau Bara Harum - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Australian Commodity Traders Exchange
- Metalloyd Limited - United Kingdom
- Mintek Dendrill Indonesia
- Sinarmas Energy and Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- Minerals Council of Australia
- Formosa Plastics Group - Taiwan
- Globalindo Alam Lestari - Indonesia
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- Electricity Authority, New Zealand
- Wilmar Investment Holdings
- VISA Power Limited - India
- Indonesian Coal Mining Association
- Larsen & Toubro Limited - India
- Petron Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Tata Chemicals Ltd - India
- Standard Chartered Bank - UAE
- Miang Besar Coal Terminal - Indonesia
- Ministry of Mines - Canada
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- Kaltim Prima Coal - Indonesia
- Global Coal Blending Company Limited - Australia
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- IHS Mccloskey Coal Group - USA
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