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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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- Krishnapatnam Port Company Ltd. - India
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- India Bulls Power Limited - India
- Africa Commodities Group - South Africa
- Kideco Jaya Agung - Indonesia
- Madhucon Powers Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Aboitiz Power Corporation - Philippines
- Semirara Mining Corp, Philippines
- Meralco Power Generation, Philippines
- Eastern Coal Council - USA
- Bhoruka Overseas - Indonesia
- Essar Steel Hazira Ltd - India
- Makarim & Taira - Indonesia
- Merrill Lynch Commodities Europe
- GN Power Mariveles Coal Plant, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Chamber of Mines of South Africa
- London Commodity Brokers - England
- Formosa Plastics Group - Taiwan
- TeaM Sual Corporation - Philippines
- Lanco Infratech Ltd - India
- Sindya Power Generating Company Private Ltd
- Vedanta Resources Plc - India
- European Bulk Services B.V. - Netherlands
- Jindal Steel & Power Ltd - India
- White Energy Company Limited
- Sarangani Energy Corporation, Philippines
- Metalloyd Limited - United Kingdom
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- Mintek Dendrill Indonesia
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- Jorong Barutama Greston.PT - Indonesia
- Videocon Industries ltd - India
- Parliament of New Zealand
- Siam City Cement - Thailand
- Sical Logistics Limited - India
- Global Coal Blending Company Limited - Australia
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement PLC, Thailand
- IEA Clean Coal Centre - UK
- Directorate General of MIneral and Coal - Indonesia
- Georgia Ports Authority, United States
- Pendopo Energi Batubara - Indonesia
- Baramulti Group, Indonesia
- Binh Thuan Hamico - Vietnam
- ICICI Bank Limited - India
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- GVK Power & Infra Limited - India
- Tamil Nadu electricity Board
- Samtan Co., Ltd - South Korea
- Indian Oil Corporation Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Power Finance Corporation Ltd., India
- GAC Shipping (India) Pvt Ltd
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- Kumho Petrochemical, South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- New Zealand Coal & Carbon
- The Treasury - Australian Government
- Romanian Commodities Exchange
- Australian Coal Association
- Goldman Sachs - Singapore
- Trasteel International SA, Italy
- Australian Commodity Traders Exchange
- Mercator Lines Limited - India
- Central Electricity Authority - India
- Gujarat Sidhee Cement - India
- Energy Development Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Coal and Oil Company - UAE
- Manunggal Multi Energi - Indonesia
- Ministry of Transport, Egypt
- MS Steel International - UAE
- Marubeni Corporation - India
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- Gujarat Mineral Development Corp Ltd - India
- Globalindo Alam Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- San Jose City I Power Corp, Philippines
- Mercuria Energy - Indonesia
- Interocean Group of Companies - India
- Uttam Galva Steels Limited - India
- Commonwealth Bank - Australia
- Kapuas Tunggal Persada - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Attock Cement Pakistan Limited
- Economic Council, Georgia
- Bangladesh Power Developement Board
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- Banpu Public Company Limited - Thailand
- Semirara Mining and Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aditya Birla Group - India
- Therma Luzon, Inc, Philippines
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- Jaiprakash Power Ventures ltd
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- Meenaskhi Energy Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Star Paper Mills Limited - India
- Latin American Coal - Colombia
- Singapore Mercantile Exchange
- Salva Resources Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Posco Energy - South Korea
- Directorate Of Revenue Intelligence - India
- Global Green Power PLC Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Agrawal Coal Company - India
- Coalindo Energy - Indonesia
- McConnell Dowell - Australia
- Thiess Contractors Indonesia
- Petron Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
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- Global Business Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Indogreen Group - Indonesia
- Indian Energy Exchange, India
- Sojitz Corporation - Japan
- Ministry of Mines - Canada
- Indo Tambangraya Megah - Indonesia
- The University of Queensland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- OPG Power Generation Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Bhushan Steel Limited - India
- South Luzon Thermal Energy Corporation
- Electricity Authority, New Zealand
- Independent Power Producers Association of India
- Indonesian Coal Mining Association
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- Wood Mackenzie - Singapore
- Malabar Cements Ltd - India
- Riau Bara Harum - Indonesia
- VISA Power Limited - India
- PNOC Exploration Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Eastern Energy - Thailand
- Kaltim Prima Coal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Carbofer General Trading SA - India
- Edison Trading Spa - Italy
- Maheswari Brothers Coal Limited - India
- Tata Chemicals Ltd - India
- Indika Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- IHS Mccloskey Coal Group - USA
- Neyveli Lignite Corporation Ltd, - India
- Kalimantan Lumbung Energi - Indonesia
- Renaissance Capital - South Africa
- Port Waratah Coal Services - Australia
- SMG Consultants - Indonesia
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- Straits Asia Resources Limited - Singapore
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- Bukit Makmur.PT - Indonesia
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- Deloitte Consulting - India
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- Miang Besar Coal Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Bharathi Cement Corporation - India
- Grasim Industreis Ltd - India
- Standard Chartered Bank - UAE
- Ambuja Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- Ceylon Electricity Board - Sri Lanka
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- PowerSource Philippines DevCo
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- PTC India Limited - India
- The State Trading Corporation of India Ltd
- Minerals Council of Australia
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- Planning Commission, India
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