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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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- Siam City Cement PLC, Thailand
- The University of Queensland
- Ministry of Transport, Egypt
- Riau Bara Harum - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- OPG Power Generation Pvt Ltd - India
- Mjunction Services Limited - India
- Grasim Industreis Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Port Waratah Coal Services - Australia
- International Coal Ventures Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- GVK Power & Infra Limited - India
- Orica Mining Services - Indonesia
- Africa Commodities Group - South Africa
- Aditya Birla Group - India
- Marubeni Corporation - India
- Global Coal Blending Company Limited - Australia
- Indo Tambangraya Megah - Indonesia
- Manunggal Multi Energi - Indonesia
- Intertek Mineral Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Power Finance Corporation Ltd., India
- Gujarat Sidhee Cement - India
- Jorong Barutama Greston.PT - Indonesia
- Star Paper Mills Limited - India
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- Agrawal Coal Company - India
- European Bulk Services B.V. - Netherlands
- Mercuria Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Generating Authority of Thailand
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- Bhoruka Overseas - Indonesia
- Kaltim Prima Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Xindia Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Australian Coal Association
- Bhatia International Limited - India
- Salva Resources Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- IEA Clean Coal Centre - UK
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- Georgia Ports Authority, United States
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- Vedanta Resources Plc - India
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- Bhushan Steel Limited - India
- Gujarat Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Binh Thuan Hamico - Vietnam
- Bukit Makmur.PT - Indonesia
- Posco Energy - South Korea
- Essar Steel Hazira Ltd - India
- Edison Trading Spa - Italy
- Kobexindo Tractors - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- India Bulls Power Limited - India
- Heidelberg Cement - Germany
- Orica Australia Pty. Ltd.
- PowerSource Philippines DevCo
- Sical Logistics Limited - India
- Latin American Coal - Colombia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Mineral Development Corp Ltd - India
- CIMB Investment Bank - Malaysia
- Global Business Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Merrill Lynch Commodities Europe
- TeaM Sual Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Thiess Contractors Indonesia
- Ministry of Finance - Indonesia
- Savvy Resources Ltd - HongKong
- McConnell Dowell - Australia
- LBH Netherlands Bv - Netherlands
- Medco Energi Mining Internasional
- ICICI Bank Limited - India
- White Energy Company Limited
- AsiaOL BioFuels Corp., Philippines
- IHS Mccloskey Coal Group - USA
- Central Java Power - Indonesia
- SMG Consultants - Indonesia
- Kumho Petrochemical, South Korea
- Chettinad Cement Corporation Ltd - India
- New Zealand Coal & Carbon
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- Planning Commission, India
- Toyota Tsusho Corporation, Japan
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- Global Green Power PLC Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Videocon Industries ltd - India
- Coalindo Energy - Indonesia
- Economic Council, Georgia
- Minerals Council of Australia
- Rio Tinto Coal - Australia
- Maheswari Brothers Coal Limited - India
- Ceylon Electricity Board - Sri Lanka
- Price Waterhouse Coopers - Russia
- Australian Commodity Traders Exchange
- Billiton Holdings Pty Ltd - Australia
- Lanco Infratech Ltd - India
- Sakthi Sugars Limited - India
- Karaikal Port Pvt Ltd - India
- Cement Manufacturers Association - India
- South Luzon Thermal Energy Corporation
- Trasteel International SA, Italy
- Globalindo Alam Lestari - Indonesia
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- Mintek Dendrill Indonesia
- Alfred C Toepfer International GmbH - Germany
- Indonesian Coal Mining Association
- Barasentosa Lestari - Indonesia
- Central Electricity Authority - India
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- Independent Power Producers Association of India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- SN Aboitiz Power Inc, Philippines
- Deloitte Consulting - India
- Wood Mackenzie - Singapore
- Thai Mozambique Logistica
- San Jose City I Power Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- MS Steel International - UAE
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- London Commodity Brokers - England
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indogreen Group - Indonesia
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- Tamil Nadu electricity Board
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- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining Corp, Philippines
- The State Trading Corporation of India Ltd
- Straits Asia Resources Limited - Singapore
- Parliament of New Zealand
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- Coal and Oil Company - UAE
- The Treasury - Australian Government
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- Vizag Seaport Private Limited - India
- Leighton Contractors Pty Ltd - Australia
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- Meralco Power Generation, Philippines
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- Bulk Trading Sa - Switzerland
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- VISA Power Limited - India
- Bayan Resources Tbk. - Indonesia
- PTC India Limited - India
- Commonwealth Bank - Australia
- Goldman Sachs - Singapore
- Bangladesh Power Developement Board
- Wilmar Investment Holdings
- Malabar Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Indian Oil Corporation Limited
- Ministry of Mines - Canada
- Singapore Mercantile Exchange
- Chamber of Mines of South Africa
- ASAPP Information Group - India
- Simpson Spence & Young - Indonesia
- CNBM International Corporation - China
- Bharathi Cement Corporation - India
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- Eastern Coal Council - USA
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