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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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- McConnell Dowell - Australia
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- Parry Sugars Refinery, India
- Edison Trading Spa - Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
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- PowerSource Philippines DevCo
- Coal and Oil Company - UAE
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- Deloitte Consulting - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- LBH Netherlands Bv - Netherlands
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- Ministry of Transport, Egypt
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- Leighton Contractors Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- Eastern Energy - Thailand
- VISA Power Limited - India
- Directorate Of Revenue Intelligence - India
- Tamil Nadu electricity Board
- Energy Link Ltd, New Zealand
- GAC Shipping (India) Pvt Ltd
- Marubeni Corporation - India
- Kumho Petrochemical, South Korea
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- Bhatia International Limited - India
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- Trasteel International SA, Italy
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- Economic Council, Georgia
- Indian Energy Exchange, India
- Price Waterhouse Coopers - Russia
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- Xindia Steels Limited - India
- Metalloyd Limited - United Kingdom
- Maheswari Brothers Coal Limited - India
- Lanco Infratech Ltd - India
- Energy Development Corp, Philippines
- Jaiprakash Power Ventures ltd
- Meenaskhi Energy Private Limited - India
- Georgia Ports Authority, United States
- Indo Tambangraya Megah - Indonesia
- Intertek Mineral Services - Indonesia
- CIMB Investment Bank - Malaysia
- Romanian Commodities Exchange
- London Commodity Brokers - England
- Jorong Barutama Greston.PT - Indonesia
- Power Finance Corporation Ltd., India
- IHS Mccloskey Coal Group - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GVK Power & Infra Limited - India
- Siam City Cement - Thailand
- Ministry of Finance - Indonesia
- Thiess Contractors Indonesia
- GN Power Mariveles Coal Plant, Philippines
- South Luzon Thermal Energy Corporation
- Sojitz Corporation - Japan
- Latin American Coal - Colombia
- Australian Commodity Traders Exchange
- New Zealand Coal & Carbon
- Commonwealth Bank - Australia
- Petron Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Bhushan Steel Limited - India
- Ind-Barath Power Infra Limited - India
- Riau Bara Harum - Indonesia
- Global Business Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Sree Jayajothi Cements Limited - India
- European Bulk Services B.V. - Netherlands
- The Treasury - Australian Government
- Star Paper Mills Limited - India
- Australian Coal Association
- The State Trading Corporation of India Ltd
- Timah Investasi Mineral - Indoneisa
- Sindya Power Generating Company Private Ltd
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- Rio Tinto Coal - Australia
- ICICI Bank Limited - India
- Kepco SPC Power Corporation, Philippines
- Videocon Industries ltd - India
- Bangladesh Power Developement Board
- Bukit Baiduri Energy - Indonesia
- The University of Queensland
- SMC Global Power, Philippines
- Indogreen Group - Indonesia
- Merrill Lynch Commodities Europe
- IEA Clean Coal Centre - UK
- Essar Steel Hazira Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Mercuria Energy - Indonesia
- Orica Australia Pty. Ltd.
- Ceylon Electricity Board - Sri Lanka
- Wilmar Investment Holdings
- Renaissance Capital - South Africa
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- Savvy Resources Ltd - HongKong
- Alfred C Toepfer International GmbH - Germany
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- Makarim & Taira - Indonesia
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- Binh Thuan Hamico - Vietnam
- Bhoruka Overseas - Indonesia
- Altura Mining Limited, Indonesia
- Coalindo Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Cigading International Bulk Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- Parliament of New Zealand
- Ambuja Cements Ltd - India
- Orica Mining Services - Indonesia
- Toyota Tsusho Corporation, Japan
- TeaM Sual Corporation - Philippines
- Madhucon Powers Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- CNBM International Corporation - China
- Formosa Plastics Group - Taiwan
- SN Aboitiz Power Inc, Philippines
- Singapore Mercantile Exchange
- Chamber of Mines of South Africa
- Electricity Generating Authority of Thailand
- Grasim Industreis Ltd - India
- Minerals Council of Australia
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- Manunggal Multi Energi - Indonesia
- Baramulti Group, Indonesia
- ASAPP Information Group - India
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- Standard Chartered Bank - UAE
- Siam City Cement PLC, Thailand
- Simpson Spence & Young - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Kaltim Prima Coal - Indonesia
- Posco Energy - South Korea
- Antam Resourcindo - Indonesia
- Directorate General of MIneral and Coal - Indonesia
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- Samtan Co., Ltd - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Bharathi Cement Corporation - India
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- International Coal Ventures Pvt Ltd - India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Sakthi Sugars Limited - India
- Aditya Birla Group - India
- PTC India Limited - India
- Agrawal Coal Company - India
- Bukit Makmur.PT - Indonesia
- Cement Manufacturers Association - India
- Kobexindo Tractors - Indoneisa
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- Planning Commission, India
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- Holcim Trading Pte Ltd - Singapore
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- Independent Power Producers Association of India
- OPG Power Generation Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Carbofer General Trading SA - India
- Ministry of Mines - Canada
- Petrochimia International Co. Ltd.- Taiwan
- Kapuas Tunggal Persada - Indonesia
- Dalmia Cement Bharat India
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- Indonesian Coal Mining Association
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- Neyveli Lignite Corporation Ltd, - India
- Sinarmas Energy and Mining - Indonesia
- Sical Logistics Limited - India
- Global Coal Blending Company Limited - Australia
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- India Bulls Power Limited - India
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