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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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- Alfred C Toepfer International GmbH - Germany
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- Indika Energy - Indonesia
- Tata Chemicals Ltd - India
- Intertek Mineral Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Sarangani Energy Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Vedanta Resources Plc - India
- South Luzon Thermal Energy Corporation
- India Bulls Power Limited - India
- Baramulti Group, Indonesia
- PowerSource Philippines DevCo
- Energy Development Corp, Philippines
- ASAPP Information Group - India
- Binh Thuan Hamico - Vietnam
- Latin American Coal - Colombia
- Grasim Industreis Ltd - India
- ICICI Bank Limited - India
- Goldman Sachs - Singapore
- Miang Besar Coal Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- Coastal Gujarat Power Limited - India
- Chamber of Mines of South Africa
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- Petron Corporation, Philippines
- Ministry of Finance - Indonesia
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- Gujarat Mineral Development Corp Ltd - India
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- Australian Commodity Traders Exchange
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- Malabar Cements Ltd - India
- SMG Consultants - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Billiton Holdings Pty Ltd - Australia
- Heidelberg Cement - Germany
- Thai Mozambique Logistica
- Energy Link Ltd, New Zealand
- Sical Logistics Limited - India
- Semirara Mining Corp, Philippines
- Trasteel International SA, Italy
- Bhushan Steel Limited - India
- Sakthi Sugars Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CNBM International Corporation - China
- Banpu Public Company Limited - Thailand
- Ministry of Transport, Egypt
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- Jaiprakash Power Ventures ltd
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- PTC India Limited - India
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- Africa Commodities Group - South Africa
- Sinarmas Energy and Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- MS Steel International - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercuria Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Interocean Group of Companies - India
- International Coal Ventures Pvt Ltd - India
- Indian Oil Corporation Limited
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- Kapuas Tunggal Persada - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bhatia International Limited - India
- Chettinad Cement Corporation Ltd - India
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- McConnell Dowell - Australia
- GAC Shipping (India) Pvt Ltd
- Gujarat Sidhee Cement - India
- Medco Energi Mining Internasional
- Indogreen Group - Indonesia
- Sindya Power Generating Company Private Ltd
- Singapore Mercantile Exchange
- Parliament of New Zealand
- Makarim & Taira - Indonesia
- Savvy Resources Ltd - HongKong
- Commonwealth Bank - Australia
- VISA Power Limited - India
- Global Coal Blending Company Limited - Australia
- Deloitte Consulting - India
- PNOC Exploration Corporation - Philippines
- Wilmar Investment Holdings
- Planning Commission, India
- The University of Queensland
- Wood Mackenzie - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Coal Council - USA
- Bhoruka Overseas - Indonesia
- Jorong Barutama Greston.PT - Indonesia
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- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- Rio Tinto Coal - Australia
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- Bukit Baiduri Energy - Indonesia
- Orica Australia Pty. Ltd.
- Coal and Oil Company - UAE
- Maharashtra Electricity Regulatory Commission - India
- Economic Council, Georgia
- Australian Coal Association
- San Jose City I Power Corp, Philippines
- White Energy Company Limited
- Electricity Authority, New Zealand
- Xindia Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Mintek Dendrill Indonesia
- Romanian Commodities Exchange
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- TeaM Sual Corporation - Philippines
- Merrill Lynch Commodities Europe
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- Thiess Contractors Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- OPG Power Generation Pvt Ltd - India
- Ministry of Mines - Canada
- PetroVietnam Power Coal Import and Supply Company
- Maheswari Brothers Coal Limited - India
- Larsen & Toubro Limited - India
- Minerals Council of Australia
- Global Business Power Corporation, Philippines
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- Meralco Power Generation, Philippines
- Indian Energy Exchange, India
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Videocon Industries ltd - India
- Madhucon Powers Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
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- European Bulk Services B.V. - Netherlands
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- Independent Power Producers Association of India
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- Bangladesh Power Developement Board
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- Georgia Ports Authority, United States
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- Leighton Contractors Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
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- Bukit Makmur.PT - Indonesia
- Cement Manufacturers Association - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Barasentosa Lestari - Indonesia
- Samtan Co., Ltd - South Korea
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