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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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- New Zealand Coal & Carbon
- Toyota Tsusho Corporation, Japan
- Global Coal Blending Company Limited - Australia
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- Wood Mackenzie - Singapore
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- Agrawal Coal Company - India
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- Meralco Power Generation, Philippines
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- Malabar Cements Ltd - India
- Tamil Nadu electricity Board
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- Pendopo Energi Batubara - Indonesia
- VISA Power Limited - India
- Edison Trading Spa - Italy
- Goldman Sachs - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
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- SMC Global Power, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Bulk Trading Sa - Switzerland
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- Gujarat Sidhee Cement - India
- Carbofer General Trading SA - India
- Borneo Indobara - Indonesia
- Sindya Power Generating Company Private Ltd
- Mercator Lines Limited - India
- Altura Mining Limited, Indonesia
- Bayan Resources Tbk. - Indonesia
- OPG Power Generation Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Aditya Birla Group - India
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- PNOC Exploration Corporation - Philippines
- Power Finance Corporation Ltd., India
- Indonesian Coal Mining Association
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- Coalindo Energy - Indonesia
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- Aboitiz Power Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- CIMB Investment Bank - Malaysia
- Karaikal Port Pvt Ltd - India
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- Lanco Infratech Ltd - India
- IHS Mccloskey Coal Group - USA
- Deloitte Consulting - India
- Billiton Holdings Pty Ltd - Australia
- Sojitz Corporation - Japan
- Kumho Petrochemical, South Korea
- Independent Power Producers Association of India
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- Energy Development Corp, Philippines
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- Planning Commission, India
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- Bharathi Cement Corporation - India
- Standard Chartered Bank - UAE
- Siam City Cement PLC, Thailand
- Salva Resources Pvt Ltd - India
- Price Waterhouse Coopers - Russia
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- Neyveli Lignite Corporation Ltd, - India
- Global Business Power Corporation, Philippines
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- Kapuas Tunggal Persada - Indonesia
- Australian Commodity Traders Exchange
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- Baramulti Group, Indonesia
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- India Bulls Power Limited - India
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- Xindia Steels Limited - India
- Chamber of Mines of South Africa
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- Economic Council, Georgia
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- The Treasury - Australian Government
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- CNBM International Corporation - China
- Eastern Coal Council - USA
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- Bhatia International Limited - India
- Maheswari Brothers Coal Limited - India
- Bhushan Steel Limited - India
- Coastal Gujarat Power Limited - India
- Anglo American - United Kingdom
- The State Trading Corporation of India Ltd
- Mercuria Energy - Indonesia
- Siam City Cement - Thailand
- Simpson Spence & Young - Indonesia
- Indian Energy Exchange, India
- Orica Australia Pty. Ltd.
- Sarangani Energy Corporation, Philippines
- Georgia Ports Authority, United States
- GVK Power & Infra Limited - India
- Thiess Contractors Indonesia
- Sakthi Sugars Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Attock Cement Pakistan Limited
- Parliament of New Zealand
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- Medco Energi Mining Internasional
- Mjunction Services Limited - India
- Renaissance Capital - South Africa
- Trasteel International SA, Italy
- Bangladesh Power Developement Board
- Chettinad Cement Corporation Ltd - India
- Indian Oil Corporation Limited
- Essar Steel Hazira Ltd - India
- Ministry of Finance - Indonesia
- Heidelberg Cement - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Asmin Koalindo Tuhup - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Port Waratah Coal Services - Australia
- Ministry of Mines - Canada
- Wilmar Investment Holdings
- The University of Queensland
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- Cement Manufacturers Association - India
- Intertek Mineral Services - Indonesia
- Indogreen Group - Indonesia
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- Ambuja Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Grasim Industreis Ltd - India
- Therma Luzon, Inc, Philippines
- Jindal Steel & Power Ltd - India
- South Luzon Thermal Energy Corporation
- Indo Tambangraya Megah - Indonesia
- Romanian Commodities Exchange
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- IEA Clean Coal Centre - UK
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Mintek Dendrill Indonesia
- Merrill Lynch Commodities Europe
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- Rio Tinto Coal - Australia
- Savvy Resources Ltd - HongKong
- McConnell Dowell - Australia
- Star Paper Mills Limited - India
- Globalindo Alam Lestari - Indonesia
- Singapore Mercantile Exchange
- Gujarat Mineral Development Corp Ltd - India
- Madhucon Powers Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- PowerSource Philippines DevCo
- Interocean Group of Companies - India
- Rashtriya Ispat Nigam Limited - India
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