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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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- Uttam Galva Steels Limited - India
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- Kartika Selabumi Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- PTC India Limited - India
- Sindya Power Generating Company Private Ltd
- Sical Logistics Limited - India
- Georgia Ports Authority, United States
- Power Finance Corporation Ltd., India
- Posco Energy - South Korea
- Sojitz Corporation - Japan
- Alfred C Toepfer International GmbH - Germany
- Bhoruka Overseas - Indonesia
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- Thiess Contractors Indonesia
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- Toyota Tsusho Corporation, Japan
- International Coal Ventures Pvt Ltd - India
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- Kapuas Tunggal Persada - Indonesia
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- Altura Mining Limited, Indonesia
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- Orica Australia Pty. Ltd.
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- Commonwealth Bank - Australia
- Planning Commission, India
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- Baramulti Group, Indonesia
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- Banpu Public Company Limited - Thailand
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- Trasteel International SA, Italy
- Vijayanagar Sugar Pvt Ltd - India
- VISA Power Limited - India
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- Central Electricity Authority - India
- Aboitiz Power Corporation - Philippines
- Riau Bara Harum - Indonesia
- Ind-Barath Power Infra Limited - India
- Bayan Resources Tbk. - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Straits Asia Resources Limited - Singapore
- Global Coal Blending Company Limited - Australia
- Electricity Authority, New Zealand
- Xindia Steels Limited - India
- The University of Queensland
- Goldman Sachs - Singapore
- Ministry of Finance - Indonesia
- Kepco SPC Power Corporation, Philippines
- London Commodity Brokers - England
- Global Green Power PLC Corporation, Philippines
- Samtan Co., Ltd - South Korea
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- Standard Chartered Bank - UAE
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- Ministry of Mines - Canada
- Thai Mozambique Logistica
- San Jose City I Power Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Commodity Traders Exchange
- GMR Energy Limited - India
- Attock Cement Pakistan Limited
- Grasim Industreis Ltd - India
- IHS Mccloskey Coal Group - USA
- Chamber of Mines of South Africa
- Jaiprakash Power Ventures ltd
- Gujarat Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- The Treasury - Australian Government
- Energy Development Corp, Philippines
- Intertek Mineral Services - Indonesia
- Mintek Dendrill Indonesia
- The State Trading Corporation of India Ltd
- Ministry of Transport, Egypt
- Siam City Cement PLC, Thailand
- Oldendorff Carriers - Singapore
- Star Paper Mills Limited - India
- Parliament of New Zealand
- AsiaOL BioFuels Corp., Philippines
- Essar Steel Hazira Ltd - India
- Indian Energy Exchange, India
- Jorong Barutama Greston.PT - Indonesia
- Singapore Mercantile Exchange
- Mercator Lines Limited - India
- Malabar Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Rio Tinto Coal - Australia
- European Bulk Services B.V. - Netherlands
- Therma Luzon, Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate Of Revenue Intelligence - India
- Siam City Cement - Thailand
- Electricity Generating Authority of Thailand
- Africa Commodities Group - South Africa
- Aditya Birla Group - India
- Merrill Lynch Commodities Europe
- Wilmar Investment Holdings
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- Larsen & Toubro Limited - India
- Latin American Coal - Colombia
- LBH Netherlands Bv - Netherlands
- IEA Clean Coal Centre - UK
- Bukit Baiduri Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Antam Resourcindo - Indonesia
- Price Waterhouse Coopers - Russia
- Tamil Nadu electricity Board
- Economic Council, Georgia
- Bulk Trading Sa - Switzerland
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- Coastal Gujarat Power Limited - India
- Madhucon Powers Ltd - India
- Kaltim Prima Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Cigading International Bulk Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- CNBM International Corporation - China
- Indian Oil Corporation Limited
- Makarim & Taira - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
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- SMG Consultants - Indonesia
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- Pendopo Energi Batubara - Indonesia
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- Indogreen Group - Indonesia
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- Miang Besar Coal Terminal - Indonesia
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- Neyveli Lignite Corporation Ltd, - India
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- New Zealand Coal & Carbon
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- ICICI Bank Limited - India
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- Metalloyd Limited - United Kingdom
- Global Business Power Corporation, Philippines
- Minerals Council of Australia
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- Heidelberg Cement - Germany
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- Eastern Coal Council - USA
- Simpson Spence & Young - Indonesia
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- Australian Coal Association
- Independent Power Producers Association of India
- Mjunction Services Limited - India
- Videocon Industries ltd - India
- Coal and Oil Company - UAE
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- White Energy Company Limited
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- SMC Global Power, Philippines
- Wood Mackenzie - Singapore
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- CIMB Investment Bank - Malaysia
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- Petrochimia International Co. Ltd.- Taiwan
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- ASAPP Information Group - India
- Renaissance Capital - South Africa
- Kumho Petrochemical, South Korea
- Romanian Commodities Exchange
- Jindal Steel & Power Ltd - India
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- Maheswari Brothers Coal Limited - India
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- Agrawal Coal Company - India
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- Vedanta Resources Plc - India
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- Ceylon Electricity Board - Sri Lanka
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