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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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- Asmin Koalindo Tuhup - Indonesia
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- New Zealand Coal & Carbon
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- Attock Cement Pakistan Limited
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- Siam City Cement PLC, Thailand
- PetroVietnam Power Coal Import and Supply Company
- Vedanta Resources Plc - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Transport, Egypt
- Merrill Lynch Commodities Europe
- Jaiprakash Power Ventures ltd
- Bhatia International Limited - India
- Romanian Commodities Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement - Thailand
- Sical Logistics Limited - India
- Posco Energy - South Korea
- GN Power Mariveles Coal Plant, Philippines
- Bhoruka Overseas - Indonesia
- Vizag Seaport Private Limited - India
- Central Java Power - Indonesia
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- Coal and Oil Company - UAE
- Cigading International Bulk Terminal - Indonesia
- Parliament of New Zealand
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- Meralco Power Generation, Philippines
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- Australian Commodity Traders Exchange
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- Africa Commodities Group - South Africa
- Star Paper Mills Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- SMC Global Power, Philippines
- Central Electricity Authority - India
- Tamil Nadu electricity Board
- Energy Development Corp, Philippines
- India Bulls Power Limited - India
- Rashtriya Ispat Nigam Limited - India
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- Rio Tinto Coal - Australia
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- GVK Power & Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Bulk Trading Sa - Switzerland
- Energy Link Ltd, New Zealand
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- Globalindo Alam Lestari - Indonesia
- Kumho Petrochemical, South Korea
- CIMB Investment Bank - Malaysia
- Mercator Lines Limited - India
- Ambuja Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Bukit Baiduri Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Thiess Contractors Indonesia
- Essar Steel Hazira Ltd - India
- Singapore Mercantile Exchange
- Carbofer General Trading SA - India
- PowerSource Philippines DevCo
- GMR Energy Limited - India
- Global Business Power Corporation, Philippines
- PTC India Limited - India
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- Semirara Mining Corp, Philippines
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- Maheswari Brothers Coal Limited - India
- Timah Investasi Mineral - Indoneisa
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- Bhushan Steel Limited - India
- Price Waterhouse Coopers - Russia
- Iligan Light & Power Inc, Philippines
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- The State Trading Corporation of India Ltd
- MS Steel International - UAE
- Mercuria Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Indogreen Group - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Energy Exchange, India
- AsiaOL BioFuels Corp., Philippines
- Heidelberg Cement - Germany
- Ind-Barath Power Infra Limited - India
- Oldendorff Carriers - Singapore
- Directorate General of MIneral and Coal - Indonesia
- White Energy Company Limited
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- Sojitz Corporation - Japan
- Sindya Power Generating Company Private Ltd
- Tata Chemicals Ltd - India
- ICICI Bank Limited - India
- Economic Council, Georgia
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- Thai Mozambique Logistica
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Commonwealth Bank - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- IEA Clean Coal Centre - UK
- Pipit Mutiara Jaya. PT, Indonesia
- TeaM Sual Corporation - Philippines
- Georgia Ports Authority, United States
- Chamber of Mines of South Africa
- European Bulk Services B.V. - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Ministry of Finance - Indonesia
- SN Aboitiz Power Inc, Philippines
- Parry Sugars Refinery, India
- Antam Resourcindo - Indonesia
- Eastern Energy - Thailand
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- Intertek Mineral Services - Indonesia
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- Trasteel International SA, Italy
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- Minerals Council of Australia
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- Mjunction Services Limited - India
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- Riau Bara Harum - Indonesia
- Mintek Dendrill Indonesia
- Metalloyd Limited - United Kingdom
- Renaissance Capital - South Africa
- Ministry of Mines - Canada
- Manunggal Multi Energi - Indonesia
- The University of Queensland
- Orica Mining Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Medco Energi Mining Internasional
- London Commodity Brokers - England
- Edison Trading Spa - Italy
- Coastal Gujarat Power Limited - India
- Malabar Cements Ltd - India
- Cement Manufacturers Association - India
- Larsen & Toubro Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Standard Chartered Bank - UAE
- Xindia Steels Limited - India
- Gujarat Sidhee Cement - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Planning Commission, India
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- Global Green Power PLC Corporation, Philippines
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- Electricity Authority, New Zealand
- Wilmar Investment Holdings
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- CNBM International Corporation - China
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- San Jose City I Power Corp, Philippines
- Independent Power Producers Association of India
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- SMG Consultants - Indonesia
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- Pendopo Energi Batubara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Salva Resources Pvt Ltd - India
- Indonesian Coal Mining Association
- The Treasury - Australian Government
- LBH Netherlands Bv - Netherlands
- Goldman Sachs - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Deloitte Consulting - India
- PNOC Exploration Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
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- Bukit Makmur.PT - Indonesia
- Therma Luzon, Inc, Philippines
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- Indian Oil Corporation Limited
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- Formosa Plastics Group - Taiwan
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