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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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- Kohat Cement Company Ltd. - Pakistan
- Chettinad Cement Corporation Ltd - India
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- GMR Energy Limited - India
- Aboitiz Power Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- McConnell Dowell - Australia
- Orica Australia Pty. Ltd.
- Asmin Koalindo Tuhup - Indonesia
- Bangladesh Power Developement Board
- Indo Tambangraya Megah - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ICICI Bank Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- London Commodity Brokers - England
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sindya Power Generating Company Private Ltd
- IEA Clean Coal Centre - UK
- Kumho Petrochemical, South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- SN Aboitiz Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Planning Commission, India
- Trasteel International SA, Italy
- Videocon Industries ltd - India
- Eastern Energy - Thailand
- GVK Power & Infra Limited - India
- Central Java Power - Indonesia
- Formosa Plastics Group - Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CNBM International Corporation - China
- Indian Energy Exchange, India
- Malabar Cements Ltd - India
- Independent Power Producers Association of India
- Price Waterhouse Coopers - Russia
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- PNOC Exploration Corporation - Philippines
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- AsiaOL BioFuels Corp., Philippines
- Essar Steel Hazira Ltd - India
- Singapore Mercantile Exchange
- Global Business Power Corporation, Philippines
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- OPG Power Generation Pvt Ltd - India
- Intertek Mineral Services - Indonesia
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- The State Trading Corporation of India Ltd
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- Semirara Mining Corp, Philippines
- SMG Consultants - Indonesia
- Australian Coal Association
- Electricity Authority, New Zealand
- Interocean Group of Companies - India
- Billiton Holdings Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- Wood Mackenzie - Singapore
- GAC Shipping (India) Pvt Ltd
- Bhatia International Limited - India
- Sojitz Corporation - Japan
- Bukit Baiduri Energy - Indonesia
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- Indogreen Group - Indonesia
- Chamber of Mines of South Africa
- Central Electricity Authority - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Oldendorff Carriers - Singapore
- Gujarat Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Merrill Lynch Commodities Europe
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- Mjunction Services Limited - India
- Therma Luzon, Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Orica Mining Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement - Thailand
- IHS Mccloskey Coal Group - USA
- Holcim Trading Pte Ltd - Singapore
- Medco Energi Mining Internasional
- PowerSource Philippines DevCo
- Vedanta Resources Plc - India
- Heidelberg Cement - Germany
- Antam Resourcindo - Indonesia
- Posco Energy - South Korea
- Parliament of New Zealand
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- Coastal Gujarat Power Limited - India
- MS Steel International - UAE
- Minerals Council of Australia
- Parry Sugars Refinery, India
- Ministry of Finance - Indonesia
- The University of Queensland
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- Makarim & Taira - Indonesia
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- Carbofer General Trading SA - India
- Anglo American - United Kingdom
- VISA Power Limited - India
- Cement Manufacturers Association - India
- Global Coal Blending Company Limited - Australia
- Power Finance Corporation Ltd., India
- Ambuja Cements Ltd - India
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- Ceylon Electricity Board - Sri Lanka
- Kepco SPC Power Corporation, Philippines
- Economic Council, Georgia
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- Jorong Barutama Greston.PT - Indonesia
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- LBH Netherlands Bv - Netherlands
- Kartika Selabumi Mining - Indonesia
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- Kapuas Tunggal Persada - Indonesia
- Mintek Dendrill Indonesia
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- Thai Mozambique Logistica
- Pipit Mutiara Jaya. PT, Indonesia
- Samtan Co., Ltd - South Korea
- Indonesian Coal Mining Association
- Metalloyd Limited - United Kingdom
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- Xindia Steels Limited - India
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- Energy Link Ltd, New Zealand
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- European Bulk Services B.V. - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Aditya Birla Group - India
- GN Power Mariveles Coal Plant, Philippines
- Leighton Contractors Pty Ltd - Australia
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- Petron Corporation, Philippines
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- Ministry of Mines - Canada
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- Electricity Generating Authority of Thailand
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- Bhoruka Overseas - Indonesia
- Jaiprakash Power Ventures ltd
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- Tamil Nadu electricity Board
- San Jose City I Power Corp, Philippines
- Africa Commodities Group - South Africa
- Kideco Jaya Agung - Indonesia
- Ministry of Transport, Egypt
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- The Treasury - Australian Government
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- Attock Cement Pakistan Limited
- Commonwealth Bank - Australia
- TeaM Sual Corporation - Philippines
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- Eastern Coal Council - USA
- Binh Thuan Hamico - Vietnam
- Mercuria Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Larsen & Toubro Limited - India
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- New Zealand Coal & Carbon
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