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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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- Deloitte Consulting - India
- Intertek Mineral Services - Indonesia
- Posco Energy - South Korea
- Indonesian Coal Mining Association
- Indo Tambangraya Megah - Indonesia
- Sojitz Corporation - Japan
- MS Steel International - UAE
- India Bulls Power Limited - India
- Goldman Sachs - Singapore
- Antam Resourcindo - Indonesia
- Bukit Baiduri Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Interocean Group of Companies - India
- Straits Asia Resources Limited - Singapore
- Eastern Coal Council - USA
- Wood Mackenzie - Singapore
- Altura Mining Limited, Indonesia
- IHS Mccloskey Coal Group - USA
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- Economic Council, Georgia
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- Medco Energi Mining Internasional
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- Ambuja Cements Ltd - India
- Power Finance Corporation Ltd., India
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- Standard Chartered Bank - UAE
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- Ministry of Finance - Indonesia
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- Samtan Co., Ltd - South Korea
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- Pipit Mutiara Jaya. PT, Indonesia
- Central Electricity Authority - India
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- Chettinad Cement Corporation Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Globalindo Alam Lestari - Indonesia
- VISA Power Limited - India
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- Orica Mining Services - Indonesia
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- Holcim Trading Pte Ltd - Singapore
- Ministry of Mines - Canada
- Makarim & Taira - Indonesia
- OPG Power Generation Pvt Ltd - India
- Baramulti Group, Indonesia
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- Thiess Contractors Indonesia
- Mintek Dendrill Indonesia
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- LBH Netherlands Bv - Netherlands
- Electricity Generating Authority of Thailand
- Mercuria Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Sakthi Sugars Limited - India
- Uttam Galva Steels Limited - India
- Agrawal Coal Company - India
- Cement Manufacturers Association - India
- Madhucon Powers Ltd - India
- Siam City Cement - Thailand
- Billiton Holdings Pty Ltd - Australia
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- Sindya Power Generating Company Private Ltd
- Metalloyd Limited - United Kingdom
- Minerals Council of Australia
- New Zealand Coal & Carbon
- Rio Tinto Coal - Australia
- Energy Development Corp, Philippines
- Lanco Infratech Ltd - India
- Australian Commodity Traders Exchange
- Electricity Authority, New Zealand
- Sarangani Energy Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Borneo Indobara - Indonesia
- Indika Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Petron Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Maheswari Brothers Coal Limited - India
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- Petrochimia International Co. Ltd.- Taiwan
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- Independent Power Producers Association of India
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- Global Coal Blending Company Limited - Australia
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- Indian Oil Corporation Limited
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- Neyveli Lignite Corporation Ltd, - India
- Kohat Cement Company Ltd. - Pakistan
- Offshore Bulk Terminal Pte Ltd, Singapore
- CIMB Investment Bank - Malaysia
- The Treasury - Australian Government
- Marubeni Corporation - India
- European Bulk Services B.V. - Netherlands
- Ministry of Transport, Egypt
- Karbindo Abesyapradhi - Indoneisa
- Australian Coal Association
- Trasteel International SA, Italy
- Global Green Power PLC Corporation, Philippines
- PTC India Limited - India
- Romanian Commodities Exchange
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- The State Trading Corporation of India Ltd
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- White Energy Company Limited
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- Georgia Ports Authority, United States
- Rashtriya Ispat Nigam Limited - India
- Barasentosa Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- The University of Queensland
- IEA Clean Coal Centre - UK
- Asmin Koalindo Tuhup - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Orica Australia Pty. Ltd.
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- Edison Trading Spa - Italy
- Kapuas Tunggal Persada - Indonesia
- Vedanta Resources Plc - India
- Anglo American - United Kingdom
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- AsiaOL BioFuels Corp., Philippines
- Kartika Selabumi Mining - Indonesia
- McConnell Dowell - Australia
- Riau Bara Harum - Indonesia
- Formosa Plastics Group - Taiwan
- Eastern Energy - Thailand
- Ceylon Electricity Board - Sri Lanka
- Malabar Cements Ltd - India
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- Wilmar Investment Holdings
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- Price Waterhouse Coopers - Russia
- London Commodity Brokers - England
- Coal and Oil Company - UAE
- PetroVietnam Power Coal Import and Supply Company
- Africa Commodities Group - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Xindia Steels Limited - India
- Port Waratah Coal Services - Australia
- Kideco Jaya Agung - Indonesia
- Renaissance Capital - South Africa
- Bhoruka Overseas - Indonesia
- Heidelberg Cement - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Videocon Industries ltd - India
- SN Aboitiz Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Central Java Power - Indonesia
- Kepco SPC Power Corporation, Philippines
- Indian Energy Exchange, India
- Planning Commission, India
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- Dalmia Cement Bharat India
- Binh Thuan Hamico - Vietnam
- Mjunction Services Limited - India
- GVK Power & Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Meralco Power Generation, Philippines
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- Gujarat Mineral Development Corp Ltd - India
- CNBM International Corporation - China
- Energy Link Ltd, New Zealand
- Commonwealth Bank - Australia
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