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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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- AsiaOL BioFuels Corp., Philippines
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- Global Business Power Corporation, Philippines
- SMG Consultants - Indonesia
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- Thiess Contractors Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Transport, Egypt
- London Commodity Brokers - England
- Merrill Lynch Commodities Europe
- GAC Shipping (India) Pvt Ltd
- Interocean Group of Companies - India
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- White Energy Company Limited
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- Sindya Power Generating Company Private Ltd
- Formosa Plastics Group - Taiwan
- Miang Besar Coal Terminal - Indonesia
- Sakthi Sugars Limited - India
- Metalloyd Limited - United Kingdom
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- Latin American Coal - Colombia
- Jaiprakash Power Ventures ltd
- Alfred C Toepfer International GmbH - Germany
- Jorong Barutama Greston.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Ambuja Cements Ltd - India
- IEA Clean Coal Centre - UK
- Posco Energy - South Korea
- MS Steel International - UAE
- European Bulk Services B.V. - Netherlands
- GVK Power & Infra Limited - India
- Banpu Public Company Limited - Thailand
- Africa Commodities Group - South Africa
- Eastern Coal Council - USA
- Parliament of New Zealand
- The Treasury - Australian Government
- GMR Energy Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Wood Mackenzie - Singapore
- Orica Australia Pty. Ltd.
- Energy Link Ltd, New Zealand
- Toyota Tsusho Corporation, Japan
- Chamber of Mines of South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
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- Energy Development Corp, Philippines
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- Standard Chartered Bank - UAE
- Kartika Selabumi Mining - Indonesia
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- The University of Queensland
- Sojitz Corporation - Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- Meralco Power Generation, Philippines
- Kepco SPC Power Corporation, Philippines
- Videocon Industries ltd - India
- Straits Asia Resources Limited - Singapore
- Ind-Barath Power Infra Limited - India
- Anglo American - United Kingdom
- CNBM International Corporation - China
- New Zealand Coal & Carbon
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- Pendopo Energi Batubara - Indonesia
- Kideco Jaya Agung - Indonesia
- Orica Mining Services - Indonesia
- Central Electricity Authority - India
- Bhoruka Overseas - Indonesia
- International Coal Ventures Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Goldman Sachs - Singapore
- Coalindo Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Finance - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Indian Oil Corporation Limited
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- Leighton Contractors Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Therma Luzon, Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
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- Lanco Infratech Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Mines - Canada
- Globalindo Alam Lestari - Indonesia
- Renaissance Capital - South Africa
- PetroVietnam Power Coal Import and Supply Company
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- Siam City Cement - Thailand
- Australian Coal Association
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- Tamil Nadu electricity Board
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- Economic Council, Georgia
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- Samtan Co., Ltd - South Korea
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- Independent Power Producers Association of India
- IHS Mccloskey Coal Group - USA
- Sarangani Energy Corporation, Philippines
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- Coal and Oil Company - UAE
- Antam Resourcindo - Indonesia
- Global Green Power PLC Corporation, Philippines
- Electricity Generating Authority of Thailand
- Carbofer General Trading SA - India
- Marubeni Corporation - India
- VISA Power Limited - India
- Agrawal Coal Company - India
- Baramulti Group, Indonesia
- Cement Manufacturers Association - India
- Eastern Energy - Thailand
- Mercator Lines Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Malabar Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- Bhatia International Limited - India
- Maheswari Brothers Coal Limited - India
- Ceylon Electricity Board - Sri Lanka
- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
- Trasteel International SA, Italy
- Price Waterhouse Coopers - Russia
- Karaikal Port Pvt Ltd - India
- SMC Global Power, Philippines
- ASAPP Information Group - India
- Sical Logistics Limited - India
- Bharathi Cement Corporation - India
- Makarim & Taira - Indonesia
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- Gujarat Sidhee Cement - India
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- PTC India Limited - India
- Bukit Baiduri Energy - Indonesia
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- Commonwealth Bank - Australia
- Indian Energy Exchange, India
- Indogreen Group - Indonesia
- Petron Corporation, Philippines
- Uttam Galva Steels Limited - India
- Planning Commission, India
- Bangladesh Power Developement Board
- Medco Energi Mining Internasional
- Salva Resources Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Rio Tinto Coal - Australia
- Karbindo Abesyapradhi - Indoneisa
- Power Finance Corporation Ltd., India
- Indonesian Coal Mining Association
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