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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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- PNOC Exploration Corporation - Philippines
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- Sojitz Corporation - Japan
- Interocean Group of Companies - India
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- Aditya Birla Group - India
- CNBM International Corporation - China
- Minerals Council of Australia
- Essar Steel Hazira Ltd - India
- Meralco Power Generation, Philippines
- Ministry of Transport, Egypt
- New Zealand Coal & Carbon
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- Mjunction Services Limited - India
- Semirara Mining and Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Georgia Ports Authority, United States
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- Directorate General of MIneral and Coal - Indonesia
- Star Paper Mills Limited - India
- European Bulk Services B.V. - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- Formosa Plastics Group - Taiwan
- Medco Energi Mining Internasional
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- ICICI Bank Limited - India
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- Australian Coal Association
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- Baramulti Group, Indonesia
- Bulk Trading Sa - Switzerland
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- Antam Resourcindo - Indonesia
- Coal and Oil Company - UAE
- Mercuria Energy - Indonesia
- SMG Consultants - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Bayan Resources Tbk. - Indonesia
- Merrill Lynch Commodities Europe
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- Petrochimia International Co. Ltd.- Taiwan
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- Energy Link Ltd, New Zealand
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- Commonwealth Bank - Australia
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Romanian Commodities Exchange
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- Altura Mining Limited, Indonesia
- Bangladesh Power Developement Board
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- Indonesian Coal Mining Association
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- Asmin Koalindo Tuhup - Indonesia
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- Global Coal Blending Company Limited - Australia
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- TeaM Sual Corporation - Philippines
- Africa Commodities Group - South Africa
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- Karbindo Abesyapradhi - Indoneisa
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- Madhucon Powers Ltd - India
- India Bulls Power Limited - India
- Wood Mackenzie - Singapore
- Maharashtra Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- MS Steel International - UAE
- Electricity Authority, New Zealand
- South Luzon Thermal Energy Corporation
- SMC Global Power, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Australian Commodity Traders Exchange
- Salva Resources Pvt Ltd - India
- Bharathi Cement Corporation - India
- Siam City Cement PLC, Thailand
- Manunggal Multi Energi - Indonesia
- Thai Mozambique Logistica
- Electricity Generating Authority of Thailand
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- Malabar Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Indika Energy - Indonesia
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- Price Waterhouse Coopers - Russia
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- London Commodity Brokers - England
- Indian Oil Corporation Limited
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- Siam City Cement - Thailand
- GMR Energy Limited - India
- Chettinad Cement Corporation Ltd - India
- Gujarat Sidhee Cement - India
- Wilmar Investment Holdings
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- Sinarmas Energy and Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Kumho Petrochemical, South Korea
- Meenaskhi Energy Private Limited - India
- Planning Commission, India
- PTC India Limited - India
- Eastern Coal Council - USA
- Global Green Power PLC Corporation, Philippines
- PowerSource Philippines DevCo
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- Parliament of New Zealand
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- Renaissance Capital - South Africa
- Kalimantan Lumbung Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- The Treasury - Australian Government
- Carbofer General Trading SA - India
- ASAPP Information Group - India
- GAC Shipping (India) Pvt Ltd
- Port Waratah Coal Services - Australia
- Maheswari Brothers Coal Limited - India
- Jaiprakash Power Ventures ltd
- Orica Australia Pty. Ltd.
- Holcim Trading Pte Ltd - Singapore
- Chamber of Mines of South Africa
- San Jose City I Power Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Anglo American - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Savvy Resources Ltd - HongKong
- White Energy Company Limited
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- Ind-Barath Power Infra Limited - India
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- Globalindo Alam Lestari - Indonesia
- Economic Council, Georgia
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- The University of Queensland
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- McConnell Dowell - Australia
- Bhoruka Overseas - Indonesia
- Power Finance Corporation Ltd., India
- Edison Trading Spa - Italy
- Mintek Dendrill Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Sical Logistics Limited - India
- Central Java Power - Indonesia
- Ministry of Mines - Canada
- Orica Mining Services - Indonesia
- Sakthi Sugars Limited - India
- Alfred C Toepfer International GmbH - Germany
- Makarim & Taira - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Singapore Mercantile Exchange
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