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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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- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Bulk Trading Sa - Switzerland
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- Wood Mackenzie - Singapore
- Thai Mozambique Logistica
- Price Waterhouse Coopers - Russia
- Chamber of Mines of South Africa
- Barasentosa Lestari - Indonesia
- GMR Energy Limited - India
- Ind-Barath Power Infra Limited - India
- PNOC Exploration Corporation - Philippines
- Rio Tinto Coal - Australia
- Jaiprakash Power Ventures ltd
- Attock Cement Pakistan Limited
- Ministry of Mines - Canada
- Heidelberg Cement - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Directorate General of MIneral and Coal - Indonesia
- Samtan Co., Ltd - South Korea
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- Edison Trading Spa - Italy
- Indian Energy Exchange, India
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- Kaltim Prima Coal - Indonesia
- Videocon Industries ltd - India
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- Minerals Council of Australia
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- Singapore Mercantile Exchange
- Ministry of Finance - Indonesia
- Tata Chemicals Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Tamil Nadu electricity Board
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- Siam City Cement PLC, Thailand
- South Luzon Thermal Energy Corporation
- Australian Commodity Traders Exchange
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- VISA Power Limited - India
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indika Energy - Indonesia
- Indonesian Coal Mining Association
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- Mintek Dendrill Indonesia
- Jindal Steel & Power Ltd - India
- SN Aboitiz Power Inc, Philippines
- Ministry of Transport, Egypt
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coal and Oil Company - UAE
- Parliament of New Zealand
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- Simpson Spence & Young - Indonesia
- Thiess Contractors Indonesia
- Sarangani Energy Corporation, Philippines
- GVK Power & Infra Limited - India
- Baramulti Group, Indonesia
- Kapuas Tunggal Persada - Indonesia
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- Global Business Power Corporation, Philippines
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- Pendopo Energi Batubara - Indonesia
- Uttam Galva Steels Limited - India
- Cement Manufacturers Association - India
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- Aditya Birla Group - India
- Commonwealth Bank - Australia
- Siam City Cement - Thailand
- Xindia Steels Limited - India
- Electricity Authority, New Zealand
- Standard Chartered Bank - UAE
- Central Java Power - Indonesia
- Global Coal Blending Company Limited - Australia
- Economic Council, Georgia
- Port Waratah Coal Services - Australia
- Manunggal Multi Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Merrill Lynch Commodities Europe
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- MS Steel International - UAE
- Australian Coal Association
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- Grasim Industreis Ltd - India
- Goldman Sachs - Singapore
- Renaissance Capital - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Aboitiz Power Corporation - Philippines
- Trasteel International SA, Italy
- Riau Bara Harum - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Salva Resources Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Semirara Mining Corp, Philippines
- Intertek Mineral Services - Indonesia
- Altura Mining Limited, Indonesia
- IEA Clean Coal Centre - UK
- Wilmar Investment Holdings
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- Malabar Cements Ltd - India
- PetroVietnam Power Coal Import and Supply Company
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- TNB Fuel Sdn Bhd - Malaysia
- Larsen & Toubro Limited - India
- Indian Oil Corporation Limited
- Toyota Tsusho Corporation, Japan
- Sree Jayajothi Cements Limited - India
- Vizag Seaport Private Limited - India
- Antam Resourcindo - Indonesia
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- Planning Commission, India
- Asmin Koalindo Tuhup - Indonesia
- OPG Power Generation Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Sical Logistics Limited - India
- Coalindo Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Energy Development Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Makarim & Taira - Indonesia
- Banpu Public Company Limited - Thailand
- Central Electricity Authority - India
- Alfred C Toepfer International GmbH - Germany
- Straits Asia Resources Limited - Singapore
- Anglo American - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- ICICI Bank Limited - India
- Chettinad Cement Corporation Ltd - India
- Marubeni Corporation - India
- IHS Mccloskey Coal Group - USA
- Kalimantan Lumbung Energi - Indonesia
- Interocean Group of Companies - India
- The University of Queensland
- PTC India Limited - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Bhoruka Overseas - Indonesia
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- India Bulls Power Limited - India
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- Metalloyd Limited - United Kingdom
- Independent Power Producers Association of India
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- GAC Shipping (India) Pvt Ltd
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- Eastern Coal Council - USA
- Kartika Selabumi Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- LBH Netherlands Bv - Netherlands
- CIMB Investment Bank - Malaysia
- The State Trading Corporation of India Ltd
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