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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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- Gujarat Mineral Development Corp Ltd - India
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- Bangladesh Power Developement Board
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- SN Aboitiz Power Inc, Philippines
- Independent Power Producers Association of India
- Indika Energy - Indonesia
- Parliament of New Zealand
- LBH Netherlands Bv - Netherlands
- Indian Energy Exchange, India
- San Jose City I Power Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Bhoruka Overseas - Indonesia
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- Standard Chartered Bank - UAE
- Dalmia Cement Bharat India
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- Trasteel International SA, Italy
- Deloitte Consulting - India
- Africa Commodities Group - South Africa
- Tata Chemicals Ltd - India
- Global Business Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- GVK Power & Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Thai Mozambique Logistica
- Ministry of Mines - Canada
- Indogreen Group - Indonesia
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- Rio Tinto Coal - Australia
- Globalindo Alam Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
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- Singapore Mercantile Exchange
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- Chamber of Mines of South Africa
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- Pipit Mutiara Jaya. PT, Indonesia
- Orica Mining Services - Indonesia
- Siam City Cement - Thailand
- Madhucon Powers Ltd - India
- Kumho Petrochemical, South Korea
- Antam Resourcindo - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Cement Manufacturers Association - India
- Central Electricity Authority - India
- Neyveli Lignite Corporation Ltd, - India
- Kartika Selabumi Mining - Indonesia
- Tamil Nadu electricity Board
- Heidelberg Cement - Germany
- Wood Mackenzie - Singapore
- European Bulk Services B.V. - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Commonwealth Bank - Australia
- IHS Mccloskey Coal Group - USA
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- Sojitz Corporation - Japan
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- Jaiprakash Power Ventures ltd
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- Cigading International Bulk Terminal - Indonesia
- Indonesian Coal Mining Association
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- Coal and Oil Company - UAE
- Jindal Steel & Power Ltd - India
- Energy Development Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- New Zealand Coal & Carbon
- Medco Energi Mining Internasional
- GMR Energy Limited - India
- Marubeni Corporation - India
- Miang Besar Coal Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Posco Energy - South Korea
- Ministry of Transport, Egypt
- PTC India Limited - India
- Krishnapatnam Port Company Ltd. - India
- The University of Queensland
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- Carbofer General Trading SA - India
- Central Java Power - Indonesia
- McConnell Dowell - Australia
- Banpu Public Company Limited - Thailand
- Electricity Authority, New Zealand
- IEA Clean Coal Centre - UK
- Billiton Holdings Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- South Luzon Thermal Energy Corporation
- OPG Power Generation Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Australian Coal Association
- Orica Australia Pty. Ltd.
- Rashtriya Ispat Nigam Limited - India
- Straits Asia Resources Limited - Singapore
- Borneo Indobara - Indonesia
- Indian Oil Corporation Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Economic Council, Georgia
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- International Coal Ventures Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Interocean Group of Companies - India
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- Therma Luzon, Inc, Philippines
- Thiess Contractors Indonesia
- CIMB Investment Bank - Malaysia
- Ceylon Electricity Board - Sri Lanka
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- Metalloyd Limited - United Kingdom
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- Latin American Coal - Colombia
- Energy Link Ltd, New Zealand
- Renaissance Capital - South Africa
- PNOC Exploration Corporation - Philippines
- Mintek Dendrill Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Wilmar Investment Holdings
- Vedanta Resources Plc - India
- Eastern Energy - Thailand
- Indo Tambangraya Megah - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- London Commodity Brokers - England
- Alfred C Toepfer International GmbH - Germany
- ICICI Bank Limited - India
- CNBM International Corporation - China
- PowerSource Philippines DevCo
- Videocon Industries ltd - India
- Edison Trading Spa - Italy
- Siam City Cement PLC, Thailand
- Planning Commission, India
- Altura Mining Limited, Indonesia
- Mercuria Energy - Indonesia
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- TeaM Sual Corporation - Philippines
- SMG Consultants - Indonesia
- Coastal Gujarat Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate Of Revenue Intelligence - India
- Samtan Co., Ltd - South Korea
- Salva Resources Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- The Treasury - Australian Government
- Essar Steel Hazira Ltd - India
- White Energy Company Limited
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- Asmin Koalindo Tuhup - Indonesia
- Bhushan Steel Limited - India
- Bharathi Cement Corporation - India
- Price Waterhouse Coopers - Russia
- Baramulti Group, Indonesia
- Minerals Council of Australia
- Semirara Mining and Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Romanian Commodities Exchange
- Goldman Sachs - Singapore
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