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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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- Altura Mining Limited, Indonesia
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- Global Coal Blending Company Limited - Australia
- Meralco Power Generation, Philippines
- VISA Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- Sinarmas Energy and Mining - Indonesia
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- Borneo Indobara - Indonesia
- Orica Mining Services - Indonesia
- Aditya Birla Group - India
- Global Green Power PLC Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- India Bulls Power Limited - India
- Sarangani Energy Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Chamber of Mines of South Africa
- Merrill Lynch Commodities Europe
- Eastern Coal Council - USA
- Rashtriya Ispat Nigam Limited - India
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- Iligan Light & Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- PowerSource Philippines DevCo
- Bank of Tokyo Mitsubishi UFJ Ltd
- Trasteel International SA, Italy
- PTC India Limited - India
- Parry Sugars Refinery, India
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- OPG Power Generation Pvt Ltd - India
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- Globalindo Alam Lestari - Indonesia
- GMR Energy Limited - India
- Mercator Lines Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Carbofer General Trading SA - India
- Ministry of Finance - Indonesia
- New Zealand Coal & Carbon
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- Vizag Seaport Private Limited - India
- Directorate Of Revenue Intelligence - India
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- Economic Council, Georgia
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- Indian Energy Exchange, India
- Riau Bara Harum - Indonesia
- The State Trading Corporation of India Ltd
- Ind-Barath Power Infra Limited - India
- PNOC Exploration Corporation - Philippines
- Central Electricity Authority - India
- Meenaskhi Energy Private Limited - India
- Attock Cement Pakistan Limited
- Ministry of Transport, Egypt
- Ceylon Electricity Board - Sri Lanka
- Jindal Steel & Power Ltd - India
- Posco Energy - South Korea
- Makarim & Taira - Indonesia
- Port Waratah Coal Services - Australia
- Indonesian Coal Mining Association
- Vedanta Resources Plc - India
- Directorate General of MIneral and Coal - Indonesia
- SMG Consultants - Indonesia
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- Alfred C Toepfer International GmbH - Germany
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- Wilmar Investment Holdings
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Uttam Galva Steels Limited - India
- Jaiprakash Power Ventures ltd
- Baramulti Group, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Goldman Sachs - Singapore
- Anglo American - United Kingdom
- Heidelberg Cement - Germany
- Manunggal Multi Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- IEA Clean Coal Centre - UK
- Siam City Cement - Thailand
- TNB Fuel Sdn Bhd - Malaysia
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- Toyota Tsusho Corporation, Japan
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- Tata Chemicals Ltd - India
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- Romanian Commodities Exchange
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- Indogreen Group - Indonesia
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- Miang Besar Coal Terminal - Indonesia
- San Jose City I Power Corp, Philippines
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- Bhoruka Overseas - Indonesia
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- Parliament of New Zealand
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- Eastern Energy - Thailand
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- Planning Commission, India
- Sojitz Corporation - Japan
- Maharashtra Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- GAC Shipping (India) Pvt Ltd
- Minerals Council of Australia
- Videocon Industries ltd - India
- Gujarat Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- Kaltim Prima Coal - Indonesia
- ASAPP Information Group - India
- Marubeni Corporation - India
- SMC Global Power, Philippines
- Coastal Gujarat Power Limited - India
- Australian Coal Association
- McConnell Dowell - Australia
- Indo Tambangraya Megah - Indonesia
- Samtan Co., Ltd - South Korea
- Australian Commodity Traders Exchange
- London Commodity Brokers - England
- Medco Energi Mining Internasional
- Sical Logistics Limited - India
- Karbindo Abesyapradhi - Indoneisa
- European Bulk Services B.V. - Netherlands
- Georgia Ports Authority, United States
- Savvy Resources Ltd - HongKong
- Larsen & Toubro Limited - India
- Thai Mozambique Logistica
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- Indian Oil Corporation Limited
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- The University of Queensland
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- Global Business Power Corporation, Philippines
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- Interocean Group of Companies - India
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- The Treasury - Australian Government
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- Sindya Power Generating Company Private Ltd
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- CIMB Investment Bank - Malaysia
- Krishnapatnam Port Company Ltd. - India
- Renaissance Capital - South Africa
- Kideco Jaya Agung - Indonesia
- Ministry of Mines - Canada
- Thiess Contractors Indonesia
- Ambuja Cements Ltd - India
- Independent Power Producers Association of India
- Standard Chartered Bank - UAE
- Mintek Dendrill Indonesia
- Mercuria Energy - Indonesia
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- Grasim Industreis Ltd - India
- Barasentosa Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Indika Energy - Indonesia
- Energy Link Ltd, New Zealand
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- Commonwealth Bank - Australia
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- Asmin Koalindo Tuhup - Indonesia
- Electricity Authority, New Zealand
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