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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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- Indian Oil Corporation Limited
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- SMC Global Power, Philippines
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- Minerals Council of Australia
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- Parliament of New Zealand
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- Kepco SPC Power Corporation, Philippines
- Makarim & Taira - Indonesia
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- Thiess Contractors Indonesia
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- Bank of Tokyo Mitsubishi UFJ Ltd
- AsiaOL BioFuels Corp., Philippines
- Parry Sugars Refinery, India
- Sindya Power Generating Company Private Ltd
- Star Paper Mills Limited - India
- Sree Jayajothi Cements Limited - India
- Eastern Energy - Thailand
- Globalindo Alam Lestari - Indonesia
- Vedanta Resources Plc - India
- Kaltim Prima Coal - Indonesia
- Siam City Cement PLC, Thailand
- Petron Corporation, Philippines
- Attock Cement Pakistan Limited
- Siam City Cement - Thailand
- Global Coal Blending Company Limited - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ambuja Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Independent Power Producers Association of India
- Posco Energy - South Korea
- Heidelberg Cement - Germany
- Orica Mining Services - Indonesia
- Semirara Mining Corp, Philippines
- New Zealand Coal & Carbon
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- Gujarat Sidhee Cement - India
- Economic Council, Georgia
- European Bulk Services B.V. - Netherlands
- Coastal Gujarat Power Limited - India
- Malabar Cements Ltd - India
- London Commodity Brokers - England
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- Kumho Petrochemical, South Korea
- IHS Mccloskey Coal Group - USA
- Ministry of Mines - Canada
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- San Jose City I Power Corp, Philippines
- Therma Luzon, Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
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- Kideco Jaya Agung - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- Altura Mining Limited, Indonesia
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- Sarangani Energy Corporation, Philippines
- Global Business Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Bulk Trading Sa - Switzerland
- Bangladesh Power Developement Board
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- Ministry of Transport, Egypt
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- Samtan Co., Ltd - South Korea
- PowerSource Philippines DevCo
- Bharathi Cement Corporation - India
- Standard Chartered Bank - UAE
- Jaiprakash Power Ventures ltd
- Price Waterhouse Coopers - Russia
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- Orica Australia Pty. Ltd.
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Singapore Mercantile Exchange
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- Billiton Holdings Pty Ltd - Australia
- Eastern Coal Council - USA
- Antam Resourcindo - Indonesia
- Lanco Infratech Ltd - India
- Planning Commission, India
- Bhushan Steel Limited - India
- SN Aboitiz Power Inc, Philippines
- Sakthi Sugars Limited - India
- Energy Development Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Toyota Tsusho Corporation, Japan
- Chamber of Mines of South Africa
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- Indonesian Coal Mining Association
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- Deloitte Consulting - India
- White Energy Company Limited
- Neyveli Lignite Corporation Ltd, - India
- SMG Consultants - Indonesia
- LBH Netherlands Bv - Netherlands
- Xindia Steels Limited - India
- Intertek Mineral Services - Indonesia
- India Bulls Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Ceylon Electricity Board - Sri Lanka
- Latin American Coal - Colombia
- Cigading International Bulk Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- McConnell Dowell - Australia
- Edison Trading Spa - Italy
- South Luzon Thermal Energy Corporation
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mjunction Services Limited - India
- Pendopo Energi Batubara - Indonesia
- Savvy Resources Ltd - HongKong
- Renaissance Capital - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Electricity Generating Authority of Thailand
- VISA Power Limited - India
- IEA Clean Coal Centre - UK
- Central Electricity Authority - India
- Anglo American - United Kingdom
- Tamil Nadu electricity Board
- Wood Mackenzie - Singapore
- Baramulti Group, Indonesia
- Bukit Makmur.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- Agrawal Coal Company - India
- Tata Chemicals Ltd - India
- Coal and Oil Company - UAE
- Georgia Ports Authority, United States
- Carbofer General Trading SA - India
- Wilmar Investment Holdings
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- Jindal Steel & Power Ltd - India
- Uttam Galva Steels Limited - India
- The University of Queensland
- GMR Energy Limited - India
- Sical Logistics Limited - India
- Indian Energy Exchange, India
- Karbindo Abesyapradhi - Indoneisa
- The State Trading Corporation of India Ltd
- Australian Coal Association
- Mintek Dendrill Indonesia
- Videocon Industries ltd - India
- GAC Shipping (India) Pvt Ltd
- Chettinad Cement Corporation Ltd - India
- Salva Resources Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Africa Commodities Group - South Africa
- Kartika Selabumi Mining - Indonesia
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