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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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- SN Aboitiz Power Inc, Philippines
- Coal and Oil Company - UAE
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- Australian Coal Association
- Power Finance Corporation Ltd., India
- Essar Steel Hazira Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Trasteel International SA, Italy
- Parry Sugars Refinery, India
- Goldman Sachs - Singapore
- Metalloyd Limited - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Binh Thuan Hamico - Vietnam
- Globalindo Alam Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Cement Manufacturers Association - India
- Mercator Lines Limited - India
- Vedanta Resources Plc - India
- Cigading International Bulk Terminal - Indonesia
- Ministry of Transport, Egypt
- Medco Energi Mining Internasional
- Gujarat Mineral Development Corp Ltd - India
- Sojitz Corporation - Japan
- The State Trading Corporation of India Ltd
- Bhoruka Overseas - Indonesia
- Iligan Light & Power Inc, Philippines
- India Bulls Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- CNBM International Corporation - China
- SMG Consultants - Indonesia
- Economic Council, Georgia
- Ministry of Finance - Indonesia
- GVK Power & Infra Limited - India
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- Price Waterhouse Coopers - Russia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Timah Investasi Mineral - Indoneisa
- GMR Energy Limited - India
- Semirara Mining Corp, Philippines
- Altura Mining Limited, Indonesia
- Bulk Trading Sa - Switzerland
- Banpu Public Company Limited - Thailand
- Standard Chartered Bank - UAE
- Mercuria Energy - Indonesia
- Energy Link Ltd, New Zealand
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Ceylon Electricity Board - Sri Lanka
- Dalmia Cement Bharat India
- The University of Queensland
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- Straits Asia Resources Limited - Singapore
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- Siam City Cement - Thailand
- London Commodity Brokers - England
- Indian Oil Corporation Limited
- Electricity Authority, New Zealand
- Bangladesh Power Developement Board
- Chamber of Mines of South Africa
- Electricity Generating Authority of Thailand
- GAC Shipping (India) Pvt Ltd
- Heidelberg Cement - Germany
- PTC India Limited - India
- Anglo American - United Kingdom
- IHS Mccloskey Coal Group - USA
- Meenaskhi Energy Private Limited - India
- Jindal Steel & Power Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Bukit Baiduri Energy - Indonesia
- Bhushan Steel Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Planning Commission, India
- ICICI Bank Limited - India
- Africa Commodities Group - South Africa
- Deloitte Consulting - India
- Krishnapatnam Port Company Ltd. - India
- Madhucon Powers Ltd - India
- Commonwealth Bank - Australia
- Siam City Cement PLC, Thailand
- Salva Resources Pvt Ltd - India
- Rio Tinto Coal - Australia
- CIMB Investment Bank - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Central Java Power - Indonesia
- Interocean Group of Companies - India
- Pipit Mutiara Jaya. PT, Indonesia
- Aditya Birla Group - India
- Directorate General of MIneral and Coal - Indonesia
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- Jaiprakash Power Ventures ltd
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- Port Waratah Coal Services - Australia
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- The Treasury - Australian Government
- Larsen & Toubro Limited - India
- Ministry of Mines - Canada
- Bahari Cakrawala Sebuku - Indonesia
- Star Paper Mills Limited - India
- Parliament of New Zealand
- San Jose City I Power Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- McConnell Dowell - Australia
- Aboitiz Power Corporation - Philippines
- Riau Bara Harum - Indonesia
- Agrawal Coal Company - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
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- Billiton Holdings Pty Ltd - Australia
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Sindya Power Generating Company Private Ltd
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- Energy Development Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Ambuja Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Thiess Contractors Indonesia
- Wood Mackenzie - Singapore
- Independent Power Producers Association of India
- Attock Cement Pakistan Limited
- Central Electricity Authority - India
- Indian Energy Exchange, India
- Mintek Dendrill Indonesia
- Sical Logistics Limited - India
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- ASAPP Information Group - India
- Antam Resourcindo - Indonesia
- Bhatia International Limited - India
- MS Steel International - UAE
- Makarim & Taira - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
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- Indogreen Group - Indonesia
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- Orica Australia Pty. Ltd.
- Renaissance Capital - South Africa
- Edison Trading Spa - Italy
- Eastern Coal Council - USA
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- Thai Mozambique Logistica
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- Kaltim Prima Coal - Indonesia
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- Global Business Power Corporation, Philippines
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- Indonesian Coal Mining Association
- Singapore Mercantile Exchange
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- Romanian Commodities Exchange
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- Baramulti Group, Indonesia
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- Bharathi Cement Corporation - India
- Kideco Jaya Agung - Indonesia
- South Luzon Thermal Energy Corporation
- Wilmar Investment Holdings
- VISA Power Limited - India
- Samtan Co., Ltd - South Korea
- Meralco Power Generation, Philippines
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- Petron Corporation, Philippines
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