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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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- Meenaskhi Energy Private Limited - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Vedanta Resources Plc - India
- Lanco Infratech Ltd - India
- Samtan Co., Ltd - South Korea
- Renaissance Capital - South Africa
- Bulk Trading Sa - Switzerland
- Formosa Plastics Group - Taiwan
- Port Waratah Coal Services - Australia
- ICICI Bank Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tata Chemicals Ltd - India
- Standard Chartered Bank - UAE
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- GN Power Mariveles Coal Plant, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Minerals Council of Australia
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- Jindal Steel & Power Ltd - India
- Merrill Lynch Commodities Europe
- VISA Power Limited - India
- Barasentosa Lestari - Indonesia
- London Commodity Brokers - England
- Timah Investasi Mineral - Indoneisa
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- Energy Link Ltd, New Zealand
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- Malabar Cements Ltd - India
- PowerSource Philippines DevCo
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- Power Finance Corporation Ltd., India
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- Orica Australia Pty. Ltd.
- Antam Resourcindo - Indonesia
- Directorate Of Revenue Intelligence - India
- Metalloyd Limited - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- Coalindo Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Rashtriya Ispat Nigam Limited - India
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- Parliament of New Zealand
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- Global Green Power PLC Corporation, Philippines
- Vizag Seaport Private Limited - India
- The Treasury - Australian Government
- Electricity Authority, New Zealand
- MS Steel International - UAE
- Essar Steel Hazira Ltd - India
- SN Aboitiz Power Inc, Philippines
- GVK Power & Infra Limited - India
- India Bulls Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Bhatia International Limited - India
- Simpson Spence & Young - Indonesia
- Bangladesh Power Developement Board
- Jaiprakash Power Ventures ltd
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- Karbindo Abesyapradhi - Indoneisa
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- Orica Mining Services - Indonesia
- Videocon Industries ltd - India
- Coastal Gujarat Power Limited - India
- Interocean Group of Companies - India
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- Economic Council, Georgia
- Kumho Petrochemical, South Korea
- Salva Resources Pvt Ltd - India
- Anglo American - United Kingdom
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- South Luzon Thermal Energy Corporation
- Ministry of Mines - Canada
- Aditya Birla Group - India
- McConnell Dowell - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Baramulti Group, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Commonwealth Bank - Australia
- Indian Energy Exchange, India
- Carbofer General Trading SA - India
- Altura Mining Limited, Indonesia
- Chamber of Mines of South Africa
- Wilmar Investment Holdings
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- Grasim Industreis Ltd - India
- Bukit Makmur.PT - Indonesia
- Romanian Commodities Exchange
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- Ministry of Transport, Egypt
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- Electricity Generating Authority of Thailand
- San Jose City I Power Corp, Philippines
- Trasteel International SA, Italy
- Sindya Power Generating Company Private Ltd
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- Parry Sugars Refinery, India
- Riau Bara Harum - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- ASAPP Information Group - India
- Cement Manufacturers Association - India
- Alfred C Toepfer International GmbH - Germany
- Kobexindo Tractors - Indoneisa
- Oldendorff Carriers - Singapore
- Makarim & Taira - Indonesia
- Straits Asia Resources Limited - Singapore
- Central Electricity Authority - India
- Eastern Energy - Thailand
- Maheswari Brothers Coal Limited - India
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- Mintek Dendrill Indonesia
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- PetroVietnam Power Coal Import and Supply Company
- Marubeni Corporation - India
- Heidelberg Cement - Germany
- Petron Corporation, Philippines
- Mercuria Energy - Indonesia
- Price Waterhouse Coopers - Russia
- IEA Clean Coal Centre - UK
- Australian Commodity Traders Exchange
- Medco Energi Mining Internasional
- Latin American Coal - Colombia
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- The University of Queensland
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- Toyota Tsusho Corporation, Japan
- Xindia Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Planning Commission, India
- Indonesian Coal Mining Association
- Goldman Sachs - Singapore
- Leighton Contractors Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Banpu Public Company Limited - Thailand
- Agrawal Coal Company - India
- OPG Power Generation Pvt Ltd - India
- Coal and Oil Company - UAE
- White Energy Company Limited
- Bhushan Steel Limited - India
- Wood Mackenzie - Singapore
- Global Coal Blending Company Limited - Australia
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- Sakthi Sugars Limited - India
- Africa Commodities Group - South Africa
- Madhucon Powers Ltd - India
- Independent Power Producers Association of India
- Kohat Cement Company Ltd. - Pakistan
- European Bulk Services B.V. - Netherlands
- Deloitte Consulting - India
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- Chettinad Cement Corporation Ltd - India
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- Sical Logistics Limited - India
- Attock Cement Pakistan Limited
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- Australian Coal Association
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- Dalmia Cement Bharat India
- The State Trading Corporation of India Ltd
- Sarangani Energy Corporation, Philippines
- New Zealand Coal & Carbon
- Ministry of Finance - Indonesia
- Indian Oil Corporation Limited
- Meralco Power Generation, Philippines
- Rio Tinto Coal - Australia
- Sojitz Corporation - Japan
- Intertek Mineral Services - Indonesia
- Mjunction Services Limited - India
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