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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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- Neyveli Lignite Corporation Ltd, - India
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- Sarangani Energy Corporation, Philippines
- Goldman Sachs - Singapore
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- European Bulk Services B.V. - Netherlands
- Metalloyd Limited - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- PNOC Exploration Corporation - Philippines
- Tata Chemicals Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Agrawal Coal Company - India
- Renaissance Capital - South Africa
- Bharathi Cement Corporation - India
- Maheswari Brothers Coal Limited - India
- GVK Power & Infra Limited - India
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- Kobexindo Tractors - Indoneisa
- Banpu Public Company Limited - Thailand
- Energy Link Ltd, New Zealand
- Riau Bara Harum - Indonesia
- Economic Council, Georgia
- McConnell Dowell - Australia
- Trasteel International SA, Italy
- Savvy Resources Ltd - HongKong
- Edison Trading Spa - Italy
- IHS Mccloskey Coal Group - USA
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- Miang Besar Coal Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- Singapore Mercantile Exchange
- Oldendorff Carriers - Singapore
- Deloitte Consulting - India
- Orica Australia Pty. Ltd.
- Petrochimia International Co. Ltd.- Taiwan
- Kumho Petrochemical, South Korea
- Rio Tinto Coal - Australia
- VISA Power Limited - India
- SMG Consultants - Indonesia
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- Manunggal Multi Energi - Indonesia
- Antam Resourcindo - Indonesia
- Bhushan Steel Limited - India
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- Marubeni Corporation - India
- SMC Global Power, Philippines
- Meralco Power Generation, Philippines
- CNBM International Corporation - China
- Aboitiz Power Corporation - Philippines
- Semirara Mining Corp, Philippines
- Australian Commodity Traders Exchange
- Indonesian Coal Mining Association
- CIMB Investment Bank - Malaysia
- Siam City Cement - Thailand
- SN Aboitiz Power Inc, Philippines
- Dalmia Cement Bharat India
- South Luzon Thermal Energy Corporation
- Parliament of New Zealand
- Eastern Coal Council - USA
- Interocean Group of Companies - India
- Toyota Tsusho Corporation, Japan
- Salva Resources Pvt Ltd - India
- San Jose City I Power Corp, Philippines
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- Simpson Spence & Young - Indonesia
- New Zealand Coal & Carbon
- London Commodity Brokers - England
- Australian Coal Association
- Jaiprakash Power Ventures ltd
- India Bulls Power Limited - India
- IEA Clean Coal Centre - UK
- Bukit Baiduri Energy - Indonesia
- Medco Energi Mining Internasional
- Central Electricity Authority - India
- Mintek Dendrill Indonesia
- The University of Queensland
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- Carbofer General Trading SA - India
- Independent Power Producers Association of India
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- Baramulti Group, Indonesia
- Energy Development Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Bulk Trading Sa - Switzerland
- Electricity Authority, New Zealand
- Price Waterhouse Coopers - Russia
- Global Green Power PLC Corporation, Philippines
- Makarim & Taira - Indonesia
- Karaikal Port Pvt Ltd - India
- Romanian Commodities Exchange
- Xindia Steels Limited - India
- Coalindo Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- PTC India Limited - India
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- Borneo Indobara - Indonesia
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- Power Finance Corporation Ltd., India
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- Jorong Barutama Greston.PT - Indonesia
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Posco Energy - South Korea
- Bhoruka Overseas - Indonesia
- Star Paper Mills Limited - India
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- Ministry of Mines - Canada
- Samtan Co., Ltd - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Bhatia International Limited - India
- Merrill Lynch Commodities Europe
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Global Coal Blending Company Limited - Australia
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- Heidelberg Cement - Germany
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- GN Power Mariveles Coal Plant, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Africa Commodities Group - South Africa
- Commonwealth Bank - Australia
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- Petron Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
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- Indian Oil Corporation Limited
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- Sojitz Corporation - Japan
- Malabar Cements Ltd - India
- Siam City Cement PLC, Thailand
- The State Trading Corporation of India Ltd
- Chamber of Mines of South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- PowerSource Philippines DevCo
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