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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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- Sinarmas Energy and Mining - Indonesia
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- Orica Australia Pty. Ltd.
- Ministry of Mines - Canada
- Kepco SPC Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Mercuria Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Sindya Power Generating Company Private Ltd
- McConnell Dowell - Australia
- Central Java Power - Indonesia
- Bukit Makmur.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- New Zealand Coal & Carbon
- Sojitz Corporation - Japan
- Krishnapatnam Port Company Ltd. - India
- Merrill Lynch Commodities Europe
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- Electricity Generating Authority of Thailand
- Kartika Selabumi Mining - Indonesia
- Essar Steel Hazira Ltd - India
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- Africa Commodities Group - South Africa
- Kumho Petrochemical, South Korea
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- The University of Queensland
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- Manunggal Multi Energi - Indonesia
- Electricity Authority, New Zealand
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- Kapuas Tunggal Persada - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Semirara Mining and Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Wood Mackenzie - Singapore
- Cement Manufacturers Association - India
- Neyveli Lignite Corporation Ltd, - India
- Asmin Koalindo Tuhup - Indonesia
- Trasteel International SA, Italy
- Pendopo Energi Batubara - Indonesia
- Aboitiz Power Corporation - Philippines
- Independent Power Producers Association of India
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- Eastern Energy - Thailand
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
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- Bangladesh Power Developement Board
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- Thai Mozambique Logistica
- IEA Clean Coal Centre - UK
- Bukit Baiduri Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Meenaskhi Energy Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Global Coal Blending Company Limited - Australia
- Economic Council, Georgia
- Petrochimia International Co. Ltd.- Taiwan
- Petron Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
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- Xindia Steels Limited - India
- White Energy Company Limited
- Medco Energi Mining Internasional
- Tata Chemicals Ltd - India
- Grasim Industreis Ltd - India
- Port Waratah Coal Services - Australia
- Indogreen Group - Indonesia
- Sakthi Sugars Limited - India
- Price Waterhouse Coopers - Russia
- Jindal Steel & Power Ltd - India
- Straits Asia Resources Limited - Singapore
- Mintek Dendrill Indonesia
- Posco Energy - South Korea
- Miang Besar Coal Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- Anglo American - United Kingdom
- Vizag Seaport Private Limited - India
- Borneo Indobara - Indonesia
- Riau Bara Harum - Indonesia
- Sical Logistics Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Australian Commodity Traders Exchange
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- ASAPP Information Group - India
- Barasentosa Lestari - Indonesia
- Heidelberg Cement - Germany
- Thiess Contractors Indonesia
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- Ceylon Electricity Board - Sri Lanka
- GAC Shipping (India) Pvt Ltd
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- Renaissance Capital - South Africa
- Sree Jayajothi Cements Limited - India
- Planning Commission, India
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- Uttam Galva Steels Limited - India
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- Videocon Industries ltd - India
- Metalloyd Limited - United Kingdom
- Parliament of New Zealand
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- Eastern Coal Council - USA
- Sarangani Energy Corporation, Philippines
- Parry Sugars Refinery, India
- Bhushan Steel Limited - India
- Energy Link Ltd, New Zealand
- Dalmia Cement Bharat India
- Edison Trading Spa - Italy
- Marubeni Corporation - India
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- Australian Coal Association
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- Coal and Oil Company - UAE
- Rio Tinto Coal - Australia
- The Treasury - Australian Government
- Indian Energy Exchange, India
- OPG Power Generation Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Kideco Jaya Agung - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Goldman Sachs - Singapore
- Billiton Holdings Pty Ltd - Australia
- Indika Energy - Indonesia
- Bharathi Cement Corporation - India
- Romanian Commodities Exchange
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- TNB Fuel Sdn Bhd - Malaysia
- South Luzon Thermal Energy Corporation
- Directorate General of MIneral and Coal - Indonesia
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- Indian Oil Corporation Limited
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- Globalindo Alam Lestari - Indonesia
- Deloitte Consulting - India
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- PNOC Exploration Corporation - Philippines
- ICICI Bank Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chamber of Mines of South Africa
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- Lanco Infratech Ltd - India
- Intertek Mineral Services - Indonesia
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- PTC India Limited - India
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- Bhoruka Overseas - Indonesia
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- Salva Resources Pvt Ltd - India
- SMC Global Power, Philippines
- Ministry of Finance - Indonesia
- Makarim & Taira - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kobexindo Tractors - Indoneisa
- Indonesian Coal Mining Association
- Singapore Mercantile Exchange
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