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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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- McConnell Dowell - Australia
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- Sindya Power Generating Company Private Ltd
- SN Aboitiz Power Inc, Philippines
- Indian Energy Exchange, India
- IEA Clean Coal Centre - UK
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- Indonesian Coal Mining Association
- SMC Global Power, Philippines
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- Port Waratah Coal Services - Australia
- Central Electricity Authority - India
- Sojitz Corporation - Japan
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- Edison Trading Spa - Italy
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- International Coal Ventures Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Standard Chartered Bank - UAE
- White Energy Company Limited
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- Bulk Trading Sa - Switzerland
- Africa Commodities Group - South Africa
- Meralco Power Generation, Philippines
- Parry Sugars Refinery, India
- Jindal Steel & Power Ltd - India
- Indika Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- IHS Mccloskey Coal Group - USA
- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
- Kohat Cement Company Ltd. - Pakistan
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- Marubeni Corporation - India
- Renaissance Capital - South Africa
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Madhucon Powers Ltd - India
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- Bukit Asam (Persero) Tbk - Indonesia
- Parliament of New Zealand
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- Electricity Authority, New Zealand
- Kaltim Prima Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- London Commodity Brokers - England
- GVK Power & Infra Limited - India
- Ministry of Transport, Egypt
- Samtan Co., Ltd - South Korea
- Interocean Group of Companies - India
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- MS Steel International - UAE
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- Rashtriya Ispat Nigam Limited - India
- Antam Resourcindo - Indonesia
- Orica Mining Services - Indonesia
- Essar Steel Hazira Ltd - India
- Globalindo Alam Lestari - Indonesia
- Deloitte Consulting - India
- Heidelberg Cement - Germany
- Makarim & Taira - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Mines - Canada
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- Grasim Industreis Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
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- Romanian Commodities Exchange
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- Economic Council, Georgia
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- Thai Mozambique Logistica
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- India Bulls Power Limited - India
- Oldendorff Carriers - Singapore
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- Coalindo Energy - Indonesia
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- Power Finance Corporation Ltd., India
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- Kalimantan Lumbung Energi - Indonesia
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- Wilmar Investment Holdings
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- Tamil Nadu electricity Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- PNOC Exploration Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Trasteel International SA, Italy
- Ind-Barath Power Infra Limited - India
- Thiess Contractors Indonesia
- Commonwealth Bank - Australia
- Formosa Plastics Group - Taiwan
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- Aditya Birla Group - India
- San Jose City I Power Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- PowerSource Philippines DevCo
- The University of Queensland
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- Maheswari Brothers Coal Limited - India
- Global Business Power Corporation, Philippines
- Planning Commission, India
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- Siam City Cement - Thailand
- Videocon Industries ltd - India
- Mercator Lines Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Energy Link Ltd, New Zealand
- Electricity Generating Authority of Thailand
- Xindia Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Dalmia Cement Bharat India
- Ministry of Finance - Indonesia
- Savvy Resources Ltd - HongKong
- Billiton Holdings Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Kapuas Tunggal Persada - Indonesia
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- Eastern Energy - Thailand
- Lanco Infratech Ltd - India
- Posco Energy - South Korea
- Larsen & Toubro Limited - India
- Pendopo Energi Batubara - Indonesia
- Agrawal Coal Company - India
- Siam City Cement PLC, Thailand
- Bhoruka Overseas - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Indian Oil Corporation Limited
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- OPG Power Generation Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Georgia Ports Authority, United States
- Toyota Tsusho Corporation, Japan
- Central Java Power - Indonesia
- Kideco Jaya Agung - Indonesia
- Coal and Oil Company - UAE
- Malabar Cements Ltd - India
- Chamber of Mines of South Africa
- Independent Power Producers Association of India
- Carbofer General Trading SA - India
- The Treasury - Australian Government
- Bhatia International Limited - India
- Kumho Petrochemical, South Korea
- Bangladesh Power Developement Board
- ASAPP Information Group - India
- Merrill Lynch Commodities Europe
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- Vedanta Resources Plc - India
- Altura Mining Limited, Indonesia
- Salva Resources Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Uttam Galva Steels Limited - India
- Baramulti Group, Indonesia
- Goldman Sachs - Singapore
- Petron Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Straits Asia Resources Limited - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercuria Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- CNBM International Corporation - China
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