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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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- Petron Corporation, Philippines
- Samtan Co., Ltd - South Korea
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- Standard Chartered Bank - UAE
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- McConnell Dowell - Australia
- Bukit Makmur.PT - Indonesia
- Edison Trading Spa - Italy
- Larsen & Toubro Limited - India
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- Chettinad Cement Corporation Ltd - India
- Heidelberg Cement - Germany
- Kideco Jaya Agung - Indonesia
- Indo Tambangraya Megah - Indonesia
- Altura Mining Limited, Indonesia
- GVK Power & Infra Limited - India
- Barasentosa Lestari - Indonesia
- SMG Consultants - Indonesia
- Aboitiz Power Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Sarangani Energy Corporation, Philippines
- Thiess Contractors Indonesia
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- Central Java Power - Indonesia
- Riau Bara Harum - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
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- Bulk Trading Sa - Switzerland
- Coastal Gujarat Power Limited - India
- Meralco Power Generation, Philippines
- Jindal Steel & Power Ltd - India
- London Commodity Brokers - England
- Toyota Tsusho Corporation, Japan
- CIMB Investment Bank - Malaysia
- Marubeni Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Orica Mining Services - Indonesia
- Therma Luzon, Inc, Philippines
- Anglo American - United Kingdom
- Rio Tinto Coal - Australia
- Georgia Ports Authority, United States
- Medco Energi Mining Internasional
- Ministry of Transport, Egypt
- San Jose City I Power Corp, Philippines
- Ambuja Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Indian Energy Exchange, India
- GAC Shipping (India) Pvt Ltd
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- GN Power Mariveles Coal Plant, Philippines
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- Globalindo Alam Lestari - Indonesia
- Antam Resourcindo - Indonesia
- Banpu Public Company Limited - Thailand
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- Kumho Petrochemical, South Korea
- Aditya Birla Group - India
- PetroVietnam Power Coal Import and Supply Company
- Indian Oil Corporation Limited
- Binh Thuan Hamico - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Indogreen Group - Indonesia
- Sindya Power Generating Company Private Ltd
- Gujarat Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- Semirara Mining Corp, Philippines
- Lanco Infratech Ltd - India
- Makarim & Taira - Indonesia
- Eastern Energy - Thailand
- Romanian Commodities Exchange
- Videocon Industries ltd - India
- Oldendorff Carriers - Singapore
- Latin American Coal - Colombia
- Intertek Mineral Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Singapore Mercantile Exchange
- PNOC Exploration Corporation - Philippines
- VISA Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Interocean Group of Companies - India
- Power Finance Corporation Ltd., India
- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
- Miang Besar Coal Terminal - Indonesia
- Deloitte Consulting - India
- Central Electricity Authority - India
- Australian Commodity Traders Exchange
- Vedanta Resources Plc - India
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- The State Trading Corporation of India Ltd
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- Rashtriya Ispat Nigam Limited - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- PTC India Limited - India
- Metalloyd Limited - United Kingdom
- Thai Mozambique Logistica
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- Kobexindo Tractors - Indoneisa
- Cement Manufacturers Association - India
- Coal and Oil Company - UAE
- Port Waratah Coal Services - Australia
- Parliament of New Zealand
- Siam City Cement PLC, Thailand
- Tata Chemicals Ltd - India
- Merrill Lynch Commodities Europe
- Star Paper Mills Limited - India
- Global Coal Blending Company Limited - Australia
- Savvy Resources Ltd - HongKong
- IEA Clean Coal Centre - UK
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- Mercator Lines Limited - India
- Carbofer General Trading SA - India
- Madhucon Powers Ltd - India
- Bhatia International Limited - India
- Price Waterhouse Coopers - Russia
- Minerals Council of Australia
- Ministry of Mines - Canada
- Kapuas Tunggal Persada - Indonesia
- Independent Power Producers Association of India
- Uttam Galva Steels Limited - India
- Electricity Generating Authority of Thailand
- Sical Logistics Limited - India
- Directorate Of Revenue Intelligence - India
- ICICI Bank Limited - India
- Goldman Sachs - Singapore
- Economic Council, Georgia
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- Xindia Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- Baramulti Group, Indonesia
- Jaiprakash Power Ventures ltd
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- Siam City Cement - Thailand
- Ministry of Finance - Indonesia
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- Global Business Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- CNBM International Corporation - China
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- Indonesian Coal Mining Association
- Energy Link Ltd, New Zealand
- ASAPP Information Group - India
- SMC Global Power, Philippines
- Straits Asia Resources Limited - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Bangladesh Power Developement Board
- Trasteel International SA, Italy
- Bayan Resources Tbk. - Indonesia
- Bhoruka Overseas - Indonesia
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- SN Aboitiz Power Inc, Philippines
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- Planning Commission, India
- Chamber of Mines of South Africa
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- Petrochimia International Co. Ltd.- Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Mjunction Services Limited - India
- South Luzon Thermal Energy Corporation
- Sojitz Corporation - Japan
- Gujarat Mineral Development Corp Ltd - India
- New Zealand Coal & Carbon
- Eastern Coal Council - USA
- Energy Development Corp, Philippines
- MS Steel International - UAE
- Malabar Cements Ltd - India
- The Treasury - Australian Government
- Global Green Power PLC Corporation, Philippines
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- Dalmia Cement Bharat India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- European Bulk Services B.V. - Netherlands
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