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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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- Intertek Mineral Services - Indonesia
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- MS Steel International - UAE
- Singapore Mercantile Exchange
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- Goldman Sachs - Singapore
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- GAC Shipping (India) Pvt Ltd
- Agrawal Coal Company - India
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- Orica Australia Pty. Ltd.
- Indian Energy Exchange, India
- Indogreen Group - Indonesia
- Timah Investasi Mineral - Indoneisa
- ICICI Bank Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Antam Resourcindo - Indonesia
- Pendopo Energi Batubara - Indonesia
- Posco Energy - South Korea
- Bangladesh Power Developement Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Latin American Coal - Colombia
- Makarim & Taira - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Edison Trading Spa - Italy
- Binh Thuan Hamico - Vietnam
- PNOC Exploration Corporation - Philippines
- Electricity Generating Authority of Thailand
- Port Waratah Coal Services - Australia
- Salva Resources Pvt Ltd - India
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- Miang Besar Coal Terminal - Indonesia
- Economic Council, Georgia
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- IHS Mccloskey Coal Group - USA
- Global Green Power PLC Corporation, Philippines
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- VISA Power Limited - India
- Bhushan Steel Limited - India
- McConnell Dowell - Australia
- OPG Power Generation Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- GVK Power & Infra Limited - India
- Georgia Ports Authority, United States
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- Sical Logistics Limited - India
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- Sree Jayajothi Cements Limited - India
- PowerSource Philippines DevCo
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- The University of Queensland
- Cement Manufacturers Association - India
- Vizag Seaport Private Limited - India
- PTC India Limited - India
- Rashtriya Ispat Nigam Limited - India
- The Treasury - Australian Government
- Indika Energy - Indonesia
- Australian Commodity Traders Exchange
- Ministry of Mines - Canada
- Xindia Steels Limited - India
- Bharathi Cement Corporation - India
- Deloitte Consulting - India
- Global Coal Blending Company Limited - Australia
- Parliament of New Zealand
- Price Waterhouse Coopers - Russia
- Mintek Dendrill Indonesia
- Malabar Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Kalimantan Lumbung Energi - Indonesia
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- SN Aboitiz Power Inc, Philippines
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- Jindal Steel & Power Ltd - India
- Planning Commission, India
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- Meralco Power Generation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Anglo American - United Kingdom
- Siam City Cement - Thailand
- Sindya Power Generating Company Private Ltd
- ASAPP Information Group - India
- Barasentosa Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- TNB Fuel Sdn Bhd - Malaysia
- Billiton Holdings Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Wilmar Investment Holdings
- SMG Consultants - Indonesia
- Africa Commodities Group - South Africa
- Wood Mackenzie - Singapore
- Ministry of Transport, Egypt
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- Medco Energi Mining Internasional
- Tata Chemicals Ltd - India
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- Electricity Authority, New Zealand
- TeaM Sual Corporation - Philippines
- Altura Mining Limited, Indonesia
- Merrill Lynch Commodities Europe
- Eastern Energy - Thailand
- Meenaskhi Energy Private Limited - India
- Bhoruka Overseas - Indonesia
- Eastern Coal Council - USA
- Tamil Nadu electricity Board
- Bahari Cakrawala Sebuku - Indonesia
- Kartika Selabumi Mining - Indonesia
- Grasim Industreis Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
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- Heidelberg Cement - Germany
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- Energy Link Ltd, New Zealand
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- Oldendorff Carriers - Singapore
- Coal and Oil Company - UAE
- India Bulls Power Limited - India
- New Zealand Coal & Carbon
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- South Luzon Thermal Energy Corporation
- Coalindo Energy - Indonesia
- Central Electricity Authority - India
- Kaltim Prima Coal - Indonesia
- Global Business Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Gujarat Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- Bukit Makmur.PT - Indonesia
- London Commodity Brokers - England
- Maheswari Brothers Coal Limited - India
- Straits Asia Resources Limited - Singapore
- Semirara Mining and Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- CIMB Investment Bank - Malaysia
- Savvy Resources Ltd - HongKong
- The State Trading Corporation of India Ltd
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- Aditya Birla Group - India
- Karaikal Port Pvt Ltd - India
- Chamber of Mines of South Africa
- Siam City Cement PLC, Thailand
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- Trasteel International SA, Italy
- Jorong Barutama Greston.PT - Indonesia
- Indian Oil Corporation Limited
- IEA Clean Coal Centre - UK
- Commonwealth Bank - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Ambuja Cements Ltd - India
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- Kumho Petrochemical, South Korea
- Indo Tambangraya Megah - Indonesia
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- Samtan Co., Ltd - South Korea
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- Standard Chartered Bank - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Jaiprakash Power Ventures ltd
- Bhatia International Limited - India
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- Formosa Plastics Group - Taiwan
- Therma Luzon, Inc, Philippines
- Petron Corporation, Philippines
- European Bulk Services B.V. - Netherlands
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- Central Java Power - Indonesia
- Independent Power Producers Association of India
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- Australian Coal Association
- Minerals Council of Australia
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