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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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- Sarangani Energy Corporation, Philippines
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- Marubeni Corporation - India
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- Carbofer General Trading SA - India
- Bhatia International Limited - India
- Essar Steel Hazira Ltd - India
- Thiess Contractors Indonesia
- GAC Shipping (India) Pvt Ltd
- Australian Commodity Traders Exchange
- Price Waterhouse Coopers - Russia
- Ind-Barath Power Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Planning Commission, India
- European Bulk Services B.V. - Netherlands
- Mercuria Energy - Indonesia
- Dalmia Cement Bharat India
- Xindia Steels Limited - India
- Renaissance Capital - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Sindya Power Generating Company Private Ltd
- Gujarat Mineral Development Corp Ltd - India
- White Energy Company Limited
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- Indogreen Group - Indonesia
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- Mintek Dendrill Indonesia
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- Central Electricity Authority - India
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- PetroVietnam Power Coal Import and Supply Company
- Makarim & Taira - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Wood Mackenzie - Singapore
- Oldendorff Carriers - Singapore
- Port Waratah Coal Services - Australia
- Parry Sugars Refinery, India
- Electricity Authority, New Zealand
- Georgia Ports Authority, United States
- Indonesian Coal Mining Association
- London Commodity Brokers - England
- Cement Manufacturers Association - India
- Therma Luzon, Inc, Philippines
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- Jindal Steel & Power Ltd - India
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- Asmin Koalindo Tuhup - Indonesia
- Straits Asia Resources Limited - Singapore
- SN Aboitiz Power Inc, Philippines
- Commonwealth Bank - Australia
- Posco Energy - South Korea
- Intertek Mineral Services - Indonesia
- Singapore Mercantile Exchange
- SMG Consultants - Indonesia
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- Kumho Petrochemical, South Korea
- Iligan Light & Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Sakthi Sugars Limited - India
- Rashtriya Ispat Nigam Limited - India
- CIMB Investment Bank - Malaysia
- Ambuja Cements Ltd - India
- Videocon Industries ltd - India
- LBH Netherlands Bv - Netherlands
- Bayan Resources Tbk. - Indonesia
- Energy Development Corp, Philippines
- Power Finance Corporation Ltd., India
- Ministry of Finance - Indonesia
- Edison Trading Spa - Italy
- Indian Energy Exchange, India
- Thai Mozambique Logistica
- SMC Global Power, Philippines
- Bulk Trading Sa - Switzerland
- Vedanta Resources Plc - India
- AsiaOL BioFuels Corp., Philippines
- Karbindo Abesyapradhi - Indoneisa
- Interocean Group of Companies - India
- GVK Power & Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- TeaM Sual Corporation - Philippines
- Independent Power Producers Association of India
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- Minerals Council of Australia
- Toyota Tsusho Corporation, Japan
- Indika Energy - Indonesia
- Economic Council, Georgia
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- Australian Coal Association
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- Billiton Holdings Pty Ltd - Australia
- Agrawal Coal Company - India
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- Orica Australia Pty. Ltd.
- Electricity Generating Authority of Thailand
- Sinarmas Energy and Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Coastal Gujarat Power Limited - India
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- New Zealand Coal & Carbon
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- Banpu Public Company Limited - Thailand
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- Chamber of Mines of South Africa
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- Grasim Industreis Ltd - India
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- Coal and Oil Company - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Madhucon Powers Ltd - India
- Global Coal Blending Company Limited - Australia
- The University of Queensland
- Jorong Barutama Greston.PT - Indonesia
- The Treasury - Australian Government
- Lanco Infratech Ltd - India
- Bhoruka Overseas - Indonesia
- Directorate Of Revenue Intelligence - India
- Goldman Sachs - Singapore
- Riau Bara Harum - Indonesia
- Ministry of Mines - Canada
- Petron Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Indo Tambangraya Megah - Indonesia
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- Attock Cement Pakistan Limited
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- Eastern Coal Council - USA
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- Tamil Nadu electricity Board
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- Jaiprakash Power Ventures ltd
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- Parliament of New Zealand
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- Larsen & Toubro Limited - India
- Siam City Cement PLC, Thailand
- Medco Energi Mining Internasional
- Deloitte Consulting - India
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- Aboitiz Power Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Energy Link Ltd, New Zealand
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- Eastern Energy - Thailand
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