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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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- Asmin Koalindo Tuhup - Indonesia
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- Ministry of Transport, Egypt
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- Sindya Power Generating Company Private Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Grasim Industreis Ltd - India
- McConnell Dowell - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Carbofer General Trading SA - India
- Globalindo Alam Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Standard Chartered Bank - UAE
- Bukit Baiduri Energy - Indonesia
- PNOC Exploration Corporation - Philippines
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- ICICI Bank Limited - India
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- Bhoruka Overseas - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Merrill Lynch Commodities Europe
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- CIMB Investment Bank - Malaysia
- The University of Queensland
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- The Treasury - Australian Government
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- Miang Besar Coal Terminal - Indonesia
- Intertek Mineral Services - Indonesia
- Directorate Of Revenue Intelligence - India
- The State Trading Corporation of India Ltd
- Planning Commission, India
- Global Business Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Formosa Plastics Group - Taiwan
- Power Finance Corporation Ltd., India
- Africa Commodities Group - South Africa
- Global Coal Blending Company Limited - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhushan Steel Limited - India
- Salva Resources Pvt Ltd - India
- Goldman Sachs - Singapore
- Bangladesh Power Developement Board
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- Singapore Mercantile Exchange
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- Indian Oil Corporation Limited
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- Bharathi Cement Corporation - India
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- Agrawal Coal Company - India
- Medco Energi Mining Internasional
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- Energy Development Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Jindal Steel & Power Ltd - India
- Port Waratah Coal Services - Australia
- Indika Energy - Indonesia
- Georgia Ports Authority, United States
- Petron Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Attock Cement Pakistan Limited
- Straits Asia Resources Limited - Singapore
- Gujarat Mineral Development Corp Ltd - India
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- Parry Sugars Refinery, India
- Interocean Group of Companies - India
- Bhatia International Limited - India
- TeaM Sual Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Altura Mining Limited, Indonesia
- IHS Mccloskey Coal Group - USA
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- Sinarmas Energy and Mining - Indonesia
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- Baramulti Group, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kobexindo Tractors - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Central Electricity Authority - India
- Oldendorff Carriers - Singapore
- Kaltim Prima Coal - Indonesia
- Makarim & Taira - Indonesia
- Parliament of New Zealand
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- Coalindo Energy - Indonesia
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- Sree Jayajothi Cements Limited - India
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- Wood Mackenzie - Singapore
- Eastern Energy - Thailand
- Metalloyd Limited - United Kingdom
- New Zealand Coal & Carbon
- Sical Logistics Limited - India
- Mintek Dendrill Indonesia
- Sojitz Corporation - Japan
- IEA Clean Coal Centre - UK
- SMC Global Power, Philippines
- Orica Mining Services - Indonesia
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- Meralco Power Generation, Philippines
- Cement Manufacturers Association - India
- Price Waterhouse Coopers - Russia
- GN Power Mariveles Coal Plant, Philippines
- Bukit Makmur.PT - Indonesia
- Posco Energy - South Korea
- Indonesian Coal Mining Association
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- SN Aboitiz Power Inc, Philippines
- Minerals Council of Australia
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- Trasteel International SA, Italy
- Romanian Commodities Exchange
- Australian Coal Association
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- Larsen & Toubro Limited - India
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- Semirara Mining Corp, Philippines
- Coal and Oil Company - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Deloitte Consulting - India
- Eastern Coal Council - USA
- Edison Trading Spa - Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Commonwealth Bank - Australia
- Independent Power Producers Association of India
- Timah Investasi Mineral - Indoneisa
- Ministry of Finance - Indonesia
- GAC Shipping (India) Pvt Ltd
- Marubeni Corporation - India
- Mjunction Services Limited - India
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- Jaiprakash Power Ventures ltd
- Global Green Power PLC Corporation, Philippines
- Lanco Infratech Ltd - India
- White Energy Company Limited
- London Commodity Brokers - England
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- Ceylon Electricity Board - Sri Lanka
- Videocon Industries ltd - India
- Energy Link Ltd, New Zealand
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- Directorate General of MIneral and Coal - Indonesia
- PTC India Limited - India
- Electricity Authority, New Zealand
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- Madhucon Powers Ltd - India
- Banpu Public Company Limited - Thailand
- Vedanta Resources Plc - India
- Economic Council, Georgia
- International Coal Ventures Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Samtan Co., Ltd - South Korea
- South Luzon Thermal Energy Corporation
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Renaissance Capital - South Africa
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- Indian Energy Exchange, India
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- Gujarat Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
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- Indogreen Group - Indonesia
- Ambuja Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- CNBM International Corporation - China
- Latin American Coal - Colombia
- MS Steel International - UAE
- Australian Commodity Traders Exchange
- Rio Tinto Coal - Australia
- Binh Thuan Hamico - Vietnam
- Thai Mozambique Logistica
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Malabar Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
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- European Bulk Services B.V. - Netherlands
- Ministry of Mines - Canada
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