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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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- Therma Luzon, Inc, Philippines
- Economic Council, Georgia
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- Kepco SPC Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Price Waterhouse Coopers - Russia
- Orica Mining Services - Indonesia
- Planning Commission, India
- Standard Chartered Bank - UAE
- Intertek Mineral Services - Indonesia
- Madhucon Powers Ltd - India
- Barasentosa Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Agrawal Coal Company - India
- Jindal Steel & Power Ltd - India
- Bukit Baiduri Energy - Indonesia
- Central Java Power - Indonesia
- LBH Netherlands Bv - Netherlands
- Thiess Contractors Indonesia
- Larsen & Toubro Limited - India
- Energy Development Corp, Philippines
- GVK Power & Infra Limited - India
- Lanco Infratech Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Makarim & Taira - Indonesia
- European Bulk Services B.V. - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Grasim Industreis Ltd - India
- Siam City Cement PLC, Thailand
- Kalimantan Lumbung Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
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- Jorong Barutama Greston.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Latin American Coal - Colombia
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- Global Business Power Corporation, Philippines
- Heidelberg Cement - Germany
- Gujarat Mineral Development Corp Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Makmur.PT - Indonesia
- Kideco Jaya Agung - Indonesia
- Maheswari Brothers Coal Limited - India
- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
- TNB Fuel Sdn Bhd - Malaysia
- Parliament of New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Oil Corporation Limited
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- Minerals Council of Australia
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- GMR Energy Limited - India
- Sarangani Energy Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Global Coal Blending Company Limited - Australia
- Formosa Plastics Group - Taiwan
- Rashtriya Ispat Nigam Limited - India
- Star Paper Mills Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Vedanta Resources Plc - India
- ASAPP Information Group - India
- New Zealand Coal & Carbon
- Georgia Ports Authority, United States
- Marubeni Corporation - India
- Australian Commodity Traders Exchange
- Uttam Galva Steels Limited - India
- Chamber of Mines of South Africa
- TeaM Sual Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Rio Tinto Coal - Australia
- Deloitte Consulting - India
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- Global Green Power PLC Corporation, Philippines
- Meralco Power Generation, Philippines
- South Luzon Thermal Energy Corporation
- Alfred C Toepfer International GmbH - Germany
- Toyota Tsusho Corporation, Japan
- Gujarat Sidhee Cement - India
- PowerSource Philippines DevCo
- Renaissance Capital - South Africa
- Commonwealth Bank - Australia
- Petron Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Trasteel International SA, Italy
- Orica Australia Pty. Ltd.
- ICICI Bank Limited - India
- Straits Asia Resources Limited - Singapore
- Salva Resources Pvt Ltd - India
- London Commodity Brokers - England
- Antam Resourcindo - Indonesia
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- Xindia Steels Limited - India
- Kaltim Prima Coal - Indonesia
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- OPG Power Generation Pvt Ltd - India
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- Eastern Coal Council - USA
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- Parry Sugars Refinery, India
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- Bangladesh Power Developement Board
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- Australian Coal Association
- The Treasury - Australian Government
- Singapore Mercantile Exchange
- Gujarat Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
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- Indonesian Coal Mining Association
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- SMC Global Power, Philippines
- India Bulls Power Limited - India
- Independent Power Producers Association of India
- Mjunction Services Limited - India
- MS Steel International - UAE
- Mercuria Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
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- Mintek Dendrill Indonesia
- Bhushan Steel Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Karaikal Port Pvt Ltd - India
- The University of Queensland
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- Indian Energy Exchange, India
- Baramulti Group, Indonesia
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- IHS Mccloskey Coal Group - USA
- Posco Energy - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- PTC India Limited - India
- Bharathi Cement Corporation - India
- Indika Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Merrill Lynch Commodities Europe
- Asmin Koalindo Tuhup - Indonesia
- VISA Power Limited - India
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- IEA Clean Coal Centre - UK
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- Interocean Group of Companies - India
- Wood Mackenzie - Singapore
- Coal and Oil Company - UAE
- Ceylon Electricity Board - Sri Lanka
- Timah Investasi Mineral - Indoneisa
- CIMB Investment Bank - Malaysia
- Thai Mozambique Logistica
- Bayan Resources Tbk. - Indonesia
- Central Electricity Authority - India
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