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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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- Pipit Mutiara Jaya. PT, Indonesia
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- Latin American Coal - Colombia
- Indonesian Coal Mining Association
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- Timah Investasi Mineral - Indoneisa
- Meralco Power Generation, Philippines
- Jaiprakash Power Ventures ltd
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- Metalloyd Limited - United Kingdom
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- Price Waterhouse Coopers - Russia
- Kumho Petrochemical, South Korea
- Kepco SPC Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Kaltim Prima Coal - Indonesia
- Samtan Co., Ltd - South Korea
- Bharathi Cement Corporation - India
- Vedanta Resources Plc - India
- Eastern Coal Council - USA
- European Bulk Services B.V. - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- San Jose City I Power Corp, Philippines
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- Asmin Koalindo Tuhup - Indonesia
- Power Finance Corporation Ltd., India
- Mercuria Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Straits Asia Resources Limited - Singapore
- South Luzon Thermal Energy Corporation
- Global Business Power Corporation, Philippines
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Sidhee Cement - India
- Commonwealth Bank - Australia
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- Siam City Cement PLC, Thailand
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- Rashtriya Ispat Nigam Limited - India
- Renaissance Capital - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate Of Revenue Intelligence - India
- Tamil Nadu electricity Board
- PNOC Exploration Corporation - Philippines
- ICICI Bank Limited - India
- Parry Sugars Refinery, India
- Ministry of Mines - Canada
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- Economic Council, Georgia
- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
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- Sinarmas Energy and Mining - Indonesia
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- Coalindo Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Indika Energy - Indonesia
- Interocean Group of Companies - India
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- Makarim & Taira - Indonesia
- Siam City Cement - Thailand
- Bukit Baiduri Energy - Indonesia
- Uttam Galva Steels Limited - India
- The Treasury - Australian Government
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- PTC India Limited - India
- Dalmia Cement Bharat India
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- Central Java Power - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GVK Power & Infra Limited - India
- Electricity Authority, New Zealand
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- SN Aboitiz Power Inc, Philippines
- Bhatia International Limited - India
- Coastal Gujarat Power Limited - India
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- Africa Commodities Group - South Africa
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Marubeni Corporation - India
- Billiton Holdings Pty Ltd - Australia
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- Malabar Cements Ltd - India
- Sree Jayajothi Cements Limited - India
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- Riau Bara Harum - Indonesia
- International Coal Ventures Pvt Ltd - India
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- CNBM International Corporation - China
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- New Zealand Coal & Carbon
- IEA Clean Coal Centre - UK
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- Bukit Makmur.PT - Indonesia
- Tata Chemicals Ltd - India
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- Mintek Dendrill Indonesia
- Standard Chartered Bank - UAE
- Wood Mackenzie - Singapore
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- Indian Oil Corporation Limited
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- Formosa Plastics Group - Taiwan
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- PowerSource Philippines DevCo
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- Energy Link Ltd, New Zealand
- Minerals Council of Australia
- Australian Coal Association
- McConnell Dowell - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Development Corp, Philippines
- Goldman Sachs - Singapore
- The University of Queensland
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- OPG Power Generation Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Antam Resourcindo - Indonesia
- Star Paper Mills Limited - India
- IHS Mccloskey Coal Group - USA
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- Georgia Ports Authority, United States
- Semirara Mining and Power Corporation, Philippines
- Trasteel International SA, Italy
- GMR Energy Limited - India
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- Bhushan Steel Limited - India
- Parliament of New Zealand
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- Manunggal Multi Energi - Indonesia
- Savvy Resources Ltd - HongKong
- VISA Power Limited - India
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- Maharashtra Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Chamber of Mines of South Africa
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- Thiess Contractors Indonesia
- Merrill Lynch Commodities Europe
- Deloitte Consulting - India
- AsiaOL BioFuels Corp., Philippines
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