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Friday, 14 August 09
INDONESIA COAL-PRICES FALL TO $74, INDIA EYES SEPT CARGOES
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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- Sindya Power Generating Company Private Ltd
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- Tata Chemicals Ltd - India
- SN Aboitiz Power Inc, Philippines
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- Maheswari Brothers Coal Limited - India
- Indika Energy - Indonesia
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- PowerSource Philippines DevCo
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- Kalimantan Lumbung Energi - Indonesia
- VISA Power Limited - India
- Altura Mining Limited, Indonesia
- Power Finance Corporation Ltd., India
- Indian Energy Exchange, India
- Tamil Nadu electricity Board
- Mercuria Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- TNB Fuel Sdn Bhd - Malaysia
- Mercator Lines Limited - India
- Baramulti Group, Indonesia
- Indonesian Coal Mining Association
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- Indian Oil Corporation Limited
- Africa Commodities Group - South Africa
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- Electricity Generating Authority of Thailand
- Sojitz Corporation - Japan
- Jindal Steel & Power Ltd - India
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- Sical Logistics Limited - India
- Iligan Light & Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Interocean Group of Companies - India
- Parliament of New Zealand
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- Central Electricity Authority - India
- Lanco Infratech Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Videocon Industries ltd - India
- Cigading International Bulk Terminal - Indonesia
- Australian Commodity Traders Exchange
- Bukit Baiduri Energy - Indonesia
- GMR Energy Limited - India
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- Makarim & Taira - Indonesia
- Semirara Mining Corp, Philippines
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- Therma Luzon, Inc, Philippines
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- Bukit Makmur.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- AsiaOL BioFuels Corp., Philippines
- Minerals Council of Australia
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- Merrill Lynch Commodities Europe
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- Kohat Cement Company Ltd. - Pakistan
- Kepco SPC Power Corporation, Philippines
- Renaissance Capital - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Banpu Public Company Limited - Thailand
- Bayan Resources Tbk. - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- GVK Power & Infra Limited - India
- Georgia Ports Authority, United States
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- Independent Power Producers Association of India
- Indo Tambangraya Megah - Indonesia
- Posco Energy - South Korea
- The Treasury - Australian Government
- Orica Australia Pty. Ltd.
- Singapore Mercantile Exchange
- Ceylon Electricity Board - Sri Lanka
- Leighton Contractors Pty Ltd - Australia
- Deloitte Consulting - India
- SMG Consultants - Indonesia
- Borneo Indobara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Intertek Mineral Services - Indonesia
- Siam City Cement PLC, Thailand
- European Bulk Services B.V. - Netherlands
- Straits Asia Resources Limited - Singapore
- Bhoruka Overseas - Indonesia
- Price Waterhouse Coopers - Russia
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- Mintek Dendrill Indonesia
- London Commodity Brokers - England
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- Orica Mining Services - Indonesia
- Medco Energi Mining Internasional
- Pipit Mutiara Jaya. PT, Indonesia
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- Ministry of Mines - Canada
- Meralco Power Generation, Philippines
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- McConnell Dowell - Australia
- Xindia Steels Limited - India
- Mjunction Services Limited - India
- Wood Mackenzie - Singapore
- Savvy Resources Ltd - HongKong
- Ministry of Finance - Indonesia
- IEA Clean Coal Centre - UK
- Rashtriya Ispat Nigam Limited - India
- The State Trading Corporation of India Ltd
- ICICI Bank Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Binh Thuan Hamico - Vietnam
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- Larsen & Toubro Limited - India
- Heidelberg Cement - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Commonwealth Bank - Australia
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- Bhushan Steel Limited - India
- International Coal Ventures Pvt Ltd - India
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- Energy Link Ltd, New Zealand
- IHS Mccloskey Coal Group - USA
- Billiton Holdings Pty Ltd - Australia
- White Energy Company Limited
- Standard Chartered Bank - UAE
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- MS Steel International - UAE
- Ind-Barath Power Infra Limited - India
- India Bulls Power Limited - India
- Planning Commission, India
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