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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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- Sarangani Energy Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- The State Trading Corporation of India Ltd
- New Zealand Coal & Carbon
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- Lanco Infratech Ltd - India
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- ICICI Bank Limited - India
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- IEA Clean Coal Centre - UK
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- Minerals Council of Australia
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- MS Steel International - UAE
- Tamil Nadu electricity Board
- Global Green Power PLC Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Videocon Industries ltd - India
- AsiaOL BioFuels Corp., Philippines
- Kapuas Tunggal Persada - Indonesia
- Australian Coal Association
- GVK Power & Infra Limited - India
- Samtan Co., Ltd - South Korea
- Anglo American - United Kingdom
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- Metalloyd Limited - United Kingdom
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- Binh Thuan Hamico - Vietnam
- Baramulti Group, Indonesia
- Ministry of Mines - Canada
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Carbofer General Trading SA - India
- Riau Bara Harum - Indonesia
- PowerSource Philippines DevCo
- Wilmar Investment Holdings
- Barasentosa Lestari - Indonesia
- Bharathi Cement Corporation - India
- Merrill Lynch Commodities Europe
- Power Finance Corporation Ltd., India
- Aboitiz Power Corporation - Philippines
- Posco Energy - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Finance - Indonesia
- Eastern Coal Council - USA
- Energy Link Ltd, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Trasteel International SA, Italy
- Bhushan Steel Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indika Energy - Indonesia
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- South Luzon Thermal Energy Corporation
- Banpu Public Company Limited - Thailand
- Jaiprakash Power Ventures ltd
- Dalmia Cement Bharat India
- Miang Besar Coal Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Generating Authority of Thailand
- Holcim Trading Pte Ltd - Singapore
- Mercuria Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- PTC India Limited - India
- Makarim & Taira - Indonesia
- Coal and Oil Company - UAE
- Bayan Resources Tbk. - Indonesia
- Straits Asia Resources Limited - Singapore
- TeaM Sual Corporation - Philippines
- Semirara Mining Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Thai Mozambique Logistica
- Africa Commodities Group - South Africa
- Maharashtra Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Price Waterhouse Coopers - Russia
- Sindya Power Generating Company Private Ltd
- Globalindo Alam Lestari - Indonesia
- Siam City Cement - Thailand
- Sakthi Sugars Limited - India
- Xindia Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Renaissance Capital - South Africa
- Standard Chartered Bank - UAE
- Deloitte Consulting - India
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- Bukit Baiduri Energy - Indonesia
- GMR Energy Limited - India
- Heidelberg Cement - Germany
- European Bulk Services B.V. - Netherlands
- San Jose City I Power Corp, Philippines
- Wood Mackenzie - Singapore
- Formosa Plastics Group - Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Oldendorff Carriers - Singapore
- Sree Jayajothi Cements Limited - India
- Altura Mining Limited, Indonesia
- Indonesian Coal Mining Association
- Australian Commodity Traders Exchange
- Interocean Group of Companies - India
- Kobexindo Tractors - Indoneisa
- Attock Cement Pakistan Limited
- Central Electricity Authority - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thiess Contractors Indonesia
- Ind-Barath Power Infra Limited - India
- Meralco Power Generation, Philippines
- Jindal Steel & Power Ltd - India
- Economic Council, Georgia
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- Indian Oil Corporation Limited
- Bangladesh Power Developement Board
- Bhatia International Limited - India
- SMG Consultants - Indonesia
- SMC Global Power, Philippines
- London Commodity Brokers - England
- Eastern Energy - Thailand
- The University of Queensland
- Electricity Authority, New Zealand
- Star Paper Mills Limited - India
- Chamber of Mines of South Africa
- Vizag Seaport Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- IHS Mccloskey Coal Group - USA
- Uttam Galva Steels Limited - India
- Bulk Trading Sa - Switzerland
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- Medco Energi Mining Internasional
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Alfred C Toepfer International GmbH - Germany
- Indian Energy Exchange, India
- Parliament of New Zealand
- Intertek Mineral Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Transport, Egypt
- Kideco Jaya Agung - Indonesia
- Malabar Cements Ltd - India
- Independent Power Producers Association of India
- Madhucon Powers Ltd - India
- CIMB Investment Bank - Malaysia
- Commonwealth Bank - Australia
- Siam City Cement PLC, Thailand
- VISA Power Limited - India
- Agrawal Coal Company - India
- Leighton Contractors Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Goldman Sachs - Singapore
- Planning Commission, India
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- Karbindo Abesyapradhi - Indoneisa
- LBH Netherlands Bv - Netherlands
- Global Coal Blending Company Limited - Australia
- Sojitz Corporation - Japan
- McConnell Dowell - Australia
- Directorate Of Revenue Intelligence - India
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