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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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- Sree Jayajothi Cements Limited - India
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- MS Steel International - UAE
- PTC India Limited - India
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- Petron Corporation, Philippines
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- Aditya Birla Group - India
- Kapuas Tunggal Persada - Indonesia
- Jindal Steel & Power Ltd - India
- The University of Queensland
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- Bhoruka Overseas - Indonesia
- Ministry of Mines - Canada
- Coal and Oil Company - UAE
- Globalindo Alam Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Straits Asia Resources Limited - Singapore
- Central Java Power - Indonesia
- Toyota Tsusho Corporation, Japan
- Sical Logistics Limited - India
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- Trasteel International SA, Italy
- AsiaOL BioFuels Corp., Philippines
- Merrill Lynch Commodities Europe
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- London Commodity Brokers - England
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- Anglo American - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
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- Petrochimia International Co. Ltd.- Taiwan
- White Energy Company Limited
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- Siam City Cement - Thailand
- Aboitiz Power Corporation - Philippines
- Planning Commission, India
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- Karaikal Port Pvt Ltd - India
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- Indian Oil Corporation Limited
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- Barasentosa Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coastal Gujarat Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Kaltim Prima Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Chamber of Mines of South Africa
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- Bulk Trading Sa - Switzerland
- Directorate Of Revenue Intelligence - India
- Siam City Cement PLC, Thailand
- Tata Chemicals Ltd - India
- Oldendorff Carriers - Singapore
- Georgia Ports Authority, United States
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- Rashtriya Ispat Nigam Limited - India
- IEA Clean Coal Centre - UK
- Iligan Light & Power Inc, Philippines
- Deloitte Consulting - India
- Intertek Mineral Services - Indonesia
- Kumho Petrochemical, South Korea
- PetroVietnam Power Coal Import and Supply Company
- Orica Australia Pty. Ltd.
- Thai Mozambique Logistica
- Power Finance Corporation Ltd., India
- Meenaskhi Energy Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Bhatia International Limited - India
- Global Coal Blending Company Limited - Australia
- Mjunction Services Limited - India
- Maheswari Brothers Coal Limited - India
- Billiton Holdings Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Uttam Galva Steels Limited - India
- Parliament of New Zealand
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- Price Waterhouse Coopers - Russia
- GN Power Mariveles Coal Plant, Philippines
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- Wilmar Investment Holdings
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- Eastern Energy - Thailand
- Mercuria Energy - Indonesia
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- Energy Link Ltd, New Zealand
- ICICI Bank Limited - India
- Larsen & Toubro Limited - India
- Thiess Contractors Indonesia
- Africa Commodities Group - South Africa
- SMG Consultants - Indonesia
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- Metalloyd Limited - United Kingdom
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- European Bulk Services B.V. - Netherlands
- Videocon Industries ltd - India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indika Energy - Indonesia
- Dalmia Cement Bharat India
- Bahari Cakrawala Sebuku - Indonesia
- Banpu Public Company Limited - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Baramulti Group, Indonesia
- Ceylon Electricity Board - Sri Lanka
- GAC Shipping (India) Pvt Ltd
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- Vizag Seaport Private Limited - India
- Semirara Mining Corp, Philippines
- IHS Mccloskey Coal Group - USA
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- Directorate General of MIneral and Coal - Indonesia
- Wood Mackenzie - Singapore
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Savvy Resources Ltd - HongKong
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- Sakthi Sugars Limited - India
- Global Business Power Corporation, Philippines
- The Treasury - Australian Government
- Bayan Resources Tbk. - Indonesia
- New Zealand Coal & Carbon
- GVK Power & Infra Limited - India
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- Minerals Council of Australia
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- PNOC Exploration Corporation - Philippines
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- Sindya Power Generating Company Private Ltd
- Sinarmas Energy and Mining - Indonesia
- Bangladesh Power Developement Board
- GMR Energy Limited - India
- Energy Development Corp, Philippines
- Formosa Plastics Group - Taiwan
- McConnell Dowell - Australia
- Mintek Dendrill Indonesia
- Samtan Co., Ltd - South Korea
- Sojitz Corporation - Japan
- The State Trading Corporation of India Ltd
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- LBH Netherlands Bv - Netherlands
- Indian Energy Exchange, India
- Maharashtra Electricity Regulatory Commission - India
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