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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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- Mercator Lines Limited - India
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- Edison Trading Spa - Italy
- AsiaOL BioFuels Corp., Philippines
- Bhatia International Limited - India
- Pendopo Energi Batubara - Indonesia
- Toyota Tsusho Corporation, Japan
- Madhucon Powers Ltd - India
- Latin American Coal - Colombia
- White Energy Company Limited
- Makarim & Taira - Indonesia
- Ind-Barath Power Infra Limited - India
- Australian Coal Association
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- Vizag Seaport Private Limited - India
- Indian Oil Corporation Limited
- Indonesian Coal Mining Association
- Minerals Council of Australia
- Anglo American - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- India Bulls Power Limited - India
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- Kartika Selabumi Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Port Waratah Coal Services - Australia
- Karbindo Abesyapradhi - Indoneisa
- Global Business Power Corporation, Philippines
- Wood Mackenzie - Singapore
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- Carbofer General Trading SA - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CNBM International Corporation - China
- Maharashtra Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
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- Antam Resourcindo - Indonesia
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- Sical Logistics Limited - India
- Altura Mining Limited, Indonesia
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- GVK Power & Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Eastern Coal Council - USA
- Bulk Trading Sa - Switzerland
- Mjunction Services Limited - India
- Vedanta Resources Plc - India
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- Alfred C Toepfer International GmbH - Germany
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- Wilmar Investment Holdings
- GAC Shipping (India) Pvt Ltd
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- Sakthi Sugars Limited - India
- Planning Commission, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PNOC Exploration Corporation - Philippines
- IEA Clean Coal Centre - UK
- ICICI Bank Limited - India
- Gujarat Mineral Development Corp Ltd - India
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- Metalloyd Limited - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Iligan Light & Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- Larsen & Toubro Limited - India
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- Gujarat Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Attock Cement Pakistan Limited
- Price Waterhouse Coopers - Russia
- Sojitz Corporation - Japan
- SMG Consultants - Indonesia
- Grasim Industreis Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asmin Koalindo Tuhup - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Tamil Nadu electricity Board
- Leighton Contractors Pty Ltd - Australia
- GMR Energy Limited - India
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- Binh Thuan Hamico - Vietnam
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- European Bulk Services B.V. - Netherlands
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- Coastal Gujarat Power Limited - India
- LBH Netherlands Bv - Netherlands
- CIMB Investment Bank - Malaysia
- Bhoruka Overseas - Indonesia
- Parliament of New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Aditya Birla Group - India
- TNB Fuel Sdn Bhd - Malaysia
- South Luzon Thermal Energy Corporation
- Chamber of Mines of South Africa
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- Directorate General of MIneral and Coal - Indonesia
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- Maheswari Brothers Coal Limited - India
- Videocon Industries ltd - India
- Globalindo Alam Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining and Power Corporation, Philippines
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- Indian Energy Exchange, India
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- Cement Manufacturers Association - India
- Baramulti Group, Indonesia
- Semirara Mining Corp, Philippines
- The University of Queensland
- McConnell Dowell - Australia
- IHS Mccloskey Coal Group - USA
- Eastern Energy - Thailand
- Australian Commodity Traders Exchange
- ASAPP Information Group - India
- Merrill Lynch Commodities Europe
- Electricity Authority, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- The State Trading Corporation of India Ltd
- Ceylon Electricity Board - Sri Lanka
- San Jose City I Power Corp, Philippines
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- Power Finance Corporation Ltd., India
- Thai Mozambique Logistica
- VISA Power Limited - India
- Bayan Resources Tbk. - Indonesia
- The Treasury - Australian Government
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- London Commodity Brokers - England
- Ministry of Finance - Indonesia
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- Africa Commodities Group - South Africa
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- Sarangani Energy Corporation, Philippines
- Marubeni Corporation - India
- Ministry of Mines - Canada
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- Orica Australia Pty. Ltd.
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- Mercuria Energy - Indonesia
- Standard Chartered Bank - UAE
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