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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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- Alfred C Toepfer International GmbH - Germany
- Indian Oil Corporation Limited
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- Bulk Trading Sa - Switzerland
- Essar Steel Hazira Ltd - India
- Renaissance Capital - South Africa
- Tamil Nadu electricity Board
- Central Java Power - Indonesia
- Australian Coal Association
- Pendopo Energi Batubara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Meralco Power Generation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Standard Chartered Bank - UAE
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- Therma Luzon, Inc, Philippines
- Independent Power Producers Association of India
- Merrill Lynch Commodities Europe
- Orica Australia Pty. Ltd.
- Ministry of Finance - Indonesia
- Singapore Mercantile Exchange
- Xindia Steels Limited - India
- Ministry of Transport, Egypt
- Minerals Council of Australia
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- Global Green Power PLC Corporation, Philippines
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- Georgia Ports Authority, United States
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- Indika Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- European Bulk Services B.V. - Netherlands
- Goldman Sachs - Singapore
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- Deloitte Consulting - India
- Australian Commodity Traders Exchange
- Star Paper Mills Limited - India
- Antam Resourcindo - Indonesia
- Wilmar Investment Holdings
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- Africa Commodities Group - South Africa
- SMG Consultants - Indonesia
- Sarangani Energy Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Medco Energi Mining Internasional
- Sree Jayajothi Cements Limited - India
- Energy Link Ltd, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- GAC Shipping (India) Pvt Ltd
- LBH Netherlands Bv - Netherlands
- CIMB Investment Bank - Malaysia
- Dalmia Cement Bharat India
- Parliament of New Zealand
- Indogreen Group - Indonesia
- Salva Resources Pvt Ltd - India
- The Treasury - Australian Government
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- Baramulti Group, Indonesia
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- Latin American Coal - Colombia
- Carbofer General Trading SA - India
- Economic Council, Georgia
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- Price Waterhouse Coopers - Russia
- GN Power Mariveles Coal Plant, Philippines
- Grasim Industreis Ltd - India
- IHS Mccloskey Coal Group - USA
- South Luzon Thermal Energy Corporation
- Interocean Group of Companies - India
- SMC Global Power, Philippines
- Edison Trading Spa - Italy
- Borneo Indobara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- India Bulls Power Limited - India
- Coastal Gujarat Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Marubeni Corporation - India
- Formosa Plastics Group - Taiwan
- Thiess Contractors Indonesia
- Cement Manufacturers Association - India
- Electricity Generating Authority of Thailand
- PNOC Exploration Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- Leighton Contractors Pty Ltd - Australia
- Aditya Birla Group - India
- Central Electricity Authority - India
- Bukit Asam (Persero) Tbk - Indonesia
- GVK Power & Infra Limited - India
- PTC India Limited - India
- ASAPP Information Group - India
- Semirara Mining Corp, Philippines
- IEA Clean Coal Centre - UK
- McConnell Dowell - Australia
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- Trasteel International SA, Italy
- SN Aboitiz Power Inc, Philippines
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- Madhucon Powers Ltd - India
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- Rashtriya Ispat Nigam Limited - India
- Global Business Power Corporation, Philippines
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- Bangladesh Power Developement Board
- Anglo American - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Meenaskhi Energy Private Limited - India
- Sical Logistics Limited - India
- Orica Mining Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Petrochimia International Co. Ltd.- Taiwan
- Larsen & Toubro Limited - India
- MS Steel International - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- London Commodity Brokers - England
- Karaikal Port Pvt Ltd - India
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- Karbindo Abesyapradhi - Indoneisa
- Attock Cement Pakistan Limited
- Indian Energy Exchange, India
- Heidelberg Cement - Germany
- Billiton Holdings Pty Ltd - Australia
- Agrawal Coal Company - India
- Planning Commission, India
- Wood Mackenzie - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Indonesian Coal Mining Association
- Electricity Authority, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Binh Thuan Hamico - Vietnam
- Maharashtra Electricity Regulatory Commission - India
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- Aboitiz Power Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Eastern Coal Council - USA
- Altura Mining Limited, Indonesia
- Port Waratah Coal Services - Australia
- Sojitz Corporation - Japan
- Bayan Resources Tbk. - Indonesia
- Coal and Oil Company - UAE
- Siam City Cement - Thailand
- Sakthi Sugars Limited - India
- Malabar Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Mjunction Services Limited - India
- Commonwealth Bank - Australia
- Kumho Petrochemical, South Korea
- Maheswari Brothers Coal Limited - India
- Riau Bara Harum - Indonesia
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- Ambuja Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Samtan Co., Ltd - South Korea
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- New Zealand Coal & Carbon
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- Energy Development Corp, Philippines
- Barasentosa Lestari - Indonesia
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- Sindya Power Generating Company Private Ltd
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rio Tinto Coal - Australia
- Ministry of Mines - Canada
- Jorong Barutama Greston.PT - Indonesia
- Chamber of Mines of South Africa
- TeaM Sual Corporation - Philippines
- VISA Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Tata Chemicals Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Bukit Makmur.PT - Indonesia
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- Ceylon Electricity Board - Sri Lanka
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