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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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- The State Trading Corporation of India Ltd
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- Jorong Barutama Greston.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PetroVietnam Power Coal Import and Supply Company
- Indo Tambangraya Megah - Indonesia
- Tamil Nadu electricity Board
- Energy Link Ltd, New Zealand
- Semirara Mining Corp, Philippines
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- Orica Mining Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
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- Gujarat Mineral Development Corp Ltd - India
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- Alfred C Toepfer International GmbH - Germany
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- IHS Mccloskey Coal Group - USA
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- Indian Energy Exchange, India
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- The Treasury - Australian Government
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- Petron Corporation, Philippines
- Carbofer General Trading SA - India
- Ministry of Mines - Canada
- Eastern Energy - Thailand
- Power Finance Corporation Ltd., India
- Vedanta Resources Plc - India
- Central Java Power - Indonesia
- Ind-Barath Power Infra Limited - India
- Heidelberg Cement - Germany
- Electricity Generating Authority of Thailand
- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Bhatia International Limited - India
- Bharathi Cement Corporation - India
- Kideco Jaya Agung - Indonesia
- GMR Energy Limited - India
- Toyota Tsusho Corporation, Japan
- Interocean Group of Companies - India
- Economic Council, Georgia
- Minerals Council of Australia
- Chamber of Mines of South Africa
- Krishnapatnam Port Company Ltd. - India
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- Australian Coal Association
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- Ministry of Transport, Egypt
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- Baramulti Group, Indonesia
- Anglo American - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Merrill Lynch Commodities Europe
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- Kalimantan Lumbung Energi - Indonesia
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- Thai Mozambique Logistica
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- New Zealand Coal & Carbon
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- Siam City Cement PLC, Thailand
- Mercator Lines Limited - India
- Sinarmas Energy and Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- Posco Energy - South Korea
- Manunggal Multi Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- Marubeni Corporation - India
- CNBM International Corporation - China
- European Bulk Services B.V. - Netherlands
- Coastal Gujarat Power Limited - India
- Independent Power Producers Association of India
- Commonwealth Bank - Australia
- Bhoruka Overseas - Indonesia
- Savvy Resources Ltd - HongKong
- Ministry of Finance - Indonesia
- GAC Shipping (India) Pvt Ltd
- Kobexindo Tractors - Indoneisa
- Sojitz Corporation - Japan
- Bhushan Steel Limited - India
- OPG Power Generation Pvt Ltd - India
- Indonesian Coal Mining Association
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- White Energy Company Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Jindal Steel & Power Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- India Bulls Power Limited - India
- Bangladesh Power Developement Board
- Simpson Spence & Young - Indonesia
- Intertek Mineral Services - Indonesia
- Georgia Ports Authority, United States
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- Parliament of New Zealand
- Romanian Commodities Exchange
- Thiess Contractors Indonesia
- Indogreen Group - Indonesia
- SMC Global Power, Philippines
- AsiaOL BioFuels Corp., Philippines
- Rio Tinto Coal - Australia
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- IEA Clean Coal Centre - UK
- Semirara Mining and Power Corporation, Philippines
- Electricity Authority, New Zealand
- ASAPP Information Group - India
- Holcim Trading Pte Ltd - Singapore
- Agrawal Coal Company - India
- Renaissance Capital - South Africa
- CIMB Investment Bank - Malaysia
- PNOC Exploration Corporation - Philippines
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- Meralco Power Generation, Philippines
- Coalindo Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Makarim & Taira - Indonesia
- Planning Commission, India
- Miang Besar Coal Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- VISA Power Limited - India
- Kumho Petrochemical, South Korea
- Coal and Oil Company - UAE
- Karbindo Abesyapradhi - Indoneisa
- Mintek Dendrill Indonesia
- Timah Investasi Mineral - Indoneisa
- Directorate Of Revenue Intelligence - India
- Malabar Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- The University of Queensland
- Aditya Birla Group - India
- Indian Oil Corporation Limited
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- LBH Netherlands Bv - Netherlands
- Leighton Contractors Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
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- Edison Trading Spa - Italy
- Borneo Indobara - Indonesia
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- Wood Mackenzie - Singapore
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- Directorate General of MIneral and Coal - Indonesia
- Australian Commodity Traders Exchange
- Eastern Coal Council - USA
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- Energy Development Corp, Philippines
- Singapore Mercantile Exchange
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