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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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- Global Green Power PLC Corporation, Philippines
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- IHS Mccloskey Coal Group - USA
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- Salva Resources Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Kartika Selabumi Mining - Indonesia
- Indonesian Coal Mining Association
- Rashtriya Ispat Nigam Limited - India
- Deloitte Consulting - India
- Intertek Mineral Services - Indonesia
- Siam City Cement - Thailand
- Merrill Lynch Commodities Europe
- Eastern Energy - Thailand
- ASAPP Information Group - India
- Standard Chartered Bank - UAE
- GMR Energy Limited - India
- Kepco SPC Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- SN Aboitiz Power Inc, Philippines
- Altura Mining Limited, Indonesia
- The University of Queensland
- Barasentosa Lestari - Indonesia
- Central Java Power - Indonesia
- Miang Besar Coal Terminal - Indonesia
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- London Commodity Brokers - England
- India Bulls Power Limited - India
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- MS Steel International - UAE
- International Coal Ventures Pvt Ltd - India
- Posco Energy - South Korea
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- Thai Mozambique Logistica
- Ministry of Mines - Canada
- SMG Consultants - Indonesia
- Kideco Jaya Agung - Indonesia
- Meenaskhi Energy Private Limited - India
- GVK Power & Infra Limited - India
- Medco Energi Mining Internasional
- Toyota Tsusho Corporation, Japan
- Jorong Barutama Greston.PT - Indonesia
- Latin American Coal - Colombia
- Tamil Nadu electricity Board
- Chamber of Mines of South Africa
- Tata Chemicals Ltd - India
- Xindia Steels Limited - India
- Mintek Dendrill Indonesia
- Interocean Group of Companies - India
- Ind-Barath Power Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Minerals Council of Australia
- Pipit Mutiara Jaya. PT, Indonesia
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- Essar Steel Hazira Ltd - India
- Oldendorff Carriers - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Romanian Commodities Exchange
- Semirara Mining Corp, Philippines
- Carbofer General Trading SA - India
- CIMB Investment Bank - Malaysia
- Sojitz Corporation - Japan
- Borneo Indobara - Indonesia
- Singapore Mercantile Exchange
- Bukit Makmur.PT - Indonesia
- Wilmar Investment Holdings
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- Maheswari Brothers Coal Limited - India
- PowerSource Philippines DevCo
- The State Trading Corporation of India Ltd
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- Mjunction Services Limited - India
- Kohat Cement Company Ltd. - Pakistan
- European Bulk Services B.V. - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ambuja Cements Ltd - India
- Renaissance Capital - South Africa
- Global Coal Blending Company Limited - Australia
- Bangladesh Power Developement Board
- Star Paper Mills Limited - India
- Port Waratah Coal Services - Australia
- Meralco Power Generation, Philippines
- Indian Energy Exchange, India
- Siam City Cement PLC, Thailand
- Cement Manufacturers Association - India
- Jaiprakash Power Ventures ltd
- Globalindo Alam Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Petron Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Leighton Contractors Pty Ltd - Australia
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Binh Thuan Hamico - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kalimantan Lumbung Energi - Indonesia
- Manunggal Multi Energi - Indonesia
- Anglo American - United Kingdom
- Jindal Steel & Power Ltd - India
- Indian Oil Corporation Limited
- White Energy Company Limited
- Karaikal Port Pvt Ltd - India
- Edison Trading Spa - Italy
- Banpu Public Company Limited - Thailand
- Independent Power Producers Association of India
- Maharashtra Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Australian Commodity Traders Exchange
- Billiton Holdings Pty Ltd - Australia
- Marubeni Corporation - India
- Bukit Baiduri Energy - Indonesia
- New Zealand Coal & Carbon
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- Bharathi Cement Corporation - India
- VISA Power Limited - India
- IEA Clean Coal Centre - UK
- Videocon Industries ltd - India
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- San Jose City I Power Corp, Philippines
- McConnell Dowell - Australia
- CNBM International Corporation - China
- Ministry of Finance - Indonesia
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- Parry Sugars Refinery, India
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- Pendopo Energi Batubara - Indonesia
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- Karbindo Abesyapradhi - Indoneisa
- Directorate Of Revenue Intelligence - India
- PNOC Exploration Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Mercuria Energy - Indonesia
- Indogreen Group - Indonesia
- Africa Commodities Group - South Africa
- Energy Link Ltd, New Zealand
- Electricity Authority, New Zealand
- Straits Asia Resources Limited - Singapore
- Commonwealth Bank - Australia
- Alfred C Toepfer International GmbH - Germany
- Coal and Oil Company - UAE
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- South Luzon Thermal Energy Corporation
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- Electricity Generating Authority of Thailand
- Economic Council, Georgia
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- Price Waterhouse Coopers - Russia
- Simpson Spence & Young - Indonesia
- Power Finance Corporation Ltd., India
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- Ceylon Electricity Board - Sri Lanka
- Trasteel International SA, Italy
- Mercator Lines Limited - India
- The Treasury - Australian Government
- Georgia Ports Authority, United States
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- Bayan Resources Tbk. - Indonesia
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- Australian Coal Association
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- Ministry of Transport, Egypt
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- Sical Logistics Limited - India
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