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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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- Coal and Oil Company - UAE
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- Wood Mackenzie - Singapore
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Edison Trading Spa - Italy
- AsiaOL BioFuels Corp., Philippines
- SN Aboitiz Power Inc, Philippines
- VISA Power Limited - India
- Uttam Galva Steels Limited - India
- Electricity Generating Authority of Thailand
- Malabar Cements Ltd - India
- Parliament of New Zealand
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- Price Waterhouse Coopers - Russia
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- Rashtriya Ispat Nigam Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Global Coal Blending Company Limited - Australia
- OPG Power Generation Pvt Ltd - India
- Makarim & Taira - Indonesia
- Planning Commission, India
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- Energy Development Corp, Philippines
- Energy Link Ltd, New Zealand
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- Vedanta Resources Plc - India
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- Maheswari Brothers Coal Limited - India
- IHS Mccloskey Coal Group - USA
- Pendopo Energi Batubara - Indonesia
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- Coastal Gujarat Power Limited - India
- Ministry of Mines - Canada
- IEA Clean Coal Centre - UK
- GN Power Mariveles Coal Plant, Philippines
- Orica Mining Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Timah Investasi Mineral - Indoneisa
- Mercuria Energy - Indonesia
- Renaissance Capital - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ind-Barath Power Infra Limited - India
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- Anglo American - United Kingdom
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- Sarangani Energy Corporation, Philippines
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- Ambuja Cements Ltd - India
- ICICI Bank Limited - India
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- Commonwealth Bank - Australia
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- TeaM Sual Corporation - Philippines
- Carbofer General Trading SA - India
- Barasentosa Lestari - Indonesia
- Xindia Steels Limited - India
- Jindal Steel & Power Ltd - India
- Coalindo Energy - Indonesia
- Merrill Lynch Commodities Europe
- The State Trading Corporation of India Ltd
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- Power Finance Corporation Ltd., India
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- Indian Oil Corporation Limited
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- Australian Coal Association
- Interocean Group of Companies - India
- Metalloyd Limited - United Kingdom
- Central Electricity Authority - India
- White Energy Company Limited
- Billiton Holdings Pty Ltd - Australia
- Electricity Authority, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- New Zealand Coal & Carbon
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement PLC, Thailand
- Altura Mining Limited, Indonesia
- Thai Mozambique Logistica
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- Baramulti Group, Indonesia
- Videocon Industries ltd - India
- Alfred C Toepfer International GmbH - Germany
- Port Waratah Coal Services - Australia
- Cigading International Bulk Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Bahari Cakrawala Sebuku - Indonesia
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- Offshore Bulk Terminal Pte Ltd, Singapore
- San Jose City I Power Corp, Philippines
- GAC Shipping (India) Pvt Ltd
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- Petron Corporation, Philippines
- Wilmar Investment Holdings
- TNB Fuel Sdn Bhd - Malaysia
- Heidelberg Cement - Germany
- Bhushan Steel Limited - India
- Banpu Public Company Limited - Thailand
- The University of Queensland
- Attock Cement Pakistan Limited
- Sakthi Sugars Limited - India
- Tata Chemicals Ltd - India
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- Therma Luzon, Inc, Philippines
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- Bulk Trading Sa - Switzerland
- MS Steel International - UAE
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- Australian Commodity Traders Exchange
- Globalindo Alam Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- ASAPP Information Group - India
- Kapuas Tunggal Persada - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Global Green Power PLC Corporation, Philippines
- Economic Council, Georgia
- Standard Chartered Bank - UAE
- Holcim Trading Pte Ltd - Singapore
- Minerals Council of Australia
- Salva Resources Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- CNBM International Corporation - China
- Cement Manufacturers Association - India
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- Agrawal Coal Company - India
- Posco Energy - South Korea
- Aboitiz Power Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Africa Commodities Group - South Africa
- Maharashtra Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- Asmin Koalindo Tuhup - Indonesia
- Bukit Makmur.PT - Indonesia
- Eastern Coal Council - USA
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- Singapore Mercantile Exchange
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- Sojitz Corporation - Japan
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- Chamber of Mines of South Africa
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- Sinarmas Energy and Mining - Indonesia
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- Indonesian Coal Mining Association
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- Eastern Energy - Thailand
- Thiess Contractors Indonesia
- European Bulk Services B.V. - Netherlands
- Georgia Ports Authority, United States
- Binh Thuan Hamico - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Petrochimia International Co. Ltd.- Taiwan
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- Orica Australia Pty. Ltd.
- Independent Power Producers Association of India
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- The Treasury - Australian Government
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