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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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- Therma Luzon, Inc, Philippines
- Anglo American - United Kingdom
- Bukit Makmur.PT - Indonesia
- Malabar Cements Ltd - India
- Semirara Mining Corp, Philippines
- Toyota Tsusho Corporation, Japan
- San Jose City I Power Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- India Bulls Power Limited - India
- Siam City Cement - Thailand
- Kartika Selabumi Mining - Indonesia
- Coal and Oil Company - UAE
- Indonesian Coal Mining Association
- Kobexindo Tractors - Indoneisa
- Mjunction Services Limited - India
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- London Commodity Brokers - England
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- GMR Energy Limited - India
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- Thiess Contractors Indonesia
- Mintek Dendrill Indonesia
- IHS Mccloskey Coal Group - USA
- Kohat Cement Company Ltd. - Pakistan
- Bhoruka Overseas - Indonesia
- Chamber of Mines of South Africa
- Energy Link Ltd, New Zealand
- Petron Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Agrawal Coal Company - India
- Billiton Holdings Pty Ltd - Australia
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- Metalloyd Limited - United Kingdom
- Salva Resources Pvt Ltd - India
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- SMC Global Power, Philippines
- MS Steel International - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Finance - Indonesia
- IEA Clean Coal Centre - UK
- Renaissance Capital - South Africa
- Globalindo Alam Lestari - Indonesia
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- International Coal Ventures Pvt Ltd - India
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- PTC India Limited - India
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- Bangladesh Power Developement Board
- Rashtriya Ispat Nigam Limited - India
- Global Business Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Eastern Coal Council - USA
- Ministry of Transport, Egypt
- Deloitte Consulting - India
- Maharashtra Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Marubeni Corporation - India
- Intertek Mineral Services - Indonesia
- Vizag Seaport Private Limited - India
- Planning Commission, India
- Indian Energy Exchange, India
- Madhucon Powers Ltd - India
- Indika Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Eastern Energy - Thailand
- Altura Mining Limited, Indonesia
- Standard Chartered Bank - UAE
- Interocean Group of Companies - India
- Parliament of New Zealand
- Straits Asia Resources Limited - Singapore
- Mercuria Energy - Indonesia
- SMG Consultants - Indonesia
- The State Trading Corporation of India Ltd
- Romanian Commodities Exchange
- Singapore Mercantile Exchange
- Barasentosa Lestari - Indonesia
- Heidelberg Cement - Germany
- Coalindo Energy - Indonesia
- Bhushan Steel Limited - India
- McConnell Dowell - Australia
- European Bulk Services B.V. - Netherlands
- South Luzon Thermal Energy Corporation
- Minerals Council of Australia
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Savvy Resources Ltd - HongKong
- Xindia Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Ministry of Mines - Canada
- Essar Steel Hazira Ltd - India
- Goldman Sachs - Singapore
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- PowerSource Philippines DevCo
- Oldendorff Carriers - Singapore
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- Wood Mackenzie - Singapore
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- Pipit Mutiara Jaya. PT, Indonesia
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- Kaltim Prima Coal - Indonesia
- Electricity Authority, New Zealand
- Kumho Petrochemical, South Korea
- GVK Power & Infra Limited - India
- Sarangani Energy Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
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- Makarim & Taira - Indonesia
- Vedanta Resources Plc - India
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- Carbofer General Trading SA - India
- ASAPP Information Group - India
- AsiaOL BioFuels Corp., Philippines
- Baramulti Group, Indonesia
- Aditya Birla Group - India
- Global Coal Blending Company Limited - Australia
- White Energy Company Limited
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- Manunggal Multi Energi - Indonesia
- CNBM International Corporation - China
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- Australian Coal Association
- Commonwealth Bank - Australia
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- VISA Power Limited - India
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- Gujarat Electricity Regulatory Commission - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Sojitz Corporation - Japan
- TNB Fuel Sdn Bhd - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Georgia Ports Authority, United States
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