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Friday, 14 August 09
INDONESIA COAL-PRICES FALL TO $74, INDIA EYES SEPT CARGOES
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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- Merrill Lynch Commodities Europe
- Carbofer General Trading SA - India
- McConnell Dowell - Australia
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- Alfred C Toepfer International GmbH - Germany
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- Uttam Galva Steels Limited - India
- Toyota Tsusho Corporation, Japan
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- Sree Jayajothi Cements Limited - India
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- AsiaOL BioFuels Corp., Philippines
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- Energy Development Corp, Philippines
- The University of Queensland
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- Bhushan Steel Limited - India
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- Semirara Mining Corp, Philippines
- Pendopo Energi Batubara - Indonesia
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- Ministry of Mines - Canada
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- CNBM International Corporation - China
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- Commonwealth Bank - Australia
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- SN Aboitiz Power Inc, Philippines
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- Indian Energy Exchange, India
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- Bangladesh Power Developement Board
- GAC Shipping (India) Pvt Ltd
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- Timah Investasi Mineral - Indoneisa
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- Mercuria Energy - Indonesia
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- Vijayanagar Sugar Pvt Ltd - India
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- Lanco Infratech Ltd - India
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- Electricity Generating Authority of Thailand
- Parliament of New Zealand
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- Wood Mackenzie - Singapore
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- GMR Energy Limited - India
- Samtan Co., Ltd - South Korea
- Intertek Mineral Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kideco Jaya Agung - Indonesia
- Bayan Resources Tbk. - Indonesia
- Port Waratah Coal Services - Australia
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- Energy Link Ltd, New Zealand
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- Antam Resourcindo - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Billiton Holdings Pty Ltd - Australia
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- Africa Commodities Group - South Africa
- Orica Australia Pty. Ltd.
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- Altura Mining Limited, Indonesia
- Minerals Council of Australia
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- Power Finance Corporation Ltd., India
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- Meralco Power Generation, Philippines
- Thai Mozambique Logistica
- Petron Corporation, Philippines
- Georgia Ports Authority, United States
- Malabar Cements Ltd - India
- Ministry of Transport, Egypt
- Bhatia International Limited - India
- Vizag Seaport Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Wilmar Investment Holdings
- Thiess Contractors Indonesia
- Agrawal Coal Company - India
- The Treasury - Australian Government
- Edison Trading Spa - Italy
- Bharathi Cement Corporation - India
- Salva Resources Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Karbindo Abesyapradhi - Indoneisa
- Goldman Sachs - Singapore
- Global Coal Blending Company Limited - Australia
- Formosa Plastics Group - Taiwan
- Coal and Oil Company - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Marubeni Corporation - India
- Central Java Power - Indonesia
- Indian Oil Corporation Limited
- Bukit Makmur.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- Mjunction Services Limited - India
- San Jose City I Power Corp, Philippines
- Deloitte Consulting - India
- Chamber of Mines of South Africa
- Siam City Cement PLC, Thailand
- Aditya Birla Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Tata Chemicals Ltd - India
- Coalindo Energy - Indonesia
- SMC Global Power, Philippines
- Gujarat Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- Heidelberg Cement - Germany
- Mercator Lines Limited - India
- Bulk Trading Sa - Switzerland
- LBH Netherlands Bv - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- India Bulls Power Limited - India
- IHS Mccloskey Coal Group - USA
- Iligan Light & Power Inc, Philippines
- Australian Coal Association
- Xindia Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- CIMB Investment Bank - Malaysia
- Karaikal Port Pvt Ltd - India
- Dalmia Cement Bharat India
- Gujarat Sidhee Cement - India
- Indika Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Romanian Commodities Exchange
- Price Waterhouse Coopers - Russia
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- Kartika Selabumi Mining - Indonesia
- Global Business Power Corporation, Philippines
- Baramulti Group, Indonesia
- Anglo American - United Kingdom
- Orica Mining Services - Indonesia
- Mintek Dendrill Indonesia
- Economic Council, Georgia
- Attock Cement Pakistan Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cement Manufacturers Association - India
- Kaltim Prima Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Indonesian Coal Mining Association
- Jaiprakash Power Ventures ltd
- OPG Power Generation Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Sical Logistics Limited - India
- Parry Sugars Refinery, India
- Bukit Baiduri Energy - Indonesia
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