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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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- Grasim Industreis Ltd - India
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- Tamil Nadu electricity Board
- Rio Tinto Coal - Australia
- Kepco SPC Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Bhushan Steel Limited - India
- Petrochimia International Co. Ltd.- Taiwan
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- Global Green Power PLC Corporation, Philippines
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- Chettinad Cement Corporation Ltd - India
- Port Waratah Coal Services - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Standard Chartered Bank - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Australian Coal Association
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- Energy Development Corp, Philippines
- Altura Mining Limited, Indonesia
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- Edison Trading Spa - Italy
- Coalindo Energy - Indonesia
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- Coal and Oil Company - UAE
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- Indian Energy Exchange, India
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- Mintek Dendrill Indonesia
- India Bulls Power Limited - India
- Petron Corporation, Philippines
- Commonwealth Bank - Australia
- ASAPP Information Group - India
- London Commodity Brokers - England
- Bukit Asam (Persero) Tbk - Indonesia
- Videocon Industries ltd - India
- Jaiprakash Power Ventures ltd
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- Thiess Contractors Indonesia
- Ministry of Finance - Indonesia
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- Global Business Power Corporation, Philippines
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- Sindya Power Generating Company Private Ltd
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- Maharashtra Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Mjunction Services Limited - India
- Binh Thuan Hamico - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Ind-Barath Power Infra Limited - India
- SMG Consultants - Indonesia
- Anglo American - United Kingdom
- Interocean Group of Companies - India
- Dalmia Cement Bharat India
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- Indo Tambangraya Megah - Indonesia
- Minerals Council of Australia
- Sarangani Energy Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- The University of Queensland
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- Global Coal Blending Company Limited - Australia
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- ICICI Bank Limited - India
- Semirara Mining Corp, Philippines
- Madhucon Powers Ltd - India
- Makarim & Taira - Indonesia
- Singapore Mercantile Exchange
- Bukit Makmur.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Leighton Contractors Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- McConnell Dowell - Australia
- Africa Commodities Group - South Africa
- Renaissance Capital - South Africa
- IHS Mccloskey Coal Group - USA
- Banpu Public Company Limited - Thailand
- PowerSource Philippines DevCo
- Rashtriya Ispat Nigam Limited - India
- Riau Bara Harum - Indonesia
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- White Energy Company Limited
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- Directorate General of MIneral and Coal - Indonesia
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- Medco Energi Mining Internasional
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Semirara Mining and Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Heidelberg Cement - Germany
- Tata Chemicals Ltd - India
- Agrawal Coal Company - India
- Wood Mackenzie - Singapore
- Ambuja Cements Ltd - India
- Georgia Ports Authority, United States
- Energy Link Ltd, New Zealand
- Indogreen Group - Indonesia
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- LBH Netherlands Bv - Netherlands
- Indian Oil Corporation Limited
- Ministry of Mines - Canada
- Chamber of Mines of South Africa
- Timah Investasi Mineral - Indoneisa
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- Salva Resources Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Trasteel International SA, Italy
- Eastern Energy - Thailand
- Borneo Indobara - Indonesia
- Meralco Power Generation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Planning Commission, India
- Economic Council, Georgia
- Bhatia International Limited - India
- Carbofer General Trading SA - India
- Aboitiz Power Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Eastern Coal Council - USA
- Deloitte Consulting - India
- Ministry of Transport, Egypt
- Kumho Petrochemical, South Korea
- Bayan Resources Tbk. - Indonesia
- GVK Power & Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Vijayanagar Sugar Pvt Ltd - India
- Oldendorff Carriers - Singapore
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- Indonesian Coal Mining Association
- Australian Commodity Traders Exchange
- VISA Power Limited - India
- Globalindo Alam Lestari - Indonesia
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- OPG Power Generation Pvt Ltd - India
- Sical Logistics Limited - India
- Electricity Generating Authority of Thailand
- The State Trading Corporation of India Ltd
- Sojitz Corporation - Japan
- Bhoruka Overseas - Indonesia
- Barasentosa Lestari - Indonesia
- Samtan Co., Ltd - South Korea
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- The Treasury - Australian Government
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- Intertek Mineral Services - Indonesia
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- GN Power Mariveles Coal Plant, Philippines
- PNOC Exploration Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Bangladesh Power Developement Board
- Cement Manufacturers Association - India
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- Kohat Cement Company Ltd. - Pakistan
- Electricity Authority, New Zealand
- Simpson Spence & Young - Indonesia
- European Bulk Services B.V. - Netherlands
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- Independent Power Producers Association of India
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