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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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- Merrill Lynch Commodities Europe
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- Jindal Steel & Power Ltd - India
- Xindia Steels Limited - India
- Global Business Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Kalimantan Lumbung Energi - Indonesia
- Georgia Ports Authority, United States
- Singapore Mercantile Exchange
- IHS Mccloskey Coal Group - USA
- Iligan Light & Power Inc, Philippines
- Marubeni Corporation - India
- Bhoruka Overseas - Indonesia
- Kepco SPC Power Corporation, Philippines
- The Treasury - Australian Government
- Thiess Contractors Indonesia
- Baramulti Group, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Samtan Co., Ltd - South Korea
- Bhatia International Limited - India
- Chettinad Cement Corporation Ltd - India
- Renaissance Capital - South Africa
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- Latin American Coal - Colombia
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- Bulk Trading Sa - Switzerland
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- SMC Global Power, Philippines
- Trasteel International SA, Italy
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- White Energy Company Limited
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- Neyveli Lignite Corporation Ltd, - India
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- Independent Power Producers Association of India
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- Formosa Plastics Group - Taiwan
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- Asmin Koalindo Tuhup - Indonesia
- Heidelberg Cement - Germany
- Meenaskhi Energy Private Limited - India
- Australian Commodity Traders Exchange
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- GMR Energy Limited - India
- Petron Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Romanian Commodities Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- ICICI Bank Limited - India
- Billiton Holdings Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The University of Queensland
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- Ministry of Transport, Egypt
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- Sree Jayajothi Cements Limited - India
- Gujarat Sidhee Cement - India
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- Directorate General of MIneral and Coal - Indonesia
- Energy Development Corp, Philippines
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- PetroVietnam Power Coal Import and Supply Company
- Maharashtra Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Aboitiz Power Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Ministry of Mines - Canada
- Price Waterhouse Coopers - Russia
- Riau Bara Harum - Indonesia
- Essar Steel Hazira Ltd - India
- Sojitz Corporation - Japan
- Siam City Cement PLC, Thailand
- The State Trading Corporation of India Ltd
- IEA Clean Coal Centre - UK
- Rashtriya Ispat Nigam Limited - India
- Global Green Power PLC Corporation, Philippines
- Central Electricity Authority - India
- New Zealand Coal & Carbon
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- Tata Chemicals Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Kohat Cement Company Ltd. - Pakistan
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- Oldendorff Carriers - Singapore
- Wilmar Investment Holdings
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Wood Mackenzie - Singapore
- Deloitte Consulting - India
- Toyota Tsusho Corporation, Japan
- South Luzon Thermal Energy Corporation
- Savvy Resources Ltd - HongKong
- Posco Energy - South Korea
- Central Java Power - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Global Coal Blending Company Limited - Australia
- Energy Link Ltd, New Zealand
- Sakthi Sugars Limited - India
- Anglo American - United Kingdom
- Salva Resources Pvt Ltd - India
- Indian Energy Exchange, India
- Videocon Industries ltd - India
- Indian Oil Corporation Limited
- Pendopo Energi Batubara - Indonesia
- Straits Asia Resources Limited - Singapore
- Manunggal Multi Energi - Indonesia
- Power Finance Corporation Ltd., India
- Planning Commission, India
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- Ind-Barath Power Infra Limited - India
- Chamber of Mines of South Africa
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- Interocean Group of Companies - India
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- Directorate Of Revenue Intelligence - India
- Indonesian Coal Mining Association
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- Semirara Mining Corp, Philippines
- Coal and Oil Company - UAE
- Kideco Jaya Agung - Indonesia
- CNBM International Corporation - China
- Barasentosa Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Electricity Authority, New Zealand
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- PNOC Exploration Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Economic Council, Georgia
- Kartika Selabumi Mining - Indonesia
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- TeaM Sual Corporation - Philippines
- Ministry of Finance - Indonesia
- SMG Consultants - Indonesia
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- Gujarat Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Goldman Sachs - Singapore
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- Sinarmas Energy and Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Bayan Resources Tbk. - Indonesia
- Edison Trading Spa - Italy
- Mjunction Services Limited - India
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- Maheswari Brothers Coal Limited - India
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- Gujarat Mineral Development Corp Ltd - India
- AsiaOL BioFuels Corp., Philippines
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- Eastern Coal Council - USA
- Attock Cement Pakistan Limited
- Commonwealth Bank - Australia
- TNB Fuel Sdn Bhd - Malaysia
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- LBH Netherlands Bv - Netherlands
- Sarangani Energy Corporation, Philippines
- Altura Mining Limited, Indonesia
- Vizag Seaport Private Limited - India
- Minerals Council of Australia
- Rio Tinto Coal - Australia
- Banpu Public Company Limited - Thailand
- Australian Coal Association
- International Coal Ventures Pvt Ltd - India
- Bangladesh Power Developement Board
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- Bukit Baiduri Energy - Indonesia
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- Parliament of New Zealand
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