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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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- White Energy Company Limited
- Parliament of New Zealand
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- Mercuria Energy - Indonesia
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- Wood Mackenzie - Singapore
- Alfred C Toepfer International GmbH - Germany
- Georgia Ports Authority, United States
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- Maheswari Brothers Coal Limited - India
- Chamber of Mines of South Africa
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- Semirara Mining and Power Corporation, Philippines
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- Eastern Coal Council - USA
- Vedanta Resources Plc - India
- Metalloyd Limited - United Kingdom
- Central Electricity Authority - India
- Petrochimia International Co. Ltd.- Taiwan
- Anglo American - United Kingdom
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- Gujarat Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
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- OPG Power Generation Pvt Ltd - India
- Latin American Coal - Colombia
- Marubeni Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- London Commodity Brokers - England
- The Treasury - Australian Government
- Siam City Cement - Thailand
- Sindya Power Generating Company Private Ltd
- Cigading International Bulk Terminal - Indonesia
- Bhatia International Limited - India
- Indonesian Coal Mining Association
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- Wilmar Investment Holdings
- CNBM International Corporation - China
- Globalindo Alam Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- GMR Energy Limited - India
- Renaissance Capital - South Africa
- Central Java Power - Indonesia
- Formosa Plastics Group - Taiwan
- MS Steel International - UAE
- VISA Power Limited - India
- Heidelberg Cement - Germany
- GVK Power & Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Intertek Mineral Services - Indonesia
- Straits Asia Resources Limited - Singapore
- New Zealand Coal & Carbon
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- TeaM Sual Corporation - Philippines
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- Larsen & Toubro Limited - India
- Mintek Dendrill Indonesia
- Binh Thuan Hamico - Vietnam
- Sakthi Sugars Limited - India
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- Samtan Co., Ltd - South Korea
- Essar Steel Hazira Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
- Orica Mining Services - Indonesia
- Attock Cement Pakistan Limited
- Star Paper Mills Limited - India
- SMG Consultants - Indonesia
- Agrawal Coal Company - India
- Electricity Generating Authority of Thailand
- Ministry of Mines - Canada
- Siam City Cement PLC, Thailand
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- Tamil Nadu electricity Board
- Economic Council, Georgia
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- McConnell Dowell - Australia
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- Minerals Council of Australia
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- Savvy Resources Ltd - HongKong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Meenaskhi Energy Private Limited - India
- Sojitz Corporation - Japan
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- Price Waterhouse Coopers - Russia
- Riau Bara Harum - Indonesia
- Coal and Oil Company - UAE
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- LBH Netherlands Bv - Netherlands
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- Leighton Contractors Pty Ltd - Australia
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- Indian Energy Exchange, India
- Iligan Light & Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Borneo Indobara - Indonesia
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- Directorate General of MIneral and Coal - Indonesia
- IEA Clean Coal Centre - UK
- Mjunction Services Limited - India
- Global Green Power PLC Corporation, Philippines
- ICICI Bank Limited - India
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- Barasentosa Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- PNOC Exploration Corporation - Philippines
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- Petron Corporation, Philippines
- Merrill Lynch Commodities Europe
- Energy Link Ltd, New Zealand
- Posco Energy - South Korea
- Lanco Infratech Ltd - India
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- Bulk Trading Sa - Switzerland
- The State Trading Corporation of India Ltd
- PTC India Limited - India
- Rio Tinto Coal - Australia
- SN Aboitiz Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
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- Sarangani Energy Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Indian Oil Corporation Limited
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- Bukit Asam (Persero) Tbk - Indonesia
- Commonwealth Bank - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Coal Association
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- International Coal Ventures Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Kartika Selabumi Mining - Indonesia
- Bangladesh Power Developement Board
- Videocon Industries ltd - India
- Kaltim Prima Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- European Bulk Services B.V. - Netherlands
- Banpu Public Company Limited - Thailand
- Altura Mining Limited, Indonesia
- The University of Queensland
- Simpson Spence & Young - Indonesia
- SMC Global Power, Philippines
- Africa Commodities Group - South Africa
- Maharashtra Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Ministry of Transport, Egypt
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- Global Business Power Corporation, Philippines
- Ministry of Finance - Indonesia
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- Krishnapatnam Port Company Ltd. - India
- Aditya Birla Group - India
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- Romanian Commodities Exchange
- Karbindo Abesyapradhi - Indoneisa
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- Therma Luzon, Inc, Philippines
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- Planning Commission, India
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- IHS Mccloskey Coal Group - USA
- Kobexindo Tractors - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kalimantan Lumbung Energi - Indonesia
- Energy Development Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Kumho Petrochemical, South Korea
- GAC Shipping (India) Pvt Ltd
- Bhushan Steel Limited - India
- Independent Power Producers Association of India
- Global Coal Blending Company Limited - Australia
- Madhucon Powers Ltd - India
- ASAPP Information Group - India
- Electricity Authority, New Zealand
- Toyota Tsusho Corporation, Japan
- Tata Chemicals Ltd - India
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- Meralco Power Generation, Philippines
- Oldendorff Carriers - Singapore
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