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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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- Kohat Cement Company Ltd. - Pakistan
- Petron Corporation, Philippines
- Gujarat Sidhee Cement - India
- Savvy Resources Ltd - HongKong
- Ceylon Electricity Board - Sri Lanka
- Wood Mackenzie - Singapore
- Posco Energy - South Korea
- India Bulls Power Limited - India
- Thai Mozambique Logistica
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- Straits Asia Resources Limited - Singapore
- Kobexindo Tractors - Indoneisa
- Eastern Energy - Thailand
- Energy Development Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Binh Thuan Hamico - Vietnam
- Standard Chartered Bank - UAE
- McConnell Dowell - Australia
- Global Business Power Corporation, Philippines
- Bhushan Steel Limited - India
- CNBM International Corporation - China
- White Energy Company Limited
- Borneo Indobara - Indonesia
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- Indogreen Group - Indonesia
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- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- OPG Power Generation Pvt Ltd - India
- Singapore Mercantile Exchange
- The Treasury - Australian Government
- Commonwealth Bank - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Cement Manufacturers Association - India
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- Sindya Power Generating Company Private Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Interocean Group of Companies - India
- Indian Oil Corporation Limited
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- GVK Power & Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Economic Council, Georgia
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- Parliament of New Zealand
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- Billiton Holdings Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Electricity Authority, New Zealand
- Coal and Oil Company - UAE
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- Kaltim Prima Coal - Indonesia
- Bangladesh Power Developement Board
- Indian Energy Exchange, India
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- Aditya Birla Group - India
- Price Waterhouse Coopers - Russia
- GAC Shipping (India) Pvt Ltd
- MS Steel International - UAE
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- Deloitte Consulting - India
- PowerSource Philippines DevCo
- Ambuja Cements Ltd - India
- GMR Energy Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bayan Resources Tbk. - Indonesia
- Power Finance Corporation Ltd., India
- Ministry of Finance - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Orica Australia Pty. Ltd.
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- Bhatia International Limited - India
- Australian Commodity Traders Exchange
- Global Coal Blending Company Limited - Australia
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- Star Paper Mills Limited - India
- Australian Coal Association
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- Semirara Mining and Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
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- Africa Commodities Group - South Africa
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- Planning Commission, India
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- Merrill Lynch Commodities Europe
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- Maheswari Brothers Coal Limited - India
- Uttam Galva Steels Limited - India
- Thiess Contractors Indonesia
- Xindia Steels Limited - India
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- Meenaskhi Energy Private Limited - India
- Electricity Generating Authority of Thailand
- Marubeni Corporation - India
- Sree Jayajothi Cements Limited - India
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
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- The State Trading Corporation of India Ltd
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- Therma Luzon, Inc, Philippines
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- Minerals Council of Australia
- Renaissance Capital - South Africa
- IEA Clean Coal Centre - UK
- Jindal Steel & Power Ltd - India
- IHS Mccloskey Coal Group - USA
- Kalimantan Lumbung Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Banpu Public Company Limited - Thailand
- Coalindo Energy - Indonesia
- Sojitz Corporation - Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Attock Cement Pakistan Limited
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- Offshore Bulk Terminal Pte Ltd, Singapore
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- Directorate General of MIneral and Coal - Indonesia
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- Baramulti Group, Indonesia
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- Independent Power Producers Association of India
- Kideco Jaya Agung - Indonesia
- Jaiprakash Power Ventures ltd
- Jorong Barutama Greston.PT - Indonesia
- SMG Consultants - Indonesia
- Edison Trading Spa - Italy
- International Coal Ventures Pvt Ltd - India
- London Commodity Brokers - England
- Tamil Nadu electricity Board
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- Videocon Industries ltd - India
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- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Transport, Egypt
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- Energy Link Ltd, New Zealand
- Maharashtra Electricity Regulatory Commission - India
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- Ministry of Mines - Canada
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- Indo Tambangraya Megah - Indonesia
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- Mercuria Energy - Indonesia
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- Carbofer General Trading SA - India
- Bharathi Cement Corporation - India
- Formosa Plastics Group - Taiwan
- Central Electricity Authority - India
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