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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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- The University of Queensland
- Rashtriya Ispat Nigam Limited - India
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- Iligan Light & Power Inc, Philippines
- Gujarat Sidhee Cement - India
- PTC India Limited - India
- GAC Shipping (India) Pvt Ltd
- Standard Chartered Bank - UAE
- Videocon Industries ltd - India
- Marubeni Corporation - India
- Carbofer General Trading SA - India
- GVK Power & Infra Limited - India
- Romanian Commodities Exchange
- Alfred C Toepfer International GmbH - Germany
- Wood Mackenzie - Singapore
- Global Business Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Tamil Nadu electricity Board
- Miang Besar Coal Terminal - Indonesia
- White Energy Company Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aditya Birla Group - India
- SMC Global Power, Philippines
- Eastern Coal Council - USA
- Sojitz Corporation - Japan
- Lanco Infratech Ltd - India
- Merrill Lynch Commodities Europe
- The State Trading Corporation of India Ltd
- London Commodity Brokers - England
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- San Jose City I Power Corp, Philippines
- Energy Development Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Indian Energy Exchange, India
- ASAPP Information Group - India
- Africa Commodities Group - South Africa
- Port Waratah Coal Services - Australia
- New Zealand Coal & Carbon
- Minerals Council of Australia
- PNOC Exploration Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Orica Australia Pty. Ltd.
- Asmin Koalindo Tuhup - Indonesia
- Chamber of Mines of South Africa
- Coalindo Energy - Indonesia
- Sakthi Sugars Limited - India
- Rio Tinto Coal - Australia
- Therma Luzon, Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- Vedanta Resources Plc - India
- Semirara Mining and Power Corporation, Philippines
- Central Electricity Authority - India
- South Luzon Thermal Energy Corporation
- Kalimantan Lumbung Energi - Indonesia
- Bangladesh Power Developement Board
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- Indo Tambangraya Megah - Indonesia
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- Pipit Mutiara Jaya. PT, Indonesia
- Coastal Gujarat Power Limited - India
- Attock Cement Pakistan Limited
- Vijayanagar Sugar Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Bayan Resources Tbk. - Indonesia
- Kideco Jaya Agung - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Thiess Contractors Indonesia
- Kapuas Tunggal Persada - Indonesia
- Cement Manufacturers Association - India
- Indonesian Coal Mining Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- Makarim & Taira - Indonesia
- Ministry of Mines - Canada
- Oldendorff Carriers - Singapore
- Borneo Indobara - Indonesia
- Australian Coal Association
- VISA Power Limited - India
- Salva Resources Pvt Ltd - India
- McConnell Dowell - Australia
- Siam City Cement - Thailand
- Simpson Spence & Young - Indonesia
- Parliament of New Zealand
- The Treasury - Australian Government
- Posco Energy - South Korea
- ICICI Bank Limited - India
- Gujarat Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Global Green Power PLC Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Economic Council, Georgia
- Kaltim Prima Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Power Finance Corporation Ltd., India
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- Parry Sugars Refinery, India
- Sinarmas Energy and Mining - Indonesia
- Karaikal Port Pvt Ltd - India
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- Ceylon Electricity Board - Sri Lanka
- CNBM International Corporation - China
- Bhatia International Limited - India
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- Sindya Power Generating Company Private Ltd
- Wilmar Investment Holdings
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- Trasteel International SA, Italy
- Essar Steel Hazira Ltd - India
- Mercator Lines Limited - India
- Mercuria Energy - Indonesia
- Bharathi Cement Corporation - India
- Independent Power Producers Association of India
- Baramulti Group, Indonesia
- Bukit Makmur.PT - Indonesia
- Larsen & Toubro Limited - India
- Anglo American - United Kingdom
- Semirara Mining Corp, Philippines
- Tata Chemicals Ltd - India
- Bulk Trading Sa - Switzerland
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- Indogreen Group - Indonesia
- Globalindo Alam Lestari - Indonesia
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- Agrawal Coal Company - India
- Global Coal Blending Company Limited - Australia
- Goldman Sachs - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Madhucon Powers Ltd - India
- Petron Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Ministry of Finance - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Electricity Authority, New Zealand
- Antam Resourcindo - Indonesia
- Sical Logistics Limited - India
- Formosa Plastics Group - Taiwan
- Georgia Ports Authority, United States
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- Medco Energi Mining Internasional
- Dalmia Cement Bharat India
- Holcim Trading Pte Ltd - Singapore
- Chettinad Cement Corporation Ltd - India
- IHS Mccloskey Coal Group - USA
- MS Steel International - UAE
- Riau Bara Harum - Indonesia
- Uttam Galva Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Transport, Egypt
- Gujarat Mineral Development Corp Ltd - India
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Commonwealth Bank - Australia
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- Xindia Steels Limited - India
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- Bhoruka Overseas - Indonesia
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- Australian Commodity Traders Exchange
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- Thai Mozambique Logistica
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- Samtan Co., Ltd - South Korea
- Planning Commission, India
- IEA Clean Coal Centre - UK
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- Mintek Dendrill Indonesia
- Energy Link Ltd, New Zealand
- Coal and Oil Company - UAE
- Deloitte Consulting - India
- Indika Energy - Indonesia
- Singapore Mercantile Exchange
- Sree Jayajothi Cements Limited - India
- Leighton Contractors Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Intertek Mineral Services - Indonesia
- Indian Oil Corporation Limited
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- Orica Mining Services - Indonesia
- Straits Asia Resources Limited - Singapore
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- Edison Trading Spa - Italy
- Binh Thuan Hamico - Vietnam
- Ind-Barath Power Infra Limited - India
- Sarangani Energy Corporation, Philippines
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