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Friday, 14 August 09
INDONESIA COAL-PRICES FALL TO $74, INDIA EYES SEPT CARGOES
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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- Economic Council, Georgia
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- Trasteel International SA, Italy
- CNBM International Corporation - China
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- Australian Coal Association
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- Makarim & Taira - Indonesia
- CIMB Investment Bank - Malaysia
- Krishnapatnam Port Company Ltd. - India
- The State Trading Corporation of India Ltd
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- Power Finance Corporation Ltd., India
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- Global Coal Blending Company Limited - Australia
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- Altura Mining Limited, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Deloitte Consulting - India
- Ministry of Transport, Egypt
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- Karbindo Abesyapradhi - Indoneisa
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- OPG Power Generation Pvt Ltd - India
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- Port Waratah Coal Services - Australia
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- The Treasury - Australian Government
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- Thiess Contractors Indonesia
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- Agrawal Coal Company - India
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- Eastern Coal Council - USA
- Global Business Power Corporation, Philippines
- Coal and Oil Company - UAE
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- India Bulls Power Limited - India
- Siam City Cement - Thailand
- Ceylon Electricity Board - Sri Lanka
- Bhoruka Overseas - Indonesia
- Marubeni Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement PLC, Thailand
- PowerSource Philippines DevCo
- ASAPP Information Group - India
- Gujarat Sidhee Cement - India
- Mjunction Services Limited - India
- Sakthi Sugars Limited - India
- Eastern Energy - Thailand
- Bukit Baiduri Energy - Indonesia
- Attock Cement Pakistan Limited
- Petrochimia International Co. Ltd.- Taiwan
- SMC Global Power, Philippines
- Coalindo Energy - Indonesia
- Orica Australia Pty. Ltd.
- Parry Sugars Refinery, India
- Meenaskhi Energy Private Limited - India
- PNOC Exploration Corporation - Philippines
- Singapore Mercantile Exchange
- Gujarat Mineral Development Corp Ltd - India
- Interocean Group of Companies - India
- Central Java Power - Indonesia
- Manunggal Multi Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Larsen & Toubro Limited - India
- Indonesian Coal Mining Association
- Kartika Selabumi Mining - Indonesia
- Chettinad Cement Corporation Ltd - India
- SMG Consultants - Indonesia
- Dalmia Cement Bharat India
- Oldendorff Carriers - Singapore
- Formosa Plastics Group - Taiwan
- Georgia Ports Authority, United States
- Semirara Mining Corp, Philippines
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- Merrill Lynch Commodities Europe
- Maheswari Brothers Coal Limited - India
- Sindya Power Generating Company Private Ltd
- Madhucon Powers Ltd - India
- Binh Thuan Hamico - Vietnam
- VISA Power Limited - India
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- Orica Mining Services - Indonesia
- Bangladesh Power Developement Board
- Sree Jayajothi Cements Limited - India
- South Luzon Thermal Energy Corporation
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- White Energy Company Limited
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- Ministry of Finance - Indonesia
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- Bharathi Cement Corporation - India
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- Price Waterhouse Coopers - Russia
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- Rio Tinto Coal - Australia
- Mintek Dendrill Indonesia
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- Toyota Tsusho Corporation, Japan
- Timah Investasi Mineral - Indoneisa
- Africa Commodities Group - South Africa
- Standard Chartered Bank - UAE
- Planning Commission, India
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- Vedanta Resources Plc - India
- Jaiprakash Power Ventures ltd
- Simpson Spence & Young - Indonesia
- Lanco Infratech Ltd - India
- IHS Mccloskey Coal Group - USA
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- Maharashtra Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Baramulti Group, Indonesia
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- Mercuria Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Borneo Indobara - Indonesia
- Australian Commodity Traders Exchange
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- PetroVietnam Power Coal Import and Supply Company
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Goldman Sachs - Singapore
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- Tamil Nadu electricity Board
- Ambuja Cements Ltd - India
- Electricity Generating Authority of Thailand
- San Jose City I Power Corp, Philippines
- Xindia Steels Limited - India
- Kumho Petrochemical, South Korea
- Antam Resourcindo - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Wood Mackenzie - Singapore
- Salva Resources Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Bhushan Steel Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Therma Luzon, Inc, Philippines
- Renaissance Capital - South Africa
- Essar Steel Hazira Ltd - India
- Electricity Authority, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Independent Power Producers Association of India
- Miang Besar Coal Terminal - Indonesia
- Edison Trading Spa - Italy
- Sarangani Energy Corporation, Philippines
- Uttam Galva Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Medco Energi Mining Internasional
- Meralco Power Generation, Philippines
- Pendopo Energi Batubara - Indonesia
- IEA Clean Coal Centre - UK
- Billiton Holdings Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Energy Link Ltd, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Intertek Mineral Services - Indonesia
- Videocon Industries ltd - India
- Savvy Resources Ltd - HongKong
- Indian Energy Exchange, India
- Bukit Makmur.PT - Indonesia
- Commonwealth Bank - Australia
- The University of Queensland
- GVK Power & Infra Limited - India
- Banpu Public Company Limited - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- ICICI Bank Limited - India
- AsiaOL BioFuels Corp., Philippines
- MS Steel International - UAE
- Heidelberg Cement - Germany
- Latin American Coal - Colombia
- Energy Development Corp, Philippines
- Minerals Council of Australia
- GMR Energy Limited - India
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