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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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- Sindya Power Generating Company Private Ltd
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- Bhoruka Overseas - Indonesia
- Siam City Cement - Thailand
- Uttam Galva Steels Limited - India
- Thiess Contractors Indonesia
- Trasteel International SA, Italy
- SMG Consultants - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Indian Energy Exchange, India
- Agrawal Coal Company - India
- Savvy Resources Ltd - HongKong
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- Indonesian Coal Mining Association
- TNB Fuel Sdn Bhd - Malaysia
- White Energy Company Limited
- European Bulk Services B.V. - Netherlands
- Anglo American - United Kingdom
- Goldman Sachs - Singapore
- Neyveli Lignite Corporation Ltd, - India
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- Petron Corporation, Philippines
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- Directorate General of MIneral and Coal - Indonesia
- Independent Power Producers Association of India
- Vedanta Resources Plc - India
- Bangladesh Power Developement Board
- Electricity Generating Authority of Thailand
- Altura Mining Limited, Indonesia
- IEA Clean Coal Centre - UK
- Edison Trading Spa - Italy
- Straits Asia Resources Limited - Singapore
- Intertek Mineral Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Carbofer General Trading SA - India
- Therma Luzon, Inc, Philippines
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- AsiaOL BioFuels Corp., Philippines
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- Star Paper Mills Limited - India
- London Commodity Brokers - England
- Orica Mining Services - Indonesia
- Mjunction Services Limited - India
- Billiton Holdings Pty Ltd - Australia
- GMR Energy Limited - India
- Power Finance Corporation Ltd., India
- Maheswari Brothers Coal Limited - India
- Sree Jayajothi Cements Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Salva Resources Pvt Ltd - India
- Deloitte Consulting - India
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
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- Tata Chemicals Ltd - India
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- Kideco Jaya Agung - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- GAC Shipping (India) Pvt Ltd
- Bukit Baiduri Energy - Indonesia
- Siam City Cement PLC, Thailand
- Wood Mackenzie - Singapore
- Larsen & Toubro Limited - India
- Barasentosa Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Ambuja Cements Ltd - India
- Standard Chartered Bank - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Metalloyd Limited - United Kingdom
- International Coal Ventures Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Rio Tinto Coal - Australia
- Formosa Plastics Group - Taiwan
- Gujarat Sidhee Cement - India
- Timah Investasi Mineral - Indoneisa
- South Luzon Thermal Energy Corporation
- Malabar Cements Ltd - India
- Mercator Lines Limited - India
- Commonwealth Bank - Australia
- Kartika Selabumi Mining - Indonesia
- Indian Oil Corporation Limited
- Central Java Power - Indonesia
- McConnell Dowell - Australia
- Jorong Barutama Greston.PT - Indonesia
- Central Electricity Authority - India
- CIMB Investment Bank - Malaysia
- Energy Link Ltd, New Zealand
- Bhatia International Limited - India
- Posco Energy - South Korea
- Parliament of New Zealand
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- Riau Bara Harum - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- Banpu Public Company Limited - Thailand
- Essar Steel Hazira Ltd - India
- Indika Energy - Indonesia
- New Zealand Coal & Carbon
- ASAPP Information Group - India
- The State Trading Corporation of India Ltd
- Bhushan Steel Limited - India
- Indogreen Group - Indonesia
- SMC Global Power, Philippines
- The Treasury - Australian Government
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- PNOC Exploration Corporation - Philippines
- Wilmar Investment Holdings
- Chamber of Mines of South Africa
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- Minerals Council of Australia
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- Africa Commodities Group - South Africa
- PowerSource Philippines DevCo
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Semirara Mining and Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Binh Thuan Hamico - Vietnam
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- MS Steel International - UAE
- Electricity Authority, New Zealand
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- Aditya Birla Group - India
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- Cement Manufacturers Association - India
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- Kumho Petrochemical, South Korea
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- Price Waterhouse Coopers - Russia
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- Maharashtra Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Ministry of Transport, Egypt
- The University of Queensland
- Alfred C Toepfer International GmbH - Germany
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- Semirara Mining Corp, Philippines
- Jaiprakash Power Ventures ltd
- Kalimantan Lumbung Energi - Indonesia
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- Sojitz Corporation - Japan
- Chettinad Cement Corporation Ltd - India
- Meralco Power Generation, Philippines
- Planning Commission, India
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