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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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- Kapuas Tunggal Persada - Indonesia
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- Energy Development Corp, Philippines
- White Energy Company Limited
- MS Steel International - UAE
- Iligan Light & Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Mines - Canada
- Sojitz Corporation - Japan
- Kideco Jaya Agung - Indonesia
- South Luzon Thermal Energy Corporation
- Ministry of Transport, Egypt
- Rio Tinto Coal - Australia
- Carbofer General Trading SA - India
- Energy Link Ltd, New Zealand
- Baramulti Group, Indonesia
- Indonesian Coal Mining Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Business Power Corporation, Philippines
- Interocean Group of Companies - India
- Orica Mining Services - Indonesia
- Grasim Industreis Ltd - India
- Wood Mackenzie - Singapore
- Kobexindo Tractors - Indoneisa
- Port Waratah Coal Services - Australia
- Semirara Mining Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Xindia Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Standard Chartered Bank - UAE
- Australian Coal Association
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- Antam Resourcindo - Indonesia
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- Wilmar Investment Holdings
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- Lanco Infratech Ltd - India
- Electricity Authority, New Zealand
- Power Finance Corporation Ltd., India
- Bangladesh Power Developement Board
- Toyota Tsusho Corporation, Japan
- Indian Oil Corporation Limited
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- Goldman Sachs - Singapore
- Directorate Of Revenue Intelligence - India
- Mintek Dendrill Indonesia
- Attock Cement Pakistan Limited
- GN Power Mariveles Coal Plant, Philippines
- Ind-Barath Power Infra Limited - India
- Altura Mining Limited, Indonesia
- LBH Netherlands Bv - Netherlands
- Medco Energi Mining Internasional
- Petron Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Heidelberg Cement - Germany
- Leighton Contractors Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
- VISA Power Limited - India
- Global Coal Blending Company Limited - Australia
- Pendopo Energi Batubara - Indonesia
- Eastern Energy - Thailand
- European Bulk Services B.V. - Netherlands
- Posco Energy - South Korea
- Larsen & Toubro Limited - India
- Gujarat Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Chettinad Cement Corporation Ltd - India
- Samtan Co., Ltd - South Korea
- Tamil Nadu electricity Board
- Banpu Public Company Limited - Thailand
- Globalindo Alam Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- Intertek Mineral Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Vijayanagar Sugar Pvt Ltd - India
- ICICI Bank Limited - India
- Cement Manufacturers Association - India
- Karaikal Port Pvt Ltd - India
- Africa Commodities Group - South Africa
- Commonwealth Bank - Australia
- The Treasury - Australian Government
- Singapore Mercantile Exchange
- Edison Trading Spa - Italy
- Metalloyd Limited - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Directorate General of MIneral and Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Australia Pty. Ltd.
- Formosa Plastics Group - Taiwan
- SMC Global Power, Philippines
- Romanian Commodities Exchange
- ASAPP Information Group - India
- Latin American Coal - Colombia
- Mercator Lines Limited - India
- GVK Power & Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- Mjunction Services Limited - India
- Bhatia International Limited - India
- Makarim & Taira - Indonesia
- Timah Investasi Mineral - Indoneisa
- Barasentosa Lestari - Indonesia
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- New Zealand Coal & Carbon
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- Indogreen Group - Indonesia
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- Essar Steel Hazira Ltd - India
- Georgia Ports Authority, United States
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- Star Paper Mills Limited - India
- Videocon Industries ltd - India
- PNOC Exploration Corporation - Philippines
- Deloitte Consulting - India
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- San Jose City I Power Corp, Philippines
- Oldendorff Carriers - Singapore
- Independent Power Producers Association of India
- Billiton Holdings Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Riau Bara Harum - Indonesia
- Kumho Petrochemical, South Korea
- Ambuja Cements Ltd - India
- Mercuria Energy - Indonesia
- Siam City Cement - Thailand
- Indian Energy Exchange, India
- Economic Council, Georgia
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- Therma Luzon, Inc, Philippines
- Parliament of New Zealand
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- AsiaOL BioFuels Corp., Philippines
- Holcim Trading Pte Ltd - Singapore
- SMG Consultants - Indonesia
- Bulk Trading Sa - Switzerland
- Renaissance Capital - South Africa
- Tata Chemicals Ltd - India
- Marubeni Corporation - India
- SN Aboitiz Power Inc, Philippines
- PowerSource Philippines DevCo
- The State Trading Corporation of India Ltd
- London Commodity Brokers - England
- Ministry of Finance - Indonesia
- Merrill Lynch Commodities Europe
- Miang Besar Coal Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Kartika Selabumi Mining - Indonesia
- Planning Commission, India
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- Ceylon Electricity Board - Sri Lanka
- PetroVietnam Power Coal Import and Supply Company
- Eastern Coal Council - USA
- GMR Energy Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- McConnell Dowell - Australia
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- GAC Shipping (India) Pvt Ltd
- Meralco Power Generation, Philippines
- Central Electricity Authority - India
- Bukit Baiduri Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Binh Thuan Hamico - Vietnam
- Simpson Spence & Young - Indonesia
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- PTC India Limited - India
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- Kaltim Prima Coal - Indonesia
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- Gujarat Mineral Development Corp Ltd - India
- Alfred C Toepfer International GmbH - Germany
- OPG Power Generation Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Meenaskhi Energy Private Limited - India
- Minerals Council of Australia
- Neyveli Lignite Corporation Ltd, - India
- Anglo American - United Kingdom
- Global Green Power PLC Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- The University of Queensland
- Chamber of Mines of South Africa
- Bhushan Steel Limited - India
- India Bulls Power Limited - India
- Australian Commodity Traders Exchange
- Sarangani Energy Corporation, Philippines
- Trasteel International SA, Italy
- Thiess Contractors Indonesia
- Madhucon Powers Ltd - India
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- International Coal Ventures Pvt Ltd - India
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