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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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- Mercuria Energy - Indonesia
- Medco Energi Mining Internasional
- Billiton Holdings Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
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- Africa Commodities Group - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Bhatia International Limited - India
- Coalindo Energy - Indonesia
- Sical Logistics Limited - India
- Eastern Coal Council - USA
- Kideco Jaya Agung - Indonesia
- Chamber of Mines of South Africa
- Economic Council, Georgia
- Thiess Contractors Indonesia
- Sinarmas Energy and Mining - Indonesia
- Lanco Infratech Ltd - India
- Oldendorff Carriers - Singapore
- Therma Luzon, Inc, Philippines
- Independent Power Producers Association of India
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- Petron Corporation, Philippines
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- Altura Mining Limited, Indonesia
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- Central Electricity Authority - India
- Bayan Resources Tbk. - Indonesia
- Alfred C Toepfer International GmbH - Germany
- CIMB Investment Bank - Malaysia
- Eastern Energy - Thailand
- Aditya Birla Group - India
- Ceylon Electricity Board - Sri Lanka
- Miang Besar Coal Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Semirara Mining and Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Rashtriya Ispat Nigam Limited - India
- GAC Shipping (India) Pvt Ltd
- New Zealand Coal & Carbon
- Savvy Resources Ltd - HongKong
- Port Waratah Coal Services - Australia
- Essar Steel Hazira Ltd - India
- Indogreen Group - Indonesia
- GMR Energy Limited - India
- San Jose City I Power Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Mercator Lines Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Sree Jayajothi Cements Limited - India
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- Energy Development Corp, Philippines
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- Bangladesh Power Developement Board
- Deloitte Consulting - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Uttam Galva Steels Limited - India
- Larsen & Toubro Limited - India
- Attock Cement Pakistan Limited
- Riau Bara Harum - Indonesia
- The Treasury - Australian Government
- Gujarat Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Ambuja Cements Ltd - India
- Tamil Nadu electricity Board
- India Bulls Power Limited - India
- Australian Commodity Traders Exchange
- Indonesian Coal Mining Association
- Wilmar Investment Holdings
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- Mintek Dendrill Indonesia
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- ICICI Bank Limited - India
- Holcim Trading Pte Ltd - Singapore
- Commonwealth Bank - Australia
- GN Power Mariveles Coal Plant, Philippines
- Jindal Steel & Power Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Baiduri Energy - Indonesia
- Coastal Gujarat Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Central Java Power - Indonesia
- Straits Asia Resources Limited - Singapore
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- SN Aboitiz Power Inc, Philippines
- Star Paper Mills Limited - India
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- Kapuas Tunggal Persada - Indonesia
- Electricity Generating Authority of Thailand
- Merrill Lynch Commodities Europe
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- Meralco Power Generation, Philippines
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- Kartika Selabumi Mining - Indonesia
- Interocean Group of Companies - India
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- Sakthi Sugars Limited - India
- Wood Mackenzie - Singapore
- Power Finance Corporation Ltd., India
- European Bulk Services B.V. - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Transport, Egypt
- Coal and Oil Company - UAE
- Leighton Contractors Pty Ltd - Australia
- Baramulti Group, Indonesia
- Ministry of Mines - Canada
- VISA Power Limited - India
- Indian Energy Exchange, India
- Carbofer General Trading SA - India
- Intertek Mineral Services - Indonesia
- Romanian Commodities Exchange
- Ind-Barath Power Infra Limited - India
- Orica Australia Pty. Ltd.
- Kalimantan Lumbung Energi - Indonesia
- GVK Power & Infra Limited - India
- Sojitz Corporation - Japan
- Sarangani Energy Corporation, Philippines
- Ministry of Finance - Indonesia
- Renaissance Capital - South Africa
- Rio Tinto Coal - Australia
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- Trasteel International SA, Italy
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- Jaiprakash Power Ventures ltd
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Edison Trading Spa - Italy
- Kohat Cement Company Ltd. - Pakistan
- Cement Manufacturers Association - India
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- Agrawal Coal Company - India
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- PTC India Limited - India
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- Asmin Koalindo Tuhup - Indonesia
- Parliament of New Zealand
- Iligan Light & Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Siam City Cement - Thailand
- Minerals Council of Australia
- Jorong Barutama Greston.PT - Indonesia
- Bulk Trading Sa - Switzerland
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- MS Steel International - UAE
- Kumho Petrochemical, South Korea
- London Commodity Brokers - England
- ASAPP Information Group - India
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- Price Waterhouse Coopers - Russia
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- Australian Coal Association
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- Electricity Authority, New Zealand
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- Directorate General of MIneral and Coal - Indonesia
- Indian Oil Corporation Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The University of Queensland
- Orica Mining Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Posco Energy - South Korea
- SMG Consultants - Indonesia
- Salva Resources Pvt Ltd - India
- Bharathi Cement Corporation - India
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