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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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- TeaM Sual Corporation - Philippines
- Standard Chartered Bank - UAE
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- Pendopo Energi Batubara - Indonesia
- Energy Development Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Banpu Public Company Limited - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Meralco Power Generation, Philippines
- Commonwealth Bank - Australia
- IHS Mccloskey Coal Group - USA
- GVK Power & Infra Limited - India
- Trasteel International SA, Italy
- Toyota Tsusho Corporation, Japan
- VISA Power Limited - India
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- Altura Mining Limited, Indonesia
- Kapuas Tunggal Persada - Indonesia
- South Luzon Thermal Energy Corporation
- The State Trading Corporation of India Ltd
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- Siam City Cement - Thailand
- Thai Mozambique Logistica
- Samtan Co., Ltd - South Korea
- Barasentosa Lestari - Indonesia
- Ministry of Mines - Canada
- AsiaOL BioFuels Corp., Philippines
- CNBM International Corporation - China
- Simpson Spence & Young - Indonesia
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- Interocean Group of Companies - India
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- Indian Energy Exchange, India
- Economic Council, Georgia
- Merrill Lynch Commodities Europe
- PetroVietnam Power Coal Import and Supply Company
- Rio Tinto Coal - Australia
- Central Electricity Authority - India
- New Zealand Coal & Carbon
- Global Coal Blending Company Limited - Australia
- Semirara Mining and Power Corporation, Philippines
- The University of Queensland
- Oldendorff Carriers - Singapore
- Chettinad Cement Corporation Ltd - India
- Kumho Petrochemical, South Korea
- Malabar Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- Ministry of Transport, Egypt
- Minerals Council of Australia
- Bulk Trading Sa - Switzerland
- Tata Chemicals Ltd - India
- Anglo American - United Kingdom
- McConnell Dowell - Australia
- Medco Energi Mining Internasional
- Africa Commodities Group - South Africa
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- Timah Investasi Mineral - Indoneisa
- LBH Netherlands Bv - Netherlands
- Parliament of New Zealand
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- SMC Global Power, Philippines
- Gujarat Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Ceylon Electricity Board - Sri Lanka
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- Sojitz Corporation - Japan
- Ministry of Finance - Indonesia
- Formosa Plastics Group - Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GAC Shipping (India) Pvt Ltd
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- Therma Luzon, Inc, Philippines
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- Billiton Holdings Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Australian Commodity Traders Exchange
- Petrochimia International Co. Ltd.- Taiwan
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- Bukit Baiduri Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Electricity Generating Authority of Thailand
- Australian Coal Association
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- GMR Energy Limited - India
- Central Java Power - Indonesia
- Bayan Resources Tbk. - Indonesia
- Renaissance Capital - South Africa
- Directorate General of MIneral and Coal - Indonesia
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Madhucon Powers Ltd - India
- Riau Bara Harum - Indonesia
- Meenaskhi Energy Private Limited - India
- Port Waratah Coal Services - Australia
- Indian Oil Corporation Limited
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- Alfred C Toepfer International GmbH - Germany
- Ind-Barath Power Infra Limited - India
- Power Finance Corporation Ltd., India
- Metalloyd Limited - United Kingdom
- Vedanta Resources Plc - India
- Larsen & Toubro Limited - India
- Eastern Coal Council - USA
- India Bulls Power Limited - India
- Bhushan Steel Limited - India
- Baramulti Group, Indonesia
- Orica Australia Pty. Ltd.
- CIMB Investment Bank - Malaysia
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- Wood Mackenzie - Singapore
- Karbindo Abesyapradhi - Indoneisa
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- Coal and Oil Company - UAE
- Romanian Commodities Exchange
- Global Business Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- PTC India Limited - India
- Independent Power Producers Association of India
- PNOC Exploration Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- White Energy Company Limited
- ASAPP Information Group - India
- TNB Fuel Sdn Bhd - Malaysia
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- Gujarat Mineral Development Corp Ltd - India
- Binh Thuan Hamico - Vietnam
- Electricity Authority, New Zealand
- Makarim & Taira - Indonesia
- Planning Commission, India
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- Posco Energy - South Korea
- Cement Manufacturers Association - India
- Coastal Gujarat Power Limited - India
- Savvy Resources Ltd - HongKong
- Sree Jayajothi Cements Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Maheswari Brothers Coal Limited - India
- The Treasury - Australian Government
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- Indonesian Coal Mining Association
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- MS Steel International - UAE
- ICICI Bank Limited - India
- IEA Clean Coal Centre - UK
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- European Bulk Services B.V. - Netherlands
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- International Coal Ventures Pvt Ltd - India
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- Edison Trading Spa - Italy
- Star Paper Mills Limited - India
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- London Commodity Brokers - England
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