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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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- Vizag Seaport Private Limited - India
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- Petron Corporation, Philippines
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- Price Waterhouse Coopers - Russia
- Krishnapatnam Port Company Ltd. - India
- Neyveli Lignite Corporation Ltd, - India
- Star Paper Mills Limited - India
- Posco Energy - South Korea
- San Jose City I Power Corp, Philippines
- Essar Steel Hazira Ltd - India
- Commonwealth Bank - Australia
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- Holcim Trading Pte Ltd - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Timah Investasi Mineral - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Uttam Galva Steels Limited - India
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- Xindia Steels Limited - India
- Thai Mozambique Logistica
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- Formosa Plastics Group - Taiwan
- Sarangani Energy Corporation, Philippines
- Chamber of Mines of South Africa
- Central Java Power - Indonesia
- Maheswari Brothers Coal Limited - India
- Videocon Industries ltd - India
- IEA Clean Coal Centre - UK
- Merrill Lynch Commodities Europe
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- GN Power Mariveles Coal Plant, Philippines
- Wood Mackenzie - Singapore
- Latin American Coal - Colombia
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- Petrochimia International Co. Ltd.- Taiwan
- Chettinad Cement Corporation Ltd - India
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- Kapuas Tunggal Persada - Indonesia
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- Medco Energi Mining Internasional
- Australian Coal Association
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- Mintek Dendrill Indonesia
- Semirara Mining Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Goldman Sachs - Singapore
- Standard Chartered Bank - UAE
- Tamil Nadu electricity Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Romanian Commodities Exchange
- SMG Consultants - Indonesia
- Kumho Petrochemical, South Korea
- Semirara Mining and Power Corporation, Philippines
- GMR Energy Limited - India
- Indonesian Coal Mining Association
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- Attock Cement Pakistan Limited
- Central Electricity Authority - India
- Renaissance Capital - South Africa
- McConnell Dowell - Australia
- GAC Shipping (India) Pvt Ltd
- Minerals Council of Australia
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- Siam City Cement PLC, Thailand
- Oldendorff Carriers - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Thiess Contractors Indonesia
- White Energy Company Limited
- OPG Power Generation Pvt Ltd - India
- Siam City Cement - Thailand
- Coastal Gujarat Power Limited - India
- PTC India Limited - India
- Sical Logistics Limited - India
- Kepco SPC Power Corporation, Philippines
- London Commodity Brokers - England
- Malabar Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Banpu Public Company Limited - Thailand
- Cigading International Bulk Terminal - Indonesia
- South Luzon Thermal Energy Corporation
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- Vedanta Resources Plc - India
- Ministry of Transport, Egypt
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- Indian Oil Corporation Limited
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- Ind-Barath Power Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Ambuja Cements Ltd - India
- Agrawal Coal Company - India
- Directorate Of Revenue Intelligence - India
- Antam Resourcindo - Indonesia
- Mjunction Services Limited - India
- Indo Tambangraya Megah - Indonesia
- Edison Trading Spa - Italy
- Baramulti Group, Indonesia
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- Eastern Energy - Thailand
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- The University of Queensland
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Sakthi Sugars Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jaiprakash Power Ventures ltd
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Finance - Indonesia
- Planning Commission, India
- CNBM International Corporation - China
- Metalloyd Limited - United Kingdom
- The Treasury - Australian Government
- CIMB Investment Bank - Malaysia
- Bulk Trading Sa - Switzerland
- Samtan Co., Ltd - South Korea
- Economic Council, Georgia
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- Electricity Authority, New Zealand
- Mercuria Energy - Indonesia
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- Bhushan Steel Limited - India
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- European Bulk Services B.V. - Netherlands
- Power Finance Corporation Ltd., India
- Altura Mining Limited, Indonesia
- Kobexindo Tractors - Indoneisa
- Deloitte Consulting - India
- Africa Commodities Group - South Africa
- Parliament of New Zealand
- Miang Besar Coal Terminal - Indonesia
- Singapore Mercantile Exchange
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- Eastern Coal Council - USA
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- Australian Commodity Traders Exchange
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- Global Coal Blending Company Limited - Australia
- Interocean Group of Companies - India
- Cement Manufacturers Association - India
- Therma Luzon, Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Ceylon Electricity Board - Sri Lanka
- SN Aboitiz Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Indogreen Group - Indonesia
- PowerSource Philippines DevCo
- Indian Energy Exchange, India
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