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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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- White Energy Company Limited
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- Thiess Contractors Indonesia
- Straits Asia Resources Limited - Singapore
- Central Electricity Authority - India
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- Altura Mining Limited, Indonesia
- Uttam Galva Steels Limited - India
- Merrill Lynch Commodities Europe
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- The Treasury - Australian Government
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- Ministry of Transport, Egypt
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- Bulk Trading Sa - Switzerland
- Bayan Resources Tbk. - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Vizag Seaport Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- Bukit Makmur.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sical Logistics Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
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- London Commodity Brokers - England
- ICICI Bank Limited - India
- Planning Commission, India
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- Krishnapatnam Port Company Ltd. - India
- Posco Energy - South Korea
- Indika Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMC Global Power, Philippines
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- Sindya Power Generating Company Private Ltd
- Eastern Coal Council - USA
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- OPG Power Generation Pvt Ltd - India
- McConnell Dowell - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Chamber of Mines of South Africa
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- Cement Manufacturers Association - India
- Bukit Asam (Persero) Tbk - Indonesia
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- Vijayanagar Sugar Pvt Ltd - India
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- Barasentosa Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Energy Link Ltd, New Zealand
- CNBM International Corporation - China
- LBH Netherlands Bv - Netherlands
- Rio Tinto Coal - Australia
- PowerSource Philippines DevCo
- Star Paper Mills Limited - India
- Gujarat Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- SN Aboitiz Power Inc, Philippines
- Goldman Sachs - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Indian Energy Exchange, India
- The State Trading Corporation of India Ltd
- Kapuas Tunggal Persada - Indonesia
- Maheswari Brothers Coal Limited - India
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- Videocon Industries ltd - India
- Riau Bara Harum - Indonesia
- Trasteel International SA, Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mjunction Services Limited - India
- Indonesian Coal Mining Association
- Parliament of New Zealand
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- Ministry of Mines - Canada
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Business Power Corporation, Philippines
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- IEA Clean Coal Centre - UK
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- VISA Power Limited - India
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- PNOC Exploration Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Tamil Nadu electricity Board
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- Heidelberg Cement - Germany
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- Global Green Power PLC Corporation, Philippines
- Sojitz Corporation - Japan
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- Energy Development Corp, Philippines
- Carbofer General Trading SA - India
- Eastern Energy - Thailand
- Wood Mackenzie - Singapore
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- Manunggal Multi Energi - Indonesia
- ASAPP Information Group - India
- Semirara Mining Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Renaissance Capital - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thai Mozambique Logistica
- Commonwealth Bank - Australia
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- Bharathi Cement Corporation - India
- Therma Luzon, Inc, Philippines
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- Binh Thuan Hamico - Vietnam
- Larsen & Toubro Limited - India
- Minerals Council of Australia
- Coal and Oil Company - UAE
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- Coalindo Energy - Indonesia
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- Medco Energi Mining Internasional
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- Australian Coal Association
- Indian Oil Corporation Limited
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- Globalindo Alam Lestari - Indonesia
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- Deloitte Consulting - India
- The University of Queensland
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- New Zealand Coal & Carbon
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- Sinarmas Energy and Mining - Indonesia
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- TNB Fuel Sdn Bhd - Malaysia
- Directorate Of Revenue Intelligence - India
- Singapore Mercantile Exchange
- Makarim & Taira - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Wilmar Investment Holdings
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- Directorate General of MIneral and Coal - Indonesia
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- Power Finance Corporation Ltd., India
- Mintek Dendrill Indonesia
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- Electricity Authority, New Zealand
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- Maharashtra Electricity Regulatory Commission - India
- Economic Council, Georgia
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- Bangladesh Power Developement Board
- Asmin Koalindo Tuhup - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Alfred C Toepfer International GmbH - Germany
- Pendopo Energi Batubara - Indonesia
- Interocean Group of Companies - India
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- Lanco Infratech Ltd - India
- San Jose City I Power Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Georgia Ports Authority, United States
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