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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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- Kobexindo Tractors - Indoneisa
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- Coal and Oil Company - UAE
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- Sinarmas Energy and Mining - Indonesia
- Aditya Birla Group - India
- Orica Mining Services - Indonesia
- SMC Global Power, Philippines
- Globalindo Alam Lestari - Indonesia
- Antam Resourcindo - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Trasteel International SA, Italy
- Petrochimia International Co. Ltd.- Taiwan
- Wood Mackenzie - Singapore
- Binh Thuan Hamico - Vietnam
- Malabar Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Eastern Coal Council - USA
- Merrill Lynch Commodities Europe
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Commodity Traders Exchange
- Videocon Industries ltd - India
- Riau Bara Harum - Indonesia
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- Makarim & Taira - Indonesia
- Cement Manufacturers Association - India
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- Vedanta Resources Plc - India
- Parliament of New Zealand
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- The University of Queensland
- IHS Mccloskey Coal Group - USA
- Electricity Authority, New Zealand
- VISA Power Limited - India
- Pendopo Energi Batubara - Indonesia
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- Singapore Mercantile Exchange
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- Directorate Of Revenue Intelligence - India
- Siam City Cement PLC, Thailand
- TeaM Sual Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Baramulti Group, Indonesia
- Marubeni Corporation - India
- Kideco Jaya Agung - Indonesia
- Bukit Makmur.PT - Indonesia
- Ambuja Cements Ltd - India
- Metalloyd Limited - United Kingdom
- PNOC Exploration Corporation - Philippines
- Standard Chartered Bank - UAE
- Sindya Power Generating Company Private Ltd
- GAC Shipping (India) Pvt Ltd
- Gujarat Sidhee Cement - India
- Gujarat Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
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- Jindal Steel & Power Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Africa Commodities Group - South Africa
- LBH Netherlands Bv - Netherlands
- The Treasury - Australian Government
- Bharathi Cement Corporation - India
- Therma Luzon, Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Minerals Council of Australia
- Deloitte Consulting - India
- Energy Link Ltd, New Zealand
- Oldendorff Carriers - Singapore
- London Commodity Brokers - England
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Business Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- PTC India Limited - India
- Essar Steel Hazira Ltd - India
- Global Coal Blending Company Limited - Australia
- Maharashtra Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Thiess Contractors Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bukit Baiduri Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- ICICI Bank Limited - India
- Mercuria Energy - Indonesia
- Chamber of Mines of South Africa
- Directorate General of MIneral and Coal - Indonesia
- Coalindo Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Billiton Holdings Pty Ltd - Australia
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- Krishnapatnam Port Company Ltd. - India
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- New Zealand Coal & Carbon
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- Iligan Light & Power Inc, Philippines
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- Orica Australia Pty. Ltd.
- Edison Trading Spa - Italy
- Interocean Group of Companies - India
- Holcim Trading Pte Ltd - Singapore
- Sarangani Energy Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Formosa Plastics Group - Taiwan
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- San Jose City I Power Corp, Philippines
- Mintek Dendrill Indonesia
- Semirara Mining Corp, Philippines
- Rio Tinto Coal - Australia
- Gujarat Mineral Development Corp Ltd - India
- McConnell Dowell - Australia
- Alfred C Toepfer International GmbH - Germany
- Goldman Sachs - Singapore
- Georgia Ports Authority, United States
- Toyota Tsusho Corporation, Japan
- Bangladesh Power Developement Board
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- Economic Council, Georgia
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- Romanian Commodities Exchange
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- Timah Investasi Mineral - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Agrawal Coal Company - India
- Madhucon Powers Ltd - India
- IEA Clean Coal Centre - UK
- Australian Coal Association
- Dalmia Cement Bharat India
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- Bhatia International Limited - India
- Indian Energy Exchange, India
- Straits Asia Resources Limited - Singapore
- Aboitiz Power Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
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- Mercator Lines Limited - India
- Tata Chemicals Ltd - India
- Planning Commission, India
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- Coastal Gujarat Power Limited - India
- Eastern Energy - Thailand
- Power Finance Corporation Ltd., India
- White Energy Company Limited
- CIMB Investment Bank - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Price Waterhouse Coopers - Russia
- Electricity Generating Authority of Thailand
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- Samtan Co., Ltd - South Korea
- The State Trading Corporation of India Ltd
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- Indogreen Group - Indonesia
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- Ministry of Transport, Egypt
- Savvy Resources Ltd - HongKong
- Carbofer General Trading SA - India
- Ministry of Finance - Indonesia
- Mjunction Services Limited - India
- Ministry of Mines - Canada
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