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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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- Malabar Cements Ltd - India
- Attock Cement Pakistan Limited
- The University of Queensland
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- Ceylon Electricity Board - Sri Lanka
- OPG Power Generation Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Baramulti Group, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Ministry of Transport, Egypt
- Indonesian Coal Mining Association
- Sree Jayajothi Cements Limited - India
- Cement Manufacturers Association - India
- Indika Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kepco SPC Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Anglo American - United Kingdom
- European Bulk Services B.V. - Netherlands
- Kartika Selabumi Mining - Indonesia
- Australian Coal Association
- Commonwealth Bank - Australia
- Georgia Ports Authority, United States
- Gujarat Mineral Development Corp Ltd - India
- Larsen & Toubro Limited - India
- Parry Sugars Refinery, India
- Ambuja Cements Ltd - India
- Meralco Power Generation, Philippines
- Oldendorff Carriers - Singapore
- Price Waterhouse Coopers - Russia
- Carbofer General Trading SA - India
- Aditya Birla Group - India
- CNBM International Corporation - China
- CIMB Investment Bank - Malaysia
- Bukit Baiduri Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Salva Resources Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Ministry of Mines - Canada
- Deloitte Consulting - India
- Ministry of Finance - Indonesia
- Iligan Light & Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Posco Energy - South Korea
- Sinarmas Energy and Mining - Indonesia
- Eastern Coal Council - USA
- Merrill Lynch Commodities Europe
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- Barasentosa Lestari - Indonesia
- Vedanta Resources Plc - India
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- Indogreen Group - Indonesia
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- Thiess Contractors Indonesia
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- Bhatia International Limited - India
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- Wilmar Investment Holdings
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- SN Aboitiz Power Inc, Philippines
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- Bukit Asam (Persero) Tbk - Indonesia
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- Medco Energi Mining Internasional
- Interocean Group of Companies - India
- IEA Clean Coal Centre - UK
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- Krishnapatnam Port Company Ltd. - India
- Standard Chartered Bank - UAE
- Jindal Steel & Power Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Sojitz Corporation - Japan
- Electricity Authority, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Global Green Power PLC Corporation, Philippines
- Renaissance Capital - South Africa
- Parliament of New Zealand
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- Tata Chemicals Ltd - India
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- Intertek Mineral Services - Indonesia
- Bharathi Cement Corporation - India
- Banpu Public Company Limited - Thailand
- Minerals Council of Australia
- Goldman Sachs - Singapore
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- Grasim Industreis Ltd - India
- Mercator Lines Limited - India
- McConnell Dowell - Australia
- Eastern Energy - Thailand
- South Luzon Thermal Energy Corporation
- Mercuria Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Uttam Galva Steels Limited - India
- Maheswari Brothers Coal Limited - India
- SMG Consultants - Indonesia
- Planning Commission, India
- IHS Mccloskey Coal Group - USA
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- Indian Oil Corporation Limited
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- Global Business Power Corporation, Philippines
- The State Trading Corporation of India Ltd
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- Wood Mackenzie - Singapore
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- GVK Power & Infra Limited - India
- Economic Council, Georgia
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- Kaltim Prima Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bulk Trading Sa - Switzerland
- Agrawal Coal Company - India
- Tamil Nadu electricity Board
- Kumho Petrochemical, South Korea
- Sindya Power Generating Company Private Ltd
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- Xindia Steels Limited - India
- Bhoruka Overseas - Indonesia
- Mintek Dendrill Indonesia
- Singapore Mercantile Exchange
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- ICICI Bank Limited - India
- Binh Thuan Hamico - Vietnam
- Maharashtra Electricity Regulatory Commission - India
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- PowerSource Philippines DevCo
- Coalindo Energy - Indonesia
- Chamber of Mines of South Africa
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- Alfred C Toepfer International GmbH - Germany
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- San Jose City I Power Corp, Philippines
- Energy Link Ltd, New Zealand
- Romanian Commodities Exchange
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- Madhucon Powers Ltd - India
- Vizag Seaport Private Limited - India
- Essar Steel Hazira Ltd - India
- SMC Global Power, Philippines
- AsiaOL BioFuels Corp., Philippines
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- Indo Tambangraya Megah - Indonesia
- International Coal Ventures Pvt Ltd - India
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