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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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- GN Power Mariveles Coal Plant, Philippines
- San Jose City I Power Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rashtriya Ispat Nigam Limited - India
- OPG Power Generation Pvt Ltd - India
- Thiess Contractors Indonesia
- IEA Clean Coal Centre - UK
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- Meralco Power Generation, Philippines
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- GMR Energy Limited - India
- Attock Cement Pakistan Limited
- South Luzon Thermal Energy Corporation
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The University of Queensland
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- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- Posco Energy - South Korea
- Baramulti Group, Indonesia
- Energy Development Corp, Philippines
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- Sree Jayajothi Cements Limited - India
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- Sakthi Sugars Limited - India
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- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
- ICICI Bank Limited - India
- Planning Commission, India
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- Kartika Selabumi Mining - Indonesia
- VISA Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- The Treasury - Australian Government
- Bhoruka Overseas - Indonesia
- PowerSource Philippines DevCo
- Siam City Cement - Thailand
- Sojitz Corporation - Japan
- India Bulls Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Africa Commodities Group - South Africa
- Orica Australia Pty. Ltd.
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- Therma Luzon, Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Indian Energy Exchange, India
- SN Aboitiz Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Australian Coal Association
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- Electricity Authority, New Zealand
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- Gujarat Mineral Development Corp Ltd - India
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- Dalmia Cement Bharat India
- Carbofer General Trading SA - India
- Altura Mining Limited, Indonesia
- Indonesian Coal Mining Association
- Makarim & Taira - Indonesia
- Sical Logistics Limited - India
- Anglo American - United Kingdom
- Wood Mackenzie - Singapore
- Alfred C Toepfer International GmbH - Germany
- Goldman Sachs - Singapore
- Coalindo Energy - Indonesia
- Lanco Infratech Ltd - India
- Wilmar Investment Holdings
- Bhushan Steel Limited - India
- Borneo Indobara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Chamber of Mines of South Africa
- Xindia Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Deloitte Consulting - India
- McConnell Dowell - Australia
- Parliament of New Zealand
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- White Energy Company Limited
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- SMG Consultants - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Eastern Coal Council - USA
- Ministry of Transport, Egypt
- ASAPP Information Group - India
- Agrawal Coal Company - India
- Marubeni Corporation - India
- Aditya Birla Group - India
- Uttam Galva Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Cement Manufacturers Association - India
- Bulk Trading Sa - Switzerland
- Vedanta Resources Plc - India
- Larsen & Toubro Limited - India
- Samtan Co., Ltd - South Korea
- Maheswari Brothers Coal Limited - India
- Metalloyd Limited - United Kingdom
- Standard Chartered Bank - UAE
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- Coastal Gujarat Power Limited - India
- Interocean Group of Companies - India
- Global Coal Blending Company Limited - Australia
- Latin American Coal - Colombia
- Rio Tinto Coal - Australia
- Gujarat Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Globalindo Alam Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Independent Power Producers Association of India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Renaissance Capital - South Africa
- Port Waratah Coal Services - Australia
- Petron Corporation, Philippines
- Indian Oil Corporation Limited
- Salva Resources Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
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- Bukit Makmur.PT - Indonesia
- Bharathi Cement Corporation - India
- Economic Council, Georgia
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- Barasentosa Lestari - Indonesia
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- Bayan Resources Tbk. - Indonesia
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- Kideco Jaya Agung - Indonesia
- Intertek Mineral Services - Indonesia
- CIMB Investment Bank - Malaysia
- Antam Resourcindo - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Savvy Resources Ltd - HongKong
- Formosa Plastics Group - Taiwan
- Merrill Lynch Commodities Europe
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- Maharashtra Electricity Regulatory Commission - India
- Bhatia International Limited - India
- IHS Mccloskey Coal Group - USA
- Eastern Energy - Thailand
- Kaltim Prima Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Mintek Dendrill Indonesia
- Edison Trading Spa - Italy
- Kobexindo Tractors - Indoneisa
- SMC Global Power, Philippines
- Ministry of Mines - Canada
- Mercuria Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Jaiprakash Power Ventures ltd
- Minerals Council of Australia
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- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
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- London Commodity Brokers - England
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