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Friday, 14 August 09
INDONESIA COAL-PRICES FALL TO $74, INDIA EYES SEPT CARGOES
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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- TeaM Sual Corporation - Philippines
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- Romanian Commodities Exchange
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- Rio Tinto Coal - Australia
- Madhucon Powers Ltd - India
- Mercuria Energy - Indonesia
- SMC Global Power, Philippines
- Toyota Tsusho Corporation, Japan
- Electricity Generating Authority of Thailand
- Commonwealth Bank - Australia
- Pendopo Energi Batubara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- PetroVietnam Power Coal Import and Supply Company
- Global Coal Blending Company Limited - Australia
- Directorate Of Revenue Intelligence - India
- Economic Council, Georgia
- Intertek Mineral Services - Indonesia
- ASAPP Information Group - India
- Maharashtra Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- Grasim Industreis Ltd - India
- European Bulk Services B.V. - Netherlands
- Indian Energy Exchange, India
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- LBH Netherlands Bv - Netherlands
- Kumho Petrochemical, South Korea
- Kohat Cement Company Ltd. - Pakistan
- Essar Steel Hazira Ltd - India
- GVK Power & Infra Limited - India
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- Interocean Group of Companies - India
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- Australian Commodity Traders Exchange
- Wood Mackenzie - Singapore
- Sarangani Energy Corporation, Philippines
- Edison Trading Spa - Italy
- The University of Queensland
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- Cement Manufacturers Association - India
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- Barasentosa Lestari - Indonesia
- Ambuja Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- ICICI Bank Limited - India
- Binh Thuan Hamico - Vietnam
- Medco Energi Mining Internasional
- Petrochimia International Co. Ltd.- Taiwan
- Uttam Galva Steels Limited - India
- Samtan Co., Ltd - South Korea
- India Bulls Power Limited - India
- Jaiprakash Power Ventures ltd
- Billiton Holdings Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Sree Jayajothi Cements Limited - India
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- OPG Power Generation Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Electricity Authority, New Zealand
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- Rashtriya Ispat Nigam Limited - India
- Orica Mining Services - Indonesia
- Makarim & Taira - Indonesia
- Heidelberg Cement - Germany
- Jindal Steel & Power Ltd - India
- Gujarat Sidhee Cement - India
- Miang Besar Coal Terminal - Indonesia
- Parliament of New Zealand
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- Siam City Cement - Thailand
- Renaissance Capital - South Africa
- Marubeni Corporation - India
- Banpu Public Company Limited - Thailand
- Kartika Selabumi Mining - Indonesia
- Aditya Birla Group - India
- Xindia Steels Limited - India
- Power Finance Corporation Ltd., India
- Kapuas Tunggal Persada - Indonesia
- Malabar Cements Ltd - India
- Eastern Coal Council - USA
- Larsen & Toubro Limited - India
- Straits Asia Resources Limited - Singapore
- Posco Energy - South Korea
- Coastal Gujarat Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- GN Power Mariveles Coal Plant, Philippines
- Leighton Contractors Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Formosa Plastics Group - Taiwan
- Price Waterhouse Coopers - Russia
- PowerSource Philippines DevCo
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- Kaltim Prima Coal - Indonesia
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- Jorong Barutama Greston.PT - Indonesia
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- Indian Oil Corporation Limited
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- VISA Power Limited - India
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- Australian Coal Association
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- Sakthi Sugars Limited - India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Georgia Ports Authority, United States
- Oldendorff Carriers - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Africa Commodities Group - South Africa
- Indika Energy - Indonesia
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- Bangladesh Power Developement Board
- Minerals Council of Australia
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- Semirara Mining Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- MS Steel International - UAE
- Coal and Oil Company - UAE
- IEA Clean Coal Centre - UK
- Global Business Power Corporation, Philippines
- Planning Commission, India
- Manunggal Multi Energi - Indonesia
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- Standard Chartered Bank - UAE
- Sindya Power Generating Company Private Ltd
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- Bhoruka Overseas - Indonesia
- Videocon Industries ltd - India
- Attock Cement Pakistan Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Therma Luzon, Inc, Philippines
- Sical Logistics Limited - India
- New Zealand Coal & Carbon
- Maheswari Brothers Coal Limited - India
- Ministry of Transport, Egypt
- The Treasury - Australian Government
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- Bharathi Cement Corporation - India
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- Orica Australia Pty. Ltd.
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- Siam City Cement PLC, Thailand
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- Aboitiz Power Corporation - Philippines
- Dalmia Cement Bharat India
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- Singapore Mercantile Exchange
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- Bayan Resources Tbk. - Indonesia
- Energy Link Ltd, New Zealand
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- Ministry of Mines - Canada
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- Tamil Nadu electricity Board
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