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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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- Sojitz Corporation - Japan
- Manunggal Multi Energi - Indonesia
- Xindia Steels Limited - India
- Samtan Co., Ltd - South Korea
- Lanco Infratech Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Aboitiz Power Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Krishnapatnam Port Company Ltd. - India
- Standard Chartered Bank - UAE
- Renaissance Capital - South Africa
- Binh Thuan Hamico - Vietnam
- VISA Power Limited - India
- Cement Manufacturers Association - India
- Banpu Public Company Limited - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Latin American Coal - Colombia
- Minerals Council of Australia
- Bukit Baiduri Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bhatia International Limited - India
- SMC Global Power, Philippines
- IEA Clean Coal Centre - UK
- Altura Mining Limited, Indonesia
- Kaltim Prima Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Oldendorff Carriers - Singapore
- Rio Tinto Coal - Australia
- Kideco Jaya Agung - Indonesia
- CIMB Investment Bank - Malaysia
- Ministry of Mines - Canada
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Attock Cement Pakistan Limited
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- Trasteel International SA, Italy
- Gujarat Electricity Regulatory Commission - India
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- Planning Commission, India
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- Intertek Mineral Services - Indonesia
- Siam City Cement - Thailand
- LBH Netherlands Bv - Netherlands
- Tata Chemicals Ltd - India
- Aditya Birla Group - India
- Maharashtra Electricity Regulatory Commission - India
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- Larsen & Toubro Limited - India
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- The Treasury - Australian Government
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- Global Business Power Corporation, Philippines
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- Global Coal Blending Company Limited - Australia
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- Indonesian Coal Mining Association
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- Coastal Gujarat Power Limited - India
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
- Gujarat Sidhee Cement - India
- Mercator Lines Limited - India
- Kobexindo Tractors - Indoneisa
- Edison Trading Spa - Italy
- Ambuja Cements Ltd - India
- Mintek Dendrill Indonesia
- Maheswari Brothers Coal Limited - India
- Energy Development Corp, Philippines
- Essar Steel Hazira Ltd - India
- Straits Asia Resources Limited - Singapore
- India Bulls Power Limited - India
- London Commodity Brokers - England
- Holcim Trading Pte Ltd - Singapore
- Iligan Light & Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Power Finance Corporation Ltd., India
- GMR Energy Limited - India
- ASAPP Information Group - India
- Salva Resources Pvt Ltd - India
- Central Electricity Authority - India
- Pendopo Energi Batubara - Indonesia
- Dalmia Cement Bharat India
- Agrawal Coal Company - India
- Eastern Energy - Thailand
- European Bulk Services B.V. - Netherlands
- Sree Jayajothi Cements Limited - India
- Savvy Resources Ltd - HongKong
- Formosa Plastics Group - Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Vedanta Resources Plc - India
- Bahari Cakrawala Sebuku - Indonesia
- Interocean Group of Companies - India
- Australian Coal Association
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- Directorate General of MIneral and Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thiess Contractors Indonesia
- Wood Mackenzie - Singapore
- Mercuria Energy - Indonesia
- Indogreen Group - Indonesia
- Jindal Steel & Power Ltd - India
- Bhoruka Overseas - Indonesia
- Indian Oil Corporation Limited
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- Africa Commodities Group - South Africa
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- The State Trading Corporation of India Ltd
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- Electricity Authority, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sical Logistics Limited - India
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- Videocon Industries ltd - India
- Ministry of Transport, Egypt
- Rashtriya Ispat Nigam Limited - India
- Directorate Of Revenue Intelligence - India
- Mjunction Services Limited - India
- Metalloyd Limited - United Kingdom
- Singapore Mercantile Exchange
- Chettinad Cement Corporation Ltd - India
- Simpson Spence & Young - Indonesia
- Goldman Sachs - Singapore
- Medco Energi Mining Internasional
- Ind-Barath Power Infra Limited - India
- Commonwealth Bank - Australia
- Port Waratah Coal Services - Australia
- ICICI Bank Limited - India
- Borneo Indobara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Coal and Oil Company - UAE
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- Energy Link Ltd, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Australian Commodity Traders Exchange
- Antam Resourcindo - Indonesia
- IHS Mccloskey Coal Group - USA
- Malabar Cements Ltd - India
- Kumho Petrochemical, South Korea
- Economic Council, Georgia
- Bhushan Steel Limited - India
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- Siam City Cement PLC, Thailand
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- Merrill Lynch Commodities Europe
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- Chamber of Mines of South Africa
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- McConnell Dowell - Australia
- The University of Queensland
- Electricity Generating Authority of Thailand
- PTC India Limited - India
- Barasentosa Lestari - Indonesia
- Madhucon Powers Ltd - India
- GAC Shipping (India) Pvt Ltd
- Independent Power Producers Association of India
- Timah Investasi Mineral - Indoneisa
- Bangladesh Power Developement Board
- GVK Power & Infra Limited - India
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- Bulk Trading Sa - Switzerland
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- Parliament of New Zealand
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