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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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- Oldendorff Carriers - Singapore
- Aditya Birla Group - India
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- Bulk Trading Sa - Switzerland
- Jindal Steel & Power Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- Romanian Commodities Exchange
- Orica Australia Pty. Ltd.
- Sakthi Sugars Limited - India
- Medco Energi Mining Internasional
- Global Coal Blending Company Limited - Australia
- Ceylon Electricity Board - Sri Lanka
- Salva Resources Pvt Ltd - India
- Indika Energy - Indonesia
- Xindia Steels Limited - India
- Electricity Authority, New Zealand
- Semirara Mining and Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Bahari Cakrawala Sebuku - Indonesia
- European Bulk Services B.V. - Netherlands
- Mercator Lines Limited - India
- International Coal Ventures Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Globalindo Alam Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Finance - Indonesia
- Wood Mackenzie - Singapore
- Bhatia International Limited - India
- Africa Commodities Group - South Africa
- New Zealand Coal & Carbon
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- Kapuas Tunggal Persada - Indonesia
- Indogreen Group - Indonesia
- Intertek Mineral Services - Indonesia
- Coal and Oil Company - UAE
- Edison Trading Spa - Italy
- Rashtriya Ispat Nigam Limited - India
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- London Commodity Brokers - England
- Renaissance Capital - South Africa
- Uttam Galva Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Bhushan Steel Limited - India
- Manunggal Multi Energi - Indonesia
- Power Finance Corporation Ltd., India
- Vedanta Resources Plc - India
- Central Java Power - Indonesia
- Baramulti Group, Indonesia
- OPG Power Generation Pvt Ltd - India
- Coalindo Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Indonesian Coal Mining Association
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- Mintek Dendrill Indonesia
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- PTC India Limited - India
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- PNOC Exploration Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Australian Coal Association
- Bharathi Cement Corporation - India
- Posco Energy - South Korea
- Malabar Cements Ltd - India
- Global Business Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- GAC Shipping (India) Pvt Ltd
- Ministry of Transport, Egypt
- Sojitz Corporation - Japan
- Sical Logistics Limited - India
- Star Paper Mills Limited - India
- Essar Steel Hazira Ltd - India
- Planning Commission, India
- Pipit Mutiara Jaya. PT, Indonesia
- Mjunction Services Limited - India
- Central Electricity Authority - India
- Dalmia Cement Bharat India
- Australian Commodity Traders Exchange
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- SMG Consultants - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ind-Barath Power Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- ICICI Bank Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Singapore Mercantile Exchange
- South Luzon Thermal Energy Corporation
- Independent Power Producers Association of India
- Videocon Industries ltd - India
- Krishnapatnam Port Company Ltd. - India
- Borneo Indobara - Indonesia
- India Bulls Power Limited - India
- Anglo American - United Kingdom
- Energy Development Corp, Philippines
- GVK Power & Infra Limited - India
- Standard Chartered Bank - UAE
- Meralco Power Generation, Philippines
- Sree Jayajothi Cements Limited - India
- Toyota Tsusho Corporation, Japan
- Cigading International Bulk Terminal - Indonesia
- Latin American Coal - Colombia
- Eastern Coal Council - USA
- Maheswari Brothers Coal Limited - India
- Parliament of New Zealand
- Larsen & Toubro Limited - India
- Chamber of Mines of South Africa
- Kumho Petrochemical, South Korea
- Sarangani Energy Corporation, Philippines
- Goldman Sachs - Singapore
- Ministry of Mines - Canada
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- Makarim & Taira - Indonesia
- The University of Queensland
- Siam City Cement - Thailand
- Cement Manufacturers Association - India
- GMR Energy Limited - India
- SMC Global Power, Philippines
- Agrawal Coal Company - India
- Tamil Nadu electricity Board
- Leighton Contractors Pty Ltd - Australia
- VISA Power Limited - India
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- Merrill Lynch Commodities Europe
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- Formosa Plastics Group - Taiwan
- Wilmar Investment Holdings
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- Bhoruka Overseas - Indonesia
- Minerals Council of Australia
- Electricity Generating Authority of Thailand
- Grasim Industreis Ltd - India
- Price Waterhouse Coopers - Russia
- Antam Resourcindo - Indonesia
- Indian Energy Exchange, India
- ASAPP Information Group - India
- Deloitte Consulting - India
- AsiaOL BioFuels Corp., Philippines
- CIMB Investment Bank - Malaysia
- Eastern Energy - Thailand
- Trasteel International SA, Italy
- CNBM International Corporation - China
- White Energy Company Limited
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- Holcim Trading Pte Ltd - Singapore
- Vizag Seaport Private Limited - India
- Thiess Contractors Indonesia
- Bangladesh Power Developement Board
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- The Treasury - Australian Government
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- Marubeni Corporation - India
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- Kohat Cement Company Ltd. - Pakistan
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- Siam City Cement PLC, Thailand
- Economic Council, Georgia
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- Petron Corporation, Philippines
- Altura Mining Limited, Indonesia
- McConnell Dowell - Australia
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- Alfred C Toepfer International GmbH - Germany
- TNB Fuel Sdn Bhd - Malaysia
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- Sindya Power Generating Company Private Ltd
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- Carbofer General Trading SA - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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