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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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- Samtan Co., Ltd - South Korea
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- Planning Commission, India
- Indo Tambangraya Megah - Indonesia
- Bukit Makmur.PT - Indonesia
- Economic Council, Georgia
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- Vizag Seaport Private Limited - India
- Iligan Light & Power Inc, Philippines
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- Indonesian Coal Mining Association
- Karaikal Port Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Kumho Petrochemical, South Korea
- Commonwealth Bank - Australia
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- Meralco Power Generation, Philippines
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- Eastern Energy - Thailand
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- SMG Consultants - Indonesia
- CIMB Investment Bank - Malaysia
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- Orica Mining Services - Indonesia
- McConnell Dowell - Australia
- Global Coal Blending Company Limited - Australia
- Siam City Cement - Thailand
- Tata Chemicals Ltd - India
- Bayan Resources Tbk. - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Electricity Authority - India
- Madhucon Powers Ltd - India
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- Bukit Baiduri Energy - Indonesia
- Savvy Resources Ltd - HongKong
- San Jose City I Power Corp, Philippines
- Georgia Ports Authority, United States
- Jorong Barutama Greston.PT - Indonesia
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- Binh Thuan Hamico - Vietnam
- Gujarat Sidhee Cement - India
- Tamil Nadu electricity Board
- Sree Jayajothi Cements Limited - India
- Antam Resourcindo - Indonesia
- Bulk Trading Sa - Switzerland
- Parliament of New Zealand
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- Marubeni Corporation - India
- Kartika Selabumi Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- Standard Chartered Bank - UAE
- Edison Trading Spa - Italy
- Barasentosa Lestari - Indonesia
- Altura Mining Limited, Indonesia
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- Pipit Mutiara Jaya. PT, Indonesia
- Meenaskhi Energy Private Limited - India
- Australian Coal Association
- Wood Mackenzie - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Finance - Indonesia
- PowerSource Philippines DevCo
- IHS Mccloskey Coal Group - USA
- Aboitiz Power Corporation - Philippines
- Lanco Infratech Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Rashtriya Ispat Nigam Limited - India
- Ind-Barath Power Infra Limited - India
- Singapore Mercantile Exchange
- Makarim & Taira - Indonesia
- Indian Oil Corporation Limited
- Chettinad Cement Corporation Ltd - India
- Ministry of Transport, Egypt
- Bangladesh Power Developement Board
- New Zealand Coal & Carbon
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jindal Steel & Power Ltd - India
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- PTC India Limited - India
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- Intertek Mineral Services - Indonesia
- Orica Australia Pty. Ltd.
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- Australian Commodity Traders Exchange
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- Parry Sugars Refinery, India
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- Formosa Plastics Group - Taiwan
- OPG Power Generation Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- ICICI Bank Limited - India
- Bhoruka Overseas - Indonesia
- Krishnapatnam Port Company Ltd. - India
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- Neyveli Lignite Corporation Ltd, - India
- Merrill Lynch Commodities Europe
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- Coalindo Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TeaM Sual Corporation - Philippines
- Coal and Oil Company - UAE
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- Indian Energy Exchange, India
- Leighton Contractors Pty Ltd - Australia
- Heidelberg Cement - Germany
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- Kideco Jaya Agung - Indonesia
- AsiaOL BioFuels Corp., Philippines
- GAC Shipping (India) Pvt Ltd
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- Carbofer General Trading SA - India
- Ministry of Mines - Canada
- Xindia Steels Limited - India
- Videocon Industries ltd - India
- Grasim Industreis Ltd - India
- Minerals Council of Australia
- GMR Energy Limited - India
- Energy Link Ltd, New Zealand
- Oldendorff Carriers - Singapore
- Renaissance Capital - South Africa
- Cement Manufacturers Association - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chamber of Mines of South Africa
- Miang Besar Coal Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- The State Trading Corporation of India Ltd
- Power Finance Corporation Ltd., India
- Semirara Mining Corp, Philippines
- Siam City Cement PLC, Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Borneo Indobara - Indonesia
- Africa Commodities Group - South Africa
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- MS Steel International - UAE
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- Wilmar Investment Holdings
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- IEA Clean Coal Centre - UK
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- Thiess Contractors Indonesia
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- Billiton Holdings Pty Ltd - Australia
- White Energy Company Limited
- Sinarmas Energy and Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- LBH Netherlands Bv - Netherlands
- The University of Queensland
- Ambuja Cements Ltd - India
- Goldman Sachs - Singapore
- Kaltim Prima Coal - Indonesia
- Bhatia International Limited - India
- Alfred C Toepfer International GmbH - Germany
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- Medco Energi Mining Internasional
- Metalloyd Limited - United Kingdom
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