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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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- Altura Mining Limited, Indonesia
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- New Zealand Coal & Carbon
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- The University of Queensland
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- Antam Resourcindo - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- IHS Mccloskey Coal Group - USA
- Iligan Light & Power Inc, Philippines
- Carbofer General Trading SA - India
- The State Trading Corporation of India Ltd
- Ceylon Electricity Board - Sri Lanka
- Indian Oil Corporation Limited
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- Independent Power Producers Association of India
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- Mercuria Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Aditya Birla Group - India
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- Merrill Lynch Commodities Europe
- Globalindo Alam Lestari - Indonesia
- MS Steel International - UAE
- Pendopo Energi Batubara - Indonesia
- White Energy Company Limited
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- Australian Coal Association
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- Romanian Commodities Exchange
- Bhatia International Limited - India
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- TeaM Sual Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Dalmia Cement Bharat India
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- CNBM International Corporation - China
- Bulk Trading Sa - Switzerland
- Mjunction Services Limited - India
- Wilmar Investment Holdings
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- Directorate General of MIneral and Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sree Jayajothi Cements Limited - India
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- Simpson Spence & Young - Indonesia
- Australian Commodity Traders Exchange
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- Cement Manufacturers Association - India
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- Power Finance Corporation Ltd., India
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- Maharashtra Electricity Regulatory Commission - India
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- Economic Council, Georgia
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- Miang Besar Coal Terminal - Indonesia
- Baramulti Group, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- Parliament of New Zealand
- Ministry of Transport, Egypt
- GVK Power & Infra Limited - India
- Central Electricity Authority - India
- Barasentosa Lestari - Indonesia
- Malabar Cements Ltd - India
- Tamil Nadu electricity Board
- TNB Fuel Sdn Bhd - Malaysia
- San Jose City I Power Corp, Philippines
- The Treasury - Australian Government
- India Bulls Power Limited - India
- Orica Australia Pty. Ltd.
- Videocon Industries ltd - India
- Semirara Mining and Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Ministry of Finance - Indonesia
- Georgia Ports Authority, United States
- PNOC Exploration Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- LBH Netherlands Bv - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jaiprakash Power Ventures ltd
- SMC Global Power, Philippines
- South Luzon Thermal Energy Corporation
- Chamber of Mines of South Africa
- Sojitz Corporation - Japan
- Asmin Koalindo Tuhup - Indonesia
- Bangladesh Power Developement Board
- McConnell Dowell - Australia
- Bhushan Steel Limited - India
- Edison Trading Spa - Italy
- ASAPP Information Group - India
- Sindya Power Generating Company Private Ltd
- Indika Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- London Commodity Brokers - England
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- Planning Commission, India
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- Madhucon Powers Ltd - India
- Standard Chartered Bank - UAE
- Deloitte Consulting - India
- Minerals Council of Australia
- Marubeni Corporation - India
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- International Coal Ventures Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Samtan Co., Ltd - South Korea
- Binh Thuan Hamico - Vietnam
- Kumho Petrochemical, South Korea
- Commonwealth Bank - Australia
- Petron Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Billiton Holdings Pty Ltd - Australia
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- Agrawal Coal Company - India
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- Meralco Power Generation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Eastern Coal Council - USA
- Siam City Cement - Thailand
- Goldman Sachs - Singapore
- Ministry of Mines - Canada
- Bharathi Cement Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- IEA Clean Coal Centre - UK
- Kapuas Tunggal Persada - Indonesia
- Directorate Of Revenue Intelligence - India
- PowerSource Philippines DevCo
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Alfred C Toepfer International GmbH - Germany
- Savvy Resources Ltd - HongKong
- Thiess Contractors Indonesia
- Leighton Contractors Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Interocean Group of Companies - India
- Larsen & Toubro Limited - India
- Africa Commodities Group - South Africa
- Mercator Lines Limited - India
- Renaissance Capital - South Africa
- Thai Mozambique Logistica
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- Electricity Generating Authority of Thailand
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- Trasteel International SA, Italy
- Coal and Oil Company - UAE
- Mintek Dendrill Indonesia
- Parry Sugars Refinery, India
- Essar Steel Hazira Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Straits Asia Resources Limited - Singapore
- Petrochimia International Co. Ltd.- Taiwan
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