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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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- Formosa Plastics Group - Taiwan
- Borneo Indobara - Indonesia
- Siam City Cement - Thailand
- LBH Netherlands Bv - Netherlands
- India Bulls Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Altura Mining Limited, Indonesia
- Simpson Spence & Young - Indonesia
- Power Finance Corporation Ltd., India
- Merrill Lynch Commodities Europe
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining and Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Parliament of New Zealand
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- New Zealand Coal & Carbon
- Xindia Steels Limited - India
- Thai Mozambique Logistica
- Dalmia Cement Bharat India
- Kartika Selabumi Mining - Indonesia
- Antam Resourcindo - Indonesia
- Kepco SPC Power Corporation, Philippines
- The University of Queensland
- Essar Steel Hazira Ltd - India
- Bhoruka Overseas - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Finance - Indonesia
- Commonwealth Bank - Australia
- Ind-Barath Power Infra Limited - India
- Trasteel International SA, Italy
- Neyveli Lignite Corporation Ltd, - India
- PetroVietnam Power Coal Import and Supply Company
- Mjunction Services Limited - India
- ICICI Bank Limited - India
- GVK Power & Infra Limited - India
- Interocean Group of Companies - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Sical Logistics Limited - India
- Indian Energy Exchange, India
- Alfred C Toepfer International GmbH - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Mintek Dendrill Indonesia
- IHS Mccloskey Coal Group - USA
- Jaiprakash Power Ventures ltd
- Wood Mackenzie - Singapore
- Tamil Nadu electricity Board
- Chamber of Mines of South Africa
- Metalloyd Limited - United Kingdom
- Thiess Contractors Indonesia
- Energy Link Ltd, New Zealand
- Globalindo Alam Lestari - Indonesia
- Australian Coal Association
- Price Waterhouse Coopers - Russia
- Bhushan Steel Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMC Global Power, Philippines
- The State Trading Corporation of India Ltd
- Orica Mining Services - Indonesia
- Electricity Generating Authority of Thailand
- Sindya Power Generating Company Private Ltd
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- Eastern Energy - Thailand
- GMR Energy Limited - India
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- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- International Coal Ventures Pvt Ltd - India
- Mercator Lines Limited - India
- VISA Power Limited - India
- Aboitiz Power Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Intertek Mineral Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Wilmar Investment Holdings
- Africa Commodities Group - South Africa
- TeaM Sual Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Kaltim Prima Coal - Indonesia
- Cement Manufacturers Association - India
- Deloitte Consulting - India
- Siam City Cement PLC, Thailand
- Kobexindo Tractors - Indoneisa
- Renaissance Capital - South Africa
- Sakthi Sugars Limited - India
- Oldendorff Carriers - Singapore
- Sinarmas Energy and Mining - Indonesia
- Minerals Council of Australia
- Jindal Steel & Power Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Planning Commission, India
- Straits Asia Resources Limited - Singapore
- San Jose City I Power Corp, Philippines
- Bulk Trading Sa - Switzerland
- Sojitz Corporation - Japan
- TNB Fuel Sdn Bhd - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ambuja Cements Ltd - India
- IEA Clean Coal Centre - UK
- Indonesian Coal Mining Association
- Rio Tinto Coal - Australia
- Central Java Power - Indonesia
- SMG Consultants - Indonesia
- Salva Resources Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Global Green Power PLC Corporation, Philippines
- South Luzon Thermal Energy Corporation
- PTC India Limited - India
- Malabar Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Star Paper Mills Limited - India
- Global Coal Blending Company Limited - Australia
- Ministry of Mines - Canada
- Bukit Makmur.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- Coal and Oil Company - UAE
- Barasentosa Lestari - Indonesia
- Eastern Coal Council - USA
- Grasim Industreis Ltd - India
- Tata Chemicals Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- McConnell Dowell - Australia
- Samtan Co., Ltd - South Korea
- Orica Australia Pty. Ltd.
- Economic Council, Georgia
- Bangladesh Power Developement Board
- European Bulk Services B.V. - Netherlands
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- Therma Luzon, Inc, Philippines
- Indika Energy - Indonesia
- Edison Trading Spa - Italy
- Agrawal Coal Company - India
- Chettinad Cement Corporation Ltd - India
- Ceylon Electricity Board - Sri Lanka
- MS Steel International - UAE
- Manunggal Multi Energi - Indonesia
- Meralco Power Generation, Philippines
- Petron Corporation, Philippines
- The Treasury - Australian Government
- Gujarat Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- Posco Energy - South Korea
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- Ministry of Transport, Egypt
- Goldman Sachs - Singapore
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- PowerSource Philippines DevCo
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Madhucon Powers Ltd - India
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- Energy Development Corp, Philippines
- Bhatia International Limited - India
- Directorate General of MIneral and Coal - Indonesia
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- Standard Chartered Bank - UAE
- Marubeni Corporation - India
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- Vedanta Resources Plc - India
- Leighton Contractors Pty Ltd - Australia
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- Baramulti Group, Indonesia
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- Billiton Holdings Pty Ltd - Australia
- Bharathi Cement Corporation - India
- Electricity Authority, New Zealand
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