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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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- Vizag Seaport Private Limited - India
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- Bhoruka Overseas - Indonesia
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- Commonwealth Bank - Australia
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- Tata Chemicals Ltd - India
- Grasim Industreis Ltd - India
- Banpu Public Company Limited - Thailand
- Central Electricity Authority - India
- Manunggal Multi Energi - Indonesia
- Marubeni Corporation - India
- International Coal Ventures Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Global Coal Blending Company Limited - Australia
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- Kartika Selabumi Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Trasteel International SA, Italy
- Semirara Mining and Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Eastern Energy - Thailand
- PNOC Exploration Corporation - Philippines
- Georgia Ports Authority, United States
- Indika Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- PetroVietnam Power Coal Import and Supply Company
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- Energy Link Ltd, New Zealand
- Minerals Council of Australia
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- Chettinad Cement Corporation Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Petrochimia International Co. Ltd.- Taiwan
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- Jindal Steel & Power Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dalmia Cement Bharat India
- Samtan Co., Ltd - South Korea
- Maharashtra Electricity Regulatory Commission - India
- SMC Global Power, Philippines
- TeaM Sual Corporation - Philippines
- MS Steel International - UAE
- Metalloyd Limited - United Kingdom
- Eastern Coal Council - USA
- Indo Tambangraya Megah - Indonesia
- Oldendorff Carriers - Singapore
- Parry Sugars Refinery, India
- Toyota Tsusho Corporation, Japan
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- Kumho Petrochemical, South Korea
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- SMG Consultants - Indonesia
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- Tamil Nadu electricity Board
- Africa Commodities Group - South Africa
- Riau Bara Harum - Indonesia
- IHS Mccloskey Coal Group - USA
- Simpson Spence & Young - Indonesia
- ASAPP Information Group - India
- Anglo American - United Kingdom
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Cement Manufacturers Association - India
- Kideco Jaya Agung - Indonesia
- Singapore Mercantile Exchange
- London Commodity Brokers - England
- Bayan Resources Tbk. - Indonesia
- McConnell Dowell - Australia
- Intertek Mineral Services - Indonesia
- Thai Mozambique Logistica
- Coalindo Energy - Indonesia
- Posco Energy - South Korea
- Price Waterhouse Coopers - Russia
- Global Green Power PLC Corporation, Philippines
- Central Java Power - Indonesia
- GMR Energy Limited - India
- Gujarat Sidhee Cement - India
- CNBM International Corporation - China
- Uttam Galva Steels Limited - India
- India Bulls Power Limited - India
- Maheswari Brothers Coal Limited - India
- Sical Logistics Limited - India
- Leighton Contractors Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- Bhatia International Limited - India
- Australian Commodity Traders Exchange
- Altura Mining Limited, Indonesia
- Straits Asia Resources Limited - Singapore
- Therma Luzon, Inc, Philippines
- Thiess Contractors Indonesia
- The Treasury - Australian Government
- Bahari Cakrawala Sebuku - Indonesia
- Australian Coal Association
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- Energy Development Corp, Philippines
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- New Zealand Coal & Carbon
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- Romanian Commodities Exchange
- Indonesian Coal Mining Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mjunction Services Limited - India
- Aboitiz Power Corporation - Philippines
- Ministry of Mines - Canada
- Pendopo Energi Batubara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sakthi Sugars Limited - India
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- Kobexindo Tractors - Indoneisa
- Directorate Of Revenue Intelligence - India
- Sinarmas Energy and Mining - Indonesia
- Heidelberg Cement - Germany
- Baramulti Group, Indonesia
- Chamber of Mines of South Africa
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- Petron Corporation, Philippines
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- The State Trading Corporation of India Ltd
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- Ministry of Finance - Indonesia
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- Interocean Group of Companies - India
- Globalindo Alam Lestari - Indonesia
- Semirara Mining Corp, Philippines
- Goldman Sachs - Singapore
- Siam City Cement - Thailand
- ICICI Bank Limited - India
- Port Waratah Coal Services - Australia
- Miang Besar Coal Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Parliament of New Zealand
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