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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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- Electricity Authority, New Zealand
- Economic Council, Georgia
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- Neyveli Lignite Corporation Ltd, - India
- Aditya Birla Group - India
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- SN Aboitiz Power Inc, Philippines
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- Global Coal Blending Company Limited - Australia
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
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- Attock Cement Pakistan Limited
- The University of Queensland
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- Energy Development Corp, Philippines
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- Meenaskhi Energy Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parliament of New Zealand
- Tata Chemicals Ltd - India
- Bharathi Cement Corporation - India
- Electricity Generating Authority of Thailand
- Asmin Koalindo Tuhup - Indonesia
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- CNBM International Corporation - China
- Rio Tinto Coal - Australia
- Siam City Cement - Thailand
- Toyota Tsusho Corporation, Japan
- Eastern Coal Council - USA
- Semirara Mining and Power Corporation, Philippines
- India Bulls Power Limited - India
- Marubeni Corporation - India
- Pendopo Energi Batubara - Indonesia
- Wood Mackenzie - Singapore
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- Energy Link Ltd, New Zealand
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- Romanian Commodities Exchange
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- Madhucon Powers Ltd - India
- Deloitte Consulting - India
- Australian Coal Association
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- Bayan Resources Tbk. - Indonesia
- Standard Chartered Bank - UAE
- PowerSource Philippines DevCo
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Mines - Canada
- TNB Fuel Sdn Bhd - Malaysia
- Coal and Oil Company - UAE
- Kohat Cement Company Ltd. - Pakistan
- Bhatia International Limited - India
- Indian Oil Corporation Limited
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- Sinarmas Energy and Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Wilmar Investment Holdings
- Merrill Lynch Commodities Europe
- Thiess Contractors Indonesia
- Indogreen Group - Indonesia
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- Cigading International Bulk Terminal - Indonesia
- Medco Energi Mining Internasional
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- Simpson Spence & Young - Indonesia
- Globalindo Alam Lestari - Indonesia
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- Bukit Makmur.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Ministry of Finance - Indonesia
- Orica Australia Pty. Ltd.
- Bangladesh Power Developement Board
- Ceylon Electricity Board - Sri Lanka
- Maheswari Brothers Coal Limited - India
- GVK Power & Infra Limited - India
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- Directorate General of MIneral and Coal - Indonesia
- Mintek Dendrill Indonesia
- Timah Investasi Mineral - Indoneisa
- Independent Power Producers Association of India
- IHS Mccloskey Coal Group - USA
- Posco Energy - South Korea
- Siam City Cement PLC, Thailand
- Eastern Energy - Thailand
- Star Paper Mills Limited - India
- Petron Corporation, Philippines
- Port Waratah Coal Services - Australia
- Goldman Sachs - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Anglo American - United Kingdom
- Sakthi Sugars Limited - India
- Ind-Barath Power Infra Limited - India
- PTC India Limited - India
- Georgia Ports Authority, United States
- Borneo Indobara - Indonesia
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- Alfred C Toepfer International GmbH - Germany
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- Heidelberg Cement - Germany
- Holcim Trading Pte Ltd - Singapore
- Kobexindo Tractors - Indoneisa
- Manunggal Multi Energi - Indonesia
- Price Waterhouse Coopers - Russia
- Commonwealth Bank - Australia
- Savvy Resources Ltd - HongKong
- Karbindo Abesyapradhi - Indoneisa
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- Sojitz Corporation - Japan
- Oldendorff Carriers - Singapore
- Agrawal Coal Company - India
- MS Steel International - UAE
- Essar Steel Hazira Ltd - India
- OPG Power Generation Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Orica Mining Services - Indonesia
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- CIMB Investment Bank - Malaysia
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- SMC Global Power, Philippines
- Barasentosa Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Leighton Contractors Pty Ltd - Australia
- Renaissance Capital - South Africa
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- Pipit Mutiara Jaya. PT, Indonesia
- London Commodity Brokers - England
- Africa Commodities Group - South Africa
- Chettinad Cement Corporation Ltd - India
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- Intertek Mineral Services - Indonesia
- Latin American Coal - Colombia
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- Edison Trading Spa - Italy
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- Minerals Council of Australia
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- Binh Thuan Hamico - Vietnam
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- Kartika Selabumi Mining - Indonesia
- Interocean Group of Companies - India
- IEA Clean Coal Centre - UK
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- Indian Energy Exchange, India
- The Treasury - Australian Government
- Chamber of Mines of South Africa
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