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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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- Meralco Power Generation, Philippines
- White Energy Company Limited
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- Meenaskhi Energy Private Limited - India
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- Energy Development Corp, Philippines
- Wood Mackenzie - Singapore
- IEA Clean Coal Centre - UK
- McConnell Dowell - Australia
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- Directorate Of Revenue Intelligence - India
- Indian Oil Corporation Limited
- Makarim & Taira - Indonesia
- Ambuja Cements Ltd - India
- Manunggal Multi Energi - Indonesia
- Kumho Petrochemical, South Korea
- Orica Mining Services - Indonesia
- Attock Cement Pakistan Limited
- Videocon Industries ltd - India
- Eastern Coal Council - USA
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- Kartika Selabumi Mining - Indonesia
- Eastern Energy - Thailand
- Gujarat Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Tamil Nadu electricity Board
- Parliament of New Zealand
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- GN Power Mariveles Coal Plant, Philippines
- Goldman Sachs - Singapore
- Uttam Galva Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Port Waratah Coal Services - Australia
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- Ministry of Finance - Indonesia
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- New Zealand Coal & Carbon
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- Coal and Oil Company - UAE
- Petron Corporation, Philippines
- Riau Bara Harum - Indonesia
- Standard Chartered Bank - UAE
- MS Steel International - UAE
- Price Waterhouse Coopers - Russia
- Sakthi Sugars Limited - India
- Edison Trading Spa - Italy
- Planning Commission, India
- Madhucon Powers Ltd - India
- Deloitte Consulting - India
- Aditya Birla Group - India
- Binh Thuan Hamico - Vietnam
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- Samtan Co., Ltd - South Korea
- Bulk Trading Sa - Switzerland
- Metalloyd Limited - United Kingdom
- Georgia Ports Authority, United States
- Maheswari Brothers Coal Limited - India
- Billiton Holdings Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Minerals Council of Australia
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- Ind-Barath Power Infra Limited - India
- Formosa Plastics Group - Taiwan
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- Coastal Gujarat Power Limited - India
- CNBM International Corporation - China
- International Coal Ventures Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Energy Exchange, India
- Ministry of Mines - Canada
- Indogreen Group - Indonesia
- Malabar Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Sical Logistics Limited - India
- Power Finance Corporation Ltd., India
- Borneo Indobara - Indonesia
- Merrill Lynch Commodities Europe
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- Orica Australia Pty. Ltd.
- Trasteel International SA, Italy
- Cement Manufacturers Association - India
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- Asmin Koalindo Tuhup - Indonesia
- CIMB Investment Bank - Malaysia
- Antam Resourcindo - Indonesia
- The Treasury - Australian Government
- Savvy Resources Ltd - HongKong
- Pendopo Energi Batubara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Economic Council, Georgia
- Intertek Mineral Services - Indonesia
- Bhushan Steel Limited - India
- Leighton Contractors Pty Ltd - Australia
- Tata Chemicals Ltd - India
- The University of Queensland
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- Sree Jayajothi Cements Limited - India
- Bukit Makmur.PT - Indonesia
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- Africa Commodities Group - South Africa
- Banpu Public Company Limited - Thailand
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- PNOC Exploration Corporation - Philippines
- Indonesian Coal Mining Association
- Gujarat Mineral Development Corp Ltd - India
- Indika Energy - Indonesia
- Posco Energy - South Korea
- Bhoruka Overseas - Indonesia
- Commonwealth Bank - Australia
- Global Coal Blending Company Limited - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Salva Resources Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Rashtriya Ispat Nigam Limited - India
- Kideco Jaya Agung - Indonesia
- San Jose City I Power Corp, Philippines
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- Jaiprakash Power Ventures ltd
- Semirara Mining Corp, Philippines
- ASAPP Information Group - India
- Interocean Group of Companies - India
- PTC India Limited - India
- Bangladesh Power Developement Board
- Mercuria Energy - Indonesia
- Australian Coal Association
- Electricity Authority, New Zealand
- Straits Asia Resources Limited - Singapore
- Thai Mozambique Logistica
- Global Green Power PLC Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- The State Trading Corporation of India Ltd
- European Bulk Services B.V. - Netherlands
- Oldendorff Carriers - Singapore
- Agrawal Coal Company - India
- Anglo American - United Kingdom
- VISA Power Limited - India
- Sojitz Corporation - Japan
- Singapore Mercantile Exchange
- Romanian Commodities Exchange
- Renaissance Capital - South Africa
- Sindya Power Generating Company Private Ltd
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- Rio Tinto Coal - Australia
- Bharathi Cement Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
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- Barasentosa Lestari - Indonesia
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- Mintek Dendrill Indonesia
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- Bukit Baiduri Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
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- IHS Mccloskey Coal Group - USA
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- Electricity Generating Authority of Thailand
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Essar Steel Hazira Ltd - India
- Kepco SPC Power Corporation, Philippines
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- Vedanta Resources Plc - India
- GMR Energy Limited - India
- Simpson Spence & Young - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Ceylon Electricity Board - Sri Lanka
- Petrochimia International Co. Ltd.- Taiwan
- Medco Energi Mining Internasional
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
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