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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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- Makarim & Taira - Indonesia
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- Merrill Lynch Commodities Europe
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- Maheswari Brothers Coal Limited - India
- Orica Mining Services - Indonesia
- Wilmar Investment Holdings
- Salva Resources Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Chamber of Mines of South Africa
- IHS Mccloskey Coal Group - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Miang Besar Coal Terminal - Indonesia
- Australian Coal Association
- Therma Luzon, Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Ministry of Transport, Egypt
- Petrochimia International Co. Ltd.- Taiwan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sical Logistics Limited - India
- PTC India Limited - India
- Binh Thuan Hamico - Vietnam
- Bharathi Cement Corporation - India
- Global Business Power Corporation, Philippines
- Renaissance Capital - South Africa
- Singapore Mercantile Exchange
- Grasim Industreis Ltd - India
- Medco Energi Mining Internasional
- Australian Commodity Traders Exchange
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- Kepco SPC Power Corporation, Philippines
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- Thai Mozambique Logistica
- Ceylon Electricity Board - Sri Lanka
- Thiess Contractors Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Finance - Indonesia
- Jindal Steel & Power Ltd - India
- Carbofer General Trading SA - India
- Goldman Sachs - Singapore
- Sojitz Corporation - Japan
- European Bulk Services B.V. - Netherlands
- PNOC Exploration Corporation - Philippines
- Independent Power Producers Association of India
- Essar Steel Hazira Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Anglo American - United Kingdom
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- ICICI Bank Limited - India
- Trasteel International SA, Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karaikal Port Pvt Ltd - India
- SMC Global Power, Philippines
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- Indian Oil Corporation Limited
- Planning Commission, India
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- Pipit Mutiara Jaya. PT, Indonesia
- Cement Manufacturers Association - India
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- GAC Shipping (India) Pvt Ltd
- Leighton Contractors Pty Ltd - Australia
- Energy Development Corp, Philippines
- Mercuria Energy - Indonesia
- New Zealand Coal & Carbon
- Banpu Public Company Limited - Thailand
- TeaM Sual Corporation - Philippines
- Videocon Industries ltd - India
- Sree Jayajothi Cements Limited - India
- Oldendorff Carriers - Singapore
- Pendopo Energi Batubara - Indonesia
- Posco Energy - South Korea
- Africa Commodities Group - South Africa
- Holcim Trading Pte Ltd - Singapore
- Formosa Plastics Group - Taiwan
- Kideco Jaya Agung - Indonesia
- Bhatia International Limited - India
- Asmin Koalindo Tuhup - Indonesia
- London Commodity Brokers - England
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- India Bulls Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- The University of Queensland
- Romanian Commodities Exchange
- San Jose City I Power Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Xindia Steels Limited - India
- Mjunction Services Limited - India
- Bukit Makmur.PT - Indonesia
- Standard Chartered Bank - UAE
- GMR Energy Limited - India
- Heidelberg Cement - Germany
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- Coalindo Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Power Finance Corporation Ltd., India
- Ministry of Mines - Canada
- Bulk Trading Sa - Switzerland
- MS Steel International - UAE
- Commonwealth Bank - Australia
- Energy Link Ltd, New Zealand
- Ambuja Cements Ltd - India
- PowerSource Philippines DevCo
- Parliament of New Zealand
- SMG Consultants - Indonesia
- Mercator Lines Limited - India
- Georgia Ports Authority, United States
- Petron Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Samtan Co., Ltd - South Korea
- Savvy Resources Ltd - HongKong
- Edison Trading Spa - Italy
- Parry Sugars Refinery, India
- Rio Tinto Coal - Australia
- Larsen & Toubro Limited - India
- Dalmia Cement Bharat India
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- Star Paper Mills Limited - India
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- The State Trading Corporation of India Ltd
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- Maharashtra Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Intertek Mineral Services - Indonesia
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- Minerals Council of Australia
- Electricity Generating Authority of Thailand
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- Economic Council, Georgia
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- Jaiprakash Power Ventures ltd
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- Coastal Gujarat Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Kartika Selabumi Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Meralco Power Generation, Philippines
- Directorate Of Revenue Intelligence - India
- Baramulti Group, Indonesia
- Eastern Coal Council - USA
- Straits Asia Resources Limited - Singapore
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- Barasentosa Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- ASAPP Information Group - India
- Gujarat Electricity Regulatory Commission - India
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- IEA Clean Coal Centre - UK
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- The Treasury - Australian Government
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- Wood Mackenzie - Singapore
- Mintek Dendrill Indonesia
- Interocean Group of Companies - India
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- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining Corp, Philippines
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- Port Waratah Coal Services - Australia
- Electricity Authority, New Zealand
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- Gujarat Sidhee Cement - India
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