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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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- Georgia Ports Authority, United States
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- VISA Power Limited - India
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- Kohat Cement Company Ltd. - Pakistan
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- CIMB Investment Bank - Malaysia
- Sical Logistics Limited - India
- Iligan Light & Power Inc, Philippines
- London Commodity Brokers - England
- Medco Energi Mining Internasional
- The Treasury - Australian Government
- Coalindo Energy - Indonesia
- Indonesian Coal Mining Association
- Bhatia International Limited - India
- Chamber of Mines of South Africa
- PowerSource Philippines DevCo
- Alfred C Toepfer International GmbH - Germany
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- White Energy Company Limited
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- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
- IHS Mccloskey Coal Group - USA
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- Energy Development Corp, Philippines
- Eastern Energy - Thailand
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- International Coal Ventures Pvt Ltd - India
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- Economic Council, Georgia
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The University of Queensland
- Indian Energy Exchange, India
- Coal and Oil Company - UAE
- Baramulti Group, Indonesia
- Lanco Infratech Ltd - India
- Gujarat Sidhee Cement - India
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- Aditya Birla Group - India
- Sarangani Energy Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Latin American Coal - Colombia
- PNOC Exploration Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Carbofer General Trading SA - India
- Asmin Koalindo Tuhup - Indonesia
- Kobexindo Tractors - Indoneisa
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- Directorate General of MIneral and Coal - Indonesia
- SMG Consultants - Indonesia
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- Marubeni Corporation - India
- Samtan Co., Ltd - South Korea
- Indika Energy - Indonesia
- The State Trading Corporation of India Ltd
- Timah Investasi Mineral - Indoneisa
- GMR Energy Limited - India
- Savvy Resources Ltd - HongKong
- Global Coal Blending Company Limited - Australia
- Meenaskhi Energy Private Limited - India
- Altura Mining Limited, Indonesia
- Global Business Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Cement Manufacturers Association - India
- Romanian Commodities Exchange
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Parliament of New Zealand
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- Star Paper Mills Limited - India
- Antam Resourcindo - Indonesia
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- Maharashtra Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Mintek Dendrill Indonesia
- Siam City Cement PLC, Thailand
- Ministry of Finance - Indonesia
- Edison Trading Spa - Italy
- Bayan Resources Tbk. - Indonesia
- Jindal Steel & Power Ltd - India
- Orica Mining Services - Indonesia
- Kaltim Prima Coal - Indonesia
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- Ministry of Transport, Egypt
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- Globalindo Alam Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Electricity Generating Authority of Thailand
- Manunggal Multi Energi - Indonesia
- Petron Corporation, Philippines
- Tamil Nadu electricity Board
- Wood Mackenzie - Singapore
- Posco Energy - South Korea
- Essar Steel Hazira Ltd - India
- Parry Sugars Refinery, India
- Ind-Barath Power Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Tata Chemicals Ltd - India
- Meralco Power Generation, Philippines
- Australian Commodity Traders Exchange
- ASAPP Information Group - India
- Kartika Selabumi Mining - Indonesia
- Thai Mozambique Logistica
- Eastern Coal Council - USA
- Deloitte Consulting - India
- Bukit Baiduri Energy - Indonesia
- CNBM International Corporation - China
- Minerals Council of Australia
- Planning Commission, India
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- Bukit Makmur.PT - Indonesia
- Standard Chartered Bank - UAE
- Renaissance Capital - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Simpson Spence & Young - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- MS Steel International - UAE
- Bhushan Steel Limited - India
- Karaikal Port Pvt Ltd - India
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- Energy Link Ltd, New Zealand
- Bangladesh Power Developement Board
- New Zealand Coal & Carbon
- Wilmar Investment Holdings
- Price Waterhouse Coopers - Russia
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- Bahari Cakrawala Sebuku - Indonesia
- European Bulk Services B.V. - Netherlands
- Trasteel International SA, Italy
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- IEA Clean Coal Centre - UK
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Goldman Sachs - Singapore
- Directorate Of Revenue Intelligence - India
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- Independent Power Producers Association of India
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- Banpu Public Company Limited - Thailand
- Bulk Trading Sa - Switzerland
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- Central Java Power - Indonesia
- Neyveli Lignite Corporation Ltd, - India
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- Mjunction Services Limited - India
- Cigading International Bulk Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Rio Tinto Coal - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- LBH Netherlands Bv - Netherlands
- India Bulls Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Singapore Mercantile Exchange
- Thiess Contractors Indonesia
- Commonwealth Bank - Australia
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- Port Waratah Coal Services - Australia
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- Australian Coal Association
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