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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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- Kartika Selabumi Mining - Indonesia
- Economic Council, Georgia
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- Krishnapatnam Port Company Ltd. - India
- Maheswari Brothers Coal Limited - India
- Edison Trading Spa - Italy
- Kohat Cement Company Ltd. - Pakistan
- Kalimantan Lumbung Energi - Indonesia
- San Jose City I Power Corp, Philippines
- Singapore Mercantile Exchange
- Trasteel International SA, Italy
- Deloitte Consulting - India
- Therma Luzon, Inc, Philippines
- Eastern Energy - Thailand
- Kumho Petrochemical, South Korea
- Chettinad Cement Corporation Ltd - India
- Bharathi Cement Corporation - India
- TeaM Sual Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- South Luzon Thermal Energy Corporation
- Romanian Commodities Exchange
- Sojitz Corporation - Japan
- The University of Queensland
- Ambuja Cements Ltd - India
- CIMB Investment Bank - Malaysia
- London Commodity Brokers - England
- Kepco SPC Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Oldendorff Carriers - Singapore
- LBH Netherlands Bv - Netherlands
- Mjunction Services Limited - India
- Latin American Coal - Colombia
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- Metalloyd Limited - United Kingdom
- Independent Power Producers Association of India
- Australian Commodity Traders Exchange
- Parliament of New Zealand
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- Australian Coal Association
- Merrill Lynch Commodities Europe
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- Bhatia International Limited - India
- New Zealand Coal & Carbon
- Aditya Birla Group - India
- ICICI Bank Limited - India
- Uttam Galva Steels Limited - India
- Karaikal Port Pvt Ltd - India
- Sical Logistics Limited - India
- IHS Mccloskey Coal Group - USA
- Larsen & Toubro Limited - India
- Aboitiz Power Corporation - Philippines
- Mintek Dendrill Indonesia
- Toyota Tsusho Corporation, Japan
- European Bulk Services B.V. - Netherlands
- Heidelberg Cement - Germany
- Madhucon Powers Ltd - India
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- Vedanta Resources Plc - India
- Bukit Baiduri Energy - Indonesia
- SMC Global Power, Philippines
- Attock Cement Pakistan Limited
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- Holcim Trading Pte Ltd - Singapore
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- Power Finance Corporation Ltd., India
- Star Paper Mills Limited - India
- Standard Chartered Bank - UAE
- Petron Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Sree Jayajothi Cements Limited - India
- Energy Link Ltd, New Zealand
- Indian Oil Corporation Limited
- Globalindo Alam Lestari - Indonesia
- SMG Consultants - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- McConnell Dowell - Australia
- IEA Clean Coal Centre - UK
- Billiton Holdings Pty Ltd - Australia
- Indonesian Coal Mining Association
- Jindal Steel & Power Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Global Coal Blending Company Limited - Australia
- Minerals Council of Australia
- Orica Mining Services - Indonesia
- Mercuria Energy - Indonesia
- CNBM International Corporation - China
- Sarangani Energy Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Alfred C Toepfer International GmbH - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The State Trading Corporation of India Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Coal Council - USA
- Thai Mozambique Logistica
- ASAPP Information Group - India
- PowerSource Philippines DevCo
- Indogreen Group - Indonesia
- Wood Mackenzie - Singapore
- Formosa Plastics Group - Taiwan
- Ind-Barath Power Infra Limited - India
- GVK Power & Infra Limited - India
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- Xindia Steels Limited - India
- Binh Thuan Hamico - Vietnam
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- Siam City Cement PLC, Thailand
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- Petrochimia International Co. Ltd.- Taiwan
- Bangladesh Power Developement Board
- Chamber of Mines of South Africa
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- Cement Manufacturers Association - India
- Commonwealth Bank - Australia
- Goldman Sachs - Singapore
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- Indo Tambangraya Megah - Indonesia
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- Electricity Authority, New Zealand
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- India Bulls Power Limited - India
- Simpson Spence & Young - Indonesia
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- Georgia Ports Authority, United States
- Directorate Of Revenue Intelligence - India
- Straits Asia Resources Limited - Singapore
- The Treasury - Australian Government
- Indian Energy Exchange, India
- Samtan Co., Ltd - South Korea
- Renaissance Capital - South Africa
- Mercator Lines Limited - India
- Port Waratah Coal Services - Australia
- Rio Tinto Coal - Australia
- Electricity Generating Authority of Thailand
- VISA Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Bulk Trading Sa - Switzerland
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- Ministry of Finance - Indonesia
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- Directorate General of MIneral and Coal - Indonesia
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- Miang Besar Coal Terminal - Indonesia
- Ministry of Mines - Canada
- Wilmar Investment Holdings
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- Bhoruka Overseas - Indonesia
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- Planning Commission, India
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- Dalmia Cement Bharat India
- SN Aboitiz Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Tamil Nadu electricity Board
- Sakthi Sugars Limited - India
- Indika Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
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