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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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- Singapore Mercantile Exchange
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- The University of Queensland
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- Deloitte Consulting - India
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- Parliament of New Zealand
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- Mjunction Services Limited - India
- Malabar Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
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- MS Steel International - UAE
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- Global Business Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Globalindo Alam Lestari - Indonesia
- VISA Power Limited - India
- Banpu Public Company Limited - Thailand
- Maheswari Brothers Coal Limited - India
- Chamber of Mines of South Africa
- Essar Steel Hazira Ltd - India
- CNBM International Corporation - China
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- Global Green Power PLC Corporation, Philippines
- Tamil Nadu electricity Board
- Neyveli Lignite Corporation Ltd, - India
- Sojitz Corporation - Japan
- Siam City Cement - Thailand
- Thiess Contractors Indonesia
- White Energy Company Limited
- Ceylon Electricity Board - Sri Lanka
- Vijayanagar Sugar Pvt Ltd - India
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- Goldman Sachs - Singapore
- Sakthi Sugars Limited - India
- IEA Clean Coal Centre - UK
- New Zealand Coal & Carbon
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- Mercuria Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
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- Coastal Gujarat Power Limited - India
- Minerals Council of Australia
- Petron Corporation, Philippines
- Merrill Lynch Commodities Europe
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- Standard Chartered Bank - UAE
- The State Trading Corporation of India Ltd
- Indogreen Group - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Ministry of Mines - Canada
- Mercator Lines Limited - India
- Marubeni Corporation - India
- Coal and Oil Company - UAE
- Dalmia Cement Bharat India
- ICICI Bank Limited - India
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- Attock Cement Pakistan Limited
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Vizag Seaport Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Australian Commodity Traders Exchange
- Global Coal Blending Company Limited - Australia
- SMC Global Power, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Finance - Indonesia
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- GMR Energy Limited - India
- Africa Commodities Group - South Africa
- Chettinad Cement Corporation Ltd - India
- The Treasury - Australian Government
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- Samtan Co., Ltd - South Korea
- Lanco Infratech Ltd - India
- Agrawal Coal Company - India
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- Bulk Trading Sa - Switzerland
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- AsiaOL BioFuels Corp., Philippines
- Miang Besar Coal Terminal - Indonesia
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- Gujarat Mineral Development Corp Ltd - India
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- Bhushan Steel Limited - India
- Wilmar Investment Holdings
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- Mintek Dendrill Indonesia
- Intertek Mineral Services - Indonesia
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- Jindal Steel & Power Ltd - India
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- International Coal Ventures Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Energy Exchange, India
- Renaissance Capital - South Africa
- Aboitiz Power Corporation - Philippines
- Uttam Galva Steels Limited - India
- Electricity Authority, New Zealand
- Trasteel International SA, Italy
- Sarangani Energy Corporation, Philippines
- Eastern Energy - Thailand
- Ministry of Transport, Egypt
- Tata Chemicals Ltd - India
- PTC India Limited - India
- Jaiprakash Power Ventures ltd
- Kartika Selabumi Mining - Indonesia
- Borneo Indobara - Indonesia
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- Australian Coal Association
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- Planning Commission, India
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- San Jose City I Power Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meenaskhi Energy Private Limited - India
- Edison Trading Spa - Italy
- Bukit Makmur.PT - Indonesia
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- TNB Fuel Sdn Bhd - Malaysia
- Videocon Industries ltd - India
- Semirara Mining and Power Corporation, Philippines
- Medco Energi Mining Internasional
- Wood Mackenzie - Singapore
- Kumho Petrochemical, South Korea
- PNOC Exploration Corporation - Philippines
- Rio Tinto Coal - Australia
- Toyota Tsusho Corporation, Japan
- Bukit Baiduri Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Economic Council, Georgia
- Salva Resources Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Ind-Barath Power Infra Limited - India
- GVK Power & Infra Limited - India
- London Commodity Brokers - England
- Latin American Coal - Colombia
- Bukit Asam (Persero) Tbk - Indonesia
- Parry Sugars Refinery, India
- SMG Consultants - Indonesia
- Eastern Coal Council - USA
- Bahari Cakrawala Sebuku - Indonesia
- OPG Power Generation Pvt Ltd - India
- Larsen & Toubro Limited - India
- Carbofer General Trading SA - India
- Indonesian Coal Mining Association
- Aditya Birla Group - India
- Bangladesh Power Developement Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Bayan Resources Tbk. - Indonesia
- McConnell Dowell - Australia
- Commonwealth Bank - Australia
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- Orica Mining Services - Indonesia
- Ambuja Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Central Electricity Authority - India
- Star Paper Mills Limited - India
- Semirara Mining Corp, Philippines
- Madhucon Powers Ltd - India
- Gujarat Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- Heidelberg Cement - Germany
- Iligan Light & Power Inc, Philippines
- Sical Logistics Limited - India
- Orica Australia Pty. Ltd.
- India Bulls Power Limited - India
- Bhoruka Overseas - Indonesia
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