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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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- Videocon Industries ltd - India
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- Cigading International Bulk Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- Goldman Sachs - Singapore
- Kartika Selabumi Mining - Indonesia
- Savvy Resources Ltd - HongKong
- Gujarat Mineral Development Corp Ltd - India
- Georgia Ports Authority, United States
- Ministry of Mines - Canada
- European Bulk Services B.V. - Netherlands
- Bangladesh Power Developement Board
- Aditya Birla Group - India
- Simpson Spence & Young - Indonesia
- Indian Oil Corporation Limited
- Leighton Contractors Pty Ltd - Australia
- Dalmia Cement Bharat India
- Mintek Dendrill Indonesia
- Eastern Energy - Thailand
- SMC Global Power, Philippines
- Sojitz Corporation - Japan
- Straits Asia Resources Limited - Singapore
- Jindal Steel & Power Ltd - India
- Bhatia International Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhoruka Overseas - Indonesia
- OPG Power Generation Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Kepco SPC Power Corporation, Philippines
- Indonesian Coal Mining Association
- Power Finance Corporation Ltd., India
- McConnell Dowell - Australia
- Wood Mackenzie - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Central Electricity Authority - India
- Asmin Koalindo Tuhup - Indonesia
- Attock Cement Pakistan Limited
- Kalimantan Lumbung Energi - Indonesia
- Parliament of New Zealand
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- Rio Tinto Coal - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Energy Exchange, India
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- Semirara Mining and Power Corporation, Philippines
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- Holcim Trading Pte Ltd - Singapore
- India Bulls Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Vedanta Resources Plc - India
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- Directorate General of MIneral and Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- CNBM International Corporation - China
- Barasentosa Lestari - Indonesia
- PTC India Limited - India
- Pendopo Energi Batubara - Indonesia
- Economic Council, Georgia
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- Port Waratah Coal Services - Australia
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- Bhushan Steel Limited - India
- White Energy Company Limited
- Ministry of Transport, Egypt
- ICICI Bank Limited - India
- Energy Link Ltd, New Zealand
- GAC Shipping (India) Pvt Ltd
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- Australian Commodity Traders Exchange
- Sree Jayajothi Cements Limited - India
- New Zealand Coal & Carbon
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- Sarangani Energy Corporation, Philippines
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- The State Trading Corporation of India Ltd
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- Mercuria Energy - Indonesia
- PowerSource Philippines DevCo
- Chamber of Mines of South Africa
- Interocean Group of Companies - India
- Australian Coal Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- Coal and Oil Company - UAE
- Heidelberg Cement - Germany
- Directorate Of Revenue Intelligence - India
- Agrawal Coal Company - India
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- Sakthi Sugars Limited - India
- Medco Energi Mining Internasional
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- TNB Fuel Sdn Bhd - Malaysia
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- Global Business Power Corporation, Philippines
- Indika Energy - Indonesia
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- Bharathi Cement Corporation - India
- Renaissance Capital - South Africa
- Manunggal Multi Energi - Indonesia
- Wilmar Investment Holdings
- Commonwealth Bank - Australia
- Star Paper Mills Limited - India
- Makarim & Taira - Indonesia
- Minerals Council of Australia
- Xindia Steels Limited - India
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- Anglo American - United Kingdom
- Posco Energy - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- The University of Queensland
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- Gujarat Electricity Regulatory Commission - India
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- The Treasury - Australian Government
- Cement Manufacturers Association - India
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- Thai Mozambique Logistica
- Siam City Cement PLC, Thailand
- Kohat Cement Company Ltd. - Pakistan
- Alfred C Toepfer International GmbH - Germany
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- Jorong Barutama Greston.PT - Indonesia
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- Globalindo Alam Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Meralco Power Generation, Philippines
- IEA Clean Coal Centre - UK
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- Uttam Galva Steels Limited - India
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- Mjunction Services Limited - India
- Ind-Barath Power Infra Limited - India
- Electricity Authority, New Zealand
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- Petron Corporation, Philippines
- Tamil Nadu electricity Board
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- Toyota Tsusho Corporation, Japan
- Thiess Contractors Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Antam Resourcindo - Indonesia
- Merrill Lynch Commodities Europe
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- Metalloyd Limited - United Kingdom
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- IHS Mccloskey Coal Group - USA
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- London Commodity Brokers - England
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SN Aboitiz Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Ministry of Finance - Indonesia
- Ceylon Electricity Board - Sri Lanka
- MS Steel International - UAE
- Edison Trading Spa - Italy
- Sindya Power Generating Company Private Ltd
- Africa Commodities Group - South Africa
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- Larsen & Toubro Limited - India
- CIMB Investment Bank - Malaysia
- Bulk Trading Sa - Switzerland
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