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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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- SN Aboitiz Power Inc, Philippines
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- Australian Coal Association
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- Manunggal Multi Energi - Indonesia
- Tata Chemicals Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Posco Energy - South Korea
- Eastern Energy - Thailand
- Indika Energy - Indonesia
- Parry Sugars Refinery, India
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- Attock Cement Pakistan Limited
- Australian Commodity Traders Exchange
- Savvy Resources Ltd - HongKong
- Sinarmas Energy and Mining - Indonesia
- Merrill Lynch Commodities Europe
- Orica Australia Pty. Ltd.
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- Bhatia International Limited - India
- India Bulls Power Limited - India
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- Sindya Power Generating Company Private Ltd
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- Holcim Trading Pte Ltd - Singapore
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- Jaiprakash Power Ventures ltd
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- Directorate General of MIneral and Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Antam Resourcindo - Indonesia
- IHS Mccloskey Coal Group - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Finance - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Ambuja Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Makarim & Taira - Indonesia
- Pendopo Energi Batubara - Indonesia
- Barasentosa Lestari - Indonesia
- Minerals Council of Australia
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- Mjunction Services Limited - India
- Iligan Light & Power Inc, Philippines
- Trasteel International SA, Italy
- Baramulti Group, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Anglo American - United Kingdom
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- Petron Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parliament of New Zealand
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- Electricity Authority, New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Xindia Steels Limited - India
- Madhucon Powers Ltd - India
- Thai Mozambique Logistica
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- Latin American Coal - Colombia
- SMG Consultants - Indonesia
- Maheswari Brothers Coal Limited - India
- Ministry of Mines - Canada
- Independent Power Producers Association of India
- Indian Oil Corporation Limited
- GMR Energy Limited - India
- The University of Queensland
- Formosa Plastics Group - Taiwan
- Port Waratah Coal Services - Australia
- Vizag Seaport Private Limited - India
- Electricity Generating Authority of Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Electricity Regulatory Commission - India
- Carbofer General Trading SA - India
- Sakthi Sugars Limited - India
- European Bulk Services B.V. - Netherlands
- Interocean Group of Companies - India
- Singapore Mercantile Exchange
- Kumho Petrochemical, South Korea
- Siam City Cement PLC, Thailand
- GN Power Mariveles Coal Plant, Philippines
- Commonwealth Bank - Australia
- Salva Resources Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- ASAPP Information Group - India
- Renaissance Capital - South Africa
- Ministry of Transport, Egypt
- Coal and Oil Company - UAE
- Kepco SPC Power Corporation, Philippines
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- Wood Mackenzie - Singapore
- Altura Mining Limited, Indonesia
- International Coal Ventures Pvt Ltd - India
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- Therma Luzon, Inc, Philippines
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- Vedanta Resources Plc - India
- Price Waterhouse Coopers - Russia
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- Coalindo Energy - Indonesia
- Borneo Indobara - Indonesia
- PTC India Limited - India
- Bangladesh Power Developement Board
- Energy Development Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- London Commodity Brokers - England
- New Zealand Coal & Carbon
- Edison Trading Spa - Italy
- IEA Clean Coal Centre - UK
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- Economic Council, Georgia
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- Kobexindo Tractors - Indoneisa
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- Agrawal Coal Company - India
- Riau Bara Harum - Indonesia
- Directorate Of Revenue Intelligence - India
- White Energy Company Limited
- Karbindo Abesyapradhi - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Indo Tambangraya Megah - Indonesia
- Africa Commodities Group - South Africa
- Straits Asia Resources Limited - Singapore
- Videocon Industries ltd - India
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- Bulk Trading Sa - Switzerland
- The Treasury - Australian Government
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- Binh Thuan Hamico - Vietnam
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- Globalindo Alam Lestari - Indonesia
- TeaM Sual Corporation - Philippines
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- Billiton Holdings Pty Ltd - Australia
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- Asmin Koalindo Tuhup - Indonesia
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- Thiess Contractors Indonesia
- AsiaOL BioFuels Corp., Philippines
- Rio Tinto Coal - Australia
- MS Steel International - UAE
- Chamber of Mines of South Africa
- Energy Link Ltd, New Zealand
- Eastern Coal Council - USA
- Sojitz Corporation - Japan
- Kideco Jaya Agung - Indonesia
- Power Finance Corporation Ltd., India
- Aditya Birla Group - India
- Bayan Resources Tbk. - Indonesia
- Planning Commission, India
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- Mercuria Energy - Indonesia
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- Indian Energy Exchange, India
- Deloitte Consulting - India
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