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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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- Sojitz Corporation - Japan
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- Energy Development Corp, Philippines
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- Neyveli Lignite Corporation Ltd, - India
- New Zealand Coal & Carbon
- Bukit Baiduri Energy - Indonesia
- Grasim Industreis Ltd - India
- PowerSource Philippines DevCo
- Chettinad Cement Corporation Ltd - India
- Xindia Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
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- Georgia Ports Authority, United States
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- Electricity Authority, New Zealand
- Bhoruka Overseas - Indonesia
- Jaiprakash Power Ventures ltd
- Deloitte Consulting - India
- Gujarat Mineral Development Corp Ltd - India
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- ASAPP Information Group - India
- Indian Energy Exchange, India
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- Sical Logistics Limited - India
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- Gujarat Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Chamber of Mines of South Africa
- Antam Resourcindo - Indonesia
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- Standard Chartered Bank - UAE
- Sindya Power Generating Company Private Ltd
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- Lanco Infratech Ltd - India
- Edison Trading Spa - Italy
- Mercator Lines Limited - India
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- OPG Power Generation Pvt Ltd - India
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- SN Aboitiz Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Global Coal Blending Company Limited - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Energy Link Ltd, New Zealand
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- Metalloyd Limited - United Kingdom
- Medco Energi Mining Internasional
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- Straits Asia Resources Limited - Singapore
- Central Electricity Authority - India
- Borneo Indobara - Indonesia
- Renaissance Capital - South Africa
- Eastern Coal Council - USA
- Bukit Makmur.PT - Indonesia
- Mercuria Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Bharathi Cement Corporation - India
- Maheswari Brothers Coal Limited - India
- Ind-Barath Power Infra Limited - India
- India Bulls Power Limited - India
- Carbofer General Trading SA - India
- Ministry of Transport, Egypt
- Semirara Mining and Power Corporation, Philippines
- Commonwealth Bank - Australia
- Attock Cement Pakistan Limited
- Indonesian Coal Mining Association
- McConnell Dowell - Australia
- San Jose City I Power Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Ministry of Mines - Canada
- Rashtriya Ispat Nigam Limited - India
- VISA Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Therma Luzon, Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Kapuas Tunggal Persada - Indonesia
- Economic Council, Georgia
- Sinarmas Energy and Mining - Indonesia
- MS Steel International - UAE
- Africa Commodities Group - South Africa
- Gujarat Sidhee Cement - India
- Rio Tinto Coal - Australia
- Malabar Cements Ltd - India
- The University of Queensland
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- Power Finance Corporation Ltd., India
- Samtan Co., Ltd - South Korea
- Madhucon Powers Ltd - India
- Coastal Gujarat Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Alfred C Toepfer International GmbH - Germany
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- PTC India Limited - India
- European Bulk Services B.V. - Netherlands
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- Orica Mining Services - Indonesia
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- Interocean Group of Companies - India
- LBH Netherlands Bv - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- GVK Power & Infra Limited - India
- Directorate Of Revenue Intelligence - India
- SMC Global Power, Philippines
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- White Energy Company Limited
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- Petrochimia International Co. Ltd.- Taiwan
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- Wilmar Investment Holdings
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- Minerals Council of Australia
- Formosa Plastics Group - Taiwan
- Australian Commodity Traders Exchange
- Thiess Contractors Indonesia
- Coalindo Energy - Indonesia
- CNBM International Corporation - China
- Meenaskhi Energy Private Limited - India
- Global Business Power Corporation, Philippines
- Petron Corporation, Philippines
- Aditya Birla Group - India
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- Trasteel International SA, Italy
- Australian Coal Association
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- ICICI Bank Limited - India
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- Goldman Sachs - Singapore
- Romanian Commodities Exchange
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- GMR Energy Limited - India
- Tata Chemicals Ltd - India
- Mintek Dendrill Indonesia
- Billiton Holdings Pty Ltd - Australia
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- Price Waterhouse Coopers - Russia
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- Baramulti Group, Indonesia
- Eastern Energy - Thailand
- Kideco Jaya Agung - Indonesia
- IHS Mccloskey Coal Group - USA
- Globalindo Alam Lestari - Indonesia
- Parliament of New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thai Mozambique Logistica
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