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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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- Uttam Galva Steels Limited - India
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- SN Aboitiz Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- CNBM International Corporation - China
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- Pipit Mutiara Jaya. PT, Indonesia
- Lanco Infratech Ltd - India
- Africa Commodities Group - South Africa
- London Commodity Brokers - England
- Maheswari Brothers Coal Limited - India
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- Therma Luzon, Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Energy Link Ltd, New Zealand
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- Sarangani Energy Corporation, Philippines
- Altura Mining Limited, Indonesia
- CIMB Investment Bank - Malaysia
- Posco Energy - South Korea
- PTC India Limited - India
- IEA Clean Coal Centre - UK
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- Intertek Mineral Services - Indonesia
- ICICI Bank Limited - India
- Antam Resourcindo - Indonesia
- Sojitz Corporation - Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parliament of New Zealand
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- Tata Chemicals Ltd - India
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- Interocean Group of Companies - India
- Makarim & Taira - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Sical Logistics Limited - India
- Economic Council, Georgia
- Kartika Selabumi Mining - Indonesia
- Eastern Coal Council - USA
- LBH Netherlands Bv - Netherlands
- Barasentosa Lestari - Indonesia
- Wood Mackenzie - Singapore
- Indo Tambangraya Megah - Indonesia
- Power Finance Corporation Ltd., India
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- Savvy Resources Ltd - HongKong
- Aboitiz Power Corporation - Philippines
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- Samtan Co., Ltd - South Korea
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- Indonesian Coal Mining Association
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- South Luzon Thermal Energy Corporation
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- Independent Power Producers Association of India
- McConnell Dowell - Australia
- Oldendorff Carriers - Singapore
- AsiaOL BioFuels Corp., Philippines
- Edison Trading Spa - Italy
- Australian Commodity Traders Exchange
- Manunggal Multi Energi - Indonesia
- Central Java Power - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Holcim Trading Pte Ltd - Singapore
- Indogreen Group - Indonesia
- Chamber of Mines of South Africa
- Renaissance Capital - South Africa
- Eastern Energy - Thailand
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- Latin American Coal - Colombia
- San Jose City I Power Corp, Philippines
- Merrill Lynch Commodities Europe
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rio Tinto Coal - Australia
- Siam City Cement PLC, Thailand
- Meenaskhi Energy Private Limited - India
- Kumho Petrochemical, South Korea
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- Sinarmas Energy and Mining - Indonesia
- Semirara Mining Corp, Philippines
- Siam City Cement - Thailand
- Electricity Authority, New Zealand
- Price Waterhouse Coopers - Russia
- ASAPP Information Group - India
- PNOC Exploration Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Kohat Cement Company Ltd. - Pakistan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ceylon Electricity Board - Sri Lanka
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- Salva Resources Pvt Ltd - India
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- The University of Queensland
- Gujarat Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Australian Coal Association
- Petrochimia International Co. Ltd.- Taiwan
- Bhoruka Overseas - Indonesia
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- Standard Chartered Bank - UAE
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- Parry Sugars Refinery, India
- Indian Oil Corporation Limited
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Commonwealth Bank - Australia
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- Tamil Nadu electricity Board
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- Sakthi Sugars Limited - India
- Binh Thuan Hamico - Vietnam
- Romanian Commodities Exchange
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- Meralco Power Generation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- The Treasury - Australian Government
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- Singapore Mercantile Exchange
- Sindya Power Generating Company Private Ltd
- Riau Bara Harum - Indonesia
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- Bangladesh Power Developement Board
- GMR Energy Limited - India
- Central Electricity Authority - India
- Energy Development Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
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- Heidelberg Cement - Germany
- Cement Manufacturers Association - India
- Mintek Dendrill Indonesia
- Ministry of Mines - Canada
- IHS Mccloskey Coal Group - USA
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- OPG Power Generation Pvt Ltd - India
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- Orica Australia Pty. Ltd.
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- New Zealand Coal & Carbon
- Minerals Council of Australia
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- Thiess Contractors Indonesia
- Electricity Generating Authority of Thailand
- Ind-Barath Power Infra Limited - India
- White Energy Company Limited
- Kideco Jaya Agung - Indonesia
- Mjunction Services Limited - India
- Vedanta Resources Plc - India
- Indian Energy Exchange, India
- Larsen & Toubro Limited - India
- MS Steel International - UAE
- Krishnapatnam Port Company Ltd. - India
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