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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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- Krishnapatnam Port Company Ltd. - India
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- Goldman Sachs - Singapore
- Global Coal Blending Company Limited - Australia
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- Port Waratah Coal Services - Australia
- Siam City Cement PLC, Thailand
- Chamber of Mines of South Africa
- Georgia Ports Authority, United States
- Ceylon Electricity Board - Sri Lanka
- Therma Luzon, Inc, Philippines
- Salva Resources Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Global Business Power Corporation, Philippines
- Posco Energy - South Korea
- Romanian Commodities Exchange
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- Sree Jayajothi Cements Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Development Corp, Philippines
- Independent Power Producers Association of India
- Jaiprakash Power Ventures ltd
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- VISA Power Limited - India
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- European Bulk Services B.V. - Netherlands
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- Globalindo Alam Lestari - Indonesia
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- Tata Chemicals Ltd - India
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- Indonesian Coal Mining Association
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- Straits Asia Resources Limited - Singapore
- Directorate Of Revenue Intelligence - India
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- Siam City Cement - Thailand
- Cement Manufacturers Association - India
- South Luzon Thermal Energy Corporation
- Banpu Public Company Limited - Thailand
- Carbofer General Trading SA - India
- Oldendorff Carriers - Singapore
- Sinarmas Energy and Mining - Indonesia
- The State Trading Corporation of India Ltd
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- Meralco Power Generation, Philippines
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- Indian Oil Corporation Limited
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- Economic Council, Georgia
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- Eastern Energy - Thailand
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- Aditya Birla Group - India
- Kobexindo Tractors - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Baramulti Group, Indonesia
- The University of Queensland
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- CNBM International Corporation - China
- Kalimantan Lumbung Energi - Indonesia
- Power Finance Corporation Ltd., India
- Africa Commodities Group - South Africa
- MS Steel International - UAE
- Vedanta Resources Plc - India
- Energy Link Ltd, New Zealand
- Meenaskhi Energy Private Limited - India
- London Commodity Brokers - England
- Ind-Barath Power Infra Limited - India
- Semirara Mining Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- Australian Coal Association
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- Vijayanagar Sugar Pvt Ltd - India
- Coal and Oil Company - UAE
- Medco Energi Mining Internasional
- Maheswari Brothers Coal Limited - India
- Orica Mining Services - Indonesia
- Chettinad Cement Corporation Ltd - India
- Indo Tambangraya Megah - Indonesia
- Mjunction Services Limited - India
- Standard Chartered Bank - UAE
- SN Aboitiz Power Inc, Philippines
- Larsen & Toubro Limited - India
- Altura Mining Limited, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Coastal Gujarat Power Limited - India
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- LBH Netherlands Bv - Netherlands
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Antam Resourcindo - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Planning Commission, India
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- Kideco Jaya Agung - Indonesia
- Petron Corporation, Philippines
- Price Waterhouse Coopers - Russia
- GVK Power & Infra Limited - India
- Latin American Coal - Colombia
- Iligan Light & Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- ASAPP Information Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sarangani Energy Corporation, Philippines
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- New Zealand Coal & Carbon
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- Indian Energy Exchange, India
- ICICI Bank Limited - India
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- White Energy Company Limited
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- Semirara Mining and Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Holcim Trading Pte Ltd - Singapore
- Mercator Lines Limited - India
- IEA Clean Coal Centre - UK
- Electricity Authority, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
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- Parry Sugars Refinery, India
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- Singapore Mercantile Exchange
- PTC India Limited - India
- Merrill Lynch Commodities Europe
- Thai Mozambique Logistica
- Uttam Galva Steels Limited - India
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- The Treasury - Australian Government
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- Global Green Power PLC Corporation, Philippines
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- Wood Mackenzie - Singapore
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- Petrochimia International Co. Ltd.- Taiwan
- Renaissance Capital - South Africa
- Sakthi Sugars Limited - India
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- Thiess Contractors Indonesia
- Bhoruka Overseas - Indonesia
- Jindal Steel & Power Ltd - India
- Australian Commodity Traders Exchange
- Parliament of New Zealand
- Neyveli Lignite Corporation Ltd, - India
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- Ministry of Mines - Canada
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- International Coal Ventures Pvt Ltd - India
- Central Electricity Authority - India
- McConnell Dowell - Australia
- Kapuas Tunggal Persada - Indonesia
- Metalloyd Limited - United Kingdom
- Riau Bara Harum - Indonesia
- Rashtriya Ispat Nigam Limited - India
- SMG Consultants - Indonesia
- SMC Global Power, Philippines
- Edison Trading Spa - Italy
- Orica Australia Pty. Ltd.
- Deloitte Consulting - India
- Ministry of Finance - Indonesia
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- Essar Steel Hazira Ltd - India
- Eastern Coal Council - USA
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- Toyota Tsusho Corporation, Japan
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