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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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- San Jose City I Power Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Parliament of New Zealand
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- Standard Chartered Bank - UAE
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- Global Business Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Heidelberg Cement - Germany
- Electricity Authority, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Indika Energy - Indonesia
- Coalindo Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Electricity Generating Authority of Thailand
- European Bulk Services B.V. - Netherlands
- Kalimantan Lumbung Energi - Indonesia
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- Cigading International Bulk Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
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- Eastern Coal Council - USA
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- SN Aboitiz Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
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- Global Coal Blending Company Limited - Australia
- Economic Council, Georgia
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- Latin American Coal - Colombia
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- Tata Chemicals Ltd - India
- Energy Link Ltd, New Zealand
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- Ambuja Cements Ltd - India
- Eastern Energy - Thailand
- Simpson Spence & Young - Indonesia
- Bulk Trading Sa - Switzerland
- Kohat Cement Company Ltd. - Pakistan
- TNB Fuel Sdn Bhd - Malaysia
- Jindal Steel & Power Ltd - India
- PTC India Limited - India
- Intertek Mineral Services - Indonesia
- Bukit Makmur.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- Agrawal Coal Company - India
- Gujarat Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Thai Mozambique Logistica
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- Indonesian Coal Mining Association
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- New Zealand Coal & Carbon
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- TeaM Sual Corporation - Philippines
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- Merrill Lynch Commodities Europe
- Maheswari Brothers Coal Limited - India
- Mjunction Services Limited - India
- Chamber of Mines of South Africa
- Mercator Lines Limited - India
- Trasteel International SA, Italy
- Sakthi Sugars Limited - India
- PNOC Exploration Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Medco Energi Mining Internasional
- Interocean Group of Companies - India
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- Jaiprakash Power Ventures ltd
- Samtan Co., Ltd - South Korea
- South Luzon Thermal Energy Corporation
- Tamil Nadu electricity Board
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- Bharathi Cement Corporation - India
- Binh Thuan Hamico - Vietnam
- Kobexindo Tractors - Indoneisa
- The State Trading Corporation of India Ltd
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- Directorate General of MIneral and Coal - Indonesia
- ASAPP Information Group - India
- Independent Power Producers Association of India
- Chettinad Cement Corporation Ltd - India
- Mercuria Energy - Indonesia
- Meralco Power Generation, Philippines
- Posco Energy - South Korea
- Georgia Ports Authority, United States
- Gujarat Mineral Development Corp Ltd - India
- Central Java Power - Indonesia
- Planning Commission, India
- Singapore Mercantile Exchange
- VISA Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Wilmar Investment Holdings
- Altura Mining Limited, Indonesia
- Goldman Sachs - Singapore
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- Vedanta Resources Plc - India
- Oldendorff Carriers - Singapore
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- Metalloyd Limited - United Kingdom
- Petron Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Ministry of Finance - Indonesia
- ICICI Bank Limited - India
- Ceylon Electricity Board - Sri Lanka
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Edison Trading Spa - Italy
- Barasentosa Lestari - Indonesia
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- Semirara Mining and Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Videocon Industries ltd - India
- AsiaOL BioFuels Corp., Philippines
- Xindia Steels Limited - India
- Malabar Cements Ltd - India
- Indian Energy Exchange, India
- Alfred C Toepfer International GmbH - Germany
- Rio Tinto Coal - Australia
- Baramulti Group, Indonesia
- Larsen & Toubro Limited - India
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- White Energy Company Limited
- MS Steel International - UAE
- Coal and Oil Company - UAE
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- Romanian Commodities Exchange
- Manunggal Multi Energi - Indonesia
- Africa Commodities Group - South Africa
- Rashtriya Ispat Nigam Limited - India
- Billiton Holdings Pty Ltd - Australia
- Cement Manufacturers Association - India
- Aditya Birla Group - India
- Sical Logistics Limited - India
- Price Waterhouse Coopers - Russia
- LBH Netherlands Bv - Netherlands
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- Makarim & Taira - Indonesia
- Therma Luzon, Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Indogreen Group - Indonesia
- Sojitz Corporation - Japan
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Port Waratah Coal Services - Australia
- The Treasury - Australian Government
- Bhushan Steel Limited - India
- Straits Asia Resources Limited - Singapore
- Antam Resourcindo - Indonesia
- Australian Commodity Traders Exchange
- The University of Queensland
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- Sinarmas Energy and Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
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- Minerals Council of Australia
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- Energy Development Corp, Philippines
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- OPG Power Generation Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Indian Oil Corporation Limited
- McConnell Dowell - Australia
- Mintek Dendrill Indonesia
- Carbofer General Trading SA - India
- Bhoruka Overseas - Indonesia
- Deloitte Consulting - India
- IEA Clean Coal Centre - UK
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