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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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- Ministry of Transport, Egypt
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- San Jose City I Power Corp, Philippines
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- Mjunction Services Limited - India
- India Bulls Power Limited - India
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- Directorate Of Revenue Intelligence - India
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- Global Business Power Corporation, Philippines
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- Samtan Co., Ltd - South Korea
- Barasentosa Lestari - Indonesia
- Parry Sugars Refinery, India
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- Karbindo Abesyapradhi - Indoneisa
- ICICI Bank Limited - India
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- White Energy Company Limited
- Trasteel International SA, Italy
- Posco Energy - South Korea
- Rio Tinto Coal - Australia
- Madhucon Powers Ltd - India
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- Edison Trading Spa - Italy
- Africa Commodities Group - South Africa
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- Energy Development Corp, Philippines
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- Australian Coal Association
- Kepco SPC Power Corporation, Philippines
- Romanian Commodities Exchange
- Wilmar Investment Holdings
- Indonesian Coal Mining Association
- Deloitte Consulting - India
- Bukit Baiduri Energy - Indonesia
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- Global Coal Blending Company Limited - Australia
- Central Electricity Authority - India
- Pendopo Energi Batubara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
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- The University of Queensland
- Economic Council, Georgia
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- European Bulk Services B.V. - Netherlands
- Petron Corporation, Philippines
- Medco Energi Mining Internasional
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- Eastern Coal Council - USA
- Larsen & Toubro Limited - India
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- MS Steel International - UAE
- Sakthi Sugars Limited - India
- Mercator Lines Limited - India
- Indian Energy Exchange, India
- Karaikal Port Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Kaltim Prima Coal - Indonesia
- Port Waratah Coal Services - Australia
- ASAPP Information Group - India
- IEA Clean Coal Centre - UK
- GVK Power & Infra Limited - India
- Tamil Nadu electricity Board
- Global Green Power PLC Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Miang Besar Coal Terminal - Indonesia
- Commonwealth Bank - Australia
- IHS Mccloskey Coal Group - USA
- McConnell Dowell - Australia
- Rashtriya Ispat Nigam Limited - India
- GAC Shipping (India) Pvt Ltd
- Kartika Selabumi Mining - Indonesia
- SMC Global Power, Philippines
- The Treasury - Australian Government
- Coalindo Energy - Indonesia
- Energy Link Ltd, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Interocean Group of Companies - India
- Indogreen Group - Indonesia
- Attock Cement Pakistan Limited
- Aditya Birla Group - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- PNOC Exploration Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Altura Mining Limited, Indonesia
- OPG Power Generation Pvt Ltd - India
- Indika Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
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- PTC India Limited - India
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- Bangladesh Power Developement Board
- Metalloyd Limited - United Kingdom
- New Zealand Coal & Carbon
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- Vedanta Resources Plc - India
- Kohat Cement Company Ltd. - Pakistan
- Oldendorff Carriers - Singapore
- Bharathi Cement Corporation - India
- Bayan Resources Tbk. - Indonesia
- Cement Manufacturers Association - India
- Riau Bara Harum - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Kalimantan Lumbung Energi - Indonesia
- Toyota Tsusho Corporation, Japan
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- Planning Commission, India
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- PowerSource Philippines DevCo
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- Carbofer General Trading SA - India
- Ministry of Finance - Indonesia
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- AsiaOL BioFuels Corp., Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Sojitz Corporation - Japan
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- Krishnapatnam Port Company Ltd. - India
- Salva Resources Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
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- SMG Consultants - Indonesia
- Indian Oil Corporation Limited
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- Goldman Sachs - Singapore
- Mintek Dendrill Indonesia
- Tata Chemicals Ltd - India
- Makarim & Taira - Indonesia
- Sical Logistics Limited - India
- Anglo American - United Kingdom
- Mercuria Energy - Indonesia
- Power Finance Corporation Ltd., India
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- Parliament of New Zealand
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- CIMB Investment Bank - Malaysia
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- The State Trading Corporation of India Ltd
- Singapore Mercantile Exchange
- Kumho Petrochemical, South Korea
- Coal and Oil Company - UAE
- Minerals Council of Australia
- CNBM International Corporation - China
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- Sindya Power Generating Company Private Ltd
- Chettinad Cement Corporation Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Mines - Canada
- Renaissance Capital - South Africa
- Banpu Public Company Limited - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Merrill Lynch Commodities Europe
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