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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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- Iligan Light & Power Inc, Philippines
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- Africa Commodities Group - South Africa
- PNOC Exploration Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Grasim Industreis Ltd - India
- Indonesian Coal Mining Association
- Standard Chartered Bank - UAE
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining Corp, Philippines
- Power Finance Corporation Ltd., India
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- GN Power Mariveles Coal Plant, Philippines
- Borneo Indobara - Indonesia
- ICICI Bank Limited - India
- Thai Mozambique Logistica
- Trasteel International SA, Italy
- IHS Mccloskey Coal Group - USA
- Samtan Co., Ltd - South Korea
- Energy Development Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Sree Jayajothi Cements Limited - India
- The Treasury - Australian Government
- Therma Luzon, Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Tata Chemicals Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
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- PowerSource Philippines DevCo
- Ministry of Finance - Indonesia
- White Energy Company Limited
- Cement Manufacturers Association - India
- Alfred C Toepfer International GmbH - Germany
- Sarangani Energy Corporation, Philippines
- Coal and Oil Company - UAE
- Mjunction Services Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Independent Power Producers Association of India
- Indogreen Group - Indonesia
- Chettinad Cement Corporation Ltd - India
- Eastern Coal Council - USA
- Formosa Plastics Group - Taiwan
- Coalindo Energy - Indonesia
- Electricity Authority, New Zealand
- Indian Energy Exchange, India
- Simpson Spence & Young - Indonesia
- Bayan Resources Tbk. - Indonesia
- Ministry of Transport, Egypt
- Toyota Tsusho Corporation, Japan
- European Bulk Services B.V. - Netherlands
- Heidelberg Cement - Germany
- Rio Tinto Coal - Australia
- Globalindo Alam Lestari - Indonesia
- Bangladesh Power Developement Board
- Price Waterhouse Coopers - Russia
- Marubeni Corporation - India
- Central Electricity Authority - India
- Wilmar Investment Holdings
- The University of Queensland
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- Petrochimia International Co. Ltd.- Taiwan
- ASAPP Information Group - India
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- Lanco Infratech Ltd - India
- Agrawal Coal Company - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- London Commodity Brokers - England
- CIMB Investment Bank - Malaysia
- Minerals Council of Australia
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- Karaikal Port Pvt Ltd - India
- Merrill Lynch Commodities Europe
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- Indo Tambangraya Megah - Indonesia
- Bukit Makmur.PT - Indonesia
- SMC Global Power, Philippines
- Altura Mining Limited, Indonesia
- Sindya Power Generating Company Private Ltd
- Straits Asia Resources Limited - Singapore
- Aboitiz Power Corporation - Philippines
- Meralco Power Generation, Philippines
- Australian Commodity Traders Exchange
- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
- Romanian Commodities Exchange
- Kaltim Prima Coal - Indonesia
- Goldman Sachs - Singapore
- LBH Netherlands Bv - Netherlands
- Economic Council, Georgia
- Vizag Seaport Private Limited - India
- VISA Power Limited - India
- Ambuja Cements Ltd - India
- Bharathi Cement Corporation - India
- Semirara Mining and Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Malabar Cements Ltd - India
- Planning Commission, India
- Meenaskhi Energy Private Limited - India
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- Anglo American - United Kingdom
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- Interocean Group of Companies - India
- IEA Clean Coal Centre - UK
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- Tamil Nadu electricity Board
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- Energy Link Ltd, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- GMR Energy Limited - India
- Bhatia International Limited - India
- McConnell Dowell - Australia
- Indian Oil Corporation Limited
- Georgia Ports Authority, United States
- Singapore Mercantile Exchange
- Xindia Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Posco Energy - South Korea
- Renaissance Capital - South Africa
- Videocon Industries ltd - India
- Cigading International Bulk Terminal - Indonesia
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- Orica Australia Pty. Ltd.
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- TNB Fuel Sdn Bhd - Malaysia
- Thiess Contractors Indonesia
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- Deloitte Consulting - India
- Madhucon Powers Ltd - India
- Star Paper Mills Limited - India
- Krishnapatnam Port Company Ltd. - India
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- SMG Consultants - Indonesia
- Australian Coal Association
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- Directorate General of MIneral and Coal - Indonesia
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- PTC India Limited - India
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- Commonwealth Bank - Australia
- Petron Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Wood Mackenzie - Singapore
- Global Coal Blending Company Limited - Australia
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- SN Aboitiz Power Inc, Philippines
- Chamber of Mines of South Africa
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Edison Trading Spa - Italy
- Kalimantan Lumbung Energi - Indonesia
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- Orica Mining Services - Indonesia
- Bulk Trading Sa - Switzerland
- Mintek Dendrill Indonesia
- Metalloyd Limited - United Kingdom
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- Parliament of New Zealand
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