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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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- Globalindo Alam Lestari - Indonesia
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- MS Steel International - UAE
- Price Waterhouse Coopers - Russia
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- Sindya Power Generating Company Private Ltd
- Toyota Tsusho Corporation, Japan
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- Power Finance Corporation Ltd., India
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- Global Business Power Corporation, Philippines
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- Economic Council, Georgia
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- Cement Manufacturers Association - India
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- Manunggal Multi Energi - Indonesia
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- CNBM International Corporation - China
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- Indian Oil Corporation Limited
- Parliament of New Zealand
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- IHS Mccloskey Coal Group - USA
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- Samtan Co., Ltd - South Korea
- Thiess Contractors Indonesia
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- Gujarat Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
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- Renaissance Capital - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Dalmia Cement Bharat India
- Aditya Birla Group - India
- Krishnapatnam Port Company Ltd. - India
- Ind-Barath Power Infra Limited - India
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- Timah Investasi Mineral - Indoneisa
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- The State Trading Corporation of India Ltd
- VISA Power Limited - India
- Commonwealth Bank - Australia
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- GVK Power & Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coal and Oil Company - UAE
- Kaltim Prima Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Iligan Light & Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Bhushan Steel Limited - India
- Holcim Trading Pte Ltd - Singapore
- The University of Queensland
- Gujarat Sidhee Cement - India
- Barasentosa Lestari - Indonesia
- Sical Logistics Limited - India
- London Commodity Brokers - England
- Binh Thuan Hamico - Vietnam
- Goldman Sachs - Singapore
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- GAC Shipping (India) Pvt Ltd
- Central Electricity Authority - India
- LBH Netherlands Bv - Netherlands
- Grasim Industreis Ltd - India
- Bukit Baiduri Energy - Indonesia
- Rio Tinto Coal - Australia
- Maheswari Brothers Coal Limited - India
- Energy Link Ltd, New Zealand
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- Bulk Trading Sa - Switzerland
- Marubeni Corporation - India
- Global Green Power PLC Corporation, Philippines
- Global Coal Blending Company Limited - Australia
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- Energy Development Corp, Philippines
- SMC Global Power, Philippines
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- Pipit Mutiara Jaya. PT, Indonesia
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- San Jose City I Power Corp, Philippines
- White Energy Company Limited
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- Siam City Cement PLC, Thailand
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- Indonesian Coal Mining Association
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- Larsen & Toubro Limited - India
- Thai Mozambique Logistica
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- Parry Sugars Refinery, India
- Mintek Dendrill Indonesia
- Australian Commodity Traders Exchange
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- Petron Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Africa Commodities Group - South Africa
- PNOC Exploration Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- New Zealand Coal & Carbon
- Alfred C Toepfer International GmbH - Germany
- Ministry of Mines - Canada
- PTC India Limited - India
- Jindal Steel & Power Ltd - India
- Attock Cement Pakistan Limited
- Agrawal Coal Company - India
- Chettinad Cement Corporation Ltd - India
- Mercator Lines Limited - India
- Jorong Barutama Greston.PT - Indonesia
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- Therma Luzon, Inc, Philippines
- Orica Australia Pty. Ltd.
- Trasteel International SA, Italy
- Malabar Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Vizag Seaport Private Limited - India
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- Planning Commission, India
- Australian Coal Association
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- India Bulls Power Limited - India
- Tata Chemicals Ltd - India
- Eastern Coal Council - USA
- International Coal Ventures Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
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- Singapore Mercantile Exchange
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- Romanian Commodities Exchange
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- Sakthi Sugars Limited - India
- Tamil Nadu electricity Board
- Antam Resourcindo - Indonesia
- Metalloyd Limited - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Anglo American - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- Sree Jayajothi Cements Limited - India
- Videocon Industries ltd - India
- Chamber of Mines of South Africa
- Sojitz Corporation - Japan
- Cigading International Bulk Terminal - Indonesia
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- Electricity Generating Authority of Thailand
- Vijayanagar Sugar Pvt Ltd - India
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- Minerals Council of Australia
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