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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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- Global Green Power PLC Corporation, Philippines
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- Renaissance Capital - South Africa
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- Economic Council, Georgia
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- Energy Link Ltd, New Zealand
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- Essar Steel Hazira Ltd - India
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- Billiton Holdings Pty Ltd - Australia
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- Samtan Co., Ltd - South Korea
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- Banpu Public Company Limited - Thailand
- White Energy Company Limited
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- Savvy Resources Ltd - HongKong
- The University of Queensland
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- Latin American Coal - Colombia
- IHS Mccloskey Coal Group - USA
- Madhucon Powers Ltd - India
- CNBM International Corporation - China
- Indonesian Coal Mining Association
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- Videocon Industries ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Bhatia International Limited - India
- Interocean Group of Companies - India
- Jindal Steel & Power Ltd - India
- Australian Coal Association
- Makarim & Taira - Indonesia
- Indogreen Group - Indonesia
- Singapore Mercantile Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Holcim Trading Pte Ltd - Singapore
- New Zealand Coal & Carbon
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- Bangladesh Power Developement Board
- Bhoruka Overseas - Indonesia
- Energy Development Corp, Philippines
- Marubeni Corporation - India
- Orica Australia Pty. Ltd.
- Borneo Indobara - Indonesia
- Lanco Infratech Ltd - India
- Bukit Baiduri Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ambuja Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Therma Luzon, Inc, Philippines
- Ministry of Finance - Indonesia
- Larsen & Toubro Limited - India
- Heidelberg Cement - Germany
- Rio Tinto Coal - Australia
- Uttam Galva Steels Limited - India
- Posco Energy - South Korea
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- Meralco Power Generation, Philippines
- Thiess Contractors Indonesia
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- Minerals Council of Australia
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- Standard Chartered Bank - UAE
- Wood Mackenzie - Singapore
- Toyota Tsusho Corporation, Japan
- Global Coal Blending Company Limited - Australia
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- ICICI Bank Limited - India
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- Vizag Seaport Private Limited - India
- Attock Cement Pakistan Limited
- Ministry of Mines - Canada
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- Pipit Mutiara Jaya. PT, Indonesia
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- Georgia Ports Authority, United States
- IEA Clean Coal Centre - UK
- Power Finance Corporation Ltd., India
- Miang Besar Coal Terminal - Indonesia
- Baramulti Group, Indonesia
- Sical Logistics Limited - India
- Romanian Commodities Exchange
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- Parry Sugars Refinery, India
- Mjunction Services Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Indian Energy Exchange, India
- Semirara Mining Corp, Philippines
- SMG Consultants - Indonesia
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- Bayan Resources Tbk. - Indonesia
- Wilmar Investment Holdings
- Siam City Cement - Thailand
- MS Steel International - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Australian Commodity Traders Exchange
- South Luzon Thermal Energy Corporation
- Deloitte Consulting - India
- Metalloyd Limited - United Kingdom
- Salva Resources Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Petron Corporation, Philippines
- PTC India Limited - India
- Formosa Plastics Group - Taiwan
- Siam City Cement PLC, Thailand
- Xindia Steels Limited - India
- Grasim Industreis Ltd - India
- Pendopo Energi Batubara - Indonesia
- SMC Global Power, Philippines
- Maheswari Brothers Coal Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Eastern Coal Council - USA
- McConnell Dowell - Australia
- Kalimantan Lumbung Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- Planning Commission, India
- Manunggal Multi Energi - Indonesia
- Altura Mining Limited, Indonesia
- Jaiprakash Power Ventures ltd
- Trasteel International SA, Italy
- European Bulk Services B.V. - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
- GVK Power & Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- SN Aboitiz Power Inc, Philippines
- Kumho Petrochemical, South Korea
- Aditya Birla Group - India
- Gujarat Mineral Development Corp Ltd - India
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- Petrochimia International Co. Ltd.- Taiwan
- ASAPP Information Group - India
- International Coal Ventures Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
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- Bukit Asam (Persero) Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Indian Oil Corporation Limited
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- Sindya Power Generating Company Private Ltd
- Intertek Mineral Services - Indonesia
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- Eastern Energy - Thailand
- London Commodity Brokers - England
- LBH Netherlands Bv - Netherlands
- Anglo American - United Kingdom
- Sakthi Sugars Limited - India
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