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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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- Petron Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Bukit Baiduri Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Australian Coal Association
- Orica Australia Pty. Ltd.
- Mercuria Energy - Indonesia
- Trasteel International SA, Italy
- Iligan Light & Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Antam Resourcindo - Indonesia
- Romanian Commodities Exchange
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- Anglo American - United Kingdom
- MS Steel International - UAE
- Sojitz Corporation - Japan
- Kideco Jaya Agung - Indonesia
- Semirara Mining and Power Corporation, Philippines
- SMG Consultants - Indonesia
- Parliament of New Zealand
- San Jose City I Power Corp, Philippines
- Sakthi Sugars Limited - India
- Planning Commission, India
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- Karbindo Abesyapradhi - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Simpson Spence & Young - Indonesia
- Global Coal Blending Company Limited - Australia
- Toyota Tsusho Corporation, Japan
- Cement Manufacturers Association - India
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- Standard Chartered Bank - UAE
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- LBH Netherlands Bv - Netherlands
- Sindya Power Generating Company Private Ltd
- Neyveli Lignite Corporation Ltd, - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- White Energy Company Limited
- Meenaskhi Energy Private Limited - India
- Heidelberg Cement - Germany
- Ceylon Electricity Board - Sri Lanka
- Eastern Coal Council - USA
- India Bulls Power Limited - India
- Dalmia Cement Bharat India
- Intertek Mineral Services - Indonesia
- Electricity Generating Authority of Thailand
- Kartika Selabumi Mining - Indonesia
- Bangladesh Power Developement Board
- Rio Tinto Coal - Australia
- Sical Logistics Limited - India
- Wood Mackenzie - Singapore
- GMR Energy Limited - India
- Price Waterhouse Coopers - Russia
- Banpu Public Company Limited - Thailand
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- The University of Queensland
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- Coal and Oil Company - UAE
- Chamber of Mines of South Africa
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- Ministry of Mines - Canada
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- Bulk Trading Sa - Switzerland
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- Jaiprakash Power Ventures ltd
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- PetroVietnam Power Coal Import and Supply Company
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- Independent Power Producers Association of India
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- Australian Commodity Traders Exchange
- New Zealand Coal & Carbon
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- Malabar Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Merrill Lynch Commodities Europe
- The Treasury - Australian Government
- Indian Energy Exchange, India
- SN Aboitiz Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Medco Energi Mining Internasional
- Alfred C Toepfer International GmbH - Germany
- Carbofer General Trading SA - India
- Sarangani Energy Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- ICICI Bank Limited - India
- Mjunction Services Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Economic Council, Georgia
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Authority, New Zealand
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- Kepco SPC Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Bhushan Steel Limited - India
- Minerals Council of Australia
- AsiaOL BioFuels Corp., Philippines
- Sinarmas Energy and Mining - Indonesia
- Commonwealth Bank - Australia
- Metalloyd Limited - United Kingdom
- Renaissance Capital - South Africa
- Aditya Birla Group - India
- Bhoruka Overseas - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thiess Contractors Indonesia
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- Indian Oil Corporation Limited
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- Holcim Trading Pte Ltd - Singapore
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- Africa Commodities Group - South Africa
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- IEA Clean Coal Centre - UK
- Manunggal Multi Energi - Indonesia
- Kaltim Prima Coal - Indonesia
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- Mercator Lines Limited - India
- Indogreen Group - Indonesia
- Larsen & Toubro Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Star Paper Mills Limited - India
- Singapore Mercantile Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Thai Mozambique Logistica
- Maharashtra Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- Videocon Industries ltd - India
- Directorate Of Revenue Intelligence - India
- Kobexindo Tractors - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Bhatia International Limited - India
- Ministry of Finance - Indonesia
- ASAPP Information Group - India
- Energy Link Ltd, New Zealand
- Posco Energy - South Korea
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- Baramulti Group, Indonesia
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- Kohat Cement Company Ltd. - Pakistan
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- IHS Mccloskey Coal Group - USA
- London Commodity Brokers - England
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- Borneo Indobara - Indonesia
- Essar Steel Hazira Ltd - India
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- Binh Thuan Hamico - Vietnam
- Goldman Sachs - Singapore
- The State Trading Corporation of India Ltd
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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