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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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- The University of Queensland
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- Parliament of New Zealand
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- Global Green Power PLC Corporation, Philippines
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- Wilmar Investment Holdings
- Pendopo Energi Batubara - Indonesia
- Vizag Seaport Private Limited - India
- Kumho Petrochemical, South Korea
- Globalindo Alam Lestari - Indonesia
- Ministry of Finance - Indonesia
- Indian Energy Exchange, India
- Pipit Mutiara Jaya. PT, Indonesia
- Renaissance Capital - South Africa
- SN Aboitiz Power Inc, Philippines
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- Rashtriya Ispat Nigam Limited - India
- Carbofer General Trading SA - India
- Global Business Power Corporation, Philippines
- Minerals Council of Australia
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- Semirara Mining and Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
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- Oldendorff Carriers - Singapore
- Mintek Dendrill Indonesia
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- PowerSource Philippines DevCo
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- Essar Steel Hazira Ltd - India
- Bhatia International Limited - India
- McConnell Dowell - Australia
- Indika Energy - Indonesia
- Goldman Sachs - Singapore
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- GVK Power & Infra Limited - India
- Parry Sugars Refinery, India
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- Medco Energi Mining Internasional
- Indogreen Group - Indonesia
- LBH Netherlands Bv - Netherlands
- Mercator Lines Limited - India
- Star Paper Mills Limited - India
- Timah Investasi Mineral - Indoneisa
- Eastern Coal Council - USA
- Price Waterhouse Coopers - Russia
- Interocean Group of Companies - India
- Billiton Holdings Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Formosa Plastics Group - Taiwan
- Ceylon Electricity Board - Sri Lanka
- Karaikal Port Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- European Bulk Services B.V. - Netherlands
- Jindal Steel & Power Ltd - India
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- Energy Link Ltd, New Zealand
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- GN Power Mariveles Coal Plant, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Xindia Steels Limited - India
- New Zealand Coal & Carbon
- Economic Council, Georgia
- White Energy Company Limited
- Ministry of Mines - Canada
- PNOC Exploration Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Aboitiz Power Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Energy Development Corp, Philippines
- Anglo American - United Kingdom
- Australian Commodity Traders Exchange
- Malabar Cements Ltd - India
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- Marubeni Corporation - India
- Indian Oil Corporation Limited
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- Romanian Commodities Exchange
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- Meenaskhi Energy Private Limited - India
- Baramulti Group, Indonesia
- International Coal Ventures Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Singapore Mercantile Exchange
- Deloitte Consulting - India
- Petron Corporation, Philippines
- Sakthi Sugars Limited - India
- Mercuria Energy - Indonesia
- Lanco Infratech Ltd - India
- Makarim & Taira - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- ASAPP Information Group - India
- Vedanta Resources Plc - India
- Standard Chartered Bank - UAE
- The Treasury - Australian Government
- Latin American Coal - Colombia
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- CNBM International Corporation - China
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Bangladesh Power Developement Board
- Orica Australia Pty. Ltd.
- Rio Tinto Coal - Australia
- The State Trading Corporation of India Ltd
- India Bulls Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Independent Power Producers Association of India
- Indonesian Coal Mining Association
- Bayan Resources Tbk. - Indonesia
- Semirara Mining Corp, Philippines
- Trasteel International SA, Italy
- Riau Bara Harum - Indonesia
- TeaM Sual Corporation - Philippines
- Ambuja Cements Ltd - India
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- Gujarat Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
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- GMR Energy Limited - India
- Metalloyd Limited - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
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- SMG Consultants - Indonesia
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- Siam City Cement PLC, Thailand
- Toyota Tsusho Corporation, Japan
- Sojitz Corporation - Japan
- Posco Energy - South Korea
- SMC Global Power, Philippines
- Planning Commission, India
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- Coalindo Energy - Indonesia
- Electricity Generating Authority of Thailand
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- Holcim Trading Pte Ltd - Singapore
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- Power Finance Corporation Ltd., India
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- Samtan Co., Ltd - South Korea
- Maharashtra Electricity Regulatory Commission - India
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- IEA Clean Coal Centre - UK
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- Ministry of Transport, Egypt
- Coal and Oil Company - UAE
- Larsen & Toubro Limited - India
- Global Coal Blending Company Limited - Australia
- Kaltim Prima Coal - Indonesia
- Chamber of Mines of South Africa
- Banpu Public Company Limited - Thailand
- Sree Jayajothi Cements Limited - India
- Sical Logistics Limited - India
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- Sindya Power Generating Company Private Ltd
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- Altura Mining Limited, Indonesia
- Thiess Contractors Indonesia
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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