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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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- Global Green Power PLC Corporation, Philippines
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- The University of Queensland
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- Gujarat Mineral Development Corp Ltd - India
- New Zealand Coal & Carbon
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- Kideco Jaya Agung - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Metalloyd Limited - United Kingdom
- Interocean Group of Companies - India
- GVK Power & Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Rio Tinto Coal - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Africa Commodities Group - South Africa
- SMG Consultants - Indonesia
- Larsen & Toubro Limited - India
- Sakthi Sugars Limited - India
- MS Steel International - UAE
- Energy Link Ltd, New Zealand
- Standard Chartered Bank - UAE
- Antam Resourcindo - Indonesia
- Kobexindo Tractors - Indoneisa
- Aditya Birla Group - India
- Indonesian Coal Mining Association
- Trasteel International SA, Italy
- Georgia Ports Authority, United States
- Formosa Plastics Group - Taiwan
- Leighton Contractors Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sindya Power Generating Company Private Ltd
- VISA Power Limited - India
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- Bulk Trading Sa - Switzerland
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- Economic Council, Georgia
- Posco Energy - South Korea
- Semirara Mining Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Australian Commodity Traders Exchange
- Merrill Lynch Commodities Europe
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- Coalindo Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Tamil Nadu electricity Board
- South Luzon Thermal Energy Corporation
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- Indian Oil Corporation Limited
- Straits Asia Resources Limited - Singapore
- Bhatia International Limited - India
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- Anglo American - United Kingdom
- Tata Chemicals Ltd - India
- Deloitte Consulting - India
- Indogreen Group - Indonesia
- The Treasury - Australian Government
- Madhucon Powers Ltd - India
- LBH Netherlands Bv - Netherlands
- Commonwealth Bank - Australia
- Parliament of New Zealand
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- Gujarat Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Singapore Mercantile Exchange
- Vizag Seaport Private Limited - India
- Sree Jayajothi Cements Limited - India
- Iligan Light & Power Inc, Philippines
- Ministry of Mines - Canada
- Oldendorff Carriers - Singapore
- Eastern Energy - Thailand
- Kepco SPC Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- European Bulk Services B.V. - Netherlands
- The State Trading Corporation of India Ltd
- Directorate General of MIneral and Coal - Indonesia
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- GMR Energy Limited - India
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- Kartika Selabumi Mining - Indonesia
- Orica Mining Services - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Latin American Coal - Colombia
- India Bulls Power Limited - India
- Energy Development Corp, Philippines
- Edison Trading Spa - Italy
- Power Finance Corporation Ltd., India
- Mercuria Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
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- Jorong Barutama Greston.PT - Indonesia
- Xindia Steels Limited - India
- Australian Coal Association
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- Mintek Dendrill Indonesia
- SMC Global Power, Philippines
- Star Paper Mills Limited - India
- Planning Commission, India
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- Chamber of Mines of South Africa
- ICICI Bank Limited - India
- Samtan Co., Ltd - South Korea
- Vedanta Resources Plc - India
- Bhoruka Overseas - Indonesia
- Ministry of Transport, Egypt
- PNOC Exploration Corporation - Philippines
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- Jaiprakash Power Ventures ltd
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- Karbindo Abesyapradhi - Indoneisa
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Attock Cement Pakistan Limited
- Central Electricity Authority - India
- Kaltim Prima Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Renaissance Capital - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Globalindo Alam Lestari - Indonesia
- Marubeni Corporation - India
- TeaM Sual Corporation - Philippines
- Gujarat Sidhee Cement - India
- San Jose City I Power Corp, Philippines
- Coal and Oil Company - UAE
- Sojitz Corporation - Japan
- Sarangani Energy Corporation, Philippines
- Thiess Contractors Indonesia
- Electricity Generating Authority of Thailand
- Port Waratah Coal Services - Australia
- Holcim Trading Pte Ltd - Singapore
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- Price Waterhouse Coopers - Russia
- Pipit Mutiara Jaya. PT, Indonesia
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- GAC Shipping (India) Pvt Ltd
- Eastern Coal Council - USA
- Heidelberg Cement - Germany
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- Independent Power Producers Association of India
- Indian Energy Exchange, India
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- White Energy Company Limited
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- Electricity Authority, New Zealand
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- Ministry of Finance - Indonesia
- Simpson Spence & Young - Indonesia
- Maheswari Brothers Coal Limited - India
- Pendopo Energi Batubara - Indonesia
- Global Coal Blending Company Limited - Australia
- Ceylon Electricity Board - Sri Lanka
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- Wood Mackenzie - Singapore
- PowerSource Philippines DevCo
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