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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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- Vizag Seaport Private Limited - India
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- Wilmar Investment Holdings
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- Indika Energy - Indonesia
- Oldendorff Carriers - Singapore
- Renaissance Capital - South Africa
- Sojitz Corporation - Japan
- Petron Corporation, Philippines
- Carbofer General Trading SA - India
- Indian Oil Corporation Limited
- Miang Besar Coal Terminal - Indonesia
- Indonesian Coal Mining Association
- Economic Council, Georgia
- TeaM Sual Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- Australian Commodity Traders Exchange
- Sinarmas Energy and Mining - Indonesia
- Tamil Nadu electricity Board
- Lanco Infratech Ltd - India
- Antam Resourcindo - Indonesia
- Straits Asia Resources Limited - Singapore
- Larsen & Toubro Limited - India
- Kideco Jaya Agung - Indonesia
- Jaiprakash Power Ventures ltd
- The State Trading Corporation of India Ltd
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- Posco Energy - South Korea
- SMC Global Power, Philippines
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- AsiaOL BioFuels Corp., Philippines
- Singapore Mercantile Exchange
- Bahari Cakrawala Sebuku - Indonesia
- LBH Netherlands Bv - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Standard Chartered Bank - UAE
- Salva Resources Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Minerals Council of Australia
- Sindya Power Generating Company Private Ltd
- ASAPP Information Group - India
- Borneo Indobara - Indonesia
- Medco Energi Mining Internasional
- Ministry of Finance - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Global Coal Blending Company Limited - Australia
- Essar Steel Hazira Ltd - India
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- McConnell Dowell - Australia
- Ambuja Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- Globalindo Alam Lestari - Indonesia
- Coal and Oil Company - UAE
- Mintek Dendrill Indonesia
- Mjunction Services Limited - India
- IHS Mccloskey Coal Group - USA
- Meralco Power Generation, Philippines
- Mercator Lines Limited - India
- Electricity Generating Authority of Thailand
- Krishnapatnam Port Company Ltd. - India
- Gujarat Sidhee Cement - India
- Chamber of Mines of South Africa
- Gujarat Electricity Regulatory Commission - India
- Thiess Contractors Indonesia
- Semirara Mining Corp, Philippines
- Bangladesh Power Developement Board
- Alfred C Toepfer International GmbH - Germany
- PowerSource Philippines DevCo
- South Luzon Thermal Energy Corporation
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- Madhucon Powers Ltd - India
- Metalloyd Limited - United Kingdom
- Makarim & Taira - Indonesia
- Bharathi Cement Corporation - India
- Georgia Ports Authority, United States
- Africa Commodities Group - South Africa
- India Bulls Power Limited - India
- Meenaskhi Energy Private Limited - India
- Bulk Trading Sa - Switzerland
- San Jose City I Power Corp, Philippines
- Savvy Resources Ltd - HongKong
- Altura Mining Limited, Indonesia
- Kepco SPC Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Romanian Commodities Exchange
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- Ministry of Mines - Canada
- Latin American Coal - Colombia
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- Asmin Koalindo Tuhup - Indonesia
- Australian Coal Association
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- Global Green Power PLC Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- The Treasury - Australian Government
- Eastern Coal Council - USA
- Central Electricity Authority - India
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- PTC India Limited - India
- Pendopo Energi Batubara - Indonesia
- CNBM International Corporation - China
- Merrill Lynch Commodities Europe
- Formosa Plastics Group - Taiwan
- Ceylon Electricity Board - Sri Lanka
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tata Chemicals Ltd - India
- Edison Trading Spa - Italy
- Simpson Spence & Young - Indonesia
- Orica Australia Pty. Ltd.
- Dalmia Cement Bharat India
- Sakthi Sugars Limited - India
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- Baramulti Group, Indonesia
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- New Zealand Coal & Carbon
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- London Commodity Brokers - England
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- Bayan Resources Tbk. - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Ind-Barath Power Infra Limited - India
- Indian Energy Exchange, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Attock Cement Pakistan Limited
- Parliament of New Zealand
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- Xindia Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Wood Mackenzie - Singapore
- Port Waratah Coal Services - Australia
- Kobexindo Tractors - Indoneisa
- Uttam Galva Steels Limited - India
- Price Waterhouse Coopers - Russia
- Videocon Industries ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Indogreen Group - Indonesia
- Cement Manufacturers Association - India
- Global Business Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Grasim Industreis Ltd - India
- Intertek Mineral Services - Indonesia
- Independent Power Producers Association of India
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- Commonwealth Bank - Australia
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- Ministry of Transport, Egypt
- White Energy Company Limited
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- Siam City Cement PLC, Thailand
- VISA Power Limited - India
- Leighton Contractors Pty Ltd - Australia
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- Semirara Mining and Power Corporation, Philippines
- Malabar Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Mercuria Energy - Indonesia
- The University of Queensland
- MS Steel International - UAE
- IEA Clean Coal Centre - UK
- Electricity Authority, New Zealand
- Therma Luzon, Inc, Philippines
- SMG Consultants - Indonesia
- Planning Commission, India
- GAC Shipping (India) Pvt Ltd
- Goldman Sachs - Singapore
- Bhoruka Overseas - Indonesia
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- Energy Link Ltd, New Zealand
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- GVK Power & Infra Limited - India
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