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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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- Riau Bara Harum - Indonesia
- Heidelberg Cement - Germany
- Iligan Light & Power Inc, Philippines
- MS Steel International - UAE
- Price Waterhouse Coopers - Russia
- Economic Council, Georgia
- Aditya Birla Group - India
- Toyota Tsusho Corporation, Japan
- Global Coal Blending Company Limited - Australia
- Krishnapatnam Port Company Ltd. - India
- Goldman Sachs - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Savvy Resources Ltd - HongKong
- Singapore Mercantile Exchange
- Sinarmas Energy and Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- GMR Energy Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Timah Investasi Mineral - Indoneisa
- Chamber of Mines of South Africa
- Salva Resources Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Indika Energy - Indonesia
- Larsen & Toubro Limited - India
- Eastern Energy - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Altura Mining Limited, Indonesia
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- Sojitz Corporation - Japan
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- Minerals Council of Australia
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- OPG Power Generation Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Cement Manufacturers Association - India
- Energy Link Ltd, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- SMG Consultants - Indonesia
- Maheswari Brothers Coal Limited - India
- Orica Australia Pty. Ltd.
- Ministry of Mines - Canada
- Standard Chartered Bank - UAE
- Asmin Koalindo Tuhup - Indonesia
- Ind-Barath Power Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Bangladesh Power Developement Board
- Sindya Power Generating Company Private Ltd
- Romanian Commodities Exchange
- European Bulk Services B.V. - Netherlands
- Grasim Industreis Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- Global Green Power PLC Corporation, Philippines
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- White Energy Company Limited
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- SMC Global Power, Philippines
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- Wilmar Investment Holdings
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- Karaikal Port Pvt Ltd - India
- Tamil Nadu electricity Board
- Straits Asia Resources Limited - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indonesian Coal Mining Association
- Rashtriya Ispat Nigam Limited - India
- Cigading International Bulk Terminal - Indonesia
- Electricity Authority, New Zealand
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- Antam Resourcindo - Indonesia
- Independent Power Producers Association of India
- Carbofer General Trading SA - India
- Miang Besar Coal Terminal - Indonesia
- Port Waratah Coal Services - Australia
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- Power Finance Corporation Ltd., India
- Kaltim Prima Coal - Indonesia
- Mjunction Services Limited - India
- CIMB Investment Bank - Malaysia
- Coal and Oil Company - UAE
- Directorate Of Revenue Intelligence - India
- Bhatia International Limited - India
- Leighton Contractors Pty Ltd - Australia
- Bukit Baiduri Energy - Indonesia
- Interocean Group of Companies - India
- CNBM International Corporation - China
- Electricity Generating Authority of Thailand
- Videocon Industries ltd - India
- Ministry of Transport, Egypt
- Indogreen Group - Indonesia
- Essar Steel Hazira Ltd - India
- Siam City Cement - Thailand
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- Marubeni Corporation - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Jindal Steel & Power Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Tata Chemicals Ltd - India
- Ambuja Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Siam City Cement PLC, Thailand
- Energy Development Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Oldendorff Carriers - Singapore
- Australian Coal Association
- Deloitte Consulting - India
- Baramulti Group, Indonesia
- Makarim & Taira - Indonesia
- Borneo Indobara - Indonesia
- Sakthi Sugars Limited - India
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- Directorate General of MIneral and Coal - Indonesia
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- The Treasury - Australian Government
- The University of Queensland
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- Central Electricity Authority - India
- Australian Commodity Traders Exchange
- Meralco Power Generation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Kartika Selabumi Mining - Indonesia
- Commonwealth Bank - Australia
- Planning Commission, India
- Thiess Contractors Indonesia
- GAC Shipping (India) Pvt Ltd
- Banpu Public Company Limited - Thailand
- Dalmia Cement Bharat India
- Metalloyd Limited - United Kingdom
- Sarangani Energy Corporation, Philippines
- Madhucon Powers Ltd - India
- Rio Tinto Coal - Australia
- Global Business Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- ICICI Bank Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Energy Exchange, India
- Vedanta Resources Plc - India
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- Karbindo Abesyapradhi - Indoneisa
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- Bulk Trading Sa - Switzerland
- Mercuria Energy - Indonesia
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- Bayan Resources Tbk. - Indonesia
- IEA Clean Coal Centre - UK
- GVK Power & Infra Limited - India
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- Renaissance Capital - South Africa
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- Gujarat Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
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- Parliament of New Zealand
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- Globalindo Alam Lestari - Indonesia
- Eastern Coal Council - USA
- Kideco Jaya Agung - Indonesia
- Agrawal Coal Company - India
- Wood Mackenzie - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Samtan Co., Ltd - South Korea
- New Zealand Coal & Carbon
- Semirara Mining and Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
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- Maharashtra Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Pipit Mutiara Jaya. PT, Indonesia
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- PTC India Limited - India
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