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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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- Neyveli Lignite Corporation Ltd, - India
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- Sojitz Corporation - Japan
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- Toyota Tsusho Corporation, Japan
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- Madhucon Powers Ltd - India
- White Energy Company Limited
- Latin American Coal - Colombia
- TeaM Sual Corporation - Philippines
- Edison Trading Spa - Italy
- OPG Power Generation Pvt Ltd - India
- Medco Energi Mining Internasional
- Goldman Sachs - Singapore
- Star Paper Mills Limited - India
- Petrochimia International Co. Ltd.- Taiwan
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- Minerals Council of Australia
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- Cigading International Bulk Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Parliament of New Zealand
- Orica Mining Services - Indonesia
- Intertek Mineral Services - Indonesia
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- Jaiprakash Power Ventures ltd
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- Xindia Steels Limited - India
- Sical Logistics Limited - India
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- Holcim Trading Pte Ltd - Singapore
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- Global Coal Blending Company Limited - Australia
- India Bulls Power Limited - India
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- GVK Power & Infra Limited - India
- Central Java Power - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
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- Attock Cement Pakistan Limited
- IEA Clean Coal Centre - UK
- Energy Link Ltd, New Zealand
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- Georgia Ports Authority, United States
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- Cement Manufacturers Association - India
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- CNBM International Corporation - China
- GN Power Mariveles Coal Plant, Philippines
- Indian Energy Exchange, India
- Singapore Mercantile Exchange
- Metalloyd Limited - United Kingdom
- Orica Australia Pty. Ltd.
- SN Aboitiz Power Inc, Philippines
- Mintek Dendrill Indonesia
- GMR Energy Limited - India
- Ministry of Mines - Canada
- Bulk Trading Sa - Switzerland
- Directorate Of Revenue Intelligence - India
- Economic Council, Georgia
- PTC India Limited - India
- Price Waterhouse Coopers - Russia
- Indonesian Coal Mining Association
- Malabar Cements Ltd - India
- Eastern Energy - Thailand
- Global Business Power Corporation, Philippines
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- Offshore Bulk Terminal Pte Ltd, Singapore
- PNOC Exploration Corporation - Philippines
- Standard Chartered Bank - UAE
- Lanco Infratech Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Aditya Birla Group - India
- Petron Corporation, Philippines
- Interocean Group of Companies - India
- Asmin Koalindo Tuhup - Indonesia
- Uttam Galva Steels Limited - India
- Wood Mackenzie - Singapore
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- Independent Power Producers Association of India
- Port Waratah Coal Services - Australia
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- Deloitte Consulting - India
- Tata Chemicals Ltd - India
- Indian Oil Corporation Limited
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- International Coal Ventures Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
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- Altura Mining Limited, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Chamber of Mines of South Africa
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- London Commodity Brokers - England
- Africa Commodities Group - South Africa
- Australian Coal Association
- Videocon Industries ltd - India
- Electricity Generating Authority of Thailand
- Bayan Resources Tbk. - Indonesia
- Globalindo Alam Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- Jindal Steel & Power Ltd - India
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- TNB Fuel Sdn Bhd - Malaysia
- Coalindo Energy - Indonesia
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- Eastern Coal Council - USA
- Ministry of Finance - Indonesia
- Tamil Nadu electricity Board
- Bangladesh Power Developement Board
- Thiess Contractors Indonesia
- The Treasury - Australian Government
- Semirara Mining and Power Corporation, Philippines
- VISA Power Limited - India
- Siam City Cement - Thailand
- Meenaskhi Energy Private Limited - India
- Australian Commodity Traders Exchange
- Renaissance Capital - South Africa
- Bukit Makmur.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Karaikal Port Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Merrill Lynch Commodities Europe
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- Timah Investasi Mineral - Indoneisa
- Essar Steel Hazira Ltd - India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The University of Queensland
- LBH Netherlands Bv - Netherlands
- Electricity Authority, New Zealand
- Global Green Power PLC Corporation, Philippines
- Commonwealth Bank - Australia
- Leighton Contractors Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
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- Planning Commission, India
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- Gujarat Mineral Development Corp Ltd - India
- European Bulk Services B.V. - Netherlands
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- Carbofer General Trading SA - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Posco Energy - South Korea
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Bharathi Cement Corporation - India
- CIMB Investment Bank - Malaysia
- Sakthi Sugars Limited - India
- GAC Shipping (India) Pvt Ltd
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- Kideco Jaya Agung - Indonesia
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