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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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- Alfred C Toepfer International GmbH - Germany
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- Thiess Contractors Indonesia
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- Port Waratah Coal Services - Australia
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- Agrawal Coal Company - India
- White Energy Company Limited
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- GN Power Mariveles Coal Plant, Philippines
- Samtan Co., Ltd - South Korea
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- Global Green Power PLC Corporation, Philippines
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- Bulk Trading Sa - Switzerland
- LBH Netherlands Bv - Netherlands
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- Kaltim Prima Coal - Indonesia
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- VISA Power Limited - India
- Indogreen Group - Indonesia
- Latin American Coal - Colombia
- GAC Shipping (India) Pvt Ltd
- Global Coal Blending Company Limited - Australia
- Sree Jayajothi Cements Limited - India
- ICICI Bank Limited - India
- Maharashtra Electricity Regulatory Commission - India
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- Renaissance Capital - South Africa
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- Orica Australia Pty. Ltd.
- Australian Coal Association
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- Posco Energy - South Korea
- Bhoruka Overseas - Indonesia
- Sakthi Sugars Limited - India
- Mintek Dendrill Indonesia
- IEA Clean Coal Centre - UK
- Kohat Cement Company Ltd. - Pakistan
- Leighton Contractors Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- Ministry of Mines - Canada
- MS Steel International - UAE
- Aboitiz Power Corporation - Philippines
- Oldendorff Carriers - Singapore
- Energy Link Ltd, New Zealand
- The Treasury - Australian Government
- PTC India Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Power Finance Corporation Ltd., India
- Intertek Mineral Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- Wilmar Investment Holdings
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- Ambuja Cements Ltd - India
- Mercuria Energy - Indonesia
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- Medco Energi Mining Internasional
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- Straits Asia Resources Limited - Singapore
- Timah Investasi Mineral - Indoneisa
- PNOC Exploration Corporation - Philippines
- Wood Mackenzie - Singapore
- Barasentosa Lestari - Indonesia
- Edison Trading Spa - Italy
- Bayan Resources Tbk. - Indonesia
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Trasteel International SA, Italy
- Makarim & Taira - Indonesia
- Videocon Industries ltd - India
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- Ministry of Transport, Egypt
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- Gujarat Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Xindia Steels Limited - India
- Merrill Lynch Commodities Europe
- Iligan Light & Power Inc, Philippines
- Parliament of New Zealand
- Banpu Public Company Limited - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Ceylon Electricity Board - Sri Lanka
- Petrochimia International Co. Ltd.- Taiwan
- Economic Council, Georgia
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- Anglo American - United Kingdom
- Directorate Of Revenue Intelligence - India
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- Toyota Tsusho Corporation, Japan
- Semirara Mining and Power Corporation, Philippines
- Electricity Authority, New Zealand
- San Jose City I Power Corp, Philippines
- Deloitte Consulting - India
- Singapore Mercantile Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining Corp, Philippines
- SMC Global Power, Philippines
- Parry Sugars Refinery, India
- The University of Queensland
- Standard Chartered Bank - UAE
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- Asmin Koalindo Tuhup - Indonesia
- Electricity Generating Authority of Thailand
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- Carbofer General Trading SA - India
- Metalloyd Limited - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- Goldman Sachs - Singapore
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- Australian Commodity Traders Exchange
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- Indonesian Coal Mining Association
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- Bhatia International Limited - India
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- Jaiprakash Power Ventures ltd
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- Indian Oil Corporation Limited
- Price Waterhouse Coopers - Russia
- European Bulk Services B.V. - Netherlands
- Energy Development Corp, Philippines
- Ministry of Finance - Indonesia
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- The State Trading Corporation of India Ltd
- London Commodity Brokers - England
- Interocean Group of Companies - India
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- Savvy Resources Ltd - HongKong
- Kumho Petrochemical, South Korea
- Globalindo Alam Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
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- Sical Logistics Limited - India
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- Eastern Coal Council - USA
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