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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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- PNOC Exploration Corporation - Philippines
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- GMR Energy Limited - India
- Georgia Ports Authority, United States
- Agrawal Coal Company - India
- Sree Jayajothi Cements Limited - India
- Commonwealth Bank - Australia
- Kobexindo Tractors - Indoneisa
- Wilmar Investment Holdings
- Mercuria Energy - Indonesia
- Makarim & Taira - Indonesia
- Eastern Coal Council - USA
- VISA Power Limited - India
- Intertek Mineral Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Power Finance Corporation Ltd., India
- Cement Manufacturers Association - India
- Antam Resourcindo - Indonesia
- Tata Chemicals Ltd - India
- Karbindo Abesyapradhi - Indoneisa
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- SMC Global Power, Philippines
- Gujarat Mineral Development Corp Ltd - India
- India Bulls Power Limited - India
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- Kohat Cement Company Ltd. - Pakistan
- PowerSource Philippines DevCo
- TNB Fuel Sdn Bhd - Malaysia
- Edison Trading Spa - Italy
- Global Green Power PLC Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Electricity Authority - India
- Timah Investasi Mineral - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Australian Commodity Traders Exchange
- Lanco Infratech Ltd - India
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- Uttam Galva Steels Limited - India
- The University of Queensland
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- London Commodity Brokers - England
- Kepco SPC Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
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- Aboitiz Power Corporation - Philippines
- Latin American Coal - Colombia
- Metalloyd Limited - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Essar Steel Hazira Ltd - India
- Anglo American - United Kingdom
- IEA Clean Coal Centre - UK
- Mjunction Services Limited - India
- Australian Coal Association
- Sojitz Corporation - Japan
- PetroVietnam Power Coal Import and Supply Company
- Bharathi Cement Corporation - India
- McConnell Dowell - Australia
- Directorate Of Revenue Intelligence - India
- Malabar Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
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- Sinarmas Energy and Mining - Indonesia
- Global Business Power Corporation, Philippines
- Central Java Power - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Renaissance Capital - South Africa
- Ministry of Finance - Indonesia
- Kideco Jaya Agung - Indonesia
- Price Waterhouse Coopers - Russia
- Rashtriya Ispat Nigam Limited - India
- Borneo Indobara - Indonesia
- The Treasury - Australian Government
- Bukit Asam (Persero) Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Kumho Petrochemical, South Korea
- Parliament of New Zealand
- Indian Energy Exchange, India
- Iligan Light & Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Thai Mozambique Logistica
- The State Trading Corporation of India Ltd
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- White Energy Company Limited
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- European Bulk Services B.V. - Netherlands
- Samtan Co., Ltd - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMG Consultants - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Oldendorff Carriers - Singapore
- Petron Corporation, Philippines
- PTC India Limited - India
- Electricity Authority, New Zealand
- Singapore Mercantile Exchange
- Bulk Trading Sa - Switzerland
- Bukit Makmur.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Manunggal Multi Energi - Indonesia
- Minerals Council of Australia
- Posco Energy - South Korea
- Ind-Barath Power Infra Limited - India
- South Luzon Thermal Energy Corporation
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- Toyota Tsusho Corporation, Japan
- IHS Mccloskey Coal Group - USA
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- Sarangani Energy Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Carbofer General Trading SA - India
- LBH Netherlands Bv - Netherlands
- Goldman Sachs - Singapore
- Formosa Plastics Group - Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aditya Birla Group - India
- Energy Link Ltd, New Zealand
- Bhoruka Overseas - Indonesia
- Larsen & Toubro Limited - India
- Bangladesh Power Developement Board
- Kartika Selabumi Mining - Indonesia
- Mintek Dendrill Indonesia
- Meralco Power Generation, Philippines
- New Zealand Coal & Carbon
- Romanian Commodities Exchange
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- Altura Mining Limited, Indonesia
- Tamil Nadu electricity Board
- Alfred C Toepfer International GmbH - Germany
- Electricity Generating Authority of Thailand
- Energy Development Corp, Philippines
- Economic Council, Georgia
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- Binh Thuan Hamico - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- Bhatia International Limited - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Ministry of Transport, Egypt
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- Chamber of Mines of South Africa
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- Globalindo Alam Lestari - Indonesia
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- CIMB Investment Bank - Malaysia
- Interocean Group of Companies - India
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- Orica Australia Pty. Ltd.
- Thiess Contractors Indonesia
- MS Steel International - UAE
- SN Aboitiz Power Inc, Philippines
- Heidelberg Cement - Germany
- Jaiprakash Power Ventures ltd
- Ministry of Mines - Canada
- Wood Mackenzie - Singapore
- Siam City Cement - Thailand
- San Jose City I Power Corp, Philippines
- Medco Energi Mining Internasional
- Attock Cement Pakistan Limited
- Independent Power Producers Association of India
- Planning Commission, India
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- Indonesian Coal Mining Association
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- Sical Logistics Limited - India
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