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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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- Chettinad Cement Corporation Ltd - India
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- Meenaskhi Energy Private Limited - India
- Orica Mining Services - Indonesia
- Formosa Plastics Group - Taiwan
- Wilmar Investment Holdings
- Kumho Petrochemical, South Korea
- Gujarat Mineral Development Corp Ltd - India
- Oldendorff Carriers - Singapore
- Sarangani Energy Corporation, Philippines
- Makarim & Taira - Indonesia
- Attock Cement Pakistan Limited
- PTC India Limited - India
- Electricity Generating Authority of Thailand
- Petron Corporation, Philippines
- Mintek Dendrill Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Coal Council - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMG Consultants - Indonesia
- Orica Australia Pty. Ltd.
- Trasteel International SA, Italy
- Central Java Power - Indonesia
- Carbofer General Trading SA - India
- Kapuas Tunggal Persada - Indonesia
- The Treasury - Australian Government
- White Energy Company Limited
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- Ministry of Transport, Egypt
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- Minerals Council of Australia
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- Chamber of Mines of South Africa
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- Antam Resourcindo - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Bukit Makmur.PT - Indonesia
- Iligan Light & Power Inc, Philippines
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- Barasentosa Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- Posco Energy - South Korea
- Jaiprakash Power Ventures ltd
- IHS Mccloskey Coal Group - USA
- Mjunction Services Limited - India
- Coastal Gujarat Power Limited - India
- Standard Chartered Bank - UAE
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- The University of Queensland
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- Grasim Industreis Ltd - India
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- Indian Oil Corporation Limited
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- Cement Manufacturers Association - India
- Bangladesh Power Developement Board
- Toyota Tsusho Corporation, Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Banpu Public Company Limited - Thailand
- Sical Logistics Limited - India
- Gujarat Sidhee Cement - India
- Jorong Barutama Greston.PT - Indonesia
- Renaissance Capital - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- Romanian Commodities Exchange
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- Lanco Infratech Ltd - India
- Savvy Resources Ltd - HongKong
- AsiaOL BioFuels Corp., Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining and Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Salva Resources Pvt Ltd - India
- Eastern Energy - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Africa Commodities Group - South Africa
- Malabar Cements Ltd - India
- Coal and Oil Company - UAE
- Parliament of New Zealand
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- Rio Tinto Coal - Australia
- Aditya Birla Group - India
- Vedanta Resources Plc - India
- PNOC Exploration Corporation - Philippines
- Indika Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Siam City Cement PLC, Thailand
- Holcim Trading Pte Ltd - Singapore
- Thiess Contractors Indonesia
- Energy Development Corp, Philippines
- ICICI Bank Limited - India
- Mercator Lines Limited - India
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- MS Steel International - UAE
- Sindya Power Generating Company Private Ltd
- Larsen & Toubro Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Timah Investasi Mineral - Indoneisa
- Sojitz Corporation - Japan
- Goldman Sachs - Singapore
- Semirara Mining Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Indonesian Coal Mining Association
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- Global Business Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Parry Sugars Refinery, India
- Medco Energi Mining Internasional
- Kalimantan Lumbung Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Marubeni Corporation - India
- Indian Energy Exchange, India
- International Coal Ventures Pvt Ltd - India
- London Commodity Brokers - England
- Alfred C Toepfer International GmbH - Germany
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- Electricity Authority, New Zealand
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Merrill Lynch Commodities Europe
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Bukit Asam (Persero) Tbk - Indonesia
- The State Trading Corporation of India Ltd
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- Energy Link Ltd, New Zealand
- SMC Global Power, Philippines
- Videocon Industries ltd - India
- Economic Council, Georgia
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- Metalloyd Limited - United Kingdom
- Vizag Seaport Private Limited - India
- Thai Mozambique Logistica
- Bulk Trading Sa - Switzerland
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- Singapore Mercantile Exchange
- Rashtriya Ispat Nigam Limited - India
- Intertek Mineral Services - Indonesia
- European Bulk Services B.V. - Netherlands
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- Ministry of Mines - Canada
- GN Power Mariveles Coal Plant, Philippines
- Central Electricity Authority - India
- Global Coal Blending Company Limited - Australia
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- Commonwealth Bank - Australia
- Deloitte Consulting - India
- Globalindo Alam Lestari - Indonesia
- Interocean Group of Companies - India
- New Zealand Coal & Carbon
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- GAC Shipping (India) Pvt Ltd
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- Tamil Nadu electricity Board
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- PetroVietnam Power Coal Import and Supply Company
- Australian Coal Association
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- Samtan Co., Ltd - South Korea
- Altura Mining Limited, Indonesia
- Star Paper Mills Limited - India
- South Luzon Thermal Energy Corporation
- Kobexindo Tractors - Indoneisa
- Jindal Steel & Power Ltd - India
- Australian Commodity Traders Exchange
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- CIMB Investment Bank - Malaysia
- Heidelberg Cement - Germany
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- CNBM International Corporation - China
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- Georgia Ports Authority, United States
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