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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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- Singapore Mercantile Exchange
- TeaM Sual Corporation - Philippines
- PTC India Limited - India
- London Commodity Brokers - England
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- Videocon Industries ltd - India
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- Global Business Power Corporation, Philippines
- Madhucon Powers Ltd - India
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- Ministry of Finance - Indonesia
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- Central Electricity Authority - India
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- McConnell Dowell - Australia
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- Renaissance Capital - South Africa
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- Goldman Sachs - Singapore
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- Formosa Plastics Group - Taiwan
- SN Aboitiz Power Inc, Philippines
- Samtan Co., Ltd - South Korea
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- Bukit Makmur.PT - Indonesia
- Orica Mining Services - Indonesia
- Savvy Resources Ltd - HongKong
- Independent Power Producers Association of India
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- ICICI Bank Limited - India
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- Petron Corporation, Philippines
- The University of Queensland
- Kartika Selabumi Mining - Indonesia
- Wilmar Investment Holdings
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- Heidelberg Cement - Germany
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- Toyota Tsusho Corporation, Japan
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- Minerals Council of Australia
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- TNB Fuel Sdn Bhd - Malaysia
- Global Green Power PLC Corporation, Philippines
- VISA Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhoruka Overseas - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Riau Bara Harum - Indonesia
- Aboitiz Power Corporation - Philippines
- India Bulls Power Limited - India
- Power Finance Corporation Ltd., India
- The State Trading Corporation of India Ltd
- Straits Asia Resources Limited - Singapore
- Price Waterhouse Coopers - Russia
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- Ministry of Transport, Egypt
- Energy Link Ltd, New Zealand
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- South Luzon Thermal Energy Corporation
- Coastal Gujarat Power Limited - India
- White Energy Company Limited
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- Mercator Lines Limited - India
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- Salva Resources Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
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- Attock Cement Pakistan Limited
- Timah Investasi Mineral - Indoneisa
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- Coal and Oil Company - UAE
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- Indonesian Coal Mining Association
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- Antam Resourcindo - Indonesia
- Sakthi Sugars Limited - India
- Ind-Barath Power Infra Limited - India
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- Banpu Public Company Limited - Thailand
- Metalloyd Limited - United Kingdom
- Eastern Energy - Thailand
- Sical Logistics Limited - India
- Mercuria Energy - Indonesia
- Orica Australia Pty. Ltd.
- Miang Besar Coal Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Africa Commodities Group - South Africa
- Jaiprakash Power Ventures ltd
- Karbindo Abesyapradhi - Indoneisa
- Meralco Power Generation, Philippines
- Bharathi Cement Corporation - India
- Thiess Contractors Indonesia
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- Tamil Nadu electricity Board
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- Kaltim Prima Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Bhushan Steel Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kumho Petrochemical, South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Cement Manufacturers Association - India
- Ambuja Cements Ltd - India
- Agrawal Coal Company - India
- Barasentosa Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Mintek Dendrill Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement - Thailand
- Cigading International Bulk Terminal - Indonesia
- Planning Commission, India
- Uttam Galva Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parry Sugars Refinery, India
- Krishnapatnam Port Company Ltd. - India
- Intertek Mineral Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Manunggal Multi Energi - Indonesia
- Baramulti Group, Indonesia
- Therma Luzon, Inc, Philippines
- Electricity Generating Authority of Thailand
- Maheswari Brothers Coal Limited - India
- Sindya Power Generating Company Private Ltd
- Medco Energi Mining Internasional
- Simpson Spence & Young - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Aditya Birla Group - India
- International Coal Ventures Pvt Ltd - India
- Malabar Cements Ltd - India
- GMR Energy Limited - India
- Indika Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Eastern Coal Council - USA
- The Treasury - Australian Government
- Jorong Barutama Greston.PT - Indonesia
- GVK Power & Infra Limited - India
- Indogreen Group - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Deloitte Consulting - India
- Electricity Authority, New Zealand
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- Global Coal Blending Company Limited - Australia
- Merrill Lynch Commodities Europe
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- Semirara Mining Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
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- Marubeni Corporation - India
- Star Paper Mills Limited - India
- Latin American Coal - Colombia
- Larsen & Toubro Limited - India
- Kapuas Tunggal Persada - Indonesia
- Interocean Group of Companies - India
- Petrochimia International Co. Ltd.- Taiwan
- Indian Oil Corporation Limited
- MS Steel International - UAE
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