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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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- Samtan Co., Ltd - South Korea
- MS Steel International - UAE
- Indian Oil Corporation Limited
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- White Energy Company Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Thiess Contractors Indonesia
- Global Green Power PLC Corporation, Philippines
- Altura Mining Limited, Indonesia
- Rio Tinto Coal - Australia
- Standard Chartered Bank - UAE
- Holcim Trading Pte Ltd - Singapore
- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cement Manufacturers Association - India
- Neyveli Lignite Corporation Ltd, - India
- Pendopo Energi Batubara - Indonesia
- Parliament of New Zealand
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- Global Business Power Corporation, Philippines
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- Therma Luzon, Inc, Philippines
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- Port Waratah Coal Services - Australia
- PNOC Exploration Corporation - Philippines
- Carbofer General Trading SA - India
- Electricity Authority, New Zealand
- Mjunction Services Limited - India
- Bukit Baiduri Energy - Indonesia
- PowerSource Philippines DevCo
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- Kartika Selabumi Mining - Indonesia
- ICICI Bank Limited - India
- Xindia Steels Limited - India
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- Straits Asia Resources Limited - Singapore
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- Africa Commodities Group - South Africa
- Energy Link Ltd, New Zealand
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- Global Coal Blending Company Limited - Australia
- Renaissance Capital - South Africa
- Kumho Petrochemical, South Korea
- IHS Mccloskey Coal Group - USA
- New Zealand Coal & Carbon
- Attock Cement Pakistan Limited
- McConnell Dowell - Australia
- CIMB Investment Bank - Malaysia
- Petron Corporation, Philippines
- Australian Coal Association
- Maheswari Brothers Coal Limited - India
- Minerals Council of Australia
- Globalindo Alam Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Timah Investasi Mineral - Indoneisa
- Parry Sugars Refinery, India
- Borneo Indobara - Indonesia
- GAC Shipping (India) Pvt Ltd
- Medco Energi Mining Internasional
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- Maharashtra Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Indo Tambangraya Megah - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Latin American Coal - Colombia
- Price Waterhouse Coopers - Russia
- Tata Chemicals Ltd - India
- Ind-Barath Power Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- CNBM International Corporation - China
- Heidelberg Cement - Germany
- Sojitz Corporation - Japan
- IEA Clean Coal Centre - UK
- Makarim & Taira - Indonesia
- Central Java Power - Indonesia
- European Bulk Services B.V. - Netherlands
- Kepco SPC Power Corporation, Philippines
- Deloitte Consulting - India
- Siam City Cement PLC, Thailand
- PTC India Limited - India
- Savvy Resources Ltd - HongKong
- Directorate General of MIneral and Coal - Indonesia
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- Formosa Plastics Group - Taiwan
- Coal and Oil Company - UAE
- Karbindo Abesyapradhi - Indoneisa
- Aditya Birla Group - India
- Ministry of Mines - Canada
- Sakthi Sugars Limited - India
- Eastern Energy - Thailand
- South Luzon Thermal Energy Corporation
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Ambuja Cements Ltd - India
- Mintek Dendrill Indonesia
- Chamber of Mines of South Africa
- Uttam Galva Steels Limited - India
- Economic Council, Georgia
- SMC Global Power, Philippines
- Oldendorff Carriers - Singapore
- Edison Trading Spa - Italy
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- Indogreen Group - Indonesia
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- Mercuria Energy - Indonesia
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- Sarangani Energy Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- The University of Queensland
- Ministry of Finance - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Chettinad Cement Corporation Ltd - India
- Metalloyd Limited - United Kingdom
- LBH Netherlands Bv - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Commonwealth Bank - Australia
- SMG Consultants - Indonesia
- Simpson Spence & Young - Indonesia
- Antam Resourcindo - Indonesia
- Merrill Lynch Commodities Europe
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- Planning Commission, India
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- Romanian Commodities Exchange
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- Energy Development Corp, Philippines
- Trasteel International SA, Italy
- Wood Mackenzie - Singapore
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- AsiaOL BioFuels Corp., Philippines
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- Indian Energy Exchange, India
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- Star Paper Mills Limited - India
- Wilmar Investment Holdings
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- Madhucon Powers Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Intertek Mineral Services - Indonesia
- Vedanta Resources Plc - India
- Interocean Group of Companies - India
- Larsen & Toubro Limited - India
- Goldman Sachs - Singapore
- Indonesian Coal Mining Association
- ASAPP Information Group - India
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- VISA Power Limited - India
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- Tamil Nadu electricity Board
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- London Commodity Brokers - England
- Bukit Makmur.PT - Indonesia
- Sical Logistics Limited - India
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