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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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- Sree Jayajothi Cements Limited - India
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- Trasteel International SA, Italy
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- Timah Investasi Mineral - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Georgia Ports Authority, United States
- ICICI Bank Limited - India
- Economic Council, Georgia
- McConnell Dowell - Australia
- Miang Besar Coal Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Energy Development Corp, Philippines
- Bangladesh Power Developement Board
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- Grasim Industreis Ltd - India
- The University of Queensland
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- New Zealand Coal & Carbon
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- Bhoruka Overseas - Indonesia
- Bhatia International Limited - India
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- Semirara Mining Corp, Philippines
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- Bharathi Cement Corporation - India
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- Binh Thuan Hamico - Vietnam
- Petron Corporation, Philippines
- Central Electricity Authority - India
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- The State Trading Corporation of India Ltd
- Eastern Energy - Thailand
- Edison Trading Spa - Italy
- Bhushan Steel Limited - India
- Kideco Jaya Agung - Indonesia
- Indonesian Coal Mining Association
- Meralco Power Generation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Mjunction Services Limited - India
- Chettinad Cement Corporation Ltd - India
- Indian Oil Corporation Limited
- CNBM International Corporation - China
- Gujarat Mineral Development Corp Ltd - India
- OPG Power Generation Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
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- Minerals Council of Australia
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- GAC Shipping (India) Pvt Ltd
- Cigading International Bulk Terminal - Indonesia
- White Energy Company Limited
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- Power Finance Corporation Ltd., India
- Siam City Cement - Thailand
- Metalloyd Limited - United Kingdom
- Tata Chemicals Ltd - India
- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- Siam City Cement PLC, Thailand
- Therma Luzon, Inc, Philippines
- Ministry of Finance - Indonesia
- Renaissance Capital - South Africa
- LBH Netherlands Bv - Netherlands
- Planning Commission, India
- Marubeni Corporation - India
- Orica Australia Pty. Ltd.
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- Riau Bara Harum - Indonesia
- Goldman Sachs - Singapore
- Directorate Of Revenue Intelligence - India
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- Larsen & Toubro Limited - India
- Alfred C Toepfer International GmbH - Germany
- Karbindo Abesyapradhi - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Salva Resources Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vedanta Resources Plc - India
- Billiton Holdings Pty Ltd - Australia
- Romanian Commodities Exchange
- Makarim & Taira - Indonesia
- Uttam Galva Steels Limited - India
- Carbofer General Trading SA - India
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- Petrochimia International Co. Ltd.- Taiwan
- Baramulti Group, Indonesia
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- Directorate General of MIneral and Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Essar Steel Hazira Ltd - India
- Medco Energi Mining Internasional
- Australian Coal Association
- Commonwealth Bank - Australia
- Deloitte Consulting - India
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- Global Business Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Indian Energy Exchange, India
- Toyota Tsusho Corporation, Japan
- Asmin Koalindo Tuhup - Indonesia
- GVK Power & Infra Limited - India
- Barasentosa Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Parry Sugars Refinery, India
- Jindal Steel & Power Ltd - India
- Intertek Mineral Services - Indonesia
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- Ind-Barath Power Infra Limited - India
- Interocean Group of Companies - India
- Leighton Contractors Pty Ltd - Australia
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- Global Green Power PLC Corporation, Philippines
- Oldendorff Carriers - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- IEA Clean Coal Centre - UK
- Jaiprakash Power Ventures ltd
- Ministry of Transport, Egypt
- Karaikal Port Pvt Ltd - India
- Wood Mackenzie - Singapore
- IHS Mccloskey Coal Group - USA
- Dalmia Cement Bharat India
- Singapore Mercantile Exchange
- Chamber of Mines of South Africa
- Sojitz Corporation - Japan
- Samtan Co., Ltd - South Korea
- Thiess Contractors Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Orica Mining Services - Indonesia
- VISA Power Limited - India
- Ministry of Mines - Canada
- Bulk Trading Sa - Switzerland
- Agrawal Coal Company - India
- Kaltim Prima Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Commodity Traders Exchange
- Sindya Power Generating Company Private Ltd
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- CIMB Investment Bank - Malaysia
- Sakthi Sugars Limited - India
- Altura Mining Limited, Indonesia
- SMG Consultants - Indonesia
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- Coal and Oil Company - UAE
- Price Waterhouse Coopers - Russia
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- Independent Power Producers Association of India
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- Anglo American - United Kingdom
- The Treasury - Australian Government
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Africa Commodities Group - South Africa
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- TNB Fuel Sdn Bhd - Malaysia
- Eastern Coal Council - USA
- Electricity Authority, New Zealand
- MS Steel International - UAE
- London Commodity Brokers - England
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