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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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- San Jose City I Power Corp, Philippines
- Trasteel International SA, Italy
- Grasim Industreis Ltd - India
- Australian Commodity Traders Exchange
- Oldendorff Carriers - Singapore
- Sojitz Corporation - Japan
- Kepco SPC Power Corporation, Philippines
- Anglo American - United Kingdom
- Mjunction Services Limited - India
- Maheswari Brothers Coal Limited - India
- Savvy Resources Ltd - HongKong
- Pipit Mutiara Jaya. PT, Indonesia
- Port Waratah Coal Services - Australia
- Deloitte Consulting - India
- Intertek Mineral Services - Indonesia
- Essar Steel Hazira Ltd - India
- Chamber of Mines of South Africa
- Jaiprakash Power Ventures ltd
- Therma Luzon, Inc, Philippines
- Coastal Gujarat Power Limited - India
- Ministry of Transport, Egypt
- Standard Chartered Bank - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- India Bulls Power Limited - India
- Marubeni Corporation - India
- OPG Power Generation Pvt Ltd - India
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- MS Steel International - UAE
- Metalloyd Limited - United Kingdom
- Straits Asia Resources Limited - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sical Logistics Limited - India
- The Treasury - Australian Government
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- Videocon Industries ltd - India
- Indian Oil Corporation Limited
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- Indika Energy - Indonesia
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- Carbofer General Trading SA - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Electricity Authority - India
- Bukit Makmur.PT - Indonesia
- Makarim & Taira - Indonesia
- Indo Tambangraya Megah - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Edison Trading Spa - Italy
- Manunggal Multi Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- GMR Energy Limited - India
- Coal and Oil Company - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Meralco Power Generation, Philippines
- LBH Netherlands Bv - Netherlands
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- ICICI Bank Limited - India
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- Kobexindo Tractors - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Indogreen Group - Indonesia
- Mercator Lines Limited - India
- Agrawal Coal Company - India
- Bharathi Cement Corporation - India
- Planning Commission, India
- International Coal Ventures Pvt Ltd - India
- Ministry of Finance - Indonesia
- Independent Power Producers Association of India
- Eastern Coal Council - USA
- Meenaskhi Energy Private Limited - India
- Wilmar Investment Holdings
- Mercuria Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Aboitiz Power Corporation - Philippines
- Romanian Commodities Exchange
- Rio Tinto Coal - Australia
- IHS Mccloskey Coal Group - USA
- Simpson Spence & Young - Indonesia
- VISA Power Limited - India
- Cement Manufacturers Association - India
- Bhushan Steel Limited - India
- Miang Besar Coal Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- Xindia Steels Limited - India
- Borneo Indobara - Indonesia
- CNBM International Corporation - China
- Africa Commodities Group - South Africa
- Electricity Authority, New Zealand
- Star Paper Mills Limited - India
- SMC Global Power, Philippines
- Attock Cement Pakistan Limited
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- Energy Development Corp, Philippines
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- The State Trading Corporation of India Ltd
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- Price Waterhouse Coopers - Russia
- Samtan Co., Ltd - South Korea
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- Barasentosa Lestari - Indonesia
- Vedanta Resources Plc - India
- Billiton Holdings Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Bhatia International Limited - India
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- European Bulk Services B.V. - Netherlands
- Electricity Generating Authority of Thailand
- Chettinad Cement Corporation Ltd - India
- Orica Mining Services - Indonesia
- Vizag Seaport Private Limited - India
- PTC India Limited - India
- Toyota Tsusho Corporation, Japan
- Posco Energy - South Korea
- McConnell Dowell - Australia
- Tata Chemicals Ltd - India
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- Bhoruka Overseas - Indonesia
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- Cigading International Bulk Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GVK Power & Infra Limited - India
- Tamil Nadu electricity Board
- Dalmia Cement Bharat India
- Global Coal Blending Company Limited - Australia
- SMG Consultants - Indonesia
- Parliament of New Zealand
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- Coalindo Energy - Indonesia
- Indian Energy Exchange, India
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- Goldman Sachs - Singapore
- Karaikal Port Pvt Ltd - India
- The University of Queensland
- Georgia Ports Authority, United States
- Singapore Mercantile Exchange
- Mintek Dendrill Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement - Thailand
- Commonwealth Bank - Australia
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- Bulk Trading Sa - Switzerland
- Asmin Koalindo Tuhup - Indonesia
- Indonesian Coal Mining Association
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- Wood Mackenzie - Singapore
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- IEA Clean Coal Centre - UK
- ASAPP Information Group - India
- Binh Thuan Hamico - Vietnam
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- Sree Jayajothi Cements Limited - India
- Minerals Council of Australia
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- Thai Mozambique Logistica
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- Energy Link Ltd, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Economic Council, Georgia
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