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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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- Medco Energi Mining Internasional
- Billiton Holdings Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Banpu Public Company Limited - Thailand
- CIMB Investment Bank - Malaysia
- GVK Power & Infra Limited - India
- Cement Manufacturers Association - India
- Independent Power Producers Association of India
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- Energy Development Corp, Philippines
- Metalloyd Limited - United Kingdom
- Barasentosa Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Formosa Plastics Group - Taiwan
- Kumho Petrochemical, South Korea
- Directorate General of MIneral and Coal - Indonesia
- VISA Power Limited - India
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- SMC Global Power, Philippines
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- TNB Fuel Sdn Bhd - Malaysia
- Mintek Dendrill Indonesia
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- The Treasury - Australian Government
- CNBM International Corporation - China
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- Oldendorff Carriers - Singapore
- Price Waterhouse Coopers - Russia
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- Semirara Mining and Power Corporation, Philippines
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- The State Trading Corporation of India Ltd
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- Leighton Contractors Pty Ltd - Australia
- Australian Coal Association
- Singapore Mercantile Exchange
- Global Coal Blending Company Limited - Australia
- Savvy Resources Ltd - HongKong
- Australian Commodity Traders Exchange
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Bangladesh Power Developement Board
- MS Steel International - UAE
- Latin American Coal - Colombia
- Economic Council, Georgia
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- Uttam Galva Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- IEA Clean Coal Centre - UK
- Ambuja Cements Ltd - India
- Georgia Ports Authority, United States
- Sarangani Energy Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Binh Thuan Hamico - Vietnam
- Coal and Oil Company - UAE
- Indian Energy Exchange, India
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- Larsen & Toubro Limited - India
- Jindal Steel & Power Ltd - India
- Bulk Trading Sa - Switzerland
- OPG Power Generation Pvt Ltd - India
- Wood Mackenzie - Singapore
- Edison Trading Spa - Italy
- Ministry of Transport, Egypt
- Mercator Lines Limited - India
- Indika Energy - Indonesia
- Makarim & Taira - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Orica Australia Pty. Ltd.
- Ceylon Electricity Board - Sri Lanka
- Electricity Authority, New Zealand
- Altura Mining Limited, Indonesia
- Vizag Seaport Private Limited - India
- Carbofer General Trading SA - India
- Karbindo Abesyapradhi - Indoneisa
- Minerals Council of Australia
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- Standard Chartered Bank - UAE
- Maheswari Brothers Coal Limited - India
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- Directorate Of Revenue Intelligence - India
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- Kohat Cement Company Ltd. - Pakistan
- GMR Energy Limited - India
- London Commodity Brokers - England
- ASAPP Information Group - India
- Anglo American - United Kingdom
- Indian Oil Corporation Limited
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- Simpson Spence & Young - Indonesia
- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
- Energy Link Ltd, New Zealand
- Sindya Power Generating Company Private Ltd
- Bharathi Cement Corporation - India
- SN Aboitiz Power Inc, Philippines
- Central Electricity Authority - India
- McConnell Dowell - Australia
- Bukit Makmur.PT - Indonesia
- Antam Resourcindo - Indonesia
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Therma Luzon, Inc, Philippines
- Wilmar Investment Holdings
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- Ministry of Mines - Canada
- Indonesian Coal Mining Association
- San Jose City I Power Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Thiess Contractors Indonesia
- Sical Logistics Limited - India
- Videocon Industries ltd - India
- Parliament of New Zealand
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- Ministry of Finance - Indonesia
- Pendopo Energi Batubara - Indonesia
- Sakthi Sugars Limited - India
- Goldman Sachs - Singapore
- Bhushan Steel Limited - India
- Port Waratah Coal Services - Australia
- Aditya Birla Group - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- European Bulk Services B.V. - Netherlands
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- Bukit Baiduri Energy - Indonesia
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- Romanian Commodities Exchange
- The University of Queensland
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- LBH Netherlands Bv - Netherlands
- Gujarat Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Marubeni Corporation - India
- Meenaskhi Energy Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Riau Bara Harum - Indonesia
- Neyveli Lignite Corporation Ltd, - India
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- Alfred C Toepfer International GmbH - Germany
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- International Coal Ventures Pvt Ltd - India
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