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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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- Parry Sugars Refinery, India
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- Makarim & Taira - Indonesia
- Thiess Contractors Indonesia
- Coal and Oil Company - UAE
- Mjunction Services Limited - India
- Vedanta Resources Plc - India
- Medco Energi Mining Internasional
- Kartika Selabumi Mining - Indonesia
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- GAC Shipping (India) Pvt Ltd
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- Tata Chemicals Ltd - India
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- International Coal Ventures Pvt Ltd - India
- Ministry of Transport, Egypt
- Economic Council, Georgia
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- Kumho Petrochemical, South Korea
- Trasteel International SA, Italy
- Orica Mining Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Coalindo Energy - Indonesia
- IEA Clean Coal Centre - UK
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- New Zealand Coal & Carbon
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- Romanian Commodities Exchange
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- Georgia Ports Authority, United States
- Edison Trading Spa - Italy
- Latin American Coal - Colombia
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- Mintek Dendrill Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Salva Resources Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Indian Oil Corporation Limited
- Barasentosa Lestari - Indonesia
- Eastern Coal Council - USA
- Anglo American - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- CNBM International Corporation - China
- Jaiprakash Power Ventures ltd
- Chamber of Mines of South Africa
- The Treasury - Australian Government
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- White Energy Company Limited
- CIMB Investment Bank - Malaysia
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- Bahari Cakrawala Sebuku - Indonesia
- Singapore Mercantile Exchange
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- Interocean Group of Companies - India
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- Jindal Steel & Power Ltd - India
- Semirara Mining and Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- PowerSource Philippines DevCo
- Rio Tinto Coal - Australia
- Toyota Tsusho Corporation, Japan
- Merrill Lynch Commodities Europe
- Ministry of Mines - Canada
- PTC India Limited - India
- Binh Thuan Hamico - Vietnam
- The State Trading Corporation of India Ltd
- Aboitiz Power Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Siam City Cement - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Grasim Industreis Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Indogreen Group - Indonesia
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- Kideco Jaya Agung - Indonesia
- Essar Steel Hazira Ltd - India
- ICICI Bank Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Heidelberg Cement - Germany
- Antam Resourcindo - Indonesia
- Ind-Barath Power Infra Limited - India
- Uttam Galva Steels Limited - India
- Power Finance Corporation Ltd., India
- Africa Commodities Group - South Africa
- Energy Development Corp, Philippines
- Thai Mozambique Logistica
- Petrochimia International Co. Ltd.- Taiwan
- Maheswari Brothers Coal Limited - India
- Renaissance Capital - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Electricity Generating Authority of Thailand
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- European Bulk Services B.V. - Netherlands
- London Commodity Brokers - England
- Sree Jayajothi Cements Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- The University of Queensland
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- GVK Power & Infra Limited - India
- Ambuja Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Eastern Energy - Thailand
- Energy Link Ltd, New Zealand
- Intertek Mineral Services - Indonesia
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- Global Green Power PLC Corporation, Philippines
- Meralco Power Generation, Philippines
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- Holcim Trading Pte Ltd - Singapore
- Billiton Holdings Pty Ltd - Australia
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- Dalmia Cement Bharat India
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- Sinarmas Energy and Mining - Indonesia
- India Bulls Power Limited - India
- Straits Asia Resources Limited - Singapore
- Petron Corporation, Philippines
- Altura Mining Limited, Indonesia
- Wood Mackenzie - Singapore
- Parliament of New Zealand
- South Luzon Thermal Energy Corporation
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- Wilmar Investment Holdings
- Central Electricity Authority - India
- SN Aboitiz Power Inc, Philippines
- Marubeni Corporation - India
- Baramulti Group, Indonesia
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- Price Waterhouse Coopers - Russia
- Standard Chartered Bank - UAE
- SMG Consultants - Indonesia
- Indian Energy Exchange, India
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- PNOC Exploration Corporation - Philippines
- Carbofer General Trading SA - India
- Therma Luzon, Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Banpu Public Company Limited - Thailand
- Metalloyd Limited - United Kingdom
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- Orica Australia Pty. Ltd.
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- Ceylon Electricity Board - Sri Lanka
- Videocon Industries ltd - India
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- Bukit Makmur.PT - Indonesia
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- Minerals Council of Australia
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