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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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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Economic Council, Georgia
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- Bangladesh Power Developement Board
- Billiton Holdings Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Bhushan Steel Limited - India
- Karaikal Port Pvt Ltd - India
- Indonesian Coal Mining Association
- The University of Queensland
- Makarim & Taira - Indonesia
- Sindya Power Generating Company Private Ltd
- Chamber of Mines of South Africa
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- White Energy Company Limited
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- Samtan Co., Ltd - South Korea
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- Antam Resourcindo - Indonesia
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- Barasentosa Lestari - Indonesia
- Siam City Cement - Thailand
- Bhatia International Limited - India
- Riau Bara Harum - Indonesia
- Interocean Group of Companies - India
- Goldman Sachs - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Videocon Industries ltd - India
- Gujarat Sidhee Cement - India
- Edison Trading Spa - Italy
- Port Waratah Coal Services - Australia
- International Coal Ventures Pvt Ltd - India
- Vedanta Resources Plc - India
- PowerSource Philippines DevCo
- Australian Coal Association
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- TeaM Sual Corporation - Philippines
- Planning Commission, India
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- Maharashtra Electricity Regulatory Commission - India
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- Electricity Authority, New Zealand
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- GVK Power & Infra Limited - India
- Baramulti Group, Indonesia
- Eastern Coal Council - USA
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- Kobexindo Tractors - Indoneisa
- Meenaskhi Energy Private Limited - India
- Lanco Infratech Ltd - India
- Mintek Dendrill Indonesia
- OPG Power Generation Pvt Ltd - India
- Central Java Power - Indonesia
- Central Electricity Authority - India
- The Treasury - Australian Government
- Energy Development Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- MS Steel International - UAE
- Orica Mining Services - Indonesia
- Salva Resources Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Ministry of Transport, Egypt
- Agrawal Coal Company - India
- Indian Oil Corporation Limited
- Globalindo Alam Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Dalmia Cement Bharat India
- Carbofer General Trading SA - India
- Power Finance Corporation Ltd., India
- Toyota Tsusho Corporation, Japan
- McConnell Dowell - Australia
- Timah Investasi Mineral - Indoneisa
- Sical Logistics Limited - India
- Australian Commodity Traders Exchange
- Meralco Power Generation, Philippines
- Coal and Oil Company - UAE
- Straits Asia Resources Limited - Singapore
- Standard Chartered Bank - UAE
- Eastern Energy - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Africa Commodities Group - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Indian Energy Exchange, India
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- VISA Power Limited - India
- Thiess Contractors Indonesia
- IHS Mccloskey Coal Group - USA
- Gujarat Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Xindia Steels Limited - India
- CNBM International Corporation - China
- Commonwealth Bank - Australia
- Ministry of Mines - Canada
- Ambuja Cements Ltd - India
- Madhucon Powers Ltd - India
- Posco Energy - South Korea
- India Bulls Power Limited - India
- Global Business Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Trasteel International SA, Italy
- Kapuas Tunggal Persada - Indonesia
- CIMB Investment Bank - Malaysia
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- ICICI Bank Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- Indogreen Group - Indonesia
- The State Trading Corporation of India Ltd
- Georgia Ports Authority, United States
- TNB Fuel Sdn Bhd - Malaysia
- Parliament of New Zealand
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- Aboitiz Power Corporation - Philippines
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- GN Power Mariveles Coal Plant, Philippines
- AsiaOL BioFuels Corp., Philippines
- Wood Mackenzie - Singapore
- Price Waterhouse Coopers - Russia
- Metalloyd Limited - United Kingdom
- Banpu Public Company Limited - Thailand
- Minerals Council of Australia
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement PLC, Thailand
- Bhoruka Overseas - Indonesia
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Anglo American - United Kingdom
- Energy Link Ltd, New Zealand
- IEA Clean Coal Centre - UK
- Maheswari Brothers Coal Limited - India
- GAC Shipping (India) Pvt Ltd
- Altura Mining Limited, Indonesia
- Tamil Nadu electricity Board
- Romanian Commodities Exchange
- Jindal Steel & Power Ltd - India
- Kumho Petrochemical, South Korea
- South Luzon Thermal Energy Corporation
- Holcim Trading Pte Ltd - Singapore
- Indo Tambangraya Megah - Indonesia
- Bayan Resources Tbk. - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Therma Luzon, Inc, Philippines
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