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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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- Bahari Cakrawala Sebuku - Indonesia
- Economic Council, Georgia
- Singapore Mercantile Exchange
- Mintek Dendrill Indonesia
- GAC Shipping (India) Pvt Ltd
- Wilmar Investment Holdings
- Madhucon Powers Ltd - India
- Kartika Selabumi Mining - Indonesia
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- Semirara Mining Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Independent Power Producers Association of India
- Africa Commodities Group - South Africa
- Bhatia International Limited - India
- Chamber of Mines of South Africa
- TeaM Sual Corporation - Philippines
- SMG Consultants - Indonesia
- GVK Power & Infra Limited - India
- Star Paper Mills Limited - India
- Sinarmas Energy and Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Electricity Generating Authority of Thailand
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- Indian Energy Exchange, India
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- Directorate Of Revenue Intelligence - India
- Siam City Cement PLC, Thailand
- Barasentosa Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Malabar Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Central Electricity Authority - India
- Australian Commodity Traders Exchange
- Agrawal Coal Company - India
- Meralco Power Generation, Philippines
- Minerals Council of Australia
- PTC India Limited - India
- Sakthi Sugars Limited - India
- Pendopo Energi Batubara - Indonesia
- Mercator Lines Limited - India
- Manunggal Multi Energi - Indonesia
- McConnell Dowell - Australia
- Timah Investasi Mineral - Indoneisa
- Wood Mackenzie - Singapore
- Australian Coal Association
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- Billiton Holdings Pty Ltd - Australia
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- London Commodity Brokers - England
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- Tamil Nadu electricity Board
- Coalindo Energy - Indonesia
- The Treasury - Australian Government
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- Attock Cement Pakistan Limited
- GMR Energy Limited - India
- Parliament of New Zealand
- Jaiprakash Power Ventures ltd
- Merrill Lynch Commodities Europe
- Rio Tinto Coal - Australia
- Neyveli Lignite Corporation Ltd, - India
- Videocon Industries ltd - India
- Heidelberg Cement - Germany
- Holcim Trading Pte Ltd - Singapore
- Deloitte Consulting - India
- Sojitz Corporation - Japan
- The State Trading Corporation of India Ltd
- Mercuria Energy - Indonesia
- Carbofer General Trading SA - India
- Maharashtra Electricity Regulatory Commission - India
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- Metalloyd Limited - United Kingdom
- Banpu Public Company Limited - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Indian Oil Corporation Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Meenaskhi Energy Private Limited - India
- VISA Power Limited - India
- Grasim Industreis Ltd - India
- Tata Chemicals Ltd - India
- Oldendorff Carriers - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Global Green Power PLC Corporation, Philippines
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- White Energy Company Limited
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- MS Steel International - UAE
- Planning Commission, India
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- The University of Queensland
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- Miang Besar Coal Terminal - Indonesia
- Energy Link Ltd, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Formosa Plastics Group - Taiwan
- Globalindo Alam Lestari - Indonesia
- Indika Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Medco Energi Mining Internasional
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- Global Business Power Corporation, Philippines
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- GN Power Mariveles Coal Plant, Philippines
- Ministry of Transport, Egypt
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- Bangladesh Power Developement Board
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- Mjunction Services Limited - India
- Aboitiz Power Corporation - Philippines
- Kumho Petrochemical, South Korea
- CIMB Investment Bank - Malaysia
- Ministry of Mines - Canada
- Aditya Birla Group - India
- New Zealand Coal & Carbon
- Larsen & Toubro Limited - India
- Makarim & Taira - Indonesia
- Commonwealth Bank - Australia
- ICICI Bank Limited - India
- Price Waterhouse Coopers - Russia
- Krishnapatnam Port Company Ltd. - India
- Ministry of Finance - Indonesia
- India Bulls Power Limited - India
- Indonesian Coal Mining Association
- SMC Global Power, Philippines
- Romanian Commodities Exchange
- Eastern Energy - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Bhoruka Overseas - Indonesia
- Bulk Trading Sa - Switzerland
- Karbindo Abesyapradhi - Indoneisa
- Georgia Ports Authority, United States
- Toyota Tsusho Corporation, Japan
- Kaltim Prima Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Eastern Coal Council - USA
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- Straits Asia Resources Limited - Singapore
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- Dalmia Cement Bharat India
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- Goldman Sachs - Singapore
- Thiess Contractors Indonesia
- IHS Mccloskey Coal Group - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kobexindo Tractors - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Coal and Oil Company - UAE
- Directorate General of MIneral and Coal - Indonesia
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- Electricity Authority, New Zealand
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