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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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- Iligan Light & Power Inc, Philippines
- Indian Energy Exchange, India
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- Formosa Plastics Group - Taiwan
- Vizag Seaport Private Limited - India
- London Commodity Brokers - England
- Carbofer General Trading SA - India
- Pendopo Energi Batubara - Indonesia
- SMG Consultants - Indonesia
- Minerals Council of Australia
- GAC Shipping (India) Pvt Ltd
- Independent Power Producers Association of India
- Medco Energi Mining Internasional
- ASAPP Information Group - India
- Deloitte Consulting - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tamil Nadu electricity Board
- Semirara Mining and Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Manunggal Multi Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- Parliament of New Zealand
- Simpson Spence & Young - Indonesia
- IHS Mccloskey Coal Group - USA
- Australian Coal Association
- Larsen & Toubro Limited - India
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- Orica Mining Services - Indonesia
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- Mercuria Energy - Indonesia
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- Altura Mining Limited, Indonesia
- Antam Resourcindo - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- MS Steel International - UAE
- Baramulti Group, Indonesia
- Attock Cement Pakistan Limited
- Toyota Tsusho Corporation, Japan
- GN Power Mariveles Coal Plant, Philippines
- Cigading International Bulk Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Ministry of Mines - Canada
- AsiaOL BioFuels Corp., Philippines
- Eastern Coal Council - USA
- Indogreen Group - Indonesia
- Energy Link Ltd, New Zealand
- Bangladesh Power Developement Board
- IEA Clean Coal Centre - UK
- Jindal Steel & Power Ltd - India
- Meralco Power Generation, Philippines
- Mjunction Services Limited - India
- Georgia Ports Authority, United States
- New Zealand Coal & Carbon
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- Aboitiz Power Corporation - Philippines
- South Luzon Thermal Energy Corporation
- PTC India Limited - India
- Alfred C Toepfer International GmbH - Germany
- Parry Sugars Refinery, India
- Dalmia Cement Bharat India
- Kaltim Prima Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Commonwealth Bank - Australia
- LBH Netherlands Bv - Netherlands
- Bayan Resources Tbk. - Indonesia
- Bhushan Steel Limited - India
- Indonesian Coal Mining Association
- Pipit Mutiara Jaya. PT, Indonesia
- GMR Energy Limited - India
- Ministry of Transport, Egypt
- Krishnapatnam Port Company Ltd. - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Barasentosa Lestari - Indonesia
- Goldman Sachs - Singapore
- Rashtriya Ispat Nigam Limited - India
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- Samtan Co., Ltd - South Korea
- Renaissance Capital - South Africa
- Petron Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Star Paper Mills Limited - India
- Thai Mozambique Logistica
- Xindia Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Marubeni Corporation - India
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- Globalindo Alam Lestari - Indonesia
- Semirara Mining Corp, Philippines
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- SN Aboitiz Power Inc, Philippines
- SMC Global Power, Philippines
- Merrill Lynch Commodities Europe
- Electricity Authority, New Zealand
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- Oldendorff Carriers - Singapore
- Holcim Trading Pte Ltd - Singapore
- Mintek Dendrill Indonesia
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- Videocon Industries ltd - India
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- Mercator Lines Limited - India
- Sinarmas Energy and Mining - Indonesia
- Ministry of Finance - Indonesia
- Kartika Selabumi Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Sree Jayajothi Cements Limited - India
- Indika Energy - Indonesia
- Bhoruka Overseas - Indonesia
- ICICI Bank Limited - India
- Orica Australia Pty. Ltd.
- Australian Commodity Traders Exchange
- Asmin Koalindo Tuhup - Indonesia
- Indo Tambangraya Megah - Indonesia
- Coalindo Energy - Indonesia
- Aditya Birla Group - India
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- Offshore Bulk Terminal Pte Ltd, Singapore
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The Treasury - Australian Government
- Thiess Contractors Indonesia
- Electricity Generating Authority of Thailand
- Bukit Baiduri Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Cement Manufacturers Association - India
- Singapore Mercantile Exchange
- Chamber of Mines of South Africa
- Binh Thuan Hamico - Vietnam
- Global Business Power Corporation, Philippines
- Africa Commodities Group - South Africa
- International Coal Ventures Pvt Ltd - India
- Madhucon Powers Ltd - India
- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
- Essar Steel Hazira Ltd - India
- Sindya Power Generating Company Private Ltd
- Economic Council, Georgia
- Directorate Of Revenue Intelligence - India
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- The State Trading Corporation of India Ltd
- Indian Oil Corporation Limited
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- GVK Power & Infra Limited - India
- Savvy Resources Ltd - HongKong
- Gujarat Sidhee Cement - India
- Maharashtra Electricity Regulatory Commission - India
- The University of Queensland
- McConnell Dowell - Australia
- Meenaskhi Energy Private Limited - India
- Bukit Makmur.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
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- Planning Commission, India
- Standard Chartered Bank - UAE
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- Makarim & Taira - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Latin American Coal - Colombia
- Trasteel International SA, Italy
- Uttam Galva Steels Limited - India
- Timah Investasi Mineral - Indoneisa
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