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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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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parliament of New Zealand
- Coal and Oil Company - UAE
- Economic Council, Georgia
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- Romanian Commodities Exchange
- Tamil Nadu electricity Board
- LBH Netherlands Bv - Netherlands
- Dalmia Cement Bharat India
- Minerals Council of Australia
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- Heidelberg Cement - Germany
- Indian Energy Exchange, India
- GN Power Mariveles Coal Plant, Philippines
- The Treasury - Australian Government
- Latin American Coal - Colombia
- Altura Mining Limited, Indonesia
- McConnell Dowell - Australia
- Bulk Trading Sa - Switzerland
- Singapore Mercantile Exchange
- Ministry of Transport, Egypt
- Gujarat Sidhee Cement - India
- Leighton Contractors Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- Thiess Contractors Indonesia
- Eastern Coal Council - USA
- Kepco SPC Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- SN Aboitiz Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Global Green Power PLC Corporation, Philippines
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- European Bulk Services B.V. - Netherlands
- Commonwealth Bank - Australia
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- Vijayanagar Sugar Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Price Waterhouse Coopers - Russia
- PowerSource Philippines DevCo
- Star Paper Mills Limited - India
- Sindya Power Generating Company Private Ltd
- Africa Commodities Group - South Africa
- Barasentosa Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Samtan Co., Ltd - South Korea
- Trasteel International SA, Italy
- Kideco Jaya Agung - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bangladesh Power Developement Board
- Billiton Holdings Pty Ltd - Australia
- Aditya Birla Group - India
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- Metalloyd Limited - United Kingdom
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- Bhatia International Limited - India
- Coalindo Energy - Indonesia
- Vizag Seaport Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Posco Energy - South Korea
- Straits Asia Resources Limited - Singapore
- Agrawal Coal Company - India
- TNB Fuel Sdn Bhd - Malaysia
- Therma Luzon, Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Marubeni Corporation - India
- Energy Development Corp, Philippines
- SMG Consultants - Indonesia
- Karaikal Port Pvt Ltd - India
- IEA Clean Coal Centre - UK
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- Indika Energy - Indonesia
- Ind-Barath Power Infra Limited - India
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- Intertek Mineral Services - Indonesia
- India Bulls Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Global Business Power Corporation, Philippines
- Deloitte Consulting - India
- GAC Shipping (India) Pvt Ltd
- PNOC Exploration Corporation - Philippines
- Petron Corporation, Philippines
- Attock Cement Pakistan Limited
- Wood Mackenzie - Singapore
- Vedanta Resources Plc - India
- London Commodity Brokers - England
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sical Logistics Limited - India
- Essar Steel Hazira Ltd - India
- Sarangani Energy Corporation, Philippines
- Central Java Power - Indonesia
- Kumho Petrochemical, South Korea
- PTC India Limited - India
- Makarim & Taira - Indonesia
- Port Waratah Coal Services - Australia
- Videocon Industries ltd - India
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- Aboitiz Power Corporation - Philippines
- IHS Mccloskey Coal Group - USA
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- Oldendorff Carriers - Singapore
- Goldman Sachs - Singapore
- Bharathi Cement Corporation - India
- Sojitz Corporation - Japan
- MS Steel International - UAE
- Thai Mozambique Logistica
- Independent Power Producers Association of India
- TeaM Sual Corporation - Philippines
- Standard Chartered Bank - UAE
- Rio Tinto Coal - Australia
- Jindal Steel & Power Ltd - India
- Bukit Makmur.PT - Indonesia
- Planning Commission, India
- Binh Thuan Hamico - Vietnam
- Coastal Gujarat Power Limited - India
- New Zealand Coal & Carbon
- South Luzon Thermal Energy Corporation
- Indonesian Coal Mining Association
- Ceylon Electricity Board - Sri Lanka
- Asmin Koalindo Tuhup - Indonesia
- Eastern Energy - Thailand
- Merrill Lynch Commodities Europe
- Ministry of Mines - Canada
- Pendopo Energi Batubara - Indonesia
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- Electricity Authority, New Zealand
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- Antam Resourcindo - Indonesia
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- San Jose City I Power Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Medco Energi Mining Internasional
- Larsen & Toubro Limited - India
- Rashtriya Ispat Nigam Limited - India
- Edison Trading Spa - Italy
- Tata Chemicals Ltd - India
- Renaissance Capital - South Africa
- Georgia Ports Authority, United States
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- CNBM International Corporation - China
- Carbofer General Trading SA - India
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- Electricity Generating Authority of Thailand
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- GMR Energy Limited - India
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- Ministry of Finance - Indonesia
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- Australian Coal Association
- The University of Queensland
- ICICI Bank Limited - India
- Alfred C Toepfer International GmbH - Germany
- Chamber of Mines of South Africa
- Bhoruka Overseas - Indonesia
- CIMB Investment Bank - Malaysia
- Banpu Public Company Limited - Thailand
- Xindia Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- The State Trading Corporation of India Ltd
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- Salva Resources Pvt Ltd - India
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- Energy Link Ltd, New Zealand
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- Directorate General of MIneral and Coal - Indonesia
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