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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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- Petron Corporation, Philippines
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- Binh Thuan Hamico - Vietnam
- Price Waterhouse Coopers - Russia
- Gujarat Mineral Development Corp Ltd - India
- Meenaskhi Energy Private Limited - India
- Coastal Gujarat Power Limited - India
- Banpu Public Company Limited - Thailand
- Directorate Of Revenue Intelligence - India
- South Luzon Thermal Energy Corporation
- Bukit Makmur.PT - Indonesia
- Attock Cement Pakistan Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhushan Steel Limited - India
- Metalloyd Limited - United Kingdom
- Edison Trading Spa - Italy
- IHS Mccloskey Coal Group - USA
- Sindya Power Generating Company Private Ltd
- Formosa Plastics Group - Taiwan
- Grasim Industreis Ltd - India
- Holcim Trading Pte Ltd - Singapore
- PTC India Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Baiduri Energy - Indonesia
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- Energy Development Corp, Philippines
- GMR Energy Limited - India
- Straits Asia Resources Limited - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mjunction Services Limited - India
- ICICI Bank Limited - India
- Bulk Trading Sa - Switzerland
- Electricity Generating Authority of Thailand
- Maharashtra Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- International Coal Ventures Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Latin American Coal - Colombia
- Videocon Industries ltd - India
- OPG Power Generation Pvt Ltd - India
- Bhatia International Limited - India
- Minerals Council of Australia
- Ministry of Finance - Indonesia
- Kartika Selabumi Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- London Commodity Brokers - England
- Marubeni Corporation - India
- India Bulls Power Limited - India
- Indian Oil Corporation Limited
- Trasteel International SA, Italy
- Pipit Mutiara Jaya. PT, Indonesia
- Jindal Steel & Power Ltd - India
- Kalimantan Lumbung Energi - Indonesia
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- Global Coal Blending Company Limited - Australia
- Global Business Power Corporation, Philippines
- Australian Coal Association
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- San Jose City I Power Corp, Philippines
- TeaM Sual Corporation - Philippines
- Deloitte Consulting - India
- Ind-Barath Power Infra Limited - India
- Eastern Coal Council - USA
- Africa Commodities Group - South Africa
- Sojitz Corporation - Japan
- LBH Netherlands Bv - Netherlands
- Malabar Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Mintek Dendrill Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Electricity Authority, New Zealand
- Australian Commodity Traders Exchange
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- Miang Besar Coal Terminal - Indonesia
- Eastern Energy - Thailand
- The University of Queensland
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- Global Green Power PLC Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Xindia Steels Limited - India
- The Treasury - Australian Government
- Lanco Infratech Ltd - India
- Ceylon Electricity Board - Sri Lanka
- VISA Power Limited - India
- Siam City Cement - Thailand
- Salva Resources Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Parry Sugars Refinery, India
- Mercuria Energy - Indonesia
- Thai Mozambique Logistica
- Parliament of New Zealand
- MS Steel International - UAE
- Goldman Sachs - Singapore
- GVK Power & Infra Limited - India
- Singapore Mercantile Exchange
- PNOC Exploration Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Simpson Spence & Young - Indonesia
- Cement Manufacturers Association - India
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- Georgia Ports Authority, United States
- Vedanta Resources Plc - India
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- Bharathi Cement Corporation - India
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- Kaltim Prima Coal - Indonesia
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- Carbofer General Trading SA - India
- Billiton Holdings Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- Bangladesh Power Developement Board
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- Maheswari Brothers Coal Limited - India
- Therma Luzon, Inc, Philippines
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- CNBM International Corporation - China
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- Renaissance Capital - South Africa
- GN Power Mariveles Coal Plant, Philippines
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- Coalindo Energy - Indonesia
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- Kohat Cement Company Ltd. - Pakistan
- Altura Mining Limited, Indonesia
- Sakthi Sugars Limited - India
- Indonesian Coal Mining Association
- Kobexindo Tractors - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- Orica Mining Services - Indonesia
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- Vizag Seaport Private Limited - India
- Planning Commission, India
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- Port Waratah Coal Services - Australia
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- Thiess Contractors Indonesia
- Wilmar Investment Holdings
- White Energy Company Limited
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- Sarangani Energy Corporation, Philippines
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- Coal and Oil Company - UAE
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- Chamber of Mines of South Africa
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- Tamil Nadu electricity Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Standard Chartered Bank - UAE
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- SMC Global Power, Philippines
- Gujarat Sidhee Cement - India
- New Zealand Coal & Carbon
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- Ambuja Cements Ltd - India
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