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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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- IEA Clean Coal Centre - UK
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- Aboitiz Power Corporation - Philippines
- Orica Australia Pty. Ltd.
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- SN Aboitiz Power Inc, Philippines
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- Gujarat Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Tata Chemicals Ltd - India
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- Economic Council, Georgia
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- SMC Global Power, Philippines
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- Rio Tinto Coal - Australia
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- Georgia Ports Authority, United States
- Indo Tambangraya Megah - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sojitz Corporation - Japan
- Alfred C Toepfer International GmbH - Germany
- The Treasury - Australian Government
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- PTC India Limited - India
- Thai Mozambique Logistica
- New Zealand Coal & Carbon
- Banpu Public Company Limited - Thailand
- Central Java Power - Indonesia
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- Global Business Power Corporation, Philippines
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- Power Finance Corporation Ltd., India
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- Petron Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Eastern Coal Council - USA
- Energy Link Ltd, New Zealand
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- Barasentosa Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Lanco Infratech Ltd - India
- Medco Energi Mining Internasional
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- Karaikal Port Pvt Ltd - India
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- Bukit Makmur.PT - Indonesia
- Formosa Plastics Group - Taiwan
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- Deloitte Consulting - India
- Global Green Power PLC Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Sarangani Energy Corporation, Philippines
- Borneo Indobara - Indonesia
- LBH Netherlands Bv - Netherlands
- Ceylon Electricity Board - Sri Lanka
- Oldendorff Carriers - Singapore
- Uttam Galva Steels Limited - India
- Price Waterhouse Coopers - Russia
- SMG Consultants - Indonesia
- Thiess Contractors Indonesia
- Cement Manufacturers Association - India
- Neyveli Lignite Corporation Ltd, - India
- South Luzon Thermal Energy Corporation
- Binh Thuan Hamico - Vietnam
- OPG Power Generation Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Chamber of Mines of South Africa
- Indian Energy Exchange, India
- Indika Energy - Indonesia
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- Interocean Group of Companies - India
- Makarim & Taira - Indonesia
- London Commodity Brokers - England
- Minerals Council of Australia
- Videocon Industries ltd - India
- Wood Mackenzie - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Toyota Tsusho Corporation, Japan
- The University of Queensland
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- Mjunction Services Limited - India
- Star Paper Mills Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- VISA Power Limited - India
- San Jose City I Power Corp, Philippines
- Mintek Dendrill Indonesia
- Manunggal Multi Energi - Indonesia
- IHS Mccloskey Coal Group - USA
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- Billiton Holdings Pty Ltd - Australia
- Merrill Lynch Commodities Europe
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- Standard Chartered Bank - UAE
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- Jaiprakash Power Ventures ltd
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- Rashtriya Ispat Nigam Limited - India
- Electricity Authority, New Zealand
- Xindia Steels Limited - India
- Simpson Spence & Young - Indonesia
- Kumho Petrochemical, South Korea
- CIMB Investment Bank - Malaysia
- Independent Power Producers Association of India
- Bhatia International Limited - India
- Coal and Oil Company - UAE
- Indogreen Group - Indonesia
- Salva Resources Pvt Ltd - India
- Singapore Mercantile Exchange
- The State Trading Corporation of India Ltd
- Sinarmas Energy and Mining - Indonesia
- Agrawal Coal Company - India
- Global Coal Blending Company Limited - Australia
- ASAPP Information Group - India
- Intertek Mineral Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- Commonwealth Bank - Australia
- Bhoruka Overseas - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- Australian Commodity Traders Exchange
- Parliament of New Zealand
- Semirara Mining Corp, Philippines
- Coalindo Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- Goldman Sachs - Singapore
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- Baramulti Group, Indonesia
- Eastern Energy - Thailand
- European Bulk Services B.V. - Netherlands
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- India Bulls Power Limited - India
- Ministry of Mines - Canada
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- Bangladesh Power Developement Board
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- Indonesian Coal Mining Association
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- Pipit Mutiara Jaya. PT, Indonesia
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- Anglo American - United Kingdom
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Samtan Co., Ltd - South Korea
- Indian Oil Corporation Limited
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- Australian Coal Association
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- Sical Logistics Limited - India
- Metalloyd Limited - United Kingdom
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- Edison Trading Spa - Italy
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- Energy Development Corp, Philippines
- Straits Asia Resources Limited - Singapore
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- Planning Commission, India
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