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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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- Mjunction Services Limited - India
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- Sakthi Sugars Limited - India
- Sree Jayajothi Cements Limited - India
- Eastern Energy - Thailand
- Bhushan Steel Limited - India
- PNOC Exploration Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Australian Commodity Traders Exchange
- Romanian Commodities Exchange
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- Mercator Lines Limited - India
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- Billiton Holdings Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- IHS Mccloskey Coal Group - USA
- GVK Power & Infra Limited - India
- South Luzon Thermal Energy Corporation
- Savvy Resources Ltd - HongKong
- Heidelberg Cement - Germany
- Cement Manufacturers Association - India
- VISA Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Maharashtra Electricity Regulatory Commission - India
- The University of Queensland
- Carbofer General Trading SA - India
- Gujarat Sidhee Cement - India
- Economic Council, Georgia
- Power Finance Corporation Ltd., India
- Bukit Baiduri Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Africa Commodities Group - South Africa
- Posco Energy - South Korea
- SMG Consultants - Indonesia
- LBH Netherlands Bv - Netherlands
- Siam City Cement PLC, Thailand
- Sical Logistics Limited - India
- Uttam Galva Steels Limited - India
- Indonesian Coal Mining Association
- Global Green Power PLC Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Kideco Jaya Agung - Indonesia
- Renaissance Capital - South Africa
- Price Waterhouse Coopers - Russia
- Miang Besar Coal Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- Larsen & Toubro Limited - India
- McConnell Dowell - Australia
- Electricity Authority, New Zealand
- Edison Trading Spa - Italy
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- Port Waratah Coal Services - Australia
- Aboitiz Power Corporation - Philippines
- Eastern Coal Council - USA
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- Anglo American - United Kingdom
- Kaltim Prima Coal - Indonesia
- Dalmia Cement Bharat India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parliament of New Zealand
- Agrawal Coal Company - India
- Bahari Cakrawala Sebuku - Indonesia
- PowerSource Philippines DevCo
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- Planning Commission, India
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- London Commodity Brokers - England
- Bulk Trading Sa - Switzerland
- Bhoruka Overseas - Indonesia
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- Formosa Plastics Group - Taiwan
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- Banpu Public Company Limited - Thailand
- Star Paper Mills Limited - India
- Indian Oil Corporation Limited
- GAC Shipping (India) Pvt Ltd
- Therma Luzon, Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
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- Simpson Spence & Young - Indonesia
- Kumho Petrochemical, South Korea
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- Merrill Lynch Commodities Europe
- Global Business Power Corporation, Philippines
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- Electricity Generating Authority of Thailand
- Bayan Resources Tbk. - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Wilmar Investment Holdings
- SN Aboitiz Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Tata Chemicals Ltd - India
- Commonwealth Bank - Australia
- Sinarmas Energy and Mining - Indonesia
- PTC India Limited - India
- Marubeni Corporation - India
- Essar Steel Hazira Ltd - India
- Toyota Tsusho Corporation, Japan
- Thiess Contractors Indonesia
- Independent Power Producers Association of India
- Coastal Gujarat Power Limited - India
- Medco Energi Mining Internasional
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- The State Trading Corporation of India Ltd
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- Indika Energy - Indonesia
- Wood Mackenzie - Singapore
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- Tamil Nadu electricity Board
- New Zealand Coal & Carbon
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- Georgia Ports Authority, United States
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- Meenaskhi Energy Private Limited - India
- Riau Bara Harum - Indonesia
- Directorate Of Revenue Intelligence - India
- Energy Link Ltd, New Zealand
- Energy Development Corp, Philippines
- Metalloyd Limited - United Kingdom
- Ministry of Finance - Indonesia
- Indogreen Group - Indonesia
- Chamber of Mines of South Africa
- Jorong Barutama Greston.PT - Indonesia
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- MS Steel International - UAE
- Kartika Selabumi Mining - Indonesia
- Rio Tinto Coal - Australia
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- Ministry of Mines - Canada
- Ceylon Electricity Board - Sri Lanka
- Oldendorff Carriers - Singapore
- Bangladesh Power Developement Board
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- Madhucon Powers Ltd - India
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- Indo Tambangraya Megah - Indonesia
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- Australian Coal Association
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- Ministry of Transport, Egypt
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- Indian Energy Exchange, India
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- GN Power Mariveles Coal Plant, Philippines
- Thai Mozambique Logistica
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- Barasentosa Lestari - Indonesia
- Trasteel International SA, Italy
- Xindia Steels Limited - India
- Aditya Birla Group - India
- Samtan Co., Ltd - South Korea
- Mercuria Energy - Indonesia
- Central Electricity Authority - India
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- Ambuja Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Vedanta Resources Plc - India
- White Energy Company Limited
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