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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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- Parry Sugars Refinery, India
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- Vedanta Resources Plc - India
- Romanian Commodities Exchange
- Goldman Sachs - Singapore
- Electricity Generating Authority of Thailand
- SMC Global Power, Philippines
- India Bulls Power Limited - India
- Madhucon Powers Ltd - India
- Oldendorff Carriers - Singapore
- Deloitte Consulting - India
- Bhoruka Overseas - Indonesia
- Standard Chartered Bank - UAE
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Chettinad Cement Corporation Ltd - India
- Altura Mining Limited, Indonesia
- SMG Consultants - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Star Paper Mills Limited - India
- Global Business Power Corporation, Philippines
- MS Steel International - UAE
- Coal and Oil Company - UAE
- Makarim & Taira - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Simpson Spence & Young - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Ministry of Finance - Indonesia
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- Heidelberg Cement - Germany
- Karbindo Abesyapradhi - Indoneisa
- Price Waterhouse Coopers - Russia
- Essar Steel Hazira Ltd - India
- Ministry of Mines - Canada
- Thai Mozambique Logistica
- Sindya Power Generating Company Private Ltd
- Mercator Lines Limited - India
- GVK Power & Infra Limited - India
- Global Coal Blending Company Limited - Australia
- South Luzon Thermal Energy Corporation
- London Commodity Brokers - England
- Petrochimia International Co. Ltd.- Taiwan
- Krishnapatnam Port Company Ltd. - India
- Minerals Council of Australia
- Maharashtra Electricity Regulatory Commission - India
- Economic Council, Georgia
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- Cement Manufacturers Association - India
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- Merrill Lynch Commodities Europe
- Coalindo Energy - Indonesia
- White Energy Company Limited
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- Kideco Jaya Agung - Indonesia
- IHS Mccloskey Coal Group - USA
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- PNOC Exploration Corporation - Philippines
- Energy Link Ltd, New Zealand
- Aboitiz Power Corporation - Philippines
- Carbofer General Trading SA - India
- Directorate General of MIneral and Coal - Indonesia
- Bhatia International Limited - India
- CIMB Investment Bank - Malaysia
- OPG Power Generation Pvt Ltd - India
- Dalmia Cement Bharat India
- Marubeni Corporation - India
- Xindia Steels Limited - India
- Siam City Cement - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Posco Energy - South Korea
- Aditya Birla Group - India
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- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement PLC, Thailand
- Singapore Mercantile Exchange
- Energy Development Corp, Philippines
- Tata Chemicals Ltd - India
- Metalloyd Limited - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- Sarangani Energy Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Indian Oil Corporation Limited
- Wood Mackenzie - Singapore
- Kumho Petrochemical, South Korea
- GAC Shipping (India) Pvt Ltd
- The Treasury - Australian Government
- Gujarat Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
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- Grasim Industreis Ltd - India
- Mintek Dendrill Indonesia
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- New Zealand Coal & Carbon
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- Bangladesh Power Developement Board
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- Sinarmas Energy and Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Australian Coal Association
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- Georgia Ports Authority, United States
- Kapuas Tunggal Persada - Indonesia
- Jindal Steel & Power Ltd - India
- Sakthi Sugars Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Thiess Contractors Indonesia
- PowerSource Philippines DevCo
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- The State Trading Corporation of India Ltd
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- Jorong Barutama Greston.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Therma Luzon, Inc, Philippines
- Orica Mining Services - Indonesia
- ICICI Bank Limited - India
- Malabar Cements Ltd - India
- Salva Resources Pvt Ltd - India
- CNBM International Corporation - China
- Kalimantan Lumbung Energi - Indonesia
- Manunggal Multi Energi - Indonesia
- Independent Power Producers Association of India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Kaltim Prima Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
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- Anglo American - United Kingdom
- Samtan Co., Ltd - South Korea
- Larsen & Toubro Limited - India
- Wilmar Investment Holdings
- The University of Queensland
- GN Power Mariveles Coal Plant, Philippines
- Ceylon Electricity Board - Sri Lanka
- Australian Commodity Traders Exchange
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- Chamber of Mines of South Africa
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- Videocon Industries ltd - India
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- Ind-Barath Power Infra Limited - India
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- Gujarat Sidhee Cement - India
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- Kohat Cement Company Ltd. - Pakistan
- Binh Thuan Hamico - Vietnam
- Ministry of Transport, Egypt
- Pendopo Energi Batubara - Indonesia
- VISA Power Limited - India
- Electricity Authority, New Zealand
- Lanco Infratech Ltd - India
- Rio Tinto Coal - Australia
- Agrawal Coal Company - India
- Coastal Gujarat Power Limited - India
- Sree Jayajothi Cements Limited - India
- Power Finance Corporation Ltd., India
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- Eastern Coal Council - USA
- Semirara Mining and Power Corporation, Philippines
- McConnell Dowell - Australia
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- Indonesian Coal Mining Association
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