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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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- Globalindo Alam Lestari - Indonesia
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- Maharashtra Electricity Regulatory Commission - India
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- Thai Mozambique Logistica
- Chettinad Cement Corporation Ltd - India
- Georgia Ports Authority, United States
- Attock Cement Pakistan Limited
- Merrill Lynch Commodities Europe
- Sical Logistics Limited - India
- Wilmar Investment Holdings
- McConnell Dowell - Australia
- CIMB Investment Bank - Malaysia
- PTC India Limited - India
- Medco Energi Mining Internasional
- Ceylon Electricity Board - Sri Lanka
- Baramulti Group, Indonesia
- The State Trading Corporation of India Ltd
- PNOC Exploration Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Intertek Mineral Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- Indika Energy - Indonesia
- CNBM International Corporation - China
- Karbindo Abesyapradhi - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Parliament of New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- GAC Shipping (India) Pvt Ltd
- India Bulls Power Limited - India
- Cement Manufacturers Association - India
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- Indonesian Coal Mining Association
- Straits Asia Resources Limited - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Parry Sugars Refinery, India
- Singapore Mercantile Exchange
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- Orica Australia Pty. Ltd.
- Bhatia International Limited - India
- Oldendorff Carriers - Singapore
- Bhushan Steel Limited - India
- Sree Jayajothi Cements Limited - India
- Mercator Lines Limited - India
- Krishnapatnam Port Company Ltd. - India
- Grasim Industreis Ltd - India
- Sakthi Sugars Limited - India
- Bulk Trading Sa - Switzerland
- Energy Development Corp, Philippines
- Australian Coal Association
- Borneo Indobara - Indonesia
- European Bulk Services B.V. - Netherlands
- SMG Consultants - Indonesia
- Riau Bara Harum - Indonesia
- Goldman Sachs - Singapore
- London Commodity Brokers - England
- Price Waterhouse Coopers - Russia
- Gujarat Mineral Development Corp Ltd - India
- Chamber of Mines of South Africa
- Siam City Cement PLC, Thailand
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- Pipit Mutiara Jaya. PT, Indonesia
- Central Electricity Authority - India
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- Australian Commodity Traders Exchange
- Indian Oil Corporation Limited
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- Miang Besar Coal Terminal - Indonesia
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- Holcim Trading Pte Ltd - Singapore
- Barasentosa Lestari - Indonesia
- Edison Trading Spa - Italy
- Salva Resources Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Indian Energy Exchange, India
- Carbofer General Trading SA - India
- Lanco Infratech Ltd - India
- Samtan Co., Ltd - South Korea
- Aditya Birla Group - India
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- Uttam Galva Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- GMR Energy Limited - India
- Sindya Power Generating Company Private Ltd
- Global Coal Blending Company Limited - Australia
- Minerals Council of Australia
- ASAPP Information Group - India
- Central Java Power - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Standard Chartered Bank - UAE
- Neyveli Lignite Corporation Ltd, - India
- Sojitz Corporation - Japan
- Global Business Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Gujarat Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- TNB Fuel Sdn Bhd - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Coal and Oil Company - UAE
- Maheswari Brothers Coal Limited - India
- Bharathi Cement Corporation - India
- Jaiprakash Power Ventures ltd
- Port Waratah Coal Services - Australia
- LBH Netherlands Bv - Netherlands
- Tata Chemicals Ltd - India
- Independent Power Producers Association of India
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhoruka Overseas - Indonesia
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- Vedanta Resources Plc - India
- Iligan Light & Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Latin American Coal - Colombia
- Kohat Cement Company Ltd. - Pakistan
- Formosa Plastics Group - Taiwan
- Africa Commodities Group - South Africa
- Sinarmas Energy and Mining - Indonesia
- Ambuja Cements Ltd - India
- Orica Mining Services - Indonesia
- The Treasury - Australian Government
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- Thiess Contractors Indonesia
- Therma Luzon, Inc, Philippines
- Posco Energy - South Korea
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- Metalloyd Limited - United Kingdom
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- PetroVietnam Power Coal Import and Supply Company
- Wood Mackenzie - Singapore
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- Meralco Power Generation, Philippines
- Planning Commission, India
- Mintek Dendrill Indonesia
- Deloitte Consulting - India
- Ministry of Finance - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Petron Corporation, Philippines
- Kumho Petrochemical, South Korea
- IEA Clean Coal Centre - UK
- IHS Mccloskey Coal Group - USA
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Aboitiz Power Corporation - Philippines
- PowerSource Philippines DevCo
- Makarim & Taira - Indonesia
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Economic Council, Georgia
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- Energy Link Ltd, New Zealand
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