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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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- Singapore Mercantile Exchange
- Petron Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The State Trading Corporation of India Ltd
- Bhoruka Overseas - Indonesia
- Meenaskhi Energy Private Limited - India
- Thai Mozambique Logistica
- Kohat Cement Company Ltd. - Pakistan
- Simpson Spence & Young - Indonesia
- Baramulti Group, Indonesia
- Jaiprakash Power Ventures ltd
- International Coal Ventures Pvt Ltd - India
- Electricity Generating Authority of Thailand
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- The Treasury - Australian Government
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- GAC Shipping (India) Pvt Ltd
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- Chamber of Mines of South Africa
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- Renaissance Capital - South Africa
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- Orica Australia Pty. Ltd.
- Barasentosa Lestari - Indonesia
- Semirara Mining Corp, Philippines
- Sical Logistics Limited - India
- Kobexindo Tractors - Indoneisa
- GMR Energy Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Sarangani Energy Corporation, Philippines
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- Bulk Trading Sa - Switzerland
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- Indogreen Group - Indonesia
- Georgia Ports Authority, United States
- Aboitiz Power Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Bangladesh Power Developement Board
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- Posco Energy - South Korea
- Parliament of New Zealand
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- White Energy Company Limited
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- Electricity Authority, New Zealand
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- Global Business Power Corporation, Philippines
- Indian Oil Corporation Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Finance - Indonesia
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- TNB Fuel Sdn Bhd - Malaysia
- Salva Resources Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Xindia Steels Limited - India
- Sojitz Corporation - Japan
- New Zealand Coal & Carbon
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- Eastern Energy - Thailand
- South Luzon Thermal Energy Corporation
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- Mercator Lines Limited - India
- Eastern Coal Council - USA
- Marubeni Corporation - India
- Central Java Power - Indonesia
- Orica Mining Services - Indonesia
- Binh Thuan Hamico - Vietnam
- Globalindo Alam Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- IEA Clean Coal Centre - UK
- GVK Power & Infra Limited - India
- Malabar Cements Ltd - India
- Planning Commission, India
- Leighton Contractors Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Altura Mining Limited, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Essar Steel Hazira Ltd - India
- Interocean Group of Companies - India
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- Mjunction Services Limited - India
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- Ministry of Mines - Canada
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- Borneo Indobara - Indonesia
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- Edison Trading Spa - Italy
- CNBM International Corporation - China
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- PTC India Limited - India
- Ministry of Transport, Egypt
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- Romanian Commodities Exchange
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- TeaM Sual Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- San Jose City I Power Corp, Philippines
- Siam City Cement - Thailand
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Therma Luzon, Inc, Philippines
- The University of Queensland
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- ICICI Bank Limited - India
- Banpu Public Company Limited - Thailand
- PNOC Exploration Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Wood Mackenzie - Singapore
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- Karaikal Port Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Minerals Council of Australia
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- London Commodity Brokers - England
- PetroVietnam Power Coal Import and Supply Company
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Power Finance Corporation Ltd., India
- VISA Power Limited - India
- Australian Commodity Traders Exchange
- Star Paper Mills Limited - India
- Formosa Plastics Group - Taiwan
- Indonesian Coal Mining Association
- Chettinad Cement Corporation Ltd - India
- Standard Chartered Bank - UAE
- Savvy Resources Ltd - HongKong
- Independent Power Producers Association of India
- India Bulls Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
- Directorate Of Revenue Intelligence - India
- Larsen & Toubro Limited - India
- Medco Energi Mining Internasional
- Bhushan Steel Limited - India
- Madhucon Powers Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vizag Seaport Private Limited - India
- Agrawal Coal Company - India
- Central Electricity Authority - India
- Tamil Nadu electricity Board
- Parry Sugars Refinery, India
- Uttam Galva Steels Limited - India
- Ambuja Cements Ltd - India
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- Coastal Gujarat Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Ind-Barath Power Infra Limited - India
- Coal and Oil Company - UAE
- Cigading International Bulk Terminal - Indonesia
- Kumho Petrochemical, South Korea
- Kepco SPC Power Corporation, Philippines
- Videocon Industries ltd - India
- Lanco Infratech Ltd - India
- Sree Jayajothi Cements Limited - India
- Vedanta Resources Plc - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Development Corp, Philippines
- Coalindo Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Indika Energy - Indonesia
- Mintek Dendrill Indonesia
- PowerSource Philippines DevCo
- Holcim Trading Pte Ltd - Singapore
- Kartika Selabumi Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- SMG Consultants - Indonesia
- Rio Tinto Coal - Australia
- Bayan Resources Tbk. - Indonesia
- Bharathi Cement Corporation - India
- ASAPP Information Group - India
- Bahari Cakrawala Sebuku - Indonesia
- McConnell Dowell - Australia
- AsiaOL BioFuels Corp., Philippines
- Oldendorff Carriers - Singapore
- Toyota Tsusho Corporation, Japan
- Latin American Coal - Colombia
- Bukit Makmur.PT - Indonesia
- Australian Coal Association
- Economic Council, Georgia
- SMC Global Power, Philippines
- Energy Link Ltd, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Intertek Mineral Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- European Bulk Services B.V. - Netherlands
- Africa Commodities Group - South Africa
- Heidelberg Cement - Germany
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