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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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- Indian Oil Corporation Limited
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- Energy Development Corp, Philippines
- Mercator Lines Limited - India
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- Trasteel International SA, Italy
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- Salva Resources Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Binh Thuan Hamico - Vietnam
- Chettinad Cement Corporation Ltd - India
- White Energy Company Limited
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- Bangladesh Power Developement Board
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- Parliament of New Zealand
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- Jorong Barutama Greston.PT - Indonesia
- Mjunction Services Limited - India
- Kaltim Prima Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Kobexindo Tractors - Indoneisa
- Iligan Light & Power Inc, Philippines
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- Videocon Industries ltd - India
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- Siam City Cement - Thailand
- Attock Cement Pakistan Limited
- Petrochimia International Co. Ltd.- Taiwan
- Coastal Gujarat Power Limited - India
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- European Bulk Services B.V. - Netherlands
- Chamber of Mines of South Africa
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- Bulk Trading Sa - Switzerland
- Jindal Steel & Power Ltd - India
- Energy Link Ltd, New Zealand
- Agrawal Coal Company - India
- Deloitte Consulting - India
- Coalindo Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Therma Luzon, Inc, Philippines
- Indian Energy Exchange, India
- IHS Mccloskey Coal Group - USA
- Parry Sugars Refinery, India
- Gujarat Mineral Development Corp Ltd - India
- Bhatia International Limited - India
- GVK Power & Infra Limited - India
- The Treasury - Australian Government
- Sical Logistics Limited - India
- LBH Netherlands Bv - Netherlands
- Rio Tinto Coal - Australia
- Tamil Nadu electricity Board
- TNB Fuel Sdn Bhd - Malaysia
- Goldman Sachs - Singapore
- Wood Mackenzie - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Bukit Baiduri Energy - Indonesia
- Standard Chartered Bank - UAE
- Indonesian Coal Mining Association
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- Manunggal Multi Energi - Indonesia
- MS Steel International - UAE
- ICICI Bank Limited - India
- Bukit Makmur.PT - Indonesia
- Eastern Energy - Thailand
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- Bahari Cakrawala Sebuku - Indonesia
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- Bhushan Steel Limited - India
- Romanian Commodities Exchange
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- Vijayanagar Sugar Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- New Zealand Coal & Carbon
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- Kapuas Tunggal Persada - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Samtan Co., Ltd - South Korea
- Minerals Council of Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Barasentosa Lestari - Indonesia
- SMC Global Power, Philippines
- Sree Jayajothi Cements Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Wilmar Investment Holdings
- Meenaskhi Energy Private Limited - India
- Malabar Cements Ltd - India
- SMG Consultants - Indonesia
- Bayan Resources Tbk. - Indonesia
- Power Finance Corporation Ltd., India
- Cigading International Bulk Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- International Coal Ventures Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Global Coal Blending Company Limited - Australia
- Australian Coal Association
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- Indogreen Group - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- Eastern Coal Council - USA
- Larsen & Toubro Limited - India
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- Oldendorff Carriers - Singapore
- London Commodity Brokers - England
- Savvy Resources Ltd - HongKong
- Mintek Dendrill Indonesia
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- Posco Energy - South Korea
- Tata Chemicals Ltd - India
- Pendopo Energi Batubara - Indonesia
- Central Electricity Authority - India
- Kepco SPC Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Gujarat Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Orica Mining Services - Indonesia
- Ministry of Finance - Indonesia
- The State Trading Corporation of India Ltd
- Latin American Coal - Colombia
- Antam Resourcindo - Indonesia
- VISA Power Limited - India
- Economic Council, Georgia
- Vizag Seaport Private Limited - India
- Africa Commodities Group - South Africa
- Electricity Authority, New Zealand
- Indo Tambangraya Megah - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Essar Steel Hazira Ltd - India
- PNOC Exploration Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Sakthi Sugars Limited - India
- Krishnapatnam Port Company Ltd. - India
- Xindia Steels Limited - India
- Planning Commission, India
- PTC India Limited - India
- Semirara Mining and Power Corporation, Philippines
- Georgia Ports Authority, United States
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sojitz Corporation - Japan
- Formosa Plastics Group - Taiwan
- Medco Energi Mining Internasional
- Rashtriya Ispat Nigam Limited - India
- Kalimantan Lumbung Energi - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining Corp, Philippines
- Interocean Group of Companies - India
- Renaissance Capital - South Africa
- Kumho Petrochemical, South Korea
- Uttam Galva Steels Limited - India
- Altura Mining Limited, Indonesia
- Makarim & Taira - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Cement Manufacturers Association - India
- Intertek Mineral Services - Indonesia
- PowerSource Philippines DevCo
- Meralco Power Generation, Philippines
- Lanco Infratech Ltd - India
- Timah Investasi Mineral - Indoneisa
- Gujarat Sidhee Cement - India
- McConnell Dowell - Australia
- India Bulls Power Limited - India
- Grasim Industreis Ltd - India
- Heidelberg Cement - Germany
- Singapore Mercantile Exchange
- Baramulti Group, Indonesia
- Central Java Power - Indonesia
- CNBM International Corporation - China
- Globalindo Alam Lestari - Indonesia
- Coal and Oil Company - UAE
- Simpson Spence & Young - Indonesia
- Siam City Cement PLC, Thailand
- Kideco Jaya Agung - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Commonwealth Bank - Australia
- Banpu Public Company Limited - Thailand
- Indika Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Toyota Tsusho Corporation, Japan
- Riau Bara Harum - Indonesia
- Thiess Contractors Indonesia
- The University of Queensland
- Kartika Selabumi Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- SN Aboitiz Power Inc, Philippines
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