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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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- Essar Steel Hazira Ltd - India
- VISA Power Limited - India
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- Marubeni Corporation - India
- Toyota Tsusho Corporation, Japan
- Semirara Mining Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Billiton Holdings Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Samtan Co., Ltd - South Korea
- Australian Commodity Traders Exchange
- Interocean Group of Companies - India
- European Bulk Services B.V. - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Simpson Spence & Young - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Posco Energy - South Korea
- Timah Investasi Mineral - Indoneisa
- Trasteel International SA, Italy
- Deloitte Consulting - India
- Barasentosa Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Oldendorff Carriers - Singapore
- Sinarmas Energy and Mining - Indonesia
- Indonesian Coal Mining Association
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- Jaiprakash Power Ventures ltd
- Star Paper Mills Limited - India
- Chamber of Mines of South Africa
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- CNBM International Corporation - China
- London Commodity Brokers - England
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- International Coal Ventures Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Metalloyd Limited - United Kingdom
- Merrill Lynch Commodities Europe
- Uttam Galva Steels Limited - India
- White Energy Company Limited
- ASAPP Information Group - India
- Wood Mackenzie - Singapore
- Maheswari Brothers Coal Limited - India
- Makarim & Taira - Indonesia
- Energy Development Corp, Philippines
- LBH Netherlands Bv - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Vedanta Resources Plc - India
- Mjunction Services Limited - India
- Directorate Of Revenue Intelligence - India
- Parliament of New Zealand
- Baramulti Group, Indonesia
- Ministry of Transport, Egypt
- Bulk Trading Sa - Switzerland
- New Zealand Coal & Carbon
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- Indian Oil Corporation Limited
- Electricity Authority, New Zealand
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- Romanian Commodities Exchange
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- The State Trading Corporation of India Ltd
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- PowerSource Philippines DevCo
- Eastern Energy - Thailand
- The Treasury - Australian Government
- Tata Chemicals Ltd - India
- Medco Energi Mining Internasional
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kaltim Prima Coal - Indonesia
- South Luzon Thermal Energy Corporation
- GVK Power & Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Kapuas Tunggal Persada - Indonesia
- ICICI Bank Limited - India
- Holcim Trading Pte Ltd - Singapore
- Vizag Seaport Private Limited - India
- IEA Clean Coal Centre - UK
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- Malabar Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Thiess Contractors Indonesia
- Carbofer General Trading SA - India
- Kumho Petrochemical, South Korea
- Rashtriya Ispat Nigam Limited - India
- GMR Energy Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhushan Steel Limited - India
- Rio Tinto Coal - Australia
- OPG Power Generation Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhoruka Overseas - Indonesia
- Sarangani Energy Corporation, Philippines
- Goldman Sachs - Singapore
- Dalmia Cement Bharat India
- Cement Manufacturers Association - India
- Ministry of Finance - Indonesia
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- GN Power Mariveles Coal Plant, Philippines
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- Independent Power Producers Association of India
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- Bangladesh Power Developement Board
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- SMC Global Power, Philippines
- Chettinad Cement Corporation Ltd - India
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- Wilmar Investment Holdings
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- Madhucon Powers Ltd - India
- Straits Asia Resources Limited - Singapore
- Gujarat Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Mercator Lines Limited - India
- Siam City Cement - Thailand
- Central Electricity Authority - India
- Anglo American - United Kingdom
- Economic Council, Georgia
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- Australian Coal Association
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- Planning Commission, India
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- Attock Cement Pakistan Limited
- Eastern Coal Council - USA
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- Global Coal Blending Company Limited - Australia
- San Jose City I Power Corp, Philippines
- Mintek Dendrill Indonesia
- Commonwealth Bank - Australia
- Ambuja Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Georgia Ports Authority, United States
- Borneo Indobara - Indonesia
- GAC Shipping (India) Pvt Ltd
- Standard Chartered Bank - UAE
- Indo Tambangraya Megah - Indonesia
- Edison Trading Spa - Italy
- Directorate General of MIneral and Coal - Indonesia
- Antam Resourcindo - Indonesia
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- Coal and Oil Company - UAE
- Indian Energy Exchange, India
- Pendopo Energi Batubara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
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- Singapore Mercantile Exchange
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- Tamil Nadu electricity Board
- The University of Queensland
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- Gujarat Sidhee Cement - India
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- Kartika Selabumi Mining - Indonesia
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- Ministry of Mines - Canada
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- Energy Link Ltd, New Zealand
- Jindal Steel & Power Ltd - India
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- Orica Australia Pty. Ltd.
- Minerals Council of Australia
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- Indogreen Group - Indonesia
- Electricity Generating Authority of Thailand
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- Aboitiz Power Corporation - Philippines
- Price Waterhouse Coopers - Russia
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- Ceylon Electricity Board - Sri Lanka
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- India Bulls Power Limited - India
- Xindia Steels Limited - India
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- Bhatia International Limited - India
- Miang Besar Coal Terminal - Indonesia
- Port Waratah Coal Services - Australia
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