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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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- Jindal Steel & Power Ltd - India
- Ministry of Transport, Egypt
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- SN Aboitiz Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
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- Tata Chemicals Ltd - India
- Siam City Cement PLC, Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Coal Council - USA
- Chamber of Mines of South Africa
- Bulk Trading Sa - Switzerland
- Krishnapatnam Port Company Ltd. - India
- Iligan Light & Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Directorate Of Revenue Intelligence - India
- Sinarmas Energy and Mining - Indonesia
- SMG Consultants - Indonesia
- Metalloyd Limited - United Kingdom
- Tamil Nadu electricity Board
- Ministry of Finance - Indonesia
- Cement Manufacturers Association - India
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- India Bulls Power Limited - India
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- The University of Queensland
- Toyota Tsusho Corporation, Japan
- Xindia Steels Limited - India
- Mercuria Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Latin American Coal - Colombia
- Indo Tambangraya Megah - Indonesia
- GAC Shipping (India) Pvt Ltd
- Heidelberg Cement - Germany
- Bangladesh Power Developement Board
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- Independent Power Producers Association of India
- Maharashtra Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- GMR Energy Limited - India
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- Uttam Galva Steels Limited - India
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- Medco Energi Mining Internasional
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- Coal and Oil Company - UAE
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- Thiess Contractors Indonesia
- Interocean Group of Companies - India
- ASAPP Information Group - India
- Indogreen Group - Indonesia
- Standard Chartered Bank - UAE
- Sindya Power Generating Company Private Ltd
- Bhatia International Limited - India
- Power Finance Corporation Ltd., India
- Bukit Makmur.PT - Indonesia
- Mjunction Services Limited - India
- Ind-Barath Power Infra Limited - India
- Renaissance Capital - South Africa
- Grasim Industreis Ltd - India
- Parliament of New Zealand
- Indika Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sical Logistics Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Billiton Holdings Pty Ltd - Australia
- Deloitte Consulting - India
- Rashtriya Ispat Nigam Limited - India
- Indian Energy Exchange, India
- Videocon Industries ltd - India
- Karaikal Port Pvt Ltd - India
- Malabar Cements Ltd - India
- Vedanta Resources Plc - India
- IEA Clean Coal Centre - UK
- Kalimantan Lumbung Energi - Indonesia
- New Zealand Coal & Carbon
- European Bulk Services B.V. - Netherlands
- Makarim & Taira - Indonesia
- Siam City Cement - Thailand
- Africa Commodities Group - South Africa
- Goldman Sachs - Singapore
- PowerSource Philippines DevCo
- Sarangani Energy Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Electricity Generating Authority of Thailand
- CNBM International Corporation - China
- Pendopo Energi Batubara - Indonesia
- Sojitz Corporation - Japan
- Banpu Public Company Limited - Thailand
- Oldendorff Carriers - Singapore
- Sakthi Sugars Limited - India
- Singapore Mercantile Exchange
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Georgia Ports Authority, United States
- Lanco Infratech Ltd - India
- Miang Besar Coal Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Cigading International Bulk Terminal - Indonesia
- Australian Commodity Traders Exchange
- Bhoruka Overseas - Indonesia
- White Energy Company Limited
- Petrochimia International Co. Ltd.- Taiwan
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- Electricity Authority, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Posco Energy - South Korea
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- PTC India Limited - India
- Merrill Lynch Commodities Europe
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- Altura Mining Limited, Indonesia
- Alfred C Toepfer International GmbH - Germany
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- Semirara Mining and Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- McConnell Dowell - Australia
- Central Electricity Authority - India
- Planning Commission, India
- Kideco Jaya Agung - Indonesia
- GVK Power & Infra Limited - India
- Thai Mozambique Logistica
- Borneo Indobara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Manunggal Multi Energi - Indonesia
- MS Steel International - UAE
- Orica Mining Services - Indonesia
- Bharathi Cement Corporation - India
- Petron Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Binh Thuan Hamico - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- London Commodity Brokers - England
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- Wilmar Investment Holdings
- International Coal Ventures Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- VISA Power Limited - India
- Minerals Council of Australia
- Economic Council, Georgia
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- AsiaOL BioFuels Corp., Philippines
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- Price Waterhouse Coopers - Russia
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- Samtan Co., Ltd - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Baiduri Energy - Indonesia
- Port Waratah Coal Services - Australia
- Holcim Trading Pte Ltd - Singapore
- Kartika Selabumi Mining - Indonesia
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- Wood Mackenzie - Singapore
- Globalindo Alam Lestari - Indonesia
- Essar Steel Hazira Ltd - India
- Australian Coal Association
- Trasteel International SA, Italy
- PetroVietnam Power Coal Import and Supply Company
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- Indian Oil Corporation Limited
- Romanian Commodities Exchange
- Bhushan Steel Limited - India
- Indonesian Coal Mining Association
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- ICICI Bank Limited - India
- Maheswari Brothers Coal Limited - India
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