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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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- TNB Fuel Sdn Bhd - Malaysia
- Heidelberg Cement - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Mining Services - Indonesia
- London Commodity Brokers - England
- Gujarat Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
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- Xindia Steels Limited - India
- Africa Commodities Group - South Africa
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- Wilmar Investment Holdings
- Global Business Power Corporation, Philippines
- Agrawal Coal Company - India
- Coal and Oil Company - UAE
- PNOC Exploration Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Attock Cement Pakistan Limited
- Riau Bara Harum - Indonesia
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- GMR Energy Limited - India
- Interocean Group of Companies - India
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- Petrochimia International Co. Ltd.- Taiwan
- European Bulk Services B.V. - Netherlands
- Central Electricity Authority - India
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- Ceylon Electricity Board - Sri Lanka
- Marubeni Corporation - India
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- Semirara Mining Corp, Philippines
- Trasteel International SA, Italy
- Mercuria Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- GN Power Mariveles Coal Plant, Philippines
- Bayan Resources Tbk. - Indonesia
- Parry Sugars Refinery, India
- Coastal Gujarat Power Limited - India
- Mjunction Services Limited - India
- Romanian Commodities Exchange
- Indian Energy Exchange, India
- Port Waratah Coal Services - Australia
- Malabar Cements Ltd - India
- India Bulls Power Limited - India
- Renaissance Capital - South Africa
- Australian Commodity Traders Exchange
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- Straits Asia Resources Limited - Singapore
- Directorate Of Revenue Intelligence - India
- Eastern Energy - Thailand
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- Binh Thuan Hamico - Vietnam
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- San Jose City I Power Corp, Philippines
- Cement Manufacturers Association - India
- Ambuja Cements Ltd - India
- Siam City Cement - Thailand
- Deloitte Consulting - India
- Tata Chemicals Ltd - India
- Ministry of Finance - Indonesia
- Bukit Makmur.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- Indo Tambangraya Megah - Indonesia
- Coalindo Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Planning Commission, India
- SN Aboitiz Power Inc, Philippines
- Thai Mozambique Logistica
- Holcim Trading Pte Ltd - Singapore
- Kepco SPC Power Corporation, Philippines
- Baramulti Group, Indonesia
- Metalloyd Limited - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Goldman Sachs - Singapore
- Energy Development Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Australian Coal Association
- Antam Resourcindo - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Edison Trading Spa - Italy
- Sarangani Energy Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Altura Mining Limited, Indonesia
- Indian Oil Corporation Limited
- The Treasury - Australian Government
- Madhucon Powers Ltd - India
- Banpu Public Company Limited - Thailand
- MS Steel International - UAE
- Asmin Koalindo Tuhup - Indonesia
- The State Trading Corporation of India Ltd
- Miang Besar Coal Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CIMB Investment Bank - Malaysia
- Dalmia Cement Bharat India
- Sinarmas Energy and Mining - Indonesia
- Electricity Generating Authority of Thailand
- Economic Council, Georgia
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- Global Green Power PLC Corporation, Philippines
- Tamil Nadu electricity Board
- Posco Energy - South Korea
- Minerals Council of Australia
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- Iligan Light & Power Inc, Philippines
- Electricity Authority, New Zealand
- GAC Shipping (India) Pvt Ltd
- Maheswari Brothers Coal Limited - India
- Bulk Trading Sa - Switzerland
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jaiprakash Power Ventures ltd
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
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- Sical Logistics Limited - India
- LBH Netherlands Bv - Netherlands
- Global Coal Blending Company Limited - Australia
- Jorong Barutama Greston.PT - Indonesia
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- Formosa Plastics Group - Taiwan
- White Energy Company Limited
- Sakthi Sugars Limited - India
- Eastern Coal Council - USA
- Mercator Lines Limited - India
- ICICI Bank Limited - India
- Energy Link Ltd, New Zealand
- Indika Energy - Indonesia
- Bharathi Cement Corporation - India
- CNBM International Corporation - China
- Medco Energi Mining Internasional
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- Wood Mackenzie - Singapore
- South Luzon Thermal Energy Corporation
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- Mintek Dendrill Indonesia
- Ministry of Mines - Canada
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- Chamber of Mines of South Africa
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- Toyota Tsusho Corporation, Japan
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Transport, Egypt
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- Parliament of New Zealand
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