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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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- New Zealand Coal & Carbon
- Global Green Power PLC Corporation, Philippines
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- Economic Council, Georgia
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- Gujarat Sidhee Cement - India
- Medco Energi Mining Internasional
- Sree Jayajothi Cements Limited - India
- Indo Tambangraya Megah - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Chamber of Mines of South Africa
- Formosa Plastics Group - Taiwan
- Binh Thuan Hamico - Vietnam
- SMG Consultants - Indonesia
- Makarim & Taira - Indonesia
- Maheswari Brothers Coal Limited - India
- MS Steel International - UAE
- Carbofer General Trading SA - India
- Anglo American - United Kingdom
- Samtan Co., Ltd - South Korea
- Tamil Nadu electricity Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Generating Authority of Thailand
- San Jose City I Power Corp, Philippines
- Price Waterhouse Coopers - Russia
- Coal and Oil Company - UAE
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- Oldendorff Carriers - Singapore
- Energy Development Corp, Philippines
- Central Java Power - Indonesia
- Georgia Ports Authority, United States
- Malabar Cements Ltd - India
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- Eastern Coal Council - USA
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- Globalindo Alam Lestari - Indonesia
- Orica Australia Pty. Ltd.
- Meenaskhi Energy Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Agrawal Coal Company - India
- Wood Mackenzie - Singapore
- Indonesian Coal Mining Association
- The University of Queensland
- Baramulti Group, Indonesia
- Barasentosa Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Salva Resources Pvt Ltd - India
- Xindia Steels Limited - India
- Australian Commodity Traders Exchange
- London Commodity Brokers - England
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- Aboitiz Power Corporation - Philippines
- Thiess Contractors Indonesia
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- Minerals Council of Australia
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- Australian Coal Association
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- Sinarmas Energy and Mining - Indonesia
- Savvy Resources Ltd - HongKong
- Electricity Authority, New Zealand
- Central Electricity Authority - India
- Sojitz Corporation - Japan
- Larsen & Toubro Limited - India
- Indogreen Group - Indonesia
- Therma Luzon, Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Kaltim Prima Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Ministry of Transport, Egypt
- Ind-Barath Power Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Sindya Power Generating Company Private Ltd
- GMR Energy Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indian Oil Corporation Limited
- Sakthi Sugars Limited - India
- Sical Logistics Limited - India
- Goldman Sachs - Singapore
- Kobexindo Tractors - Indoneisa
- Vedanta Resources Plc - India
- Latin American Coal - Colombia
- McConnell Dowell - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mjunction Services Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Kepco SPC Power Corporation, Philippines
- Wilmar Investment Holdings
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- Kideco Jaya Agung - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Siam City Cement PLC, Thailand
- PowerSource Philippines DevCo
- Leighton Contractors Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
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- Coastal Gujarat Power Limited - India
- Energy Link Ltd, New Zealand
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- Krishnapatnam Port Company Ltd. - India
- Intertek Mineral Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Petron Corporation, Philippines
- Commonwealth Bank - Australia
- South Luzon Thermal Energy Corporation
- Bangladesh Power Developement Board
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- Borneo Indobara - Indonesia
- Ambuja Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- VISA Power Limited - India
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- Madhucon Powers Ltd - India
- Posco Energy - South Korea
- Grasim Industreis Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Electricity Regulatory Commission - India
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- Singapore Mercantile Exchange
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- Simpson Spence & Young - Indonesia
- Trasteel International SA, Italy
- Parry Sugars Refinery, India
- The Treasury - Australian Government
- Kapuas Tunggal Persada - Indonesia
- Renaissance Capital - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Meralco Power Generation, Philippines
- Indika Energy - Indonesia
- Mercuria Energy - Indonesia
- Romanian Commodities Exchange
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- ICICI Bank Limited - India
- Parliament of New Zealand
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- Thai Mozambique Logistica
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- White Energy Company Limited
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- Mintek Dendrill Indonesia
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- Ministry of Finance - Indonesia
- Timah Investasi Mineral - Indoneisa
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- Eastern Energy - Thailand
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- OPG Power Generation Pvt Ltd - India
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- GN Power Mariveles Coal Plant, Philippines
- Bhoruka Overseas - Indonesia
- Bukit Makmur.PT - Indonesia
- Metalloyd Limited - United Kingdom
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- GAC Shipping (India) Pvt Ltd
- Directorate General of MIneral and Coal - Indonesia
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- Ministry of Mines - Canada
- Petrochimia International Co. Ltd.- Taiwan
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