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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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- Edison Trading Spa - Italy
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- OPG Power Generation Pvt Ltd - India
- Mercator Lines Limited - India
- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
- Trasteel International SA, Italy
- GAC Shipping (India) Pvt Ltd
- London Commodity Brokers - England
- Chamber of Mines of South Africa
- Formosa Plastics Group - Taiwan
- Straits Asia Resources Limited - Singapore
- SN Aboitiz Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Siam City Cement PLC, Thailand
- Eastern Coal Council - USA
- The Treasury - Australian Government
- Goldman Sachs - Singapore
- Holcim Trading Pte Ltd - Singapore
- Binh Thuan Hamico - Vietnam
- Metalloyd Limited - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- IEA Clean Coal Centre - UK
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- Directorate General of MIneral and Coal - Indonesia
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- Bhoruka Overseas - Indonesia
- Jindal Steel & Power Ltd - India
- Thai Mozambique Logistica
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- Billiton Holdings Pty Ltd - Australia
- Indogreen Group - Indonesia
- Makarim & Taira - Indonesia
- Sical Logistics Limited - India
- Maheswari Brothers Coal Limited - India
- Indian Energy Exchange, India
- Electricity Generating Authority of Thailand
- Miang Besar Coal Terminal - Indonesia
- Ministry of Finance - Indonesia
- Baramulti Group, Indonesia
- Semirara Mining Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Global Business Power Corporation, Philippines
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- Bangladesh Power Developement Board
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- Karbindo Abesyapradhi - Indoneisa
- Global Coal Blending Company Limited - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Uttam Galva Steels Limited - India
- Siam City Cement - Thailand
- Orica Mining Services - Indonesia
- Thiess Contractors Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- Australian Commodity Traders Exchange
- Commonwealth Bank - Australia
- Mjunction Services Limited - India
- Maharashtra Electricity Regulatory Commission - India
- White Energy Company Limited
- Videocon Industries ltd - India
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- Altura Mining Limited, Indonesia
- Malabar Cements Ltd - India
- Singapore Mercantile Exchange
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- Petron Corporation, Philippines
- Medco Energi Mining Internasional
- Sojitz Corporation - Japan
- Minerals Council of Australia
- GN Power Mariveles Coal Plant, Philippines
- Therma Luzon, Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Bharathi Cement Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Larsen & Toubro Limited - India
- Agrawal Coal Company - India
- SMG Consultants - Indonesia
- Ministry of Mines - Canada
- Xindia Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- LBH Netherlands Bv - Netherlands
- Aditya Birla Group - India
- PTC India Limited - India
- Energy Development Corp, Philippines
- Indonesian Coal Mining Association
- Dalmia Cement Bharat India
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- New Zealand Coal & Carbon
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- Merrill Lynch Commodities Europe
- Kohat Cement Company Ltd. - Pakistan
- Cement Manufacturers Association - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Posco Energy - South Korea
- Standard Chartered Bank - UAE
- Eastern Energy - Thailand
- Directorate Of Revenue Intelligence - India
- Vedanta Resources Plc - India
- Indian Oil Corporation Limited
- Renaissance Capital - South Africa
- Port Waratah Coal Services - Australia
- Gujarat Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Kartika Selabumi Mining - Indonesia
- Mintek Dendrill Indonesia
- Antam Resourcindo - Indonesia
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- Neyveli Lignite Corporation Ltd, - India
- MS Steel International - UAE
- San Jose City I Power Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Australian Coal Association
- Deloitte Consulting - India
- Chettinad Cement Corporation Ltd - India
- India Bulls Power Limited - India
- Jaiprakash Power Ventures ltd
- Rio Tinto Coal - Australia
- Energy Link Ltd, New Zealand
- Coal and Oil Company - UAE
- GMR Energy Limited - India
- Madhucon Powers Ltd - India
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- Georgia Ports Authority, United States
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- Wood Mackenzie - Singapore
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- Rashtriya Ispat Nigam Limited - India
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- Power Finance Corporation Ltd., India
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- Independent Power Producers Association of India
- Africa Commodities Group - South Africa
- Sindya Power Generating Company Private Ltd
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- Parliament of New Zealand
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- CIMB Investment Bank - Malaysia
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- Samtan Co., Ltd - South Korea
- Price Waterhouse Coopers - Russia
- Meralco Power Generation, Philippines
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- Interocean Group of Companies - India
- Tamil Nadu electricity Board
- Anglo American - United Kingdom
- Salva Resources Pvt Ltd - India
- South Luzon Thermal Energy Corporation
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- Mercuria Energy - Indonesia
- Ambuja Cements Ltd - India
- Central Electricity Authority - India
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