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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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- Uttam Galva Steels Limited - India
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- Merrill Lynch Commodities Europe
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- Lanco Infratech Ltd - India
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- Commonwealth Bank - Australia
- Essar Steel Hazira Ltd - India
- Global Green Power PLC Corporation, Philippines
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- Meenaskhi Energy Private Limited - India
- Economic Council, Georgia
- Indian Oil Corporation Limited
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- Ministry of Transport, Egypt
- Indo Tambangraya Megah - Indonesia
- Indian Energy Exchange, India
- Coalindo Energy - Indonesia
- SMG Consultants - Indonesia
- Indonesian Coal Mining Association
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- Bangladesh Power Developement Board
- Toyota Tsusho Corporation, Japan
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- Attock Cement Pakistan Limited
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- Electricity Authority, New Zealand
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- PNOC Exploration Corporation - Philippines
- Central Electricity Authority - India
- Antam Resourcindo - Indonesia
- Ministry of Finance - Indonesia
- Barasentosa Lestari - Indonesia
- Australian Commodity Traders Exchange
- Eastern Energy - Thailand
- Bhoruka Overseas - Indonesia
- Sindya Power Generating Company Private Ltd
- Madhucon Powers Ltd - India
- Malabar Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Oldendorff Carriers - Singapore
- Bulk Trading Sa - Switzerland
- Savvy Resources Ltd - HongKong
- Manunggal Multi Energi - Indonesia
- Vedanta Resources Plc - India
- Trasteel International SA, Italy
- Dalmia Cement Bharat India
- Globalindo Alam Lestari - Indonesia
- Xindia Steels Limited - India
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- TNB Fuel Sdn Bhd - Malaysia
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- Indogreen Group - Indonesia
- OPG Power Generation Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- Anglo American - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Georgia Ports Authority, United States
- Semirara Mining and Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Leighton Contractors Pty Ltd - Australia
- White Energy Company Limited
- Meralco Power Generation, Philippines
- The University of Queensland
- Standard Chartered Bank - UAE
- TeaM Sual Corporation - Philippines
- ICICI Bank Limited - India
- London Commodity Brokers - England
- Cement Manufacturers Association - India
- Africa Commodities Group - South Africa
- Coastal Gujarat Power Limited - India
- Altura Mining Limited, Indonesia
- Central Java Power - Indonesia
- Cigading International Bulk Terminal - Indonesia
- PowerSource Philippines DevCo
- Siam City Cement - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Orica Mining Services - Indonesia
- Grasim Industreis Ltd - India
- Directorate Of Revenue Intelligence - India
- Mintek Dendrill Indonesia
- Agrawal Coal Company - India
- Mjunction Services Limited - India
- Goldman Sachs - Singapore
- Tata Chemicals Ltd - India
- Maheswari Brothers Coal Limited - India
- IEA Clean Coal Centre - UK
- European Bulk Services B.V. - Netherlands
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- CNBM International Corporation - China
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- Eastern Coal Council - USA
- Bayan Resources Tbk. - Indonesia
- SN Aboitiz Power Inc, Philippines
- Deloitte Consulting - India
- Chamber of Mines of South Africa
- Kohat Cement Company Ltd. - Pakistan
- Mercuria Energy - Indonesia
- Thiess Contractors Indonesia
- Makarim & Taira - Indonesia
- Wood Mackenzie - Singapore
- Sical Logistics Limited - India
- The State Trading Corporation of India Ltd
- Sojitz Corporation - Japan
- Straits Asia Resources Limited - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Renaissance Capital - South Africa
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- Ministry of Mines - Canada
- Holcim Trading Pte Ltd - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Marubeni Corporation - India
- Karaikal Port Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Gujarat Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Edison Trading Spa - Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Riau Bara Harum - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Directorate General of MIneral and Coal - Indonesia
- Kumho Petrochemical, South Korea
- Metalloyd Limited - United Kingdom
- Kobexindo Tractors - Indoneisa
- Parliament of New Zealand
- IHS Mccloskey Coal Group - USA
- Sinarmas Energy and Mining - Indonesia
- New Zealand Coal & Carbon
- VISA Power Limited - India
- Interocean Group of Companies - India
- Thai Mozambique Logistica
- Ceylon Electricity Board - Sri Lanka
- Samtan Co., Ltd - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wilmar Investment Holdings
- The Treasury - Australian Government
- Latin American Coal - Colombia
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- Carbofer General Trading SA - India
- Therma Luzon, Inc, Philippines
- Intertek Mineral Services - Indonesia
- Planning Commission, India
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- Independent Power Producers Association of India
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- Aditya Birla Group - India
- Gujarat Sidhee Cement - India
- GMR Energy Limited - India
- Port Waratah Coal Services - Australia
- Price Waterhouse Coopers - Russia
- Rashtriya Ispat Nigam Limited - India
- Bhatia International Limited - India
- Power Finance Corporation Ltd., India
- Kideco Jaya Agung - Indonesia
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- Australian Coal Association
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- Minerals Council of Australia
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