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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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- Asmin Koalindo Tuhup - Indonesia
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- South Luzon Thermal Energy Corporation
- San Jose City I Power Corp, Philippines
- Interocean Group of Companies - India
- Globalindo Alam Lestari - Indonesia
- The University of Queensland
- Pipit Mutiara Jaya. PT, Indonesia
- London Commodity Brokers - England
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercator Lines Limited - India
- Indogreen Group - Indonesia
- Cement Manufacturers Association - India
- Maharashtra Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- Oldendorff Carriers - Singapore
- Chamber of Mines of South Africa
- Miang Besar Coal Terminal - Indonesia
- Trasteel International SA, Italy
- Georgia Ports Authority, United States
- Grasim Industreis Ltd - India
- Karaikal Port Pvt Ltd - India
- New Zealand Coal & Carbon
- Indika Energy - Indonesia
- Ministry of Mines - Canada
- TNB Fuel Sdn Bhd - Malaysia
- McConnell Dowell - Australia
- Kartika Selabumi Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Antam Resourcindo - Indonesia
- Barasentosa Lestari - Indonesia
- Wood Mackenzie - Singapore
- Binh Thuan Hamico - Vietnam
- Global Coal Blending Company Limited - Australia
- Xindia Steels Limited - India
- Planning Commission, India
- TeaM Sual Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Mercuria Energy - Indonesia
- Vedanta Resources Plc - India
- Parliament of New Zealand
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- PTC India Limited - India
- Wilmar Investment Holdings
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- Gujarat Mineral Development Corp Ltd - India
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- PNOC Exploration Corporation - Philippines
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- Rio Tinto Coal - Australia
- Indonesian Coal Mining Association
- Uttam Galva Steels Limited - India
- Romanian Commodities Exchange
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- CNBM International Corporation - China
- Independent Power Producers Association of India
- Banpu Public Company Limited - Thailand
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
- Parry Sugars Refinery, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- VISA Power Limited - India
- European Bulk Services B.V. - Netherlands
- Timah Investasi Mineral - Indoneisa
- Latin American Coal - Colombia
- Bangladesh Power Developement Board
- Minerals Council of Australia
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- Semirara Mining and Power Corporation, Philippines
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- SMG Consultants - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kideco Jaya Agung - Indonesia
- Orica Mining Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Simpson Spence & Young - Indonesia
- Bukit Makmur.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Mintek Dendrill Indonesia
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- Bukit Asam (Persero) Tbk - Indonesia
- Goldman Sachs - Singapore
- Renaissance Capital - South Africa
- Leighton Contractors Pty Ltd - Australia
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- Deloitte Consulting - India
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- Jaiprakash Power Ventures ltd
- Ceylon Electricity Board - Sri Lanka
- MS Steel International - UAE
- Aditya Birla Group - India
- Port Waratah Coal Services - Australia
- Salva Resources Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Attock Cement Pakistan Limited
- Australian Coal Association
- The Treasury - Australian Government
- Singapore Mercantile Exchange
- IHS Mccloskey Coal Group - USA
- Meralco Power Generation, Philippines
- Manunggal Multi Energi - Indonesia
- ICICI Bank Limited - India
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- Siam City Cement PLC, Thailand
- Semirara Mining Corp, Philippines
- Bhatia International Limited - India
- Bayan Resources Tbk. - Indonesia
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- Ministry of Finance - Indonesia
- Heidelberg Cement - Germany
- Ambuja Cements Ltd - India
- Africa Commodities Group - South Africa
- Tata Chemicals Ltd - India
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- Kohat Cement Company Ltd. - Pakistan
- Carbofer General Trading SA - India
- Chettinad Cement Corporation Ltd - India
- Posco Energy - South Korea
- Economic Council, Georgia
- Eastern Coal Council - USA
- Dalmia Cement Bharat India
- Billiton Holdings Pty Ltd - Australia
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- Energy Link Ltd, New Zealand
- Indian Energy Exchange, India
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- Petrochimia International Co. Ltd.- Taiwan
- Central Java Power - Indonesia
- Standard Chartered Bank - UAE
- GAC Shipping (India) Pvt Ltd
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- Price Waterhouse Coopers - Russia
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- Savvy Resources Ltd - HongKong
- White Energy Company Limited
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- India Bulls Power Limited - India
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- Sojitz Corporation - Japan
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- Baramulti Group, Indonesia
- Meenaskhi Energy Private Limited - India
- Power Finance Corporation Ltd., India
- Rashtriya Ispat Nigam Limited - India
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- IEA Clean Coal Centre - UK
- Sical Logistics Limited - India
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- Aboitiz Power Corporation - Philippines
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- Directorate General of MIneral and Coal - Indonesia
- Anglo American - United Kingdom
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