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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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- Latin American Coal - Colombia
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- Bukit Baiduri Energy - Indonesia
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- Directorate Of Revenue Intelligence - India
- Bhushan Steel Limited - India
- Ind-Barath Power Infra Limited - India
- Metalloyd Limited - United Kingdom
- Standard Chartered Bank - UAE
- Africa Commodities Group - South Africa
- Meralco Power Generation, Philippines
- Minerals Council of Australia
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- Kapuas Tunggal Persada - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Lanco Infratech Ltd - India
- Romanian Commodities Exchange
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- OPG Power Generation Pvt Ltd - India
- PTC India Limited - India
- IHS Mccloskey Coal Group - USA
- Edison Trading Spa - Italy
- Cigading International Bulk Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- PowerSource Philippines DevCo
- PNOC Exploration Corporation - Philippines
- Power Finance Corporation Ltd., India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Sree Jayajothi Cements Limited - India
- Bharathi Cement Corporation - India
- Wilmar Investment Holdings
- Aditya Birla Group - India
- Chamber of Mines of South Africa
- Mintek Dendrill Indonesia
- Jindal Steel & Power Ltd - India
- GMR Energy Limited - India
- Siam City Cement - Thailand
- Posco Energy - South Korea
- Intertek Mineral Services - Indonesia
- GVK Power & Infra Limited - India
- Indogreen Group - Indonesia
- GAC Shipping (India) Pvt Ltd
- New Zealand Coal & Carbon
- Ministry of Mines - Canada
- The State Trading Corporation of India Ltd
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- Grasim Industreis Ltd - India
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- TNB Fuel Sdn Bhd - Malaysia
- IEA Clean Coal Centre - UK
- Holcim Trading Pte Ltd - Singapore
- Tata Chemicals Ltd - India
- Salva Resources Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Coalindo Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Timah Investasi Mineral - Indoneisa
- Singapore Mercantile Exchange
- Price Waterhouse Coopers - Russia
- CNBM International Corporation - China
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- Bukit Makmur.PT - Indonesia
- Interocean Group of Companies - India
- Ministry of Transport, Egypt
- Trasteel International SA, Italy
- Therma Luzon, Inc, Philippines
- Essar Steel Hazira Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Petron Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Dalmia Cement Bharat India
- Indonesian Coal Mining Association
- Alfred C Toepfer International GmbH - Germany
- Maharashtra Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- LBH Netherlands Bv - Netherlands
- South Luzon Thermal Energy Corporation
- Economic Council, Georgia
- MS Steel International - UAE
- Central Electricity Authority - India
- Deloitte Consulting - India
- Medco Energi Mining Internasional
- Simpson Spence & Young - Indonesia
- Bhoruka Overseas - Indonesia
- Maheswari Brothers Coal Limited - India
- Global Green Power PLC Corporation, Philippines
- Sindya Power Generating Company Private Ltd
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- Gujarat Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
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- Barasentosa Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chettinad Cement Corporation Ltd - India
- Port Waratah Coal Services - Australia
- ICICI Bank Limited - India
- Sojitz Corporation - Japan
- Directorate General of MIneral and Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- Savvy Resources Ltd - HongKong
- Bulk Trading Sa - Switzerland
- Krishnapatnam Port Company Ltd. - India
- Kohat Cement Company Ltd. - Pakistan
- Anglo American - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- The Treasury - Australian Government
- SMG Consultants - Indonesia
- SN Aboitiz Power Inc, Philippines
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- Sical Logistics Limited - India
- Indika Energy - Indonesia
- Australian Commodity Traders Exchange
- Aboitiz Power Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Australian Coal Association
- ASAPP Information Group - India
- International Coal Ventures Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Indian Energy Exchange, India
- Jorong Barutama Greston.PT - Indonesia
- Antam Resourcindo - Indonesia
- Bangladesh Power Developement Board
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- London Commodity Brokers - England
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- Wood Mackenzie - Singapore
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- Georgia Ports Authority, United States
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- Eastern Energy - Thailand
- Oldendorff Carriers - Singapore
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- Thai Mozambique Logistica
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- Ministry of Finance - Indonesia
- Bhatia International Limited - India
- Orica Mining Services - Indonesia
- Thiess Contractors Indonesia
- Eastern Coal Council - USA
- Cement Manufacturers Association - India
- Indo Tambangraya Megah - Indonesia
- Kumho Petrochemical, South Korea
- Global Coal Blending Company Limited - Australia
- Asmin Koalindo Tuhup - Indonesia
- Commonwealth Bank - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- TeaM Sual Corporation - Philippines
- Carbofer General Trading SA - India
- Petrochimia International Co. Ltd.- Taiwan
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- SMC Global Power, Philippines
- Indian Oil Corporation Limited
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