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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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- Alfred C Toepfer International GmbH - Germany
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- London Commodity Brokers - England
- The University of Queensland
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- Mercuria Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- The State Trading Corporation of India Ltd
- Timah Investasi Mineral - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Intertek Mineral Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Simpson Spence & Young - Indonesia
- The Treasury - Australian Government
- OPG Power Generation Pvt Ltd - India
- Coal and Oil Company - UAE
- Samtan Co., Ltd - South Korea
- Directorate Of Revenue Intelligence - India
- Vijayanagar Sugar Pvt Ltd - India
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- Indika Energy - Indonesia
- Renaissance Capital - South Africa
- Sojitz Corporation - Japan
- Karaikal Port Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Power Finance Corporation Ltd., India
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- Sindya Power Generating Company Private Ltd
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- Chamber of Mines of South Africa
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indian Energy Exchange, India
- Australian Coal Association
- Aditya Birla Group - India
- Kapuas Tunggal Persada - Indonesia
- Savvy Resources Ltd - HongKong
- Riau Bara Harum - Indonesia
- Cement Manufacturers Association - India
- Coalindo Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Africa Commodities Group - South Africa
- Carbofer General Trading SA - India
- Energy Development Corp, Philippines
- Thiess Contractors Indonesia
- IEA Clean Coal Centre - UK
- Asmin Koalindo Tuhup - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Romanian Commodities Exchange
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- Central Electricity Authority - India
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- VISA Power Limited - India
- Bhushan Steel Limited - India
- Iligan Light & Power Inc, Philippines
- New Zealand Coal & Carbon
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- Marubeni Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Anglo American - United Kingdom
- MS Steel International - UAE
- Georgia Ports Authority, United States
- PowerSource Philippines DevCo
- Gujarat Sidhee Cement - India
- Kartika Selabumi Mining - Indonesia
- Indian Oil Corporation Limited
- Bukit Makmur.PT - Indonesia
- Merrill Lynch Commodities Europe
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- Commonwealth Bank - Australia
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
- Baramulti Group, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Meralco Power Generation, Philippines
- Port Waratah Coal Services - Australia
- IHS Mccloskey Coal Group - USA
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- CIMB Investment Bank - Malaysia
- Aboitiz Power Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Essar Steel Hazira Ltd - India
- Lanco Infratech Ltd - India
- Minerals Council of Australia
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- White Energy Company Limited
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- Bharathi Cement Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
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- Billiton Holdings Pty Ltd - Australia
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- Xindia Steels Limited - India
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- SMC Global Power, Philippines
- Kumho Petrochemical, South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Energy Link Ltd, New Zealand
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- Global Green Power PLC Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Price Waterhouse Coopers - Russia
- Orica Australia Pty. Ltd.
- Wood Mackenzie - Singapore
- Therma Luzon, Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
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- Planning Commission, India
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- Global Coal Blending Company Limited - Australia
- Bhoruka Overseas - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Vedanta Resources Plc - India
- Gujarat Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Deloitte Consulting - India
- Manunggal Multi Energi - Indonesia
- Wilmar Investment Holdings
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- Eastern Energy - Thailand
- GVK Power & Infra Limited - India
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- PetroVietnam Power Coal Import and Supply Company
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- Sarangani Energy Corporation, Philippines
- Mjunction Services Limited - India
- Economic Council, Georgia
- PTC India Limited - India
- Orica Mining Services - Indonesia
- PNOC Exploration Corporation - Philippines
- Posco Energy - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Edison Trading Spa - Italy
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- GMR Energy Limited - India
- Kepco SPC Power Corporation, Philippines
- Petron Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Vizag Seaport Private Limited - India
- Maheswari Brothers Coal Limited - India
- Australian Commodity Traders Exchange
- European Bulk Services B.V. - Netherlands
- Salva Resources Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- SMG Consultants - Indonesia
- Toyota Tsusho Corporation, Japan
- Kideco Jaya Agung - Indonesia
- Ministry of Finance - Indonesia
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- Tamil Nadu electricity Board
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- Bulk Trading Sa - Switzerland
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Larsen & Toubro Limited - India
- ASAPP Information Group - India
- Electricity Authority, New Zealand
- Cigading International Bulk Terminal - Indonesia
- McConnell Dowell - Australia
- Madhucon Powers Ltd - India
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- Standard Chartered Bank - UAE
- Coastal Gujarat Power Limited - India
- Eastern Coal Council - USA
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- Gujarat Mineral Development Corp Ltd - India
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- South Luzon Thermal Energy Corporation
- Electricity Generating Authority of Thailand
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- Indogreen Group - Indonesia
- Altura Mining Limited, Indonesia
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