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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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- Bukit Baiduri Energy - Indonesia
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- Energy Link Ltd, New Zealand
- Straits Asia Resources Limited - Singapore
- Electricity Authority, New Zealand
- Sakthi Sugars Limited - India
- VISA Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Kumho Petrochemical, South Korea
- Altura Mining Limited, Indonesia
- Kobexindo Tractors - Indoneisa
- Indian Energy Exchange, India
- PNOC Exploration Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Toyota Tsusho Corporation, Japan
- Siam City Cement - Thailand
- Rio Tinto Coal - Australia
- Aboitiz Power Corporation - Philippines
- Indika Energy - Indonesia
- Salva Resources Pvt Ltd - India
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- Rashtriya Ispat Nigam Limited - India
- London Commodity Brokers - England
- Siam City Cement PLC, Thailand
- Samtan Co., Ltd - South Korea
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- Petron Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Mercator Lines Limited - India
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- Pendopo Energi Batubara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Price Waterhouse Coopers - Russia
- Mercuria Energy - Indonesia
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- Miang Besar Coal Terminal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- GMR Energy Limited - India
- Chettinad Cement Corporation Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Ministry of Finance - Indonesia
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- Jindal Steel & Power Ltd - India
- Thai Mozambique Logistica
- Georgia Ports Authority, United States
- Wood Mackenzie - Singapore
- Eastern Coal Council - USA
- Lanco Infratech Ltd - India
- Chamber of Mines of South Africa
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- Kalimantan Lumbung Energi - Indonesia
- Ministry of Mines - Canada
- Trasteel International SA, Italy
- Essar Steel Hazira Ltd - India
- Semirara Mining Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Sidhee Cement - India
- Eastern Energy - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Iligan Light & Power Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- GVK Power & Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- Coal and Oil Company - UAE
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- Kepco SPC Power Corporation, Philippines
- Meralco Power Generation, Philippines
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- Bhatia International Limited - India
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- Renaissance Capital - South Africa
- Formosa Plastics Group - Taiwan
- TeaM Sual Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Global Green Power PLC Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Mjunction Services Limited - India
- Parry Sugars Refinery, India
- Metalloyd Limited - United Kingdom
- Videocon Industries ltd - India
- ASAPP Information Group - India
- Jaiprakash Power Ventures ltd
- Oldendorff Carriers - Singapore
- Xindia Steels Limited - India
- Romanian Commodities Exchange
- Independent Power Producers Association of India
- CIMB Investment Bank - Malaysia
- Central Electricity Authority - India
- Bhushan Steel Limited - India
- The University of Queensland
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- Central Java Power - Indonesia
- Sree Jayajothi Cements Limited - India
- Minerals Council of Australia
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- Banpu Public Company Limited - Thailand
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- GN Power Mariveles Coal Plant, Philippines
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- Wilmar Investment Holdings
- Singapore Mercantile Exchange
- Bangladesh Power Developement Board
- Ceylon Electricity Board - Sri Lanka
- Economic Council, Georgia
- The State Trading Corporation of India Ltd
- Indonesian Coal Mining Association
- Pipit Mutiara Jaya. PT, Indonesia
- Thiess Contractors Indonesia
- Karaikal Port Pvt Ltd - India
- Merrill Lynch Commodities Europe
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- Indian Oil Corporation Limited
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- Parliament of New Zealand
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- Sarangani Energy Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Goldman Sachs - Singapore
- MS Steel International - UAE
- Africa Commodities Group - South Africa
- Leighton Contractors Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Sindya Power Generating Company Private Ltd
- Sical Logistics Limited - India
- ICICI Bank Limited - India
- Antam Resourcindo - Indonesia
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- Mintek Dendrill Indonesia
- LBH Netherlands Bv - Netherlands
- Posco Energy - South Korea
- Latin American Coal - Colombia
- Planning Commission, India
- Interocean Group of Companies - India
- White Energy Company Limited
- Port Waratah Coal Services - Australia
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Coal Association
- Kohat Cement Company Ltd. - Pakistan
- Bharathi Cement Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PowerSource Philippines DevCo
- New Zealand Coal & Carbon
- The Treasury - Australian Government
- Binh Thuan Hamico - Vietnam
- Baramulti Group, Indonesia
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- PetroVietnam Power Coal Import and Supply Company
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- Ministry of Transport, Egypt
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- Australian Commodity Traders Exchange
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- Bukit Makmur.PT - Indonesia
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- Holcim Trading Pte Ltd - Singapore
- CNBM International Corporation - China
- Meenaskhi Energy Private Limited - India
- Larsen & Toubro Limited - India
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- San Jose City I Power Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Generating Authority of Thailand
- McConnell Dowell - Australia
- Standard Chartered Bank - UAE
- Edison Trading Spa - Italy
- SMC Global Power, Philippines
- Bhoruka Overseas - Indonesia
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