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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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- Indika Energy - Indonesia
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- Sinarmas Energy and Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Romanian Commodities Exchange
- GVK Power & Infra Limited - India
- Central Java Power - Indonesia
- Mintek Dendrill Indonesia
- Miang Besar Coal Terminal - Indonesia
- Lanco Infratech Ltd - India
- SN Aboitiz Power Inc, Philippines
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- Africa Commodities Group - South Africa
- Kobexindo Tractors - Indoneisa
- Minerals Council of Australia
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- TeaM Sual Corporation - Philippines
- Georgia Ports Authority, United States
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- Price Waterhouse Coopers - Russia
- Karaikal Port Pvt Ltd - India
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- Petrochimia International Co. Ltd.- Taiwan
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- Jorong Barutama Greston.PT - Indonesia
- Ministry of Transport, Egypt
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sojitz Corporation - Japan
- Petron Corporation, Philippines
- White Energy Company Limited
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- Power Finance Corporation Ltd., India
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- Neyveli Lignite Corporation Ltd, - India
- Kohat Cement Company Ltd. - Pakistan
- Baramulti Group, Indonesia
- Altura Mining Limited, Indonesia
- Sical Logistics Limited - India
- Gujarat Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
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- Sindya Power Generating Company Private Ltd
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- Star Paper Mills Limited - India
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- Electricity Generating Authority of Thailand
- PNOC Exploration Corporation - Philippines
- Trasteel International SA, Italy
- Semirara Mining Corp, Philippines
- CNBM International Corporation - China
- Formosa Plastics Group - Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Tata Chemicals Ltd - India
- Meralco Power Generation, Philippines
- Aboitiz Power Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Attock Cement Pakistan Limited
- Ceylon Electricity Board - Sri Lanka
- Xindia Steels Limited - India
- Ind-Barath Power Infra Limited - India
- Eastern Energy - Thailand
- Chettinad Cement Corporation Ltd - India
- Jindal Steel & Power Ltd - India
- Mercuria Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Kapuas Tunggal Persada - Indonesia
- Standard Chartered Bank - UAE
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining and Power Corporation, Philippines
- Energy Development Corp, Philippines
- CIMB Investment Bank - Malaysia
- Global Green Power PLC Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- PowerSource Philippines DevCo
- Merrill Lynch Commodities Europe
- Interocean Group of Companies - India
- Savvy Resources Ltd - HongKong
- Chamber of Mines of South Africa
- Bhushan Steel Limited - India
- LBH Netherlands Bv - Netherlands
- Ambuja Cements Ltd - India
- Ministry of Mines - Canada
- ICICI Bank Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Australian Commodity Traders Exchange
- Coal and Oil Company - UAE
- Australian Coal Association
- Intertek Mineral Services - Indonesia
- Medco Energi Mining Internasional
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- Bahari Cakrawala Sebuku - Indonesia
- GAC Shipping (India) Pvt Ltd
- Independent Power Producers Association of India
- SMC Global Power, Philippines
- ASAPP Information Group - India
- The State Trading Corporation of India Ltd
- GN Power Mariveles Coal Plant, Philippines
- Thai Mozambique Logistica
- Indian Energy Exchange, India
- TNB Fuel Sdn Bhd - Malaysia
- Global Coal Blending Company Limited - Australia
- Jaiprakash Power Ventures ltd
- Commonwealth Bank - Australia
- Economic Council, Georgia
- Thiess Contractors Indonesia
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- London Commodity Brokers - England
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- IHS Mccloskey Coal Group - USA
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- Uttam Galva Steels Limited - India
- Gujarat Sidhee Cement - India
- Indogreen Group - Indonesia
- New Zealand Coal & Carbon
- Mjunction Services Limited - India
- Eastern Coal Council - USA
- Oldendorff Carriers - Singapore
- Rashtriya Ispat Nigam Limited - India
- Coastal Gujarat Power Limited - India
- Simpson Spence & Young - Indonesia
- Maheswari Brothers Coal Limited - India
- Maharashtra Electricity Regulatory Commission - India
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- Makarim & Taira - Indonesia
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- Edison Trading Spa - Italy
- Directorate General of MIneral and Coal - Indonesia
- Indonesian Coal Mining Association
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- Central Electricity Authority - India
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- Metalloyd Limited - United Kingdom
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- India Bulls Power Limited - India
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- Leighton Contractors Pty Ltd - Australia
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- Tamil Nadu electricity Board
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Finance - Indonesia
- Therma Luzon, Inc, Philippines
- IEA Clean Coal Centre - UK
- Electricity Authority, New Zealand
- Kaltim Prima Coal - Indonesia
- Planning Commission, India
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- The University of Queensland
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Parliament of New Zealand
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