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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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- SN Aboitiz Power Inc, Philippines
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- Mintek Dendrill Indonesia
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- Miang Besar Coal Terminal - Indonesia
- The University of Queensland
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- Mjunction Services Limited - India
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- New Zealand Coal & Carbon
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- Savvy Resources Ltd - HongKong
- Vizag Seaport Private Limited - India
- Indian Oil Corporation Limited
- Anglo American - United Kingdom
- Xindia Steels Limited - India
- Bharathi Cement Corporation - India
- Straits Asia Resources Limited - Singapore
- Bukit Makmur.PT - Indonesia
- Electricity Authority, New Zealand
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- Rashtriya Ispat Nigam Limited - India
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- Australian Coal Association
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- India Bulls Power Limited - India
- Singapore Mercantile Exchange
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- Chettinad Cement Corporation Ltd - India
- Merrill Lynch Commodities Europe
- Aditya Birla Group - India
- Rio Tinto Coal - Australia
- Indika Energy - Indonesia
- IEA Clean Coal Centre - UK
- Globalindo Alam Lestari - Indonesia
- Essar Steel Hazira Ltd - India
- Borneo Indobara - Indonesia
- Malabar Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- Power Finance Corporation Ltd., India
- Bukit Asam (Persero) Tbk - Indonesia
- Minerals Council of Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maheswari Brothers Coal Limited - India
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- Latin American Coal - Colombia
- Indonesian Coal Mining Association
- Orica Mining Services - Indonesia
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- Standard Chartered Bank - UAE
- GMR Energy Limited - India
- Medco Energi Mining Internasional
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- GN Power Mariveles Coal Plant, Philippines
- Sree Jayajothi Cements Limited - India
- Kepco SPC Power Corporation, Philippines
- Commonwealth Bank - Australia
- Petron Corporation, Philippines
- Tata Chemicals Ltd - India
- Jaiprakash Power Ventures ltd
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- SMC Global Power, Philippines
- Cement Manufacturers Association - India
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- Directorate General of MIneral and Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- Electricity Generating Authority of Thailand
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- Bangladesh Power Developement Board
- Maharashtra Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- GAC Shipping (India) Pvt Ltd
- Manunggal Multi Energi - Indonesia
- Riau Bara Harum - Indonesia
- Australian Commodity Traders Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Economic Council, Georgia
- OPG Power Generation Pvt Ltd - India
- Goldman Sachs - Singapore
- Madhucon Powers Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Trasteel International SA, Italy
- Georgia Ports Authority, United States
- Kumho Petrochemical, South Korea
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- Meenaskhi Energy Private Limited - India
- GVK Power & Infra Limited - India
- Planning Commission, India
- Chamber of Mines of South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Tamil Nadu electricity Board
- Bukit Baiduri Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Banpu Public Company Limited - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- London Commodity Brokers - England
- Global Business Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- ASAPP Information Group - India
- Price Waterhouse Coopers - Russia
- VISA Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Ceylon Electricity Board - Sri Lanka
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- Grasim Industreis Ltd - India
- Antam Resourcindo - Indonesia
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- MS Steel International - UAE
- Lanco Infratech Ltd - India
- Wood Mackenzie - Singapore
- Mercuria Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Karaikal Port Pvt Ltd - India
- ICICI Bank Limited - India
- Ministry of Mines - Canada
- The Treasury - Australian Government
- Metalloyd Limited - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- International Coal Ventures Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Indian Energy Exchange, India
- Mercator Lines Limited - India
- Neyveli Lignite Corporation Ltd, - India
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- Agrawal Coal Company - India
- Leighton Contractors Pty Ltd - Australia
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- CNBM International Corporation - China
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- Global Green Power PLC Corporation, Philippines
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- Dalmia Cement Bharat India
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- Ministry of Transport, Egypt
- Parliament of New Zealand
- Central Java Power - Indonesia
- CIMB Investment Bank - Malaysia
- Eastern Coal Council - USA
- TeaM Sual Corporation - Philippines
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- Ministry of Finance - Indonesia
- European Bulk Services B.V. - Netherlands
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- Interocean Group of Companies - India
- Jindal Steel & Power Ltd - India
- Wilmar Investment Holdings
- Africa Commodities Group - South Africa
- SMG Consultants - Indonesia
- Bhatia International Limited - India
- Port Waratah Coal Services - Australia
- Energy Link Ltd, New Zealand
- Bulk Trading Sa - Switzerland
- Siam City Cement - Thailand
- Edison Trading Spa - Italy
- PowerSource Philippines DevCo
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vedanta Resources Plc - India
- Intertek Mineral Services - Indonesia
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- Alfred C Toepfer International GmbH - Germany
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