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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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- Formosa Plastics Group - Taiwan
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- Karbindo Abesyapradhi - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meralco Power Generation, Philippines
- Madhucon Powers Ltd - India
- Videocon Industries ltd - India
- Sarangani Energy Corporation, Philippines
- Posco Energy - South Korea
- Holcim Trading Pte Ltd - Singapore
- Grasim Industreis Ltd - India
- Ind-Barath Power Infra Limited - India
- India Bulls Power Limited - India
- Maheswari Brothers Coal Limited - India
- San Jose City I Power Corp, Philippines
- Parry Sugars Refinery, India
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- Minerals Council of Australia
- Sical Logistics Limited - India
- Toyota Tsusho Corporation, Japan
- Price Waterhouse Coopers - Russia
- Romanian Commodities Exchange
- Semirara Mining Corp, Philippines
- Ambuja Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- PowerSource Philippines DevCo
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- Ministry of Finance - Indonesia
- Xindia Steels Limited - India
- Georgia Ports Authority, United States
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- Merrill Lynch Commodities Europe
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- Attock Cement Pakistan Limited
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- Energy Link Ltd, New Zealand
- ICICI Bank Limited - India
- Global Coal Blending Company Limited - Australia
- Essar Steel Hazira Ltd - India
- Kumho Petrochemical, South Korea
- Bhushan Steel Limited - India
- Goldman Sachs - Singapore
- Thiess Contractors Indonesia
- Dalmia Cement Bharat India
- Gujarat Electricity Regulatory Commission - India
- Economic Council, Georgia
- South Luzon Thermal Energy Corporation
- Riau Bara Harum - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Rio Tinto Coal - Australia
- Port Waratah Coal Services - Australia
- Bhatia International Limited - India
- Cement Manufacturers Association - India
- Indian Oil Corporation Limited
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- The University of Queensland
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- Sojitz Corporation - Japan
- Edison Trading Spa - Italy
- Borneo Indobara - Indonesia
- Trasteel International SA, Italy
- Uttam Galva Steels Limited - India
- Bulk Trading Sa - Switzerland
- Chettinad Cement Corporation Ltd - India
- Standard Chartered Bank - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Indonesian Coal Mining Association
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- Mintek Dendrill Indonesia
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- Bukit Makmur.PT - Indonesia
- Bhoruka Overseas - Indonesia
- CIMB Investment Bank - Malaysia
- IHS Mccloskey Coal Group - USA
- The State Trading Corporation of India Ltd
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- Jorong Barutama Greston.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Anglo American - United Kingdom
- LBH Netherlands Bv - Netherlands
- Makarim & Taira - Indonesia
- Lanco Infratech Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Coastal Gujarat Power Limited - India
- GMR Energy Limited - India
- Sree Jayajothi Cements Limited - India
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- GVK Power & Infra Limited - India
- Intertek Mineral Services - Indonesia
- CNBM International Corporation - China
- Leighton Contractors Pty Ltd - Australia
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- Bahari Cakrawala Sebuku - Indonesia
- Indogreen Group - Indonesia
- Singapore Mercantile Exchange
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- Barasentosa Lestari - Indonesia
- Indian Energy Exchange, India
- Australian Coal Association
- Karaikal Port Pvt Ltd - India
- Siam City Cement - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Larsen & Toubro Limited - India
- Krishnapatnam Port Company Ltd. - India
- Bangladesh Power Developement Board
- Orica Mining Services - Indonesia
- Africa Commodities Group - South Africa
- Electricity Generating Authority of Thailand
- Ceylon Electricity Board - Sri Lanka
- Independent Power Producers Association of India
- Asmin Koalindo Tuhup - Indonesia
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- Alfred C Toepfer International GmbH - Germany
- Meenaskhi Energy Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Thai Mozambique Logistica
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- Oldendorff Carriers - Singapore
- PTC India Limited - India
- Miang Besar Coal Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indo Tambangraya Megah - Indonesia
- PNOC Exploration Corporation - Philippines
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- Tata Chemicals Ltd - India
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- Commonwealth Bank - Australia
- Eastern Coal Council - USA
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- Indika Energy - Indonesia
- Latin American Coal - Colombia
- VISA Power Limited - India
- New Zealand Coal & Carbon
- Vizag Seaport Private Limited - India
- Directorate Of Revenue Intelligence - India
- The Treasury - Australian Government
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- Tamil Nadu electricity Board
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- SN Aboitiz Power Inc, Philippines
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- Simpson Spence & Young - Indonesia
- Straits Asia Resources Limited - Singapore
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- AsiaOL BioFuels Corp., Philippines
- Parliament of New Zealand
- SMC Global Power, Philippines
- Salva Resources Pvt Ltd - India
- Chamber of Mines of South Africa
- Ministry of Transport, Egypt
- Malabar Cements Ltd - India
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- Planning Commission, India
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- Binh Thuan Hamico - Vietnam
- Samtan Co., Ltd - South Korea
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- Renaissance Capital - South Africa
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