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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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- Semirara Mining Corp, Philippines
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- Bhoruka Overseas - Indonesia
- New Zealand Coal & Carbon
- Pendopo Energi Batubara - Indonesia
- Larsen & Toubro Limited - India
- Interocean Group of Companies - India
- Jorong Barutama Greston.PT - Indonesia
- Mercuria Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Metalloyd Limited - United Kingdom
- Salva Resources Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- The State Trading Corporation of India Ltd
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- Maheswari Brothers Coal Limited - India
- Star Paper Mills Limited - India
- Mjunction Services Limited - India
- CNBM International Corporation - China
- Grasim Industreis Ltd - India
- Riau Bara Harum - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Energy Link Ltd, New Zealand
- VISA Power Limited - India
- Makarim & Taira - Indonesia
- Eastern Energy - Thailand
- Heidelberg Cement - Germany
- The University of Queensland
- GAC Shipping (India) Pvt Ltd
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- Essar Steel Hazira Ltd - India
- Coal and Oil Company - UAE
- Ministry of Mines - Canada
- Price Waterhouse Coopers - Russia
- Electricity Generating Authority of Thailand
- Wood Mackenzie - Singapore
- The Treasury - Australian Government
- Gujarat Mineral Development Corp Ltd - India
- Sojitz Corporation - Japan
- Neyveli Lignite Corporation Ltd, - India
- Kapuas Tunggal Persada - Indonesia
- ICICI Bank Limited - India
- Latin American Coal - Colombia
- Karbindo Abesyapradhi - Indoneisa
- Aboitiz Power Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Minerals Council of Australia
- Cement Manufacturers Association - India
- Jindal Steel & Power Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Finance - Indonesia
- Rio Tinto Coal - Australia
- Siam City Cement - Thailand
- Economic Council, Georgia
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- Commonwealth Bank - Australia
- Directorate General of MIneral and Coal - Indonesia
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- Africa Commodities Group - South Africa
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- Eastern Coal Council - USA
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Merrill Lynch Commodities Europe
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Indogreen Group - Indonesia
- Bangladesh Power Developement Board
- Jaiprakash Power Ventures ltd
- Kobexindo Tractors - Indoneisa
- Indonesian Coal Mining Association
- IEA Clean Coal Centre - UK
- Singapore Mercantile Exchange
- Kartika Selabumi Mining - Indonesia
- Agrawal Coal Company - India
- PNOC Exploration Corporation - Philippines
- Malabar Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Central Electricity Authority - India
- Samtan Co., Ltd - South Korea
- Dalmia Cement Bharat India
- Altura Mining Limited, Indonesia
- Petron Corporation, Philippines
- Chamber of Mines of South Africa
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- PTC India Limited - India
- San Jose City I Power Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- White Energy Company Limited
- Port Waratah Coal Services - Australia
- Planning Commission, India
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- Renaissance Capital - South Africa
- Savvy Resources Ltd - HongKong
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- Wilmar Investment Holdings
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- Gujarat Electricity Regulatory Commission - India
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- Thiess Contractors Indonesia
- South Luzon Thermal Energy Corporation
- Australian Commodity Traders Exchange
- GMR Energy Limited - India
- Ceylon Electricity Board - Sri Lanka
- Standard Chartered Bank - UAE
- Billiton Holdings Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- Maharashtra Electricity Regulatory Commission - India
- Carbofer General Trading SA - India
- Medco Energi Mining Internasional
- Oldendorff Carriers - Singapore
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- Antam Resourcindo - Indonesia
- Therma Luzon, Inc, Philippines
- London Commodity Brokers - England
- Global Business Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
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- Meenaskhi Energy Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- Cigading International Bulk Terminal - Indonesia
- Electricity Authority, New Zealand
- Globalindo Alam Lestari - Indonesia
- Posco Energy - South Korea
- IHS Mccloskey Coal Group - USA
- GVK Power & Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Independent Power Producers Association of India
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- Bhushan Steel Limited - India
- Trasteel International SA, Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Tamil Nadu electricity Board
- Romanian Commodities Exchange
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Global Green Power PLC Corporation, Philippines
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- Petrochimia International Co. Ltd.- Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Marubeni Corporation - India
- Bukit Makmur.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Leighton Contractors Pty Ltd - Australia
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- SMG Consultants - Indonesia
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- Semirara Mining and Power Corporation, Philippines
- Deloitte Consulting - India
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