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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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- The University of Queensland
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- Billiton Holdings Pty Ltd - Australia
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- International Coal Ventures Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Uttam Galva Steels Limited - India
- Eastern Energy - Thailand
- The Treasury - Australian Government
- Wood Mackenzie - Singapore
- Energy Development Corp, Philippines
- Agrawal Coal Company - India
- Central Java Power - Indonesia
- Ministry of Mines - Canada
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- GVK Power & Infra Limited - India
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- Orica Mining Services - Indonesia
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- Price Waterhouse Coopers - Russia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thiess Contractors Indonesia
- Therma Luzon, Inc, Philippines
- Meenaskhi Energy Private Limited - India
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- IHS Mccloskey Coal Group - USA
- Parliament of New Zealand
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- Gujarat Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Port Waratah Coal Services - Australia
- Intertek Mineral Services - Indonesia
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- Marubeni Corporation - India
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- Heidelberg Cement - Germany
- Metalloyd Limited - United Kingdom
- Xindia Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- PNOC Exploration Corporation - Philippines
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- IEA Clean Coal Centre - UK
- Semirara Mining Corp, Philippines
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- New Zealand Coal & Carbon
- Salva Resources Pvt Ltd - India
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- Power Finance Corporation Ltd., India
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- Chamber of Mines of South Africa
- London Commodity Brokers - England
- Gujarat Mineral Development Corp Ltd - India
- Coal and Oil Company - UAE
- Interocean Group of Companies - India
- Formosa Plastics Group - Taiwan
- Bhushan Steel Limited - India
- CNBM International Corporation - China
- Latin American Coal - Colombia
- Antam Resourcindo - Indonesia
- Chettinad Cement Corporation Ltd - India
- Riau Bara Harum - Indonesia
- Global Business Power Corporation, Philippines
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- Cement Manufacturers Association - India
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- Bhatia International Limited - India
- SMG Consultants - Indonesia
- Bharathi Cement Corporation - India
- Sakthi Sugars Limited - India
- Coastal Gujarat Power Limited - India
- Goldman Sachs - Singapore
- Karaikal Port Pvt Ltd - India
- Posco Energy - South Korea
- Kideco Jaya Agung - Indonesia
- Wilmar Investment Holdings
- Electricity Generating Authority of Thailand
- MS Steel International - UAE
- Energy Link Ltd, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Sical Logistics Limited - India
- Rashtriya Ispat Nigam Limited - India
- Rio Tinto Coal - Australia
- Star Paper Mills Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
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- Thai Mozambique Logistica
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- Toyota Tsusho Corporation, Japan
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- Sindya Power Generating Company Private Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Straits Asia Resources Limited - Singapore
- The State Trading Corporation of India Ltd
- Maharashtra Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Deloitte Consulting - India
- Kumho Petrochemical, South Korea
- Electricity Authority, New Zealand
- Commonwealth Bank - Australia
- Samtan Co., Ltd - South Korea
- Central Electricity Authority - India
- Indian Oil Corporation Limited
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- Bulk Trading Sa - Switzerland
- Australian Coal Association
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- Leighton Contractors Pty Ltd - Australia
- GMR Energy Limited - India
- Kapuas Tunggal Persada - Indonesia
- ICICI Bank Limited - India
- Medco Energi Mining Internasional
- Asmin Koalindo Tuhup - Indonesia
- Edison Trading Spa - Italy
- SMC Global Power, Philippines
- Economic Council, Georgia
- White Energy Company Limited
- Videocon Industries ltd - India
- McConnell Dowell - Australia
- Bhoruka Overseas - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Directorate General of MIneral and Coal - Indonesia
- India Bulls Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Miang Besar Coal Terminal - Indonesia
- Madhucon Powers Ltd - India
- Singapore Mercantile Exchange
- GN Power Mariveles Coal Plant, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Indonesian Coal Mining Association
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- Independent Power Producers Association of India
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- LBH Netherlands Bv - Netherlands
- Simpson Spence & Young - Indonesia
- Merrill Lynch Commodities Europe
- Mjunction Services Limited - India
- Savvy Resources Ltd - HongKong
- Minerals Council of Australia
- Sarangani Energy Corporation, Philippines
- Anglo American - United Kingdom
- Bahari Cakrawala Sebuku - Indonesia
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- Georgia Ports Authority, United States
- Mercuria Energy - Indonesia
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