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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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- Sinarmas Energy and Mining - Indonesia
- VISA Power Limited - India
- Vizag Seaport Private Limited - India
- Parliament of New Zealand
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- Price Waterhouse Coopers - Russia
- Rashtriya Ispat Nigam Limited - India
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- Power Finance Corporation Ltd., India
- Banpu Public Company Limited - Thailand
- CNBM International Corporation - China
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bangladesh Power Developement Board
- Miang Besar Coal Terminal - Indonesia
- Intertek Mineral Services - Indonesia
- Commonwealth Bank - Australia
- Mercuria Energy - Indonesia
- Tata Chemicals Ltd - India
- Petron Corporation, Philippines
- Gujarat Sidhee Cement - India
- India Bulls Power Limited - India
- Kideco Jaya Agung - Indonesia
- Standard Chartered Bank - UAE
- PTC India Limited - India
- Agrawal Coal Company - India
- GAC Shipping (India) Pvt Ltd
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- Indika Energy - Indonesia
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- Uttam Galva Steels Limited - India
- The Treasury - Australian Government
- Barasentosa Lestari - Indonesia
- Rio Tinto Coal - Australia
- Siam City Cement - Thailand
- Australian Coal Association
- Indogreen Group - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Independent Power Producers Association of India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Medco Energi Mining Internasional
- GN Power Mariveles Coal Plant, Philippines
- The University of Queensland
- Renaissance Capital - South Africa
- Aditya Birla Group - India
- Jaiprakash Power Ventures ltd
- Thai Mozambique Logistica
- Mjunction Services Limited - India
- PNOC Exploration Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Ministry of Mines - Canada
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- GMR Energy Limited - India
- Xindia Steels Limited - India
- Kepco SPC Power Corporation, Philippines
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- Jindal Steel & Power Ltd - India
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- Singapore Mercantile Exchange
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- Global Green Power PLC Corporation, Philippines
- Videocon Industries ltd - India
- Sindya Power Generating Company Private Ltd
- White Energy Company Limited
- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- Wilmar Investment Holdings
- Romanian Commodities Exchange
- Port Waratah Coal Services - Australia
- Siam City Cement PLC, Thailand
- Ambuja Cements Ltd - India
- Anglo American - United Kingdom
- Straits Asia Resources Limited - Singapore
- Sarangani Energy Corporation, Philippines
- Electricity Authority, New Zealand
- Indian Oil Corporation Limited
- Directorate Of Revenue Intelligence - India
- The State Trading Corporation of India Ltd
- PowerSource Philippines DevCo
- Ministry of Finance - Indonesia
- SMG Consultants - Indonesia
- Interocean Group of Companies - India
- London Commodity Brokers - England
- Sical Logistics Limited - India
- European Bulk Services B.V. - Netherlands
- Eastern Energy - Thailand
- AsiaOL BioFuels Corp., Philippines
- Alfred C Toepfer International GmbH - Germany
- Bulk Trading Sa - Switzerland
- Therma Luzon, Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Parry Sugars Refinery, India
- Sree Jayajothi Cements Limited - India
- Karaikal Port Pvt Ltd - India
- Australian Commodity Traders Exchange
- Kumho Petrochemical, South Korea
- Tamil Nadu electricity Board
- Aboitiz Power Corporation - Philippines
- Chamber of Mines of South Africa
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- Asmin Koalindo Tuhup - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
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- Vedanta Resources Plc - India
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- Mintek Dendrill Indonesia
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- Cigading International Bulk Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
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- Kohat Cement Company Ltd. - Pakistan
- Merrill Lynch Commodities Europe
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- Binh Thuan Hamico - Vietnam
- San Jose City I Power Corp, Philippines
- Indian Energy Exchange, India
- Kartika Selabumi Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
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- Meralco Power Generation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Neyveli Lignite Corporation Ltd, - India
- Economic Council, Georgia
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- Energy Link Ltd, New Zealand
- Energy Development Corp, Philippines
- Cement Manufacturers Association - India
- Simpson Spence & Young - Indonesia
- Trasteel International SA, Italy
- Bhoruka Overseas - Indonesia
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- Africa Commodities Group - South Africa
- Coal and Oil Company - UAE
- Samtan Co., Ltd - South Korea
- Global Business Power Corporation, Philippines
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- Jorong Barutama Greston.PT - Indonesia
- Eastern Coal Council - USA
- South Luzon Thermal Energy Corporation
- Goldman Sachs - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coalindo Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Edison Trading Spa - Italy
- Formosa Plastics Group - Taiwan
- McConnell Dowell - Australia
- CIMB Investment Bank - Malaysia
- Orica Australia Pty. Ltd.
- Planning Commission, India
- MS Steel International - UAE
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- Semirara Mining Corp, Philippines
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- Indonesian Coal Mining Association
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- OPG Power Generation Pvt Ltd - India
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- SMC Global Power, Philippines
- Iligan Light & Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Metalloyd Limited - United Kingdom
- Minerals Council of Australia
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- Mercator Lines Limited - India
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- ICICI Bank Limited - India
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