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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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- Offshore Bulk Terminal Pte Ltd, Singapore
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- Eastern Energy - Thailand
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- Rio Tinto Coal - Australia
- Mercator Lines Limited - India
- ICICI Bank Limited - India
- Intertek Mineral Services - Indonesia
- Independent Power Producers Association of India
- Bangladesh Power Developement Board
- Marubeni Corporation - India
- Globalindo Alam Lestari - Indonesia
- Wilmar Investment Holdings
- White Energy Company Limited
- LBH Netherlands Bv - Netherlands
- Indian Energy Exchange, India
- Coalindo Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Rashtriya Ispat Nigam Limited - India
- Trasteel International SA, Italy
- New Zealand Coal & Carbon
- Bharathi Cement Corporation - India
- OPG Power Generation Pvt Ltd - India
- Eastern Coal Council - USA
- Altura Mining Limited, Indonesia
- Commonwealth Bank - Australia
- Iligan Light & Power Inc, Philippines
- Vedanta Resources Plc - India
- Economic Council, Georgia
- McConnell Dowell - Australia
- Directorate General of MIneral and Coal - Indonesia
- GVK Power & Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Ministry of Transport, Egypt
- Indian Oil Corporation Limited
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- Carbofer General Trading SA - India
- Meralco Power Generation, Philippines
- Therma Luzon, Inc, Philippines
- Tata Chemicals Ltd - India
- Electricity Authority, New Zealand
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- Simpson Spence & Young - Indonesia
- CNBM International Corporation - China
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- Banpu Public Company Limited - Thailand
- Thai Mozambique Logistica
- Kideco Jaya Agung - Indonesia
- Binh Thuan Hamico - Vietnam
- Bayan Resources Tbk. - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Oldendorff Carriers - Singapore
- Sojitz Corporation - Japan
- Tamil Nadu electricity Board
- Standard Chartered Bank - UAE
- Georgia Ports Authority, United States
- Kohat Cement Company Ltd. - Pakistan
- Thiess Contractors Indonesia
- Meenaskhi Energy Private Limited - India
- Mjunction Services Limited - India
- Merrill Lynch Commodities Europe
- Australian Commodity Traders Exchange
- The Treasury - Australian Government
- GN Power Mariveles Coal Plant, Philippines
- Antam Resourcindo - Indonesia
- Ministry of Mines - Canada
- Jindal Steel & Power Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Sarangani Energy Corporation, Philippines
- Mintek Dendrill Indonesia
- Singapore Mercantile Exchange
- Grasim Industreis Ltd - India
- Global Business Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Semirara Mining and Power Corporation, Philippines
- Central Java Power - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Savvy Resources Ltd - HongKong
- IHS Mccloskey Coal Group - USA
- Siam City Cement PLC, Thailand
- Leighton Contractors Pty Ltd - Australia
- Coal and Oil Company - UAE
- Samtan Co., Ltd - South Korea
- Semirara Mining Corp, Philippines
- Interocean Group of Companies - India
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- Vizag Seaport Private Limited - India
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- Bahari Cakrawala Sebuku - Indonesia
- Indogreen Group - Indonesia
- PNOC Exploration Corporation - Philippines
- Salva Resources Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Videocon Industries ltd - India
- Medco Energi Mining Internasional
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- Agrawal Coal Company - India
- Timah Investasi Mineral - Indoneisa
- Xindia Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Aditya Birla Group - India
- Electricity Generating Authority of Thailand
- Star Paper Mills Limited - India
- Ceylon Electricity Board - Sri Lanka
- Ministry of Finance - Indonesia
- Formosa Plastics Group - Taiwan
- Pendopo Energi Batubara - Indonesia
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- TNB Fuel Sdn Bhd - Malaysia
- Chamber of Mines of South Africa
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- Jaiprakash Power Ventures ltd
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- PTC India Limited - India
- Africa Commodities Group - South Africa
- Jorong Barutama Greston.PT - Indonesia
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- Goldman Sachs - Singapore
- Bhushan Steel Limited - India
- Energy Development Corp, Philippines
- GMR Energy Limited - India
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- Global Green Power PLC Corporation, Philippines
- London Commodity Brokers - England
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- Indonesian Coal Mining Association
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- International Coal Ventures Pvt Ltd - India
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- Directorate Of Revenue Intelligence - India
- Kumho Petrochemical, South Korea
- Essar Steel Hazira Ltd - India
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- GAC Shipping (India) Pvt Ltd
- Kaltim Prima Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
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- VISA Power Limited - India
- Orica Australia Pty. Ltd.
- Karbindo Abesyapradhi - Indoneisa
- Petron Corporation, Philippines
- IEA Clean Coal Centre - UK
- Dalmia Cement Bharat India
- Barasentosa Lestari - Indonesia
- Parry Sugars Refinery, India
- Metalloyd Limited - United Kingdom
- Coastal Gujarat Power Limited - India
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- Orica Mining Services - Indonesia
- SMC Global Power, Philippines
- CIMB Investment Bank - Malaysia
- Australian Coal Association
- Krishnapatnam Port Company Ltd. - India
- Minerals Council of Australia
- Edison Trading Spa - Italy
- Cigading International Bulk Terminal - Indonesia
- Cement Manufacturers Association - India
- Price Waterhouse Coopers - Russia
- Pipit Mutiara Jaya. PT, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Gujarat Electricity Regulatory Commission - India
- The University of Queensland
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- India Bulls Power Limited - India
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- Wood Mackenzie - Singapore
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- Sakthi Sugars Limited - India
- Planning Commission, India
- Billiton Holdings Pty Ltd - Australia
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- Makarim & Taira - Indonesia
- The State Trading Corporation of India Ltd
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- ASAPP Information Group - India
- Bulk Trading Sa - Switzerland
- Sindya Power Generating Company Private Ltd
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