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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 and Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- The State Trading Corporation of India Ltd
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- Sinarmas Energy and Mining - Indonesia
- India Bulls Power Limited - India
- Bharathi Cement Corporation - India
- ASAPP Information Group - India
- Grasim Industreis Ltd - India
- White Energy Company Limited
- Alfred C Toepfer International GmbH - Germany
- GVK Power & Infra Limited - India
- Formosa Plastics Group - Taiwan
- Eastern Energy - Thailand
- Manunggal Multi Energi - Indonesia
- Siam City Cement - Thailand
- Madhucon Powers Ltd - India
- CIMB Investment Bank - Malaysia
- Kumho Petrochemical, South Korea
- Meralco Power Generation, Philippines
- PNOC Exploration Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- PTC India Limited - India
- Ministry of Mines - Canada
- Salva Resources Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Ambuja Cements Ltd - India
- Sakthi Sugars Limited - India
- Aditya Birla Group - India
- Orica Mining Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Videocon Industries ltd - India
- Larsen & Toubro Limited - India
- Trasteel International SA, Italy
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- Tata Chemicals Ltd - India
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- Medco Energi Mining Internasional
- MS Steel International - UAE
- Wilmar Investment Holdings
- Pipit Mutiara Jaya. PT, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Coalindo Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- PowerSource Philippines DevCo
- CNBM International Corporation - China
- Goldman Sachs - Singapore
- Agrawal Coal Company - India
- Bulk Trading Sa - Switzerland
- New Zealand Coal & Carbon
- Bukit Asam (Persero) Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Minerals Council of Australia
- Indian Energy Exchange, India
- TNB Fuel Sdn Bhd - Malaysia
- Anglo American - United Kingdom
- Marubeni Corporation - India
- Bangladesh Power Developement Board
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- Attock Cement Pakistan Limited
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- Economic Council, Georgia
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- Parliament of New Zealand
- Singapore Mercantile Exchange
- Bukit Makmur.PT - Indonesia
- Essar Steel Hazira Ltd - India
- Toyota Tsusho Corporation, Japan
- Rashtriya Ispat Nigam Limited - India
- Uttam Galva Steels Limited - India
- Savvy Resources Ltd - HongKong
- Deloitte Consulting - India
- Gujarat Mineral Development Corp Ltd - India
- Jaiprakash Power Ventures ltd
- IEA Clean Coal Centre - UK
- Rio Tinto Coal - Australia
- Karbindo Abesyapradhi - Indoneisa
- ICICI Bank Limited - India
- Kapuas Tunggal Persada - Indonesia
- Intertek Mineral Services - Indonesia
- Port Waratah Coal Services - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Indian Oil Corporation Limited
- Sojitz Corporation - Japan
- Commonwealth Bank - Australia
- Georgia Ports Authority, United States
- Global Coal Blending Company Limited - Australia
- VISA Power Limited - India
- South Luzon Thermal Energy Corporation
- LBH Netherlands Bv - Netherlands
- Straits Asia Resources Limited - Singapore
- Vedanta Resources Plc - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- OPG Power Generation Pvt Ltd - India
- Lanco Infratech Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Independent Power Producers Association of India
- Chamber of Mines of South Africa
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- SMG Consultants - Indonesia
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- Indo Tambangraya Megah - Indonesia
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- Power Finance Corporation Ltd., India
- Australian Coal Association
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- Romanian Commodities Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cement Manufacturers Association - India
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- Petron Corporation, Philippines
- Merrill Lynch Commodities Europe
- Sree Jayajothi Cements Limited - India
- London Commodity Brokers - England
- Metalloyd Limited - United Kingdom
- Pendopo Energi Batubara - Indonesia
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- Orica Australia Pty. Ltd.
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- Posco Energy - South Korea
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- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Therma Luzon, Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kideco Jaya Agung - Indonesia
- Simpson Spence & Young - Indonesia
- Interocean Group of Companies - India
- Carbofer General Trading SA - India
- Indonesian Coal Mining Association
- PetroVietnam Power Coal Import and Supply Company
- Chettinad Cement Corporation Ltd - India
- Binh Thuan Hamico - Vietnam
- Antam Resourcindo - Indonesia
- Maheswari Brothers Coal Limited - India
- Standard Chartered Bank - UAE
- Africa Commodities Group - South Africa
- Heidelberg Cement - Germany
- GMR Energy Limited - India
- Semirara Mining Corp, Philippines
- Bhoruka Overseas - Indonesia
- International Coal Ventures Pvt Ltd - India
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- Central Electricity Authority - India
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- Ind-Barath Power Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Eastern Coal Council - USA
- Coastal Gujarat Power Limited - India
- The University of Queensland
- Ministry of Transport, Egypt
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- Planning Commission, India
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- GAC Shipping (India) Pvt Ltd
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- SMC Global Power, Philippines
- Indogreen Group - Indonesia
- Bayan Resources Tbk. - Indonesia
- Australian Commodity Traders Exchange
- Mercator Lines Limited - India
- Siam City Cement PLC, Thailand
- Barasentosa Lestari - Indonesia
- Electricity Authority, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Edison Trading Spa - Italy
- Timah Investasi Mineral - Indoneisa
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- Directorate Of Revenue Intelligence - India
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