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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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- Alfred C Toepfer International GmbH - Germany
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- Thiess Contractors Indonesia
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- Central Java Power - Indonesia
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- Vijayanagar Sugar Pvt Ltd - India
- Interocean Group of Companies - India
- Heidelberg Cement - Germany
- Karaikal Port Pvt Ltd - India
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- Indian Energy Exchange, India
- Orica Mining Services - Indonesia
- VISA Power Limited - India
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- OPG Power Generation Pvt Ltd - India
- Bhushan Steel Limited - India
- European Bulk Services B.V. - Netherlands
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- GAC Shipping (India) Pvt Ltd
- LBH Netherlands Bv - Netherlands
- Australian Commodity Traders Exchange
- Latin American Coal - Colombia
- Indonesian Coal Mining Association
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- Minerals Council of Australia
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- Merrill Lynch Commodities Europe
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- Kumho Petrochemical, South Korea
- New Zealand Coal & Carbon
- The State Trading Corporation of India Ltd
- CIMB Investment Bank - Malaysia
- Bukit Makmur.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- ASAPP Information Group - India
- Jorong Barutama Greston.PT - Indonesia
- Agrawal Coal Company - India
- Antam Resourcindo - Indonesia
- San Jose City I Power Corp, Philippines
- Intertek Mineral Services - Indonesia
- Videocon Industries ltd - India
- White Energy Company Limited
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- SMG Consultants - Indonesia
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- Chamber of Mines of South Africa
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- South Luzon Thermal Energy Corporation
- Singapore Mercantile Exchange
- London Commodity Brokers - England
- IHS Mccloskey Coal Group - USA
- Wilmar Investment Holdings
- CNBM International Corporation - China
- Jaiprakash Power Ventures ltd
- Bhatia International Limited - India
- Straits Asia Resources Limited - Singapore
- GMR Energy Limited - India
- Trasteel International SA, Italy
- Edison Trading Spa - Italy
- Price Waterhouse Coopers - Russia
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- Coal and Oil Company - UAE
- Larsen & Toubro Limited - India
- Globalindo Alam Lestari - Indonesia
- Cement Manufacturers Association - India
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- Romanian Commodities Exchange
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- Semirara Mining and Power Corporation, Philippines
- Indian Oil Corporation Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhoruka Overseas - Indonesia
- Directorate Of Revenue Intelligence - India
- The University of Queensland
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- Mintek Dendrill Indonesia
- Deloitte Consulting - India
- Renaissance Capital - South Africa
- Manunggal Multi Energi - Indonesia
- India Bulls Power Limited - India
- ICICI Bank Limited - India
- The Treasury - Australian Government
- Ministry of Mines - Canada
- Maheswari Brothers Coal Limited - India
- Riau Bara Harum - Indonesia
- Mercator Lines Limited - India
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- Kaltim Prima Coal - Indonesia
- Meralco Power Generation, Philippines
- Mercuria Energy - Indonesia
- Economic Council, Georgia
- Commonwealth Bank - Australia
- Leighton Contractors Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Bulk Trading Sa - Switzerland
- Grasim Industreis Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- Anglo American - United Kingdom
- Posco Energy - South Korea
- Gujarat Sidhee Cement - India
- Bayan Resources Tbk. - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Global Coal Blending Company Limited - Australia
- Bangladesh Power Developement Board
- Formosa Plastics Group - Taiwan
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- Binh Thuan Hamico - Vietnam
- PowerSource Philippines DevCo
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- Goldman Sachs - Singapore
- Parliament of New Zealand
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- Attock Cement Pakistan Limited
- Energy Development Corp, Philippines
- Thai Mozambique Logistica
- Bahari Cakrawala Sebuku - Indonesia
- McConnell Dowell - Australia
- Makarim & Taira - Indonesia
- Marubeni Corporation - India
- Xindia Steels Limited - India
- Vizag Seaport Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement PLC, Thailand
- Bharathi Cement Corporation - India
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- Simpson Spence & Young - Indonesia
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- Ministry of Finance - Indonesia
- Metalloyd Limited - United Kingdom
- Indogreen Group - Indonesia
- Eastern Energy - Thailand
- Aboitiz Power Corporation - Philippines
- Tamil Nadu electricity Board
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- GN Power Mariveles Coal Plant, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
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- Sinarmas Energy and Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- MS Steel International - UAE
- Kohat Cement Company Ltd. - Pakistan
- IEA Clean Coal Centre - UK
- Australian Coal Association
- Petrochimia International Co. Ltd.- Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Samtan Co., Ltd - South Korea
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