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Friday, 14 August 09
INDONESIA COAL-PRICES FALL TO $74, INDIA EYES SEPT CARGOES
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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- White Energy Company Limited
- TNB Fuel Sdn Bhd - Malaysia
- SMC Global Power, Philippines
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- Commonwealth Bank - Australia
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- Videocon Industries ltd - India
- Ceylon Electricity Board - Sri Lanka
- Formosa Plastics Group - Taiwan
- Metalloyd Limited - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Tamil Nadu electricity Board
- Meralco Power Generation, Philippines
- Oldendorff Carriers - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Mines - Canada
- Krishnapatnam Port Company Ltd. - India
- Port Waratah Coal Services - Australia
- Carbofer General Trading SA - India
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- Lanco Infratech Ltd - India
- Ind-Barath Power Infra Limited - India
- India Bulls Power Limited - India
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- Global Coal Blending Company Limited - Australia
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- Wood Mackenzie - Singapore
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- MS Steel International - UAE
- Orica Mining Services - Indonesia
- European Bulk Services B.V. - Netherlands
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- Bank of Tokyo Mitsubishi UFJ Ltd
- PNOC Exploration Corporation - Philippines
- Riau Bara Harum - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Ministry of Transport, Egypt
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- Siam City Cement - Thailand
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- Chamber of Mines of South Africa
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- IEA Clean Coal Centre - UK
- Georgia Ports Authority, United States
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- Intertek Mineral Services - Indonesia
- Renaissance Capital - South Africa
- Miang Besar Coal Terminal - Indonesia
- Indonesian Coal Mining Association
- Kapuas Tunggal Persada - Indonesia
- Coal and Oil Company - UAE
- Africa Commodities Group - South Africa
- Ambuja Cements Ltd - India
- ICICI Bank Limited - India
- Kartika Selabumi Mining - Indonesia
- New Zealand Coal & Carbon
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining Corp, Philippines
- Minerals Council of Australia
- Electricity Generating Authority of Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Directorate General of MIneral and Coal - Indonesia
- Petron Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Energy Link Ltd, New Zealand
- CNBM International Corporation - China
- Central Electricity Authority - India
- Gujarat Sidhee Cement - India
- Bahari Cakrawala Sebuku - Indonesia
- Central Java Power - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Madhucon Powers Ltd - India
- SMG Consultants - Indonesia
- Coalindo Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Mjunction Services Limited - India
- PTC India Limited - India
- Simpson Spence & Young - Indonesia
- TeaM Sual Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Antam Resourcindo - Indonesia
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- Gujarat Mineral Development Corp Ltd - India
- Australian Coal Association
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- London Commodity Brokers - England
- PetroVietnam Power Coal Import and Supply Company
- Timah Investasi Mineral - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sarangani Energy Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Thiess Contractors Indonesia
- Binh Thuan Hamico - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- Goldman Sachs - Singapore
- Wilmar Investment Holdings
- McConnell Dowell - Australia
- The Treasury - Australian Government
- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Leighton Contractors Pty Ltd - Australia
- Xindia Steels Limited - India
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- Economic Council, Georgia
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- Kaltim Prima Coal - Indonesia
- Larsen & Toubro Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Medco Energi Mining Internasional
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- Marubeni Corporation - India
- Aboitiz Power Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Indo Tambangraya Megah - Indonesia
- Romanian Commodities Exchange
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- Eastern Coal Council - USA
- Bharathi Cement Corporation - India
- Orica Australia Pty. Ltd.
- Bhatia International Limited - India
- GVK Power & Infra Limited - India
- ASAPP Information Group - India
- Therma Luzon, Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Price Waterhouse Coopers - Russia
- Jaiprakash Power Ventures ltd
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- Samtan Co., Ltd - South Korea
- Aditya Birla Group - India
- Heidelberg Cement - Germany
- Edison Trading Spa - Italy
- Planning Commission, India
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- Trasteel International SA, Italy
- Alfred C Toepfer International GmbH - Germany
- Mercator Lines Limited - India
- Straits Asia Resources Limited - Singapore
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- Bukit Baiduri Energy - Indonesia
- Indian Oil Corporation Limited
- Parliament of New Zealand
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- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
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- Thai Mozambique Logistica
- Mercuria Energy - Indonesia
- Bangladesh Power Developement Board
- Vijayanagar Sugar Pvt Ltd - India
- Indogreen Group - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Iligan Light & Power Inc, Philippines
- Standard Chartered Bank - UAE
- VISA Power Limited - India
- Global Business Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Latin American Coal - Colombia
- Singapore Mercantile Exchange
- Australian Commodity Traders Exchange
- Meenaskhi Energy Private Limited - India
- Barasentosa Lestari - Indonesia
- Indian Energy Exchange, India
- Gujarat Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
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- Electricity Authority, New Zealand
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