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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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- Formosa Plastics Group - Taiwan
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- Petron Corporation, Philippines
- Romanian Commodities Exchange
- Port Waratah Coal Services - Australia
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- Manunggal Multi Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Sojitz Corporation - Japan
- Sinarmas Energy and Mining - Indonesia
- Meralco Power Generation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
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- Chamber of Mines of South Africa
- Thiess Contractors Indonesia
- Coalindo Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sindya Power Generating Company Private Ltd
- Semirara Mining Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Bulk Trading Sa - Switzerland
- SN Aboitiz Power Inc, Philippines
- The University of Queensland
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- Iligan Light & Power Inc, Philippines
- India Bulls Power Limited - India
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- Wood Mackenzie - Singapore
- Bharathi Cement Corporation - India
- Miang Besar Coal Terminal - Indonesia
- Georgia Ports Authority, United States
- SMC Global Power, Philippines
- Cement Manufacturers Association - India
- Binh Thuan Hamico - Vietnam
- Simpson Spence & Young - Indonesia
- Meenaskhi Energy Private Limited - India
- Oldendorff Carriers - Singapore
- Australian Commodity Traders Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Pendopo Energi Batubara - Indonesia
- Sakthi Sugars Limited - India
- Timah Investasi Mineral - Indoneisa
- Siam City Cement - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Eastern Coal Council - USA
- Interocean Group of Companies - India
- Energy Development Corp, Philippines
- Videocon Industries ltd - India
- Indogreen Group - Indonesia
- Therma Luzon, Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Indika Energy - Indonesia
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- Dalmia Cement Bharat India
- Commonwealth Bank - Australia
- New Zealand Coal & Carbon
- Mjunction Services Limited - India
- Alfred C Toepfer International GmbH - Germany
- Indonesian Coal Mining Association
- Planning Commission, India
- VISA Power Limited - India
- Grasim Industreis Ltd - India
- Samtan Co., Ltd - South Korea
- Mercuria Energy - Indonesia
- Standard Chartered Bank - UAE
- Tamil Nadu electricity Board
- Ceylon Electricity Board - Sri Lanka
- Carbofer General Trading SA - India
- Xindia Steels Limited - India
- Sical Logistics Limited - India
- GN Power Mariveles Coal Plant, Philippines
- GVK Power & Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IHS Mccloskey Coal Group - USA
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- Toyota Tsusho Corporation, Japan
- Global Business Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Deloitte Consulting - India
- Uttam Galva Steels Limited - India
- Economic Council, Georgia
- Malabar Cements Ltd - India
- Baramulti Group, Indonesia
- Medco Energi Mining Internasional
- European Bulk Services B.V. - Netherlands
- Tata Chemicals Ltd - India
- Mintek Dendrill Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Power Finance Corporation Ltd., India
- Indian Oil Corporation Limited
- Central Java Power - Indonesia
- Eastern Energy - Thailand
- Aboitiz Power Corporation - Philippines
- London Commodity Brokers - England
- Rio Tinto Coal - Australia
- Global Green Power PLC Corporation, Philippines
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- Bukit Asam (Persero) Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Aditya Birla Group - India
- Makarim & Taira - Indonesia
- Electricity Authority, New Zealand
- Marubeni Corporation - India
- McConnell Dowell - Australia
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- Latin American Coal - Colombia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Mining Services - Indonesia
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- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
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- Directorate General of MIneral and Coal - Indonesia
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Africa Commodities Group - South Africa
- The State Trading Corporation of India Ltd
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- Jindal Steel & Power Ltd - India
- GAC Shipping (India) Pvt Ltd
- Ministry of Transport, Egypt
- Vedanta Resources Plc - India
- Indian Energy Exchange, India
- Parry Sugars Refinery, India
- PTC India Limited - India
- Metalloyd Limited - United Kingdom
- PowerSource Philippines DevCo
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- Jaiprakash Power Ventures ltd
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- Price Waterhouse Coopers - Russia
- Agrawal Coal Company - India
- Kumho Petrochemical, South Korea
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- CIMB Investment Bank - Malaysia
- Kaltim Prima Coal - Indonesia
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- Coal and Oil Company - UAE
- PNOC Exploration Corporation - Philippines
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- Ministry of Finance - Indonesia
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- Parliament of New Zealand
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- Bangladesh Power Developement Board
- Globalindo Alam Lestari - Indonesia
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- The Treasury - Australian Government
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- Independent Power Producers Association of India
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- Global Coal Blending Company Limited - Australia
- IEA Clean Coal Centre - UK
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- Australian Coal Association
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- Bayan Resources Tbk. - Indonesia
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- Cigading International Bulk Terminal - Indonesia
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- Electricity Generating Authority of Thailand
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- Orica Australia Pty. Ltd.
- Bukit Makmur.PT - Indonesia
- Vizag Seaport Private Limited - India
- Singapore Mercantile Exchange
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- Intertek Mineral Services - Indonesia
- Goldman Sachs - Singapore
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- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
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- ICICI Bank Limited - India
- Minerals Council of Australia
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