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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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- Merrill Lynch Commodities Europe
- Energy Development Corp, Philippines
- Thai Mozambique Logistica
- Commonwealth Bank - Australia
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- Maheswari Brothers Coal Limited - India
- Eastern Coal Council - USA
- Georgia Ports Authority, United States
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- Interocean Group of Companies - India
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- Mercuria Energy - Indonesia
- Intertek Mineral Services - Indonesia
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- Indo Tambangraya Megah - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Anglo American - United Kingdom
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- Lanco Infratech Ltd - India
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- Kartika Selabumi Mining - Indonesia
- Coastal Gujarat Power Limited - India
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- Deloitte Consulting - India
- IEA Clean Coal Centre - UK
- Kumho Petrochemical, South Korea
- Videocon Industries ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining and Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Heidelberg Cement - Germany
- PowerSource Philippines DevCo
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- Sakthi Sugars Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karaikal Port Pvt Ltd - India
- Agrawal Coal Company - India
- Electricity Authority, New Zealand
- The State Trading Corporation of India Ltd
- Vedanta Resources Plc - India
- Orica Australia Pty. Ltd.
- Therma Luzon, Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Kepco SPC Power Corporation, Philippines
- Economic Council, Georgia
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- Metalloyd Limited - United Kingdom
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- OPG Power Generation Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- New Zealand Coal & Carbon
- Bhoruka Overseas - Indonesia
- Rio Tinto Coal - Australia
- Port Waratah Coal Services - Australia
- Simpson Spence & Young - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kobexindo Tractors - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Standard Chartered Bank - UAE
- Sojitz Corporation - Japan
- GVK Power & Infra Limited - India
- India Bulls Power Limited - India
- Straits Asia Resources Limited - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
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- The Treasury - Australian Government
- Toyota Tsusho Corporation, Japan
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- Energy Link Ltd, New Zealand
- Orica Mining Services - Indonesia
- Independent Power Producers Association of India
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- Essar Steel Hazira Ltd - India
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- Rashtriya Ispat Nigam Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Marubeni Corporation - India
- Central Electricity Authority - India
- International Coal Ventures Pvt Ltd - India
- Coalindo Energy - Indonesia
- SMG Consultants - Indonesia
- Petron Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Romanian Commodities Exchange
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- SMC Global Power, Philippines
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- Wood Mackenzie - Singapore
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- White Energy Company Limited
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- Edison Trading Spa - Italy
- Coal and Oil Company - UAE
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- Altura Mining Limited, Indonesia
- Ministry of Mines - Canada
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- Timah Investasi Mineral - Indoneisa
- Wilmar Investment Holdings
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- Indika Energy - Indonesia
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- Mintek Dendrill Indonesia
- AsiaOL BioFuels Corp., Philippines
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- Maharashtra Electricity Regulatory Commission - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Iligan Light & Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Star Paper Mills Limited - India
- Borneo Indobara - Indonesia
- GMR Energy Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- McConnell Dowell - Australia
- Aboitiz Power Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
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- Binh Thuan Hamico - Vietnam
- Power Finance Corporation Ltd., India
- CNBM International Corporation - China
- Mjunction Services Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Indonesian Coal Mining Association
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- Sindya Power Generating Company Private Ltd
- Jorong Barutama Greston.PT - Indonesia
- Attock Cement Pakistan Limited
- Riau Bara Harum - Indonesia
- Parliament of New Zealand
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- Carbofer General Trading SA - India
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- Gujarat Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
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- Sree Jayajothi Cements Limited - India
- Australian Coal Association
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- Africa Commodities Group - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Antam Resourcindo - Indonesia
- Chamber of Mines of South Africa
- PTC India Limited - India
- Savvy Resources Ltd - HongKong
- Renaissance Capital - South Africa
- Makarim & Taira - Indonesia
- Electricity Generating Authority of Thailand
- Tamil Nadu electricity Board
- Thiess Contractors Indonesia
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- Siam City Cement PLC, Thailand
- Bangladesh Power Developement Board
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- Bulk Trading Sa - Switzerland
- Ceylon Electricity Board - Sri Lanka
- Formosa Plastics Group - Taiwan
- Ministry of Transport, Egypt
- Bharathi Cement Corporation - India
- Indian Oil Corporation Limited
- Madhucon Powers Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Minerals Council of Australia
- Global Business Power Corporation, Philippines
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- Medco Energi Mining Internasional
- Eastern Energy - Thailand
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- London Commodity Brokers - England
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- Directorate General of MIneral and Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Planning Commission, India
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- Meralco Power Generation, Philippines
- Pendopo Energi Batubara - Indonesia
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- Ministry of Finance - Indonesia
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