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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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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coal and Oil Company - UAE
- PNOC Exploration Corporation - Philippines
- Bhushan Steel Limited - India
- Kideco Jaya Agung - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Mjunction Services Limited - India
- Sarangani Energy Corporation, Philippines
- Economic Council, Georgia
- Minerals Council of Australia
- Bhoruka Overseas - Indonesia
- Bulk Trading Sa - Switzerland
- Kepco SPC Power Corporation, Philippines
- Central Java Power - Indonesia
- IHS Mccloskey Coal Group - USA
- Bahari Cakrawala Sebuku - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The State Trading Corporation of India Ltd
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- Orica Mining Services - Indonesia
- Tata Chemicals Ltd - India
- Indika Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Port Waratah Coal Services - Australia
- Singapore Mercantile Exchange
- Global Business Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Gujarat Sidhee Cement - India
- Deloitte Consulting - India
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- Power Finance Corporation Ltd., India
- Eastern Energy - Thailand
- Trasteel International SA, Italy
- IEA Clean Coal Centre - UK
- Formosa Plastics Group - Taiwan
- Aboitiz Power Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parliament of New Zealand
- Ceylon Electricity Board - Sri Lanka
- Lanco Infratech Ltd - India
- Maheswari Brothers Coal Limited - India
- Bayan Resources Tbk. - Indonesia
- ASAPP Information Group - India
- Directorate General of MIneral and Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- SMG Consultants - Indonesia
- Samtan Co., Ltd - South Korea
- LBH Netherlands Bv - Netherlands
- Carbofer General Trading SA - India
- Independent Power Producers Association of India
- Edison Trading Spa - Italy
- Madhucon Powers Ltd - India
- Commonwealth Bank - Australia
- Georgia Ports Authority, United States
- SMC Global Power, Philippines
- Interocean Group of Companies - India
- Medco Energi Mining Internasional
- McConnell Dowell - Australia
- Renaissance Capital - South Africa
- Orica Australia Pty. Ltd.
- India Bulls Power Limited - India
- Metalloyd Limited - United Kingdom
- Wood Mackenzie - Singapore
- Planning Commission, India
- White Energy Company Limited
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- Coastal Gujarat Power Limited - India
- Indonesian Coal Mining Association
- Savvy Resources Ltd - HongKong
- Heidelberg Cement - Germany
- Kartika Selabumi Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Bangladesh Power Developement Board
- Banpu Public Company Limited - Thailand
- Indian Oil Corporation Limited
- Indo Tambangraya Megah - Indonesia
- Siam City Cement PLC, Thailand
- Chamber of Mines of South Africa
- Ministry of Mines - Canada
- Indian Energy Exchange, India
- Latin American Coal - Colombia
- Merrill Lynch Commodities Europe
- Jaiprakash Power Ventures ltd
- Global Coal Blending Company Limited - Australia
- Karaikal Port Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Ambuja Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement - Thailand
- Sakthi Sugars Limited - India
- Rio Tinto Coal - Australia
- Malabar Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Standard Chartered Bank - UAE
- Gujarat Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Krishnapatnam Port Company Ltd. - India
- Eastern Coal Council - USA
- Kohat Cement Company Ltd. - Pakistan
- Mercuria Energy - Indonesia
- The University of Queensland
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- Vedanta Resources Plc - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- OPG Power Generation Pvt Ltd - India
- MS Steel International - UAE
- The Treasury - Australian Government
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meenaskhi Energy Private Limited - India
- Price Waterhouse Coopers - Russia
- Central Electricity Authority - India
- PTC India Limited - India
- Kaltim Prima Coal - Indonesia
- Antam Resourcindo - Indonesia
- Africa Commodities Group - South Africa
- London Commodity Brokers - England
- Petron Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Energy Link Ltd, New Zealand
- Energy Development Corp, Philippines
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Miang Besar Coal Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- GAC Shipping (India) Pvt Ltd
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- Agrawal Coal Company - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Electricity Authority, New Zealand
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- Ind-Barath Power Infra Limited - India
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- Cigading International Bulk Terminal - Indonesia
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- Bhatia International Limited - India
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- Karbindo Abesyapradhi - Indoneisa
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- New Zealand Coal & Carbon
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- International Coal Ventures Pvt Ltd - India
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- Semirara Mining and Power Corporation, Philippines
- Tamil Nadu electricity Board
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- Aditya Birla Group - India
- Alfred C Toepfer International GmbH - Germany
- Goldman Sachs - Singapore
- Globalindo Alam Lestari - Indonesia
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- Kapuas Tunggal Persada - Indonesia
- Makarim & Taira - Indonesia
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- Sojitz Corporation - Japan
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- Cement Manufacturers Association - India
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- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Finance - Indonesia
- Posco Energy - South Korea
- Barasentosa Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- CNBM International Corporation - China
- Straits Asia Resources Limited - Singapore
- Meralco Power Generation, Philippines
- Manunggal Multi Energi - Indonesia
- Attock Cement Pakistan Limited
- Thai Mozambique Logistica
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