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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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- GN Power Mariveles Coal Plant, Philippines
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- IHS Mccloskey Coal Group - USA
- Chamber of Mines of South Africa
- Aditya Birla Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sarangani Energy Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Wood Mackenzie - Singapore
- Simpson Spence & Young - Indonesia
- Tamil Nadu electricity Board
- Indogreen Group - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
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- European Bulk Services B.V. - Netherlands
- ASAPP Information Group - India
- Kideco Jaya Agung - Indonesia
- Antam Resourcindo - Indonesia
- Sakthi Sugars Limited - India
- Posco Energy - South Korea
- India Bulls Power Limited - India
- TeaM Sual Corporation - Philippines
- PowerSource Philippines DevCo
- The University of Queensland
- Lanco Infratech Ltd - India
- Rio Tinto Coal - Australia
- Timah Investasi Mineral - Indoneisa
- New Zealand Coal & Carbon
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- Sindya Power Generating Company Private Ltd
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- Medco Energi Mining Internasional
- Standard Chartered Bank - UAE
- Gujarat Mineral Development Corp Ltd - India
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- AsiaOL BioFuels Corp., Philippines
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- Krishnapatnam Port Company Ltd. - India
- Vijayanagar Sugar Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Power Finance Corporation Ltd., India
- Eastern Energy - Thailand
- Siam City Cement PLC, Thailand
- Sojitz Corporation - Japan
- Ambuja Cements Ltd - India
- Price Waterhouse Coopers - Russia
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- Economic Council, Georgia
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- Tata Chemicals Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- GMR Energy Limited - India
- Iligan Light & Power Inc, Philippines
- Interocean Group of Companies - India
- Aboitiz Power Corporation - Philippines
- Thiess Contractors Indonesia
- Essar Steel Hazira Ltd - India
- Anglo American - United Kingdom
- London Commodity Brokers - England
- Singapore Mercantile Exchange
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- Kohat Cement Company Ltd. - Pakistan
- Makarim & Taira - Indonesia
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- Vedanta Resources Plc - India
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- Mercuria Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- PNOC Exploration Corporation - Philippines
- Larsen & Toubro Limited - India
- IEA Clean Coal Centre - UK
- Meenaskhi Energy Private Limited - India
- Borneo Indobara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Finance - Indonesia
- The Treasury - Australian Government
- Planning Commission, India
- Bulk Trading Sa - Switzerland
- Commonwealth Bank - Australia
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- ICICI Bank Limited - India
- Kalimantan Lumbung Energi - Indonesia
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- Australian Coal Association
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- Kapuas Tunggal Persada - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coal and Oil Company - UAE
- Goldman Sachs - Singapore
- The State Trading Corporation of India Ltd
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- Indika Energy - Indonesia
- Oldendorff Carriers - Singapore
- Banpu Public Company Limited - Thailand
- Vizag Seaport Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Karbindo Abesyapradhi - Indoneisa
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- Ministry of Mines - Canada
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- Energy Development Corp, Philippines
- Malabar Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Xindia Steels Limited - India
- Ministry of Transport, Egypt
- Parliament of New Zealand
- Sinarmas Energy and Mining - Indonesia
- SMG Consultants - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Savvy Resources Ltd - HongKong
- Mintek Dendrill Indonesia
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- CNBM International Corporation - China
- TNB Fuel Sdn Bhd - Malaysia
- South Luzon Thermal Energy Corporation
- Directorate General of MIneral and Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Kumho Petrochemical, South Korea
- McConnell Dowell - Australia
- Edison Trading Spa - Italy
- Thai Mozambique Logistica
- Therma Luzon, Inc, Philippines
- VISA Power Limited - India
- PTC India Limited - India
- Indian Energy Exchange, India
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- Eastern Coal Council - USA
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- Africa Commodities Group - South Africa
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- Georgia Ports Authority, United States
- Minerals Council of Australia
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- Uttam Galva Steels Limited - India
- Central Java Power - Indonesia
- Sree Jayajothi Cements Limited - India
- Billiton Holdings Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- White Energy Company Limited
- GAC Shipping (India) Pvt Ltd
- Binh Thuan Hamico - Vietnam
- Australian Commodity Traders Exchange
- Independent Power Producers Association of India
- Heidelberg Cement - Germany
- Central Electricity Authority - India
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