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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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- Vijayanagar Sugar Pvt Ltd - India
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- Star Paper Mills Limited - India
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- Samtan Co., Ltd - South Korea
- Renaissance Capital - South Africa
- Chettinad Cement Corporation Ltd - India
- Australian Commodity Traders Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Australia Pty. Ltd.
- Ind-Barath Power Infra Limited - India
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- New Zealand Coal & Carbon
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- OPG Power Generation Pvt Ltd - India
- Sical Logistics Limited - India
- Vedanta Resources Plc - India
- Savvy Resources Ltd - HongKong
- Billiton Holdings Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Heidelberg Cement - Germany
- Wood Mackenzie - Singapore
- Parliament of New Zealand
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- Georgia Ports Authority, United States
- Coastal Gujarat Power Limited - India
- South Luzon Thermal Energy Corporation
- Energy Development Corp, Philippines
- London Commodity Brokers - England
- Rio Tinto Coal - Australia
- Minerals Council of Australia
- Siam City Cement - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- Bukit Makmur.PT - Indonesia
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- Meralco Power Generation, Philippines
- Indian Oil Corporation Limited
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- Planning Commission, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Authority, New Zealand
- Thiess Contractors Indonesia
- European Bulk Services B.V. - Netherlands
- Interocean Group of Companies - India
- Therma Luzon, Inc, Philippines
- Economic Council, Georgia
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- India Bulls Power Limited - India
- Central Java Power - Indonesia
- Ministry of Finance - Indonesia
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- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- GAC Shipping (India) Pvt Ltd
- Iligan Light & Power Inc, Philippines
- Baramulti Group, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Karbindo Abesyapradhi - Indoneisa
- Agrawal Coal Company - India
- Siam City Cement PLC, Thailand
- Semirara Mining Corp, Philippines
- Chamber of Mines of South Africa
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- Gujarat Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- Kepco SPC Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
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- Commonwealth Bank - Australia
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- Bahari Cakrawala Sebuku - Indonesia
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- Global Coal Blending Company Limited - Australia
- Aditya Birla Group - India
- Intertek Mineral Services - Indonesia
- Ministry of Transport, Egypt
- Ministry of Mines - Canada
- Mercator Lines Limited - India
- Madhucon Powers Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Indian Energy Exchange, India
- The University of Queensland
- Tata Chemicals Ltd - India
- Miang Besar Coal Terminal - Indonesia
- VISA Power Limited - India
- LBH Netherlands Bv - Netherlands
- Jaiprakash Power Ventures ltd
- Lanco Infratech Ltd - India
- IHS Mccloskey Coal Group - USA
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- Bhushan Steel Limited - India
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- GN Power Mariveles Coal Plant, Philippines
- IEA Clean Coal Centre - UK
- Banpu Public Company Limited - Thailand
- Ceylon Electricity Board - Sri Lanka
- ASAPP Information Group - India
- PTC India Limited - India
- Barasentosa Lestari - Indonesia
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- Trasteel International SA, Italy
- White Energy Company Limited
- Simpson Spence & Young - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Manunggal Multi Energi - Indonesia
- Coal and Oil Company - UAE
- Wilmar Investment Holdings
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- TNB Fuel Sdn Bhd - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Australian Coal Association
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- Directorate Of Revenue Intelligence - India
- Asmin Koalindo Tuhup - Indonesia
- Orica Mining Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
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- SN Aboitiz Power Inc, Philippines
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- Sarangani Energy Corporation, Philippines
- Sakthi Sugars Limited - India
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- Uttam Galva Steels Limited - India
- Attock Cement Pakistan Limited
- Standard Chartered Bank - UAE
- Sree Jayajothi Cements Limited - India
- Mjunction Services Limited - India
- Price Waterhouse Coopers - Russia
- Parry Sugars Refinery, India
- Mintek Dendrill Indonesia
- SMC Global Power, Philippines
- Indonesian Coal Mining Association
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- Cigading International Bulk Terminal - Indonesia
- Independent Power Producers Association of India
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- Eastern Coal Council - USA
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- Edison Trading Spa - Italy
- The Treasury - Australian Government
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- Binh Thuan Hamico - Vietnam
- Formosa Plastics Group - Taiwan
- ICICI Bank Limited - India
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