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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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- Wood Mackenzie - Singapore
- Mercuria Energy - Indonesia
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- Antam Resourcindo - Indonesia
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- Energy Link Ltd, New Zealand
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- The State Trading Corporation of India Ltd
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- Electricity Authority, New Zealand
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- Ministry of Finance - Indonesia
- Parry Sugars Refinery, India
- Jindal Steel & Power Ltd - India
- Heidelberg Cement - Germany
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- Kohat Cement Company Ltd. - Pakistan
- Ministry of Mines - Canada
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Sical Logistics Limited - India
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- Minerals Council of Australia
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- Meralco Power Generation, Philippines
- Attock Cement Pakistan Limited
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- The Treasury - Australian Government
- Indian Oil Corporation Limited
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- Mintek Dendrill Indonesia
- Globalindo Alam Lestari - Indonesia
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- GAC Shipping (India) Pvt Ltd
- Power Finance Corporation Ltd., India
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- Energy Development Corp, Philippines
- Bangladesh Power Developement Board
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- Maheswari Brothers Coal Limited - India
- India Bulls Power Limited - India
- Global Coal Blending Company Limited - Australia
- Directorate General of MIneral and Coal - Indonesia
- Chamber of Mines of South Africa
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- AsiaOL BioFuels Corp., Philippines
- Jorong Barutama Greston.PT - Indonesia
- Riau Bara Harum - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Economic Council, Georgia
- Bhatia International Limited - India
- New Zealand Coal & Carbon
- PowerSource Philippines DevCo
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- Metalloyd Limited - United Kingdom
- Videocon Industries ltd - India
- Thiess Contractors Indonesia
- Deloitte Consulting - India
- Posco Energy - South Korea
- Rio Tinto Coal - Australia
- Bukit Baiduri Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Africa Commodities Group - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tamil Nadu electricity Board
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- Jaiprakash Power Ventures ltd
- Star Paper Mills Limited - India
- Maharashtra Electricity Regulatory Commission - India
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- Kapuas Tunggal Persada - Indonesia
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- PTC India Limited - India
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- Indika Energy - Indonesia
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- Goldman Sachs - Singapore
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- White Energy Company Limited
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- Bayan Resources Tbk. - Indonesia
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- Holcim Trading Pte Ltd - Singapore
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- Siam City Cement PLC, Thailand
- Gujarat Mineral Development Corp Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IHS Mccloskey Coal Group - USA
- Singapore Mercantile Exchange
- SN Aboitiz Power Inc, Philippines
- Eastern Energy - Thailand
- McConnell Dowell - Australia
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- SMC Global Power, Philippines
- Tata Chemicals Ltd - India
- Indian Energy Exchange, India
- Mercator Lines Limited - India
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- Aboitiz Power Corporation - Philippines
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- IEA Clean Coal Centre - UK
- Latin American Coal - Colombia
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- Essar Steel Hazira Ltd - India
- Sarangani Energy Corporation, Philippines
- Commonwealth Bank - Australia
- Coal and Oil Company - UAE
- Neyveli Lignite Corporation Ltd, - India
- PetroVietnam Power Coal Import and Supply Company
- Marubeni Corporation - India
- London Commodity Brokers - England
- Sojitz Corporation - Japan
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- European Bulk Services B.V. - Netherlands
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- Directorate Of Revenue Intelligence - India
- Georgia Ports Authority, United States
- Bulk Trading Sa - Switzerland
- The University of Queensland
- Cement Manufacturers Association - India
- Port Waratah Coal Services - Australia
- Ministry of Transport, Egypt
- Indonesian Coal Mining Association
- CIMB Investment Bank - Malaysia
- Straits Asia Resources Limited - Singapore
- Intertek Mineral Services - Indonesia
- Borneo Indobara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- SMG Consultants - Indonesia
- Kobexindo Tractors - Indoneisa
- Central Java Power - Indonesia
- GVK Power & Infra Limited - India
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- Parliament of New Zealand
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- Indogreen Group - Indonesia
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- International Coal Ventures Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Electricity Generating Authority of Thailand
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