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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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- Grasim Industreis Ltd - India
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- Australian Coal Association
- Indo Tambangraya Megah - Indonesia
- Sical Logistics Limited - India
- Trasteel International SA, Italy
- Ministry of Transport, Egypt
- Sindya Power Generating Company Private Ltd
- Parliament of New Zealand
- Binh Thuan Hamico - Vietnam
- Parry Sugars Refinery, India
- Antam Resourcindo - Indonesia
- Kideco Jaya Agung - Indonesia
- Independent Power Producers Association of India
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- Indonesian Coal Mining Association
- Leighton Contractors Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Bukit Makmur.PT - Indonesia
- MS Steel International - UAE
- CNBM International Corporation - China
- Standard Chartered Bank - UAE
- Eastern Coal Council - USA
- Indika Energy - Indonesia
- Indogreen Group - Indonesia
- Power Finance Corporation Ltd., India
- Petron Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Coal and Oil Company - UAE
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- The University of Queensland
- Thai Mozambique Logistica
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- Minerals Council of Australia
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- Bayan Resources Tbk. - Indonesia
- Electricity Authority, New Zealand
- Mintek Dendrill Indonesia
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- GMR Energy Limited - India
- Marubeni Corporation - India
- SN Aboitiz Power Inc, Philippines
- Georgia Ports Authority, United States
- Carbofer General Trading SA - India
- CIMB Investment Bank - Malaysia
- LBH Netherlands Bv - Netherlands
- Orica Australia Pty. Ltd.
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- Africa Commodities Group - South Africa
- Therma Luzon, Inc, Philippines
- Agrawal Coal Company - India
- GVK Power & Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Indian Energy Exchange, India
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- Energy Development Corp, Philippines
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- Siam City Cement PLC, Thailand
- Aditya Birla Group - India
- Bulk Trading Sa - Switzerland
- Larsen & Toubro Limited - India
- Sree Jayajothi Cements Limited - India
- Deloitte Consulting - India
- Mercuria Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Planning Commission, India
- Essar Steel Hazira Ltd - India
- Renaissance Capital - South Africa
- Electricity Generating Authority of Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- The Treasury - Australian Government
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- Energy Link Ltd, New Zealand
- European Bulk Services B.V. - Netherlands
- Madhucon Powers Ltd - India
- IHS Mccloskey Coal Group - USA
- Semirara Mining Corp, Philippines
- White Energy Company Limited
- McConnell Dowell - Australia
- Sakthi Sugars Limited - India
- Formosa Plastics Group - Taiwan
- Latin American Coal - Colombia
- Cigading International Bulk Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Malabar Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ceylon Electricity Board - Sri Lanka
- Australian Commodity Traders Exchange
- Edison Trading Spa - Italy
- Pipit Mutiara Jaya. PT, Indonesia
- Singapore Mercantile Exchange
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- Directorate General of MIneral and Coal - Indonesia
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- Xindia Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Simpson Spence & Young - Indonesia
- ASAPP Information Group - India
- Mjunction Services Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Chamber of Mines of South Africa
- Jorong Barutama Greston.PT - Indonesia
- Romanian Commodities Exchange
- ICICI Bank Limited - India
- Star Paper Mills Limited - India
- Meralco Power Generation, Philippines
- Krishnapatnam Port Company Ltd. - India
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- London Commodity Brokers - England
- Metalloyd Limited - United Kingdom
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- Jaiprakash Power Ventures ltd
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- GAC Shipping (India) Pvt Ltd
- Price Waterhouse Coopers - Russia
- Coalindo Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Kapuas Tunggal Persada - Indonesia
- Mercator Lines Limited - India
- Kepco SPC Power Corporation, Philippines
- Medco Energi Mining Internasional
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- New Zealand Coal & Carbon
- Alfred C Toepfer International GmbH - Germany
- Sinarmas Energy and Mining - Indonesia
- Goldman Sachs - Singapore
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- Merrill Lynch Commodities Europe
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- PTC India Limited - India
- Interocean Group of Companies - India
- Sarangani Energy Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Eastern Energy - Thailand
- Ministry of Mines - Canada
- Vedanta Resources Plc - India
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- Thiess Contractors Indonesia
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- Ind-Barath Power Infra Limited - India
- Economic Council, Georgia
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- Kobexindo Tractors - Indoneisa
- Kumho Petrochemical, South Korea
- Global Coal Blending Company Limited - Australia
- Central Electricity Authority - India
- Wilmar Investment Holdings
- Samtan Co., Ltd - South Korea
- Central Java Power - Indonesia
- The State Trading Corporation of India Ltd
- Toyota Tsusho Corporation, Japan
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- Indian Oil Corporation Limited
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- Makarim & Taira - Indonesia
- Bhushan Steel Limited - India
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- India Bulls Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
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- IEA Clean Coal Centre - UK
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