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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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- Directorate General of MIneral and Coal - Indonesia
- Bhatia International Limited - India
- Billiton Holdings Pty Ltd - Australia
- Chamber of Mines of South Africa
- Port Waratah Coal Services - Australia
- Uttam Galva Steels Limited - India
- Bukit Makmur.PT - Indonesia
- IEA Clean Coal Centre - UK
- Standard Chartered Bank - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Mineral Development Corp Ltd - India
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- Tamil Nadu electricity Board
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- Central Java Power - Indonesia
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- Electricity Authority, New Zealand
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- Maheswari Brothers Coal Limited - India
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- Altura Mining Limited, Indonesia
- Orica Australia Pty. Ltd.
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mjunction Services Limited - India
- Malabar Cements Ltd - India
- Sojitz Corporation - Japan
- Siam City Cement PLC, Thailand
- PowerSource Philippines DevCo
- Ministry of Mines - Canada
- Renaissance Capital - South Africa
- Ministry of Finance - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Jindal Steel & Power Ltd - India
- Kumho Petrochemical, South Korea
- Energy Link Ltd, New Zealand
- Eastern Energy - Thailand
- Energy Development Corp, Philippines
- SMC Global Power, Philippines
- Bharathi Cement Corporation - India
- Barasentosa Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bhoruka Overseas - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Rio Tinto Coal - Australia
- Africa Commodities Group - South Africa
- Vedanta Resources Plc - India
- Carbofer General Trading SA - India
- Rashtriya Ispat Nigam Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Cement Manufacturers Association - India
- Eastern Coal Council - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Global Coal Blending Company Limited - Australia
- Videocon Industries ltd - India
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- New Zealand Coal & Carbon
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- Orica Mining Services - Indonesia
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- Power Finance Corporation Ltd., India
- GMR Energy Limited - India
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- Cigading International Bulk Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- White Energy Company Limited
- Bhushan Steel Limited - India
- Kapuas Tunggal Persada - Indonesia
- Sical Logistics Limited - India
- Parry Sugars Refinery, India
- Merrill Lynch Commodities Europe
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sarangani Energy Corporation, Philippines
- Central Electricity Authority - India
- Electricity Generating Authority of Thailand
- Edison Trading Spa - Italy
- Sakthi Sugars Limited - India
- Anglo American - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- Georgia Ports Authority, United States
- Economic Council, Georgia
- Samtan Co., Ltd - South Korea
- GVK Power & Infra Limited - India
- Thai Mozambique Logistica
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- South Luzon Thermal Energy Corporation
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- Sree Jayajothi Cements Limited - India
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- India Bulls Power Limited - India
- PNOC Exploration Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Simpson Spence & Young - Indonesia
- Binh Thuan Hamico - Vietnam
- Tata Chemicals Ltd - India
- Posco Energy - South Korea
- Mintek Dendrill Indonesia
- Gujarat Electricity Regulatory Commission - India
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- Essar Steel Hazira Ltd - India
- Banpu Public Company Limited - Thailand
- London Commodity Brokers - England
- Petron Corporation, Philippines
- CNBM International Corporation - China
- OPG Power Generation Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Parliament of New Zealand
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- Thiess Contractors Indonesia
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- Coal and Oil Company - UAE
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- PTC India Limited - India
- Planning Commission, India
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- Indonesian Coal Mining Association
- Alfred C Toepfer International GmbH - Germany
- European Bulk Services B.V. - Netherlands
- Australian Commodity Traders Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Antam Resourcindo - Indonesia
- San Jose City I Power Corp, Philippines
- The State Trading Corporation of India Ltd
- Dalmia Cement Bharat India
- Sinarmas Energy and Mining - Indonesia
- Lanco Infratech Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Heidelberg Cement - Germany
- Marubeni Corporation - India
- VISA Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Intertek Mineral Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Metalloyd Limited - United Kingdom
- Indika Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Toyota Tsusho Corporation, Japan
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- Larsen & Toubro Limited - India
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- Wood Mackenzie - Singapore
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- Trasteel International SA, Italy
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- Romanian Commodities Exchange
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- Bangladesh Power Developement Board
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- Jaiprakash Power Ventures ltd
- Commonwealth Bank - Australia
- The University of Queensland
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- Australian Coal Association
- TNB Fuel Sdn Bhd - Malaysia
- Latin American Coal - Colombia
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- Baramulti Group, Indonesia
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- Interocean Group of Companies - India
- LBH Netherlands Bv - Netherlands
- ASAPP Information Group - India
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- Singapore Mercantile Exchange
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- The Treasury - Australian Government
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- Deloitte Consulting - India
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- Indian Energy Exchange, India
- Indian Oil Corporation Limited
- Minerals Council of Australia
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