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Thursday, 23 July 09
INDONESIA COAL-PRICES CLIMB TO $80, INDIAN DEMAND SLOWS
Reuters reported that, prices of power-station coal in Australia, a benchmark for Asia, jumped to nearly $80 a tonne this week, while Indonesian producers turned to local buyers amid slow overseas demand, particularly from Indian buyers, traders said. Thermal coal prices on the globalCOAL Newcastle weekly index rose $3.41 to $78.87 a tonne, from $75.46 a tonne in previous week, on firm spot demand from South Korea and expectations of lower supply from Australia.
Despite the rising Newcastle index, spot prices for Indonesian bituminous coal were softer as Indian buyers preferred to buy South African coal to take advantage of falling freight rates and cheaper prices.
Indonesian bituminous coal of 6,300 kcal/kg air-dried basis was offered at around $57 a tonne, FOB mother vessel, compared with $60 a tonne early this month.
"For bituminous coal, only South African coal is moving to India, mostly for steel and cement factories," an Indian trader said.
Chinese and South Korean buyers were in the market for Indonesian high-quality coal, providing support, but China was not as aggressive as previous months due to growing local supply grew, another regional trader said.
Plans by Australia Newcastle port, the world's top coal export terminal, to slash export quotas for all producers by 1 million tonnes for the rest of third quarter, have not prompted more enquiries for Indonesian coal, traders said.
A 25,000-tonne parcel of Australian coal was traded at $77 a tonne on Monday for delivery in October while another 25,000 tonne for delivery in August was traded at $80.50 a tonne on Tuesday.
* INDONESIA SUB-BITUMINOUS COAL
Fresh domestic demand from textile and cement factories in Java offered support for Indonesian sub-bituminous as Indian demand slowed.
Indonesian sub-bituminous coal of 5,500 kcal/kg ADB was around $34-$35 a tonne, FOB mother vessel from Kalimantan.
"We haven't received fresh inquiries from Indian buyers but many local buyers asked for an increase in volumes from their existing contracts," an Indonesian trader said.
Aside from local buyers, there were some Chinese buyers that sought to extend spot purchase contracts, the trader said.
Despite lower coal stock levels at power plants, India had slowed buying of Indonesian low-quality coal as traders waited for government tenders and the monsoon disrupted shipments.
"Power plants are in a wait-and-see mode. There are a lot of contracts that need to be renewed," the Indian trader said, adding that traders were waiting for India's government to finalise tenders.
India has said coal stocks with power plans in India halved from normal levels to 11 million tonnes at July 6, with many thermal plants facing uncomfortable supply positions.
India's state-run MMTC which buys coal on behalf of state utilities has said it may re-issue a tender for 12.5 million tonnes of thermal coal after a complaint from a trader.
"Wet weather is also very bad. There are a lot of vessels queueing at discharge ports. So everybody is just waiting," the Indian trader said.
Source: Reuters
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Thursday, 23 July 09
COAL IMPORTS SURGE; EXPORTS DOWN IN H1
China Trade Information reported that, China’s coal imports surged by 126.3 percent year-on-year in the first half of 2009, reaching 48.3 mill ...
Thursday, 23 July 09
SRI LANKA CALLS FOR COAL SUPPLY BIDS
Daily Mirro reported that, In a move to install the country’s first coal power plant, Sri Lanka has invited bids to supply 2.4 million metric ...
Thursday, 23 July 09
POWER INVESTORS TURN BACKS ON VIETNAMESE COAL IMPORTERS
VietNamNet Bridge reported that, Investors of power plants always seek foreign coal sources to import themselves, believing they can come by it chea ...
Wednesday, 22 July 09
BERAU COAL DRAWS LOCAL, CHINESE BIDS - SOURCES
* Indonesian coal firm draws local, Chinese bids-sources
* Deal could value Berau at more than $1 billion-sources
Reuters reported that, China' ...
Wednesday, 22 July 09
ONE TENDERS FOR 114,000 MT FOR NOV-JAN
Moroccan state-owned power utility Office National de l’Electricité (ONE) has launched a tender for three handymax shipments of coal fo ...
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- GN Power Mariveles Coal Plant, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Globalindo Alam Lestari - Indonesia
- Port Waratah Coal Services - Australia
- Marubeni Corporation - India
- Electricity Authority, New Zealand
- Timah Investasi Mineral - Indoneisa
- Semirara Mining Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Savvy Resources Ltd - HongKong
- Dalmia Cement Bharat India
- Baramulti Group, Indonesia
- Pendopo Energi Batubara - Indonesia
- Interocean Group of Companies - India
- Directorate General of MIneral and Coal - Indonesia
- Goldman Sachs - Singapore
- Alfred C Toepfer International GmbH - Germany
- Indonesian Coal Mining Association
- Bayan Resources Tbk. - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Anglo American - United Kingdom
- Manunggal Multi Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- International Coal Ventures Pvt Ltd - India
- Economic Council, Georgia
- Sical Logistics Limited - India
- Siam City Cement - Thailand
- Commonwealth Bank - Australia
- Cement Manufacturers Association - India
- Karbindo Abesyapradhi - Indoneisa
- Minerals Council of Australia
- Tamil Nadu electricity Board
- Kobexindo Tractors - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Coal Council - USA
- Chettinad Cement Corporation Ltd - India
- The University of Queensland
- MS Steel International - UAE
- Barasentosa Lestari - Indonesia
- CNBM International Corporation - China
- Therma Luzon, Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Larsen & Toubro Limited - India
- Eastern Energy - Thailand
- Simpson Spence & Young - Indonesia
- Malabar Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Petrochimia International Co. Ltd.- Taiwan
- Bharathi Cement Corporation - India
- Mercuria Energy - Indonesia
- Electricity Generating Authority of Thailand
- Straits Asia Resources Limited - Singapore
- IEA Clean Coal Centre - UK
- Leighton Contractors Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Intertek Mineral Services - Indonesia
- Bangladesh Power Developement Board
- ASAPP Information Group - India
- GVK Power & Infra Limited - India
- Africa Commodities Group - South Africa
- Directorate Of Revenue Intelligence - India
- Makarim & Taira - Indonesia
- Thai Mozambique Logistica
- Jindal Steel & Power Ltd - India
- Xindia Steels Limited - India
- Karaikal Port Pvt Ltd - India
- Chamber of Mines of South Africa
- India Bulls Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Singapore Mercantile Exchange
- European Bulk Services B.V. - Netherlands
- Indian Energy Exchange, India
- CIMB Investment Bank - Malaysia
- Uttam Galva Steels Limited - India
- Trasteel International SA, Italy
- Attock Cement Pakistan Limited
- Mintek Dendrill Indonesia
- Parry Sugars Refinery, India
- Kaltim Prima Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- GMR Energy Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Deloitte Consulting - India
- Kumho Petrochemical, South Korea
- Wood Mackenzie - Singapore
- Bhushan Steel Limited - India
- Rashtriya Ispat Nigam Limited - India
- AsiaOL BioFuels Corp., Philippines
- Formosa Plastics Group - Taiwan
- Planning Commission, India
- Carbofer General Trading SA - India
- PNOC Exploration Corporation - Philippines
- Energy Development Corp, Philippines
- Bhatia International Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Riau Bara Harum - Indonesia
- Australian Coal Association
- Merrill Lynch Commodities Europe
- Edison Trading Spa - Italy
- Kapuas Tunggal Persada - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Star Paper Mills Limited - India
- Coalindo Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Antam Resourcindo - Indonesia
- Heidelberg Cement - Germany
- Parliament of New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Medco Energi Mining Internasional
- Indo Tambangraya Megah - Indonesia
- Essar Steel Hazira Ltd - India
- Bhoruka Overseas - Indonesia
- Metalloyd Limited - United Kingdom
- Aditya Birla Group - India
- Mercator Lines Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Global Business Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Madhucon Powers Ltd - India
- Gujarat Sidhee Cement - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMC Global Power, Philippines
- Ceylon Electricity Board - Sri Lanka
- South Luzon Thermal Energy Corporation
- Posco Energy - South Korea
- VISA Power Limited - India
- Wilmar Investment Holdings
- Aboitiz Power Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Central Java Power - Indonesia
- Salva Resources Pvt Ltd - India
- Latin American Coal - Colombia
- Oldendorff Carriers - Singapore
- Orica Mining Services - Indonesia
- Georgia Ports Authority, United States
- Renaissance Capital - South Africa
- Miang Besar Coal Terminal - Indonesia
- Thiess Contractors Indonesia
- Independent Power Producers Association of India
- Sakthi Sugars Limited - India
- Sree Jayajothi Cements Limited - India
- Toyota Tsusho Corporation, Japan
- Petron Corporation, Philippines
- SMG Consultants - Indonesia
- Ambuja Cements Ltd - India
- Videocon Industries ltd - India
- White Energy Company Limited
- Bukit Baiduri Energy - Indonesia
- Indian Oil Corporation Limited
- Agrawal Coal Company - India
- Meralco Power Generation, Philippines
- TeaM Sual Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Bahari Cakrawala Sebuku - Indonesia
- Kartika Selabumi Mining - Indonesia
- Indika Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Coal and Oil Company - UAE
- ICICI Bank Limited - India
- Ministry of Mines - Canada
- Maheswari Brothers Coal Limited - India
- Standard Chartered Bank - UAE
- Sojitz Corporation - Japan
- The State Trading Corporation of India Ltd
- Australian Commodity Traders Exchange
- Orica Australia Pty. Ltd.
- LBH Netherlands Bv - Netherlands
- Price Waterhouse Coopers - Russia
- Ind-Barath Power Infra Limited - India
- PTC India Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Sindya Power Generating Company Private Ltd
- Central Electricity Authority - India
- Samtan Co., Ltd - South Korea
- Global Green Power PLC Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- IHS Mccloskey Coal Group - USA
- Borneo Indobara - Indonesia
- Grasim Industreis Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- SN Aboitiz Power Inc, Philippines
- Romanian Commodities Exchange
- Kideco Jaya Agung - Indonesia
- Energy Link Ltd, New Zealand
- San Jose City I Power Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement PLC, Thailand
- Bukit Makmur.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- Coastal Gujarat Power Limited - India
- Ministry of Transport, Egypt
- New Zealand Coal & Carbon
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Vedanta Resources Plc - India
- Jaiprakash Power Ventures ltd
- Mjunction Services Limited - India
- Vizag Seaport Private Limited - India
- Ministry of Finance - Indonesia
- Holcim Trading Pte Ltd - Singapore
- McConnell Dowell - Australia
- Sarangani Energy Corporation, Philippines
- Indogreen Group - Indonesia
- The Treasury - Australian Government
- London Commodity Brokers - England
- GAC Shipping (India) Pvt Ltd
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