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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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Saturday, 12 September 09
INDONESIAN CO KEEN ON TRADING COAL FOR EQUITY IN POWER PROJECTS
Though most large power project promoters have their own mines in Indonesia, MEC is confident of convincing Indian companies as its price is quite a ...
Saturday, 12 September 09
$1.5B KALIMANTAN COAL RAIL TENDER EXPECTED BY YEAR-END
The Jakarta Globe reported that, In the second announcement on major coal-railway projects in as many days, Central Kalimantan’s top official ...
Friday, 11 September 09
INDONESIA COAL-PRICES AT $66, SUPPLIERS OFFER AT BARGAIN PRICES
Some Indonesian producers were rushing to sell coal at bargain prices to ease excess stocks and catch shipments before the Muslim Eid Al-Fitr festiv ...
Friday, 11 September 09
ALPHA NATURAL EXPECTS HIGHER MET, STEAM COAL PRICES IN 2010
Mining Weekly reported that, There are encouraging signs that metallurgical coal demand in most key global markets is either returning or poised to ...
Friday, 11 September 09
POWER SECTOR'S DEPENDENCE ON COAL TO CONTINUE
The power sector will continue to be largely dependant on coal-based thermal power plants to meet its energy needs for the next 15-20 years, Power S ...
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- Banpu Public Company Limited - Thailand
- Edison Trading Spa - Italy
- Altura Mining Limited, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- White Energy Company Limited
- Energy Link Ltd, New Zealand
- Agrawal Coal Company - India
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- Iligan Light & Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Siam City Cement PLC, Thailand
- CNBM International Corporation - China
- Marubeni Corporation - India
- Borneo Indobara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Semirara Mining Corp, Philippines
- Intertek Mineral Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Maharashtra Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Grasim Industreis Ltd - India
- Price Waterhouse Coopers - Russia
- Wilmar Investment Holdings
- VISA Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Kohat Cement Company Ltd. - Pakistan
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- Mercator Lines Limited - India
- Central Java Power - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Indika Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- The State Trading Corporation of India Ltd
- Posco Energy - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Savvy Resources Ltd - HongKong
- Sical Logistics Limited - India
- Trasteel International SA, Italy
- Ind-Barath Power Infra Limited - India
- Coal and Oil Company - UAE
- Bhoruka Overseas - Indonesia
- Star Paper Mills Limited - India
- New Zealand Coal & Carbon
- Kumho Petrochemical, South Korea
- Vedanta Resources Plc - India
- Antam Resourcindo - Indonesia
- Riau Bara Harum - Indonesia
- Formosa Plastics Group - Taiwan
- Timah Investasi Mineral - Indoneisa
- IHS Mccloskey Coal Group - USA
- Meralco Power Generation, Philippines
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- Africa Commodities Group - South Africa
- South Luzon Thermal Energy Corporation
- TeaM Sual Corporation - Philippines
- Orica Mining Services - Indonesia
- Samtan Co., Ltd - South Korea
- Deloitte Consulting - India
- Directorate General of MIneral and Coal - Indonesia
- ICICI Bank Limited - India
- Kideco Jaya Agung - Indonesia
- Maheswari Brothers Coal Limited - India
- Commonwealth Bank - Australia
- Makarim & Taira - Indonesia
- Indonesian Coal Mining Association
- Ceylon Electricity Board - Sri Lanka
- Ministry of Finance - Indonesia
- ASAPP Information Group - India
- Eastern Coal Council - USA
- Global Business Power Corporation, Philippines
- Georgia Ports Authority, United States
- Metalloyd Limited - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- GVK Power & Infra Limited - India
- Sindya Power Generating Company Private Ltd
- The Treasury - Australian Government
- Videocon Industries ltd - India
- Barasentosa Lestari - Indonesia
- PTC India Limited - India
- India Bulls Power Limited - India
- Sarangani Energy Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Ambuja Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- San Jose City I Power Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Dalmia Cement Bharat India
- Meenaskhi Energy Private Limited - India
- Orica Australia Pty. Ltd.
- Oldendorff Carriers - Singapore
- Australian Commodity Traders Exchange
- Kaltim Prima Coal - Indonesia
- The University of Queensland
- Sree Jayajothi Cements Limited - India
- Australian Coal Association
- Aditya Birla Group - India
- Mercuria Energy - Indonesia
- Energy Development Corp, Philippines
- Sojitz Corporation - Japan
- SMC Global Power, Philippines
- Kapuas Tunggal Persada - Indonesia
- Singapore Mercantile Exchange
- Goldman Sachs - Singapore
- Medco Energi Mining Internasional
- Vizag Seaport Private Limited - India
- Independent Power Producers Association of India
- Bukit Asam (Persero) Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- MS Steel International - UAE
- CIMB Investment Bank - Malaysia
- Madhucon Powers Ltd - India
- Tamil Nadu electricity Board
- Petron Corporation, Philippines
- Renaissance Capital - South Africa
- Therma Luzon, Inc, Philippines
- Rio Tinto Coal - Australia
- Carbofer General Trading SA - India
- Jorong Barutama Greston.PT - Indonesia
- Sakthi Sugars Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Romanian Commodities Exchange
- Indogreen Group - Indonesia
- Interocean Group of Companies - India
- Kobexindo Tractors - Indoneisa
- Ministry of Mines - Canada
- Bulk Trading Sa - Switzerland
- AsiaOL BioFuels Corp., Philippines
- Kartika Selabumi Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bharathi Cement Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Binh Thuan Hamico - Vietnam
- Global Coal Blending Company Limited - Australia
- Malabar Cements Ltd - India
- Bhushan Steel Limited - India
- Parry Sugars Refinery, India
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Transport, Egypt
- Baramulti Group, Indonesia
- Minerals Council of Australia
- Lanco Infratech Ltd - India
- London Commodity Brokers - England
- GN Power Mariveles Coal Plant, Philippines
- Global Green Power PLC Corporation, Philippines
- Port Waratah Coal Services - Australia
- Merrill Lynch Commodities Europe
- International Coal Ventures Pvt Ltd - India
- Siam City Cement - Thailand
- Thai Mozambique Logistica
- Pipit Mutiara Jaya. PT, Indonesia
- Economic Council, Georgia
- Coastal Gujarat Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Wood Mackenzie - Singapore
- PowerSource Philippines DevCo
- Electricity Authority, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- IEA Clean Coal Centre - UK
- Attock Cement Pakistan Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aboitiz Power Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Larsen & Toubro Limited - India
- Bangladesh Power Developement Board
- Eastern Energy - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Tata Chemicals Ltd - India
- Alfred C Toepfer International GmbH - Germany
- McConnell Dowell - Australia
- Bhatia International Limited - India
- SMG Consultants - Indonesia
- Chamber of Mines of South Africa
- Jindal Steel & Power Ltd - India
- Bukit Baiduri Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- Indian Energy Exchange, India
- Power Finance Corporation Ltd., India
- Bahari Cakrawala Sebuku - Indonesia
- GAC Shipping (India) Pvt Ltd
- Indo Tambangraya Megah - Indonesia
- Simpson Spence & Young - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Anglo American - United Kingdom
- Parliament of New Zealand
- Mintek Dendrill Indonesia
- European Bulk Services B.V. - Netherlands
- Bayan Resources Tbk. - Indonesia
- Kepco SPC Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Coalindo Energy - Indonesia
- Standard Chartered Bank - UAE
- OPG Power Generation Pvt Ltd - India
- GMR Energy Limited - India
- Uttam Galva Steels Limited - India
- Cement Manufacturers Association - India
- Indian Oil Corporation Limited
- Planning Commission, India
- Sinarmas Energy and Mining - Indonesia
- Salva Resources Pvt Ltd - India
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