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Wednesday, 16 September 09
NAPOCOR GETS 3 OFFERS IN COAL TENDER
ABS-CBN news reported that, The Philippines' state-run National Power Corp. (Napocor) said on Wednesday it received offers from 3 Indonesian firms to supply 130,000 tons of coal for its Pagbilao plant station on the main Luzon island.
The tender was for two lots of 65,000 tons each with gross calorific value of 6,100-6,700 kcal/kg, for delivery between December 27 and January 26.
PT Tanito Harum and PT Arutmin both gave a bid of $76.04 per ton, on a cost and freight basis, for each of the 2 lots, while PT Trubaindo offered to supply the first lot at $72.63 a ton and the second lot at $74.63 a ton, C&F.
Napocor has set a budget of $77.04 a ton, including cost and freight.
Napocor has so far awarded more than 1.5 million tons in coal supply contracts this year to Indonesian firms.
That is less than half of the nearly 3.5 million tons it plans to import for 2009 following several failed tenders, with many prospective suppliers turned off by the low budget.
Prices of power-station coal from Australia, a benchmark for Asia, fell $1 last week to $66.13 a ton, the lowest in about 3-� months, as the market remains awash with Indonesian coal amid a period of seasonal low demand.
Source: ABS CBN
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Wednesday, 09 September 09
CHINESE INTEREST IN AUSTRALIA COAL TICKS UP AS PRICES FALL
After a lull of about two months, Australian thermal coal producers are now seeing renewed interest from Chinese buyers for spot cargoes in the four ...
Wednesday, 09 September 09
SALES FORECAST UP ON BETTER DISTRIBUTION
The Jakarta Post reported that, State coal producer PT Tambang Batubara Bukit Asam (PT BA) expects coal sales to rise by 11 percent next year as it ...
Wednesday, 09 September 09
NTPC HIRES MACQUARIE TO ADVISE INDONESIA COAL MINE PURCHASE
Bloomberg reported that, NTPC Ltd., Asia’s biggest power utility by value, has hired Macquarie Group Ltd. to evaluate a proposed coal mine pur ...
Tuesday, 08 September 09
SOUTH AFRICAN COAL FALLS MOST IN 11 WEEKS ON EXCESSIVE PRICES
Bloomberg reported that, Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the f ...
Tuesday, 08 September 09
INDIA MAY HAVE A JOINT WORKING GROUP FOR COAL WITH INDONESIA: SRIPRAKASH JAISWAL - PRESS RELEASE
Press Information Bureau of India reported in its web site that, The Coal Ministry has, in principle, agreed to set up a Joint Working Group for coa ...
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- Economic Council, Georgia
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- Indian Energy Exchange, India
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- Australian Commodity Traders Exchange
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- Minerals Council of Australia
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