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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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- Bhushan Steel Limited - India
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- Alfred C Toepfer International GmbH - Germany
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- SN Aboitiz Power Inc, Philippines
- Medco Energi Mining Internasional
- Straits Asia Resources Limited - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Tata Chemicals Ltd - India
- Siam City Cement - Thailand
- Global Green Power PLC Corporation, Philippines
- Meralco Power Generation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Orica Mining Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- PowerSource Philippines DevCo
- AsiaOL BioFuels Corp., Philippines
- Grasim Industreis Ltd - India
- Directorate Of Revenue Intelligence - India
- Banpu Public Company Limited - Thailand
- Price Waterhouse Coopers - Russia
- The University of Queensland
- Anglo American - United Kingdom
- Marubeni Corporation - India
- Merrill Lynch Commodities Europe
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- Mintek Dendrill Indonesia
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- Eastern Coal Council - USA
- Chettinad Cement Corporation Ltd - India
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- Toyota Tsusho Corporation, Japan
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- Africa Commodities Group - South Africa
- Parliament of New Zealand
- Maheswari Brothers Coal Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Agrawal Coal Company - India
- Uttam Galva Steels Limited - India
- Indian Energy Exchange, India
- Holcim Trading Pte Ltd - Singapore
- Videocon Industries ltd - India
- Borneo Indobara - Indonesia
- London Commodity Brokers - England
- Miang Besar Coal Terminal - Indonesia
- Aditya Birla Group - India
- Kumho Petrochemical, South Korea
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- New Zealand Coal & Carbon
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- Kobexindo Tractors - Indoneisa
- Leighton Contractors Pty Ltd - Australia
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- Bukit Makmur.PT - Indonesia
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- Krishnapatnam Port Company Ltd. - India
- Global Business Power Corporation, Philippines
- Commonwealth Bank - Australia
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- European Bulk Services B.V. - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Salva Resources Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- MS Steel International - UAE
- Sojitz Corporation - Japan
- Power Finance Corporation Ltd., India
- Jindal Steel & Power Ltd - India
- IHS Mccloskey Coal Group - USA
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- Coastal Gujarat Power Limited - India
- Singapore Mercantile Exchange
- Coal and Oil Company - UAE
- Neyveli Lignite Corporation Ltd, - India
- Port Waratah Coal Services - Australia
- Eastern Energy - Thailand
- Dalmia Cement Bharat India
- Orica Australia Pty. Ltd.
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Wilmar Investment Holdings
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- Heidelberg Cement - Germany
- Kaltim Prima Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMG Consultants - Indonesia
- The Treasury - Australian Government
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- GAC Shipping (India) Pvt Ltd
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- Cement Manufacturers Association - India
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- Electricity Authority, New Zealand
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- Sarangani Energy Corporation, Philippines
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- Gujarat Electricity Regulatory Commission - India
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- Ambuja Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Billiton Holdings Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Mjunction Services Limited - India
- Global Coal Blending Company Limited - Australia
- Trasteel International SA, Italy
- SMC Global Power, Philippines
- Standard Chartered Bank - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Rio Tinto Coal - Australia
- Petron Corporation, Philippines
- ASAPP Information Group - India
- GVK Power & Infra Limited - India
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- Chamber of Mines of South Africa
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- Edison Trading Spa - Italy
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- IEA Clean Coal Centre - UK
- Timah Investasi Mineral - Indoneisa
- Parry Sugars Refinery, India
- Antam Resourcindo - Indonesia
- Therma Luzon, Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Ministry of Mines - Canada
- Renaissance Capital - South Africa
- Simpson Spence & Young - Indonesia
- Intertek Mineral Services - Indonesia
- Electricity Generating Authority of Thailand
- Sindya Power Generating Company Private Ltd
- Indonesian Coal Mining Association
- Xindia Steels Limited - India
- Bharathi Cement Corporation - India
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- The State Trading Corporation of India Ltd
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- Wood Mackenzie - Singapore
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- McConnell Dowell - Australia
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- Australian Commodity Traders Exchange
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- Energy Development Corp, Philippines
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- Georgia Ports Authority, United States
- Economic Council, Georgia
- Jorong Barutama Greston.PT - Indonesia
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