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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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- Kideco Jaya Agung - Indonesia
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- Borneo Indobara - Indonesia
- Standard Chartered Bank - UAE
- TeaM Sual Corporation - Philippines
- Ministry of Mines - Canada
- Posco Energy - South Korea
- Wood Mackenzie - Singapore
- Interocean Group of Companies - India
- Eastern Coal Council - USA
- Agrawal Coal Company - India
- Deloitte Consulting - India
- Georgia Ports Authority, United States
- Kapuas Tunggal Persada - Indonesia
- MS Steel International - UAE
- Toyota Tsusho Corporation, Japan
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- Iligan Light & Power Inc, Philippines
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- Globalindo Alam Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement - Thailand
- ASAPP Information Group - India
- IHS Mccloskey Coal Group - USA
- Ministry of Transport, Egypt
- Indian Oil Corporation Limited
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- Bahari Cakrawala Sebuku - Indonesia
- Australian Commodity Traders Exchange
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- Romanian Commodities Exchange
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- Meenaskhi Energy Private Limited - India
- Cement Manufacturers Association - India
- Global Coal Blending Company Limited - Australia
- Metalloyd Limited - United Kingdom
- Sical Logistics Limited - India
- Lanco Infratech Ltd - India
- Power Finance Corporation Ltd., India
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- Meralco Power Generation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- VISA Power Limited - India
- IEA Clean Coal Centre - UK
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- Tamil Nadu electricity Board
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- Rio Tinto Coal - Australia
- Parliament of New Zealand
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- Salva Resources Pvt Ltd - India
- Trasteel International SA, Italy
- Energy Link Ltd, New Zealand
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- Oldendorff Carriers - Singapore
- Semirara Mining and Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Chamber of Mines of South Africa
- Binh Thuan Hamico - Vietnam
- Global Business Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- CNBM International Corporation - China
- Medco Energi Mining Internasional
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- Coastal Gujarat Power Limited - India
- India Bulls Power Limited - India
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- Mercator Lines Limited - India
- Aboitiz Power Corporation - Philippines
- Goldman Sachs - Singapore
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- Vedanta Resources Plc - India
- European Bulk Services B.V. - Netherlands
- Kumho Petrochemical, South Korea
- Independent Power Producers Association of India
- Wilmar Investment Holdings
- GVK Power & Infra Limited - India
- Minerals Council of Australia
- Indika Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Mintek Dendrill Indonesia
- Ceylon Electricity Board - Sri Lanka
- San Jose City I Power Corp, Philippines
- Port Waratah Coal Services - Australia
- Timah Investasi Mineral - Indoneisa
- Planning Commission, India
- Tata Chemicals Ltd - India
- Bukit Makmur.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Holcim Trading Pte Ltd - Singapore
- ICICI Bank Limited - India
- Africa Commodities Group - South Africa
- Mjunction Services Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- PTC India Limited - India
- Sojitz Corporation - Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Attock Cement Pakistan Limited
- Carbofer General Trading SA - India
- The Treasury - Australian Government
- Eastern Energy - Thailand
- Anglo American - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Economic Council, Georgia
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- Gujarat Electricity Regulatory Commission - India
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- Bulk Trading Sa - Switzerland
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- Singapore Mercantile Exchange
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- Electricity Authority, New Zealand
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- The State Trading Corporation of India Ltd
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- Australian Coal Association
- Simpson Spence & Young - Indonesia
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- Thai Mozambique Logistica
- Samtan Co., Ltd - South Korea
- Cigading International Bulk Terminal - Indonesia
- Coal and Oil Company - UAE
- Indo Tambangraya Megah - Indonesia
- The University of Queensland
- London Commodity Brokers - England
- Sakthi Sugars Limited - India
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- Kepco SPC Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- South Luzon Thermal Energy Corporation
- Price Waterhouse Coopers - Russia
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- Edison Trading Spa - Italy
- Leighton Contractors Pty Ltd - Australia
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- Indonesian Coal Mining Association
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- Straits Asia Resources Limited - Singapore
- Merrill Lynch Commodities Europe
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