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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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- White Energy Company Limited
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- IEA Clean Coal Centre - UK
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- SMG Consultants - Indonesia
- Siam City Cement - Thailand
- Therma Luzon, Inc, Philippines
- Trasteel International SA, Italy
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- PTC India Limited - India
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- Wilmar Investment Holdings
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- Intertek Mineral Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
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- Coastal Gujarat Power Limited - India
- India Bulls Power Limited - India
- The State Trading Corporation of India Ltd
- Altura Mining Limited, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Antam Resourcindo - Indonesia
- Sindya Power Generating Company Private Ltd
- Bhatia International Limited - India
- Kartika Selabumi Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
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- Minerals Council of Australia
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- Bangladesh Power Developement Board
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- Heidelberg Cement - Germany
- Simpson Spence & Young - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Deloitte Consulting - India
- PetroVietnam Power Coal Import and Supply Company
- Pendopo Energi Batubara - Indonesia
- The University of Queensland
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- ICICI Bank Limited - India
- Electricity Authority, New Zealand
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- Electricity Generating Authority of Thailand
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- Mjunction Services Limited - India
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- SN Aboitiz Power Inc, Philippines
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- Alfred C Toepfer International GmbH - Germany
- Chamber of Mines of South Africa
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- Tamil Nadu electricity Board
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- Economic Council, Georgia
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- Bayan Resources Tbk. - Indonesia
- Energy Development Corp, Philippines
- Australian Coal Association
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- Salva Resources Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Wood Mackenzie - Singapore
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- Indika Energy - Indonesia
- Malabar Cements Ltd - India
- Sojitz Corporation - Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- McConnell Dowell - Australia
- Mintek Dendrill Indonesia
- MS Steel International - UAE
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- Central Electricity Authority - India
- GN Power Mariveles Coal Plant, Philippines
- VISA Power Limited - India
- Latin American Coal - Colombia
- Central Java Power - Indonesia
- ASAPP Information Group - India
- Gujarat Sidhee Cement - India
- Formosa Plastics Group - Taiwan
- CNBM International Corporation - China
- GAC Shipping (India) Pvt Ltd
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- New Zealand Coal & Carbon
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- Agrawal Coal Company - India
- Price Waterhouse Coopers - Russia
- Ministry of Mines - Canada
- Pipit Mutiara Jaya. PT, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Renaissance Capital - South Africa
- Thiess Contractors Indonesia
- Kaltim Prima Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Georgia Ports Authority, United States
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sree Jayajothi Cements Limited - India
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- PowerSource Philippines DevCo
- Ministry of Transport, Egypt
- Africa Commodities Group - South Africa
- Edison Trading Spa - Italy
- Billiton Holdings Pty Ltd - Australia
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- Romanian Commodities Exchange
- Thai Mozambique Logistica
- Iligan Light & Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Baramulti Group, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kobexindo Tractors - Indoneisa
- Power Finance Corporation Ltd., India
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