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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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- Dalmia Cement Bharat India
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- Price Waterhouse Coopers - Russia
- White Energy Company Limited
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining Corp, Philippines
- Global Business Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- ICICI Bank Limited - India
- Romanian Commodities Exchange
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMG Consultants - Indonesia
- Deloitte Consulting - India
- India Bulls Power Limited - India
- Goldman Sachs - Singapore
- Australian Coal Association
- Chamber of Mines of South Africa
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- Energy Link Ltd, New Zealand
- Karaikal Port Pvt Ltd - India
- Marubeni Corporation - India
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- Kohat Cement Company Ltd. - Pakistan
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- GAC Shipping (India) Pvt Ltd
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indonesian Coal Mining Association
- Commonwealth Bank - Australia
- Toyota Tsusho Corporation, Japan
- Maheswari Brothers Coal Limited - India
- Oldendorff Carriers - Singapore
- Timah Investasi Mineral - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Carbofer General Trading SA - India
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- Interocean Group of Companies - India
- Savvy Resources Ltd - HongKong
- Global Green Power PLC Corporation, Philippines
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- Tamil Nadu electricity Board
- The Treasury - Australian Government
- PowerSource Philippines DevCo
- Africa Commodities Group - South Africa
- Renaissance Capital - South Africa
- AsiaOL BioFuels Corp., Philippines
- Global Coal Blending Company Limited - Australia
- Jorong Barutama Greston.PT - Indonesia
- Agrawal Coal Company - India
- Port Waratah Coal Services - Australia
- CNBM International Corporation - China
- Meralco Power Generation, Philippines
- Power Finance Corporation Ltd., India
- Xindia Steels Limited - India
- Sojitz Corporation - Japan
- Wilmar Investment Holdings
- The University of Queensland
- Australian Commodity Traders Exchange
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- Star Paper Mills Limited - India
- Straits Asia Resources Limited - Singapore
- Lanco Infratech Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Authority, New Zealand
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- Miang Besar Coal Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Minerals Council of Australia
- Indian Energy Exchange, India
- Bharathi Cement Corporation - India
- Mercuria Energy - Indonesia
- CIMB Investment Bank - Malaysia
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- IEA Clean Coal Centre - UK
- Bhushan Steel Limited - India
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- Siam City Cement PLC, Thailand
- Thiess Contractors Indonesia
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- Energy Development Corp, Philippines
- Metalloyd Limited - United Kingdom
- Singapore Mercantile Exchange
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- MS Steel International - UAE
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- Ceylon Electricity Board - Sri Lanka
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- Sarangani Energy Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- McConnell Dowell - Australia
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- Indo Tambangraya Megah - Indonesia
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- Jaiprakash Power Ventures ltd
- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
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- Kaltim Prima Coal - Indonesia
- Kumho Petrochemical, South Korea
- Ministry of Mines - Canada
- Ministry of Finance - Indonesia
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- Pipit Mutiara Jaya. PT, Indonesia
- PNOC Exploration Corporation - Philippines
- Electricity Generating Authority of Thailand
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- Malabar Cements Ltd - India
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- Directorate General of MIneral and Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Wood Mackenzie - Singapore
- Independent Power Producers Association of India
- Alfred C Toepfer International GmbH - Germany
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- Indian Oil Corporation Limited
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- Merrill Lynch Commodities Europe
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- Pendopo Energi Batubara - Indonesia
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- Indogreen Group - Indonesia
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Planning Commission, India
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- Standard Chartered Bank - UAE
- GN Power Mariveles Coal Plant, Philippines
- Bukit Baiduri Energy - Indonesia
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