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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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- Kapuas Tunggal Persada - Indonesia
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- Parliament of New Zealand
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- Standard Chartered Bank - UAE
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- TNB Fuel Sdn Bhd - Malaysia
- Energy Link Ltd, New Zealand
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- OPG Power Generation Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Makarim & Taira - Indonesia
- Mercator Lines Limited - India
- Interocean Group of Companies - India
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- Siam City Cement PLC, Thailand
- Medco Energi Mining Internasional
- Samtan Co., Ltd - South Korea
- Bulk Trading Sa - Switzerland
- Australian Coal Association
- Minerals Council of Australia
- Mercuria Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- TeaM Sual Corporation - Philippines
- Thai Mozambique Logistica
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- London Commodity Brokers - England
- SMG Consultants - Indonesia
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- Vedanta Resources Plc - India
- Vizag Seaport Private Limited - India
- Global Coal Blending Company Limited - Australia
- Sical Logistics Limited - India
- Formosa Plastics Group - Taiwan
- Goldman Sachs - Singapore
- Chamber of Mines of South Africa
- The Treasury - Australian Government
- Directorate General of MIneral and Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Metalloyd Limited - United Kingdom
- Malabar Cements Ltd - India
- Ministry of Transport, Egypt
- Leighton Contractors Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
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- Parry Sugars Refinery, India
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- Star Paper Mills Limited - India
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- Meenaskhi Energy Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Merrill Lynch Commodities Europe
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- Sree Jayajothi Cements Limited - India
- Bangladesh Power Developement Board
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- Timah Investasi Mineral - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Riau Bara Harum - Indonesia
- ICICI Bank Limited - India
- LBH Netherlands Bv - Netherlands
- Carbofer General Trading SA - India
- Straits Asia Resources Limited - Singapore
- GN Power Mariveles Coal Plant, Philippines
- India Bulls Power Limited - India
- Agrawal Coal Company - India
- PetroVietnam Power Coal Import and Supply Company
- Ceylon Electricity Board - Sri Lanka
- Grasim Industreis Ltd - India
- Bhoruka Overseas - Indonesia
- Antam Resourcindo - Indonesia
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- Indian Energy Exchange, India
- Bhatia International Limited - India
- Maheswari Brothers Coal Limited - India
- Karaikal Port Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Holcim Trading Pte Ltd - Singapore
- Economic Council, Georgia
- Trasteel International SA, Italy
- Indogreen Group - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Xindia Steels Limited - India
- Madhucon Powers Ltd - India
- Neyveli Lignite Corporation Ltd, - India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Coal Council - USA
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- GMR Energy Limited - India
- GAC Shipping (India) Pvt Ltd
- Edison Trading Spa - Italy
- Binh Thuan Hamico - Vietnam
- Africa Commodities Group - South Africa
- Ambuja Cements Ltd - India
- Ministry of Mines - Canada
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- Bukit Asam (Persero) Tbk - Indonesia
- Price Waterhouse Coopers - Russia
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- Baramulti Group, Indonesia
- Port Waratah Coal Services - Australia
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- Kaltim Prima Coal - Indonesia
- Coal and Oil Company - UAE
- Global Business Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement - Thailand
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- Jaiprakash Power Ventures ltd
- VISA Power Limited - India
- The State Trading Corporation of India Ltd
- ASAPP Information Group - India
- IEA Clean Coal Centre - UK
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The University of Queensland
- Jindal Steel & Power Ltd - India
- Renaissance Capital - South Africa
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- Alfred C Toepfer International GmbH - Germany
- Energy Development Corp, Philippines
- Australian Commodity Traders Exchange
- Directorate Of Revenue Intelligence - India
- Georgia Ports Authority, United States
- IHS Mccloskey Coal Group - USA
- Latin American Coal - Colombia
- Bhushan Steel Limited - India
- Bukit Baiduri Energy - Indonesia
- Ministry of Finance - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
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- Coalindo Energy - Indonesia
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- Dalmia Cement Bharat India
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- South Luzon Thermal Energy Corporation
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- Sindya Power Generating Company Private Ltd
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- Cement Manufacturers Association - India
- Kalimantan Lumbung Energi - Indonesia
- GVK Power & Infra Limited - India
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