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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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- GMR Energy Limited - India
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Economic Council, Georgia
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- Pipit Mutiara Jaya. PT, Indonesia
- South Luzon Thermal Energy Corporation
- Gujarat Sidhee Cement - India
- Karaikal Port Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Ministry of Transport, Egypt
- Semirara Mining Corp, Philippines
- Trasteel International SA, Italy
- Intertek Mineral Services - Indonesia
- Wilmar Investment Holdings
- India Bulls Power Limited - India
- Wood Mackenzie - Singapore
- Bangladesh Power Developement Board
- Australian Coal Association
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- Standard Chartered Bank - UAE
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- Sindya Power Generating Company Private Ltd
- Straits Asia Resources Limited - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Karbindo Abesyapradhi - Indoneisa
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- Cigading International Bulk Terminal - Indonesia
- Mercuria Energy - Indonesia
- The University of Queensland
- Kaltim Prima Coal - Indonesia
- Madhucon Powers Ltd - India
- Orica Australia Pty. Ltd.
- Ministry of Mines - Canada
- Heidelberg Cement - Germany
- PetroVietnam Power Coal Import and Supply Company
- Posco Energy - South Korea
- Africa Commodities Group - South Africa
- Merrill Lynch Commodities Europe
- Energy Link Ltd, New Zealand
- Bulk Trading Sa - Switzerland
- Savvy Resources Ltd - HongKong
- Semirara Mining and Power Corporation, Philippines
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- ICICI Bank Limited - India
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- Minerals Council of Australia
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- SN Aboitiz Power Inc, Philippines
- Sojitz Corporation - Japan
- MS Steel International - UAE
- Indogreen Group - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Grasim Industreis Ltd - India
- Australian Commodity Traders Exchange
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- Parliament of New Zealand
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- Kapuas Tunggal Persada - Indonesia
- Interocean Group of Companies - India
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- Meenaskhi Energy Private Limited - India
- Altura Mining Limited, Indonesia
- Thai Mozambique Logistica
- Timah Investasi Mineral - Indoneisa
- Attock Cement Pakistan Limited
- TNB Fuel Sdn Bhd - Malaysia
- Simpson Spence & Young - Indonesia
- Ministry of Finance - Indonesia
- Indo Tambangraya Megah - Indonesia
- IEA Clean Coal Centre - UK
- IHS Mccloskey Coal Group - USA
- Anglo American - United Kingdom
- Central Java Power - Indonesia
- Agrawal Coal Company - India
- Tata Chemicals Ltd - India
- Indonesian Coal Mining Association
- Ceylon Electricity Board - Sri Lanka
- Edison Trading Spa - Italy
- Metalloyd Limited - United Kingdom
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- LBH Netherlands Bv - Netherlands
- Sakthi Sugars Limited - India
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- San Jose City I Power Corp, Philippines
- Indika Energy - Indonesia
- Independent Power Producers Association of India
- Samtan Co., Ltd - South Korea
- Sical Logistics Limited - India
- Carbofer General Trading SA - India
- SMG Consultants - Indonesia
- Bukit Makmur.PT - Indonesia
- Commonwealth Bank - Australia
- CIMB Investment Bank - Malaysia
- Eastern Coal Council - USA
- Energy Development Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- New Zealand Coal & Carbon
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- Meralco Power Generation, Philippines
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- Siam City Cement PLC, Thailand
- Banpu Public Company Limited - Thailand
- Krishnapatnam Port Company Ltd. - India
- The Treasury - Australian Government
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- Essar Steel Hazira Ltd - India
- Port Waratah Coal Services - Australia
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- Miang Besar Coal Terminal - Indonesia
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- Formosa Plastics Group - Taiwan
- Iligan Light & Power Inc, Philippines
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- Eastern Energy - Thailand
- PTC India Limited - India
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- Binh Thuan Hamico - Vietnam
- Lanco Infratech Ltd - India
- Electricity Authority, New Zealand
- Kartika Selabumi Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- McConnell Dowell - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Indian Energy Exchange, India
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