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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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- Petron Corporation, Philippines
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- Independent Power Producers Association of India
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- Wood Mackenzie - Singapore
- Energy Development Corp, Philippines
- Vizag Seaport Private Limited - India
- White Energy Company Limited
- Power Finance Corporation Ltd., India
- Gujarat Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- Karaikal Port Pvt Ltd - India
- Chamber of Mines of South Africa
- Bulk Trading Sa - Switzerland
- Bhoruka Overseas - Indonesia
- Makarim & Taira - Indonesia
- Samtan Co., Ltd - South Korea
- Directorate General of MIneral and Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Ministry of Transport, Egypt
- Intertek Mineral Services - Indonesia
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- GVK Power & Infra Limited - India
- The State Trading Corporation of India Ltd
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- Indonesian Coal Mining Association
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- GAC Shipping (India) Pvt Ltd
- Attock Cement Pakistan Limited
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- Jaiprakash Power Ventures ltd
- Dalmia Cement Bharat India
- Australian Coal Association
- Carbofer General Trading SA - India
- Kumho Petrochemical, South Korea
- Renaissance Capital - South Africa
- Energy Link Ltd, New Zealand
- Eastern Coal Council - USA
- Georgia Ports Authority, United States
- New Zealand Coal & Carbon
- Holcim Trading Pte Ltd - Singapore
- Kapuas Tunggal Persada - Indonesia
- Global Green Power PLC Corporation, Philippines
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- Manunggal Multi Energi - Indonesia
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- IEA Clean Coal Centre - UK
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- Larsen & Toubro Limited - India
- India Bulls Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Simpson Spence & Young - Indonesia
- ASAPP Information Group - India
- SMC Global Power, Philippines
- IHS Mccloskey Coal Group - USA
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- MS Steel International - UAE
- Indian Energy Exchange, India
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- Commonwealth Bank - Australia
- SN Aboitiz Power Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Australian Commodity Traders Exchange
- London Commodity Brokers - England
- CNBM International Corporation - China
- The University of Queensland
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- Altura Mining Limited, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Africa Commodities Group - South Africa
- GMR Energy Limited - India
- South Luzon Thermal Energy Corporation
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- Essar Steel Hazira Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Electricity Authority, New Zealand
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- Neyveli Lignite Corporation Ltd, - India
- Goldman Sachs - Singapore
- Minerals Council of Australia
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- Coalindo Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Sidhee Cement - India
- Karbindo Abesyapradhi - Indoneisa
- Metalloyd Limited - United Kingdom
- Mjunction Services Limited - India
- CIMB Investment Bank - Malaysia
- Star Paper Mills Limited - India
- Deloitte Consulting - India
- Latin American Coal - Colombia
- Kartika Selabumi Mining - Indonesia
- McConnell Dowell - Australia
- Posco Energy - South Korea
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Anglo American - United Kingdom
- The Treasury - Australian Government
- Meenaskhi Energy Private Limited - India
- Agrawal Coal Company - India
- Sarangani Energy Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bangladesh Power Developement Board
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- Malabar Cements Ltd - India
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- TNB Fuel Sdn Bhd - Malaysia
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- Antam Resourcindo - Indonesia
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- Timah Investasi Mineral - Indoneisa
- TeaM Sual Corporation - Philippines
- Indian Oil Corporation Limited
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- Bhushan Steel Limited - India
- Ministry of Finance - Indonesia
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- Oldendorff Carriers - Singapore
- Siam City Cement - Thailand
- Meralco Power Generation, Philippines
- LBH Netherlands Bv - Netherlands
- Romanian Commodities Exchange
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- Sindya Power Generating Company Private Ltd
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- Pipit Mutiara Jaya. PT, Indonesia
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- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement PLC, Thailand
- SMG Consultants - Indonesia
- VISA Power Limited - India
- Standard Chartered Bank - UAE
- Electricity Generating Authority of Thailand
- Mercuria Energy - Indonesia
- Ministry of Mines - Canada
- Kideco Jaya Agung - Indonesia
- Bhatia International Limited - India
- Edison Trading Spa - Italy
- Planning Commission, India
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- Central Electricity Authority - India
- Ambuja Cements Ltd - India
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- Singapore Mercantile Exchange
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