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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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- Uttam Galva Steels Limited - India
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- Medco Energi Mining Internasional
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- New Zealand Coal & Carbon
- Bharathi Cement Corporation - India
- Sakthi Sugars Limited - India
- MS Steel International - UAE
- Australian Coal Association
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- ASAPP Information Group - India
- Parliament of New Zealand
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- Planning Commission, India
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- Manunggal Multi Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Marubeni Corporation - India
- Tamil Nadu electricity Board
- Holcim Trading Pte Ltd - Singapore
- Sojitz Corporation - Japan
- Standard Chartered Bank - UAE
- Bayan Resources Tbk. - Indonesia
- SN Aboitiz Power Inc, Philippines
- Eastern Energy - Thailand
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- Mintek Dendrill Indonesia
- Independent Power Producers Association of India
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- Formosa Plastics Group - Taiwan
- Electricity Generating Authority of Thailand
- Romanian Commodities Exchange
- GAC Shipping (India) Pvt Ltd
- Commonwealth Bank - Australia
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- IHS Mccloskey Coal Group - USA
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- Wood Mackenzie - Singapore
- Orica Mining Services - Indonesia
- Mercator Lines Limited - India
- Ministry of Mines - Canada
- Essar Steel Hazira Ltd - India
- Bulk Trading Sa - Switzerland
- Mercuria Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Siam City Cement - Thailand
- SMC Global Power, Philippines
- Xindia Steels Limited - India
- CIMB Investment Bank - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Eastern Coal Council - USA
- Sical Logistics Limited - India
- Lanco Infratech Ltd - India
- Toyota Tsusho Corporation, Japan
- Carbofer General Trading SA - India
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- The University of Queensland
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- Interocean Group of Companies - India
- Bangladesh Power Developement Board
- Tata Chemicals Ltd - India
- Larsen & Toubro Limited - India
- Bukit Baiduri Energy - Indonesia
- Altura Mining Limited, Indonesia
- Attock Cement Pakistan Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Star Paper Mills Limited - India
- Iligan Light & Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Riau Bara Harum - Indonesia
- Trasteel International SA, Italy
- Posco Energy - South Korea
- Maharashtra Electricity Regulatory Commission - India
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- Antam Resourcindo - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Indian Energy Exchange, India
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- Thiess Contractors Indonesia
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- Semirara Mining and Power Corporation, Philippines
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- Ambuja Cements Ltd - India
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- Asmin Koalindo Tuhup - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- McConnell Dowell - Australia
- Madhucon Powers Ltd - India
- GMR Energy Limited - India
- Deloitte Consulting - India
- Ministry of Transport, Egypt
- Chamber of Mines of South Africa
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- Wilmar Investment Holdings
- Samtan Co., Ltd - South Korea
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- Parry Sugars Refinery, India
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- Directorate Of Revenue Intelligence - India
- Metalloyd Limited - United Kingdom
- Anglo American - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Australia Pty. Ltd.
- Miang Besar Coal Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
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- TeaM Sual Corporation - Philippines
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- Electricity Authority, New Zealand
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- Coal and Oil Company - UAE
- International Coal Ventures Pvt Ltd - India
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- Rio Tinto Coal - Australia
- Merrill Lynch Commodities Europe
- Banpu Public Company Limited - Thailand
- Baramulti Group, Indonesia
- India Bulls Power Limited - India
- Borneo Indobara - Indonesia
- The Treasury - Australian Government
- Jorong Barutama Greston.PT - Indonesia
- Mjunction Services Limited - India
- Bukit Makmur.PT - Indonesia
- Simpson Spence & Young - Indonesia
- European Bulk Services B.V. - Netherlands
- Kumho Petrochemical, South Korea
- Binh Thuan Hamico - Vietnam
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- Singapore Mercantile Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Karbindo Abesyapradhi - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Agrawal Coal Company - India
- Ind-Barath Power Infra Limited - India
- SMG Consultants - Indonesia
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- Central Electricity Authority - India
- Ministry of Finance - Indonesia
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