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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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- Essar Steel Hazira Ltd - India
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- AsiaOL BioFuels Corp., Philippines
- Grasim Industreis Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Altura Mining Limited, Indonesia
- Coastal Gujarat Power Limited - India
- GMR Energy Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Lanco Infratech Ltd - India
- Tamil Nadu electricity Board
- Samtan Co., Ltd - South Korea
- Kaltim Prima Coal - Indonesia
- Rio Tinto Coal - Australia
- Indo Tambangraya Megah - Indonesia
- Planning Commission, India
- Goldman Sachs - Singapore
- Central Electricity Authority - India
- Parry Sugars Refinery, India
- Energy Link Ltd, New Zealand
- Sojitz Corporation - Japan
- Baramulti Group, Indonesia
- Indonesian Coal Mining Association
- Bulk Trading Sa - Switzerland
- Power Finance Corporation Ltd., India
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- Siam City Cement PLC, Thailand
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- Electricity Generating Authority of Thailand
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- Salva Resources Pvt Ltd - India
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- Mjunction Services Limited - India
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- CNBM International Corporation - China
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- Bank of Tokyo Mitsubishi UFJ Ltd
- CIMB Investment Bank - Malaysia
- Sree Jayajothi Cements Limited - India
- Australian Commodity Traders Exchange
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- Madhucon Powers Ltd - India
- Independent Power Producers Association of India
- Petrochimia International Co. Ltd.- Taiwan
- PNOC Exploration Corporation - Philippines
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- Romanian Commodities Exchange
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- SN Aboitiz Power Inc, Philippines
- Heidelberg Cement - Germany
- Indian Energy Exchange, India
- Wilmar Investment Holdings
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- Maheswari Brothers Coal Limited - India
- Renaissance Capital - South Africa
- Australian Coal Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Metalloyd Limited - United Kingdom
- Port Waratah Coal Services - Australia
- Singapore Mercantile Exchange
- Deloitte Consulting - India
- Siam City Cement - Thailand
- Global Coal Blending Company Limited - Australia
- Directorate General of MIneral and Coal - Indonesia
- Ambuja Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Videocon Industries ltd - India
- Directorate Of Revenue Intelligence - India
- Leighton Contractors Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Standard Chartered Bank - UAE
- Orica Australia Pty. Ltd.
- LBH Netherlands Bv - Netherlands
- Krishnapatnam Port Company Ltd. - India
- Bayan Resources Tbk. - Indonesia
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- Antam Resourcindo - Indonesia
- Economic Council, Georgia
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- Manunggal Multi Energi - Indonesia
- Makarim & Taira - Indonesia
- Ceylon Electricity Board - Sri Lanka
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- PTC India Limited - India
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- Africa Commodities Group - South Africa
- Wood Mackenzie - Singapore
- Indogreen Group - Indonesia
- Georgia Ports Authority, United States
- VISA Power Limited - India
- Bhoruka Overseas - Indonesia
- Formosa Plastics Group - Taiwan
- Bangladesh Power Developement Board
- Kobexindo Tractors - Indoneisa
- Straits Asia Resources Limited - Singapore
- Trasteel International SA, Italy
- Billiton Holdings Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- SMC Global Power, Philippines
- New Zealand Coal & Carbon
- Aditya Birla Group - India
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- European Bulk Services B.V. - Netherlands
- MS Steel International - UAE
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- GAC Shipping (India) Pvt Ltd
- The State Trading Corporation of India Ltd
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- Karbindo Abesyapradhi - Indoneisa
- Electricity Authority, New Zealand
- Energy Development Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- India Bulls Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Parliament of New Zealand
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- Thiess Contractors Indonesia
- Eastern Energy - Thailand
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMG Consultants - Indonesia
- Medco Energi Mining Internasional
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- Aboitiz Power Corporation - Philippines
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- London Commodity Brokers - England
- Sarangani Energy Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Rashtriya Ispat Nigam Limited - India
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- Kideco Jaya Agung - Indonesia
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- Chamber of Mines of South Africa
- Coal and Oil Company - UAE
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- White Energy Company Limited
- Latin American Coal - Colombia
- Holcim Trading Pte Ltd - Singapore
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- Orica Mining Services - Indonesia
- Price Waterhouse Coopers - Russia
- Petron Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Meralco Power Generation, Philippines
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- Coalindo Energy - Indonesia
- Larsen & Toubro Limited - India
- Cement Manufacturers Association - India
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- IEA Clean Coal Centre - UK
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