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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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- Economic Council, Georgia
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- Ministry of Finance - Indonesia
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- Borneo Indobara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Simpson Spence & Young - Indonesia
- Agrawal Coal Company - India
- Semirara Mining Corp, Philippines
- Dalmia Cement Bharat India
- Indian Oil Corporation Limited
- Energy Development Corp, Philippines
- White Energy Company Limited
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- Ind-Barath Power Infra Limited - India
- Interocean Group of Companies - India
- Altura Mining Limited, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
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- Africa Commodities Group - South Africa
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- Bulk Trading Sa - Switzerland
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- Orica Mining Services - Indonesia
- Thai Mozambique Logistica
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- Kohat Cement Company Ltd. - Pakistan
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- SN Aboitiz Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Eastern Coal Council - USA
- Kapuas Tunggal Persada - Indonesia
- Trasteel International SA, Italy
- Electricity Generating Authority of Thailand
- New Zealand Coal & Carbon
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- Alfred C Toepfer International GmbH - Germany
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- Power Finance Corporation Ltd., India
- Romanian Commodities Exchange
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- Edison Trading Spa - Italy
- International Coal Ventures Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sakthi Sugars Limited - India
- Formosa Plastics Group - Taiwan
- Australian Coal Association
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- Rashtriya Ispat Nigam Limited - India
- Essar Steel Hazira Ltd - India
- Parliament of New Zealand
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- Global Coal Blending Company Limited - Australia
- Port Waratah Coal Services - Australia
- Mercator Lines Limited - India
- Petron Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Indian Energy Exchange, India
- Price Waterhouse Coopers - Russia
- SMC Global Power, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coal and Oil Company - UAE
- India Bulls Power Limited - India
- Electricity Authority, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Lanco Infratech Ltd - India
- Central Electricity Authority - India
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- Therma Luzon, Inc, Philippines
- Mjunction Services Limited - India
- Malabar Cements Ltd - India
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- Wood Mackenzie - Singapore
- Tamil Nadu electricity Board
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- Pipit Mutiara Jaya. PT, Indonesia
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- Directorate Of Revenue Intelligence - India
- Indogreen Group - Indonesia
- AsiaOL BioFuels Corp., Philippines
- GVK Power & Infra Limited - India
- Sindya Power Generating Company Private Ltd
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- Toyota Tsusho Corporation, Japan
- Meenaskhi Energy Private Limited - India
- Bharathi Cement Corporation - India
- Latin American Coal - Colombia
- Manunggal Multi Energi - Indonesia
- Goldman Sachs - Singapore
- Maheswari Brothers Coal Limited - India
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- Banpu Public Company Limited - Thailand
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- The University of Queensland
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- Merrill Lynch Commodities Europe
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Deloitte Consulting - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PowerSource Philippines DevCo
- Gujarat Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Kaltim Prima Coal - Indonesia
- Georgia Ports Authority, United States
- European Bulk Services B.V. - Netherlands
- Ministry of Mines - Canada
- Independent Power Producers Association of India
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- Samtan Co., Ltd - South Korea
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- Commonwealth Bank - Australia
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- CIMB Investment Bank - Malaysia
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- The State Trading Corporation of India Ltd
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- Singapore Mercantile Exchange
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- Planning Commission, India
- Standard Chartered Bank - UAE
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- Indonesian Coal Mining Association
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- SMG Consultants - Indonesia
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- Parry Sugars Refinery, India
- PTC India Limited - India
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- Medco Energi Mining Internasional
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