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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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- The Treasury - Australian Government
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- Cement Manufacturers Association - India
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ambuja Cements Ltd - India
- Sical Logistics Limited - India
- Georgia Ports Authority, United States
- Borneo Indobara - Indonesia
- Economic Council, Georgia
- Indonesian Coal Mining Association
- Bhoruka Overseas - Indonesia
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- CNBM International Corporation - China
- Coal and Oil Company - UAE
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- GMR Energy Limited - India
- OPG Power Generation Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Kaltim Prima Coal - Indonesia
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- Agrawal Coal Company - India
- Attock Cement Pakistan Limited
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- Commonwealth Bank - Australia
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- Baramulti Group, Indonesia
- Minerals Council of Australia
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- Toyota Tsusho Corporation, Japan
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- Banpu Public Company Limited - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vizag Seaport Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Indika Energy - Indonesia
- Parry Sugars Refinery, India
- Global Coal Blending Company Limited - Australia
- Singapore Mercantile Exchange
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- Bukit Asam (Persero) Tbk - Indonesia
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- Videocon Industries ltd - India
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- Ministry of Transport, Egypt
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- Kepco SPC Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Goldman Sachs - Singapore
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- AsiaOL BioFuels Corp., Philippines
- Africa Commodities Group - South Africa
- Planning Commission, India
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- Ministry of Mines - Canada
- SMC Global Power, Philippines
- SN Aboitiz Power Inc, Philippines
- Romanian Commodities Exchange
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- Orica Mining Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- Sojitz Corporation - Japan
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- Bharathi Cement Corporation - India
- Edison Trading Spa - Italy
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- Mintek Dendrill Indonesia
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- Energy Development Corp, Philippines
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- Karbindo Abesyapradhi - Indoneisa
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- PTC India Limited - India
- Sakthi Sugars Limited - India
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- Mercuria Energy - Indonesia
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- Price Waterhouse Coopers - Russia
- Eastern Coal Council - USA
- Miang Besar Coal Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Australian Coal Association
- Holcim Trading Pte Ltd - Singapore
- The University of Queensland
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- IHS Mccloskey Coal Group - USA
- European Bulk Services B.V. - Netherlands
- Posco Energy - South Korea
- Uttam Galva Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Gujarat Electricity Regulatory Commission - India
- MS Steel International - UAE
- Vedanta Resources Plc - India
- Bayan Resources Tbk. - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
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- Thiess Contractors Indonesia
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- Altura Mining Limited, Indonesia
- Bulk Trading Sa - Switzerland
- Deloitte Consulting - India
- Pipit Mutiara Jaya. PT, Indonesia
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Indian Oil Corporation Limited
- Coastal Gujarat Power Limited - India
- Central Electricity Authority - India
- Metalloyd Limited - United Kingdom
- Energy Link Ltd, New Zealand
- London Commodity Brokers - England
- Bhatia International Limited - India
- Lanco Infratech Ltd - India
- Rio Tinto Coal - Australia
- Manunggal Multi Energi - Indonesia
- Oldendorff Carriers - Singapore
- South Luzon Thermal Energy Corporation
- Chamber of Mines of South Africa
- Bukit Makmur.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Latin American Coal - Colombia
- Bahari Cakrawala Sebuku - Indonesia
- Wilmar Investment Holdings
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- IEA Clean Coal Centre - UK
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- Star Paper Mills Limited - India
- Rashtriya Ispat Nigam Limited - India
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- Standard Chartered Bank - UAE
- Coalindo Energy - Indonesia
- Bhushan Steel Limited - India
- Merrill Lynch Commodities Europe
- Carbofer General Trading SA - India
- Electricity Generating Authority of Thailand
- Kohat Cement Company Ltd. - Pakistan
- Tamil Nadu electricity Board
- PetroVietnam Power Coal Import and Supply Company
- Wood Mackenzie - Singapore
- Mjunction Services Limited - India
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- Kobexindo Tractors - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Thai Mozambique Logistica
- Indian Energy Exchange, India
- Kartika Selabumi Mining - Indonesia
- Heidelberg Cement - Germany
- Antam Resourcindo - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Australian Commodity Traders Exchange
- ASAPP Information Group - India
- Kideco Jaya Agung - Indonesia
- Semirara Mining Corp, Philippines
- White Energy Company Limited
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