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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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- Coal and Oil Company - UAE
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- Parry Sugars Refinery, India
- Xindia Steels Limited - India
- Chamber of Mines of South Africa
- Sree Jayajothi Cements Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Global Coal Blending Company Limited - Australia
- Global Green Power PLC Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Toyota Tsusho Corporation, Japan
- Miang Besar Coal Terminal - Indonesia
- Wilmar Investment Holdings
- Directorate General of MIneral and Coal - Indonesia
- SMC Global Power, Philippines
- Chettinad Cement Corporation Ltd - India
- Siam City Cement PLC, Thailand
- Baramulti Group, Indonesia
- Renaissance Capital - South Africa
- Mintek Dendrill Indonesia
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- Larsen & Toubro Limited - India
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- Thiess Contractors Indonesia
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- Wood Mackenzie - Singapore
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- Economic Council, Georgia
- Petrochimia International Co. Ltd.- Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Edison Trading Spa - Italy
- Mercuria Energy - Indonesia
- Aditya Birla Group - India
- Heidelberg Cement - Germany
- Salva Resources Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- MS Steel International - UAE
- Australian Commodity Traders Exchange
- Indogreen Group - Indonesia
- CNBM International Corporation - China
- White Energy Company Limited
- New Zealand Coal & Carbon
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- Videocon Industries ltd - India
- Sarangani Energy Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Electricity Authority, New Zealand
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- Energy Development Corp, Philippines
- Medco Energi Mining Internasional
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- Carbofer General Trading SA - India
- Banpu Public Company Limited - Thailand
- IEA Clean Coal Centre - UK
- Globalindo Alam Lestari - Indonesia
- Georgia Ports Authority, United States
- Ministry of Finance - Indonesia
- London Commodity Brokers - England
- Karbindo Abesyapradhi - Indoneisa
- Binh Thuan Hamico - Vietnam
- Borneo Indobara - Indonesia
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- Global Business Power Corporation, Philippines
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- Meralco Power Generation, Philippines
- Ministry of Transport, Egypt
- Indian Oil Corporation Limited
- Tata Chemicals Ltd - India
- GVK Power & Infra Limited - India
- Bhatia International Limited - India
- Indonesian Coal Mining Association
- Planning Commission, India
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- Vedanta Resources Plc - India
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- European Bulk Services B.V. - Netherlands
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ASAPP Information Group - India
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- Gujarat Mineral Development Corp Ltd - India
- Ministry of Mines - Canada
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- Independent Power Producers Association of India
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- Maharashtra Electricity Regulatory Commission - India
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- Neyveli Lignite Corporation Ltd, - India
- Meenaskhi Energy Private Limited - India
- CIMB Investment Bank - Malaysia
- Mjunction Services Limited - India
- Indika Energy - Indonesia
- Parliament of New Zealand
- Central Java Power - Indonesia
- Latin American Coal - Colombia
- Anglo American - United Kingdom
- Essar Steel Hazira Ltd - India
- Sojitz Corporation - Japan
- Vizag Seaport Private Limited - India
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- Romanian Commodities Exchange
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- India Bulls Power Limited - India
- Posco Energy - South Korea
- Uttam Galva Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Holcim Trading Pte Ltd - Singapore
- Australian Coal Association
- Jorong Barutama Greston.PT - Indonesia
- Therma Luzon, Inc, Philippines
- The Treasury - Australian Government
- Pendopo Energi Batubara - Indonesia
- Gujarat Sidhee Cement - India
- PTC India Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Krishnapatnam Port Company Ltd. - India
- Indian Energy Exchange, India
- Africa Commodities Group - South Africa
- Billiton Holdings Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- International Coal Ventures Pvt Ltd - India
- Standard Chartered Bank - UAE
- Kohat Cement Company Ltd. - Pakistan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Port Waratah Coal Services - Australia
- Makarim & Taira - Indonesia
- Electricity Generating Authority of Thailand
- Straits Asia Resources Limited - Singapore
- Kartika Selabumi Mining - Indonesia
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- Pipit Mutiara Jaya. PT, Indonesia
- Price Waterhouse Coopers - Russia
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- Commonwealth Bank - Australia
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- The State Trading Corporation of India Ltd
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- Attock Cement Pakistan Limited
- The University of Queensland
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- Minerals Council of Australia
- Sical Logistics Limited - India
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- Cigading International Bulk Terminal - Indonesia
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- Eastern Coal Council - USA
- Metalloyd Limited - United Kingdom
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