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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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- Ambuja Cements Ltd - India
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- Globalindo Alam Lestari - Indonesia
- Mjunction Services Limited - India
- Borneo Indobara - Indonesia
- Agrawal Coal Company - India
- Petrochimia International Co. Ltd.- Taiwan
- Ind-Barath Power Infra Limited - India
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- Intertek Mineral Services - Indonesia
- Riau Bara Harum - Indonesia
- Sical Logistics Limited - India
- Rio Tinto Coal - Australia
- Dalmia Cement Bharat India
- Jorong Barutama Greston.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- GMR Energy Limited - India
- Sojitz Corporation - Japan
- Sindya Power Generating Company Private Ltd
- Parliament of New Zealand
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- Australian Coal Association
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- Economic Council, Georgia
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- VISA Power Limited - India
- ASAPP Information Group - India
- Coal and Oil Company - UAE
- Jaiprakash Power Ventures ltd
- Metalloyd Limited - United Kingdom
- Parry Sugars Refinery, India
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
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- Ministry of Transport, Egypt
- Price Waterhouse Coopers - Russia
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- Australian Commodity Traders Exchange
- IEA Clean Coal Centre - UK
- The Treasury - Australian Government
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- Planning Commission, India
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- Uttam Galva Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Singapore Mercantile Exchange
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- Deloitte Consulting - India
- New Zealand Coal & Carbon
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- Electricity Authority, New Zealand
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- Siam City Cement - Thailand
- Carbofer General Trading SA - India
- Bayan Resources Tbk. - Indonesia
- GVK Power & Infra Limited - India
- The State Trading Corporation of India Ltd
- Georgia Ports Authority, United States
- McConnell Dowell - Australia
- Renaissance Capital - South Africa
- Sarangani Energy Corporation, Philippines
- Indonesian Coal Mining Association
- Bangladesh Power Developement Board
- Romanian Commodities Exchange
- Eastern Energy - Thailand
- PTC India Limited - India
- Trasteel International SA, Italy
- Goldman Sachs - Singapore
- Makarim & Taira - Indonesia
- Coalindo Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Energy Link Ltd, New Zealand
- Wood Mackenzie - Singapore
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- Therma Luzon, Inc, Philippines
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- Global Coal Blending Company Limited - Australia
- South Luzon Thermal Energy Corporation
- MS Steel International - UAE
- Bharathi Cement Corporation - India
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- Edison Trading Spa - Italy
- Pendopo Energi Batubara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Thai Mozambique Logistica
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- Electricity Generating Authority of Thailand
- Altura Mining Limited, Indonesia
- Chamber of Mines of South Africa
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- LBH Netherlands Bv - Netherlands
- Krishnapatnam Port Company Ltd. - India
- Ministry of Finance - Indonesia
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- Thiess Contractors Indonesia
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- Heidelberg Cement - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Bhatia International Limited - India
- Commonwealth Bank - Australia
- Samtan Co., Ltd - South Korea
- Cement Manufacturers Association - India
- Mintek Dendrill Indonesia
- Oldendorff Carriers - Singapore
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- Ministry of Mines - Canada
- Anglo American - United Kingdom
- Orica Mining Services - Indonesia
- SMG Consultants - Indonesia
- Timah Investasi Mineral - Indoneisa
- CNBM International Corporation - China
- Africa Commodities Group - South Africa
- Indo Tambangraya Megah - Indonesia
- Attock Cement Pakistan Limited
- White Energy Company Limited
- Pipit Mutiara Jaya. PT, Indonesia
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- Indian Energy Exchange, India
- India Bulls Power Limited - India
- Independent Power Producers Association of India
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- IHS Mccloskey Coal Group - USA
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- Holcim Trading Pte Ltd - Singapore
- Tamil Nadu electricity Board
- European Bulk Services B.V. - Netherlands
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- Minerals Council of Australia
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- Marubeni Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Meralco Power Generation, Philippines
- Central Java Power - Indonesia
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- The University of Queensland
- Medco Energi Mining Internasional
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- Meenaskhi Energy Private Limited - India
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