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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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- Power Finance Corporation Ltd., India
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- Cigading International Bulk Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- ICICI Bank Limited - India
- Directorate Of Revenue Intelligence - India
- Central Java Power - Indonesia
- Standard Chartered Bank - UAE
- Thai Mozambique Logistica
- The Treasury - Australian Government
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- Mjunction Services Limited - India
- Petron Corporation, Philippines
- Star Paper Mills Limited - India
- Lanco Infratech Ltd - India
- IEA Clean Coal Centre - UK
- Gujarat Sidhee Cement - India
- Makarim & Taira - Indonesia
- IHS Mccloskey Coal Group - USA
- Trasteel International SA, Italy
- Billiton Holdings Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- Indian Energy Exchange, India
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- Indika Energy - Indonesia
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- Chamber of Mines of South Africa
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- Directorate General of MIneral and Coal - Indonesia
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- Kideco Jaya Agung - Indonesia
- Global Green Power PLC Corporation, Philippines
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- Aditya Birla Group - India
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- Singapore Mercantile Exchange
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- Karbindo Abesyapradhi - Indoneisa
- The University of Queensland
- Kumho Petrochemical, South Korea
- Banpu Public Company Limited - Thailand
- Binh Thuan Hamico - Vietnam
- Meenaskhi Energy Private Limited - India
- PowerSource Philippines DevCo
- Sojitz Corporation - Japan
- Tata Chemicals Ltd - India
- Australian Coal Association
- Latin American Coal - Colombia
- White Energy Company Limited
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- Ceylon Electricity Board - Sri Lanka
- Independent Power Producers Association of India
- Holcim Trading Pte Ltd - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Bhatia International Limited - India
- Bulk Trading Sa - Switzerland
- Wood Mackenzie - Singapore
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- Energy Development Corp, Philippines
- Riau Bara Harum - Indonesia
- GVK Power & Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Merrill Lynch Commodities Europe
- Videocon Industries ltd - India
- Electricity Generating Authority of Thailand
- Anglo American - United Kingdom
- Tamil Nadu electricity Board
- PNOC Exploration Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Energy Link Ltd, New Zealand
- MS Steel International - UAE
- OPG Power Generation Pvt Ltd - India
- London Commodity Brokers - England
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- New Zealand Coal & Carbon
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- Electricity Authority, New Zealand
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- Kepco SPC Power Corporation, Philippines
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- Bhoruka Overseas - Indonesia
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- Parliament of New Zealand
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- South Luzon Thermal Energy Corporation
- Vedanta Resources Plc - India
- LBH Netherlands Bv - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Sarangani Energy Corporation, Philippines
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- Eastern Coal Council - USA
- Price Waterhouse Coopers - Russia
- Intertek Mineral Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Grasim Industreis Ltd - India
- VISA Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Carbofer General Trading SA - India
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- Central Electricity Authority - India
- Bangladesh Power Developement Board
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- Aboitiz Power Corporation - Philippines
- Bhushan Steel Limited - India
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- Miang Besar Coal Terminal - Indonesia
- Larsen & Toubro Limited - India
- Bahari Cakrawala Sebuku - Indonesia
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- Indonesian Coal Mining Association
- Eastern Energy - Thailand
- Indo Tambangraya Megah - Indonesia
- Toyota Tsusho Corporation, Japan
- Kapuas Tunggal Persada - Indonesia
- Minerals Council of Australia
- Deloitte Consulting - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Coal and Oil Company - UAE
- Goldman Sachs - Singapore
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- Australian Commodity Traders Exchange
- Heidelberg Cement - Germany
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- Petrochimia International Co. Ltd.- Taiwan
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- PTC India Limited - India
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- Edison Trading Spa - Italy
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- Leighton Contractors Pty Ltd - Australia
- Baramulti Group, Indonesia
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- Global Coal Blending Company Limited - Australia
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- India Bulls Power Limited - India
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