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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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- Offshore Bulk Terminal Pte Ltd, Singapore
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- IEA Clean Coal Centre - UK
- IHS Mccloskey Coal Group - USA
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- Coastal Gujarat Power Limited - India
- Uttam Galva Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sical Logistics Limited - India
- Tata Chemicals Ltd - India
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- Sree Jayajothi Cements Limited - India
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- Metalloyd Limited - United Kingdom
- Goldman Sachs - Singapore
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- Billiton Holdings Pty Ltd - Australia
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- Holcim Trading Pte Ltd - Singapore
- Edison Trading Spa - Italy
- Minerals Council of Australia
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- Romanian Commodities Exchange
- Bulk Trading Sa - Switzerland
- Samtan Co., Ltd - South Korea
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- Petron Corporation, Philippines
- Port Waratah Coal Services - Australia
- Makarim & Taira - Indonesia
- Sindya Power Generating Company Private Ltd
- Meenaskhi Energy Private Limited - India
- Sojitz Corporation - Japan
- Kartika Selabumi Mining - Indonesia
- Aditya Birla Group - India
- PNOC Exploration Corporation - Philippines
- Planning Commission, India
- Essar Steel Hazira Ltd - India
- Ministry of Finance - Indonesia
- Formosa Plastics Group - Taiwan
- The University of Queensland
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- Ministry of Transport, Egypt
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- London Commodity Brokers - England
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- Energy Development Corp, Philippines
- Trasteel International SA, Italy
- The State Trading Corporation of India Ltd
- Australian Coal Association
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- SN Aboitiz Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Madhucon Powers Ltd - India
- Heidelberg Cement - Germany
- Merrill Lynch Commodities Europe
- Bangladesh Power Developement Board
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- New Zealand Coal & Carbon
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- Lanco Infratech Ltd - India
- Rio Tinto Coal - Australia
- Mercuria Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Wood Mackenzie - Singapore
- Orica Mining Services - Indonesia
- Ambuja Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- San Jose City I Power Corp, Philippines
- Bharathi Cement Corporation - India
- Jaiprakash Power Ventures ltd
- Independent Power Producers Association of India
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- GVK Power & Infra Limited - India
- Globalindo Alam Lestari - Indonesia
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- Thiess Contractors Indonesia
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- Mercator Lines Limited - India
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- Ind-Barath Power Infra Limited - India
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
- Electricity Generating Authority of Thailand
- Larsen & Toubro Limited - India
- Manunggal Multi Energi - Indonesia
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- Baramulti Group, Indonesia
- White Energy Company Limited
- Coal and Oil Company - UAE
- Anglo American - United Kingdom
- South Luzon Thermal Energy Corporation
- Parliament of New Zealand
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- CNBM International Corporation - China
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- Electricity Authority, New Zealand
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- Riau Bara Harum - Indonesia
- Standard Chartered Bank - UAE
- Rashtriya Ispat Nigam Limited - India
- Tamil Nadu electricity Board
- Bahari Cakrawala Sebuku - Indonesia
- Mintek Dendrill Indonesia
- Cement Manufacturers Association - India
- Indogreen Group - Indonesia
- Attock Cement Pakistan Limited
- Siam City Cement - Thailand
- LBH Netherlands Bv - Netherlands
- Binh Thuan Hamico - Vietnam
- Georgia Ports Authority, United States
- Global Business Power Corporation, Philippines
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- Altura Mining Limited, Indonesia
- Economic Council, Georgia
- SMC Global Power, Philippines
- Barasentosa Lestari - Indonesia
- Ministry of Mines - Canada
- Bukit Makmur.PT - Indonesia
- Australian Commodity Traders Exchange
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- Indonesian Coal Mining Association
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- Orica Australia Pty. Ltd.
- Thai Mozambique Logistica
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- Kapuas Tunggal Persada - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Oldendorff Carriers - Singapore
- Maheswari Brothers Coal Limited - India
- Africa Commodities Group - South Africa
- Pendopo Energi Batubara - Indonesia
- Global Coal Blending Company Limited - Australia
- Mjunction Services Limited - India
- SMG Consultants - Indonesia
- Singapore Mercantile Exchange
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- Cigading International Bulk Terminal - Indonesia
- Eastern Coal Council - USA
- Directorate General of MIneral and Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Indika Energy - Indonesia
- Interocean Group of Companies - India
- PowerSource Philippines DevCo
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Videocon Industries ltd - India
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- Wilmar Investment Holdings
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- Directorate Of Revenue Intelligence - India
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- Central Electricity Authority - India
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- Renaissance Capital - South Africa
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