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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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- Alfred C Toepfer International GmbH - Germany
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- AsiaOL BioFuels Corp., Philippines
- Baramulti Group, Indonesia
- Madhucon Powers Ltd - India
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- TNB Fuel Sdn Bhd - Malaysia
- Singapore Mercantile Exchange
- Ind-Barath Power Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Africa Commodities Group - South Africa
- CIMB Investment Bank - Malaysia
- New Zealand Coal & Carbon
- Formosa Plastics Group - Taiwan
- Semirara Mining and Power Corporation, Philippines
- Interocean Group of Companies - India
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- Minerals Council of Australia
- Romanian Commodities Exchange
- Sojitz Corporation - Japan
- Chettinad Cement Corporation Ltd - India
- Dalmia Cement Bharat India
- Bhushan Steel Limited - India
- Neyveli Lignite Corporation Ltd, - India
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- Pipit Mutiara Jaya. PT, Indonesia
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- Indian Energy Exchange, India
- The University of Queensland
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- Straits Asia Resources Limited - Singapore
- Directorate Of Revenue Intelligence - India
- Pendopo Energi Batubara - Indonesia
- Siam City Cement PLC, Thailand
- Metalloyd Limited - United Kingdom
- Meenaskhi Energy Private Limited - India
- Sakthi Sugars Limited - India
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- Bulk Trading Sa - Switzerland
- VISA Power Limited - India
- Timah Investasi Mineral - Indoneisa
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Edison Trading Spa - Italy
- Bhoruka Overseas - Indonesia
- Star Paper Mills Limited - India
- Altura Mining Limited, Indonesia
- Ministry of Mines - Canada
- Jaiprakash Power Ventures ltd
- Meralco Power Generation, Philippines
- ASAPP Information Group - India
- CNBM International Corporation - China
- Bangladesh Power Developement Board
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- Anglo American - United Kingdom
- Vedanta Resources Plc - India
- TeaM Sual Corporation - Philippines
- Thai Mozambique Logistica
- Bharathi Cement Corporation - India
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- Australian Coal Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Kohat Cement Company Ltd. - Pakistan
- European Bulk Services B.V. - Netherlands
- Rashtriya Ispat Nigam Limited - India
- India Bulls Power Limited - India
- Commonwealth Bank - Australia
- SMC Global Power, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Banpu Public Company Limited - Thailand
- PTC India Limited - India
- Electricity Generating Authority of Thailand
- Renaissance Capital - South Africa
- Sarangani Energy Corporation, Philippines
- Kumho Petrochemical, South Korea
- Chamber of Mines of South Africa
- Binh Thuan Hamico - Vietnam
- Wilmar Investment Holdings
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tamil Nadu electricity Board
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- White Energy Company Limited
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- Energy Development Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Aditya Birla Group - India
- Energy Link Ltd, New Zealand
- IEA Clean Coal Centre - UK
- Bukit Asam (Persero) Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Larsen & Toubro Limited - India
- Goldman Sachs - Singapore
- PNOC Exploration Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
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- Rio Tinto Coal - Australia
- Kaltim Prima Coal - Indonesia
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- San Jose City I Power Corp, Philippines
- Grasim Industreis Ltd - India
- Parliament of New Zealand
- Leighton Contractors Pty Ltd - Australia
- Parry Sugars Refinery, India
- Port Waratah Coal Services - Australia
- Tata Chemicals Ltd - India
- Bukit Makmur.PT - Indonesia
- Thiess Contractors Indonesia
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- PetroVietnam Power Coal Import and Supply Company
- Ministry of Transport, Egypt
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- Indian Oil Corporation Limited
- Wood Mackenzie - Singapore
- Mercator Lines Limited - India
- Gujarat Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Ceylon Electricity Board - Sri Lanka
- Billiton Holdings Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- The State Trading Corporation of India Ltd
- The Treasury - Australian Government
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- Eastern Energy - Thailand
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- Economic Council, Georgia
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ambuja Cements Ltd - India
- Coalindo Energy - Indonesia
- Independent Power Producers Association of India
- Samtan Co., Ltd - South Korea
- MS Steel International - UAE
- Sree Jayajothi Cements Limited - India
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