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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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- Neyveli Lignite Corporation Ltd, - India
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- Meenaskhi Energy Private Limited - India
- Bukit Makmur.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- Indogreen Group - Indonesia
- South Luzon Thermal Energy Corporation
- Minerals Council of Australia
- Chamber of Mines of South Africa
- Indian Oil Corporation Limited
- Global Coal Blending Company Limited - Australia
- PowerSource Philippines DevCo
- Electricity Authority, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Lanco Infratech Ltd - India
- IEA Clean Coal Centre - UK
- Leighton Contractors Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Eastern Energy - Thailand
- Maheswari Brothers Coal Limited - India
- SN Aboitiz Power Inc, Philippines
- Grasim Industreis Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Merrill Lynch Commodities Europe
- Sakthi Sugars Limited - India
- Parliament of New Zealand
- Samtan Co., Ltd - South Korea
- Standard Chartered Bank - UAE
- The University of Queensland
- Singapore Mercantile Exchange
- Renaissance Capital - South Africa
- Directorate General of MIneral and Coal - Indonesia
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- Price Waterhouse Coopers - Russia
- Maharashtra Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
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- Holcim Trading Pte Ltd - Singapore
- White Energy Company Limited
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- Indian Energy Exchange, India
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- Toyota Tsusho Corporation, Japan
- Intertek Mineral Services - Indonesia
- Altura Mining Limited, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Manunggal Multi Energi - Indonesia
- Thiess Contractors Indonesia
- Bhatia International Limited - India
- Global Business Power Corporation, Philippines
- Sojitz Corporation - Japan
- The Treasury - Australian Government
- Wilmar Investment Holdings
- Eastern Coal Council - USA
- PTC India Limited - India
- London Commodity Brokers - England
- International Coal Ventures Pvt Ltd - India
- McConnell Dowell - Australia
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kapuas Tunggal Persada - Indonesia
- Videocon Industries ltd - India
- Wood Mackenzie - Singapore
- Jaiprakash Power Ventures ltd
- Dalmia Cement Bharat India
- Deloitte Consulting - India
- Africa Commodities Group - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Orica Australia Pty. Ltd.
- Agrawal Coal Company - India
- Rio Tinto Coal - Australia
- Kartika Selabumi Mining - Indonesia
- PNOC Exploration Corporation - Philippines
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- Electricity Generating Authority of Thailand
- Kaltim Prima Coal - Indonesia
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Sidhee Cement - India
- SMC Global Power, Philippines
- Georgia Ports Authority, United States
- Alfred C Toepfer International GmbH - Germany
- GMR Energy Limited - India
- Bulk Trading Sa - Switzerland
- Borneo Indobara - Indonesia
- Ind-Barath Power Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- Semirara Mining Corp, Philippines
- Central Electricity Authority - India
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- Therma Luzon, Inc, Philippines
- Straits Asia Resources Limited - Singapore
- IHS Mccloskey Coal Group - USA
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- CNBM International Corporation - China
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- Simpson Spence & Young - Indonesia
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- ICICI Bank Limited - India
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- Asmin Koalindo Tuhup - Indonesia
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- Indonesian Coal Mining Association
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- The State Trading Corporation of India Ltd
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- Energy Link Ltd, New Zealand
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- Planning Commission, India
- Xindia Steels Limited - India
- Energy Development Corp, Philippines
- Vedanta Resources Plc - India
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- Australian Commodity Traders Exchange
- Salva Resources Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Ministry of Mines - Canada
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- LBH Netherlands Bv - Netherlands
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- Bharathi Cement Corporation - India
- Ministry of Finance - Indonesia
- Krishnapatnam Port Company Ltd. - India
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- Siam City Cement PLC, Thailand
- Kalimantan Lumbung Energi - Indonesia
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- Bhoruka Overseas - Indonesia
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