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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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- Bukit Makmur.PT - Indonesia
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- Ministry of Transport, Egypt
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- The University of Queensland
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- Meralco Power Generation, Philippines
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- Port Waratah Coal Services - Australia
- Alfred C Toepfer International GmbH - Germany
- Orica Mining Services - Indonesia
- Price Waterhouse Coopers - Russia
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- PNOC Exploration Corporation - Philippines
- Singapore Mercantile Exchange
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- Tata Chemicals Ltd - India
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- Renaissance Capital - South Africa
- Energy Development Corp, Philippines
- Economic Council, Georgia
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- Kideco Jaya Agung - Indonesia
- Banpu Public Company Limited - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PowerSource Philippines DevCo
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- Electricity Authority, New Zealand
- PTC India Limited - India
- San Jose City I Power Corp, Philippines
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- Indian Energy Exchange, India
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- Antam Resourcindo - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhushan Steel Limited - India
- Eastern Energy - Thailand
- Sojitz Corporation - Japan
- Siam City Cement - Thailand
- Eastern Coal Council - USA
- ASAPP Information Group - India
- Central Electricity Authority - India
- Straits Asia Resources Limited - Singapore
- Vedanta Resources Plc - India
- Indo Tambangraya Megah - Indonesia
- Heidelberg Cement - Germany
- Kaltim Prima Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Energy Link Ltd, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Anglo American - United Kingdom
- Grasim Industreis Ltd - India
- Altura Mining Limited, Indonesia
- Baramulti Group, Indonesia
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- Parliament of New Zealand
- Sical Logistics Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- IEA Clean Coal Centre - UK
- Wood Mackenzie - Singapore
- TeaM Sual Corporation - Philippines
- Xindia Steels Limited - India
- Ministry of Finance - Indonesia
- Indogreen Group - Indonesia
- Formosa Plastics Group - Taiwan
- OPG Power Generation Pvt Ltd - India
- Borneo Indobara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Meenaskhi Energy Private Limited - India
- Indika Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Oldendorff Carriers - Singapore
- Africa Commodities Group - South Africa
- Planning Commission, India
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- Dalmia Cement Bharat India
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- Aboitiz Power Corporation - Philippines
- London Commodity Brokers - England
- IHS Mccloskey Coal Group - USA
- Posco Energy - South Korea
- Carbofer General Trading SA - India
- Essar Steel Hazira Ltd - India
- ICICI Bank Limited - India
- Timah Investasi Mineral - Indoneisa
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
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- Interocean Group of Companies - India
- Petron Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Ambuja Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Commonwealth Bank - Australia
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- Directorate Of Revenue Intelligence - India
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- Indonesian Coal Mining Association
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- Australian Commodity Traders Exchange
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- Thiess Contractors Indonesia
- Aditya Birla Group - India
- Billiton Holdings Pty Ltd - Australia
- MS Steel International - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Sarangani Energy Corporation, Philippines
- Goldman Sachs - Singapore
- Gujarat Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- GMR Energy Limited - India
- Therma Luzon, Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Leighton Contractors Pty Ltd - Australia
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- Georgia Ports Authority, United States
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- Offshore Bulk Terminal Pte Ltd, Singapore
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- Minerals Council of Australia
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- Independent Power Producers Association of India
- Samtan Co., Ltd - South Korea
- Sree Jayajothi Cements Limited - India
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