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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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- Romanian Commodities Exchange
- Posco Energy - South Korea
- The Treasury - Australian Government
- Thiess Contractors Indonesia
- Economic Council, Georgia
- Sarangani Energy Corporation, Philippines
- Electricity Generating Authority of Thailand
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- Ministry of Transport, Egypt
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- India Bulls Power Limited - India
- The University of Queensland
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- Straits Asia Resources Limited - Singapore
- Parliament of New Zealand
- Sinarmas Energy and Mining - Indonesia
- Commonwealth Bank - Australia
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- Kepco SPC Power Corporation, Philippines
- Anglo American - United Kingdom
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- Therma Luzon, Inc, Philippines
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- Standard Chartered Bank - UAE
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- New Zealand Coal & Carbon
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- SMC Global Power, Philippines
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- Rashtriya Ispat Nigam Limited - India
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- Australian Commodity Traders Exchange
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- Indogreen Group - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ambuja Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Star Paper Mills Limited - India
- Antam Resourcindo - Indonesia
- IHS Mccloskey Coal Group - USA
- Asmin Koalindo Tuhup - Indonesia
- Pendopo Energi Batubara - Indonesia
- Indian Energy Exchange, India
- Larsen & Toubro Limited - India
- Indonesian Coal Mining Association
- Edison Trading Spa - Italy
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- Orica Mining Services - Indonesia
- Kumho Petrochemical, South Korea
- Ministry of Mines - Canada
- Mercator Lines Limited - India
- PTC India Limited - India
- Australian Coal Association
- Iligan Light & Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Bangladesh Power Developement Board
- Wood Mackenzie - Singapore
- GAC Shipping (India) Pvt Ltd
- SMG Consultants - Indonesia
- White Energy Company Limited
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- Bukit Baiduri Energy - Indonesia
- Intertek Mineral Services - Indonesia
- ASAPP Information Group - India
- CIMB Investment Bank - Malaysia
- Energy Link Ltd, New Zealand
- The State Trading Corporation of India Ltd
- Tamil Nadu electricity Board
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- Madhucon Powers Ltd - India
- Vizag Seaport Private Limited - India
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- Gujarat Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- Eastern Coal Council - USA
- Jindal Steel & Power Ltd - India
- Meenaskhi Energy Private Limited - India
- Chamber of Mines of South Africa
- McConnell Dowell - Australia
- Rio Tinto Coal - Australia
- Port Waratah Coal Services - Australia
- Orica Australia Pty. Ltd.
- London Commodity Brokers - England
- GVK Power & Infra Limited - India
- Chettinad Cement Corporation Ltd - India
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- Binh Thuan Hamico - Vietnam
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- Toyota Tsusho Corporation, Japan
- MS Steel International - UAE
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- Planning Commission, India
- Globalindo Alam Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kapuas Tunggal Persada - Indonesia
- Jaiprakash Power Ventures ltd
- Metalloyd Limited - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- Mintek Dendrill Indonesia
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- Agrawal Coal Company - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Meralco Power Generation, Philippines
- European Bulk Services B.V. - Netherlands
- Savvy Resources Ltd - HongKong
- Indika Energy - Indonesia
- Africa Commodities Group - South Africa
- Xindia Steels Limited - India
- Indo Tambangraya Megah - Indonesia
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- Parry Sugars Refinery, India
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement PLC, Thailand
- Semirara Mining Corp, Philippines
- Electricity Authority, New Zealand
- Sical Logistics Limited - India
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- Ministry of Finance - Indonesia
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- Minerals Council of Australia
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- Timah Investasi Mineral - Indoneisa
- Grasim Industreis Ltd - India
- Directorate General of MIneral and Coal - Indonesia
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