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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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- International Coal Ventures Pvt Ltd - India
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- Chamber of Mines of South Africa
- Indo Tambangraya Megah - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Altura Mining Limited, Indonesia
- Kobexindo Tractors - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Mercuria Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Larsen & Toubro Limited - India
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- Rashtriya Ispat Nigam Limited - India
- Tamil Nadu electricity Board
- McConnell Dowell - Australia
- Bulk Trading Sa - Switzerland
- Deloitte Consulting - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Bhoruka Overseas - Indonesia
- Oldendorff Carriers - Singapore
- Intertek Mineral Services - Indonesia
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- Power Finance Corporation Ltd., India
- Billiton Holdings Pty Ltd - Australia
- ASAPP Information Group - India
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- Gujarat Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Sakthi Sugars Limited - India
- PTC India Limited - India
- Indogreen Group - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Petron Corporation, Philippines
- Ambuja Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- CNBM International Corporation - China
- Posco Energy - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Renaissance Capital - South Africa
- London Commodity Brokers - England
- The University of Queensland
- Binh Thuan Hamico - Vietnam
- Bayan Resources Tbk. - Indonesia
- Anglo American - United Kingdom
- Attock Cement Pakistan Limited
- Siam City Cement PLC, Thailand
- Thiess Contractors Indonesia
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- Australian Coal Association
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- IHS Mccloskey Coal Group - USA
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- European Bulk Services B.V. - Netherlands
- Energy Development Corp, Philippines
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- Trasteel International SA, Italy
- Sical Logistics Limited - India
- Agrawal Coal Company - India
- Kapuas Tunggal Persada - Indonesia
- Sojitz Corporation - Japan
- Straits Asia Resources Limited - Singapore
- Merrill Lynch Commodities Europe
- Chettinad Cement Corporation Ltd - India
- Globalindo Alam Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
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- Marubeni Corporation - India
- LBH Netherlands Bv - Netherlands
- ICICI Bank Limited - India
- Georgia Ports Authority, United States
- Riau Bara Harum - Indonesia
- Meenaskhi Energy Private Limited - India
- Interocean Group of Companies - India
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- Karbindo Abesyapradhi - Indoneisa
- Directorate Of Revenue Intelligence - India
- GAC Shipping (India) Pvt Ltd
- Port Waratah Coal Services - Australia
- Ministry of Mines - Canada
- India Bulls Power Limited - India
- White Energy Company Limited
- Electricity Authority, New Zealand
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- Vedanta Resources Plc - India
- Romanian Commodities Exchange
- Singapore Mercantile Exchange
- Independent Power Producers Association of India
- Medco Energi Mining Internasional
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- VISA Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
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- Samtan Co., Ltd - South Korea
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- Baramulti Group, Indonesia
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Kohat Cement Company Ltd. - Pakistan
- Indonesian Coal Mining Association
- Bhatia International Limited - India
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- Salva Resources Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- Makarim & Taira - Indonesia
- Energy Link Ltd, New Zealand
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- Orica Australia Pty. Ltd.
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- Toyota Tsusho Corporation, Japan
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- Coal and Oil Company - UAE
- Kumho Petrochemical, South Korea
- Siam City Cement - Thailand
- Leighton Contractors Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Bangladesh Power Developement Board
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- Electricity Generating Authority of Thailand
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- Global Green Power PLC Corporation, Philippines
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- Minerals Council of Australia
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- Manunggal Multi Energi - Indonesia
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- SMC Global Power, Philippines
- Parliament of New Zealand
- Planning Commission, India
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Goldman Sachs - Singapore
- Bhushan Steel Limited - India
- Kideco Jaya Agung - Indonesia
- Mintek Dendrill Indonesia
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- Indian Energy Exchange, India
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- Ceylon Electricity Board - Sri Lanka
- Bukit Baiduri Energy - Indonesia
- TeaM Sual Corporation - Philippines
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- Ministry of Finance - Indonesia
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- Banpu Public Company Limited - Thailand
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