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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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- Agrawal Coal Company - India
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- PetroVietnam Power Coal Import and Supply Company
- Parry Sugars Refinery, India
- Meenaskhi Energy Private Limited - India
- Minerals Council of Australia
- Australian Coal Association
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- Indo Tambangraya Megah - Indonesia
- Samtan Co., Ltd - South Korea
- Ministry of Transport, Egypt
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- Deloitte Consulting - India
- Kaltim Prima Coal - Indonesia
- Kumho Petrochemical, South Korea
- SMG Consultants - Indonesia
- Standard Chartered Bank - UAE
- Pendopo Energi Batubara - Indonesia
- Aboitiz Power Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
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- TeaM Sual Corporation - Philippines
- New Zealand Coal & Carbon
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- Cement Manufacturers Association - India
- Medco Energi Mining Internasional
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- Iligan Light & Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- The Treasury - Australian Government
- Wilmar Investment Holdings
- Mercuria Energy - Indonesia
- Singapore Mercantile Exchange
- Carbofer General Trading SA - India
- Semirara Mining and Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Binh Thuan Hamico - Vietnam
- Globalindo Alam Lestari - Indonesia
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Sarangani Energy Corporation, Philippines
- Economic Council, Georgia
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- Eastern Coal Council - USA
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- Goldman Sachs - Singapore
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- Sakthi Sugars Limited - India
- Price Waterhouse Coopers - Russia
- SN Aboitiz Power Inc, Philippines
- PowerSource Philippines DevCo
- Formosa Plastics Group - Taiwan
- Ind-Barath Power Infra Limited - India
- Anglo American - United Kingdom
- Global Coal Blending Company Limited - Australia
- Straits Asia Resources Limited - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Lanco Infratech Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Bayan Resources Tbk. - Indonesia
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- International Coal Ventures Pvt Ltd - India
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- Latin American Coal - Colombia
- Indogreen Group - Indonesia
- IHS Mccloskey Coal Group - USA
- Oldendorff Carriers - Singapore
- Metalloyd Limited - United Kingdom
- PTC India Limited - India
- Gujarat Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bangladesh Power Developement Board
- GN Power Mariveles Coal Plant, Philippines
- The University of Queensland
- Sindya Power Generating Company Private Ltd
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- Directorate Of Revenue Intelligence - India
- Orica Mining Services - Indonesia
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- Manunggal Multi Energi - Indonesia
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- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Makarim & Taira - Indonesia
- Siam City Cement - Thailand
- VISA Power Limited - India
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- India Bulls Power Limited - India
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- London Commodity Brokers - England
- Ceylon Electricity Board - Sri Lanka
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- Meralco Power Generation, Philippines
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- Commonwealth Bank - Australia
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- Indonesian Coal Mining Association
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- South Luzon Thermal Energy Corporation
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- Rashtriya Ispat Nigam Limited - India
- Edison Trading Spa - Italy
- Miang Besar Coal Terminal - Indonesia
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- Coal and Oil Company - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Rio Tinto Coal - Australia
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- Eastern Energy - Thailand
- Kalimantan Lumbung Energi - Indonesia
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- Petron Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
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- Electricity Authority, New Zealand
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- Timah Investasi Mineral - Indoneisa
- Indian Oil Corporation Limited
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- Ministry of Mines - Canada
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- Bulk Trading Sa - Switzerland
- Savvy Resources Ltd - HongKong
- Chamber of Mines of South Africa
- Planning Commission, India
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- Bhoruka Overseas - Indonesia
- Simpson Spence & Young - Indonesia
- Siam City Cement PLC, Thailand
- MS Steel International - UAE
- Star Paper Mills Limited - India
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- Parliament of New Zealand
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