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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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- The University of Queensland
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- Wilmar Investment Holdings
- IHS Mccloskey Coal Group - USA
- Ministry of Transport, Egypt
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- Leighton Contractors Pty Ltd - Australia
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- GN Power Mariveles Coal Plant, Philippines
- Essar Steel Hazira Ltd - India
- Simpson Spence & Young - Indonesia
- McConnell Dowell - Australia
- Renaissance Capital - South Africa
- Sindya Power Generating Company Private Ltd
- Bulk Trading Sa - Switzerland
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- International Coal Ventures Pvt Ltd - India
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- Australian Coal Association
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- Anglo American - United Kingdom
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- Meenaskhi Energy Private Limited - India
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- Miang Besar Coal Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
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- Eastern Coal Council - USA
- Energy Development Corp, Philippines
- Ministry of Mines - Canada
- White Energy Company Limited
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- Oldendorff Carriers - Singapore
- Standard Chartered Bank - UAE
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Ministry of Finance - Indonesia
- Videocon Industries ltd - India
- Gujarat Electricity Regulatory Commission - India
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- Posco Energy - South Korea
- TeaM Sual Corporation - Philippines
- Siam City Cement - Thailand
- Commonwealth Bank - Australia
- Binh Thuan Hamico - Vietnam
- Bukit Baiduri Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
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- Kaltim Prima Coal - Indonesia
- Indian Energy Exchange, India
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- Tamil Nadu electricity Board
- Merrill Lynch Commodities Europe
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- Salva Resources Pvt Ltd - India
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- GAC Shipping (India) Pvt Ltd
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- Kalimantan Lumbung Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Georgia Ports Authority, United States
- Central Electricity Authority - India
- ASAPP Information Group - India
- Samtan Co., Ltd - South Korea
- Mercator Lines Limited - India
- Deloitte Consulting - India
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- Toyota Tsusho Corporation, Japan
- Kapuas Tunggal Persada - Indonesia
- IEA Clean Coal Centre - UK
- Wood Mackenzie - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Interocean Group of Companies - India
- GMR Energy Limited - India
- Kartika Selabumi Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Attock Cement Pakistan Limited
- Baramulti Group, Indonesia
- Bhatia International Limited - India
- CIMB Investment Bank - Malaysia
- Bangladesh Power Developement Board
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- European Bulk Services B.V. - Netherlands
- Global Green Power PLC Corporation, Philippines
- Jindal Steel & Power Ltd - India
- CNBM International Corporation - China
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- Metalloyd Limited - United Kingdom
- Trasteel International SA, Italy
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- Parry Sugars Refinery, India
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- MS Steel International - UAE
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- Latin American Coal - Colombia
- Siam City Cement PLC, Thailand
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- Goldman Sachs - Singapore
- Intertek Mineral Services - Indonesia
- Dalmia Cement Bharat India
- Africa Commodities Group - South Africa
- Sinarmas Energy and Mining - Indonesia
- Star Paper Mills Limited - India
- Sojitz Corporation - Japan
- Bharathi Cement Corporation - India
- Mjunction Services Limited - India
- Vijayanagar Sugar Pvt Ltd - India
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- Manunggal Multi Energi - Indonesia
- Port Waratah Coal Services - Australia
- Lanco Infratech Ltd - India
- Edison Trading Spa - Italy
- India Bulls Power Limited - India
- Coal and Oil Company - UAE
- The State Trading Corporation of India Ltd
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- Global Business Power Corporation, Philippines
- VISA Power Limited - India
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- The Treasury - Australian Government
- Orica Australia Pty. Ltd.
- Xindia Steels Limited - India
- Agrawal Coal Company - India
- Ceylon Electricity Board - Sri Lanka
- Cigading International Bulk Terminal - Indonesia
- Sakthi Sugars Limited - India
- Indo Tambangraya Megah - Indonesia
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- Economic Council, Georgia
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- ICICI Bank Limited - India
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- Alfred C Toepfer International GmbH - Germany
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