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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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- Krishnapatnam Port Company Ltd. - India
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- White Energy Company Limited
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- Cement Manufacturers Association - India
- SN Aboitiz Power Inc, Philippines
- ASAPP Information Group - India
- Banpu Public Company Limited - Thailand
- Economic Council, Georgia
- Ind-Barath Power Infra Limited - India
- Central Java Power - Indonesia
- Directorate Of Revenue Intelligence - India
- Commonwealth Bank - Australia
- Indian Oil Corporation Limited
- Trasteel International SA, Italy
- Toyota Tsusho Corporation, Japan
- Standard Chartered Bank - UAE
- Semirara Mining Corp, Philippines
- Goldman Sachs - Singapore
- Thai Mozambique Logistica
- GMR Energy Limited - India
- Intertek Mineral Services - Indonesia
- Interocean Group of Companies - India
- Bukit Makmur.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- The Treasury - Australian Government
- Globalindo Alam Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Wood Mackenzie - Singapore
- PowerSource Philippines DevCo
- Antam Resourcindo - Indonesia
- VISA Power Limited - India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Singapore Mercantile Exchange
- Xindia Steels Limited - India
- Sical Logistics Limited - India
- Global Green Power PLC Corporation, Philippines
- IEA Clean Coal Centre - UK
- The State Trading Corporation of India Ltd
- Grasim Industreis Ltd - India
- Manunggal Multi Energi - Indonesia
- Ambuja Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Finance - Indonesia
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- Mjunction Services Limited - India
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- Gujarat Sidhee Cement - India
- PTC India Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tata Chemicals Ltd - India
- Eastern Energy - Thailand
- Parry Sugars Refinery, India
- Bukit Baiduri Energy - Indonesia
- Bharathi Cement Corporation - India
- Georgia Ports Authority, United States
- Energy Development Corp, Philippines
- McConnell Dowell - Australia
- LBH Netherlands Bv - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Minerals Council of Australia
- Ceylon Electricity Board - Sri Lanka
- Eastern Coal Council - USA
- Petron Corporation, Philippines
- Siam City Cement PLC, Thailand
- Cigading International Bulk Terminal - Indonesia
- Orica Mining Services - Indonesia
- Australian Commodity Traders Exchange
- New Zealand Coal & Carbon
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- Therma Luzon, Inc, Philippines
- Coalindo Energy - Indonesia
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- Tamil Nadu electricity Board
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- Global Coal Blending Company Limited - Australia
- Karbindo Abesyapradhi - Indoneisa
- Australian Coal Association
- Merrill Lynch Commodities Europe
- TNB Fuel Sdn Bhd - Malaysia
- Indonesian Coal Mining Association
- Kideco Jaya Agung - Indonesia
- Mercuria Energy - Indonesia
- Edison Trading Spa - Italy
- Romanian Commodities Exchange
- Parliament of New Zealand
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- Uttam Galva Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
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- Planning Commission, India
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- Metalloyd Limited - United Kingdom
- SMG Consultants - Indonesia
- SMC Global Power, Philippines
- Sojitz Corporation - Japan
- Riau Bara Harum - Indonesia
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- Kartika Selabumi Mining - Indonesia
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- MS Steel International - UAE
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- OPG Power Generation Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Ministry of Transport, Egypt
- Madhucon Powers Ltd - India
- Bhoruka Overseas - Indonesia
- Siam City Cement - Thailand
- Leighton Contractors Pty Ltd - Australia
- Baramulti Group, Indonesia
- India Bulls Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thiess Contractors Indonesia
- Africa Commodities Group - South Africa
- Timah Investasi Mineral - Indoneisa
- CNBM International Corporation - China
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- Rashtriya Ispat Nigam Limited - India
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- Global Business Power Corporation, Philippines
- Electricity Authority, New Zealand
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- Aboitiz Power Corporation - Philippines
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- Maheswari Brothers Coal Limited - India
- San Jose City I Power Corp, Philippines
- Port Waratah Coal Services - Australia
- Alfred C Toepfer International GmbH - Germany
- Latin American Coal - Colombia
- Pendopo Energi Batubara - Indonesia
- Chamber of Mines of South Africa
- Ministry of Mines - Canada
- European Bulk Services B.V. - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Indian Energy Exchange, India
- Aditya Birla Group - India
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- Malabar Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Energy Link Ltd, New Zealand
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- Price Waterhouse Coopers - Russia
- Petrochimia International Co. Ltd.- Taiwan
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