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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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- Sree Jayajothi Cements Limited - India
- Economic Council, Georgia
- Energy Link Ltd, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Coalindo Energy - Indonesia
- Renaissance Capital - South Africa
- Maheswari Brothers Coal Limited - India
- Cigading International Bulk Terminal - Indonesia
- ASAPP Information Group - India
- TeaM Sual Corporation - Philippines
- Posco Energy - South Korea
- MS Steel International - UAE
- Riau Bara Harum - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Larsen & Toubro Limited - India
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- Metalloyd Limited - United Kingdom
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- South Luzon Thermal Energy Corporation
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- Energy Development Corp, Philippines
- Latin American Coal - Colombia
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- Bahari Cakrawala Sebuku - Indonesia
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- Bhoruka Overseas - Indonesia
- Simpson Spence & Young - Indonesia
- Minerals Council of Australia
- Planning Commission, India
- Rio Tinto Coal - Australia
- Bangladesh Power Developement Board
- Cement Manufacturers Association - India
- New Zealand Coal & Carbon
- San Jose City I Power Corp, Philippines
- Independent Power Producers Association of India
- Australian Commodity Traders Exchange
- Mercator Lines Limited - India
- European Bulk Services B.V. - Netherlands
- Sarangani Energy Corporation, Philippines
- Kumho Petrochemical, South Korea
- GAC Shipping (India) Pvt Ltd
- Goldman Sachs - Singapore
- McConnell Dowell - Australia
- White Energy Company Limited
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- Sojitz Corporation - Japan
- Meralco Power Generation, Philippines
- Indian Oil Corporation Limited
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- Gujarat Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- The State Trading Corporation of India Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IEA Clean Coal Centre - UK
- Africa Commodities Group - South Africa
- Wood Mackenzie - Singapore
- Indian Energy Exchange, India
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
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- Neyveli Lignite Corporation Ltd, - India
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- Tata Chemicals Ltd - India
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- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- Commonwealth Bank - Australia
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- International Coal Ventures Pvt Ltd - India
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- Kohat Cement Company Ltd. - Pakistan
- Samtan Co., Ltd - South Korea
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- Sinarmas Energy and Mining - Indonesia
- Trasteel International SA, Italy
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- The University of Queensland
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- Kalimantan Lumbung Energi - Indonesia
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- Baramulti Group, Indonesia
- Manunggal Multi Energi - Indonesia
- Georgia Ports Authority, United States
- Ministry of Finance - Indonesia
- SMG Consultants - Indonesia
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- Savvy Resources Ltd - HongKong
- Coal and Oil Company - UAE
- Thiess Contractors Indonesia
- Medco Energi Mining Internasional
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Aditya Birla Group - India
- Ceylon Electricity Board - Sri Lanka
- Thai Mozambique Logistica
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- Oldendorff Carriers - Singapore
- Edison Trading Spa - Italy
- Videocon Industries ltd - India
- Gujarat Sidhee Cement - India
- Kaltim Prima Coal - Indonesia
- Eastern Coal Council - USA
- TNB Fuel Sdn Bhd - Malaysia
- Parliament of New Zealand
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- LBH Netherlands Bv - Netherlands
- Salva Resources Pvt Ltd - India
- Ministry of Mines - Canada
- London Commodity Brokers - England
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- Altura Mining Limited, Indonesia
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- Antam Resourcindo - Indonesia
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