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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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- Tata Chemicals Ltd - India
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- Ind-Barath Power Infra Limited - India
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- Holcim Trading Pte Ltd - Singapore
- India Bulls Power Limited - India
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- Merrill Lynch Commodities Europe
- Port Waratah Coal Services - Australia
- IHS Mccloskey Coal Group - USA
- Planning Commission, India
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- Gujarat Sidhee Cement - India
- Marubeni Corporation - India
- Sakthi Sugars Limited - India
- Coalindo Energy - Indonesia
- ASAPP Information Group - India
- The University of Queensland
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- McConnell Dowell - Australia
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- Australian Commodity Traders Exchange
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- Orica Australia Pty. Ltd.
- Eastern Coal Council - USA
- TeaM Sual Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Carbofer General Trading SA - India
- Petrochimia International Co. Ltd.- Taiwan
- Parliament of New Zealand
- White Energy Company Limited
- Coal and Oil Company - UAE
- Central Electricity Authority - India
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- Africa Commodities Group - South Africa
- Jaiprakash Power Ventures ltd
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- Larsen & Toubro Limited - India
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- Kumho Petrochemical, South Korea
- Alfred C Toepfer International GmbH - Germany
- Banpu Public Company Limited - Thailand
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- Electricity Generating Authority of Thailand
- Sindya Power Generating Company Private Ltd
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- Bukit Makmur.PT - Indonesia
- Riau Bara Harum - Indonesia
- Attock Cement Pakistan Limited
- Rio Tinto Coal - Australia
- Rashtriya Ispat Nigam Limited - India
- Global Coal Blending Company Limited - Australia
- Ministry of Mines - Canada
- Pipit Mutiara Jaya. PT, Indonesia
- European Bulk Services B.V. - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Borneo Indobara - Indonesia
- Siam City Cement PLC, Thailand
- Sree Jayajothi Cements Limited - India
- Jindal Steel & Power Ltd - India
- Chettinad Cement Corporation Ltd - India
- Bangladesh Power Developement Board
- Energy Link Ltd, New Zealand
- Cement Manufacturers Association - India
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- Maharashtra Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Central Java Power - Indonesia
- Ministry of Finance - Indonesia
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- Kohat Cement Company Ltd. - Pakistan
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- IEA Clean Coal Centre - UK
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- Romanian Commodities Exchange
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- New Zealand Coal & Carbon
- Indian Oil Corporation Limited
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- Kaltim Prima Coal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bhoruka Overseas - Indonesia
- Commonwealth Bank - Australia
- Salva Resources Pvt Ltd - India
- Heidelberg Cement - Germany
- Directorate Of Revenue Intelligence - India
- Chamber of Mines of South Africa
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sojitz Corporation - Japan
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- Malabar Cements Ltd - India
- Ambuja Cements Ltd - India
- Madhucon Powers Ltd - India
- Energy Development Corp, Philippines
- Minerals Council of Australia
- Indika Energy - Indonesia
- VISA Power Limited - India
- Mintek Dendrill Indonesia
- Indonesian Coal Mining Association
- Price Waterhouse Coopers - Russia
- Global Business Power Corporation, Philippines
- Trasteel International SA, Italy
- Electricity Authority, New Zealand
- Kideco Jaya Agung - Indonesia
- LBH Netherlands Bv - Netherlands
- Economic Council, Georgia
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- Metalloyd Limited - United Kingdom
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- Singapore Mercantile Exchange
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- TNB Fuel Sdn Bhd - Malaysia
- Binh Thuan Hamico - Vietnam
- GMR Energy Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Goldman Sachs - Singapore
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