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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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- Global Green Power PLC Corporation, Philippines
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- Mercuria Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Australian Commodity Traders Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kartika Selabumi Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Standard Chartered Bank - UAE
- ASAPP Information Group - India
- Karaikal Port Pvt Ltd - India
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- Kumho Petrochemical, South Korea
- Pipit Mutiara Jaya. PT, Indonesia
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- PTC India Limited - India
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- Global Coal Blending Company Limited - Australia
- Lanco Infratech Ltd - India
- Therma Luzon, Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
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- Bharathi Cement Corporation - India
- MS Steel International - UAE
- Price Waterhouse Coopers - Russia
- Sojitz Corporation - Japan
- Mjunction Services Limited - India
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- Kaltim Prima Coal - Indonesia
- Port Waratah Coal Services - Australia
- Georgia Ports Authority, United States
- Cement Manufacturers Association - India
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- New Zealand Coal & Carbon
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- Trasteel International SA, Italy
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- Energy Link Ltd, New Zealand
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- Economic Council, Georgia
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- Goldman Sachs - Singapore
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- TNB Fuel Sdn Bhd - Malaysia
- Barasentosa Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Marubeni Corporation - India
- Makarim & Taira - Indonesia
- Mercator Lines Limited - India
- Sakthi Sugars Limited - India
- Indogreen Group - Indonesia
- Ministry of Mines - Canada
- European Bulk Services B.V. - Netherlands
- Indika Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Ministry of Finance - Indonesia
- Maheswari Brothers Coal Limited - India
- VISA Power Limited - India
- IHS Mccloskey Coal Group - USA
- Chamber of Mines of South Africa
- Singapore Mercantile Exchange
- Essar Steel Hazira Ltd - India
- Indian Oil Corporation Limited
- Banpu Public Company Limited - Thailand
- Carbofer General Trading SA - India
- Siam City Cement PLC, Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
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- Neyveli Lignite Corporation Ltd, - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Electricity Generating Authority of Thailand
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- Gujarat Sidhee Cement - India
- Kepco SPC Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
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- White Energy Company Limited
- SMG Consultants - Indonesia
- Minerals Council of Australia
- Holcim Trading Pte Ltd - Singapore
- IEA Clean Coal Centre - UK
- Bangladesh Power Developement Board
- San Jose City I Power Corp, Philippines
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Xindia Steels Limited - India
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mintek Dendrill Indonesia
- Straits Asia Resources Limited - Singapore
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- Coalindo Energy - Indonesia
- Africa Commodities Group - South Africa
- The University of Queensland
- The Treasury - Australian Government
- Australian Coal Association
- Oldendorff Carriers - Singapore
- Posco Energy - South Korea
- Rio Tinto Coal - Australia
- Central Electricity Authority - India
- Indo Tambangraya Megah - Indonesia
- Bhoruka Overseas - Indonesia
- India Bulls Power Limited - India
- Parliament of New Zealand
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- Wood Mackenzie - Singapore
- GAC Shipping (India) Pvt Ltd
- Electricity Authority, New Zealand
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- Thiess Contractors Indonesia
- Edison Trading Spa - Italy
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- Metalloyd Limited - United Kingdom
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- LBH Netherlands Bv - Netherlands
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- Ministry of Transport, Egypt
- Sree Jayajothi Cements Limited - India
- Planning Commission, India
- Commonwealth Bank - Australia
- Formosa Plastics Group - Taiwan
- Directorate General of MIneral and Coal - Indonesia
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- Energy Development Corp, Philippines
- Attock Cement Pakistan Limited
- Pendopo Energi Batubara - Indonesia
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