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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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- Alfred C Toepfer International GmbH - Germany
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- Eastern Coal Council - USA
- Chamber of Mines of South Africa
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- Bukit Baiduri Energy - Indonesia
- Banpu Public Company Limited - Thailand
- India Bulls Power Limited - India
- Carbofer General Trading SA - India
- Petron Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Bhatia International Limited - India
- Ministry of Mines - Canada
- Renaissance Capital - South Africa
- Therma Luzon, Inc, Philippines
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- Gujarat Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Central Electricity Authority - India
- VISA Power Limited - India
- South Luzon Thermal Energy Corporation
- Interocean Group of Companies - India
- Siam City Cement PLC, Thailand
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- Deloitte Consulting - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- London Commodity Brokers - England
- Wood Mackenzie - Singapore
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- Planning Commission, India
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- Indonesian Coal Mining Association
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- Economic Council, Georgia
- Ind-Barath Power Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- MS Steel International - UAE
- Star Paper Mills Limited - India
- Leighton Contractors Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Oldendorff Carriers - Singapore
- Sindya Power Generating Company Private Ltd
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- Posco Energy - South Korea
- ASAPP Information Group - India
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- Toyota Tsusho Corporation, Japan
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- GMR Energy Limited - India
- Altura Mining Limited, Indonesia
- OPG Power Generation Pvt Ltd - India
- Ministry of Transport, Egypt
- Holcim Trading Pte Ltd - Singapore
- Singapore Mercantile Exchange
- McConnell Dowell - Australia
- The University of Queensland
- White Energy Company Limited
- Meenaskhi Energy Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Latin American Coal - Colombia
- New Zealand Coal & Carbon
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- Energy Link Ltd, New Zealand
- Price Waterhouse Coopers - Russia
- IHS Mccloskey Coal Group - USA
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- Sree Jayajothi Cements Limited - India
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aditya Birla Group - India
- Kaltim Prima Coal - Indonesia
- CNBM International Corporation - China
- SMG Consultants - Indonesia
- Energy Development Corp, Philippines
- Xindia Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tata Chemicals Ltd - India
- Edison Trading Spa - Italy
- Timah Investasi Mineral - Indoneisa
- Minerals Council of Australia
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- Sical Logistics Limited - India
- PowerSource Philippines DevCo
- Metalloyd Limited - United Kingdom
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- The Treasury - Australian Government
- Indian Oil Corporation Limited
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- Bayan Resources Tbk. - Indonesia
- Sojitz Corporation - Japan
- Straits Asia Resources Limited - Singapore
- Lanco Infratech Ltd - India
- Vedanta Resources Plc - India
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- Billiton Holdings Pty Ltd - Australia
- Romanian Commodities Exchange
- Africa Commodities Group - South Africa
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- Electricity Authority, New Zealand
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- Georgia Ports Authority, United States
- Thai Mozambique Logistica
- Indian Energy Exchange, India
- Bhoruka Overseas - Indonesia
- IEA Clean Coal Centre - UK
- Mjunction Services Limited - India
- Bulk Trading Sa - Switzerland
- Directorate General of MIneral and Coal - Indonesia
- Intertek Mineral Services - Indonesia
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- Coal and Oil Company - UAE
- Maharashtra Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Miang Besar Coal Terminal - Indonesia
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- Global Coal Blending Company Limited - Australia
- SMC Global Power, Philippines
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- Ministry of Finance - Indonesia
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- Independent Power Producers Association of India
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- Parliament of New Zealand
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- Eastern Energy - Thailand
- Central Java Power - Indonesia
- Kepco SPC Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Power Finance Corporation Ltd., India
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- Australian Coal Association
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