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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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- Attock Cement Pakistan Limited
- SMG Consultants - Indonesia
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- Semirara Mining Corp, Philippines
- Altura Mining Limited, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Binh Thuan Hamico - Vietnam
- Riau Bara Harum - Indonesia
- Madhucon Powers Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Toyota Tsusho Corporation, Japan
- Price Waterhouse Coopers - Russia
- Pipit Mutiara Jaya. PT, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Business Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Indonesian Coal Mining Association
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- PNOC Exploration Corporation - Philippines
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- Eastern Coal Council - USA
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- Heidelberg Cement - Germany
- Electricity Authority, New Zealand
- Economic Council, Georgia
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- Indogreen Group - Indonesia
- GMR Energy Limited - India
- Pendopo Energi Batubara - Indonesia
- Star Paper Mills Limited - India
- Chamber of Mines of South Africa
- TNB Fuel Sdn Bhd - Malaysia
- PowerSource Philippines DevCo
- Asmin Koalindo Tuhup - Indonesia
- Carbofer General Trading SA - India
- Independent Power Producers Association of India
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- Barasentosa Lestari - Indonesia
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- Parliament of New Zealand
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- Karbindo Abesyapradhi - Indoneisa
- Ministry of Finance - Indonesia
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- Georgia Ports Authority, United States
- Sinarmas Energy and Mining - Indonesia
- Sojitz Corporation - Japan
- Global Coal Blending Company Limited - Australia
- The University of Queensland
- Latin American Coal - Colombia
- London Commodity Brokers - England
- Ministry of Transport, Egypt
- IEA Clean Coal Centre - UK
- Bahari Cakrawala Sebuku - Indonesia
- Lanco Infratech Ltd - India
- Cement Manufacturers Association - India
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- Wood Mackenzie - Singapore
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- Indian Oil Corporation Limited
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- Bukit Makmur.PT - Indonesia
- Therma Luzon, Inc, Philippines
- Standard Chartered Bank - UAE
- White Energy Company Limited
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- Planning Commission, India
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- Merrill Lynch Commodities Europe
- Gujarat Mineral Development Corp Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Australian Commodity Traders Exchange
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- Deloitte Consulting - India
- Metalloyd Limited - United Kingdom
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- Jorong Barutama Greston.PT - Indonesia
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- Sindya Power Generating Company Private Ltd
- Indian Energy Exchange, India
- The State Trading Corporation of India Ltd
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- Bayan Resources Tbk. - Indonesia
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- PTC India Limited - India
- San Jose City I Power Corp, Philippines
- Aditya Birla Group - India
- GAC Shipping (India) Pvt Ltd
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- Manunggal Multi Energi - Indonesia
- Eastern Energy - Thailand
- Commonwealth Bank - Australia
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- Mintek Dendrill Indonesia
- Coalindo Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Energy Link Ltd, New Zealand
- Australian Coal Association
- McConnell Dowell - Australia
- Borneo Indobara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- ASAPP Information Group - India
- Formosa Plastics Group - Taiwan
- Ambuja Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- India Bulls Power Limited - India
- Bhatia International Limited - India
- LBH Netherlands Bv - Netherlands
- The Treasury - Australian Government
- Bulk Trading Sa - Switzerland
- Aboitiz Power Corporation - Philippines
- ICICI Bank Limited - India
- MS Steel International - UAE
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- Wilmar Investment Holdings
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- Orica Australia Pty. Ltd.
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- Coal and Oil Company - UAE
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- Goldman Sachs - Singapore
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- Jaiprakash Power Ventures ltd
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- Agrawal Coal Company - India
- Alfred C Toepfer International GmbH - Germany
- Gujarat Electricity Regulatory Commission - India
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