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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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- Kapuas Tunggal Persada - Indonesia
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- Australian Commodity Traders Exchange
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- VISA Power Limited - India
- LBH Netherlands Bv - Netherlands
- Therma Luzon, Inc, Philippines
- Cement Manufacturers Association - India
- MS Steel International - UAE
- Wilmar Investment Holdings
- Chamber of Mines of South Africa
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- Singapore Mercantile Exchange
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- Trasteel International SA, Italy
- Kobexindo Tractors - Indoneisa
- Karaikal Port Pvt Ltd - India
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- Siam City Cement PLC, Thailand
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- Romanian Commodities Exchange
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- South Luzon Thermal Energy Corporation
- Sarangani Energy Corporation, Philippines
- Anglo American - United Kingdom
- Kideco Jaya Agung - Indonesia
- Bhushan Steel Limited - India
- Global Coal Blending Company Limited - Australia
- Wood Mackenzie - Singapore
- CIMB Investment Bank - Malaysia
- Independent Power Producers Association of India
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- Uttam Galva Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Bharathi Cement Corporation - India
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- Grasim Industreis Ltd - India
- Deloitte Consulting - India
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- TeaM Sual Corporation - Philippines
- Central Electricity Authority - India
- Lanco Infratech Ltd - India
- Essar Steel Hazira Ltd - India
- Agrawal Coal Company - India
- GAC Shipping (India) Pvt Ltd
- Holcim Trading Pte Ltd - Singapore
- PetroVietnam Power Coal Import and Supply Company
- IHS Mccloskey Coal Group - USA
- Binh Thuan Hamico - Vietnam
- Sindya Power Generating Company Private Ltd
- Merrill Lynch Commodities Europe
- Georgia Ports Authority, United States
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- Toyota Tsusho Corporation, Japan
- Indonesian Coal Mining Association
- Africa Commodities Group - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parliament of New Zealand
- Indian Energy Exchange, India
- Mercator Lines Limited - India
- SMC Global Power, Philippines
- The Treasury - Australian Government
- Kalimantan Lumbung Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Edison Trading Spa - Italy
- Electricity Authority, New Zealand
- Simpson Spence & Young - Indonesia
- Bangladesh Power Developement Board
- Attock Cement Pakistan Limited
- Makarim & Taira - Indonesia
- Planning Commission, India
- Port Waratah Coal Services - Australia
- Ambuja Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
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- Billiton Holdings Pty Ltd - Australia
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- Videocon Industries ltd - India
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- Sical Logistics Limited - India
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- Rio Tinto Coal - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- The University of Queensland
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- GN Power Mariveles Coal Plant, Philippines
- Global Green Power PLC Corporation, Philippines
- Indogreen Group - Indonesia
- Eastern Coal Council - USA
- Asmin Koalindo Tuhup - Indonesia
- IEA Clean Coal Centre - UK
- ASAPP Information Group - India
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- Indian Oil Corporation Limited
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- The State Trading Corporation of India Ltd
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- Goldman Sachs - Singapore
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- ICICI Bank Limited - India
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- Tamil Nadu electricity Board
- Directorate General of MIneral and Coal - Indonesia
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- Mintek Dendrill Indonesia
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- Gujarat Mineral Development Corp Ltd - India
- Economic Council, Georgia
- Coalindo Energy - Indonesia
- Eastern Energy - Thailand
- Savvy Resources Ltd - HongKong
- Globalindo Alam Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Minerals Council of Australia
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- Ministry of Mines - Canada
- SN Aboitiz Power Inc, Philippines
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