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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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- Planning Commission, India
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- Sarangani Energy Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Interocean Group of Companies - India
- Economic Council, Georgia
- Jaiprakash Power Ventures ltd
- Oldendorff Carriers - Singapore
- Thai Mozambique Logistica
- Semirara Mining and Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- London Commodity Brokers - England
- TNB Fuel Sdn Bhd - Malaysia
- Uttam Galva Steels Limited - India
- Chamber of Mines of South Africa
- Mercator Lines Limited - India
- Wilmar Investment Holdings
- Metalloyd Limited - United Kingdom
- Heidelberg Cement - Germany
- Singapore Mercantile Exchange
- Thiess Contractors Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wood Mackenzie - Singapore
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- Gujarat Sidhee Cement - India
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- Pipit Mutiara Jaya. PT, Indonesia
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- Sical Logistics Limited - India
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- Latin American Coal - Colombia
- LBH Netherlands Bv - Netherlands
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- VISA Power Limited - India
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- Australian Commodity Traders Exchange
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- Sojitz Corporation - Japan
- Ambuja Cements Ltd - India
- Deloitte Consulting - India
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- Georgia Ports Authority, United States
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- IEA Clean Coal Centre - UK
- Samtan Co., Ltd - South Korea
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- Karaikal Port Pvt Ltd - India
- Goldman Sachs - Singapore
- Minerals Council of Australia
- Trasteel International SA, Italy
- Borneo Indobara - Indonesia
- Anglo American - United Kingdom
- Commonwealth Bank - Australia
- Bangladesh Power Developement Board
- Indonesian Coal Mining Association
- South Luzon Thermal Energy Corporation
- Simpson Spence & Young - Indonesia
- Riau Bara Harum - Indonesia
- The University of Queensland
- Mjunction Services Limited - India
- Africa Commodities Group - South Africa
- Neyveli Lignite Corporation Ltd, - India
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- Parliament of New Zealand
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- The State Trading Corporation of India Ltd
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- Cement Manufacturers Association - India
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- Renaissance Capital - South Africa
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- Madhucon Powers Ltd - India
- Standard Chartered Bank - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Banpu Public Company Limited - Thailand
- Therma Luzon, Inc, Philippines
- Rio Tinto Coal - Australia
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- MS Steel International - UAE
- SMC Global Power, Philippines
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- Electricity Authority, New Zealand
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- Ministry of Mines - Canada
- GAC Shipping (India) Pvt Ltd
- Miang Besar Coal Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Price Waterhouse Coopers - Russia
- Manunggal Multi Energi - Indonesia
- PowerSource Philippines DevCo
- Merrill Lynch Commodities Europe
- Videocon Industries ltd - India
- Aditya Birla Group - India
- Eastern Coal Council - USA
- IHS Mccloskey Coal Group - USA
- Global Coal Blending Company Limited - Australia
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- Directorate General of MIneral and Coal - Indonesia
- White Energy Company Limited
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- Gujarat Electricity Regulatory Commission - India
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- Global Business Power Corporation, Philippines
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- Ministry of Finance - Indonesia
- New Zealand Coal & Carbon
- Binh Thuan Hamico - Vietnam
- Iligan Light & Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
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- Eastern Energy - Thailand
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- European Bulk Services B.V. - Netherlands
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- The Treasury - Australian Government
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- Bhoruka Overseas - Indonesia
- Ministry of Transport, Egypt
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- India Bulls Power Limited - India
- Star Paper Mills Limited - India
- Indian Energy Exchange, India
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