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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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- Ambuja Cements Ltd - India
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- Commonwealth Bank - Australia
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- CNBM International Corporation - China
- The State Trading Corporation of India Ltd
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- CIMB Investment Bank - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Australian Commodity Traders Exchange
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- Tamil Nadu electricity Board
- Altura Mining Limited, Indonesia
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- Coal and Oil Company - UAE
- Coalindo Energy - Indonesia
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- Ministry of Transport, Egypt
- Borneo Indobara - Indonesia
- ASAPP Information Group - India
- Minerals Council of Australia
- Merrill Lynch Commodities Europe
- Iligan Light & Power Inc, Philippines
- Agrawal Coal Company - India
- Planning Commission, India
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- Malabar Cements Ltd - India
- Sical Logistics Limited - India
- Pendopo Energi Batubara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Savvy Resources Ltd - HongKong
- Port Waratah Coal Services - Australia
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- Miang Besar Coal Terminal - Indonesia
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- Mjunction Services Limited - India
- White Energy Company Limited
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- The University of Queensland
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- Billiton Holdings Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
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- Eastern Energy - Thailand
- Karbindo Abesyapradhi - Indoneisa
- London Commodity Brokers - England
- Renaissance Capital - South Africa
- Bhatia International Limited - India
- Siam City Cement - Thailand
- Posco Energy - South Korea
- Tata Chemicals Ltd - India
- Interocean Group of Companies - India
- Eastern Coal Council - USA
- Bhoruka Overseas - Indonesia
- Mercator Lines Limited - India
- Holcim Trading Pte Ltd - Singapore
- New Zealand Coal & Carbon
- Sindya Power Generating Company Private Ltd
- Samtan Co., Ltd - South Korea
- Energy Link Ltd, New Zealand
- Australian Coal Association
- Meenaskhi Energy Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
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- Antam Resourcindo - Indonesia
- MS Steel International - UAE
- Petron Corporation, Philippines
- McConnell Dowell - Australia
- Electricity Generating Authority of Thailand
- SMC Global Power, Philippines
- Bangladesh Power Developement Board
- Mercuria Energy - Indonesia
- Independent Power Producers Association of India
- Indonesian Coal Mining Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dalmia Cement Bharat India
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- Rashtriya Ispat Nigam Limited - India
- Orica Mining Services - Indonesia
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- Ministry of Mines - Canada
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- Trasteel International SA, Italy
- Jaiprakash Power Ventures ltd
- Edison Trading Spa - Italy
- Indian Oil Corporation Limited
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- India Bulls Power Limited - India
- Power Finance Corporation Ltd., India
- Kideco Jaya Agung - Indonesia
- Straits Asia Resources Limited - Singapore
- Krishnapatnam Port Company Ltd. - India
- Anglo American - United Kingdom
- Indian Energy Exchange, India
- TNB Fuel Sdn Bhd - Malaysia
- Oldendorff Carriers - Singapore
- Singapore Mercantile Exchange
- Simpson Spence & Young - Indonesia
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- Georgia Ports Authority, United States
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- Romanian Commodities Exchange
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sinarmas Energy and Mining - Indonesia
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- Central Electricity Authority - India
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- Gujarat Electricity Regulatory Commission - India
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- Madhucon Powers Ltd - India
- Orica Australia Pty. Ltd.
- Economic Council, Georgia
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- Parliament of New Zealand
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- Larsen & Toubro Limited - India
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- Kapuas Tunggal Persada - Indonesia
- GMR Energy Limited - India
- Coastal Gujarat Power Limited - India
- Banpu Public Company Limited - Thailand
- Global Coal Blending Company Limited - Australia
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- Bulk Trading Sa - Switzerland
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- Electricity Authority, New Zealand
- Metalloyd Limited - United Kingdom
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- Semirara Mining and Power Corporation, Philippines
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