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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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- Vizag Seaport Private Limited - India
- Posco Energy - South Korea
- Holcim Trading Pte Ltd - Singapore
- Interocean Group of Companies - India
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- Eastern Energy - Thailand
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- Miang Besar Coal Terminal - Indonesia
- Tamil Nadu electricity Board
- Altura Mining Limited, Indonesia
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- Cement Manufacturers Association - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thai Mozambique Logistica
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- Merrill Lynch Commodities Europe
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- Rio Tinto Coal - Australia
- Aboitiz Power Corporation - Philippines
- Mintek Dendrill Indonesia
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- Directorate General of MIneral and Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Videocon Industries ltd - India
- Standard Chartered Bank - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Grasim Industreis Ltd - India
- Agrawal Coal Company - India
- Carbofer General Trading SA - India
- GAC Shipping (India) Pvt Ltd
- Intertek Mineral Services - Indonesia
- MS Steel International - UAE
- CNBM International Corporation - China
- Sakthi Sugars Limited - India
- Dalmia Cement Bharat India
- India Bulls Power Limited - India
- Ceylon Electricity Board - Sri Lanka
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- Semirara Mining Corp, Philippines
- Siam City Cement - Thailand
- Ministry of Mines - Canada
- Power Finance Corporation Ltd., India
- Indian Energy Exchange, India
- Star Paper Mills Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Indian Oil Corporation Limited
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- Medco Energi Mining Internasional
- Coalindo Energy - Indonesia
- Deloitte Consulting - India
- Formosa Plastics Group - Taiwan
- Parliament of New Zealand
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- Africa Commodities Group - South Africa
- IHS Mccloskey Coal Group - USA
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- Bulk Trading Sa - Switzerland
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- Lanco Infratech Ltd - India
- Goldman Sachs - Singapore
- Global Coal Blending Company Limited - Australia
- Australian Coal Association
- Georgia Ports Authority, United States
- Samtan Co., Ltd - South Korea
- Maheswari Brothers Coal Limited - India
- Coastal Gujarat Power Limited - India
- Malabar Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Vedanta Resources Plc - India
- Tata Chemicals Ltd - India
- Petron Corporation, Philippines
- Orica Australia Pty. Ltd.
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- GMR Energy Limited - India
- Economic Council, Georgia
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- Pipit Mutiara Jaya. PT, Indonesia
- Bhoruka Overseas - Indonesia
- Sree Jayajothi Cements Limited - India
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- Sojitz Corporation - Japan
- PTC India Limited - India
- Toyota Tsusho Corporation, Japan
- Borneo Indobara - Indonesia
- Electricity Generating Authority of Thailand
- Riau Bara Harum - Indonesia
- Energy Development Corp, Philippines
- Kumho Petrochemical, South Korea
- Sical Logistics Limited - India
- Mercuria Energy - Indonesia
- The State Trading Corporation of India Ltd
- Aditya Birla Group - India
- Electricity Authority, New Zealand
- Ministry of Transport, Egypt
- Petrochimia International Co. Ltd.- Taiwan
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- White Energy Company Limited
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- Minerals Council of Australia
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- Baramulti Group, Indonesia
- Ministry of Finance - Indonesia
- Banpu Public Company Limited - Thailand
- Bukit Makmur.PT - Indonesia
- Coal and Oil Company - UAE
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- Commonwealth Bank - Australia
- Trasteel International SA, Italy
- IEA Clean Coal Centre - UK
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- Kideco Jaya Agung - Indonesia
- Heidelberg Cement - Germany
- GVK Power & Infra Limited - India
- Wilmar Investment Holdings
- Indogreen Group - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Chamber of Mines of South Africa
- Maharashtra Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Billiton Holdings Pty Ltd - Australia
- Planning Commission, India
- Therma Luzon, Inc, Philippines
- ICICI Bank Limited - India
- Alfred C Toepfer International GmbH - Germany
- Kalimantan Lumbung Energi - Indonesia
- Edison Trading Spa - Italy
- TeaM Sual Corporation - Philippines
- Oldendorff Carriers - Singapore
- OPG Power Generation Pvt Ltd - India
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- Central Electricity Authority - India
- Chettinad Cement Corporation Ltd - India
- Rashtriya Ispat Nigam Limited - India
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- Karbindo Abesyapradhi - Indoneisa
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- Indo Tambangraya Megah - Indonesia
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- Renaissance Capital - South Africa
- European Bulk Services B.V. - Netherlands
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