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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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- Semirara Mining and Power Corporation, Philippines
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- Mintek Dendrill Indonesia
- Directorate Of Revenue Intelligence - India
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- Xindia Steels Limited - India
- Africa Commodities Group - South Africa
- Manunggal Multi Energi - Indonesia
- Marubeni Corporation - India
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- Orica Australia Pty. Ltd.
- Indogreen Group - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Electricity Generating Authority of Thailand
- Coal and Oil Company - UAE
- Posco Energy - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Energy Development Corp, Philippines
- IEA Clean Coal Centre - UK
- SMC Global Power, Philippines
- Mercuria Energy - Indonesia
- ASAPP Information Group - India
- Timah Investasi Mineral - Indoneisa
- Interocean Group of Companies - India
- Meenaskhi Energy Private Limited - India
- Deloitte Consulting - India
- Chamber of Mines of South Africa
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- Pipit Mutiara Jaya. PT, Indonesia
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- Toyota Tsusho Corporation, Japan
- OPG Power Generation Pvt Ltd - India
- Planning Commission, India
- Ceylon Electricity Board - Sri Lanka
- Aditya Birla Group - India
- Global Coal Blending Company Limited - Australia
- Mercator Lines Limited - India
- Sakthi Sugars Limited - India
- Kalimantan Lumbung Energi - Indonesia
- European Bulk Services B.V. - Netherlands
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- The University of Queensland
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- CIMB Investment Bank - Malaysia
- Ind-Barath Power Infra Limited - India
- Grasim Industreis Ltd - India
- Samtan Co., Ltd - South Korea
- Eastern Coal Council - USA
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- AsiaOL BioFuels Corp., Philippines
- White Energy Company Limited
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- Straits Asia Resources Limited - Singapore
- Larsen & Toubro Limited - India
- Mjunction Services Limited - India
- India Bulls Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Sojitz Corporation - Japan
- Miang Besar Coal Terminal - Indonesia
- Ministry of Mines - Canada
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- Rio Tinto Coal - Australia
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- GN Power Mariveles Coal Plant, Philippines
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- Minerals Council of Australia
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- Kartika Selabumi Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- Attock Cement Pakistan Limited
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- Orica Mining Services - Indonesia
- Heidelberg Cement - Germany
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- Energy Link Ltd, New Zealand
- Eastern Energy - Thailand
- TeaM Sual Corporation - Philippines
- Edison Trading Spa - Italy
- Gujarat Electricity Regulatory Commission - India
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- Economic Council, Georgia
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- Ministry of Transport, Egypt
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- MS Steel International - UAE
- Australian Coal Association
- Commonwealth Bank - Australia
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- McConnell Dowell - Australia
- Thiess Contractors Indonesia
- Malabar Cements Ltd - India
- GVK Power & Infra Limited - India
- The State Trading Corporation of India Ltd
- Bangladesh Power Developement Board
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- Trasteel International SA, Italy
- Globalindo Alam Lestari - Indonesia
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- Riau Bara Harum - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Meralco Power Generation, Philippines
- The Treasury - Australian Government
- Antam Resourcindo - Indonesia
- Indonesian Coal Mining Association
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- Siam City Cement PLC, Thailand
- IHS Mccloskey Coal Group - USA
- Neyveli Lignite Corporation Ltd, - India
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- Leighton Contractors Pty Ltd - Australia
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- Price Waterhouse Coopers - Russia
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