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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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- Australian Commodity Traders Exchange
- Bhoruka Overseas - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The Treasury - Australian Government
- Medco Energi Mining Internasional
- New Zealand Coal & Carbon
- Rashtriya Ispat Nigam Limited - India
- Energy Link Ltd, New Zealand
- Latin American Coal - Colombia
- Star Paper Mills Limited - India
- Orica Mining Services - Indonesia
- Sarangani Energy Corporation, Philippines
- London Commodity Brokers - England
- Energy Development Corp, Philippines
- PowerSource Philippines DevCo
- Bangladesh Power Developement Board
- Ministry of Mines - Canada
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement PLC, Thailand
- Parliament of New Zealand
- Sojitz Corporation - Japan
- Carbofer General Trading SA - India
- PNOC Exploration Corporation - Philippines
- Mercuria Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Central Electricity Authority - India
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- Wilmar Investment Holdings
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- Savvy Resources Ltd - HongKong
- Semirara Mining and Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
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- Ceylon Electricity Board - Sri Lanka
- Agrawal Coal Company - India
- TeaM Sual Corporation - Philippines
- Binh Thuan Hamico - Vietnam
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- Planning Commission, India
- Heidelberg Cement - Germany
- Independent Power Producers Association of India
- Indian Energy Exchange, India
- Kepco SPC Power Corporation, Philippines
- SMG Consultants - Indonesia
- Port Waratah Coal Services - Australia
- Bhushan Steel Limited - India
- Jaiprakash Power Ventures ltd
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- Global Coal Blending Company Limited - Australia
- Deloitte Consulting - India
- Asmin Koalindo Tuhup - Indonesia
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- Economic Council, Georgia
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- Bayan Resources Tbk. - Indonesia
- The University of Queensland
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- Sindya Power Generating Company Private Ltd
- Bahari Cakrawala Sebuku - Indonesia
- SMC Global Power, Philippines
- GAC Shipping (India) Pvt Ltd
- Wood Mackenzie - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Gujarat Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- McConnell Dowell - Australia
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- Trasteel International SA, Italy
- Coalindo Energy - Indonesia
- Xindia Steels Limited - India
- Central Java Power - Indonesia
- The State Trading Corporation of India Ltd
- International Coal Ventures Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- Timah Investasi Mineral - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
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- Meralco Power Generation, Philippines
- Indian Oil Corporation Limited
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- PTC India Limited - India
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- Samtan Co., Ltd - South Korea
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- European Bulk Services B.V. - Netherlands
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- Power Finance Corporation Ltd., India
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- Toyota Tsusho Corporation, Japan
- Australian Coal Association
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- Videocon Industries ltd - India
- Romanian Commodities Exchange
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Commonwealth Bank - Australia
- Attock Cement Pakistan Limited
- Meenaskhi Energy Private Limited - India
- IEA Clean Coal Centre - UK
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- Electricity Authority, New Zealand
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- LBH Netherlands Bv - Netherlands
- Mercator Lines Limited - India
- Billiton Holdings Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- IHS Mccloskey Coal Group - USA
- Kartika Selabumi Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- Chettinad Cement Corporation Ltd - India
- GMR Energy Limited - India
- Eastern Energy - Thailand
- Eastern Coal Council - USA
- SN Aboitiz Power Inc, Philippines
- Chamber of Mines of South Africa
- Orica Australia Pty. Ltd.
- ICICI Bank Limited - India
- Electricity Generating Authority of Thailand
- Mintek Dendrill Indonesia
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- Oldendorff Carriers - Singapore
- Merrill Lynch Commodities Europe
- Pendopo Energi Batubara - Indonesia
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- Mjunction Services Limited - India
- Antam Resourcindo - Indonesia
- Interocean Group of Companies - India
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- Indonesian Coal Mining Association
- Standard Chartered Bank - UAE
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- Singapore Mercantile Exchange
- Riau Bara Harum - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Renaissance Capital - South Africa
- Iligan Light & Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vizag Seaport Private Limited - India
- Coal and Oil Company - UAE
- Petrochimia International Co. Ltd.- Taiwan
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- Minerals Council of Australia
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