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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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- VISA Power Limited - India
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- Ministry of Transport, Egypt
- Parliament of New Zealand
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- Global Business Power Corporation, Philippines
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- McConnell Dowell - Australia
- Cement Manufacturers Association - India
- Georgia Ports Authority, United States
- Bulk Trading Sa - Switzerland
- AsiaOL BioFuels Corp., Philippines
- Karaikal Port Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- European Bulk Services B.V. - Netherlands
- Kapuas Tunggal Persada - Indonesia
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- Pipit Mutiara Jaya. PT, Indonesia
- Karbindo Abesyapradhi - Indoneisa
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- Timah Investasi Mineral - Indoneisa
- Indogreen Group - Indonesia
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- Intertek Mineral Services - Indonesia
- Barasentosa Lestari - Indonesia
- SMG Consultants - Indonesia
- Pendopo Energi Batubara - Indonesia
- Kepco SPC Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Electricity Authority - India
- The University of Queensland
- Eastern Energy - Thailand
- Essar Steel Hazira Ltd - India
- Bhushan Steel Limited - India
- IEA Clean Coal Centre - UK
- London Commodity Brokers - England
- Sojitz Corporation - Japan
- Goldman Sachs - Singapore
- Bhatia International Limited - India
- Chamber of Mines of South Africa
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- Borneo Indobara - Indonesia
- CNBM International Corporation - China
- LBH Netherlands Bv - Netherlands
- Wood Mackenzie - Singapore
- Samtan Co., Ltd - South Korea
- Manunggal Multi Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Maheswari Brothers Coal Limited - India
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- White Energy Company Limited
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- Petron Corporation, Philippines
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- Uttam Galva Steels Limited - India
- Electricity Authority, New Zealand
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- Electricity Generating Authority of Thailand
- Jaiprakash Power Ventures ltd
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- Sical Logistics Limited - India
- Metalloyd Limited - United Kingdom
- Merrill Lynch Commodities Europe
- Australian Commodity Traders Exchange
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- Straits Asia Resources Limited - Singapore
- Makarim & Taira - Indonesia
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- Altura Mining Limited, Indonesia
- Energy Link Ltd, New Zealand
- Semirara Mining Corp, Philippines
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- Bhoruka Overseas - Indonesia
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- Semirara Mining and Power Corporation, Philippines
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- GMR Energy Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Coal and Oil Company - UAE
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- Interocean Group of Companies - India
- Renaissance Capital - South Africa
- Sree Jayajothi Cements Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Vedanta Resources Plc - India
- Gujarat Sidhee Cement - India
- Riau Bara Harum - Indonesia
- CIMB Investment Bank - Malaysia
- Eastern Coal Council - USA
- Videocon Industries ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Standard Chartered Bank - UAE
- International Coal Ventures Pvt Ltd - India
- Deloitte Consulting - India
- Kideco Jaya Agung - Indonesia
- Minerals Council of Australia
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Medco Energi Mining Internasional
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- Romanian Commodities Exchange
- Port Waratah Coal Services - Australia
- Trasteel International SA, Italy
- PTC India Limited - India
- San Jose City I Power Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
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- South Luzon Thermal Energy Corporation
- Kalimantan Lumbung Energi - Indonesia
- Baramulti Group, Indonesia
- ICICI Bank Limited - India
- India Bulls Power Limited - India
- Mintek Dendrill Indonesia
- New Zealand Coal & Carbon
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- Global Coal Blending Company Limited - Australia
- Economic Council, Georgia
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- Gujarat Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Planning Commission, India
- Gujarat Mineral Development Corp Ltd - India
- IHS Mccloskey Coal Group - USA
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- MS Steel International - UAE
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- Ministry of Finance - Indonesia
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- Therma Luzon, Inc, Philippines
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- Bukit Makmur.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- Asmin Koalindo Tuhup - Indonesia
- Toyota Tsusho Corporation, Japan
- Ministry of Mines - Canada
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- Energy Development Corp, Philippines
- PowerSource Philippines DevCo
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- Sinarmas Energy and Mining - Indonesia
- Simpson Spence & Young - Indonesia
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- Jorong Barutama Greston.PT - Indonesia
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- Africa Commodities Group - South Africa
- Singapore Mercantile Exchange
- Indian Oil Corporation Limited
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- Orica Australia Pty. Ltd.
- Malabar Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- Parry Sugars Refinery, India
- Australian Coal Association
- Kobexindo Tractors - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- GAC Shipping (India) Pvt Ltd
- Cigading International Bulk Terminal - Indonesia
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- Mjunction Services Limited - India
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- Leighton Contractors Pty Ltd - Australia
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