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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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- Salva Resources Pvt Ltd - India
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- Leighton Contractors Pty Ltd - Australia
- Videocon Industries ltd - India
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- Romanian Commodities Exchange
- Savvy Resources Ltd - HongKong
- Trasteel International SA, Italy
- White Energy Company Limited
- Sojitz Corporation - Japan
- Sakthi Sugars Limited - India
- Electricity Authority, New Zealand
- Binh Thuan Hamico - Vietnam
- Agrawal Coal Company - India
- Bayan Resources Tbk. - Indonesia
- Price Waterhouse Coopers - Russia
- Independent Power Producers Association of India
- MS Steel International - UAE
- Mercator Lines Limited - India
- Malabar Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Economic Council, Georgia
- Ministry of Mines - Canada
- Posco Energy - South Korea
- Deloitte Consulting - India
- Commonwealth Bank - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kapuas Tunggal Persada - Indonesia
- Rio Tinto Coal - Australia
- Aboitiz Power Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
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- Offshore Bulk Terminal Pte Ltd, Singapore
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- Wood Mackenzie - Singapore
- Central Electricity Authority - India
- ASAPP Information Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Medco Energi Mining Internasional
- VISA Power Limited - India
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- Grasim Industreis Ltd - India
- Bukit Baiduri Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Goldman Sachs - Singapore
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- Anglo American - United Kingdom
- India Bulls Power Limited - India
- European Bulk Services B.V. - Netherlands
- Madhucon Powers Ltd - India
- The Treasury - Australian Government
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Mjunction Services Limited - India
- Global Coal Blending Company Limited - Australia
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- Indian Oil Corporation Limited
- AsiaOL BioFuels Corp., Philippines
- Metalloyd Limited - United Kingdom
- Minerals Council of Australia
- Parliament of New Zealand
- Banpu Public Company Limited - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- GMR Energy Limited - India
- Power Finance Corporation Ltd., India
- Billiton Holdings Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Petron Corporation, Philippines
- Aditya Birla Group - India
- GN Power Mariveles Coal Plant, Philippines
- Georgia Ports Authority, United States
- Baramulti Group, Indonesia
- Port Waratah Coal Services - Australia
- Orica Australia Pty. Ltd.
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- Petrochimia International Co. Ltd.- Taiwan
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- Maharashtra Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Gujarat Mineral Development Corp Ltd - India
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- Mintek Dendrill Indonesia
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- Bhatia International Limited - India
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- GVK Power & Infra Limited - India
- SMG Consultants - Indonesia
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- IEA Clean Coal Centre - UK
- Coal and Oil Company - UAE
- CNBM International Corporation - China
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- CIMB Investment Bank - Malaysia
- IHS Mccloskey Coal Group - USA
- Energy Link Ltd, New Zealand
- Kumho Petrochemical, South Korea
- Ministry of Transport, Egypt
- Ceylon Electricity Board - Sri Lanka
- Riau Bara Harum - Indonesia
- Iligan Light & Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Planning Commission, India
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- New Zealand Coal & Carbon
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- Chettinad Cement Corporation Ltd - India
- The University of Queensland
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- Ministry of Finance - Indonesia
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- The State Trading Corporation of India Ltd
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- Bangladesh Power Developement Board
- Merrill Lynch Commodities Europe
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- Kartika Selabumi Mining - Indonesia
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- Singapore Mercantile Exchange
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- Bulk Trading Sa - Switzerland
- LBH Netherlands Bv - Netherlands
- Rashtriya Ispat Nigam Limited - India
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- Siam City Cement - Thailand
- Formosa Plastics Group - Taiwan
- Attock Cement Pakistan Limited
- London Commodity Brokers - England
- Mercuria Energy - Indonesia
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- Standard Chartered Bank - UAE
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- Intertek Mineral Services - Indonesia
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- Cigading International Bulk Terminal - Indonesia
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- TeaM Sual Corporation - Philippines
- Indonesian Coal Mining Association
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- Eastern Energy - Thailand
- Sinarmas Energy and Mining - Indonesia
- McConnell Dowell - Australia
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- Oldendorff Carriers - Singapore
- Heidelberg Cement - Germany
- Krishnapatnam Port Company Ltd. - India
- ICICI Bank Limited - India
- Bahari Cakrawala Sebuku - Indonesia
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