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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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- Parry Sugars Refinery, India
- The State Trading Corporation of India Ltd
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- Siam City Cement PLC, Thailand
- Kobexindo Tractors - Indoneisa
- Ministry of Mines - Canada
- IHS Mccloskey Coal Group - USA
- Price Waterhouse Coopers - Russia
- Mercuria Energy - Indonesia
- Tamil Nadu electricity Board
- Cement Manufacturers Association - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Medco Energi Mining Internasional
- TeaM Sual Corporation - Philippines
- Therma Luzon, Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sojitz Corporation - Japan
- OPG Power Generation Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Kumho Petrochemical, South Korea
- Eastern Energy - Thailand
- Kapuas Tunggal Persada - Indonesia
- ASAPP Information Group - India
- Bhoruka Overseas - Indonesia
- Africa Commodities Group - South Africa
- Eastern Coal Council - USA
- Standard Chartered Bank - UAE
- Aboitiz Power Corporation - Philippines
- Electricity Generating Authority of Thailand
- Renaissance Capital - South Africa
- Goldman Sachs - Singapore
- Madhucon Powers Ltd - India
- GAC Shipping (India) Pvt Ltd
- Edison Trading Spa - Italy
- Kalimantan Lumbung Energi - Indonesia
- Sindya Power Generating Company Private Ltd
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- Essar Steel Hazira Ltd - India
- Independent Power Producers Association of India
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- Bhatia International Limited - India
- VISA Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Toyota Tsusho Corporation, Japan
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- Orica Australia Pty. Ltd.
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- Agrawal Coal Company - India
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- Electricity Authority, New Zealand
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- Tata Chemicals Ltd - India
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- Attock Cement Pakistan Limited
- Parliament of New Zealand
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- Banpu Public Company Limited - Thailand
- Bukit Makmur.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Mjunction Services Limited - India
- Videocon Industries ltd - India
- Kideco Jaya Agung - Indonesia
- Australian Commodity Traders Exchange
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- Baramulti Group, Indonesia
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- Asmin Koalindo Tuhup - Indonesia
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- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
- Karbindo Abesyapradhi - Indoneisa
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- Miang Besar Coal Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Chamber of Mines of South Africa
- IEA Clean Coal Centre - UK
- Indogreen Group - Indonesia
- Straits Asia Resources Limited - Singapore
- Minerals Council of Australia
- The Treasury - Australian Government
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- Sarangani Energy Corporation, Philippines
- Lanco Infratech Ltd - India
- Indonesian Coal Mining Association
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- Bulk Trading Sa - Switzerland
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- Indian Oil Corporation Limited
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- Mintek Dendrill Indonesia
- GMR Energy Limited - India
- Interocean Group of Companies - India
- Singapore Mercantile Exchange
- McConnell Dowell - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Petron Corporation, Philippines
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- Romanian Commodities Exchange
- Rashtriya Ispat Nigam Limited - India
- Heidelberg Cement - Germany
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- Coal and Oil Company - UAE
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- Ceylon Electricity Board - Sri Lanka
- Bank of Tokyo Mitsubishi UFJ Ltd
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- MS Steel International - UAE
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- Trasteel International SA, Italy
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- Thiess Contractors Indonesia
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- Barasentosa Lestari - Indonesia
- Australian Coal Association
- Gujarat Mineral Development Corp Ltd - India
- Directorate General of MIneral and Coal - Indonesia
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