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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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- Iligan Light & Power Inc, Philippines
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- IHS Mccloskey Coal Group - USA
- Miang Besar Coal Terminal - Indonesia
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- Banpu Public Company Limited - Thailand
- Gujarat Sidhee Cement - India
- Standard Chartered Bank - UAE
- Australian Coal Association
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- Interocean Group of Companies - India
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- Semirara Mining Corp, Philippines
- Carbofer General Trading SA - India
- Kapuas Tunggal Persada - Indonesia
- Borneo Indobara - Indonesia
- Kobexindo Tractors - Indoneisa
- Malabar Cements Ltd - India
- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- CIMB Investment Bank - Malaysia
- Electricity Generating Authority of Thailand
- Salva Resources Pvt Ltd - India
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- Thiess Contractors Indonesia
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- Dalmia Cement Bharat India
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- Kepco SPC Power Corporation, Philippines
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- MS Steel International - UAE
- Siam City Cement PLC, Thailand
- Sinarmas Energy and Mining - Indonesia
- Kumho Petrochemical, South Korea
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- Pipit Mutiara Jaya. PT, Indonesia
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- Minerals Council of Australia
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- India Bulls Power Limited - India
- Romanian Commodities Exchange
- Sical Logistics Limited - India
- TeaM Sual Corporation - Philippines
- GMR Energy Limited - India
- SMG Consultants - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Commonwealth Bank - Australia
- Global Business Power Corporation, Philippines
- Renaissance Capital - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Medco Energi Mining Internasional
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- Marubeni Corporation - India
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- Chettinad Cement Corporation Ltd - India
- Independent Power Producers Association of India
- Sojitz Corporation - Japan
- Economic Council, Georgia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chamber of Mines of South Africa
- Maheswari Brothers Coal Limited - India
- Straits Asia Resources Limited - Singapore
- Bukit Baiduri Energy - Indonesia
- ICICI Bank Limited - India
- Central Java Power - Indonesia
- Coastal Gujarat Power Limited - India
- Bangladesh Power Developement Board
- Georgia Ports Authority, United States
- Gujarat Mineral Development Corp Ltd - India
- White Energy Company Limited
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- Simpson Spence & Young - Indonesia
- European Bulk Services B.V. - Netherlands
- The University of Queensland
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- New Zealand Coal & Carbon
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- Indonesian Coal Mining Association
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- Deloitte Consulting - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Port Waratah Coal Services - Australia
- International Coal Ventures Pvt Ltd - India
- Agrawal Coal Company - India
- Ambuja Cements Ltd - India
- Ministry of Mines - Canada
- Energy Development Corp, Philippines
- Sakthi Sugars Limited - India
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- Orica Australia Pty. Ltd.
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- IEA Clean Coal Centre - UK
- Kaltim Prima Coal - Indonesia
- Price Waterhouse Coopers - Russia
- The Treasury - Australian Government
- Jindal Steel & Power Ltd - India
- Formosa Plastics Group - Taiwan
- Mjunction Services Limited - India
- Bharathi Cement Corporation - India
- Toyota Tsusho Corporation, Japan
- Latin American Coal - Colombia
- Mintek Dendrill Indonesia
- SMC Global Power, Philippines
- PNOC Exploration Corporation - Philippines
- Petron Corporation, Philippines
- Lanco Infratech Ltd - India
- Jaiprakash Power Ventures ltd
- GVK Power & Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Africa Commodities Group - South Africa
- Parliament of New Zealand
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- Sindya Power Generating Company Private Ltd
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- Wood Mackenzie - Singapore
- Grasim Industreis Ltd - India
- Australian Commodity Traders Exchange
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- Directorate General of MIneral and Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- Central Electricity Authority - India
- Star Paper Mills Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Energy - Thailand
- Eastern Coal Council - USA
- Merrill Lynch Commodities Europe
- Coal and Oil Company - UAE
- ASAPP Information Group - India
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- Bukit Makmur.PT - Indonesia
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