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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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- Wood Mackenzie - Singapore
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- Directorate General of MIneral and Coal - Indonesia
- Indika Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Manunggal Multi Energi - Indonesia
- Antam Resourcindo - Indonesia
- IEA Clean Coal Centre - UK
- Baramulti Group, Indonesia
- Jorong Barutama Greston.PT - Indonesia
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- The Treasury - Australian Government
- Asmin Koalindo Tuhup - Indonesia
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- Chettinad Cement Corporation Ltd - India
- GN Power Mariveles Coal Plant, Philippines
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- Ministry of Mines - Canada
- Romanian Commodities Exchange
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- Kartika Selabumi Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Siam City Cement - Thailand
- GMR Energy Limited - India
- Heidelberg Cement - Germany
- Therma Luzon, Inc, Philippines
- Kobexindo Tractors - Indoneisa
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- Straits Asia Resources Limited - Singapore
- Edison Trading Spa - Italy
- European Bulk Services B.V. - Netherlands
- Renaissance Capital - South Africa
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- Goldman Sachs - Singapore
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- Commonwealth Bank - Australia
- Mjunction Services Limited - India
- Lanco Infratech Ltd - India
- The University of Queensland
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- Marubeni Corporation - India
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- Miang Besar Coal Terminal - Indonesia
- Interocean Group of Companies - India
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- Wilmar Investment Holdings
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- Sojitz Corporation - Japan
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- Orica Australia Pty. Ltd.
- Standard Chartered Bank - UAE
- CNBM International Corporation - China
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- Binh Thuan Hamico - Vietnam
- Malabar Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- International Coal Ventures Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kepco SPC Power Corporation, Philippines
- Petron Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Australian Coal Association
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- Bharathi Cement Corporation - India
- Coastal Gujarat Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
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- Parliament of New Zealand
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- Sinarmas Energy and Mining - Indonesia
- Merrill Lynch Commodities Europe
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- Makarim & Taira - Indonesia
- Altura Mining Limited, Indonesia
- Videocon Industries ltd - India
- Xindia Steels Limited - India
- Power Finance Corporation Ltd., India
- Larsen & Toubro Limited - India
- Oldendorff Carriers - Singapore
- MS Steel International - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
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- Indo Tambangraya Megah - Indonesia
- Metalloyd Limited - United Kingdom
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- Planning Commission, India
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- OPG Power Generation Pvt Ltd - India
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- Central Electricity Authority - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Price Waterhouse Coopers - Russia
- Electricity Authority, New Zealand
- Indian Energy Exchange, India
- Iligan Light & Power Inc, Philippines
- Chamber of Mines of South Africa
- Latin American Coal - Colombia
- Coalindo Energy - Indonesia
- Eastern Coal Council - USA
- Global Business Power Corporation, Philippines
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- Trasteel International SA, Italy
- GAC Shipping (India) Pvt Ltd
- Electricity Generating Authority of Thailand
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- The State Trading Corporation of India Ltd
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- Ministry of Finance - Indonesia
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- London Commodity Brokers - England
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- Pipit Mutiara Jaya. PT, Indonesia
- Coal and Oil Company - UAE
- McConnell Dowell - Australia
- IHS Mccloskey Coal Group - USA
- Indonesian Coal Mining Association
- LBH Netherlands Bv - Netherlands
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Minerals Council of Australia
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- Bulk Trading Sa - Switzerland
- Anglo American - United Kingdom
- Parry Sugars Refinery, India
- Samtan Co., Ltd - South Korea
- Energy Development Corp, Philippines
- Mintek Dendrill Indonesia
- Economic Council, Georgia
- Bangladesh Power Developement Board
- Bhatia International Limited - India
- ASAPP Information Group - India
- Global Coal Blending Company Limited - Australia
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- Australian Commodity Traders Exchange
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- Independent Power Producers Association of India
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