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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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- Planning Commission, India
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- The Treasury - Australian Government
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- Heidelberg Cement - Germany
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- Intertek Mineral Services - Indonesia
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- PTC India Limited - India
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- Eastern Coal Council - USA
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- Kaltim Prima Coal - Indonesia
- Tamil Nadu electricity Board
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- Ceylon Electricity Board - Sri Lanka
- New Zealand Coal & Carbon
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- Minerals Council of Australia
- Tata Chemicals Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Deloitte Consulting - India
- Georgia Ports Authority, United States
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- GMR Energy Limited - India
- Madhucon Powers Ltd - India
- Banpu Public Company Limited - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Romanian Commodities Exchange
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- Orica Mining Services - Indonesia
- India Bulls Power Limited - India
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- Antam Resourcindo - Indonesia
- Indian Energy Exchange, India
- Savvy Resources Ltd - HongKong
- Economic Council, Georgia
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- PowerSource Philippines DevCo
- South Luzon Thermal Energy Corporation
- The University of Queensland
- Sakthi Sugars Limited - India
- Star Paper Mills Limited - India
- Bhushan Steel Limited - India
- Directorate Of Revenue Intelligence - India
- Indika Energy - Indonesia
- Semirara Mining Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petron Corporation, Philippines
- ASAPP Information Group - India
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- The State Trading Corporation of India Ltd
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- Billiton Holdings Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
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- Kumho Petrochemical, South Korea
- Bharathi Cement Corporation - India
- IHS Mccloskey Coal Group - USA
- Siam City Cement - Thailand
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- Jaiprakash Power Ventures ltd
- Kohat Cement Company Ltd. - Pakistan
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- Kobexindo Tractors - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rio Tinto Coal - Australia
- Cement Manufacturers Association - India
- Energy Link Ltd, New Zealand
- Indo Tambangraya Megah - Indonesia
- Medco Energi Mining Internasional
- Renaissance Capital - South Africa
- Eastern Energy - Thailand
- SN Aboitiz Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- White Energy Company Limited
- Singapore Mercantile Exchange
- International Coal Ventures Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
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- Meenaskhi Energy Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Ministry of Transport, Egypt
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- Thai Mozambique Logistica
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- Chamber of Mines of South Africa
- Marubeni Corporation - India
- Meralco Power Generation, Philippines
- Agrawal Coal Company - India
- Central Electricity Authority - India
- Edison Trading Spa - Italy
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- Neyveli Lignite Corporation Ltd, - India
- Global Coal Blending Company Limited - Australia
- Mercator Lines Limited - India
- Chettinad Cement Corporation Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- European Bulk Services B.V. - Netherlands
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- Maheswari Brothers Coal Limited - India
- Ministry of Mines - Canada
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- CNBM International Corporation - China
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Altura Mining Limited, Indonesia
- VISA Power Limited - India
- Borneo Indobara - Indonesia
- Grasim Industreis Ltd - India
- Wood Mackenzie - Singapore
- Formosa Plastics Group - Taiwan
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- Kartika Selabumi Mining - Indonesia
- Sojitz Corporation - Japan
- Australian Coal Association
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- Rashtriya Ispat Nigam Limited - India
- Binh Thuan Hamico - Vietnam
- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
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- Karbindo Abesyapradhi - Indoneisa
- Karaikal Port Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- ICICI Bank Limited - India
- Global Green Power PLC Corporation, Philippines
- SMG Consultants - Indonesia
- Ministry of Finance - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Posco Energy - South Korea
- Sree Jayajothi Cements Limited - India
- Globalindo Alam Lestari - Indonesia
- Bangladesh Power Developement Board
- GN Power Mariveles Coal Plant, Philippines
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