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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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- GAC Shipping (India) Pvt Ltd
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- Merrill Lynch Commodities Europe
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- IHS Mccloskey Coal Group - USA
- Jaiprakash Power Ventures ltd
- India Bulls Power Limited - India
- Petron Corporation, Philippines
- Central Electricity Authority - India
- Ministry of Transport, Egypt
- International Coal Ventures Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Latin American Coal - Colombia
- Gujarat Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- San Jose City I Power Corp, Philippines
- Mjunction Services Limited - India
- Globalindo Alam Lestari - Indonesia
- Renaissance Capital - South Africa
- Orica Mining Services - Indonesia
- McConnell Dowell - Australia
- Makarim & Taira - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Mintek Dendrill Indonesia
- Chamber of Mines of South Africa
- Aditya Birla Group - India
- Price Waterhouse Coopers - Russia
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- Kaltim Prima Coal - Indonesia
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- Rashtriya Ispat Nigam Limited - India
- The Treasury - Australian Government
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- Goldman Sachs - Singapore
- Indonesian Coal Mining Association
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- Bukit Makmur.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Borneo Indobara - Indonesia
- Essar Steel Hazira Ltd - India
- Independent Power Producers Association of India
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- Economic Council, Georgia
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- Marubeni Corporation - India
- Gujarat Mineral Development Corp Ltd - India
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- Banpu Public Company Limited - Thailand
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- Power Finance Corporation Ltd., India
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- Energy Development Corp, Philippines
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- Electricity Generating Authority of Thailand
- Mercator Lines Limited - India
- Thiess Contractors Indonesia
- Manunggal Multi Energi - Indonesia
- White Energy Company Limited
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- MS Steel International - UAE
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- Dalmia Cement Bharat India
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- VISA Power Limited - India
- Altura Mining Limited, Indonesia
- ASAPP Information Group - India
- Attock Cement Pakistan Limited
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- Madhucon Powers Ltd - India
- Eastern Energy - Thailand
- Xindia Steels Limited - India
- Africa Commodities Group - South Africa
- Krishnapatnam Port Company Ltd. - India
- Miang Besar Coal Terminal - Indonesia
- Parliament of New Zealand
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- Semirara Mining and Power Corporation, Philippines
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- Australian Coal Association
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- Energy Link Ltd, New Zealand
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- PTC India Limited - India
- Holcim Trading Pte Ltd - Singapore
- Uttam Galva Steels Limited - India
- Metalloyd Limited - United Kingdom
- Interocean Group of Companies - India
- Carbofer General Trading SA - India
- Sindya Power Generating Company Private Ltd
- Global Green Power PLC Corporation, Philippines
- Vedanta Resources Plc - India
- Australian Commodity Traders Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Intertek Mineral Services - Indonesia
- New Zealand Coal & Carbon
- Indo Tambangraya Megah - Indonesia
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- The University of Queensland
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- South Luzon Thermal Energy Corporation
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- Ministry of Mines - Canada
- IEA Clean Coal Centre - UK
- Bharathi Cement Corporation - India
- Sinarmas Energy and Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Port Waratah Coal Services - Australia
- GMR Energy Limited - India
- Star Paper Mills Limited - India
- Lanco Infratech Ltd - India
- Trasteel International SA, Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maheswari Brothers Coal Limited - India
- Global Business Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
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- Anglo American - United Kingdom
- Bayan Resources Tbk. - Indonesia
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- Planning Commission, India
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- Commonwealth Bank - Australia
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Sidhee Cement - India
- Leighton Contractors Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
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- TeaM Sual Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
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- Ceylon Electricity Board - Sri Lanka
- Coal and Oil Company - UAE
- Singapore Mercantile Exchange
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- Eastern Coal Council - USA
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- Minerals Council of Australia
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- Billiton Holdings Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- Meralco Power Generation, Philippines
- Sojitz Corporation - Japan
- Bangladesh Power Developement Board
- CIMB Investment Bank - Malaysia
- Timah Investasi Mineral - Indoneisa
- GVK Power & Infra Limited - India
- ICICI Bank Limited - India
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- The State Trading Corporation of India Ltd
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- Indian Energy Exchange, India
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