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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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- Jaiprakash Power Ventures ltd
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- VISA Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Mining Services - Indonesia
- Savvy Resources Ltd - HongKong
- Eastern Coal Council - USA
- TNB Fuel Sdn Bhd - Malaysia
- Salva Resources Pvt Ltd - India
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- Essar Steel Hazira Ltd - India
- San Jose City I Power Corp, Philippines
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- Sindya Power Generating Company Private Ltd
- New Zealand Coal & Carbon
- The University of Queensland
- SMC Global Power, Philippines
- Renaissance Capital - South Africa
- Mercuria Energy - Indonesia
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- Indogreen Group - Indonesia
- Wood Mackenzie - Singapore
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- Altura Mining Limited, Indonesia
- Interocean Group of Companies - India
- McConnell Dowell - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Bhoruka Overseas - Indonesia
- Lanco Infratech Ltd - India
- Africa Commodities Group - South Africa
- Xindia Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- MS Steel International - UAE
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- Indian Energy Exchange, India
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- Heidelberg Cement - Germany
- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- Electricity Authority, New Zealand
- Bhatia International Limited - India
- Georgia Ports Authority, United States
- Agrawal Coal Company - India
- Straits Asia Resources Limited - Singapore
- Star Paper Mills Limited - India
- Australian Commodity Traders Exchange
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- PNOC Exploration Corporation - Philippines
- Deloitte Consulting - India
- Semirara Mining Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- GVK Power & Infra Limited - India
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- TeaM Sual Corporation - Philippines
- White Energy Company Limited
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- The State Trading Corporation of India Ltd
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- Indian Oil Corporation Limited
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- Independent Power Producers Association of India
- Vedanta Resources Plc - India
- Gujarat Sidhee Cement - India
- Sojitz Corporation - Japan
- Tamil Nadu electricity Board
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
- Chamber of Mines of South Africa
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- Uttam Galva Steels Limited - India
- Bangladesh Power Developement Board
- Trasteel International SA, Italy
- Energy Development Corp, Philippines
- India Bulls Power Limited - India
- London Commodity Brokers - England
- Karbindo Abesyapradhi - Indoneisa
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- Kumho Petrochemical, South Korea
- Price Waterhouse Coopers - Russia
- Semirara Mining and Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Australian Coal Association
- Pendopo Energi Batubara - Indonesia
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- Planning Commission, India
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- Merrill Lynch Commodities Europe
- Singapore Mercantile Exchange
- Manunggal Multi Energi - Indonesia
- Videocon Industries ltd - India
- Indonesian Coal Mining Association
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- Sree Jayajothi Cements Limited - India
- Simpson Spence & Young - Indonesia
- Ministry of Finance - Indonesia
- SMG Consultants - Indonesia
- IHS Mccloskey Coal Group - USA
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- Ministry of Mines - Canada
- Medco Energi Mining Internasional
- IEA Clean Coal Centre - UK
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- Siam City Cement PLC, Thailand
- CNBM International Corporation - China
- Dalmia Cement Bharat India
- Romanian Commodities Exchange
- Directorate General of MIneral and Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Energy Link Ltd, New Zealand
- Central Java Power - Indonesia
- PowerSource Philippines DevCo
- International Coal Ventures Pvt Ltd - India
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- Parliament of New Zealand
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- Edison Trading Spa - Italy
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- Ind-Barath Power Infra Limited - India
- Wilmar Investment Holdings
- Petrochimia International Co. Ltd.- Taiwan
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- Miang Besar Coal Terminal - Indonesia
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