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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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- Merrill Lynch Commodities Europe
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- Iligan Light & Power Inc, Philippines
- Thiess Contractors Indonesia
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- Goldman Sachs - Singapore
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- Rio Tinto Coal - Australia
- Gujarat Sidhee Cement - India
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- New Zealand Coal & Carbon
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- London Commodity Brokers - England
- Chamber of Mines of South Africa
- Ministry of Mines - Canada
- Altura Mining Limited, Indonesia
- The University of Queensland
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- Metalloyd Limited - United Kingdom
- Power Finance Corporation Ltd., India
- Indika Energy - Indonesia
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- Coalindo Energy - Indonesia
- Makarim & Taira - Indonesia
- Kaltim Prima Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Trasteel International SA, Italy
- Indogreen Group - Indonesia
- Bharathi Cement Corporation - India
- Eastern Energy - Thailand
- Holcim Trading Pte Ltd - Singapore
- Ministry of Transport, Egypt
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- Renaissance Capital - South Africa
- Kumho Petrochemical, South Korea
- Global Business Power Corporation, Philippines
- Sojitz Corporation - Japan
- Bulk Trading Sa - Switzerland
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- Georgia Ports Authority, United States
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- Bhatia International Limited - India
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- Indonesian Coal Mining Association
- TNB Fuel Sdn Bhd - Malaysia
- Kepco SPC Power Corporation, Philippines
- Petron Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
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- Asmin Koalindo Tuhup - Indonesia
- International Coal Ventures Pvt Ltd - India
- Carbofer General Trading SA - India
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- Australian Coal Association
- Sical Logistics Limited - India
- Essar Steel Hazira Ltd - India
- Singapore Mercantile Exchange
- Electricity Generating Authority of Thailand
- Medco Energi Mining Internasional
- OPG Power Generation Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Orica Mining Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Minerals Council of Australia
- Aditya Birla Group - India
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- GVK Power & Infra Limited - India
- Tata Chemicals Ltd - India
- CIMB Investment Bank - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Grasim Industreis Ltd - India
- Ambuja Cements Ltd - India
- India Bulls Power Limited - India
- Central Electricity Authority - India
- Uttam Galva Steels Limited - India
- Posco Energy - South Korea
- Straits Asia Resources Limited - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- SMC Global Power, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Eastern Coal Council - USA
- Port Waratah Coal Services - Australia
- Jorong Barutama Greston.PT - Indonesia
- Simpson Spence & Young - Indonesia
- ASAPP Information Group - India
- Sree Jayajothi Cements Limited - India
- Ministry of Finance - Indonesia
- Electricity Authority, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Mercuria Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Economic Council, Georgia
- Orica Australia Pty. Ltd.
- Jaiprakash Power Ventures ltd
- Commonwealth Bank - Australia
- Sinarmas Energy and Mining - Indonesia
- SMG Consultants - Indonesia
- San Jose City I Power Corp, Philippines
- Romanian Commodities Exchange
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- McConnell Dowell - Australia
- Edison Trading Spa - Italy
- Energy Link Ltd, New Zealand
- Samtan Co., Ltd - South Korea
- White Energy Company Limited
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- Australian Commodity Traders Exchange
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- European Bulk Services B.V. - Netherlands
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- Indian Oil Corporation Limited
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- Central Java Power - Indonesia
- Standard Chartered Bank - UAE
- IHS Mccloskey Coal Group - USA
- Bukit Makmur.PT - Indonesia
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- Petrochimia International Co. Ltd.- Taiwan
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- Independent Power Producers Association of India
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- Thai Mozambique Logistica
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- Deloitte Consulting - India
- Xindia Steels Limited - India
- Planning Commission, India
- SN Aboitiz Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Price Waterhouse Coopers - Russia
- MS Steel International - UAE
- Directorate Of Revenue Intelligence - India
- Coastal Gujarat Power Limited - India
- Wilmar Investment Holdings
- GAC Shipping (India) Pvt Ltd
- Ceylon Electricity Board - Sri Lanka
- Kalimantan Lumbung Energi - Indonesia
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