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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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- Essar Steel Hazira Ltd - India
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- Toyota Tsusho Corporation, Japan
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- India Bulls Power Limited - India
- Sojitz Corporation - Japan
- Kepco SPC Power Corporation, Philippines
- Petron Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Economic Council, Georgia
- Alfred C Toepfer International GmbH - Germany
- ICICI Bank Limited - India
- Wilmar Investment Holdings
- Bhatia International Limited - India
- Grasim Industreis Ltd - India
- IHS Mccloskey Coal Group - USA
- Electricity Authority, New Zealand
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- Dalmia Cement Bharat India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Business Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
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- Parliament of New Zealand
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- Manunggal Multi Energi - Indonesia
- VISA Power Limited - India
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- Straits Asia Resources Limited - Singapore
- Maheswari Brothers Coal Limited - India
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- Minerals Council of Australia
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- Indogreen Group - Indonesia
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- Mjunction Services Limited - India
- Barasentosa Lestari - Indonesia
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- Ministry of Transport, Egypt
- Merrill Lynch Commodities Europe
- Energy Link Ltd, New Zealand
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- Ministry of Finance - Indonesia
- Bukit Makmur.PT - Indonesia
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- OPG Power Generation Pvt Ltd - India
- Power Finance Corporation Ltd., India
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- White Energy Company Limited
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- Singapore Mercantile Exchange
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- Petrochimia International Co. Ltd.- Taiwan
- ASAPP Information Group - India
- Sakthi Sugars Limited - India
- Jindal Steel & Power Ltd - India
- SMC Global Power, Philippines
- Kobexindo Tractors - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Coal Blending Company Limited - Australia
- Interocean Group of Companies - India
- Kaltim Prima Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Goldman Sachs - Singapore
- Ceylon Electricity Board - Sri Lanka
- McConnell Dowell - Australia
- Uttam Galva Steels Limited - India
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- European Bulk Services B.V. - Netherlands
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- Billiton Holdings Pty Ltd - Australia
- MS Steel International - UAE
- Indian Energy Exchange, India
- New Zealand Coal & Carbon
- Metalloyd Limited - United Kingdom
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- Latin American Coal - Colombia
- Wood Mackenzie - Singapore
- Africa Commodities Group - South Africa
- Gujarat Sidhee Cement - India
- Savvy Resources Ltd - HongKong
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
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- The State Trading Corporation of India Ltd
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- Coal and Oil Company - UAE
- Chettinad Cement Corporation Ltd - India
- Electricity Generating Authority of Thailand
- Formosa Plastics Group - Taiwan
- Mintek Dendrill Indonesia
- Ministry of Mines - Canada
- Eastern Energy - Thailand
- Siam City Cement - Thailand
- Sinarmas Energy and Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Marubeni Corporation - India
- Planning Commission, India
- Indika Energy - Indonesia
- Romanian Commodities Exchange
- Thiess Contractors Indonesia
- Bhoruka Overseas - Indonesia
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- Xindia Steels Limited - India
- Independent Power Producers Association of India
- Cement Manufacturers Association - India
- Samtan Co., Ltd - South Korea
- Star Paper Mills Limited - India
- The University of Queensland
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- Videocon Industries ltd - India
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- Cigading International Bulk Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Standard Chartered Bank - UAE
- The Treasury - Australian Government
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- Tamil Nadu electricity Board
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- Agrawal Coal Company - India
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- Directorate General of MIneral and Coal - Indonesia
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- Krishnapatnam Port Company Ltd. - India
- Commonwealth Bank - Australia
- Jaiprakash Power Ventures ltd
- Orica Australia Pty. Ltd.
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- Binh Thuan Hamico - Vietnam
- Price Waterhouse Coopers - Russia
- Indonesian Coal Mining Association
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