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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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- San Jose City I Power Corp, Philippines
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- Dalmia Cement Bharat India
- Jorong Barutama Greston.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Energy Link Ltd, New Zealand
- Orica Australia Pty. Ltd.
- Standard Chartered Bank - UAE
- Krishnapatnam Port Company Ltd. - India
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- Kobexindo Tractors - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
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- London Commodity Brokers - England
- Ceylon Electricity Board - Sri Lanka
- GAC Shipping (India) Pvt Ltd
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- Electricity Authority, New Zealand
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- Trasteel International SA, Italy
- Indogreen Group - Indonesia
- Interocean Group of Companies - India
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- Gujarat Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- VISA Power Limited - India
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- Goldman Sachs - Singapore
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- Karaikal Port Pvt Ltd - India
- Sojitz Corporation - Japan
- Vijayanagar Sugar Pvt Ltd - India
- Parliament of New Zealand
- Posco Energy - South Korea
- European Bulk Services B.V. - Netherlands
- Tata Chemicals Ltd - India
- IHS Mccloskey Coal Group - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Larsen & Toubro Limited - India
- Barasentosa Lestari - Indonesia
- Banpu Public Company Limited - Thailand
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- Samtan Co., Ltd - South Korea
- Meenaskhi Energy Private Limited - India
- Binh Thuan Hamico - Vietnam
- Bulk Trading Sa - Switzerland
- Kohat Cement Company Ltd. - Pakistan
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- The University of Queensland
- Merrill Lynch Commodities Europe
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- Maharashtra Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PNOC Exploration Corporation - Philippines
- Romanian Commodities Exchange
- Electricity Generating Authority of Thailand
- Gujarat Mineral Development Corp Ltd - India
- ICICI Bank Limited - India
- Timah Investasi Mineral - Indoneisa
- Eastern Coal Council - USA
- Eastern Energy - Thailand
- Directorate Of Revenue Intelligence - India
- Sakthi Sugars Limited - India
- SMC Global Power, Philippines
- Kartika Selabumi Mining - Indonesia
- Planning Commission, India
- Australian Coal Association
- Orica Mining Services - Indonesia
- Indika Energy - Indonesia
- IEA Clean Coal Centre - UK
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- New Zealand Coal & Carbon
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- Metalloyd Limited - United Kingdom
- Carbofer General Trading SA - India
- The State Trading Corporation of India Ltd
- Kumho Petrochemical, South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Chettinad Cement Corporation Ltd - India
- Minerals Council of Australia
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- Energy Development Corp, Philippines
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- Alfred C Toepfer International GmbH - Germany
- India Bulls Power Limited - India
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- Mintek Dendrill Indonesia
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- Chamber of Mines of South Africa
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- Edison Trading Spa - Italy
- Iligan Light & Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Coastal Gujarat Power Limited - India
- The Treasury - Australian Government
- Power Finance Corporation Ltd., India
- Sindya Power Generating Company Private Ltd
- Straits Asia Resources Limited - Singapore
- Ministry of Finance - Indonesia
- Toyota Tsusho Corporation, Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Port Waratah Coal Services - Australia
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- Directorate General of MIneral and Coal - Indonesia
- Sree Jayajothi Cements Limited - India
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- Global Coal Blending Company Limited - Australia
- PTC India Limited - India
- Singapore Mercantile Exchange
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- Heidelberg Cement - Germany
- Wood Mackenzie - Singapore
- Jaiprakash Power Ventures ltd
- Price Waterhouse Coopers - Russia
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- Mjunction Services Limited - India
- Bhushan Steel Limited - India
- McConnell Dowell - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Economic Council, Georgia
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