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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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- Krishnapatnam Port Company Ltd. - India
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- Orica Mining Services - Indonesia
- Therma Luzon, Inc, Philippines
- Xindia Steels Limited - India
- Interocean Group of Companies - India
- Miang Besar Coal Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Kumho Petrochemical, South Korea
- Kideco Jaya Agung - Indonesia
- Ministry of Mines - Canada
- Bhatia International Limited - India
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- Globalindo Alam Lestari - Indonesia
- Bulk Trading Sa - Switzerland
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- Ministry of Finance - Indonesia
- Siam City Cement - Thailand
- IHS Mccloskey Coal Group - USA
- Jorong Barutama Greston.PT - Indonesia
- McConnell Dowell - Australia
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- Bangladesh Power Developement Board
- Pipit Mutiara Jaya. PT, Indonesia
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- Thiess Contractors Indonesia
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- Economic Council, Georgia
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- White Energy Company Limited
- Goldman Sachs - Singapore
- International Coal Ventures Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Makarim & Taira - Indonesia
- Commonwealth Bank - Australia
- The Treasury - Australian Government
- Formosa Plastics Group - Taiwan
- Barasentosa Lestari - Indonesia
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- Standard Chartered Bank - UAE
- Deloitte Consulting - India
- Georgia Ports Authority, United States
- Meenaskhi Energy Private Limited - India
- New Zealand Coal & Carbon
- Central Electricity Authority - India
- Energy Link Ltd, New Zealand
- Edison Trading Spa - Italy
- Borneo Indobara - Indonesia
- Essar Steel Hazira Ltd - India
- Videocon Industries ltd - India
- IEA Clean Coal Centre - UK
- Uttam Galva Steels Limited - India
- Global Business Power Corporation, Philippines
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- Anglo American - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- Planning Commission, India
- Parliament of New Zealand
- Chamber of Mines of South Africa
- South Luzon Thermal Energy Corporation
- Eastern Coal Council - USA
- Electricity Generating Authority of Thailand
- Tata Chemicals Ltd - India
- Indika Energy - Indonesia
- Mercuria Energy - Indonesia
- Independent Power Producers Association of India
- ASAPP Information Group - India
- Simpson Spence & Young - Indonesia
- Wood Mackenzie - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- PTC India Limited - India
- Singapore Mercantile Exchange
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- India Bulls Power Limited - India
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- London Commodity Brokers - England
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- SMC Global Power, Philippines
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- Grasim Industreis Ltd - India
- MS Steel International - UAE
- Agrawal Coal Company - India
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- Indonesian Coal Mining Association
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- Medco Energi Mining Internasional
- Ceylon Electricity Board - Sri Lanka
- Power Finance Corporation Ltd., India
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- Semirara Mining Corp, Philippines
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- Australian Coal Association
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- GMR Energy Limited - India
- Indian Energy Exchange, India
- Neyveli Lignite Corporation Ltd, - India
- Baramulti Group, Indonesia
- Ind-Barath Power Infra Limited - India
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- Price Waterhouse Coopers - Russia
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- Sojitz Corporation - Japan
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- Energy Development Corp, Philippines
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- Electricity Authority, New Zealand
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- AsiaOL BioFuels Corp., Philippines
- Metalloyd Limited - United Kingdom
- Jindal Steel & Power Ltd - India
- Tamil Nadu electricity Board
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- Maheswari Brothers Coal Limited - India
- Indogreen Group - Indonesia
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