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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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- Heidelberg Cement - Germany
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- Rio Tinto Coal - Australia
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- Posco Energy - South Korea
- Lanco Infratech Ltd - India
- OPG Power Generation Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- PTC India Limited - India
- Therma Luzon, Inc, Philippines
- Siam City Cement PLC, Thailand
- Marubeni Corporation - India
- Essar Steel Hazira Ltd - India
- Minerals Council of Australia
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- Parliament of New Zealand
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- TeaM Sual Corporation - Philippines
- Indonesian Coal Mining Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kapuas Tunggal Persada - Indonesia
- Australian Commodity Traders Exchange
- IEA Clean Coal Centre - UK
- Pipit Mutiara Jaya. PT, Indonesia
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- Semirara Mining Corp, Philippines
- Bharathi Cement Corporation - India
- New Zealand Coal & Carbon
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- Sinarmas Energy and Mining - Indonesia
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- MS Steel International - UAE
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- Coalindo Energy - Indonesia
- The University of Queensland
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- CNBM International Corporation - China
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- Barasentosa Lestari - Indonesia
- Meralco Power Generation, Philippines
- Georgia Ports Authority, United States
- Aboitiz Power Corporation - Philippines
- Eastern Coal Council - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thiess Contractors Indonesia
- Standard Chartered Bank - UAE
- Port Waratah Coal Services - Australia
- India Bulls Power Limited - India
- Maheswari Brothers Coal Limited - India
- Makarim & Taira - Indonesia
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- SN Aboitiz Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- Ministry of Transport, Egypt
- TNB Fuel Sdn Bhd - Malaysia
- Economic Council, Georgia
- Bayan Resources Tbk. - Indonesia
- Formosa Plastics Group - Taiwan
- Bangladesh Power Developement Board
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- Neyveli Lignite Corporation Ltd, - India
- Directorate General of MIneral and Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The Treasury - Australian Government
- London Commodity Brokers - England
- Attock Cement Pakistan Limited
- Meenaskhi Energy Private Limited - India
- GAC Shipping (India) Pvt Ltd
- Coal and Oil Company - UAE
- Singapore Mercantile Exchange
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- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Aditya Birla Group - India
- Wilmar Investment Holdings
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- Alfred C Toepfer International GmbH - Germany
- Vedanta Resources Plc - India
- Africa Commodities Group - South Africa
- Thai Mozambique Logistica
- Karbindo Abesyapradhi - Indoneisa
- Madhucon Powers Ltd - India
- Central Java Power - Indonesia
- Indian Energy Exchange, India
- Sakthi Sugars Limited - India
- The State Trading Corporation of India Ltd
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- Directorate Of Revenue Intelligence - India
- Australian Coal Association
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- Krishnapatnam Port Company Ltd. - India
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- Kobexindo Tractors - Indoneisa
- Price Waterhouse Coopers - Russia
- LBH Netherlands Bv - Netherlands
- Mercuria Energy - Indonesia
- Mercator Lines Limited - India
- Ministry of Finance - Indonesia
- Ministry of Mines - Canada
- SMC Global Power, Philippines
- Leighton Contractors Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Videocon Industries ltd - India
- Independent Power Producers Association of India
- Asmin Koalindo Tuhup - Indonesia
- Wood Mackenzie - Singapore
- Coastal Gujarat Power Limited - India
- Orica Australia Pty. Ltd.
- Sical Logistics Limited - India
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- AsiaOL BioFuels Corp., Philippines
- GVK Power & Infra Limited - India
- Chamber of Mines of South Africa
- Mintek Dendrill Indonesia
- Edison Trading Spa - Italy
- Electricity Generating Authority of Thailand
- PowerSource Philippines DevCo
- Trasteel International SA, Italy
- Simpson Spence & Young - Indonesia
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- VISA Power Limited - India
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- Planning Commission, India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Bhoruka Overseas - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Altura Mining Limited, Indonesia
- Gujarat Sidhee Cement - India
- Goldman Sachs - Singapore
- Electricity Authority, New Zealand
- Samtan Co., Ltd - South Korea
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- IHS Mccloskey Coal Group - USA
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- Binh Thuan Hamico - Vietnam
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