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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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- Jaiprakash Power Ventures ltd
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- Grasim Industreis Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- MS Steel International - UAE
- Aditya Birla Group - India
- London Commodity Brokers - England
- Samtan Co., Ltd - South Korea
- PNOC Exploration Corporation - Philippines
- Salva Resources Pvt Ltd - India
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- GN Power Mariveles Coal Plant, Philippines
- McConnell Dowell - Australia
- Meenaskhi Energy Private Limited - India
- Thiess Contractors Indonesia
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- Orica Mining Services - Indonesia
- Cement Manufacturers Association - India
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- Australian Commodity Traders Exchange
- India Bulls Power Limited - India
- Globalindo Alam Lestari - Indonesia
- CNBM International Corporation - China
- Sojitz Corporation - Japan
- Kalimantan Lumbung Energi - Indonesia
- Indonesian Coal Mining Association
- Sakthi Sugars Limited - India
- Kideco Jaya Agung - Indonesia
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- Kumho Petrochemical, South Korea
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- Leighton Contractors Pty Ltd - Australia
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- Deloitte Consulting - India
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- Gujarat Mineral Development Corp Ltd - India
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- Rio Tinto Coal - Australia
- Videocon Industries ltd - India
- Siam City Cement - Thailand
- Goldman Sachs - Singapore
- Baramulti Group, Indonesia
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- Petron Corporation, Philippines
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- The University of Queensland
- Indian Oil Corporation Limited
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- Formosa Plastics Group - Taiwan
- Tata Chemicals Ltd - India
- Mjunction Services Limited - India
- Bukit Makmur.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Intertek Mineral Services - Indonesia
- Essar Steel Hazira Ltd - India
- VISA Power Limited - India
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- Energy Development Corp, Philippines
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- European Bulk Services B.V. - Netherlands
- GAC Shipping (India) Pvt Ltd
- Electricity Generating Authority of Thailand
- IEA Clean Coal Centre - UK
- Toyota Tsusho Corporation, Japan
- The Treasury - Australian Government
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- Power Finance Corporation Ltd., India
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- Alfred C Toepfer International GmbH - Germany
- Bhatia International Limited - India
- White Energy Company Limited
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- Antam Resourcindo - Indonesia
- Medco Energi Mining Internasional
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chamber of Mines of South Africa
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- Jindal Steel & Power Ltd - India
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- Banpu Public Company Limited - Thailand
- PowerSource Philippines DevCo
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- Ministry of Transport, Egypt
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- ASAPP Information Group - India
- Manunggal Multi Energi - Indonesia
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Global Coal Blending Company Limited - Australia
- Bharathi Cement Corporation - India
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- Directorate General of MIneral and Coal - Indonesia
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- Ministry of Mines - Canada
- Siam City Cement PLC, Thailand
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- Africa Commodities Group - South Africa
- Electricity Authority, New Zealand
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- Gujarat Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Independent Power Producers Association of India
- Interocean Group of Companies - India
- Ministry of Finance - Indonesia
- Bangladesh Power Developement Board
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- Singapore Mercantile Exchange
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- Romanian Commodities Exchange
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- Commonwealth Bank - Australia
- Malabar Cements Ltd - India
- Wood Mackenzie - Singapore
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