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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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- Larsen & Toubro Limited - India
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- Merrill Lynch Commodities Europe
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Mining Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Economic Council, Georgia
- Kobexindo Tractors - Indoneisa
- Coalindo Energy - Indonesia
- Minerals Council of Australia
- MS Steel International - UAE
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- Australian Coal Association
- Simpson Spence & Young - Indonesia
- European Bulk Services B.V. - Netherlands
- Kartika Selabumi Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Indogreen Group - Indonesia
- Port Waratah Coal Services - Australia
- Dalmia Cement Bharat India
- Indian Oil Corporation Limited
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- Global Coal Blending Company Limited - Australia
- India Bulls Power Limited - India
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- Mintek Dendrill Indonesia
- White Energy Company Limited
- Commonwealth Bank - Australia
- Orica Australia Pty. Ltd.
- New Zealand Coal & Carbon
- McConnell Dowell - Australia
- ASAPP Information Group - India
- OPG Power Generation Pvt Ltd - India
- Madhucon Powers Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Petron Corporation, Philippines
- Sakthi Sugars Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Planning Commission, India
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- Metalloyd Limited - United Kingdom
- Bukit Makmur.PT - Indonesia
- Price Waterhouse Coopers - Russia
- SMG Consultants - Indonesia
- Electricity Authority, New Zealand
- ICICI Bank Limited - India
- Siam City Cement - Thailand
- Uttam Galva Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Baramulti Group, Indonesia
- Ministry of Mines - Canada
- Indonesian Coal Mining Association
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- Intertek Mineral Services - Indonesia
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- Coal and Oil Company - UAE
- Mercuria Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Singapore Mercantile Exchange
- Independent Power Producers Association of India
- Electricity Generating Authority of Thailand
- Kepco SPC Power Corporation, Philippines
- Star Paper Mills Limited - India
- Bhatia International Limited - India
- Karaikal Port Pvt Ltd - India
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- Wilmar Investment Holdings
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- Timah Investasi Mineral - Indoneisa
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- Standard Chartered Bank - UAE
- Bukit Baiduri Energy - Indonesia
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- Directorate Of Revenue Intelligence - India
- Africa Commodities Group - South Africa
- Ministry of Finance - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Marubeni Corporation - India
- Anglo American - United Kingdom
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Trasteel International SA, Italy
- The State Trading Corporation of India Ltd
- The University of Queensland
- Kumho Petrochemical, South Korea
- Eastern Energy - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Oldendorff Carriers - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Globalindo Alam Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Edison Trading Spa - Italy
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- Thiess Contractors Indonesia
- Barasentosa Lestari - Indonesia
- PTC India Limited - India
- Miang Besar Coal Terminal - Indonesia
- Medco Energi Mining Internasional
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- Maharashtra Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Indo Tambangraya Megah - Indonesia
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- Thai Mozambique Logistica
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- Sojitz Corporation - Japan
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- PowerSource Philippines DevCo
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- Bangladesh Power Developement Board
- London Commodity Brokers - England
- Riau Bara Harum - Indonesia
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- Holcim Trading Pte Ltd - Singapore
- Straits Asia Resources Limited - Singapore
- Wood Mackenzie - Singapore
- Eastern Coal Council - USA
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- IHS Mccloskey Coal Group - USA
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- Georgia Ports Authority, United States
- The Treasury - Australian Government
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Xindia Steels Limited - India
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- Energy Link Ltd, New Zealand
- Indika Energy - Indonesia
- Antam Resourcindo - Indonesia
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