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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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- White Energy Company Limited
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- Pipit Mutiara Jaya. PT, Indonesia
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- London Commodity Brokers - England
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- Banpu Public Company Limited - Thailand
- Independent Power Producers Association of India
- Bulk Trading Sa - Switzerland
- Krishnapatnam Port Company Ltd. - India
- ASAPP Information Group - India
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- Meralco Power Generation, Philippines
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- Antam Resourcindo - Indonesia
- AsiaOL BioFuels Corp., Philippines
- IHS Mccloskey Coal Group - USA
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- SMC Global Power, Philippines
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- Ministry of Mines - Canada
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- Directorate Of Revenue Intelligence - India
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- Oldendorff Carriers - Singapore
- Miang Besar Coal Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Bahari Cakrawala Sebuku - Indonesia
- Marubeni Corporation - India
- Bhoruka Overseas - Indonesia
- Bangladesh Power Developement Board
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- SN Aboitiz Power Inc, Philippines
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- The State Trading Corporation of India Ltd
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- Ministry of Finance - Indonesia
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- Australian Coal Association
- Petron Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Singapore Mercantile Exchange
- European Bulk Services B.V. - Netherlands
- Essar Steel Hazira Ltd - India
- Rio Tinto Coal - Australia
- San Jose City I Power Corp, Philippines
- Electricity Authority, New Zealand
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- Makarim & Taira - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Coal and Oil Company - UAE
- Billiton Holdings Pty Ltd - Australia
- Riau Bara Harum - Indonesia
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- Ceylon Electricity Board - Sri Lanka
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- Ministry of Transport, Egypt
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- Baramulti Group, Indonesia
- CNBM International Corporation - China
- Altura Mining Limited, Indonesia
- Intertek Mineral Services - Indonesia
- Coastal Gujarat Power Limited - India
- Metalloyd Limited - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Manunggal Multi Energi - Indonesia
- Cement Manufacturers Association - India
- Sakthi Sugars Limited - India
- Edison Trading Spa - Italy
- Globalindo Alam Lestari - Indonesia
- Planning Commission, India
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- Tata Chemicals Ltd - India
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- LBH Netherlands Bv - Netherlands
- Kartika Selabumi Mining - Indonesia
- Thiess Contractors Indonesia
- Romanian Commodities Exchange
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- The University of Queensland
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- Power Finance Corporation Ltd., India
- GMR Energy Limited - India
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- Lanco Infratech Ltd - India
- PowerSource Philippines DevCo
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Toyota Tsusho Corporation, Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karbindo Abesyapradhi - Indoneisa
- Indonesian Coal Mining Association
- Goldman Sachs - Singapore
- ICICI Bank Limited - India
- Straits Asia Resources Limited - Singapore
- Jindal Steel & Power Ltd - India
- Kaltim Prima Coal - Indonesia
- Thai Mozambique Logistica
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- Wood Mackenzie - Singapore
- India Bulls Power Limited - India
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- Uttam Galva Steels Limited - India
- Coalindo Energy - Indonesia
- Sojitz Corporation - Japan
- New Zealand Coal & Carbon
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- Africa Commodities Group - South Africa
- Vedanta Resources Plc - India
- Kepco SPC Power Corporation, Philippines
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- Binh Thuan Hamico - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Sree Jayajothi Cements Limited - India
- Economic Council, Georgia
- Australian Commodity Traders Exchange
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- Georgia Ports Authority, United States
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- Chamber of Mines of South Africa
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