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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
- McConnell Dowell - Australia
- Sarangani Energy Corporation, Philippines
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- Barasentosa Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Sakthi Sugars Limited - India
- GVK Power & Infra Limited - India
- London Commodity Brokers - England
- Directorate General of MIneral and Coal - Indonesia
- Oldendorff Carriers - Singapore
- Mercuria Energy - Indonesia
- The University of Queensland
- Agrawal Coal Company - India
- Siam City Cement - Thailand
- Binh Thuan Hamico - Vietnam
- Straits Asia Resources Limited - Singapore
- Bayan Resources Tbk. - Indonesia
- PowerSource Philippines DevCo
- Edison Trading Spa - Italy
- Eastern Coal Council - USA
- Holcim Trading Pte Ltd - Singapore
- Sical Logistics Limited - India
- Rashtriya Ispat Nigam Limited - India
- Thai Mozambique Logistica
- Bukit Makmur.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Independent Power Producers Association of India
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- Lanco Infratech Ltd - India
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- Posco Energy - South Korea
- Directorate Of Revenue Intelligence - India
- Bulk Trading Sa - Switzerland
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- CNBM International Corporation - China
- TNB Fuel Sdn Bhd - Malaysia
- GAC Shipping (India) Pvt Ltd
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- Sojitz Corporation - Japan
- GMR Energy Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Star Paper Mills Limited - India
- Australian Coal Association
- Altura Mining Limited, Indonesia
- Central Electricity Authority - India
- Pipit Mutiara Jaya. PT, Indonesia
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- Kartika Selabumi Mining - Indonesia
- New Zealand Coal & Carbon
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- Bangladesh Power Developement Board
- Metalloyd Limited - United Kingdom
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- Tamil Nadu electricity Board
- Bhoruka Overseas - Indonesia
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- Planning Commission, India
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- Formosa Plastics Group - Taiwan
- Goldman Sachs - Singapore
- Trasteel International SA, Italy
- CIMB Investment Bank - Malaysia
- Grasim Industreis Ltd - India
- Standard Chartered Bank - UAE
- The Treasury - Australian Government
- Indian Oil Corporation Limited
- ICICI Bank Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maheswari Brothers Coal Limited - India
- India Bulls Power Limited - India
- Savvy Resources Ltd - HongKong
- Electricity Generating Authority of Thailand
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- Global Business Power Corporation, Philippines
- Electricity Authority, New Zealand
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- The State Trading Corporation of India Ltd
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- Simpson Spence & Young - Indonesia
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- Orica Mining Services - Indonesia
- Jaiprakash Power Ventures ltd
- Kaltim Prima Coal - Indonesia
- Semirara Mining Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Energy - Thailand
- Indonesian Coal Mining Association
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- Intertek Mineral Services - Indonesia
- Carbofer General Trading SA - India
- Sindya Power Generating Company Private Ltd
- Economic Council, Georgia
- SMC Global Power, Philippines
- Minerals Council of Australia
- Kepco SPC Power Corporation, Philippines
- Marubeni Corporation - India
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Malabar Cements Ltd - India
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- Singapore Mercantile Exchange
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- ASAPP Information Group - India
- Mercator Lines Limited - India
- Merrill Lynch Commodities Europe
- Meenaskhi Energy Private Limited - India
- Kumho Petrochemical, South Korea
- Borneo Indobara - Indonesia
- Commonwealth Bank - Australia
- Iligan Light & Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Ministry of Finance - Indonesia
- Orica Australia Pty. Ltd.
- MS Steel International - UAE
- LBH Netherlands Bv - Netherlands
- Chamber of Mines of South Africa
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- Bhushan Steel Limited - India
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- Banpu Public Company Limited - Thailand
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- Ceylon Electricity Board - Sri Lanka
- Central Java Power - Indonesia
- Samtan Co., Ltd - South Korea
- Bhatia International Limited - India
- Ministry of Mines - Canada
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Price Waterhouse Coopers - Russia
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- VISA Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Australian Commodity Traders Exchange
- Miang Besar Coal Terminal - Indonesia
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- Alfred C Toepfer International GmbH - Germany
- Sinarmas Energy and Mining - Indonesia
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- Indian Energy Exchange, India
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- Cement Manufacturers Association - India
- TeaM Sual Corporation - Philippines
- Parliament of New Zealand
- Global Coal Blending Company Limited - Australia
- Romanian Commodities Exchange
- Mjunction Services Limited - India
- IEA Clean Coal Centre - UK
- Coalindo Energy - Indonesia
- Africa Commodities Group - South Africa
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