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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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- Lanco Infratech Ltd - India
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- Merrill Lynch Commodities Europe
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- Jorong Barutama Greston.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- SMG Consultants - Indonesia
- VISA Power Limited - India
- Deloitte Consulting - India
- Renaissance Capital - South Africa
- Ceylon Electricity Board - Sri Lanka
- Indika Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Parliament of New Zealand
- Indo Tambangraya Megah - Indonesia
- Mercator Lines Limited - India
- MS Steel International - UAE
- IEA Clean Coal Centre - UK
- Vizag Seaport Private Limited - India
- Meralco Power Generation, Philippines
- Eastern Coal Council - USA
- Coastal Gujarat Power Limited - India
- Globalindo Alam Lestari - Indonesia
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- Standard Chartered Bank - UAE
- Central Electricity Authority - India
- GVK Power & Infra Limited - India
- Baramulti Group, Indonesia
- Posco Energy - South Korea
- Global Coal Blending Company Limited - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Makmur.PT - Indonesia
- ASAPP Information Group - India
- Savvy Resources Ltd - HongKong
- Ministry of Transport, Egypt
- Leighton Contractors Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- London Commodity Brokers - England
- Siam City Cement - Thailand
- Essar Steel Hazira Ltd - India
- Wood Mackenzie - Singapore
- Riau Bara Harum - Indonesia
- Star Paper Mills Limited - India
- Kartika Selabumi Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Bhoruka Overseas - Indonesia
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- Electricity Authority, New Zealand
- OPG Power Generation Pvt Ltd - India
- Energy Link Ltd, New Zealand
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- Gujarat Electricity Regulatory Commission - India
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- IHS Mccloskey Coal Group - USA
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- Romanian Commodities Exchange
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- Parry Sugars Refinery, India
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- Bukit Asam (Persero) Tbk - Indonesia
- Trasteel International SA, Italy
- Agrawal Coal Company - India
- Tata Chemicals Ltd - India
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- Wilmar Investment Holdings
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- Sarangani Energy Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Economic Council, Georgia
- Independent Power Producers Association of India
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- Borneo Indobara - Indonesia
- Directorate Of Revenue Intelligence - India
- Krishnapatnam Port Company Ltd. - India
- Africa Commodities Group - South Africa
- Energy Development Corp, Philippines
- ICICI Bank Limited - India
- Ambuja Cements Ltd - India
- Commonwealth Bank - Australia
- Miang Besar Coal Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Generating Authority of Thailand
- European Bulk Services B.V. - Netherlands
- Price Waterhouse Coopers - Russia
- Ind-Barath Power Infra Limited - India
- Xindia Steels Limited - India
- Marubeni Corporation - India
- International Coal Ventures Pvt Ltd - India
- Planning Commission, India
- Chamber of Mines of South Africa
- Vedanta Resources Plc - India
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- Malabar Cements Ltd - India
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- Kumho Petrochemical, South Korea
- Asmin Koalindo Tuhup - Indonesia
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- India Bulls Power Limited - India
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- Bangladesh Power Developement Board
- The State Trading Corporation of India Ltd
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- Petron Corporation, Philippines
- The Treasury - Australian Government
- GAC Shipping (India) Pvt Ltd
- Singapore Mercantile Exchange
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- Global Business Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Bulk Trading Sa - Switzerland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TeaM Sual Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- New Zealand Coal & Carbon
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- Videocon Industries ltd - India
- Australian Commodity Traders Exchange
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- Indonesian Coal Mining Association
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- Straits Asia Resources Limited - Singapore
- Therma Luzon, Inc, Philippines
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- Samtan Co., Ltd - South Korea
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- PTC India Limited - India
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- The University of Queensland
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- Oldendorff Carriers - Singapore
- Meenaskhi Energy Private Limited - India
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- Medco Energi Mining Internasional
- Minerals Council of Australia
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- White Energy Company Limited
- Attock Cement Pakistan Limited
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- Thiess Contractors Indonesia
- Bukit Baiduri Energy - Indonesia
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- Kapuas Tunggal Persada - Indonesia
- Binh Thuan Hamico - Vietnam
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