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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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- Uttam Galva Steels Limited - India
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- Global Coal Blending Company Limited - Australia
- Mercator Lines Limited - India
- Eastern Coal Council - USA
- Straits Asia Resources Limited - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- VISA Power Limited - India
- Carbofer General Trading SA - India
- SMC Global Power, Philippines
- Maharashtra Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Bharathi Cement Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Power Finance Corporation Ltd., India
- Medco Energi Mining Internasional
- Banpu Public Company Limited - Thailand
- Standard Chartered Bank - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Commodity Traders Exchange
- SMG Consultants - Indonesia
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- OPG Power Generation Pvt Ltd - India
- Ministry of Finance - Indonesia
- Indonesian Coal Mining Association
- Kobexindo Tractors - Indoneisa
- Wood Mackenzie - Singapore
- Indian Oil Corporation Limited
- Ministry of Mines - Canada
- Central Electricity Authority - India
- Directorate Of Revenue Intelligence - India
- Intertek Mineral Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
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- Interocean Group of Companies - India
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- Petron Corporation, Philippines
- Planning Commission, India
- Georgia Ports Authority, United States
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- Leighton Contractors Pty Ltd - Australia
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- Cement Manufacturers Association - India
- Siam City Cement - Thailand
- Heidelberg Cement - Germany
- Larsen & Toubro Limited - India
- CIMB Investment Bank - Malaysia
- Bukit Baiduri Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Pendopo Energi Batubara - Indonesia
- The State Trading Corporation of India Ltd
- Dalmia Cement Bharat India
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- Karbindo Abesyapradhi - Indoneisa
- Central Java Power - Indonesia
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- Asmin Koalindo Tuhup - Indonesia
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- Sindya Power Generating Company Private Ltd
- Altura Mining Limited, Indonesia
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- Kalimantan Lumbung Energi - Indonesia
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- Ambuja Cements Ltd - India
- IEA Clean Coal Centre - UK
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- GAC Shipping (India) Pvt Ltd
- Bulk Trading Sa - Switzerland
- PTC India Limited - India
- Energy Development Corp, Philippines
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- Meralco Power Generation, Philippines
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- Global Green Power PLC Corporation, Philippines
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- Price Waterhouse Coopers - Russia
- Star Paper Mills Limited - India
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- Edison Trading Spa - Italy
- Kideco Jaya Agung - Indonesia
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- Australian Coal Association
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- Wilmar Investment Holdings
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- Borneo Indobara - Indonesia
- The Treasury - Australian Government
- Indogreen Group - Indonesia
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- Chamber of Mines of South Africa
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- Bhushan Steel Limited - India
- Coal and Oil Company - UAE
- Samtan Co., Ltd - South Korea
- White Energy Company Limited
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- Goldman Sachs - Singapore
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Metalloyd Limited - United Kingdom
- Port Waratah Coal Services - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- CNBM International Corporation - China
- Independent Power Producers Association of India
- Gujarat Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Sical Logistics Limited - India
- Commonwealth Bank - Australia
- Sojitz Corporation - Japan
- Energy Link Ltd, New Zealand
- Aditya Birla Group - India
- Bhatia International Limited - India
- Eastern Energy - Thailand
- Coalindo Energy - Indonesia
- Indika Energy - Indonesia
- Rio Tinto Coal - Australia
- Semirara Mining and Power Corporation, Philippines
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- Jaiprakash Power Ventures ltd
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- Makarim & Taira - Indonesia
- GVK Power & Infra Limited - India
- San Jose City I Power Corp, Philippines
- Videocon Industries ltd - India
- Binh Thuan Hamico - Vietnam
- Timah Investasi Mineral - Indoneisa
- Renaissance Capital - South Africa
- Mercuria Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- London Commodity Brokers - England
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- Ministry of Transport, Egypt
- Attock Cement Pakistan Limited
- LBH Netherlands Bv - Netherlands
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- Economic Council, Georgia
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- IHS Mccloskey Coal Group - USA
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- European Bulk Services B.V. - Netherlands
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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