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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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- Alfred C Toepfer International GmbH - Germany
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- Siam City Cement PLC, Thailand
- PTC India Limited - India
- Billiton Holdings Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
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- Maheswari Brothers Coal Limited - India
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- Wilmar Investment Holdings
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- Minerals Council of Australia
- Thiess Contractors Indonesia
- Directorate General of MIneral and Coal - Indonesia
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- Coalindo Energy - Indonesia
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- Semirara Mining Corp, Philippines
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- Latin American Coal - Colombia
- Toyota Tsusho Corporation, Japan
- Uttam Galva Steels Limited - India
- Indonesian Coal Mining Association
- Maharashtra Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining and Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Eastern Coal Council - USA
- Metalloyd Limited - United Kingdom
- Videocon Industries ltd - India
- Leighton Contractors Pty Ltd - Australia
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- Banpu Public Company Limited - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Binh Thuan Hamico - Vietnam
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- Singapore Mercantile Exchange
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Samtan Co., Ltd - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- IEA Clean Coal Centre - UK
- IHS Mccloskey Coal Group - USA
- Mercator Lines Limited - India
- ASAPP Information Group - India
- Iligan Light & Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Sojitz Corporation - Japan
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- The State Trading Corporation of India Ltd
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- Kalimantan Lumbung Energi - Indonesia
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- Riau Bara Harum - Indonesia
- Merrill Lynch Commodities Europe
- Sical Logistics Limited - India
- Eastern Energy - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Cement Manufacturers Association - India
- Independent Power Producers Association of India
- Ministry of Finance - Indonesia
- SMG Consultants - Indonesia
- Kumho Petrochemical, South Korea
- Interocean Group of Companies - India
- McConnell Dowell - Australia
- GVK Power & Infra Limited - India
- Marubeni Corporation - India
- ICICI Bank Limited - India
- Bayan Resources Tbk. - Indonesia
- Georgia Ports Authority, United States
- Petron Corporation, Philippines
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- Krishnapatnam Port Company Ltd. - India
- The University of Queensland
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- Altura Mining Limited, Indonesia
- Standard Chartered Bank - UAE
- Kapuas Tunggal Persada - Indonesia
- Star Paper Mills Limited - India
- Coal and Oil Company - UAE
- CIMB Investment Bank - Malaysia
- Edison Trading Spa - Italy
- Ceylon Electricity Board - Sri Lanka
- Electricity Authority, New Zealand
- Larsen & Toubro Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Parry Sugars Refinery, India
- SN Aboitiz Power Inc, Philippines
- SMC Global Power, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Oldendorff Carriers - Singapore
- Power Finance Corporation Ltd., India
- Global Green Power PLC Corporation, Philippines
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- MS Steel International - UAE
- Central Electricity Authority - India
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- Indian Oil Corporation Limited
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- Rashtriya Ispat Nigam Limited - India
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- Attock Cement Pakistan Limited
- Indian Energy Exchange, India
- New Zealand Coal & Carbon
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- Energy Development Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Planning Commission, India
- The Treasury - Australian Government
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- Energy Link Ltd, New Zealand
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- Bukit Asam (Persero) Tbk - Indonesia
- Africa Commodities Group - South Africa
- Global Coal Blending Company Limited - Australia
- Heidelberg Cement - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- CNBM International Corporation - China
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- Economic Council, Georgia
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- White Energy Company Limited
- Wood Mackenzie - Singapore
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- Parliament of New Zealand
- Grasim Industreis Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Port Waratah Coal Services - Australia
- Mjunction Services Limited - India
- Aboitiz Power Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- PowerSource Philippines DevCo
- Bank of Tokyo Mitsubishi UFJ Ltd
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