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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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- Larsen & Toubro Limited - India
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- Merrill Lynch Commodities Europe
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- Siam City Cement PLC, Thailand
- Indika Energy - Indonesia
- ASAPP Information Group - India
- Marubeni Corporation - India
- Altura Mining Limited, Indonesia
- European Bulk Services B.V. - Netherlands
- Renaissance Capital - South Africa
- Standard Chartered Bank - UAE
- Timah Investasi Mineral - Indoneisa
- Kideco Jaya Agung - Indonesia
- Medco Energi Mining Internasional
- Billiton Holdings Pty Ltd - Australia
- Electricity Authority, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coal and Oil Company - UAE
- Commonwealth Bank - Australia
- Romanian Commodities Exchange
- Kartika Selabumi Mining - Indonesia
- Indogreen Group - Indonesia
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- Karaikal Port Pvt Ltd - India
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- Global Business Power Corporation, Philippines
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- Edison Trading Spa - Italy
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- White Energy Company Limited
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- Goldman Sachs - Singapore
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- Sojitz Corporation - Japan
- Krishnapatnam Port Company Ltd. - India
- Sinarmas Energy and Mining - Indonesia
- IEA Clean Coal Centre - UK
- Miang Besar Coal Terminal - Indonesia
- Mercator Lines Limited - India
- Samtan Co., Ltd - South Korea
- Barasentosa Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Tamil Nadu electricity Board
- India Bulls Power Limited - India
- Orica Mining Services - Indonesia
- McConnell Dowell - Australia
- LBH Netherlands Bv - Netherlands
- Maheswari Brothers Coal Limited - India
- Australian Commodity Traders Exchange
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- Ambuja Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
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- The University of Queensland
- Power Finance Corporation Ltd., India
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- Australian Coal Association
- Gujarat Sidhee Cement - India
- Minerals Council of Australia
- Central Electricity Authority - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- New Zealand Coal & Carbon
- Kobexindo Tractors - Indoneisa
- Directorate Of Revenue Intelligence - India
- PTC India Limited - India
- Latin American Coal - Colombia
- The State Trading Corporation of India Ltd
- SN Aboitiz Power Inc, Philippines
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- Sree Jayajothi Cements Limited - India
- Parliament of New Zealand
- Ministry of Mines - Canada
- London Commodity Brokers - England
- Bahari Cakrawala Sebuku - Indonesia
- Anglo American - United Kingdom
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- Dalmia Cement Bharat India
- Chamber of Mines of South Africa
- Wilmar Investment Holdings
- Interocean Group of Companies - India
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- Manunggal Multi Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- Alfred C Toepfer International GmbH - Germany
- Thai Mozambique Logistica
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- Petrochimia International Co. Ltd.- Taiwan
- Price Waterhouse Coopers - Russia
- PowerSource Philippines DevCo
- Planning Commission, India
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- Economic Council, Georgia
- GAC Shipping (India) Pvt Ltd
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- Lanco Infratech Ltd - India
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- Kohat Cement Company Ltd. - Pakistan
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- Jorong Barutama Greston.PT - Indonesia
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- Thiess Contractors Indonesia
- Cigading International Bulk Terminal - Indonesia
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- San Jose City I Power Corp, Philippines
- MS Steel International - UAE
- Karbindo Abesyapradhi - Indoneisa
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- Simpson Spence & Young - Indonesia
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- Ministry of Finance - Indonesia
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- Therma Luzon, Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Trasteel International SA, Italy
- Sindya Power Generating Company Private Ltd
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- Mintek Dendrill Indonesia
- Antam Resourcindo - Indonesia
- IHS Mccloskey Coal Group - USA
- Borneo Indobara - Indonesia
- ICICI Bank Limited - India
- Eastern Coal Council - USA
- Siam City Cement - Thailand
- Coalindo Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Port Waratah Coal Services - Australia
- Orica Australia Pty. Ltd.
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- Global Coal Blending Company Limited - Australia
- PNOC Exploration Corporation - Philippines
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- Energy Link Ltd, New Zealand
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- Baramulti Group, Indonesia
- Heidelberg Cement - Germany
- The Treasury - Australian Government
- Wood Mackenzie - Singapore
- Xindia Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Kumho Petrochemical, South Korea
- Indian Energy Exchange, India
- Asmin Koalindo Tuhup - Indonesia
- Straits Asia Resources Limited - Singapore
- Vizag Seaport Private Limited - India
- Africa Commodities Group - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Independent Power Producers Association of India
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- Electricity Generating Authority of Thailand
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