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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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- Aboitiz Power Corporation - Philippines
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- Kalimantan Lumbung Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Alfred C Toepfer International GmbH - Germany
- ASAPP Information Group - India
- Kaltim Prima Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Sical Logistics Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Marubeni Corporation - India
- Wood Mackenzie - Singapore
- Economic Council, Georgia
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- Makarim & Taira - Indonesia
- Directorate Of Revenue Intelligence - India
- IEA Clean Coal Centre - UK
- Thai Mozambique Logistica
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- Orica Mining Services - Indonesia
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- The State Trading Corporation of India Ltd
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- Lanco Infratech Ltd - India
- Romanian Commodities Exchange
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- Thiess Contractors Indonesia
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- Chamber of Mines of South Africa
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- European Bulk Services B.V. - Netherlands
- Siam City Cement PLC, Thailand
- Directorate General of MIneral and Coal - Indonesia
- Africa Commodities Group - South Africa
- Attock Cement Pakistan Limited
- Commonwealth Bank - Australia
- Jindal Steel & Power Ltd - India
- Riau Bara Harum - Indonesia
- South Luzon Thermal Energy Corporation
- Orica Australia Pty. Ltd.
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- Globalindo Alam Lestari - Indonesia
- London Commodity Brokers - England
- Latin American Coal - Colombia
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- Australian Coal Association
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- GN Power Mariveles Coal Plant, Philippines
- Bhatia International Limited - India
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- Georgia Ports Authority, United States
- Coal and Oil Company - UAE
- SMC Global Power, Philippines
- Parliament of New Zealand
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- Central Java Power - Indonesia
- Standard Chartered Bank - UAE
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- Posco Energy - South Korea
- Vizag Seaport Private Limited - India
- Mjunction Services Limited - India
- Kobexindo Tractors - Indoneisa
- Ministry of Mines - Canada
- Bhoruka Overseas - Indonesia
- CNBM International Corporation - China
- Larsen & Toubro Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Bulk Trading Sa - Switzerland
- McConnell Dowell - Australia
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- Indian Oil Corporation Limited
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- Kumho Petrochemical, South Korea
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- Independent Power Producers Association of India
- Energy Link Ltd, New Zealand
- Price Waterhouse Coopers - Russia
- Medco Energi Mining Internasional
- Bangladesh Power Developement Board
- Wilmar Investment Holdings
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- TeaM Sual Corporation - Philippines
- Borneo Indobara - Indonesia
- Global Green Power PLC Corporation, Philippines
- Renaissance Capital - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
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- Mintek Dendrill Indonesia
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- Goldman Sachs - Singapore
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- Planning Commission, India
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- Leighton Contractors Pty Ltd - Australia
- Trasteel International SA, Italy
- CIMB Investment Bank - Malaysia
- Coalindo Energy - Indonesia
- Petron Corporation, Philippines
- Cement Manufacturers Association - India
- Indonesian Coal Mining Association
- IHS Mccloskey Coal Group - USA
- Ind-Barath Power Infra Limited - India
- Power Finance Corporation Ltd., India
- Eastern Coal Council - USA
- Kideco Jaya Agung - Indonesia
- Savvy Resources Ltd - HongKong
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