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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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- Kobexindo Tractors - Indoneisa
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- LBH Netherlands Bv - Netherlands
- IHS Mccloskey Coal Group - USA
- Thiess Contractors Indonesia
- The State Trading Corporation of India Ltd
- Banpu Public Company Limited - Thailand
- Bhushan Steel Limited - India
- Independent Power Producers Association of India
- Australian Commodity Traders Exchange
- Bangladesh Power Developement Board
- Power Finance Corporation Ltd., India
- Gujarat Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Aditya Birla Group - India
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- SN Aboitiz Power Inc, Philippines
- Energy Development Corp, Philippines
- Africa Commodities Group - South Africa
- Cement Manufacturers Association - India
- Manunggal Multi Energi - Indonesia
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- Indian Energy Exchange, India
- Meralco Power Generation, Philippines
- Formosa Plastics Group - Taiwan
- Straits Asia Resources Limited - Singapore
- Maheswari Brothers Coal Limited - India
- Ministry of Finance - Indonesia
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- Indika Energy - Indonesia
- Savvy Resources Ltd - HongKong
- CIMB Investment Bank - Malaysia
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- San Jose City I Power Corp, Philippines
- MS Steel International - UAE
- India Bulls Power Limited - India
- Siam City Cement - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Coalindo Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Electricity Generating Authority of Thailand
- Interocean Group of Companies - India
- Kideco Jaya Agung - Indonesia
- Samtan Co., Ltd - South Korea
- Chettinad Cement Corporation Ltd - India
- McConnell Dowell - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Salva Resources Pvt Ltd - India
- Orica Mining Services - Indonesia
- CNBM International Corporation - China
- Parliament of New Zealand
- Planning Commission, India
- Anglo American - United Kingdom
- London Commodity Brokers - England
- Miang Besar Coal Terminal - Indonesia
- The Treasury - Australian Government
- Indo Tambangraya Megah - Indonesia
- Petron Corporation, Philippines
- Singapore Mercantile Exchange
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- Energy Link Ltd, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Indonesian Coal Mining Association
- Bulk Trading Sa - Switzerland
- GMR Energy Limited - India
- New Zealand Coal & Carbon
- Merrill Lynch Commodities Europe
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- Bukit Asam (Persero) Tbk - Indonesia
- Carbofer General Trading SA - India
- Billiton Holdings Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
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- Global Business Power Corporation, Philippines
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- Larsen & Toubro Limited - India
- Medco Energi Mining Internasional
- Goldman Sachs - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Mines - Canada
- Kartika Selabumi Mining - Indonesia
- Agrawal Coal Company - India
- Coal and Oil Company - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Minerals Council of Australia
- Sindya Power Generating Company Private Ltd
- Sakthi Sugars Limited - India
- Latin American Coal - Colombia
- Economic Council, Georgia
- The University of Queensland
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- Malabar Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
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- Romanian Commodities Exchange
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- Orica Australia Pty. Ltd.
- Maharashtra Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Sical Logistics Limited - India
- Trasteel International SA, Italy
- Ministry of Transport, Egypt
- Port Waratah Coal Services - Australia
- Siam City Cement PLC, Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Dalmia Cement Bharat India
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- Xindia Steels Limited - India
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- Eastern Energy - Thailand
- Sarangani Energy Corporation, Philippines
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- Jaiprakash Power Ventures ltd
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- Lanco Infratech Ltd - India
- Bukit Makmur.PT - Indonesia
- Riau Bara Harum - Indonesia
- Barasentosa Lestari - Indonesia
- PowerSource Philippines DevCo
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- OPG Power Generation Pvt Ltd - India
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- Commonwealth Bank - Australia
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- Leighton Contractors Pty Ltd - Australia
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- Rashtriya Ispat Nigam Limited - India
- GVK Power & Infra Limited - India
- PTC India Limited - India
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- White Energy Company Limited
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