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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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- Parry Sugars Refinery, India
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- Interocean Group of Companies - India
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- Wilmar Investment Holdings
- GN Power Mariveles Coal Plant, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Star Paper Mills Limited - India
- Indogreen Group - Indonesia
- PowerSource Philippines DevCo
- Mercuria Energy - Indonesia
- Edison Trading Spa - Italy
- Xindia Steels Limited - India
- Central Electricity Authority - India
- Africa Commodities Group - South Africa
- Cement Manufacturers Association - India
- Kumho Petrochemical, South Korea
- Chettinad Cement Corporation Ltd - India
- Kartika Selabumi Mining - Indonesia
- Siam City Cement PLC, Thailand
- Aboitiz Power Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Bharathi Cement Corporation - India
- Parliament of New Zealand
- Larsen & Toubro Limited - India
- Trasteel International SA, Italy
- Indonesian Coal Mining Association
- Minerals Council of Australia
- Romanian Commodities Exchange
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- ASAPP Information Group - India
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- European Bulk Services B.V. - Netherlands
- Bukit Baiduri Energy - Indonesia
- The University of Queensland
- Sree Jayajothi Cements Limited - India
- Cigading International Bulk Terminal - Indonesia
- Eastern Energy - Thailand
- Jindal Steel & Power Ltd - India
- Indian Oil Corporation Limited
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- PTC India Limited - India
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- Neyveli Lignite Corporation Ltd, - India
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- Bhushan Steel Limited - India
- Standard Chartered Bank - UAE
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- Australian Coal Association
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- Coalindo Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- PNOC Exploration Corporation - Philippines
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- SMC Global Power, Philippines
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- Malabar Cements Ltd - India
- Energy Link Ltd, New Zealand
- Goldman Sachs - Singapore
- Singapore Mercantile Exchange
- Maharashtra Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- Economic Council, Georgia
- Baramulti Group, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- Price Waterhouse Coopers - Russia
- MS Steel International - UAE
- London Commodity Brokers - England
- Straits Asia Resources Limited - Singapore
- New Zealand Coal & Carbon
- Riau Bara Harum - Indonesia
- Indian Energy Exchange, India
- Sojitz Corporation - Japan
- White Energy Company Limited
- PetroVietnam Power Coal Import and Supply Company
- Oldendorff Carriers - Singapore
- Mintek Dendrill Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bulk Trading Sa - Switzerland
- South Luzon Thermal Energy Corporation
- Wood Mackenzie - Singapore
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- Thiess Contractors Indonesia
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- Metalloyd Limited - United Kingdom
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- SN Aboitiz Power Inc, Philippines
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- Anglo American - United Kingdom
- IHS Mccloskey Coal Group - USA
- Toyota Tsusho Corporation, Japan
- LBH Netherlands Bv - Netherlands
- IEA Clean Coal Centre - UK
- Deloitte Consulting - India
- Uttam Galva Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Grasim Industreis Ltd - India
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- Bangladesh Power Developement Board
- Ministry of Finance - Indonesia
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- Leighton Contractors Pty Ltd - Australia
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- Global Business Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Ministry of Transport, Egypt
- Global Coal Blending Company Limited - Australia
- Chamber of Mines of South Africa
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- CIMB Investment Bank - Malaysia
- Borneo Indobara - Indonesia
- Barasentosa Lestari - Indonesia
- GMR Energy Limited - India
- CNBM International Corporation - China
- Samtan Co., Ltd - South Korea
- The Treasury - Australian Government
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rio Tinto Coal - Australia
- Posco Energy - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- VISA Power Limited - India
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- Commonwealth Bank - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Bhoruka Overseas - Indonesia
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- Maheswari Brothers Coal Limited - India
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Directorate General of MIneral and Coal - Indonesia
- Electricity Authority, New Zealand
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