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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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- The Treasury - Australian Government
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- Africa Commodities Group - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Baramulti Group, Indonesia
- IEA Clean Coal Centre - UK
- Star Paper Mills Limited - India
- Ministry of Mines - Canada
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- Australian Coal Association
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- Singapore Mercantile Exchange
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- GN Power Mariveles Coal Plant, Philippines
- McConnell Dowell - Australia
- Therma Luzon, Inc, Philippines
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- San Jose City I Power Corp, Philippines
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- Wilmar Investment Holdings
- Mjunction Services Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
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- Leighton Contractors Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Energy Link Ltd, New Zealand
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- Meralco Power Generation, Philippines
- Krishnapatnam Port Company Ltd. - India
- London Commodity Brokers - England
- Alfred C Toepfer International GmbH - Germany
- Uttam Galva Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jorong Barutama Greston.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
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- Mintek Dendrill Indonesia
- Binh Thuan Hamico - Vietnam
- Tata Chemicals Ltd - India
- Economic Council, Georgia
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- Gujarat Mineral Development Corp Ltd - India
- White Energy Company Limited
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- Posco Energy - South Korea
- Eastern Coal Council - USA
- Straits Asia Resources Limited - Singapore
- Sojitz Corporation - Japan
- Madhucon Powers Ltd - India
- Global Coal Blending Company Limited - Australia
- Salva Resources Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Romanian Commodities Exchange
- TeaM Sual Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Interocean Group of Companies - India
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- Indogreen Group - Indonesia
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- Metalloyd Limited - United Kingdom
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- Sree Jayajothi Cements Limited - India
- Kohat Cement Company Ltd. - Pakistan
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- Goldman Sachs - Singapore
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- Neyveli Lignite Corporation Ltd, - India
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- Ceylon Electricity Board - Sri Lanka
- Bukit Baiduri Energy - Indonesia
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- Cigading International Bulk Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Jaiprakash Power Ventures ltd
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- Antam Resourcindo - Indonesia
- Chamber of Mines of South Africa
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- Indian Oil Corporation Limited
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- ICICI Bank Limited - India
- GAC Shipping (India) Pvt Ltd
- Minerals Council of Australia
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- Bukit Asam (Persero) Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Makarim & Taira - Indonesia
- Edison Trading Spa - Italy
- Parry Sugars Refinery, India
- Ministry of Transport, Egypt
- Indian Energy Exchange, India
- Meenaskhi Energy Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Ministry of Finance - Indonesia
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- ASAPP Information Group - India
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- International Coal Ventures Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Bhoruka Overseas - Indonesia
- Trasteel International SA, Italy
- Port Waratah Coal Services - Australia
- Sical Logistics Limited - India
- Cement Manufacturers Association - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bulk Trading Sa - Switzerland
- IHS Mccloskey Coal Group - USA
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- Kalimantan Lumbung Energi - Indonesia
- Altura Mining Limited, Indonesia
- Dalmia Cement Bharat India
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- Toyota Tsusho Corporation, Japan
- Merrill Lynch Commodities Europe
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- LBH Netherlands Bv - Netherlands
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- Parliament of New Zealand
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- Tamil Nadu electricity Board
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- The State Trading Corporation of India Ltd
- Central Electricity Authority - India
- The University of Queensland
- Eastern Energy - Thailand
- Ambuja Cements Ltd - India
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- Electricity Authority, New Zealand
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- CNBM International Corporation - China
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