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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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- Siam City Cement - Thailand
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- Jaiprakash Power Ventures ltd
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- Essar Steel Hazira Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Madhucon Powers Ltd - India
- Standard Chartered Bank - UAE
- GVK Power & Infra Limited - India
- Indian Oil Corporation Limited
- Kideco Jaya Agung - Indonesia
- PTC India Limited - India
- Parliament of New Zealand
- Merrill Lynch Commodities Europe
- Bukit Makmur.PT - Indonesia
- Formosa Plastics Group - Taiwan
- Savvy Resources Ltd - HongKong
- Larsen & Toubro Limited - India
- ASAPP Information Group - India
- Altura Mining Limited, Indonesia
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- Makarim & Taira - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bhoruka Overseas - Indonesia
- The Treasury - Australian Government
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- Kumho Petrochemical, South Korea
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- Bulk Trading Sa - Switzerland
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- Electricity Authority, New Zealand
- Economic Council, Georgia
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- Attock Cement Pakistan Limited
- Therma Luzon, Inc, Philippines
- SMC Global Power, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Indogreen Group - Indonesia
- Posco Energy - South Korea
- The University of Queensland
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- Minerals Council of Australia
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- Interocean Group of Companies - India
- VISA Power Limited - India
- Semirara Mining Corp, Philippines
- Oldendorff Carriers - Singapore
- Billiton Holdings Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- Toyota Tsusho Corporation, Japan
- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- Mjunction Services Limited - India
- London Commodity Brokers - England
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- Romanian Commodities Exchange
- Sarangani Energy Corporation, Philippines
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- Ministry of Transport, Egypt
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- Petron Corporation, Philippines
- Bharathi Cement Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Maheswari Brothers Coal Limited - India
- Aboitiz Power Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Africa Commodities Group - South Africa
- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Planning Commission, India
- Australian Commodity Traders Exchange
- Port Waratah Coal Services - Australia
- Carbofer General Trading SA - India
- Sindya Power Generating Company Private Ltd
- Bahari Cakrawala Sebuku - Indonesia
- ICICI Bank Limited - India
- Samtan Co., Ltd - South Korea
- Electricity Generating Authority of Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ambuja Cements Ltd - India
- Malabar Cements Ltd - India
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
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- IEA Clean Coal Centre - UK
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Metalloyd Limited - United Kingdom
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- Videocon Industries ltd - India
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- Mercator Lines Limited - India
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- Energy Link Ltd, New Zealand
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- Medco Energi Mining Internasional
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- Kaltim Prima Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Deloitte Consulting - India
- Sical Logistics Limited - India
- Jorong Barutama Greston.PT - Indonesia
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- TNB Fuel Sdn Bhd - Malaysia
- Intertek Mineral Services - Indonesia
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- Thiess Contractors Indonesia
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- Australian Coal Association
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- Indo Tambangraya Megah - Indonesia
- Coal and Oil Company - UAE
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- Ceylon Electricity Board - Sri Lanka
- IHS Mccloskey Coal Group - USA
- Ministry of Mines - Canada
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Edison Trading Spa - Italy
- Directorate Of Revenue Intelligence - India
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- Sojitz Corporation - Japan
- Mintek Dendrill Indonesia
- Barasentosa Lestari - Indonesia
- Renaissance Capital - South Africa
- Agrawal Coal Company - India
- The State Trading Corporation of India Ltd
- Singapore Mercantile Exchange
- Baramulti Group, Indonesia
- Sree Jayajothi Cements Limited - India
- Bangladesh Power Developement Board
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