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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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- Uttam Galva Steels Limited - India
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- SMG Consultants - Indonesia
- Kepco SPC Power Corporation, Philippines
- ASAPP Information Group - India
- Aditya Birla Group - India
- Ministry of Finance - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Meralco Power Generation, Philippines
- Coalindo Energy - Indonesia
- The University of Queensland
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- Directorate General of MIneral and Coal - Indonesia
- Mercator Lines Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Wilmar Investment Holdings
- Trasteel International SA, Italy
- Medco Energi Mining Internasional
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- Gujarat Mineral Development Corp Ltd - India
- Salva Resources Pvt Ltd - India
- Ministry of Mines - Canada
- Antam Resourcindo - Indonesia
- Goldman Sachs - Singapore
- Mercuria Energy - Indonesia
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- Orica Mining Services - Indonesia
- Standard Chartered Bank - UAE
- GMR Energy Limited - India
- Baramulti Group, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coal and Oil Company - UAE
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- Toyota Tsusho Corporation, Japan
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- Edison Trading Spa - Italy
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- Indika Energy - Indonesia
- Tata Chemicals Ltd - India
- Leighton Contractors Pty Ltd - Australia
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- Latin American Coal - Colombia
- Parliament of New Zealand
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- Therma Luzon, Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Indian Energy Exchange, India
- Eastern Energy - Thailand
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- Mintek Dendrill Indonesia
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- MS Steel International - UAE
- India Bulls Power Limited - India
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- Chamber of Mines of South Africa
- Central Electricity Authority - India
- Singapore Mercantile Exchange
- Wood Mackenzie - Singapore
- Bangladesh Power Developement Board
- Manunggal Multi Energi - Indonesia
- Sakthi Sugars Limited - India
- Makarim & Taira - Indonesia
- Merrill Lynch Commodities Europe
- Videocon Industries ltd - India
- South Luzon Thermal Energy Corporation
- Pipit Mutiara Jaya. PT, Indonesia
- OPG Power Generation Pvt Ltd - India
- White Energy Company Limited
- Bharathi Cement Corporation - India
- Marubeni Corporation - India
- Eastern Coal Council - USA
- Port Waratah Coal Services - Australia
- Jindal Steel & Power Ltd - India
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- Essar Steel Hazira Ltd - India
- IEA Clean Coal Centre - UK
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- Romanian Commodities Exchange
- London Commodity Brokers - England
- PetroVietnam Power Coal Import and Supply Company
- Meenaskhi Energy Private Limited - India
- Deloitte Consulting - India
- Electricity Authority, New Zealand
- CIMB Investment Bank - Malaysia
- Dalmia Cement Bharat India
- Riau Bara Harum - Indonesia
- Sarangani Energy Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Rio Tinto Coal - Australia
- Kumho Petrochemical, South Korea
- Kartika Selabumi Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
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- CNBM International Corporation - China
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- PTC India Limited - India
- Vedanta Resources Plc - India
- Maharashtra Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
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- International Coal Ventures Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Independent Power Producers Association of India
- The Treasury - Australian Government
- Samtan Co., Ltd - South Korea
- Commonwealth Bank - Australia
- PNOC Exploration Corporation - Philippines
- Indian Oil Corporation Limited
- Economic Council, Georgia
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- Alfred C Toepfer International GmbH - Germany
- European Bulk Services B.V. - Netherlands
- Siam City Cement PLC, Thailand
- Miang Besar Coal Terminal - Indonesia
- Larsen & Toubro Limited - India
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- Bhoruka Overseas - Indonesia
- Heidelberg Cement - Germany
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- Ceylon Electricity Board - Sri Lanka
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- Xindia Steels Limited - India
- Australian Commodity Traders Exchange
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