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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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- Videocon Industries ltd - India
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- Parry Sugars Refinery, India
- Rio Tinto Coal - Australia
- The Treasury - Australian Government
- Ministry of Mines - Canada
- Chamber of Mines of South Africa
- Iligan Light & Power Inc, Philippines
- Mercuria Energy - Indonesia
- Energy Development Corp, Philippines
- CIMB Investment Bank - Malaysia
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- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Minerals Council of Australia
- Bhushan Steel Limited - India
- Sindya Power Generating Company Private Ltd
- Grasim Industreis Ltd - India
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- Indian Energy Exchange, India
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- PTC India Limited - India
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- London Commodity Brokers - England
- Independent Power Producers Association of India
- Orica Mining Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
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- Indo Tambangraya Megah - Indonesia
- Mintek Dendrill Indonesia
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- Samtan Co., Ltd - South Korea
- San Jose City I Power Corp, Philippines
- Malabar Cements Ltd - India
- Larsen & Toubro Limited - India
- IEA Clean Coal Centre - UK
- Central Electricity Authority - India
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- Australian Coal Association
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- Marubeni Corporation - India
- Trasteel International SA, Italy
- Metalloyd Limited - United Kingdom
- Banpu Public Company Limited - Thailand
- Orica Australia Pty. Ltd.
- Global Coal Blending Company Limited - Australia
- Parliament of New Zealand
- Indika Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Electricity Authority, New Zealand
- GVK Power & Infra Limited - India
- Indogreen Group - Indonesia
- The University of Queensland
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- Energy Link Ltd, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- McConnell Dowell - Australia
- Maharashtra Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Antam Resourcindo - Indonesia
- Standard Chartered Bank - UAE
- Directorate General of MIneral and Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Vedanta Resources Plc - India
- Price Waterhouse Coopers - Russia
- Madhucon Powers Ltd - India
- Thiess Contractors Indonesia
- ICICI Bank Limited - India
- The State Trading Corporation of India Ltd
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- Pendopo Energi Batubara - Indonesia
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- Electricity Generating Authority of Thailand
- Eastern Coal Council - USA
- Oldendorff Carriers - Singapore
- Sinarmas Energy and Mining - Indonesia
- Renaissance Capital - South Africa
- Leighton Contractors Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Sree Jayajothi Cements Limited - India
- Makarim & Taira - Indonesia
- Medco Energi Mining Internasional
- Coalindo Energy - Indonesia
- Singapore Mercantile Exchange
- IHS Mccloskey Coal Group - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Attock Cement Pakistan Limited
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- Australian Commodity Traders Exchange
- Bangladesh Power Developement Board
- Alfred C Toepfer International GmbH - Germany
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- GAC Shipping (India) Pvt Ltd
- Meenaskhi Energy Private Limited - India
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- Posco Energy - South Korea
- Deloitte Consulting - India
- Bharathi Cement Corporation - India
- Aboitiz Power Corporation - Philippines
- GMR Energy Limited - India
- Binh Thuan Hamico - Vietnam
- PNOC Exploration Corporation - Philippines
- Ministry of Transport, Egypt
- Directorate Of Revenue Intelligence - India
- Savvy Resources Ltd - HongKong
- Aditya Birla Group - India
- SMG Consultants - Indonesia
- Tamil Nadu electricity Board
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- Africa Commodities Group - South Africa
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- Baramulti Group, Indonesia
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- Bukit Makmur.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
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