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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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- Vizag Seaport Private Limited - India
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- Samtan Co., Ltd - South Korea
- CNBM International Corporation - China
- Semirara Mining and Power Corporation, Philippines
- Energy Development Corp, Philippines
- Uttam Galva Steels Limited - India
- Vedanta Resources Plc - India
- Planning Commission, India
- GN Power Mariveles Coal Plant, Philippines
- Ambuja Cements Ltd - India
- Borneo Indobara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Price Waterhouse Coopers - Russia
- PTC India Limited - India
- Iligan Light & Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Sindya Power Generating Company Private Ltd
- Therma Luzon, Inc, Philippines
- Indogreen Group - Indonesia
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- European Bulk Services B.V. - Netherlands
- New Zealand Coal & Carbon
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- Indonesian Coal Mining Association
- MS Steel International - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kideco Jaya Agung - Indonesia
- Tata Chemicals Ltd - India
- Chamber of Mines of South Africa
- Georgia Ports Authority, United States
- Cement Manufacturers Association - India
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- Interocean Group of Companies - India
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- Maheswari Brothers Coal Limited - India
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- London Commodity Brokers - England
- India Bulls Power Limited - India
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- Bharathi Cement Corporation - India
- Electricity Generating Authority of Thailand
- Xindia Steels Limited - India
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
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- TNB Fuel Sdn Bhd - Malaysia
- Heidelberg Cement - Germany
- Kapuas Tunggal Persada - Indonesia
- Jorong Barutama Greston.PT - Indonesia
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- Alfred C Toepfer International GmbH - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ASAPP Information Group - India
- CIMB Investment Bank - Malaysia
- Eastern Coal Council - USA
- Chettinad Cement Corporation Ltd - India
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- Latin American Coal - Colombia
- The University of Queensland
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- GAC Shipping (India) Pvt Ltd
- Romanian Commodities Exchange
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- Kohat Cement Company Ltd. - Pakistan
- Ministry of Finance - Indonesia
- Edison Trading Spa - Italy
- IEA Clean Coal Centre - UK
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- PowerSource Philippines DevCo
- Indika Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- VISA Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Central Electricity Authority - India
- Straits Asia Resources Limited - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Sidhee Cement - India
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- Indian Energy Exchange, India
- Banpu Public Company Limited - Thailand
- Jindal Steel & Power Ltd - India
- Australian Commodity Traders Exchange
- Gujarat Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
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- Independent Power Producers Association of India
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- Sojitz Corporation - Japan
- Global Coal Blending Company Limited - Australia
- Gujarat Mineral Development Corp Ltd - India
- Sical Logistics Limited - India
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- Sree Jayajothi Cements Limited - India
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- Parliament of New Zealand
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- Deloitte Consulting - India
- Coal and Oil Company - UAE
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- Merrill Lynch Commodities Europe
- Bangladesh Power Developement Board
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- White Energy Company Limited
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- Metalloyd Limited - United Kingdom
- Mintek Dendrill Indonesia
- The State Trading Corporation of India Ltd
- Pipit Mutiara Jaya. PT, Indonesia
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- Australian Coal Association
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- Directorate General of MIneral and Coal - Indonesia
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- Minerals Council of Australia
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- Agrawal Coal Company - India
- LBH Netherlands Bv - Netherlands
- Carbofer General Trading SA - India
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- Rashtriya Ispat Nigam Limited - India
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- Standard Chartered Bank - UAE
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- IHS Mccloskey Coal Group - USA
- Karbindo Abesyapradhi - Indoneisa
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- Riau Bara Harum - Indonesia
- Larsen & Toubro Limited - India
- Coastal Gujarat Power Limited - India
- Orica Mining Services - Indonesia
- Commonwealth Bank - Australia
- Renaissance Capital - South Africa
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- Eastern Energy - Thailand
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