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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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- Iligan Light & Power Inc, Philippines
- Merrill Lynch Commodities Europe
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- Goldman Sachs - Singapore
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- Meenaskhi Energy Private Limited - India
- Ministry of Mines - Canada
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- Sojitz Corporation - Japan
- Holcim Trading Pte Ltd - Singapore
- PowerSource Philippines DevCo
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- Mercuria Energy - Indonesia
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- Directorate General of MIneral and Coal - Indonesia
- Uttam Galva Steels Limited - India
- Edison Trading Spa - Italy
- Commonwealth Bank - Australia
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- Heidelberg Cement - Germany
- Mintek Dendrill Indonesia
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- Port Waratah Coal Services - Australia
- Larsen & Toubro Limited - India
- Romanian Commodities Exchange
- Deloitte Consulting - India
- Vizag Seaport Private Limited - India
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- Eastern Energy - Thailand
- Attock Cement Pakistan Limited
- Asmin Koalindo Tuhup - Indonesia
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- International Coal Ventures Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Minerals Council of Australia
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- Petrochimia International Co. Ltd.- Taiwan
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- The Treasury - Australian Government
- Indogreen Group - Indonesia
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- Rashtriya Ispat Nigam Limited - India
- SMG Consultants - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Power Finance Corporation Ltd., India
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- Australian Commodity Traders Exchange
- Binh Thuan Hamico - Vietnam
- Baramulti Group, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- VISA Power Limited - India
- South Luzon Thermal Energy Corporation
- Georgia Ports Authority, United States
- Global Green Power PLC Corporation, Philippines
- Electricity Generating Authority of Thailand
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Bayan Resources Tbk. - Indonesia
- Indian Oil Corporation Limited
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- Borneo Indobara - Indonesia
- Thiess Contractors Indonesia
- Bulk Trading Sa - Switzerland
- Gujarat Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Kideco Jaya Agung - Indonesia
- Manunggal Multi Energi - Indonesia
- Medco Energi Mining Internasional
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- Bukit Makmur.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Madhucon Powers Ltd - India
- Samtan Co., Ltd - South Korea
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- Global Business Power Corporation, Philippines
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- Mercator Lines Limited - India
- Indo Tambangraya Megah - Indonesia
- GVK Power & Infra Limited - India
- Lanco Infratech Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Jaiprakash Power Ventures ltd
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- White Energy Company Limited
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- Aboitiz Power Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Latin American Coal - Colombia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- GMR Energy Limited - India
- The University of Queensland
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- Energy Development Corp, Philippines
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- Price Waterhouse Coopers - Russia
- Coal and Oil Company - UAE
- Chettinad Cement Corporation Ltd - India
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- Australian Coal Association
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- Altura Mining Limited, Indonesia
- Tata Chemicals Ltd - India
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- Semirara Mining and Power Corporation, Philippines
- Indika Energy - Indonesia
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- Maheswari Brothers Coal Limited - India
- Africa Commodities Group - South Africa
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- Ministry of Transport, Egypt
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- Siam City Cement PLC, Thailand
- Leighton Contractors Pty Ltd - Australia
- The State Trading Corporation of India Ltd
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- Gujarat Mineral Development Corp Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- Mjunction Services Limited - India
- Agrawal Coal Company - India
- Alfred C Toepfer International GmbH - Germany
- Star Paper Mills Limited - India
- Wood Mackenzie - Singapore
- London Commodity Brokers - England
- Bukit Asam (Persero) Tbk - Indonesia
- Singapore Mercantile Exchange
- Global Coal Blending Company Limited - Australia
- Independent Power Producers Association of India
- Energy Link Ltd, New Zealand
- Sical Logistics Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Riau Bara Harum - Indonesia
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- Gujarat Sidhee Cement - India
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- IEA Clean Coal Centre - UK
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- Timah Investasi Mineral - Indoneisa
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- Bahari Cakrawala Sebuku - Indonesia
- MS Steel International - UAE
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- Planning Commission, India
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- GAC Shipping (India) Pvt Ltd
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- Petron Corporation, Philippines
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- Chamber of Mines of South Africa
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- Economic Council, Georgia
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- Bukit Baiduri Energy - Indonesia
- Cement Manufacturers Association - India
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