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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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- Bukit Makmur.PT - Indonesia
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- Bayan Resources Tbk. - Indonesia
- Bhoruka Overseas - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Formosa Plastics Group - Taiwan
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- Essar Steel Hazira Ltd - India
- Carbofer General Trading SA - India
- GMR Energy Limited - India
- Billiton Holdings Pty Ltd - Australia
- Dalmia Cement Bharat India
- Star Paper Mills Limited - India
- Riau Bara Harum - Indonesia
- Indika Energy - Indonesia
- Tata Chemicals Ltd - India
- Renaissance Capital - South Africa
- Bangladesh Power Developement Board
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- Sindya Power Generating Company Private Ltd
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- Medco Energi Mining Internasional
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- South Luzon Thermal Energy Corporation
- White Energy Company Limited
- IEA Clean Coal Centre - UK
- Singapore Mercantile Exchange
- Rio Tinto Coal - Australia
- Miang Besar Coal Terminal - Indonesia
- Central Electricity Authority - India
- Parliament of New Zealand
- Sarangani Energy Corporation, Philippines
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- MS Steel International - UAE
- Coal and Oil Company - UAE
- SN Aboitiz Power Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Ind-Barath Power Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Krishnapatnam Port Company Ltd. - India
- Pendopo Energi Batubara - Indonesia
- The State Trading Corporation of India Ltd
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- Mercuria Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Kideco Jaya Agung - Indonesia
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- Australian Commodity Traders Exchange
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- Vijayanagar Sugar Pvt Ltd - India
- Vedanta Resources Plc - India
- Siam City Cement - Thailand
- PowerSource Philippines DevCo
- Georgia Ports Authority, United States
- Goldman Sachs - Singapore
- Eastern Energy - Thailand
- Africa Commodities Group - South Africa
- Larsen & Toubro Limited - India
- Sical Logistics Limited - India
- Bharathi Cement Corporation - India
- Jaiprakash Power Ventures ltd
- Globalindo Alam Lestari - Indonesia
- The Treasury - Australian Government
- Ministry of Transport, Egypt
- Wilmar Investment Holdings
- Mintek Dendrill Indonesia
- Bhatia International Limited - India
- GAC Shipping (India) Pvt Ltd
- Holcim Trading Pte Ltd - Singapore
- European Bulk Services B.V. - Netherlands
- Timah Investasi Mineral - Indoneisa
- Global Green Power PLC Corporation, Philippines
- ICICI Bank Limited - India
- Commonwealth Bank - Australia
- Thiess Contractors Indonesia
- Chamber of Mines of South Africa
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- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement PLC, Thailand
- Therma Luzon, Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Thai Mozambique Logistica
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- Central Java Power - Indonesia
- New Zealand Coal & Carbon
- LBH Netherlands Bv - Netherlands
- Banpu Public Company Limited - Thailand
- Aboitiz Power Corporation - Philippines
- Tamil Nadu electricity Board
- Energy Link Ltd, New Zealand
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- GN Power Mariveles Coal Plant, Philippines
- Petron Corporation, Philippines
- Minerals Council of Australia
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- PTC India Limited - India
- Wood Mackenzie - Singapore
- Posco Energy - South Korea
- Latin American Coal - Colombia
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- Kohat Cement Company Ltd. - Pakistan
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- Trasteel International SA, Italy
- Antam Resourcindo - Indonesia
- Grasim Industreis Ltd - India
- Australian Coal Association
- Independent Power Producers Association of India
- McConnell Dowell - Australia
- Aditya Birla Group - India
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- Directorate General of MIneral and Coal - Indonesia
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- Orica Australia Pty. Ltd.
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- Jindal Steel & Power Ltd - India
- Barasentosa Lestari - Indonesia
- Economic Council, Georgia
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- Edison Trading Spa - Italy
- Sojitz Corporation - Japan
- Agrawal Coal Company - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercator Lines Limited - India
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- Samtan Co., Ltd - South Korea
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- Planning Commission, India
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- TNB Fuel Sdn Bhd - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Finance - Indonesia
- IHS Mccloskey Coal Group - USA
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- The University of Queensland
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- Maheswari Brothers Coal Limited - India
- Price Waterhouse Coopers - Russia
- Gujarat Sidhee Cement - India
- London Commodity Brokers - England
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- Eastern Coal Council - USA
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