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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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- White Energy Company Limited
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- Power Finance Corporation Ltd., India
- Altura Mining Limited, Indonesia
- Interocean Group of Companies - India
- Therma Luzon, Inc, Philippines
- Merrill Lynch Commodities Europe
- Straits Asia Resources Limited - Singapore
- Billiton Holdings Pty Ltd - Australia
- Tata Chemicals Ltd - India
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- Carbofer General Trading SA - India
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- Offshore Bulk Terminal Pte Ltd, Singapore
- CNBM International Corporation - China
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- Indika Energy - Indonesia
- Mercator Lines Limited - India
- Standard Chartered Bank - UAE
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- Economic Council, Georgia
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMC Global Power, Philippines
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- Indonesian Coal Mining Association
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- Parry Sugars Refinery, India
- Thai Mozambique Logistica
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- Bangladesh Power Developement Board
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- AsiaOL BioFuels Corp., Philippines
- Xindia Steels Limited - India
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- Sojitz Corporation - Japan
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- Bayan Resources Tbk. - Indonesia
- Sakthi Sugars Limited - India
- New Zealand Coal & Carbon
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- Jorong Barutama Greston.PT - Indonesia
- Central Electricity Authority - India
- Price Waterhouse Coopers - Russia
- Global Business Power Corporation, Philippines
- Meralco Power Generation, Philippines
- OPG Power Generation Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Riau Bara Harum - Indonesia
- Eastern Coal Council - USA
- Petrochimia International Co. Ltd.- Taiwan
- Global Coal Blending Company Limited - Australia
- Essar Steel Hazira Ltd - India
- Thiess Contractors Indonesia
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- Gujarat Sidhee Cement - India
- International Coal Ventures Pvt Ltd - India
- Vedanta Resources Plc - India
- Energy Link Ltd, New Zealand
- Edison Trading Spa - Italy
- ICICI Bank Limited - India
- Miang Besar Coal Terminal - Indonesia
- Bhatia International Limited - India
- Deloitte Consulting - India
- Mjunction Services Limited - India
- SMG Consultants - Indonesia
- South Luzon Thermal Energy Corporation
- TeaM Sual Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Siam City Cement - Thailand
- Holcim Trading Pte Ltd - Singapore
- Ministry of Finance - Indonesia
- Sical Logistics Limited - India
- Parliament of New Zealand
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- Gujarat Mineral Development Corp Ltd - India
- Trasteel International SA, Italy
- Attock Cement Pakistan Limited
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- Kartika Selabumi Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Chamber of Mines of South Africa
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- Kideco Jaya Agung - Indonesia
- Ministry of Transport, Egypt
- MS Steel International - UAE
- GMR Energy Limited - India
- Cigading International Bulk Terminal - Indonesia
- Orica Mining Services - Indonesia
- Electricity Authority, New Zealand
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- PNOC Exploration Corporation - Philippines
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- TNB Fuel Sdn Bhd - Malaysia
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- Ministry of Mines - Canada
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- Bukit Asam (Persero) Tbk - Indonesia
- Anglo American - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- Australian Commodity Traders Exchange
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- Bhoruka Overseas - Indonesia
- Pendopo Energi Batubara - Indonesia
- LBH Netherlands Bv - Netherlands
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- London Commodity Brokers - England
- Indo Tambangraya Megah - Indonesia
- San Jose City I Power Corp, Philippines
- Jaiprakash Power Ventures ltd
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- Samtan Co., Ltd - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Metalloyd Limited - United Kingdom
- Goldman Sachs - Singapore
- Kobexindo Tractors - Indoneisa
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- Minerals Council of Australia
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- IHS Mccloskey Coal Group - USA
- Electricity Generating Authority of Thailand
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- The University of Queensland
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- Singapore Mercantile Exchange
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- Aditya Birla Group - India
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- Energy Development Corp, Philippines
- Eastern Energy - Thailand
- Wilmar Investment Holdings
- Romanian Commodities Exchange
- Australian Coal Association
- Coal and Oil Company - UAE
- Sinarmas Energy and Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- The State Trading Corporation of India Ltd
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- Sindya Power Generating Company Private Ltd
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