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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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- Makarim & Taira - Indonesia
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- Kepco SPC Power Corporation, Philippines
- London Commodity Brokers - England
- Bank of Tokyo Mitsubishi UFJ Ltd
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- PTC India Limited - India
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- VISA Power Limited - India
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- Bulk Trading Sa - Switzerland
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- Bayan Resources Tbk. - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Metalloyd Limited - United Kingdom
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- Planning Commission, India
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- Salva Resources Pvt Ltd - India
- Tamil Nadu electricity Board
- Central Electricity Authority - India
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- Port Waratah Coal Services - Australia
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- Toyota Tsusho Corporation, Japan
- European Bulk Services B.V. - Netherlands
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- Sinarmas Energy and Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Commonwealth Bank - Australia
- Banpu Public Company Limited - Thailand
- Simpson Spence & Young - Indonesia
- Bharathi Cement Corporation - India
- Oldendorff Carriers - Singapore
- Bhushan Steel Limited - India
- Coastal Gujarat Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Mercator Lines Limited - India
- Sindya Power Generating Company Private Ltd
- International Coal Ventures Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
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- Indian Oil Corporation Limited
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- Trasteel International SA, Italy
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- Ministry of Finance - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Energy Development Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Rio Tinto Coal - Australia
- Grasim Industreis Ltd - India
- Sical Logistics Limited - India
- Tata Chemicals Ltd - India
- Samtan Co., Ltd - South Korea
- Therma Luzon, Inc, Philippines
- TeaM Sual Corporation - Philippines
- Economic Council, Georgia
- Electricity Authority, New Zealand
- Sree Jayajothi Cements Limited - India
- Kalimantan Lumbung Energi - Indonesia
- GVK Power & Infra Limited - India
- Jindal Steel & Power Ltd - India
- Ministry of Mines - Canada
- Star Paper Mills Limited - India
- Thiess Contractors Indonesia
- Price Waterhouse Coopers - Russia
- New Zealand Coal & Carbon
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- AsiaOL BioFuels Corp., Philippines
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- India Bulls Power Limited - India
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- The University of Queensland
- CNBM International Corporation - China
- Kumho Petrochemical, South Korea
- Renaissance Capital - South Africa
- Independent Power Producers Association of India
- Indo Tambangraya Megah - Indonesia
- Bhatia International Limited - India
- San Jose City I Power Corp, Philippines
- Power Finance Corporation Ltd., India
- Kobexindo Tractors - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Africa Commodities Group - South Africa
- Riau Bara Harum - Indonesia
- Chamber of Mines of South Africa
- Gujarat Electricity Regulatory Commission - India
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- Indian Energy Exchange, India
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- Mintek Dendrill Indonesia
- Jaiprakash Power Ventures ltd
- Australian Coal Association
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- Straits Asia Resources Limited - Singapore
- Maheswari Brothers Coal Limited - India
- Medco Energi Mining Internasional
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- Gujarat Sidhee Cement - India
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- Sakthi Sugars Limited - India
- Bukit Baiduri Energy - Indonesia
- Bangladesh Power Developement Board
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- Miang Besar Coal Terminal - Indonesia
- ASAPP Information Group - India
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- Australian Commodity Traders Exchange
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- Directorate General of MIneral and Coal - Indonesia
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- Energy Link Ltd, New Zealand
- Edison Trading Spa - Italy
- Global Green Power PLC Corporation, Philippines
- Lanco Infratech Ltd - India
- Goldman Sachs - Singapore
- IEA Clean Coal Centre - UK
- Madhucon Powers Ltd - India
- Eastern Coal Council - USA
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- OPG Power Generation Pvt Ltd - India
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- Billiton Holdings Pty Ltd - Australia
- Sojitz Corporation - Japan
- Parliament of New Zealand
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