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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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- Global Green Power PLC Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Madhucon Powers Ltd - India
- Orica Australia Pty. Ltd.
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- Latin American Coal - Colombia
- Coal and Oil Company - UAE
- CNBM International Corporation - China
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- Planning Commission, India
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- Kohat Cement Company Ltd. - Pakistan
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- Miang Besar Coal Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
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- Bangladesh Power Developement Board
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- Vijayanagar Sugar Pvt Ltd - India
- Mjunction Services Limited - India
- Independent Power Producers Association of India
- Bukit Makmur.PT - Indonesia
- Chettinad Cement Corporation Ltd - India
- Indonesian Coal Mining Association
- Trasteel International SA, Italy
- GMR Energy Limited - India
- Singapore Mercantile Exchange
- Bharathi Cement Corporation - India
- Ceylon Electricity Board - Sri Lanka
- AsiaOL BioFuels Corp., Philippines
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- Toyota Tsusho Corporation, Japan
- Economic Council, Georgia
- Africa Commodities Group - South Africa
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- Electricity Generating Authority of Thailand
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- Interocean Group of Companies - India
- Commonwealth Bank - Australia
- SMG Consultants - Indonesia
- Standard Chartered Bank - UAE
- Bhatia International Limited - India
- Price Waterhouse Coopers - Russia
- PNOC Exploration Corporation - Philippines
- Agrawal Coal Company - India
- Sree Jayajothi Cements Limited - India
- Electricity Authority, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Larsen & Toubro Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Finance - Indonesia
- Anglo American - United Kingdom
- Parry Sugars Refinery, India
- Krishnapatnam Port Company Ltd. - India
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- Orica Mining Services - Indonesia
- Australian Commodity Traders Exchange
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- Formosa Plastics Group - Taiwan
- Thiess Contractors Indonesia
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- Grasim Industreis Ltd - India
- Dalmia Cement Bharat India
- TNB Fuel Sdn Bhd - Malaysia
- TeaM Sual Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Thai Mozambique Logistica
- Barasentosa Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Billiton Holdings Pty Ltd - Australia
- Star Paper Mills Limited - India
- LBH Netherlands Bv - Netherlands
- Renaissance Capital - South Africa
- Straits Asia Resources Limited - Singapore
- Simpson Spence & Young - Indonesia
- San Jose City I Power Corp, Philippines
- Mercuria Energy - Indonesia
- Carbofer General Trading SA - India
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- The State Trading Corporation of India Ltd
- OPG Power Generation Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Parliament of New Zealand
- Coalindo Energy - Indonesia
- Australian Coal Association
- Ministry of Mines - Canada
- Binh Thuan Hamico - Vietnam
- Kideco Jaya Agung - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tamil Nadu electricity Board
- London Commodity Brokers - England
- Meralco Power Generation, Philippines
- Jorong Barutama Greston.PT - Indonesia
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- Alfred C Toepfer International GmbH - Germany
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- Petron Corporation, Philippines
- Aditya Birla Group - India
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- Directorate Of Revenue Intelligence - India
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- IEA Clean Coal Centre - UK
- Ministry of Transport, Egypt
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- Attock Cement Pakistan Limited
- Romanian Commodities Exchange
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- Manunggal Multi Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Sinarmas Energy and Mining - Indonesia
- MS Steel International - UAE
- PTC India Limited - India
- Posco Energy - South Korea
- Gujarat Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Metalloyd Limited - United Kingdom
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- Chamber of Mines of South Africa
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- Indian Energy Exchange, India
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- Minerals Council of Australia
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- Deloitte Consulting - India
- Banpu Public Company Limited - Thailand
- Eastern Energy - Thailand
- Central Electricity Authority - India
- Antam Resourcindo - Indonesia
- Altura Mining Limited, Indonesia
- Oldendorff Carriers - Singapore
- Georgia Ports Authority, United States
- Borneo Indobara - Indonesia
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