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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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- Vedanta Resources Plc - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
- The University of Queensland
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- Deloitte Consulting - India
- Merrill Lynch Commodities Europe
- Indika Energy - Indonesia
- Heidelberg Cement - Germany
- The State Trading Corporation of India Ltd
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- Global Business Power Corporation, Philippines
- Economic Council, Georgia
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- Wood Mackenzie - Singapore
- Mintek Dendrill Indonesia
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- Riau Bara Harum - Indonesia
- Electricity Generating Authority of Thailand
- Meenaskhi Energy Private Limited - India
- Trasteel International SA, Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- India Bulls Power Limited - India
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- Georgia Ports Authority, United States
- Kaltim Prima Coal - Indonesia
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- Coalindo Energy - Indonesia
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- Bangladesh Power Developement Board
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- Ministry of Mines - Canada
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- Indogreen Group - Indonesia
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- PTC India Limited - India
- Cigading International Bulk Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Mjunction Services Limited - India
- Oldendorff Carriers - Singapore
- OPG Power Generation Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
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- London Commodity Brokers - England
- Grasim Industreis Ltd - India
- Eastern Energy - Thailand
- Sical Logistics Limited - India
- Bukit Makmur.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- ASAPP Information Group - India
- Interocean Group of Companies - India
- Parliament of New Zealand
- MS Steel International - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- PowerSource Philippines DevCo
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Marubeni Corporation - India
- Uttam Galva Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Commonwealth Bank - Australia
- Tamil Nadu electricity Board
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- Indian Energy Exchange, India
- Tata Chemicals Ltd - India
- Petron Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Jorong Barutama Greston.PT - Indonesia
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- Intertek Mineral Services - Indonesia
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- Leighton Contractors Pty Ltd - Australia
- CNBM International Corporation - China
- Pipit Mutiara Jaya. PT, Indonesia
- Kepco SPC Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Indian Oil Corporation Limited
- Metalloyd Limited - United Kingdom
- European Bulk Services B.V. - Netherlands
- Australian Coal Association
- Australian Commodity Traders Exchange
- Karbindo Abesyapradhi - Indoneisa
- Manunggal Multi Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Independent Power Producers Association of India
- Ceylon Electricity Board - Sri Lanka
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- Siam City Cement PLC, Thailand
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- GAC Shipping (India) Pvt Ltd
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- Cement Manufacturers Association - India
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- Medco Energi Mining Internasional
- Singapore Mercantile Exchange
- Bulk Trading Sa - Switzerland
- SN Aboitiz Power Inc, Philippines
- Ministry of Finance - Indonesia
- Central Electricity Authority - India
- The Treasury - Australian Government
- Jaiprakash Power Ventures ltd
- Petrochimia International Co. Ltd.- Taiwan
- Anglo American - United Kingdom
- Latin American Coal - Colombia
- Minerals Council of Australia
- Makarim & Taira - Indonesia
- Orica Mining Services - Indonesia
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- Ministry of Transport, Egypt
- Standard Chartered Bank - UAE
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- White Energy Company Limited
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- Directorate General of MIneral and Coal - Indonesia
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- Edison Trading Spa - Italy
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- Maharashtra Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
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- Kapuas Tunggal Persada - Indonesia
- Ambuja Cements Ltd - India
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- Goldman Sachs - Singapore
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