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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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- Essar Steel Hazira Ltd - India
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- Gujarat Mineral Development Corp Ltd - India
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- Iligan Light & Power Inc, Philippines
- Indian Energy Exchange, India
- Coal and Oil Company - UAE
- Ambuja Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Wilmar Investment Holdings
- Africa Commodities Group - South Africa
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- Metalloyd Limited - United Kingdom
- Thai Mozambique Logistica
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- Price Waterhouse Coopers - Russia
- Central Java Power - Indonesia
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- GN Power Mariveles Coal Plant, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Oldendorff Carriers - Singapore
- European Bulk Services B.V. - Netherlands
- CIMB Investment Bank - Malaysia
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- Directorate Of Revenue Intelligence - India
- SN Aboitiz Power Inc, Philippines
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- Chamber of Mines of South Africa
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- PTC India Limited - India
- Merrill Lynch Commodities Europe
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- Sojitz Corporation - Japan
- Maharashtra Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement PLC, Thailand
- Bhatia International Limited - India
- Commonwealth Bank - Australia
- Cement Manufacturers Association - India
- Globalindo Alam Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
- TeaM Sual Corporation - Philippines
- Semirara Mining Corp, Philippines
- Antam Resourcindo - Indonesia
- Sindya Power Generating Company Private Ltd
- Billiton Holdings Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Independent Power Producers Association of India
- Mintek Dendrill Indonesia
- Australian Commodity Traders Exchange
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- LBH Netherlands Bv - Netherlands
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- Georgia Ports Authority, United States
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- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- GMR Energy Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Mjunction Services Limited - India
- The Treasury - Australian Government
- Bayan Resources Tbk. - Indonesia
- White Energy Company Limited
- Kapuas Tunggal Persada - Indonesia
- Eastern Energy - Thailand
- Rashtriya Ispat Nigam Limited - India
- Simpson Spence & Young - Indonesia
- Jindal Steel & Power Ltd - India
- Madhucon Powers Ltd - India
- Makarim & Taira - Indonesia
- Pendopo Energi Batubara - Indonesia
- Orica Australia Pty. Ltd.
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- Posco Energy - South Korea
- Port Waratah Coal Services - Australia
- Star Paper Mills Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Sakthi Sugars Limited - India
- IEA Clean Coal Centre - UK
- Minerals Council of Australia
- Electricity Generating Authority of Thailand
- Indogreen Group - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bulk Trading Sa - Switzerland
- Semirara Mining and Power Corporation, Philippines
- Carbofer General Trading SA - India
- Eastern Coal Council - USA
- Edison Trading Spa - Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Development Corp, Philippines
- Parliament of New Zealand
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- Electricity Authority, New Zealand
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- Bhoruka Overseas - Indonesia
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- ASAPP Information Group - India
- Ministry of Finance - Indonesia
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- Chettinad Cement Corporation Ltd - India
- India Bulls Power Limited - India
- Riau Bara Harum - Indonesia
- VISA Power Limited - India
- The University of Queensland
- Xindia Steels Limited - India
- Ministry of Mines - Canada
- Medco Energi Mining Internasional
- Bahari Cakrawala Sebuku - Indonesia
- Marubeni Corporation - India
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- Economic Council, Georgia
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- SMG Consultants - Indonesia
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- Salva Resources Pvt Ltd - India
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- Kaltim Prima Coal - Indonesia
- Baramulti Group, Indonesia
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- Indonesian Coal Mining Association
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- Kobexindo Tractors - Indoneisa
- AsiaOL BioFuels Corp., Philippines
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- Indika Energy - Indonesia
- MS Steel International - UAE
- Meralco Power Generation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Singapore Mercantile Exchange
- Sical Logistics Limited - India
- Cigading International Bulk Terminal - Indonesia
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- Thiess Contractors Indonesia
- Petron Corporation, Philippines
- Energy Link Ltd, New Zealand
- Wood Mackenzie - Singapore
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- Tamil Nadu electricity Board
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- London Commodity Brokers - England
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- The State Trading Corporation of India Ltd
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- Sinarmas Energy and Mining - Indonesia
- Coalindo Energy - Indonesia
- Parry Sugars Refinery, India
- Central Electricity Authority - India
- Alfred C Toepfer International GmbH - Germany
- Savvy Resources Ltd - HongKong
- Binh Thuan Hamico - Vietnam
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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