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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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- Alfred C Toepfer International GmbH - Germany
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- Ind-Barath Power Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Finance - Indonesia
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- Vijayanagar Sugar Pvt Ltd - India
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- Manunggal Multi Energi - Indonesia
- Singapore Mercantile Exchange
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- Rio Tinto Coal - Australia
- PNOC Exploration Corporation - Philippines
- Indian Energy Exchange, India
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- Karbindo Abesyapradhi - Indoneisa
- Jaiprakash Power Ventures ltd
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- Australian Commodity Traders Exchange
- Trasteel International SA, Italy
- Videocon Industries ltd - India
- Global Coal Blending Company Limited - Australia
- Medco Energi Mining Internasional
- Bukit Makmur.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Eastern Energy - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Pipit Mutiara Jaya. PT, Indonesia
- Agrawal Coal Company - India
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- Petrochimia International Co. Ltd.- Taiwan
- Thiess Contractors Indonesia
- Power Finance Corporation Ltd., India
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- GAC Shipping (India) Pvt Ltd
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- Global Business Power Corporation, Philippines
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- Metalloyd Limited - United Kingdom
- AsiaOL BioFuels Corp., Philippines
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- Australian Coal Association
- Heidelberg Cement - Germany
- Malabar Cements Ltd - India
- White Energy Company Limited
- Petron Corporation, Philippines
- Larsen & Toubro Limited - India
- LBH Netherlands Bv - Netherlands
- Electricity Authority, New Zealand
- Baramulti Group, Indonesia
- SMG Consultants - Indonesia
- McConnell Dowell - Australia
- Commonwealth Bank - Australia
- Maharashtra Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- OPG Power Generation Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Kobexindo Tractors - Indoneisa
- India Bulls Power Limited - India
- Barasentosa Lestari - Indonesia
- Independent Power Producers Association of India
- Bhoruka Overseas - Indonesia
- Vizag Seaport Private Limited - India
- Semirara Mining Corp, Philippines
- Sical Logistics Limited - India
- Karaikal Port Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Savvy Resources Ltd - HongKong
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- Kumho Petrochemical, South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Asmin Koalindo Tuhup - Indonesia
- SMC Global Power, Philippines
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- Banpu Public Company Limited - Thailand
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Indogreen Group - Indonesia
- Kartika Selabumi Mining - Indonesia
- Deloitte Consulting - India
- SN Aboitiz Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
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- New Zealand Coal & Carbon
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- IHS Mccloskey Coal Group - USA
- Cement Manufacturers Association - India
- GN Power Mariveles Coal Plant, Philippines
- Edison Trading Spa - Italy
- The University of Queensland
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- Formosa Plastics Group - Taiwan
- Central Java Power - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Mines - Canada
- Indian Oil Corporation Limited
- Kideco Jaya Agung - Indonesia
- Bhatia International Limited - India
- Chamber of Mines of South Africa
- Directorate General of MIneral and Coal - Indonesia
- Mercuria Energy - Indonesia
- Mintek Dendrill Indonesia
- GVK Power & Infra Limited - India
- CIMB Investment Bank - Malaysia
- IEA Clean Coal Centre - UK
- Energy Link Ltd, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Binh Thuan Hamico - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Chettinad Cement Corporation Ltd - India
- GMR Energy Limited - India
- Timah Investasi Mineral - Indoneisa
- Energy Development Corp, Philippines
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- Bulk Trading Sa - Switzerland
- Indika Energy - Indonesia
- Merrill Lynch Commodities Europe
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- The Treasury - Australian Government
- Parliament of New Zealand
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Africa Commodities Group - South Africa
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- Bangladesh Power Developement Board
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- Economic Council, Georgia
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- The State Trading Corporation of India Ltd
- Indonesian Coal Mining Association
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wood Mackenzie - Singapore
- Aditya Birla Group - India
- MS Steel International - UAE
- Goldman Sachs - Singapore
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