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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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- Baramulti Group, Indonesia
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- Alfred C Toepfer International GmbH - Germany
- PowerSource Philippines DevCo
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- Rashtriya Ispat Nigam Limited - India
- Ministry of Finance - Indonesia
- The State Trading Corporation of India Ltd
- Bayan Resources Tbk. - Indonesia
- Thiess Contractors Indonesia
- Wilmar Investment Holdings
- Aditya Birla Group - India
- Rio Tinto Coal - Australia
- Orica Mining Services - Indonesia
- Petron Corporation, Philippines
- Wood Mackenzie - Singapore
- Orica Australia Pty. Ltd.
- McConnell Dowell - Australia
- Mintek Dendrill Indonesia
- Indogreen Group - Indonesia
- Coastal Gujarat Power Limited - India
- Agrawal Coal Company - India
- Planning Commission, India
- GVK Power & Infra Limited - India
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Indika Energy - Indonesia
- The University of Queensland
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- LBH Netherlands Bv - Netherlands
- Bulk Trading Sa - Switzerland
- Petrochimia International Co. Ltd.- Taiwan
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- Indian Energy Exchange, India
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- New Zealand Coal & Carbon
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- ICICI Bank Limited - India
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- Siam City Cement PLC, Thailand
- Singapore Mercantile Exchange
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- Straits Asia Resources Limited - Singapore
- Salva Resources Pvt Ltd - India
- Sojitz Corporation - Japan
- White Energy Company Limited
- Indonesian Coal Mining Association
- Oldendorff Carriers - Singapore
- Kaltim Prima Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Vedanta Resources Plc - India
- International Coal Ventures Pvt Ltd - India
- Ministry of Transport, Egypt
- Mercator Lines Limited - India
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- Romanian Commodities Exchange
- Sindya Power Generating Company Private Ltd
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- Kartika Selabumi Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Electricity Authority, New Zealand
- Goldman Sachs - Singapore
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- Binh Thuan Hamico - Vietnam
- Borneo Indobara - Indonesia
- Kobexindo Tractors - Indoneisa
- Chettinad Cement Corporation Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Sree Jayajothi Cements Limited - India
- Riau Bara Harum - Indonesia
- European Bulk Services B.V. - Netherlands
- Ind-Barath Power Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Gujarat Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- Xindia Steels Limited - India
- Chamber of Mines of South Africa
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- Energy Link Ltd, New Zealand
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- Interocean Group of Companies - India
- Directorate Of Revenue Intelligence - India
- Marubeni Corporation - India
- Edison Trading Spa - Italy
- Mjunction Services Limited - India
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- Dalmia Cement Bharat India
- Economic Council, Georgia
- Makarim & Taira - Indonesia
- GMR Energy Limited - India
- Electricity Generating Authority of Thailand
- Standard Chartered Bank - UAE
- MS Steel International - UAE
- Grasim Industreis Ltd - India
- Ministry of Mines - Canada
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- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Sidhee Cement - India
- Billiton Holdings Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
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- The Treasury - Australian Government
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- ASAPP Information Group - India
- Power Finance Corporation Ltd., India
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- Global Coal Blending Company Limited - Australia
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- Australian Commodity Traders Exchange
- Thai Mozambique Logistica
- Minerals Council of Australia
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- Sical Logistics Limited - India
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- Samtan Co., Ltd - South Korea
- India Bulls Power Limited - India
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- Bukit Makmur.PT - Indonesia
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- Attock Cement Pakistan Limited
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- Bharathi Cement Corporation - India
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