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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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- European Bulk Services B.V. - Netherlands
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- Toyota Tsusho Corporation, Japan
- Straits Asia Resources Limited - Singapore
- Port Waratah Coal Services - Australia
- PowerSource Philippines DevCo
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Ministry of Finance - Indonesia
- Sindya Power Generating Company Private Ltd
- Bukit Makmur.PT - Indonesia
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- VISA Power Limited - India
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- Rashtriya Ispat Nigam Limited - India
- Sojitz Corporation - Japan
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- Economic Council, Georgia
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- Energy Link Ltd, New Zealand
- Banpu Public Company Limited - Thailand
- PNOC Exploration Corporation - Philippines
- Renaissance Capital - South Africa
- Grasim Industreis Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Directorate Of Revenue Intelligence - India
- Riau Bara Harum - Indonesia
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- ICICI Bank Limited - India
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- The State Trading Corporation of India Ltd
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- Siam City Cement - Thailand
- Romanian Commodities Exchange
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- Mercuria Energy - Indonesia
- Heidelberg Cement - Germany
- Commonwealth Bank - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Vizag Seaport Private Limited - India
- Formosa Plastics Group - Taiwan
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- The University of Queensland
- Australian Commodity Traders Exchange
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- Minerals Council of Australia
- Medco Energi Mining Internasional
- Gujarat Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
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- Thiess Contractors Indonesia
- Baramulti Group, Indonesia
- Xindia Steels Limited - India
- Salva Resources Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Wilmar Investment Holdings
- Ministry of Transport, Egypt
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- Global Coal Blending Company Limited - Australia
- Siam City Cement PLC, Thailand
- Sinarmas Energy and Mining - Indonesia
- Orica Australia Pty. Ltd.
- McConnell Dowell - Australia
- LBH Netherlands Bv - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Uttam Galva Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Electricity Authority, New Zealand
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- Lanco Infratech Ltd - India
- Sree Jayajothi Cements Limited - India
- Indogreen Group - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Price Waterhouse Coopers - Russia
- Cigading International Bulk Terminal - Indonesia
- Parliament of New Zealand
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- Neyveli Lignite Corporation Ltd, - India
- Electricity Generating Authority of Thailand
- Rio Tinto Coal - Australia
- London Commodity Brokers - England
- Kideco Jaya Agung - Indonesia
- GVK Power & Infra Limited - India
- IEA Clean Coal Centre - UK
- Leighton Contractors Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Kepco SPC Power Corporation, Philippines
- Sical Logistics Limited - India
- Bharathi Cement Corporation - India
- Savvy Resources Ltd - HongKong
- Ind-Barath Power Infra Limited - India
- Agrawal Coal Company - India
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- Australian Coal Association
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- Directorate General of MIneral and Coal - Indonesia
- Billiton Holdings Pty Ltd - Australia
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- Asmin Koalindo Tuhup - Indonesia
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- TNB Fuel Sdn Bhd - Malaysia
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- SMC Global Power, Philippines
- Edison Trading Spa - Italy
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- Gujarat Mineral Development Corp Ltd - India
- Bhoruka Overseas - Indonesia
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- Chamber of Mines of South Africa
- Georgia Ports Authority, United States
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- Alfred C Toepfer International GmbH - Germany
- Borneo Indobara - Indonesia
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- Merrill Lynch Commodities Europe
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- Africa Commodities Group - South Africa
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- Mjunction Services Limited - India
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- CIMB Investment Bank - Malaysia
- Altura Mining Limited, Indonesia
- SMG Consultants - Indonesia
- MS Steel International - UAE
- CNBM International Corporation - China
- AsiaOL BioFuels Corp., Philippines
- Singapore Mercantile Exchange
- GAC Shipping (India) Pvt Ltd
- Metalloyd Limited - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Eastern Energy - Thailand
- India Bulls Power Limited - India
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