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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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- Uttam Galva Steels Limited - India
- McConnell Dowell - Australia
- Eastern Energy - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Commonwealth Bank - Australia
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- Xindia Steels Limited - India
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- Samtan Co., Ltd - South Korea
- Ministry of Transport, Egypt
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- Price Waterhouse Coopers - Russia
- Manunggal Multi Energi - Indonesia
- Edison Trading Spa - Italy
- Straits Asia Resources Limited - Singapore
- South Luzon Thermal Energy Corporation
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- Sical Logistics Limited - India
- Therma Luzon, Inc, Philippines
- Intertek Mineral Services - Indonesia
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- Electricity Authority, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
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- Trasteel International SA, Italy
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- ICICI Bank Limited - India
- Lanco Infratech Ltd - India
- Bhushan Steel Limited - India
- Bangladesh Power Developement Board
- Georgia Ports Authority, United States
- PTC India Limited - India
- SMG Consultants - Indonesia
- Baramulti Group, Indonesia
- Singapore Mercantile Exchange
- Leighton Contractors Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- Power Finance Corporation Ltd., India
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- Bharathi Cement Corporation - India
- IEA Clean Coal Centre - UK
- Global Coal Blending Company Limited - Australia
- Maheswari Brothers Coal Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Miang Besar Coal Terminal - Indonesia
- Wilmar Investment Holdings
- MS Steel International - UAE
- Goldman Sachs - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Thiess Contractors Indonesia
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- Minerals Council of Australia
- Grasim Industreis Ltd - India
- Tamil Nadu electricity Board
- International Coal Ventures Pvt Ltd - India
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- Karaikal Port Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Port Waratah Coal Services - Australia
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- Kideco Jaya Agung - Indonesia
- Sree Jayajothi Cements Limited - India
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- White Energy Company Limited
- Kaltim Prima Coal - Indonesia
- Orica Mining Services - Indonesia
- CNBM International Corporation - China
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- Larsen & Toubro Limited - India
- SMC Global Power, Philippines
- Marubeni Corporation - India
- Energy Development Corp, Philippines
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- Riau Bara Harum - Indonesia
- Wood Mackenzie - Singapore
- Gujarat Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- Attock Cement Pakistan Limited
- The State Trading Corporation of India Ltd
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- The University of Queensland
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- Star Paper Mills Limited - India
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- Mintek Dendrill Indonesia
- Antam Resourcindo - Indonesia
- Holcim Trading Pte Ltd - Singapore
- European Bulk Services B.V. - Netherlands
- Altura Mining Limited, Indonesia
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- Pendopo Energi Batubara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Tata Chemicals Ltd - India
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- Economic Council, Georgia
- Semirara Mining Corp, Philippines
- Romanian Commodities Exchange
- ASAPP Information Group - India
- San Jose City I Power Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Orica Australia Pty. Ltd.
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- Interocean Group of Companies - India
- Sinarmas Energy and Mining - Indonesia
- Eastern Coal Council - USA
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Heidelberg Cement - Germany
- Australian Commodity Traders Exchange
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- TeaM Sual Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Rio Tinto Coal - Australia
- Parliament of New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Africa Commodities Group - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- The Treasury - Australian Government
- Indo Tambangraya Megah - Indonesia
- Sojitz Corporation - Japan
- Indonesian Coal Mining Association
- Ind-Barath Power Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Vizag Seaport Private Limited - India
- Formosa Plastics Group - Taiwan
- Ceylon Electricity Board - Sri Lanka
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- London Commodity Brokers - England
- Gujarat Sidhee Cement - India
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- Electricity Generating Authority of Thailand
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- Mjunction Services Limited - India
- Indian Energy Exchange, India
- IHS Mccloskey Coal Group - USA
- Indian Oil Corporation Limited
- Bukit Baiduri Energy - Indonesia
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- Central Electricity Authority - India
- Planning Commission, India
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