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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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- Global Coal Blending Company Limited - Australia
- Karbindo Abesyapradhi - Indoneisa
- Minerals Council of Australia
- AsiaOL BioFuels Corp., Philippines
- Indogreen Group - Indonesia
- Bharathi Cement Corporation - India
- Vedanta Resources Plc - India
- Renaissance Capital - South Africa
- Australian Commodity Traders Exchange
- Bhoruka Overseas - Indonesia
- Bhushan Steel Limited - India
- OPG Power Generation Pvt Ltd - India
- Parliament of New Zealand
- MS Steel International - UAE
- Bulk Trading Sa - Switzerland
- Rashtriya Ispat Nigam Limited - India
- Africa Commodities Group - South Africa
- Barasentosa Lestari - Indonesia
- Mjunction Services Limited - India
- Indonesian Coal Mining Association
- Straits Asia Resources Limited - Singapore
- Sakthi Sugars Limited - India
- India Bulls Power Limited - India
- Formosa Plastics Group - Taiwan
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- New Zealand Coal & Carbon
- Ministry of Finance - Indonesia
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- Trasteel International SA, Italy
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- Directorate General of MIneral and Coal - Indonesia
- Standard Chartered Bank - UAE
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- Gujarat Sidhee Cement - India
- Bukit Makmur.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Ambuja Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Commonwealth Bank - Australia
- Electricity Authority, New Zealand
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- Indian Oil Corporation Limited
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- Chamber of Mines of South Africa
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- Planning Commission, India
- Energy Development Corp, Philippines
- Coalindo Energy - Indonesia
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- GMR Energy Limited - India
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- PNOC Exploration Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Interocean Group of Companies - India
- Leighton Contractors Pty Ltd - Australia
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- The Treasury - Australian Government
- Edison Trading Spa - Italy
- LBH Netherlands Bv - Netherlands
- Indian Energy Exchange, India
- Altura Mining Limited, Indonesia
- Sojitz Corporation - Japan
- Alfred C Toepfer International GmbH - Germany
- Bhatia International Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Savvy Resources Ltd - HongKong
- Petron Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Wilmar Investment Holdings
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- Energy Link Ltd, New Zealand
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- Videocon Industries ltd - India
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- Therma Luzon, Inc, Philippines
- Romanian Commodities Exchange
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- Cement Manufacturers Association - India
- Asmin Koalindo Tuhup - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Deloitte Consulting - India
- Wood Mackenzie - Singapore
- Carbofer General Trading SA - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PetroVietnam Power Coal Import and Supply Company
- Power Finance Corporation Ltd., India
- Toyota Tsusho Corporation, Japan
- Miang Besar Coal Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Eastern Coal Council - USA
- Sical Logistics Limited - India
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- Xindia Steels Limited - India
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- Metalloyd Limited - United Kingdom
- Malabar Cements Ltd - India
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Electricity Generating Authority of Thailand
- Kaltim Prima Coal - Indonesia
- SMC Global Power, Philippines
- Economic Council, Georgia
- Central Electricity Authority - India
- Intertek Mineral Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
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- Singapore Mercantile Exchange
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- Siam City Cement - Thailand
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- Mintek Dendrill Indonesia
- London Commodity Brokers - England
- Merrill Lynch Commodities Europe
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- Timah Investasi Mineral - Indoneisa
- IHS Mccloskey Coal Group - USA
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- Orica Mining Services - Indonesia
- Binh Thuan Hamico - Vietnam
- The University of Queensland
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- Kumho Petrochemical, South Korea
- European Bulk Services B.V. - Netherlands
- ASAPP Information Group - India
- Independent Power Producers Association of India
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- Australian Coal Association
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