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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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- Ministry of Transport, Egypt
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- South Luzon Thermal Energy Corporation
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- Bhatia International Limited - India
- Tata Chemicals Ltd - India
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- Australian Commodity Traders Exchange
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- Intertek Mineral Services - Indonesia
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- Kapuas Tunggal Persada - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Planning Commission, India
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- Jindal Steel & Power Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Coastal Gujarat Power Limited - India
- Maheswari Brothers Coal Limited - India
- Independent Power Producers Association of India
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- Renaissance Capital - South Africa
- Economic Council, Georgia
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- Alfred C Toepfer International GmbH - Germany
- Parliament of New Zealand
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- Price Waterhouse Coopers - Russia
- Bulk Trading Sa - Switzerland
- Bhoruka Overseas - Indonesia
- Barasentosa Lestari - Indonesia
- ASAPP Information Group - India
- McConnell Dowell - Australia
- Karbindo Abesyapradhi - Indoneisa
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- Agrawal Coal Company - India
- Sarangani Energy Corporation, Philippines
- Attock Cement Pakistan Limited
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- Samtan Co., Ltd - South Korea
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- New Zealand Coal & Carbon
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- Indian Energy Exchange, India
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- MS Steel International - UAE
- Global Coal Blending Company Limited - Australia
- Meenaskhi Energy Private Limited - India
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- Tamil Nadu electricity Board
- Pendopo Energi Batubara - Indonesia
- Straits Asia Resources Limited - Singapore
- Latin American Coal - Colombia
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- Banpu Public Company Limited - Thailand
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- LBH Netherlands Bv - Netherlands
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- SN Aboitiz Power Inc, Philippines
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- Vijayanagar Sugar Pvt Ltd - India
- Georgia Ports Authority, United States
- Jorong Barutama Greston.PT - Indonesia
- Port Waratah Coal Services - Australia
- Central Electricity Authority - India
- The University of Queensland
- Timah Investasi Mineral - Indoneisa
- Standard Chartered Bank - UAE
- Central Java Power - Indonesia
- Eastern Energy - Thailand
- Semirara Mining and Power Corporation, Philippines
- Marubeni Corporation - India
- Romanian Commodities Exchange
- Indian Oil Corporation Limited
- European Bulk Services B.V. - Netherlands
- Baramulti Group, Indonesia
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- The State Trading Corporation of India Ltd
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- Ministry of Finance - Indonesia
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- Coal and Oil Company - UAE
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- Indogreen Group - Indonesia
- Formosa Plastics Group - Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Riau Bara Harum - Indonesia
- Essar Steel Hazira Ltd - India
- Deloitte Consulting - India
- White Energy Company Limited
- Madhucon Powers Ltd - India
- The Treasury - Australian Government
- Bangladesh Power Developement Board
- SMG Consultants - Indonesia
- Electricity Authority, New Zealand
- Manunggal Multi Energi - Indonesia
- Makarim & Taira - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Rio Tinto Coal - Australia
- Power Finance Corporation Ltd., India
- Larsen & Toubro Limited - India
- Meralco Power Generation, Philippines
- Wood Mackenzie - Singapore
- Kobexindo Tractors - Indoneisa
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- Minerals Council of Australia
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- GAC Shipping (India) Pvt Ltd
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- Mjunction Services Limited - India
- Medco Energi Mining Internasional
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- Singapore Mercantile Exchange
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- OPG Power Generation Pvt Ltd - India
- India Bulls Power Limited - India
- Energy Development Corp, Philippines
- Australian Coal Association
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- Bayan Resources Tbk. - Indonesia
- Siam City Cement - Thailand
- Bukit Baiduri Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Jaiprakash Power Ventures ltd
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