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Friday, 14 August 09
INDONESIA COAL-PRICES FALL TO $74, INDIA EYES SEPT CARGOES
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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- Kohat Cement Company Ltd. - Pakistan
- Latin American Coal - Colombia
- Siam City Cement PLC, Thailand
- Star Paper Mills Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Indonesian Coal Mining Association
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- Toyota Tsusho Corporation, Japan
- Gujarat Electricity Regulatory Commission - India
- Economic Council, Georgia
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- Merrill Lynch Commodities Europe
- The State Trading Corporation of India Ltd
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- GAC Shipping (India) Pvt Ltd
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- SMG Consultants - Indonesia
- Medco Energi Mining Internasional
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- Power Finance Corporation Ltd., India
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- Cigading International Bulk Terminal - Indonesia
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- Interocean Group of Companies - India
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- Wood Mackenzie - Singapore
- Meralco Power Generation, Philippines
- New Zealand Coal & Carbon
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- Samtan Co., Ltd - South Korea
- Banpu Public Company Limited - Thailand
- Edison Trading Spa - Italy
- MS Steel International - UAE
- Heidelberg Cement - Germany
- Tata Chemicals Ltd - India
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- Lanco Infratech Ltd - India
- Alfred C Toepfer International GmbH - Germany
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- Binh Thuan Hamico - Vietnam
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- Aditya Birla Group - India
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- Tamil Nadu electricity Board
- Miang Besar Coal Terminal - Indonesia
- CNBM International Corporation - China
- IHS Mccloskey Coal Group - USA
- Kepco SPC Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Semirara Mining Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Commonwealth Bank - Australia
- Vizag Seaport Private Limited - India
- Coalindo Energy - Indonesia
- Borneo Indobara - Indonesia
- Madhucon Powers Ltd - India
- Gujarat Sidhee Cement - India
- The University of Queensland
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- IEA Clean Coal Centre - UK
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- Indian Oil Corporation Limited
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- Singapore Mercantile Exchange
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- Sindya Power Generating Company Private Ltd
- Thiess Contractors Indonesia
- VISA Power Limited - India
- Ind-Barath Power Infra Limited - India
- Coastal Gujarat Power Limited - India
- Orica Mining Services - Indonesia
- Planning Commission, India
- Ministry of Mines - Canada
- Intertek Mineral Services - Indonesia
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- Sinarmas Energy and Mining - Indonesia
- PTC India Limited - India
- Australian Coal Association
- Parliament of New Zealand
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- Electricity Generating Authority of Thailand
- Meenaskhi Energy Private Limited - India
- Formosa Plastics Group - Taiwan
- ICICI Bank Limited - India
- Eastern Coal Council - USA
- White Energy Company Limited
- Ministry of Transport, Egypt
- TeaM Sual Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Pendopo Energi Batubara - Indonesia
- Mercuria Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vedanta Resources Plc - India
- Cement Manufacturers Association - India
- Salva Resources Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Pipit Mutiara Jaya. PT, Indonesia
- Renaissance Capital - South Africa
- Georgia Ports Authority, United States
- GMR Energy Limited - India
- CIMB Investment Bank - Malaysia
- Bangladesh Power Developement Board
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- Price Waterhouse Coopers - Russia
- Directorate General of MIneral and Coal - Indonesia
- Indogreen Group - Indonesia
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- Sakthi Sugars Limited - India
- PowerSource Philippines DevCo
- Minerals Council of Australia
- Chamber of Mines of South Africa
- GVK Power & Infra Limited - India
- Deloitte Consulting - India
- Carbofer General Trading SA - India
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- Bhatia International Limited - India
- Indian Energy Exchange, India
- Metalloyd Limited - United Kingdom
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- Sojitz Corporation - Japan
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