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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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- Thiess Contractors Indonesia
- Ministry of Mines - Canada
- Australian Commodity Traders Exchange
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- Anglo American - United Kingdom
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- Standard Chartered Bank - UAE
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- The Treasury - Australian Government
- Commonwealth Bank - Australia
- Videocon Industries ltd - India
- Salva Resources Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Aditya Birla Group - India
- Coalindo Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Wilmar Investment Holdings
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- PTC India Limited - India
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- The University of Queensland
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Rashtriya Ispat Nigam Limited - India
- Formosa Plastics Group - Taiwan
- CIMB Investment Bank - Malaysia
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- MS Steel International - UAE
- Independent Power Producers Association of India
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- Ministry of Transport, Egypt
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- Eastern Energy - Thailand
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- India Bulls Power Limited - India
- Trasteel International SA, Italy
- Bahari Cakrawala Sebuku - Indonesia
- Savvy Resources Ltd - HongKong
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- LBH Netherlands Bv - Netherlands
- Cement Manufacturers Association - India
- Goldman Sachs - Singapore
- Samtan Co., Ltd - South Korea
- Lanco Infratech Ltd - India
- Uttam Galva Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Thai Mozambique Logistica
- Energy Link Ltd, New Zealand
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- Jindal Steel & Power Ltd - India
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- Kohat Cement Company Ltd. - Pakistan
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- San Jose City I Power Corp, Philippines
- GAC Shipping (India) Pvt Ltd
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- Siam City Cement - Thailand
- SN Aboitiz Power Inc, Philippines
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- Africa Commodities Group - South Africa
- Indika Energy - Indonesia
- Kumho Petrochemical, South Korea
- Coal and Oil Company - UAE
- Economic Council, Georgia
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- Essar Steel Hazira Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Electricity Authority, New Zealand
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- Interocean Group of Companies - India
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- Electricity Generating Authority of Thailand
- Bhoruka Overseas - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- GMR Energy Limited - India
- Maheswari Brothers Coal Limited - India
- Mercuria Energy - Indonesia
- Chamber of Mines of South Africa
- Manunggal Multi Energi - Indonesia
- Siam City Cement PLC, Thailand
- Gujarat Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- Orica Australia Pty. Ltd.
- Planning Commission, India
- Minerals Council of Australia
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- Straits Asia Resources Limited - Singapore
- Alfred C Toepfer International GmbH - Germany
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- Bhushan Steel Limited - India
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- Bangladesh Power Developement Board
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- Orica Mining Services - Indonesia
- Bhatia International Limited - India
- Tamil Nadu electricity Board
- Georgia Ports Authority, United States
- London Commodity Brokers - England
- Merrill Lynch Commodities Europe
- Ministry of Finance - Indonesia
- Price Waterhouse Coopers - Russia
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- Indian Oil Corporation Limited
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Australian Coal Association
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- Kaltim Prima Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Edison Trading Spa - Italy
- Billiton Holdings Pty Ltd - Australia
- Parliament of New Zealand
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- Singapore Mercantile Exchange
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- Kartika Selabumi Mining - Indonesia
- Antam Resourcindo - Indonesia
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- Global Coal Blending Company Limited - Australia
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- Petrochimia International Co. Ltd.- Taiwan
- Romanian Commodities Exchange
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- Indonesian Coal Mining Association
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