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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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- Therma Luzon, Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- McConnell Dowell - Australia
- VISA Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Wood Mackenzie - Singapore
- Straits Asia Resources Limited - Singapore
- Singapore Mercantile Exchange
- Malabar Cements Ltd - India
- Australian Coal Association
- Indonesian Coal Mining Association
- Interocean Group of Companies - India
- Siam City Cement - Thailand
- Coastal Gujarat Power Limited - India
- The State Trading Corporation of India Ltd
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- Romanian Commodities Exchange
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- GN Power Mariveles Coal Plant, Philippines
- Sarangani Energy Corporation, Philippines
- Mercator Lines Limited - India
- Bhoruka Overseas - Indonesia
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- Indika Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Minerals Council of Australia
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- Bulk Trading Sa - Switzerland
- Standard Chartered Bank - UAE
- Orica Australia Pty. Ltd.
- Thai Mozambique Logistica
- Aboitiz Power Corporation - Philippines
- Edison Trading Spa - Italy
- Africa Commodities Group - South Africa
- PTC India Limited - India
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- Sindya Power Generating Company Private Ltd
- Heidelberg Cement - Germany
- ICICI Bank Limited - India
- Cement Manufacturers Association - India
- Ministry of Finance - Indonesia
- Videocon Industries ltd - India
- Central Java Power - Indonesia
- Global Coal Blending Company Limited - Australia
- Mintek Dendrill Indonesia
- Energy Development Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Sakthi Sugars Limited - India
- Manunggal Multi Energi - Indonesia
- Planning Commission, India
- CIMB Investment Bank - Malaysia
- International Coal Ventures Pvt Ltd - India
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- The Treasury - Australian Government
- Xindia Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Toyota Tsusho Corporation, Japan
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- Posco Energy - South Korea
- Antam Resourcindo - Indonesia
- Petron Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Bangladesh Power Developement Board
- Maheswari Brothers Coal Limited - India
- Sojitz Corporation - Japan
- Mjunction Services Limited - India
- Metalloyd Limited - United Kingdom
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- Karbindo Abesyapradhi - Indoneisa
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- Ministry of Transport, Egypt
- Indian Oil Corporation Limited
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- New Zealand Coal & Carbon
- Karaikal Port Pvt Ltd - India
- Goldman Sachs - Singapore
- Oldendorff Carriers - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Makarim & Taira - Indonesia
- Iligan Light & Power Inc, Philippines
- Trasteel International SA, Italy
- Jorong Barutama Greston.PT - Indonesia
- Riau Bara Harum - Indonesia
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- Thiess Contractors Indonesia
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- Sinarmas Energy and Mining - Indonesia
- Essar Steel Hazira Ltd - India
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- Price Waterhouse Coopers - Russia
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- Kumho Petrochemical, South Korea
- Gujarat Sidhee Cement - India
- Wilmar Investment Holdings
- Australian Commodity Traders Exchange
- GVK Power & Infra Limited - India
- Directorate Of Revenue Intelligence - India
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- Independent Power Producers Association of India
- Bank of Tokyo Mitsubishi UFJ Ltd
- GAC Shipping (India) Pvt Ltd
- Kapuas Tunggal Persada - Indonesia
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- Indian Energy Exchange, India
- Gujarat Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Merrill Lynch Commodities Europe
- Grasim Industreis Ltd - India
- Leighton Contractors Pty Ltd - Australia
- European Bulk Services B.V. - Netherlands
- IEA Clean Coal Centre - UK
- Bahari Cakrawala Sebuku - Indonesia
- Medco Energi Mining Internasional
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- Binh Thuan Hamico - Vietnam
- Parliament of New Zealand
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- Globalindo Alam Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
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- Economic Council, Georgia
- Altura Mining Limited, Indonesia
- LBH Netherlands Bv - Netherlands
- Salva Resources Pvt Ltd - India
- Renaissance Capital - South Africa
- Port Waratah Coal Services - Australia
- The University of Queensland
- India Bulls Power Limited - India
- ASAPP Information Group - India
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- Tamil Nadu electricity Board
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- Electricity Authority, New Zealand
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- Billiton Holdings Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Ambuja Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Mines - Canada
- Simpson Spence & Young - Indonesia
- Energy Link Ltd, New Zealand
- Gujarat Mineral Development Corp Ltd - India
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- Eastern Coal Council - USA
- Ceylon Electricity Board - Sri Lanka
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