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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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- Thai Mozambique Logistica
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- Merrill Lynch Commodities Europe
- Videocon Industries ltd - India
- Semirara Mining and Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- Savvy Resources Ltd - HongKong
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sindya Power Generating Company Private Ltd
- ICICI Bank Limited - India
- Metalloyd Limited - United Kingdom
- Energy Link Ltd, New Zealand
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- The University of Queensland
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- GVK Power & Infra Limited - India
- Minerals Council of Australia
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- Petron Corporation, Philippines
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- Jorong Barutama Greston.PT - Indonesia
- Ministry of Finance - Indonesia
- Eastern Energy - Thailand
- Ministry of Mines - Canada
- Bhushan Steel Limited - India
- Bhatia International Limited - India
- Straits Asia Resources Limited - Singapore
- Borneo Indobara - Indonesia
- Tata Chemicals Ltd - India
- Baramulti Group, Indonesia
- Romanian Commodities Exchange
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- Parry Sugars Refinery, India
- Coal and Oil Company - UAE
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- Sojitz Corporation - Japan
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- Iligan Light & Power Inc, Philippines
- Medco Energi Mining Internasional
- Standard Chartered Bank - UAE
- Parliament of New Zealand
- Malabar Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Posco Energy - South Korea
- Chamber of Mines of South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bank of Tokyo Mitsubishi UFJ Ltd
- Price Waterhouse Coopers - Russia
- SMC Global Power, Philippines
- Pendopo Energi Batubara - Indonesia
- Wood Mackenzie - Singapore
- Mjunction Services Limited - India
- Bhoruka Overseas - Indonesia
- Samtan Co., Ltd - South Korea
- Altura Mining Limited, Indonesia
- Bangladesh Power Developement Board
- Singapore Mercantile Exchange
- Port Waratah Coal Services - Australia
- Directorate Of Revenue Intelligence - India
- The Treasury - Australian Government
- London Commodity Brokers - England
- Maheswari Brothers Coal Limited - India
- Globalindo Alam Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement - Thailand
- Agrawal Coal Company - India
- Binh Thuan Hamico - Vietnam
- CIMB Investment Bank - Malaysia
- Ind-Barath Power Infra Limited - India
- Ambuja Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Edison Trading Spa - Italy
- Makarim & Taira - Indonesia
- Cigading International Bulk Terminal - Indonesia
- McConnell Dowell - Australia
- Kumho Petrochemical, South Korea
- Xindia Steels Limited - India
- South Luzon Thermal Energy Corporation
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- New Zealand Coal & Carbon
- Orica Australia Pty. Ltd.
- IHS Mccloskey Coal Group - USA
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- Australian Coal Association
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- Energy Development Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- SN Aboitiz Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- CNBM International Corporation - China
- Aditya Birla Group - India
- Trasteel International SA, Italy
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- Economic Council, Georgia
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- Indogreen Group - Indonesia
- Global Green Power PLC Corporation, Philippines
- Africa Commodities Group - South Africa
- Alfred C Toepfer International GmbH - Germany
- Billiton Holdings Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Thiess Contractors Indonesia
- IEA Clean Coal Centre - UK
- European Bulk Services B.V. - Netherlands
- Electricity Authority, New Zealand
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- Coastal Gujarat Power Limited - India
- Kepco SPC Power Corporation, Philippines
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- Global Coal Blending Company Limited - Australia
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- SMG Consultants - Indonesia
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- Planning Commission, India
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- India Bulls Power Limited - India
- Cement Manufacturers Association - India
- Mintek Dendrill Indonesia
- The State Trading Corporation of India Ltd
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- Star Paper Mills Limited - India
- OPG Power Generation Pvt Ltd - India
- GMR Energy Limited - India
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- TeaM Sual Corporation - Philippines
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- Indian Energy Exchange, India
- GAC Shipping (India) Pvt Ltd
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