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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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- Larsen & Toubro Limited - India
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- Lanco Infratech Ltd - India
- Bhatia International Limited - India
- Makarim & Taira - Indonesia
- Sakthi Sugars Limited - India
- Bulk Trading Sa - Switzerland
- Miang Besar Coal Terminal - Indonesia
- Romanian Commodities Exchange
- Kumho Petrochemical, South Korea
- Global Coal Blending Company Limited - Australia
- Energy Link Ltd, New Zealand
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- Mintek Dendrill Indonesia
- New Zealand Coal & Carbon
- Energy Development Corp, Philippines
- Medco Energi Mining Internasional
- Sree Jayajothi Cements Limited - India
- Karaikal Port Pvt Ltd - India
- Ministry of Mines - Canada
- Oldendorff Carriers - Singapore
- Antam Resourcindo - Indonesia
- Vedanta Resources Plc - India
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- South Luzon Thermal Energy Corporation
- Electricity Authority, New Zealand
- The State Trading Corporation of India Ltd
- Marubeni Corporation - India
- Parliament of New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhushan Steel Limited - India
- CIMB Investment Bank - Malaysia
- Central Java Power - Indonesia
- PTC India Limited - India
- Australian Coal Association
- Kaltim Prima Coal - Indonesia
- IEA Clean Coal Centre - UK
- European Bulk Services B.V. - Netherlands
- ASAPP Information Group - India
- Toyota Tsusho Corporation, Japan
- Electricity Generating Authority of Thailand
- Ministry of Finance - Indonesia
- San Jose City I Power Corp, Philippines
- Parry Sugars Refinery, India
- Gujarat Sidhee Cement - India
- Standard Chartered Bank - UAE
- Minerals Council of Australia
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- Carbofer General Trading SA - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- TeaM Sual Corporation - Philippines
- Edison Trading Spa - Italy
- Central Electricity Authority - India
- Coal and Oil Company - UAE
- Barasentosa Lestari - Indonesia
- Petron Corporation, Philippines
- Rio Tinto Coal - Australia
- Sojitz Corporation - Japan
- Merrill Lynch Commodities Europe
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- Global Business Power Corporation, Philippines
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- Meralco Power Generation, Philippines
- Aditya Birla Group - India
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- Eastern Coal Council - USA
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- TNB Fuel Sdn Bhd - Malaysia
- Mercator Lines Limited - India
- SMC Global Power, Philippines
- Renaissance Capital - South Africa
- Xindia Steels Limited - India
- Grasim Industreis Ltd - India
- Ministry of Transport, Egypt
- Binh Thuan Hamico - Vietnam
- Tata Chemicals Ltd - India
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- Timah Investasi Mineral - Indoneisa
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- Latin American Coal - Colombia
- The Treasury - Australian Government
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- Indian Oil Corporation Limited
- Economic Council, Georgia
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- Coalindo Energy - Indonesia
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- Ambuja Cements Ltd - India
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- Billiton Holdings Pty Ltd - Australia
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- Heidelberg Cement - Germany
- Trasteel International SA, Italy
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- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
- Altura Mining Limited, Indonesia
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- Indonesian Coal Mining Association
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- Price Waterhouse Coopers - Russia
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- Baramulti Group, Indonesia
- Eastern Energy - Thailand
- Bayan Resources Tbk. - Indonesia
- India Bulls Power Limited - India
- Intertek Mineral Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CNBM International Corporation - China
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- Cement Manufacturers Association - India
- Goldman Sachs - Singapore
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- Bharathi Cement Corporation - India
- The University of Queensland
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- Chamber of Mines of South Africa
- Kobexindo Tractors - Indoneisa
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- Planning Commission, India
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- Samtan Co., Ltd - South Korea
- LBH Netherlands Bv - Netherlands
- Power Finance Corporation Ltd., India
- Interocean Group of Companies - India
- Sarangani Energy Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- Orica Mining Services - Indonesia
- IHS Mccloskey Coal Group - USA
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