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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
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- International Coal Ventures Pvt Ltd - India
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- Tata Chemicals Ltd - India
- Maheswari Brothers Coal Limited - India
- Merrill Lynch Commodities Europe
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Minerals Council of Australia
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- GAC Shipping (India) Pvt Ltd
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- The University of Queensland
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- Energy Link Ltd, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Kalimantan Lumbung Energi - Indonesia
- Metalloyd Limited - United Kingdom
- MS Steel International - UAE
- Sindya Power Generating Company Private Ltd
- Indogreen Group - Indonesia
- PNOC Exploration Corporation - Philippines
- Planning Commission, India
- New Zealand Coal & Carbon
- Siam City Cement - Thailand
- Sakthi Sugars Limited - India
- Makarim & Taira - Indonesia
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- Aboitiz Power Corporation - Philippines
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- Krishnapatnam Port Company Ltd. - India
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- Bukit Makmur.PT - Indonesia
- Ambuja Cements Ltd - India
- Aditya Birla Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Manunggal Multi Energi - Indonesia
- Thai Mozambique Logistica
- Bhoruka Overseas - Indonesia
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
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- Ministry of Finance - Indonesia
- Latin American Coal - Colombia
- Directorate General of MIneral and Coal - Indonesia
- Parliament of New Zealand
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- Price Waterhouse Coopers - Russia
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- Timah Investasi Mineral - Indoneisa
- Indian Oil Corporation Limited
- Port Waratah Coal Services - Australia
- The Treasury - Australian Government
- Tamil Nadu electricity Board
- Marubeni Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ind-Barath Power Infra Limited - India
- Baramulti Group, Indonesia
- Oldendorff Carriers - Singapore
- GVK Power & Infra Limited - India
- Sarangani Energy Corporation, Philippines
- Vedanta Resources Plc - India
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- Global Green Power PLC Corporation, Philippines
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- Sojitz Corporation - Japan
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- Renaissance Capital - South Africa
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- Indian Energy Exchange, India
- Wood Mackenzie - Singapore
- IHS Mccloskey Coal Group - USA
- Sinarmas Energy and Mining - Indonesia
- Carbofer General Trading SA - India
- White Energy Company Limited
- Antam Resourcindo - Indonesia
- Trasteel International SA, Italy
- Larsen & Toubro Limited - India
- Chamber of Mines of South Africa
- Thiess Contractors Indonesia
- Indonesian Coal Mining Association
- European Bulk Services B.V. - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Global Coal Blending Company Limited - Australia
- Formosa Plastics Group - Taiwan
- Lanco Infratech Ltd - India
- Mjunction Services Limited - India
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- Australian Coal Association
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- Central Electricity Authority - India
- Karaikal Port Pvt Ltd - India
- Siam City Cement PLC, Thailand
- PowerSource Philippines DevCo
- Commonwealth Bank - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Holcim Trading Pte Ltd - Singapore
- Goldman Sachs - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- PTC India Limited - India
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- Economic Council, Georgia
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- The State Trading Corporation of India Ltd
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- Mintek Dendrill Indonesia
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- ICICI Bank Limited - India
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- Attock Cement Pakistan Limited
- Coalindo Energy - Indonesia
- Ministry of Mines - Canada
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- Energy Development Corp, Philippines
- Videocon Industries ltd - India
- Simpson Spence & Young - Indonesia
- OPG Power Generation Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Malabar Cements Ltd - India
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- Cement Manufacturers Association - India
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- Bayan Resources Tbk. - Indonesia
- Madhucon Powers Ltd - India
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- Ministry of Transport, Egypt
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- Africa Commodities Group - South Africa
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