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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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- Sakthi Sugars Limited - India
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- Goldman Sachs - Singapore
- Economic Council, Georgia
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- Tata Chemicals Ltd - India
- Gujarat Sidhee Cement - India
- McConnell Dowell - Australia
- Gujarat Mineral Development Corp Ltd - India
- Merrill Lynch Commodities Europe
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- The State Trading Corporation of India Ltd
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- VISA Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Commonwealth Bank - Australia
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- Metalloyd Limited - United Kingdom
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- Indo Tambangraya Megah - Indonesia
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- Parliament of New Zealand
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- Standard Chartered Bank - UAE
- Minerals Council of Australia
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- Indika Energy - Indonesia
- Madhucon Powers Ltd - India
- Maheswari Brothers Coal Limited - India
- LBH Netherlands Bv - Netherlands
- Planning Commission, India
- Cement Manufacturers Association - India
- Indian Oil Corporation Limited
- Toyota Tsusho Corporation, Japan
- Rio Tinto Coal - Australia
- Billiton Holdings Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
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- ICICI Bank Limited - India
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- Bulk Trading Sa - Switzerland
- India Bulls Power Limited - India
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- Manunggal Multi Energi - Indonesia
- Edison Trading Spa - Italy
- Sinarmas Energy and Mining - Indonesia
- New Zealand Coal & Carbon
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- Bukit Baiduri Energy - Indonesia
- Attock Cement Pakistan Limited
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- PTC India Limited - India
- Ministry of Mines - Canada
- Bukit Makmur.PT - Indonesia
- Tamil Nadu electricity Board
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- Agrawal Coal Company - India
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- Iligan Light & Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Grasim Industreis Ltd - India
- Chamber of Mines of South Africa
- IHS Mccloskey Coal Group - USA
- Kumho Petrochemical, South Korea
- Indian Energy Exchange, India
- Straits Asia Resources Limited - Singapore
- Baramulti Group, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Posco Energy - South Korea
- Mercuria Energy - Indonesia
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- Mintek Dendrill Indonesia
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- Georgia Ports Authority, United States
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- Dalmia Cement Bharat India
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- London Commodity Brokers - England
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- Maharashtra Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
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- Global Coal Blending Company Limited - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Indonesian Coal Mining Association
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- The Treasury - Australian Government
- Salva Resources Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- ASAPP Information Group - India
- Electricity Authority, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Karbindo Abesyapradhi - Indoneisa
- MS Steel International - UAE
- PNOC Exploration Corporation - Philippines
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- Port Waratah Coal Services - Australia
- Global Green Power PLC Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ind-Barath Power Infra Limited - India
- Mjunction Services Limited - India
- Energy Link Ltd, New Zealand
- Larsen & Toubro Limited - India
- Singapore Mercantile Exchange
- Videocon Industries ltd - India
- SMC Global Power, Philippines
- Coal and Oil Company - UAE
- European Bulk Services B.V. - Netherlands
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- Coalindo Energy - Indonesia
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- Directorate Of Revenue Intelligence - India
- The University of Queensland
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- White Energy Company Limited
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- GAC Shipping (India) Pvt Ltd
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- Siam City Cement PLC, Thailand
- Vedanta Resources Plc - India
- Renaissance Capital - South Africa
- Anglo American - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- Independent Power Producers Association of India
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- Australian Coal Association
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- Australian Commodity Traders Exchange
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- IEA Clean Coal Centre - UK
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- Africa Commodities Group - South Africa
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