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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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- New Zealand Coal & Carbon
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- White Energy Company Limited
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Sindya Power Generating Company Private Ltd
- Global Business Power Corporation, Philippines
- SMG Consultants - Indonesia
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- Indian Oil Corporation Limited
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- Lanco Infratech Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
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- SMC Global Power, Philippines
- CNBM International Corporation - China
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- Krishnapatnam Port Company Ltd. - India
- Power Finance Corporation Ltd., India
- Attock Cement Pakistan Limited
- Sakthi Sugars Limited - India
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- Orica Australia Pty. Ltd.
- Energy Development Corp, Philippines
- Mintek Dendrill Indonesia
- Pendopo Energi Batubara - Indonesia
- Wood Mackenzie - Singapore
- Heidelberg Cement - Germany
- Bhatia International Limited - India
- Indogreen Group - Indonesia
- Medco Energi Mining Internasional
- PNOC Exploration Corporation - Philippines
- Kumho Petrochemical, South Korea
- Coastal Gujarat Power Limited - India
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- Directorate General of MIneral and Coal - Indonesia
- The University of Queensland
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- Goldman Sachs - Singapore
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- Bangladesh Power Developement Board
- Borneo Indobara - Indonesia
- Economic Council, Georgia
- Energy Link Ltd, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Standard Chartered Bank - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rio Tinto Coal - Australia
- Cement Manufacturers Association - India
- TeaM Sual Corporation - Philippines
- San Jose City I Power Corp, Philippines
- McConnell Dowell - Australia
- London Commodity Brokers - England
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- Alfred C Toepfer International GmbH - Germany
- Asmin Koalindo Tuhup - Indonesia
- Dalmia Cement Bharat India
- Bukit Baiduri Energy - Indonesia
- Altura Mining Limited, Indonesia
- Salva Resources Pvt Ltd - India
- Planning Commission, India
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- Bhoruka Overseas - Indonesia
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- Bhushan Steel Limited - India
- Australian Coal Association
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Sarangani Energy Corporation, Philippines
- Chamber of Mines of South Africa
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- Savvy Resources Ltd - HongKong
- Malabar Cements Ltd - India
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- Karaikal Port Pvt Ltd - India
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- Bharathi Cement Corporation - India
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- Sree Jayajothi Cements Limited - India
- CIMB Investment Bank - Malaysia
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- Jorong Barutama Greston.PT - Indonesia
- ASAPP Information Group - India
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- Essar Steel Hazira Ltd - India
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- Price Waterhouse Coopers - Russia
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- Star Paper Mills Limited - India
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- The State Trading Corporation of India Ltd
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- Thai Mozambique Logistica
- Karbindo Abesyapradhi - Indoneisa
- MS Steel International - UAE
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- Bukit Makmur.PT - Indonesia
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- Bulk Trading Sa - Switzerland
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- Tamil Nadu electricity Board
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- Eastern Coal Council - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Agrawal Coal Company - India
- Central Java Power - Indonesia
- Kartika Selabumi Mining - Indonesia
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- IEA Clean Coal Centre - UK
- Ceylon Electricity Board - Sri Lanka
- Mjunction Services Limited - India
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- Kaltim Prima Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Semirara Mining Corp, Philippines
- Indonesian Coal Mining Association
- Parry Sugars Refinery, India
- Siam City Cement - Thailand
- Cigading International Bulk Terminal - Indonesia
- PowerSource Philippines DevCo
- Eastern Energy - Thailand
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- Videocon Industries ltd - India
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- European Bulk Services B.V. - Netherlands
- Binh Thuan Hamico - Vietnam
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- India Bulls Power Limited - India
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- Sinarmas Energy and Mining - Indonesia
- Toyota Tsusho Corporation, Japan
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- Petron Corporation, Philippines
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- Edison Trading Spa - Italy
- Posco Energy - South Korea
- Iligan Light & Power Inc, Philippines
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- Bahari Cakrawala Sebuku - Indonesia
- GMR Energy Limited - India
- ICICI Bank Limited - India
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- Aboitiz Power Corporation - Philippines
- Electricity Generating Authority of Thailand
- Latin American Coal - Colombia
- Intertek Mineral Services - Indonesia
- Indika Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
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