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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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- Iligan Light & Power Inc, Philippines
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- Asmin Koalindo Tuhup - Indonesia
- Indian Oil Corporation Limited
- Bhushan Steel Limited - India
- Romanian Commodities Exchange
- Bangladesh Power Developement Board
- Straits Asia Resources Limited - Singapore
- Bhoruka Overseas - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Sical Logistics Limited - India
- Aboitiz Power Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Siam City Cement PLC, Thailand
- Bukit Baiduri Energy - Indonesia
- Mercator Lines Limited - India
- Planning Commission, India
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- Gujarat Mineral Development Corp Ltd - India
- Intertek Mineral Services - Indonesia
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- Pipit Mutiara Jaya. PT, Indonesia
- Independent Power Producers Association of India
- Kalimantan Lumbung Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CNBM International Corporation - China
- Electricity Authority, New Zealand
- SMG Consultants - Indonesia
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- London Commodity Brokers - England
- ICICI Bank Limited - India
- Edison Trading Spa - Italy
- Samtan Co., Ltd - South Korea
- Antam Resourcindo - Indonesia
- Africa Commodities Group - South Africa
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- Ministry of Transport, Egypt
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- Power Finance Corporation Ltd., India
- VISA Power Limited - India
- Global Coal Blending Company Limited - Australia
- Leighton Contractors Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- PowerSource Philippines DevCo
- TNB Fuel Sdn Bhd - Malaysia
- Anglo American - United Kingdom
- The Treasury - Australian Government
- Central Java Power - Indonesia
- Madhucon Powers Ltd - India
- IEA Clean Coal Centre - UK
- Sinarmas Energy and Mining - Indonesia
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- White Energy Company Limited
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- Energy Link Ltd, New Zealand
- TeaM Sual Corporation - Philippines
- Chamber of Mines of South Africa
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- MS Steel International - UAE
- Indo Tambangraya Megah - Indonesia
- Indian Energy Exchange, India
- Alfred C Toepfer International GmbH - Germany
- Bukit Makmur.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
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- Deloitte Consulting - India
- Bhatia International Limited - India
- Sindya Power Generating Company Private Ltd
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- Singapore Mercantile Exchange
- Coal and Oil Company - UAE
- International Coal Ventures Pvt Ltd - India
- Sojitz Corporation - Japan
- Sree Jayajothi Cements Limited - India
- Mjunction Services Limited - India
- Star Paper Mills Limited - India
- Billiton Holdings Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Miang Besar Coal Terminal - Indonesia
- New Zealand Coal & Carbon
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- Kumho Petrochemical, South Korea
- Australian Coal Association
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- SMC Global Power, Philippines
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- Cigading International Bulk Terminal - Indonesia
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- Medco Energi Mining Internasional
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- Goldman Sachs - Singapore
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- Uttam Galva Steels Limited - India
- Baramulti Group, Indonesia
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- Minerals Council of Australia
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- Directorate General of MIneral and Coal - Indonesia
- Parry Sugars Refinery, India
- IHS Mccloskey Coal Group - USA
- Siam City Cement - Thailand
- Formosa Plastics Group - Taiwan
- Parliament of New Zealand
- Latin American Coal - Colombia
- Marubeni Corporation - India
- Maheswari Brothers Coal Limited - India
- McConnell Dowell - Australia
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- Directorate Of Revenue Intelligence - India
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- Price Waterhouse Coopers - Russia
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- Larsen & Toubro Limited - India
- European Bulk Services B.V. - Netherlands
- Salva Resources Pvt Ltd - India
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- Thiess Contractors Indonesia
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- Kideco Jaya Agung - Indonesia
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- GAC Shipping (India) Pvt Ltd
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- Commonwealth Bank - Australia
- Neyveli Lignite Corporation Ltd, - India
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- Central Electricity Authority - India
- Ministry of Finance - Indonesia
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- GMR Energy Limited - India
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- Standard Chartered Bank - UAE
- Trasteel International SA, Italy
- Tamil Nadu electricity Board
- Merrill Lynch Commodities Europe
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- Indonesian Coal Mining Association
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- Economic Council, Georgia
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- Interocean Group of Companies - India
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- The State Trading Corporation of India Ltd
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