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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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- Wood Mackenzie - Singapore
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- South Luzon Thermal Energy Corporation
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- Indika Energy - Indonesia
- Wilmar Investment Holdings
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- Petron Corporation, Philippines
- Electricity Authority, New Zealand
- Bangladesh Power Developement Board
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- Larsen & Toubro Limited - India
- Global Green Power PLC Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
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- GVK Power & Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Australian Coal Association
- Barasentosa Lestari - Indonesia
- Ambuja Cements Ltd - India
- SMG Consultants - Indonesia
- Bulk Trading Sa - Switzerland
- Power Finance Corporation Ltd., India
- Pendopo Energi Batubara - Indonesia
- European Bulk Services B.V. - Netherlands
- CIMB Investment Bank - Malaysia
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- Edison Trading Spa - Italy
- Carbofer General Trading SA - India
- GAC Shipping (India) Pvt Ltd
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- Economic Council, Georgia
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- Global Business Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Australian Commodity Traders Exchange
- Tamil Nadu electricity Board
- Directorate General of MIneral and Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Metalloyd Limited - United Kingdom
- Deloitte Consulting - India
- Timah Investasi Mineral - Indoneisa
- Bhoruka Overseas - Indonesia
- Jaiprakash Power Ventures ltd
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- Planning Commission, India
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- Parry Sugars Refinery, India
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- Ceylon Electricity Board - Sri Lanka
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- Simpson Spence & Young - Indonesia
- Central Java Power - Indonesia
- Oldendorff Carriers - Singapore
- IHS Mccloskey Coal Group - USA
- The Treasury - Australian Government
- SN Aboitiz Power Inc, Philippines
- Vedanta Resources Plc - India
- Africa Commodities Group - South Africa
- Sree Jayajothi Cements Limited - India
- Merrill Lynch Commodities Europe
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- Coal and Oil Company - UAE
- Mintek Dendrill Indonesia
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- Bayan Resources Tbk. - Indonesia
- Orica Australia Pty. Ltd.
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- Eastern Coal Council - USA
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- ICICI Bank Limited - India
- Electricity Generating Authority of Thailand
- Siam City Cement PLC, Thailand
- Tata Chemicals Ltd - India
- Posco Energy - South Korea
- Semirara Mining Corp, Philippines
- Meralco Power Generation, Philippines
- Energy Development Corp, Philippines
- Price Waterhouse Coopers - Russia
- Minerals Council of Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement - Thailand
- Banpu Public Company Limited - Thailand
- Ministry of Finance - Indonesia
- International Coal Ventures Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
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- The State Trading Corporation of India Ltd
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- Videocon Industries ltd - India
- Alfred C Toepfer International GmbH - Germany
- Sarangani Energy Corporation, Philippines
- Malabar Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Goldman Sachs - Singapore
- Binh Thuan Hamico - Vietnam
- Intertek Mineral Services - Indonesia
- Ministry of Mines - Canada
- PTC India Limited - India
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- Therma Luzon, Inc, Philippines
- SMC Global Power, Philippines
- Bhushan Steel Limited - India
- Interocean Group of Companies - India
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- Indogreen Group - Indonesia
- Iligan Light & Power Inc, Philippines
- IEA Clean Coal Centre - UK
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- Star Paper Mills Limited - India
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- Billiton Holdings Pty Ltd - Australia
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- Meenaskhi Energy Private Limited - India
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- Thiess Contractors Indonesia
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Chamber of Mines of South Africa
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- Romanian Commodities Exchange
- The University of Queensland
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- Energy Link Ltd, New Zealand
- Indian Oil Corporation Limited
- Indo Tambangraya Megah - Indonesia
- Standard Chartered Bank - UAE
- Mjunction Services Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Sojitz Corporation - Japan
- Karbindo Abesyapradhi - Indoneisa
- Samtan Co., Ltd - South Korea
- White Energy Company Limited
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