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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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- Mercuria Energy - Indonesia
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- Posco Energy - South Korea
- Agrawal Coal Company - India
- Romanian Commodities Exchange
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- Tata Chemicals Ltd - India
- Cement Manufacturers Association - India
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- PowerSource Philippines DevCo
- Dalmia Cement Bharat India
- Sarangani Energy Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Independent Power Producers Association of India
- Ambuja Cements Ltd - India
- Parliament of New Zealand
- Indonesian Coal Mining Association
- Parry Sugars Refinery, India
- The University of Queensland
- Wood Mackenzie - Singapore
- Sree Jayajothi Cements Limited - India
- European Bulk Services B.V. - Netherlands
- New Zealand Coal & Carbon
- Price Waterhouse Coopers - Russia
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- Kapuas Tunggal Persada - Indonesia
- Aditya Birla Group - India
- Kalimantan Lumbung Energi - Indonesia
- Sojitz Corporation - Japan
- Gujarat Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- IHS Mccloskey Coal Group - USA
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- Bahari Cakrawala Sebuku - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
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- Heidelberg Cement - Germany
- Ministry of Transport, Egypt
- GVK Power & Infra Limited - India
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- Coalindo Energy - Indonesia
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- Therma Luzon, Inc, Philippines
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- Merrill Lynch Commodities Europe
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- Bhatia International Limited - India
- Larsen & Toubro Limited - India
- Bhushan Steel Limited - India
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- Central Java Power - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Miang Besar Coal Terminal - Indonesia
- Riau Bara Harum - Indonesia
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- VISA Power Limited - India
- Singapore Mercantile Exchange
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- Global Business Power Corporation, Philippines
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- Ind-Barath Power Infra Limited - India
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- Electricity Generating Authority of Thailand
- Metalloyd Limited - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Central Electricity Authority - India
- Orica Mining Services - Indonesia
- Wilmar Investment Holdings
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- Chamber of Mines of South Africa
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- Asmin Koalindo Tuhup - Indonesia
- International Coal Ventures Pvt Ltd - India
- Goldman Sachs - Singapore
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- Ministry of Finance - Indonesia
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- Indian Energy Exchange, India
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- Sakthi Sugars Limited - India
- Makarim & Taira - Indonesia
- Formosa Plastics Group - Taiwan
- Toyota Tsusho Corporation, Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Straits Asia Resources Limited - Singapore
- Directorate General of MIneral and Coal - Indonesia
- India Bulls Power Limited - India
- Bangladesh Power Developement Board
- Eastern Coal Council - USA
- Africa Commodities Group - South Africa
- London Commodity Brokers - England
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Makmur.PT - Indonesia
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- Holcim Trading Pte Ltd - Singapore
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- Global Coal Blending Company Limited - Australia
- The Treasury - Australian Government
- McConnell Dowell - Australia
- Planning Commission, India
- SMC Global Power, Philippines
- Star Paper Mills Limited - India
- Minerals Council of Australia
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- Indogreen Group - Indonesia
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- Economic Council, Georgia
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- Simpson Spence & Young - Indonesia
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- Deloitte Consulting - India
- Interocean Group of Companies - India
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- CNBM International Corporation - China
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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