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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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- Sinarmas Energy and Mining - Indonesia
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- MS Steel International - UAE
- The State Trading Corporation of India Ltd
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- Sojitz Corporation - Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Ind-Barath Power Infra Limited - India
- Bangladesh Power Developement Board
- Ceylon Electricity Board - Sri Lanka
- Karbindo Abesyapradhi - Indoneisa
- Australian Commodity Traders Exchange
- Grasim Industreis Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Bukit Baiduri Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- European Bulk Services B.V. - Netherlands
- Karaikal Port Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Indonesian Coal Mining Association
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- Power Finance Corporation Ltd., India
- Altura Mining Limited, Indonesia
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- Renaissance Capital - South Africa
- Latin American Coal - Colombia
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
- Posco Energy - South Korea
- Maheswari Brothers Coal Limited - India
- Standard Chartered Bank - UAE
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- Indogreen Group - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Iligan Light & Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Antam Resourcindo - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement - Thailand
- Kaltim Prima Coal - Indonesia
- Ministry of Finance - Indonesia
- Chamber of Mines of South Africa
- Wood Mackenzie - Singapore
- TeaM Sual Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Directorate General of MIneral and Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Coal and Oil Company - UAE
- The Treasury - Australian Government
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- Barasentosa Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- San Jose City I Power Corp, Philippines
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- Eastern Coal Council - USA
- Alfred C Toepfer International GmbH - Germany
- PNOC Exploration Corporation - Philippines
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- Kohat Cement Company Ltd. - Pakistan
- Global Green Power PLC Corporation, Philippines
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- International Coal Ventures Pvt Ltd - India
- Electricity Authority, New Zealand
- Indian Oil Corporation Limited
- Semirara Mining and Power Corporation, Philippines
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- Economic Council, Georgia
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- Parliament of New Zealand
- Thiess Contractors Indonesia
- Thai Mozambique Logistica
- Mjunction Services Limited - India
- Mercuria Energy - Indonesia
- Commonwealth Bank - Australia
- GAC Shipping (India) Pvt Ltd
- Energy Development Corp, Philippines
- Tata Chemicals Ltd - India
- Semirara Mining Corp, Philippines
- Global Business Power Corporation, Philippines
- Coalindo Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Toyota Tsusho Corporation, Japan
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- Heidelberg Cement - Germany
- The University of Queensland
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- Gujarat Sidhee Cement - India
- Jindal Steel & Power Ltd - India
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- Trasteel International SA, Italy
- White Energy Company Limited
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- Samtan Co., Ltd - South Korea
- Minerals Council of Australia
- Chettinad Cement Corporation Ltd - India
- Bulk Trading Sa - Switzerland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Essar Steel Hazira Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Vedanta Resources Plc - India
- London Commodity Brokers - England
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- SMC Global Power, Philippines
- Africa Commodities Group - South Africa
- Singapore Mercantile Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Xindia Steels Limited - India
- Petron Corporation, Philippines
- Romanian Commodities Exchange
- India Bulls Power Limited - India
- Agrawal Coal Company - India
- Marubeni Corporation - India
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- Meralco Power Generation, Philippines
- Central Electricity Authority - India
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- Directorate Of Revenue Intelligence - India
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- Attock Cement Pakistan Limited
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- Uttam Galva Steels Limited - India
- Edison Trading Spa - Italy
- Port Waratah Coal Services - Australia
- Manunggal Multi Energi - Indonesia
- Larsen & Toubro Limited - India
- Australian Coal Association
- Metalloyd Limited - United Kingdom
- Merrill Lynch Commodities Europe
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- Baramulti Group, Indonesia
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- Tamil Nadu electricity Board
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- Indo Tambangraya Megah - Indonesia
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- Energy Link Ltd, New Zealand
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