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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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- Bukit Asam (Persero) Tbk - Indonesia
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- Bhushan Steel Limited - India
- Sical Logistics Limited - India
- Edison Trading Spa - Italy
- Ind-Barath Power Infra Limited - India
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- India Bulls Power Limited - India
- Electricity Generating Authority of Thailand
- Central Java Power - Indonesia
- CNBM International Corporation - China
- Cigading International Bulk Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Sakthi Sugars Limited - India
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining Corp, Philippines
- Therma Luzon, Inc, Philippines
- McConnell Dowell - Australia
- Simpson Spence & Young - Indonesia
- PNOC Exploration Corporation - Philippines
- Wilmar Investment Holdings
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- Orica Australia Pty. Ltd.
- European Bulk Services B.V. - Netherlands
- Larsen & Toubro Limited - India
- Energy Link Ltd, New Zealand
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- Petron Corporation, Philippines
- Indonesian Coal Mining Association
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- TNB Fuel Sdn Bhd - Malaysia
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- Jorong Barutama Greston.PT - Indonesia
- TeaM Sual Corporation - Philippines
- Bhatia International Limited - India
- Tata Chemicals Ltd - India
- Orica Mining Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kartika Selabumi Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Standard Chartered Bank - UAE
- Australian Commodity Traders Exchange
- International Coal Ventures Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Goldman Sachs - Singapore
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- Independent Power Producers Association of India
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- LBH Netherlands Bv - Netherlands
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- Sarangani Energy Corporation, Philippines
- Marubeni Corporation - India
- Savvy Resources Ltd - HongKong
- Tamil Nadu electricity Board
- Bangladesh Power Developement Board
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- Bhoruka Overseas - Indonesia
- Parliament of New Zealand
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- Sinarmas Energy and Mining - Indonesia
- SMG Consultants - Indonesia
- ICICI Bank Limited - India
- Toyota Tsusho Corporation, Japan
- Indika Energy - Indonesia
- Indian Oil Corporation Limited
- Oldendorff Carriers - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Power Finance Corporation Ltd., India
- Straits Asia Resources Limited - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Xindia Steels Limited - India
- IHS Mccloskey Coal Group - USA
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- Latin American Coal - Colombia
- GAC Shipping (India) Pvt Ltd
- The University of Queensland
- Cement Manufacturers Association - India
- Uttam Galva Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Indogreen Group - Indonesia
- Gujarat Sidhee Cement - India
- Lanco Infratech Ltd - India
- Planning Commission, India
- Deloitte Consulting - India
- IEA Clean Coal Centre - UK
- Billiton Holdings Pty Ltd - Australia
- Sojitz Corporation - Japan
- Indian Energy Exchange, India
- Chamber of Mines of South Africa
- Posco Energy - South Korea
- Metalloyd Limited - United Kingdom
- Thiess Contractors Indonesia
- PTC India Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
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- Kohat Cement Company Ltd. - Pakistan
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- Singapore Mercantile Exchange
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- Miang Besar Coal Terminal - Indonesia
- Riau Bara Harum - Indonesia
- Madhucon Powers Ltd - India
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- Rio Tinto Coal - Australia
- Banpu Public Company Limited - Thailand
- Ambuja Cements Ltd - India
- Australian Coal Association
- Coal and Oil Company - UAE
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- The State Trading Corporation of India Ltd
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- Intertek Mineral Services - Indonesia
- Ministry of Transport, Egypt
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- Aboitiz Power Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- ASAPP Information Group - India
- Kapuas Tunggal Persada - Indonesia
- Indo Tambangraya Megah - Indonesia
- Vizag Seaport Private Limited - India
- Central Electricity Authority - India
- Thai Mozambique Logistica
- Ministry of Finance - Indonesia
- The Treasury - Australian Government
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- Siam City Cement PLC, Thailand
- GVK Power & Infra Limited - India
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- Price Waterhouse Coopers - Russia
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- Economic Council, Georgia
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- Attock Cement Pakistan Limited
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- SMC Global Power, Philippines
- Commonwealth Bank - Australia
- Makarim & Taira - Indonesia
- Ministry of Mines - Canada
- Salva Resources Pvt Ltd - India
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