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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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- India Bulls Power Limited - India
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- Directorate Of Revenue Intelligence - India
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Transport, Egypt
- Indika Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- Eastern Energy - Thailand
- Medco Energi Mining Internasional
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- Ministry of Finance - Indonesia
- Kumho Petrochemical, South Korea
- San Jose City I Power Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Manunggal Multi Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
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- Jorong Barutama Greston.PT - Indonesia
- Therma Luzon, Inc, Philippines
- Indogreen Group - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- Kalimantan Lumbung Energi - Indonesia
- Electricity Generating Authority of Thailand
- Riau Bara Harum - Indonesia
- Commonwealth Bank - Australia
- Port Waratah Coal Services - Australia
- Romanian Commodities Exchange
- IEA Clean Coal Centre - UK
- PNOC Exploration Corporation - Philippines
- Antam Resourcindo - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Neyveli Lignite Corporation Ltd, - India
- GAC Shipping (India) Pvt Ltd
- Ministry of Mines - Canada
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- Merrill Lynch Commodities Europe
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- Deloitte Consulting - India
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- Australian Coal Association
- Independent Power Producers Association of India
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- Mintek Dendrill Indonesia
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- Rio Tinto Coal - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coastal Gujarat Power Limited - India
- ICICI Bank Limited - India
- Planning Commission, India
- Edison Trading Spa - Italy
- London Commodity Brokers - England
- Jaiprakash Power Ventures ltd
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- Cement Manufacturers Association - India
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- Petron Corporation, Philippines
- Orica Australia Pty. Ltd.
- Indonesian Coal Mining Association
- European Bulk Services B.V. - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Dalmia Cement Bharat India
- Directorate General of MIneral and Coal - Indonesia
- Indian Energy Exchange, India
- Price Waterhouse Coopers - Russia
- The Treasury - Australian Government
- Kohat Cement Company Ltd. - Pakistan
- Latin American Coal - Colombia
- Altura Mining Limited, Indonesia
- Jindal Steel & Power Ltd - India
- Sojitz Corporation - Japan
- Madhucon Powers Ltd - India
- Goldman Sachs - Singapore
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- Agrawal Coal Company - India
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- Intertek Mineral Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercator Lines Limited - India
- Oldendorff Carriers - Singapore
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- Sree Jayajothi Cements Limited - India
- Makarim & Taira - Indonesia
- Africa Commodities Group - South Africa
- Mercuria Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Trasteel International SA, Italy
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Standard Chartered Bank - UAE
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- Pipit Mutiara Jaya. PT, Indonesia
- Mjunction Services Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- Minerals Council of Australia
- Central Electricity Authority - India
- Energy Link Ltd, New Zealand
- Savvy Resources Ltd - HongKong
- Eastern Coal Council - USA
- IHS Mccloskey Coal Group - USA
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- Sakthi Sugars Limited - India
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- Thiess Contractors Indonesia
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- Power Finance Corporation Ltd., India
- Coalindo Energy - Indonesia
- Formosa Plastics Group - Taiwan
- The University of Queensland
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- Sinarmas Energy and Mining - Indonesia
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- Ceylon Electricity Board - Sri Lanka
- Wilmar Investment Holdings
- Parliament of New Zealand
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- Economic Council, Georgia
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- Straits Asia Resources Limited - Singapore
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- Bulk Trading Sa - Switzerland
- SN Aboitiz Power Inc, Philippines
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- Videocon Industries ltd - India
- LBH Netherlands Bv - Netherlands
- Simpson Spence & Young - Indonesia
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