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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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- Indika Energy - Indonesia
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- The Treasury - Australian Government
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- Central Java Power - Indonesia
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- Bhushan Steel Limited - India
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- Agrawal Coal Company - India
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- Eastern Coal Council - USA
- Attock Cement Pakistan Limited
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- Posco Energy - South Korea
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- Kapuas Tunggal Persada - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
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- Karbindo Abesyapradhi - Indoneisa
- Toyota Tsusho Corporation, Japan
- Samtan Co., Ltd - South Korea
- Siam City Cement - Thailand
- London Commodity Brokers - England
- Banpu Public Company Limited - Thailand
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
- European Bulk Services B.V. - Netherlands
- Aboitiz Power Corporation - Philippines
- Petron Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Rashtriya Ispat Nigam Limited - India
- PTC India Limited - India
- Heidelberg Cement - Germany
- Madhucon Powers Ltd - India
- Larsen & Toubro Limited - India
- Gujarat Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- Independent Power Producers Association of India
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- Bharathi Cement Corporation - India
- Global Coal Blending Company Limited - Australia
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- Georgia Ports Authority, United States
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- Mintek Dendrill Indonesia
- CIMB Investment Bank - Malaysia
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- TNB Fuel Sdn Bhd - Malaysia
- Orica Mining Services - Indonesia
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- Intertek Mineral Services - Indonesia
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- Price Waterhouse Coopers - Russia
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- Meralco Power Generation, Philippines
- Parliament of New Zealand
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- Ministry of Finance - Indonesia
- Sree Jayajothi Cements Limited - India
- Kepco SPC Power Corporation, Philippines
- Xindia Steels Limited - India
- ICICI Bank Limited - India
- Singapore Mercantile Exchange
- Eastern Energy - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Sical Logistics Limited - India
- Lanco Infratech Ltd - India
- Altura Mining Limited, Indonesia
- Jorong Barutama Greston.PT - Indonesia
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- Planning Commission, India
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- OPG Power Generation Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Aditya Birla Group - India
- MS Steel International - UAE
- Siam City Cement PLC, Thailand
- PowerSource Philippines DevCo
- Alfred C Toepfer International GmbH - Germany
- Ind-Barath Power Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- PetroVietnam Power Coal Import and Supply Company
- Kalimantan Lumbung Energi - Indonesia
- McConnell Dowell - Australia
- Kohat Cement Company Ltd. - Pakistan
- SMG Consultants - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Savvy Resources Ltd - HongKong
- Commonwealth Bank - Australia
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- Sindya Power Generating Company Private Ltd
- Renaissance Capital - South Africa
- Anglo American - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- IEA Clean Coal Centre - UK
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- Power Finance Corporation Ltd., India
- Indonesian Coal Mining Association
- Chamber of Mines of South Africa
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- Mercuria Energy - Indonesia
- Bhatia International Limited - India
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- Electricity Authority, New Zealand
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- Gujarat Sidhee Cement - India
- Karaikal Port Pvt Ltd - India
- The University of Queensland
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- Edison Trading Spa - Italy
- Videocon Industries ltd - India
- Indian Oil Corporation Limited
- Timah Investasi Mineral - Indoneisa
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- Bhoruka Overseas - Indonesia
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- Australian Coal Association
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- Kaltim Prima Coal - Indonesia
- VISA Power Limited - India
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- SMC Global Power, Philippines
- Bangladesh Power Developement Board
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- Tamil Nadu electricity Board
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- Parry Sugars Refinery, India
- GMR Energy Limited - India
- GAC Shipping (India) Pvt Ltd
- Meenaskhi Energy Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Goldman Sachs - Singapore
- Sakthi Sugars Limited - India
- Star Paper Mills Limited - India
- Marubeni Corporation - India
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