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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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- Energy Development Corp, Philippines
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- Alfred C Toepfer International GmbH - Germany
- Economic Council, Georgia
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- Australian Commodity Traders Exchange
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- Global Green Power PLC Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Indogreen Group - Indonesia
- ASAPP Information Group - India
- Bayan Resources Tbk. - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Edison Trading Spa - Italy
- Indika Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Latin American Coal - Colombia
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- Miang Besar Coal Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Meralco Power Generation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Africa Commodities Group - South Africa
- Indonesian Coal Mining Association
- Karaikal Port Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
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- Directorate General of MIneral and Coal - Indonesia
- Deloitte Consulting - India
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- Minerals Council of Australia
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- Power Finance Corporation Ltd., India
- White Energy Company Limited
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- Barasentosa Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- Anglo American - United Kingdom
- Thiess Contractors Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Baiduri Energy - Indonesia
- Antam Resourcindo - Indonesia
- Bangladesh Power Developement Board
- The University of Queensland
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- Australian Coal Association
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- Wilmar Investment Holdings
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- Global Coal Blending Company Limited - Australia
- Ceylon Electricity Board - Sri Lanka
- Romanian Commodities Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Mintek Dendrill Indonesia
- Bulk Trading Sa - Switzerland
- Bahari Cakrawala Sebuku - Indonesia
- San Jose City I Power Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Kobexindo Tractors - Indoneisa
- Eastern Energy - Thailand
- India Bulls Power Limited - India
- Parliament of New Zealand
- PTC India Limited - India
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- Price Waterhouse Coopers - Russia
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- Orica Australia Pty. Ltd.
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- Metalloyd Limited - United Kingdom
- Singapore Mercantile Exchange
- Parry Sugars Refinery, India
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- Dalmia Cement Bharat India
- Malabar Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- Intertek Mineral Services - Indonesia
- VISA Power Limited - India
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- Videocon Industries ltd - India
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- Semirara Mining Corp, Philippines
- Planning Commission, India
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- Kumho Petrochemical, South Korea
- Lanco Infratech Ltd - India
- Star Paper Mills Limited - India
- IEA Clean Coal Centre - UK
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- Rio Tinto Coal - Australia
- Interocean Group of Companies - India
- Renaissance Capital - South Africa
- GVK Power & Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Toyota Tsusho Corporation, Japan
- Standard Chartered Bank - UAE
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- Ministry of Mines - Canada
- Cement Manufacturers Association - India
- Electricity Authority, New Zealand
- Riau Bara Harum - Indonesia
- Indian Oil Corporation Limited
- Energy Link Ltd, New Zealand
- Georgia Ports Authority, United States
- Directorate Of Revenue Intelligence - India
- Sindya Power Generating Company Private Ltd
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Electricity Generating Authority of Thailand
- Merrill Lynch Commodities Europe
- The State Trading Corporation of India Ltd
- Simpson Spence & Young - Indonesia
- Chamber of Mines of South Africa
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- Agrawal Coal Company - India
- Kartika Selabumi Mining - Indonesia
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- Leighton Contractors Pty Ltd - Australia
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- Wood Mackenzie - Singapore
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- Bhoruka Overseas - Indonesia
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- Samtan Co., Ltd - South Korea
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- Billiton Holdings Pty Ltd - Australia
- Goldman Sachs - Singapore
- Holcim Trading Pte Ltd - Singapore
- PetroVietnam Power Coal Import and Supply Company
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- SMG Consultants - Indonesia
- Heidelberg Cement - Germany
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- Attock Cement Pakistan Limited
- Tamil Nadu electricity Board
- Commonwealth Bank - Australia
- London Commodity Brokers - England
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