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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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- Siam City Cement PLC, Thailand
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- India Bulls Power Limited - India
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- Kapuas Tunggal Persada - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bhoruka Overseas - Indonesia
- Deloitte Consulting - India
- Merrill Lynch Commodities Europe
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- Australian Commodity Traders Exchange
- SN Aboitiz Power Inc, Philippines
- GMR Energy Limited - India
- Ministry of Mines - Canada
- Gujarat Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Eastern Coal Council - USA
- Manunggal Multi Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- SMC Global Power, Philippines
- Bangladesh Power Developement Board
- Dalmia Cement Bharat India
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- Holcim Trading Pte Ltd - Singapore
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- Global Coal Blending Company Limited - Australia
- International Coal Ventures Pvt Ltd - India
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- GN Power Mariveles Coal Plant, Philippines
- Orica Mining Services - Indonesia
- Carbofer General Trading SA - India
- Tata Chemicals Ltd - India
- Electricity Generating Authority of Thailand
- Metalloyd Limited - United Kingdom
- Straits Asia Resources Limited - Singapore
- Bulk Trading Sa - Switzerland
- Kartika Selabumi Mining - Indonesia
- Mercator Lines Limited - India
- Alfred C Toepfer International GmbH - Germany
- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
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- ICICI Bank Limited - India
- Kumho Petrochemical, South Korea
- Jindal Steel & Power Ltd - India
- Sical Logistics Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Binh Thuan Hamico - Vietnam
- Videocon Industries ltd - India
- Anglo American - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Mercuria Energy - Indonesia
- PowerSource Philippines DevCo
- Energy Link Ltd, New Zealand
- Borneo Indobara - Indonesia
- TeaM Sual Corporation - Philippines
- The Treasury - Australian Government
- Mjunction Services Limited - India
- Semirara Mining Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Coal and Oil Company - UAE
- Timah Investasi Mineral - Indoneisa
- Bhatia International Limited - India
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- Ceylon Electricity Board - Sri Lanka
- Trasteel International SA, Italy
- OPG Power Generation Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- IHS Mccloskey Coal Group - USA
- Cigading International Bulk Terminal - Indonesia
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- London Commodity Brokers - England
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- Chamber of Mines of South Africa
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- Indian Oil Corporation Limited
- The University of Queensland
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- IEA Clean Coal Centre - UK
- Meralco Power Generation, Philippines
- The State Trading Corporation of India Ltd
- Minerals Council of Australia
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- Ministry of Finance - Indonesia
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- Latin American Coal - Colombia
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- Rashtriya Ispat Nigam Limited - India
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- Edison Trading Spa - Italy
- New Zealand Coal & Carbon
- MS Steel International - UAE
- Leighton Contractors Pty Ltd - Australia
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- Central Electricity Authority - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Price Waterhouse Coopers - Russia
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- Georgia Ports Authority, United States
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- Electricity Authority, New Zealand
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