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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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- Karaikal Port Pvt Ltd - India
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- Bhatia International Limited - India
- Manunggal Multi Energi - Indonesia
- Sojitz Corporation - Japan
- Commonwealth Bank - Australia
- Xindia Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Commodity Traders Exchange
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- VISA Power Limited - India
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- Power Finance Corporation Ltd., India
- Bharathi Cement Corporation - India
- Renaissance Capital - South Africa
- Uttam Galva Steels Limited - India
- ICICI Bank Limited - India
- Sinarmas Energy and Mining - Indonesia
- Interocean Group of Companies - India
- Parliament of New Zealand
- Indian Energy Exchange, India
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- Gujarat Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Thiess Contractors Indonesia
- The University of Queensland
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- The State Trading Corporation of India Ltd
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- Indika Energy - Indonesia
- India Bulls Power Limited - India
- Mercator Lines Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Wood Mackenzie - Singapore
- Timah Investasi Mineral - Indoneisa
- The Treasury - Australian Government
- Larsen & Toubro Limited - India
- Videocon Industries ltd - India
- Australian Coal Association
- Sree Jayajothi Cements Limited - India
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- Mintek Dendrill Indonesia
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- Africa Commodities Group - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meralco Power Generation, Philippines
- Thai Mozambique Logistica
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- Eastern Energy - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Chettinad Cement Corporation Ltd - India
- Planning Commission, India
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- Makarim & Taira - Indonesia
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- SMG Consultants - Indonesia
- Price Waterhouse Coopers - Russia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Minerals Council of Australia
- Banpu Public Company Limited - Thailand
- Aditya Birla Group - India
- Georgia Ports Authority, United States
- Dalmia Cement Bharat India
- Eastern Coal Council - USA
- Edison Trading Spa - Italy
- Samtan Co., Ltd - South Korea
- Maharashtra Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- Barasentosa Lestari - Indonesia
- OPG Power Generation Pvt Ltd - India
- IEA Clean Coal Centre - UK
- European Bulk Services B.V. - Netherlands
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- Metalloyd Limited - United Kingdom
- Tamil Nadu electricity Board
- Ministry of Mines - Canada
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- Mjunction Services Limited - India
- New Zealand Coal & Carbon
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- Port Waratah Coal Services - Australia
- Siam City Cement PLC, Thailand
- Binh Thuan Hamico - Vietnam
- Iligan Light & Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
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- Economic Council, Georgia
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- Electricity Authority, New Zealand
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- Merrill Lynch Commodities Europe
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- Wilmar Investment Holdings
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- Kalimantan Lumbung Energi - Indonesia
- Chamber of Mines of South Africa
- MS Steel International - UAE
- Central Electricity Authority - India
- Deloitte Consulting - India
- Mercuria Energy - Indonesia
- Vizag Seaport Private Limited - India
- Ministry of Finance - Indonesia
- Bangladesh Power Developement Board
- SMC Global Power, Philippines
- Therma Luzon, Inc, Philippines
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- TNB Fuel Sdn Bhd - Malaysia
- Energy Development Corp, Philippines
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- Trasteel International SA, Italy
- Goldman Sachs - Singapore
- Globalindo Alam Lestari - Indonesia
- Indonesian Coal Mining Association
- Orica Australia Pty. Ltd.
- Singapore Mercantile Exchange
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- Vedanta Resources Plc - India
- Heidelberg Cement - Germany
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- SN Aboitiz Power Inc, Philippines
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- PowerSource Philippines DevCo
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- Ceylon Electricity Board - Sri Lanka
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- Bukit Makmur.PT - Indonesia
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- Ambuja Cements Ltd - India
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