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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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- Indo Tambangraya Megah - Indonesia
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- International Coal Ventures Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Interocean Group of Companies - India
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- Altura Mining Limited, Indonesia
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- Planning Commission, India
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- Australian Coal Association
- Riau Bara Harum - Indonesia
- McConnell Dowell - Australia
- Eastern Energy - Thailand
- Indian Energy Exchange, India
- Toyota Tsusho Corporation, Japan
- Makarim & Taira - Indonesia
- Tata Chemicals Ltd - India
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- Formosa Plastics Group - Taiwan
- Timah Investasi Mineral - Indoneisa
- Eastern Coal Council - USA
- VISA Power Limited - India
- PTC India Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- India Bulls Power Limited - India
- Ambuja Cements Ltd - India
- Electricity Authority, New Zealand
- Coal and Oil Company - UAE
- GVK Power & Infra Limited - India
- Kumho Petrochemical, South Korea
- Aditya Birla Group - India
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- Gujarat Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- Tamil Nadu electricity Board
- TNB Fuel Sdn Bhd - Malaysia
- Posco Energy - South Korea
- Bulk Trading Sa - Switzerland
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- Economic Council, Georgia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Port Waratah Coal Services - Australia
- Alfred C Toepfer International GmbH - Germany
- OPG Power Generation Pvt Ltd - India
- Bhushan Steel Limited - India
- Maheswari Brothers Coal Limited - India
- Straits Asia Resources Limited - Singapore
- Georgia Ports Authority, United States
- Trasteel International SA, Italy
- Sree Jayajothi Cements Limited - India
- GMR Energy Limited - India
- Bukit Makmur.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Kideco Jaya Agung - Indonesia
- Energy Link Ltd, New Zealand
- Goldman Sachs - Singapore
- Xindia Steels Limited - India
- Central Electricity Authority - India
- Holcim Trading Pte Ltd - Singapore
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- Star Paper Mills Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Deloitte Consulting - India
- Chamber of Mines of South Africa
- Medco Energi Mining Internasional
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- Bayan Resources Tbk. - Indonesia
- Madhucon Powers Ltd - India
- Australian Commodity Traders Exchange
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- Global Business Power Corporation, Philippines
- The State Trading Corporation of India Ltd
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- Ind-Barath Power Infra Limited - India
- CNBM International Corporation - China
- Wood Mackenzie - Singapore
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- Larsen & Toubro Limited - India
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- Essar Steel Hazira Ltd - India
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- Electricity Generating Authority of Thailand
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- Miang Besar Coal Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
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- Agrawal Coal Company - India
- Directorate General of MIneral and Coal - Indonesia
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- Coastal Gujarat Power Limited - India
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- Petrochimia International Co. Ltd.- Taiwan
- Metalloyd Limited - United Kingdom
- Ministry of Mines - Canada
- Jindal Steel & Power Ltd - India
- Kobexindo Tractors - Indoneisa
- Bharathi Cement Corporation - India
- Romanian Commodities Exchange
- The University of Queensland
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- Energy Development Corp, Philippines
- Orica Australia Pty. Ltd.
- White Energy Company Limited
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- Mintek Dendrill Indonesia
- Lanco Infratech Ltd - India
- Heidelberg Cement - Germany
- Chettinad Cement Corporation Ltd - India
- IHS Mccloskey Coal Group - USA
- Indonesian Coal Mining Association
- Rio Tinto Coal - Australia
- Bukit Baiduri Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate Of Revenue Intelligence - India
- Bhoruka Overseas - Indonesia
- IEA Clean Coal Centre - UK
- London Commodity Brokers - England
- Karbindo Abesyapradhi - Indoneisa
- Videocon Industries ltd - India
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- Kaltim Prima Coal - Indonesia
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- Parliament of New Zealand
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- Mercuria Energy - Indonesia
- Africa Commodities Group - South Africa
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- Vizag Seaport Private Limited - India
- Simpson Spence & Young - Indonesia
- Anglo American - United Kingdom
- Cement Manufacturers Association - India
- Thiess Contractors Indonesia
- Ceylon Electricity Board - Sri Lanka
- Gujarat Sidhee Cement - India
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- The Treasury - Australian Government
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