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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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- Semirara Mining and Power Corporation, Philippines
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- PTC India Limited - India
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- Essar Steel Hazira Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Altura Mining Limited, Indonesia
- Medco Energi Mining Internasional
- Interocean Group of Companies - India
- Holcim Trading Pte Ltd - Singapore
- Australian Commodity Traders Exchange
- Minerals Council of Australia
- MS Steel International - UAE
- Savvy Resources Ltd - HongKong
- Pendopo Energi Batubara - Indonesia
- Indian Energy Exchange, India
- Makarim & Taira - Indonesia
- Sindya Power Generating Company Private Ltd
- Sical Logistics Limited - India
- PNOC Exploration Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
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- Chamber of Mines of South Africa
- Trasteel International SA, Italy
- SMC Global Power, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Bukit Makmur.PT - Indonesia
- Madhucon Powers Ltd - India
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- Semirara Mining Corp, Philippines
- The State Trading Corporation of India Ltd
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- Kartika Selabumi Mining - Indonesia
- Mintek Dendrill Indonesia
- Alfred C Toepfer International GmbH - Germany
- Port Waratah Coal Services - Australia
- PowerSource Philippines DevCo
- CIMB Investment Bank - Malaysia
- Straits Asia Resources Limited - Singapore
- TeaM Sual Corporation - Philippines
- Parliament of New Zealand
- Coastal Gujarat Power Limited - India
- Rashtriya Ispat Nigam Limited - India
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- Sarangani Energy Corporation, Philippines
- Mjunction Services Limited - India
- Grasim Industreis Ltd - India
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- Siam City Cement PLC, Thailand
- Marubeni Corporation - India
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- IEA Clean Coal Centre - UK
- Ministry of Finance - Indonesia
- Indika Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Edison Trading Spa - Italy
- Coal and Oil Company - UAE
- Petron Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Bhushan Steel Limited - India
- Videocon Industries ltd - India
- Posco Energy - South Korea
- Parry Sugars Refinery, India
- Intertek Mineral Services - Indonesia
- Banpu Public Company Limited - Thailand
- Toyota Tsusho Corporation, Japan
- Standard Chartered Bank - UAE
- Metalloyd Limited - United Kingdom
- Antam Resourcindo - Indonesia
- Tata Chemicals Ltd - India
- Wood Mackenzie - Singapore
- Vedanta Resources Plc - India
- Formosa Plastics Group - Taiwan
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- AsiaOL BioFuels Corp., Philippines
- Anglo American - United Kingdom
- Directorate Of Revenue Intelligence - India
- GAC Shipping (India) Pvt Ltd
- Africa Commodities Group - South Africa
- VISA Power Limited - India
- IHS Mccloskey Coal Group - USA
- Merrill Lynch Commodities Europe
- The Treasury - Australian Government
- SMG Consultants - Indonesia
- Central Electricity Authority - India
- Ministry of Mines - Canada
- Directorate General of MIneral and Coal - Indonesia
- Latin American Coal - Colombia
- Indogreen Group - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Global Coal Blending Company Limited - Australia
- Sree Jayajothi Cements Limited - India
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- The University of Queensland
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- Kepco SPC Power Corporation, Philippines
- Commonwealth Bank - Australia
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- Renaissance Capital - South Africa
- Ind-Barath Power Infra Limited - India
- Electricity Authority, New Zealand
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- Electricity Generating Authority of Thailand
- Coalindo Energy - Indonesia
- Thai Mozambique Logistica
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- Xindia Steels Limited - India
- Singapore Mercantile Exchange
- Ambuja Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Therma Luzon, Inc, Philippines
- McConnell Dowell - Australia
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- Economic Council, Georgia
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- Bulk Trading Sa - Switzerland
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- Mercuria Energy - Indonesia
- European Bulk Services B.V. - Netherlands
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- Cigading International Bulk Terminal - Indonesia
- Attock Cement Pakistan Limited
- India Bulls Power Limited - India
- Georgia Ports Authority, United States
- Ministry of Transport, Egypt
- Bhatia International Limited - India
- Eastern Energy - Thailand
- Kobexindo Tractors - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
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