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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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- India Bulls Power Limited - India
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- Mintek Dendrill Indonesia
- Anglo American - United Kingdom
- Salva Resources Pvt Ltd - India
- Energy Development Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Ministry of Transport, Egypt
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- Bulk Trading Sa - Switzerland
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- Global Business Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Central Electricity Authority - India
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- The Treasury - Australian Government
- South Luzon Thermal Energy Corporation
- Jindal Steel & Power Ltd - India
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- Independent Power Producers Association of India
- Commonwealth Bank - Australia
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- IEA Clean Coal Centre - UK
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- Parliament of New Zealand
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- Karbindo Abesyapradhi - Indoneisa
- European Bulk Services B.V. - Netherlands
- Baramulti Group, Indonesia
- Dalmia Cement Bharat India
- Energy Link Ltd, New Zealand
- The University of Queensland
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- VISA Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
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- Larsen & Toubro Limited - India
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- Maheswari Brothers Coal Limited - India
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- Trasteel International SA, Italy
- Videocon Industries ltd - India
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- Ceylon Electricity Board - Sri Lanka
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- Chamber of Mines of South Africa
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- New Zealand Coal & Carbon
- LBH Netherlands Bv - Netherlands
- Posco Energy - South Korea
- Minerals Council of Australia
- Samtan Co., Ltd - South Korea
- Australian Commodity Traders Exchange
- Simpson Spence & Young - Indonesia
- Electricity Generating Authority of Thailand
- Cigading International Bulk Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- Vedanta Resources Plc - India
- Semirara Mining Corp, Philippines
- Straits Asia Resources Limited - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Deloitte Consulting - India
- Gujarat Electricity Regulatory Commission - India
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- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Sakthi Sugars Limited - India
- Thiess Contractors Indonesia
- Economic Council, Georgia
- Indo Tambangraya Megah - Indonesia
- Rio Tinto Coal - Australia
- Electricity Authority, New Zealand
- Global Coal Blending Company Limited - Australia
- Banpu Public Company Limited - Thailand
- Bukit Baiduri Energy - Indonesia
- Indian Energy Exchange, India
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- Ambuja Cements Ltd - India
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- Price Waterhouse Coopers - Russia
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- GVK Power & Infra Limited - India
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- Timah Investasi Mineral - Indoneisa
- Orica Mining Services - Indonesia
- CIMB Investment Bank - Malaysia
- Xindia Steels Limited - India
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- Mercator Lines Limited - India
- Alfred C Toepfer International GmbH - Germany
- Indonesian Coal Mining Association
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- Tata Chemicals Ltd - India
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- Petrochimia International Co. Ltd.- Taiwan
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- Standard Chartered Bank - UAE
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- Kohat Cement Company Ltd. - Pakistan
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- Kumho Petrochemical, South Korea
- Mjunction Services Limited - India
- Sical Logistics Limited - India
- Holcim Trading Pte Ltd - Singapore
- MS Steel International - UAE
- Indogreen Group - Indonesia
- Grasim Industreis Ltd - India
- Kideco Jaya Agung - Indonesia
- Intertek Mineral Services - Indonesia
- Australian Coal Association
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- Bhatia International Limited - India
- Bayan Resources Tbk. - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
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- Medco Energi Mining Internasional
- IHS Mccloskey Coal Group - USA
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- Altura Mining Limited, Indonesia
- Ministry of Mines - Canada
- Metalloyd Limited - United Kingdom
- Mercuria Energy - Indonesia
- SMC Global Power, Philippines
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- Gujarat Mineral Development Corp Ltd - India
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- Wood Mackenzie - Singapore
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- Goldman Sachs - Singapore
- Romanian Commodities Exchange
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- Heidelberg Cement - Germany
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- The State Trading Corporation of India Ltd
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- Rashtriya Ispat Nigam Limited - India
- Thai Mozambique Logistica
- Neyveli Lignite Corporation Ltd, - India
- Indian Oil Corporation Limited
- Bangladesh Power Developement Board
- Edison Trading Spa - Italy
- Attock Cement Pakistan Limited
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