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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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- The State Trading Corporation of India Ltd
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- Australian Coal Association
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- Indogreen Group - Indonesia
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- White Energy Company Limited
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- Eastern Coal Council - USA
- Meenaskhi Energy Private Limited - India
- Antam Resourcindo - Indonesia
- Interocean Group of Companies - India
- Petron Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Orica Mining Services - Indonesia
- Global Business Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Thiess Contractors Indonesia
- Indian Energy Exchange, India
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- OPG Power Generation Pvt Ltd - India
- Indika Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Mjunction Services Limited - India
- Singapore Mercantile Exchange
- Africa Commodities Group - South Africa
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- Eastern Energy - Thailand
- Wood Mackenzie - Singapore
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- Gujarat Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- IHS Mccloskey Coal Group - USA
- Borneo Indobara - Indonesia
- Sical Logistics Limited - India
- The Treasury - Australian Government
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- SMC Global Power, Philippines
- Thai Mozambique Logistica
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- Bangladesh Power Developement Board
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- Goldman Sachs - Singapore
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- Chamber of Mines of South Africa
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- SMG Consultants - Indonesia
- Agrawal Coal Company - India
- Miang Besar Coal Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
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- Lanco Infratech Ltd - India
- Meralco Power Generation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Kumho Petrochemical, South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Coal and Oil Company - UAE
- Wilmar Investment Holdings
- European Bulk Services B.V. - Netherlands
- Metalloyd Limited - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- International Coal Ventures Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Semirara Mining Corp, Philippines
- Planning Commission, India
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- Coalindo Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Trasteel International SA, Italy
- Maharashtra Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Kartika Selabumi Mining - Indonesia
- Chettinad Cement Corporation Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Baramulti Group, Indonesia
- Kideco Jaya Agung - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Dalmia Cement Bharat India
- Rio Tinto Coal - Australia
- Maheswari Brothers Coal Limited - India
- Price Waterhouse Coopers - Russia
- Jaiprakash Power Ventures ltd
- Sakthi Sugars Limited - India
- Ministry of Transport, Egypt
- Electricity Authority, New Zealand
- Altura Mining Limited, Indonesia
- Aditya Birla Group - India
- Merrill Lynch Commodities Europe
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- Marubeni Corporation - India
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- London Commodity Brokers - England
- PTC India Limited - India
- India Bulls Power Limited - India
- McConnell Dowell - Australia
- Parry Sugars Refinery, India
- Minerals Council of Australia
- ICICI Bank Limited - India
- CNBM International Corporation - China
- Therma Luzon, Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- VISA Power Limited - India
- Indonesian Coal Mining Association
- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- Australian Commodity Traders Exchange
- Bhoruka Overseas - Indonesia
- Star Paper Mills Limited - India
- Intertek Mineral Services - Indonesia
- Bharathi Cement Corporation - India
- Oldendorff Carriers - Singapore
- San Jose City I Power Corp, Philippines
- Independent Power Producers Association of India
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- Binh Thuan Hamico - Vietnam
- Georgia Ports Authority, United States
- Petrochimia International Co. Ltd.- Taiwan
- Vizag Seaport Private Limited - India
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- Siam City Cement - Thailand
- Billiton Holdings Pty Ltd - Australia
- New Zealand Coal & Carbon
- Commonwealth Bank - Australia
- Bahari Cakrawala Sebuku - Indonesia
- PNOC Exploration Corporation - Philippines
- Latin American Coal - Colombia
- Toyota Tsusho Corporation, Japan
- IEA Clean Coal Centre - UK
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