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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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- Larsen & Toubro Limited - India
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- SMC Global Power, Philippines
- The University of Queensland
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- Krishnapatnam Port Company Ltd. - India
- PNOC Exploration Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- GMR Energy Limited - India
- Globalindo Alam Lestari - Indonesia
- Edison Trading Spa - Italy
- Maheswari Brothers Coal Limited - India
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
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- Tata Chemicals Ltd - India
- Thai Mozambique Logistica
- European Bulk Services B.V. - Netherlands
- Eastern Coal Council - USA
- Mercator Lines Limited - India
- Ministry of Mines - Canada
- Antam Resourcindo - Indonesia
- Bhoruka Overseas - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Karaikal Port Pvt Ltd - India
- Bangladesh Power Developement Board
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- Energy Development Corp, Philippines
- IHS Mccloskey Coal Group - USA
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- Georgia Ports Authority, United States
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- IEA Clean Coal Centre - UK
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- Standard Chartered Bank - UAE
- Makarim & Taira - Indonesia
- Port Waratah Coal Services - Australia
- Orica Australia Pty. Ltd.
- Kideco Jaya Agung - Indonesia
- CIMB Investment Bank - Malaysia
- Tamil Nadu electricity Board
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- OPG Power Generation Pvt Ltd - India
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- Cement Manufacturers Association - India
- Semirara Mining Corp, Philippines
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- Samtan Co., Ltd - South Korea
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- Oldendorff Carriers - Singapore
- Banpu Public Company Limited - Thailand
- CNBM International Corporation - China
- Bhushan Steel Limited - India
- Goldman Sachs - Singapore
- ICICI Bank Limited - India
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- Coal and Oil Company - UAE
- Riau Bara Harum - Indonesia
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- Carbofer General Trading SA - India
- Uttam Galva Steels Limited - India
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- LBH Netherlands Bv - Netherlands
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- Orica Mining Services - Indonesia
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- Star Paper Mills Limited - India
- Sakthi Sugars Limited - India
- Timah Investasi Mineral - Indoneisa
- Deloitte Consulting - India
- Australian Coal Association
- PTC India Limited - India
- Global Coal Blending Company Limited - Australia
- Siam City Cement - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Grasim Industreis Ltd - India
- Singapore Mercantile Exchange
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- Wood Mackenzie - Singapore
- Bulk Trading Sa - Switzerland
- Jaiprakash Power Ventures ltd
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- Eastern Energy - Thailand
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- Mintek Dendrill Indonesia
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- London Commodity Brokers - England
- PowerSource Philippines DevCo
- Gujarat Sidhee Cement - India
- Straits Asia Resources Limited - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Renaissance Capital - South Africa
- Binh Thuan Hamico - Vietnam
- Australian Commodity Traders Exchange
- Barasentosa Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Jindal Steel & Power Ltd - India
- Heidelberg Cement - Germany
- Sarangani Energy Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Ind-Barath Power Infra Limited - India
- Mercuria Energy - Indonesia
- Minerals Council of Australia
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- Parliament of New Zealand
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- Commonwealth Bank - Australia
- Medco Energi Mining Internasional
- Aboitiz Power Corporation - Philippines
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- Latin American Coal - Colombia
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- Petron Corporation, Philippines
- Ministry of Transport, Egypt
- Posco Energy - South Korea
- Anglo American - United Kingdom
- Bayan Resources Tbk. - Indonesia
- The State Trading Corporation of India Ltd
- Energy Link Ltd, New Zealand
- Indika Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
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- Kalimantan Lumbung Energi - Indonesia
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- Xindia Steels Limited - India
- Trasteel International SA, Italy
- Directorate Of Revenue Intelligence - India
- GAC Shipping (India) Pvt Ltd
- Chamber of Mines of South Africa
- Bukit Makmur.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Aditya Birla Group - India
- Indonesian Coal Mining Association
- Independent Power Producers Association of India
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- Madhucon Powers Ltd - India
- Mjunction Services Limited - India
- Lanco Infratech Ltd - India
- Economic Council, Georgia
- Siam City Cement PLC, Thailand
- Kaltim Prima Coal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Africa Commodities Group - South Africa
- Simpson Spence & Young - Indonesia
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