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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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- Posco Energy - South Korea
- Mintek Dendrill Indonesia
- CNBM International Corporation - China
- GN Power Mariveles Coal Plant, Philippines
- Sical Logistics Limited - India
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- The Treasury - Australian Government
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- Holcim Trading Pte Ltd - Singapore
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- Bukit Baiduri Energy - Indonesia
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- Minerals Council of Australia
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- Jaiprakash Power Ventures ltd
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- Parliament of New Zealand
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- IEA Clean Coal Centre - UK
- Samtan Co., Ltd - South Korea
- Merrill Lynch Commodities Europe
- Alfred C Toepfer International GmbH - Germany
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- Coalindo Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Ministry of Mines - Canada
- PTC India Limited - India
- Indonesian Coal Mining Association
- Electricity Authority, New Zealand
- Sree Jayajothi Cements Limited - India
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- CIMB Investment Bank - Malaysia
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- Therma Luzon, Inc, Philippines
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- Africa Commodities Group - South Africa
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- Indian Oil Corporation Limited
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- The State Trading Corporation of India Ltd
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- Planning Commission, India
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- Independent Power Producers Association of India
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- Savvy Resources Ltd - HongKong
- SN Aboitiz Power Inc, Philippines
- Standard Chartered Bank - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
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- LBH Netherlands Bv - Netherlands
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- Siam City Cement PLC, Thailand
- Ind-Barath Power Infra Limited - India
- Port Waratah Coal Services - Australia
- Indika Energy - Indonesia
- Edison Trading Spa - Italy
- SMC Global Power, Philippines
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- Chamber of Mines of South Africa
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- Australian Commodity Traders Exchange
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- Leighton Contractors Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
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- Global Business Power Corporation, Philippines
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- MS Steel International - UAE
- IHS Mccloskey Coal Group - USA
- Carbofer General Trading SA - India
- Aboitiz Power Corporation - Philippines
- Australian Coal Association
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- Medco Energi Mining Internasional
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- Kumho Petrochemical, South Korea
- Georgia Ports Authority, United States
- White Energy Company Limited
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- Trasteel International SA, Italy
- Ministry of Finance - Indonesia
- Uttam Galva Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Bhushan Steel Limited - India
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- Anglo American - United Kingdom
- Sojitz Corporation - Japan
- Maheswari Brothers Coal Limited - India
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- Indo Tambangraya Megah - Indonesia
- Gujarat Sidhee Cement - India
- Power Finance Corporation Ltd., India
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Energy - Thailand
- Price Waterhouse Coopers - Russia
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- San Jose City I Power Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Mineral Development Corp Ltd - India
- Toyota Tsusho Corporation, Japan
- Commonwealth Bank - Australia
- Bhoruka Overseas - Indonesia
- Interocean Group of Companies - India
- Kobexindo Tractors - Indoneisa
- Bulk Trading Sa - Switzerland
- Iligan Light & Power Inc, Philippines
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- Indian Energy Exchange, India
- Timah Investasi Mineral - Indoneisa
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- Wood Mackenzie - Singapore
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- Neyveli Lignite Corporation Ltd, - India
- Energy Link Ltd, New Zealand
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- Economic Council, Georgia
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