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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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- White Energy Company Limited
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- Toyota Tsusho Corporation, Japan
- Meralco Power Generation, Philippines
- Kobexindo Tractors - Indoneisa
- Kepco SPC Power Corporation, Philippines
- PTC India Limited - India
- Intertek Mineral Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Planning Commission, India
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- Electricity Generating Authority of Thailand
- Jorong Barutama Greston.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- Sindya Power Generating Company Private Ltd
- Cement Manufacturers Association - India
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- Africa Commodities Group - South Africa
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- GMR Energy Limited - India
- CNBM International Corporation - China
- Samtan Co., Ltd - South Korea
- Kartika Selabumi Mining - Indonesia
- Metalloyd Limited - United Kingdom
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- Gujarat Sidhee Cement - India
- Orica Mining Services - Indonesia
- Indonesian Coal Mining Association
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- Parliament of New Zealand
- Kumho Petrochemical, South Korea
- Global Coal Blending Company Limited - Australia
- Wood Mackenzie - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jindal Steel & Power Ltd - India
- Minerals Council of Australia
- Romanian Commodities Exchange
- Rio Tinto Coal - Australia
- Kalimantan Lumbung Energi - Indonesia
- Edison Trading Spa - Italy
- Standard Chartered Bank - UAE
- Bhatia International Limited - India
- Rashtriya Ispat Nigam Limited - India
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- IHS Mccloskey Coal Group - USA
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- Ministry of Finance - Indonesia
- Videocon Industries ltd - India
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- Karaikal Port Pvt Ltd - India
- Bangladesh Power Developement Board
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- Uttam Galva Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Meenaskhi Energy Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Attock Cement Pakistan Limited
- Leighton Contractors Pty Ltd - Australia
- GVK Power & Infra Limited - India
- PowerSource Philippines DevCo
- Indian Energy Exchange, India
- Eastern Energy - Thailand
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- Ind-Barath Power Infra Limited - India
- Salva Resources Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- VISA Power Limited - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- India Bulls Power Limited - India
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- SN Aboitiz Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Agrawal Coal Company - India
- Banpu Public Company Limited - Thailand
- Bayan Resources Tbk. - Indonesia
- Global Green Power PLC Corporation, Philippines
- IEA Clean Coal Centre - UK
- Australian Commodity Traders Exchange
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- SMG Consultants - Indonesia
- Thiess Contractors Indonesia
- Xindia Steels Limited - India
- CIMB Investment Bank - Malaysia
- Therma Luzon, Inc, Philippines
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- Price Waterhouse Coopers - Russia
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- Bahari Cakrawala Sebuku - Indonesia
- Energy Link Ltd, New Zealand
- Antam Resourcindo - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Interocean Group of Companies - India
- The Treasury - Australian Government
- OPG Power Generation Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Independent Power Producers Association of India
- Chamber of Mines of South Africa
- Lanco Infratech Ltd - India
- Sical Logistics Limited - India
- Port Waratah Coal Services - Australia
- Binh Thuan Hamico - Vietnam
- Eastern Coal Council - USA
- New Zealand Coal & Carbon
- Deloitte Consulting - India
- Baramulti Group, Indonesia
- Coalindo Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
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- Economic Council, Georgia
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- The State Trading Corporation of India Ltd
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- European Bulk Services B.V. - Netherlands
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- Australian Coal Association
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- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining and Power Corporation, Philippines
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- Directorate General of MIneral and Coal - Indonesia
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