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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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- Coal and Oil Company - UAE
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- Straits Asia Resources Limited - Singapore
- Mjunction Services Limited - India
- Larsen & Toubro Limited - India
- Central Java Power - Indonesia
- Globalindo Alam Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Independent Power Producers Association of India
- GMR Energy Limited - India
- ASAPP Information Group - India
- Energy Link Ltd, New Zealand
- Intertek Mineral Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- Sical Logistics Limited - India
- MS Steel International - UAE
- Jaiprakash Power Ventures ltd
- Jorong Barutama Greston.PT - Indonesia
- ICICI Bank Limited - India
- Star Paper Mills Limited - India
- Sindya Power Generating Company Private Ltd
- Australian Coal Association
- Renaissance Capital - South Africa
- Borneo Indobara - Indonesia
- Planning Commission, India
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- San Jose City I Power Corp, Philippines
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- SMG Consultants - Indonesia
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- Vijayanagar Sugar Pvt Ltd - India
- Tamil Nadu electricity Board
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Carbofer General Trading SA - India
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- Alfred C Toepfer International GmbH - Germany
- CIMB Investment Bank - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Minerals Council of Australia
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- Singapore Mercantile Exchange
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- Xindia Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Cement Manufacturers Association - India
- Electricity Authority, New Zealand
- Chamber of Mines of South Africa
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- Manunggal Multi Energi - Indonesia
- Ambuja Cements Ltd - India
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- Romanian Commodities Exchange
- SMC Global Power, Philippines
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- Ministry of Transport, Egypt
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- New Zealand Coal & Carbon
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- Bhatia International Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Price Waterhouse Coopers - Russia
- Power Finance Corporation Ltd., India
- Gujarat Sidhee Cement - India
- Attock Cement Pakistan Limited
- IHS Mccloskey Coal Group - USA
- Indian Oil Corporation Limited
- VISA Power Limited - India
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- Directorate General of MIneral and Coal - Indonesia
- Baramulti Group, Indonesia
- Simpson Spence & Young - Indonesia
- Coastal Gujarat Power Limited - India
- Thiess Contractors Indonesia
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- Gujarat Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
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- Bharathi Cement Corporation - India
- Billiton Holdings Pty Ltd - Australia
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- Meenaskhi Energy Private Limited - India
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- Parliament of New Zealand
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- Goldman Sachs - Singapore
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- Mercator Lines Limited - India
- Economic Council, Georgia
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- Indian Energy Exchange, India
- Videocon Industries ltd - India
- Sojitz Corporation - Japan
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- Kartika Selabumi Mining - Indonesia
- London Commodity Brokers - England
- Ministry of Finance - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Ministry of Mines - Canada
- The University of Queensland
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- Bukit Baiduri Energy - Indonesia
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Toyota Tsusho Corporation, Japan
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- Bulk Trading Sa - Switzerland
- European Bulk Services B.V. - Netherlands
- IEA Clean Coal Centre - UK
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement PLC, Thailand
- Commonwealth Bank - Australia
- Central Electricity Authority - India
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