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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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- Merrill Lynch Commodities Europe
- Vizag Seaport Private Limited - India
- Independent Power Producers Association of India
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- White Energy Company Limited
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- Indian Energy Exchange, India
- Commonwealth Bank - Australia
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- Metalloyd Limited - United Kingdom
- Sindya Power Generating Company Private Ltd
- Leighton Contractors Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- International Coal Ventures Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
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- Energy Development Corp, Philippines
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- Riau Bara Harum - Indonesia
- Kumho Petrochemical, South Korea
- Maharashtra Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
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- Economic Council, Georgia
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- Xindia Steels Limited - India
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- Planning Commission, India
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- Tata Chemicals Ltd - India
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- Ceylon Electricity Board - Sri Lanka
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- Marubeni Corporation - India
- Larsen & Toubro Limited - India
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- Indian Oil Corporation Limited
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- ICICI Bank Limited - India
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- The Treasury - Australian Government
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- PetroVietnam Power Coal Import and Supply Company
- Sojitz Corporation - Japan
- Vedanta Resources Plc - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GMR Energy Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sakthi Sugars Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Sidhee Cement - India
- Bayan Resources Tbk. - Indonesia
- Trasteel International SA, Italy
- Sinarmas Energy and Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Ministry of Transport, Egypt
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- Wood Mackenzie - Singapore
- Minerals Council of Australia
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- San Jose City I Power Corp, Philippines
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- Star Paper Mills Limited - India
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- Wilmar Investment Holdings
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- Coalindo Energy - Indonesia
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- Bulk Trading Sa - Switzerland
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- Parliament of New Zealand
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- Power Finance Corporation Ltd., India
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Edison Trading Spa - Italy
- Australian Commodity Traders Exchange
- Meralco Power Generation, Philippines
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- Africa Commodities Group - South Africa
- Savvy Resources Ltd - HongKong
- Coastal Gujarat Power Limited - India
- Sarangani Energy Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Kohat Cement Company Ltd. - Pakistan
- SMC Global Power, Philippines
- Eastern Coal Council - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Straits Asia Resources Limited - Singapore
- Global Business Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Thiess Contractors Indonesia
- European Bulk Services B.V. - Netherlands
- Ind-Barath Power Infra Limited - India
- Therma Luzon, Inc, Philippines
- CNBM International Corporation - China
- Banpu Public Company Limited - Thailand
- Indogreen Group - Indonesia
- Binh Thuan Hamico - Vietnam
- ASAPP Information Group - India
- Kalimantan Lumbung Energi - Indonesia
- Mjunction Services Limited - India
- Videocon Industries ltd - India
- Karaikal Port Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Medco Energi Mining Internasional
- New Zealand Coal & Carbon
- Miang Besar Coal Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jindal Steel & Power Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Intertek Mineral Services - Indonesia
- IEA Clean Coal Centre - UK
- Gujarat Mineral Development Corp Ltd - India
- Interocean Group of Companies - India
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- MS Steel International - UAE
- India Bulls Power Limited - India
- Directorate Of Revenue Intelligence - India
- Samtan Co., Ltd - South Korea
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- TeaM Sual Corporation - Philippines
- Latin American Coal - Colombia
- Billiton Holdings Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- Mintek Dendrill Indonesia
- Romanian Commodities Exchange
- The State Trading Corporation of India Ltd
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- Makarim & Taira - Indonesia
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- Bangladesh Power Developement Board
- Heidelberg Cement - Germany
- Global Coal Blending Company Limited - Australia
- Kobexindo Tractors - Indoneisa
- Indonesian Coal Mining Association
- London Commodity Brokers - England
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Goldman Sachs - Singapore
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- Renaissance Capital - South Africa
- Krishnapatnam Port Company Ltd. - India
- Toyota Tsusho Corporation, Japan
- Eastern Energy - Thailand
- Global Green Power PLC Corporation, Philippines
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- Holcim Trading Pte Ltd - Singapore
- Georgia Ports Authority, United States
- Coal and Oil Company - UAE
- Aditya Birla Group - India
- South Luzon Thermal Energy Corporation
- Orica Australia Pty. Ltd.
- Electricity Authority, New Zealand
- Semirara Mining Corp, Philippines
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