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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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- Chamber of Mines of South Africa
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- Indogreen Group - Indonesia
- Makarim & Taira - Indonesia
- Kideco Jaya Agung - Indonesia
- Tamil Nadu electricity Board
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- Parry Sugars Refinery, India
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- Mjunction Services Limited - India
- Bulk Trading Sa - Switzerland
- Ceylon Electricity Board - Sri Lanka
- CNBM International Corporation - China
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- Rio Tinto Coal - Australia
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- The Treasury - Australian Government
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- Gujarat Sidhee Cement - India
- SMC Global Power, Philippines
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- Maheswari Brothers Coal Limited - India
- Latin American Coal - Colombia
- Banpu Public Company Limited - Thailand
- Sojitz Corporation - Japan
- Indian Energy Exchange, India
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- SN Aboitiz Power Inc, Philippines
- Singapore Mercantile Exchange
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- Standard Chartered Bank - UAE
- Billiton Holdings Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Renaissance Capital - South Africa
- International Coal Ventures Pvt Ltd - India
- Coalindo Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Meralco Power Generation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- MS Steel International - UAE
- Global Coal Blending Company Limited - Australia
- South Luzon Thermal Energy Corporation
- New Zealand Coal & Carbon
- The University of Queensland
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- Attock Cement Pakistan Limited
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- European Bulk Services B.V. - Netherlands
- Thai Mozambique Logistica
- Electricity Generating Authority of Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Mercator Lines Limited - India
- Tata Chemicals Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- India Bulls Power Limited - India
- Minerals Council of Australia
- Bhushan Steel Limited - India
- Barasentosa Lestari - Indonesia
- Eastern Coal Council - USA
- Petrochimia International Co. Ltd.- Taiwan
- LBH Netherlands Bv - Netherlands
- Trasteel International SA, Italy
- TNB Fuel Sdn Bhd - Malaysia
- McConnell Dowell - Australia
- Wood Mackenzie - Singapore
- Orica Mining Services - Indonesia
- Edison Trading Spa - Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Price Waterhouse Coopers - Russia
- Bharathi Cement Corporation - India
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- Videocon Industries ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- PTC India Limited - India
- CIMB Investment Bank - Malaysia
- Oldendorff Carriers - Singapore
- Karaikal Port Pvt Ltd - India
- Vizag Seaport Private Limited - India
- London Commodity Brokers - England
- Anglo American - United Kingdom
- Aditya Birla Group - India
- Deloitte Consulting - India
- Siam City Cement PLC, Thailand
- SMG Consultants - Indonesia
- IHS Mccloskey Coal Group - USA
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- Leighton Contractors Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Ministry of Finance - Indonesia
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- Africa Commodities Group - South Africa
- Altura Mining Limited, Indonesia
- Alfred C Toepfer International GmbH - Germany
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- Australian Coal Association
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- Petron Corporation, Philippines
- Romanian Commodities Exchange
- Dalmia Cement Bharat India
- Straits Asia Resources Limited - Singapore
- Aboitiz Power Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Miang Besar Coal Terminal - Indonesia
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- Parliament of New Zealand
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- Intertek Mineral Services - Indonesia
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- Mercuria Energy - Indonesia
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- Thiess Contractors Indonesia
- Cement Manufacturers Association - India
- Directorate Of Revenue Intelligence - India
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- Asmin Koalindo Tuhup - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Mines - Canada
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- Goldman Sachs - Singapore
- Economic Council, Georgia
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- Electricity Authority, New Zealand
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