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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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- Vizag Seaport Private Limited - India
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- Ministry of Mines - Canada
- TNB Fuel Sdn Bhd - Malaysia
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- Timah Investasi Mineral - Indoneisa
- ASAPP Information Group - India
- Semirara Mining and Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Mercuria Energy - Indonesia
- Madhucon Powers Ltd - India
- Antam Resourcindo - Indonesia
- Price Waterhouse Coopers - Russia
- PNOC Exploration Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Georgia Ports Authority, United States
- Bhoruka Overseas - Indonesia
- Jaiprakash Power Ventures ltd
- Kaltim Prima Coal - Indonesia
- IEA Clean Coal Centre - UK
- Commonwealth Bank - Australia
- Coastal Gujarat Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Economic Council, Georgia
- Toyota Tsusho Corporation, Japan
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- Globalindo Alam Lestari - Indonesia
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- Global Green Power PLC Corporation, Philippines
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- Kohat Cement Company Ltd. - Pakistan
- Larsen & Toubro Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Indo Tambangraya Megah - Indonesia
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- Metalloyd Limited - United Kingdom
- Grasim Industreis Ltd - India
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- Straits Asia Resources Limited - Singapore
- Africa Commodities Group - South Africa
- AsiaOL BioFuels Corp., Philippines
- Romanian Commodities Exchange
- Siam City Cement PLC, Thailand
- Thiess Contractors Indonesia
- Eastern Coal Council - USA
- Asmin Koalindo Tuhup - Indonesia
- Merrill Lynch Commodities Europe
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- Orica Australia Pty. Ltd.
- Bayan Resources Tbk. - Indonesia
- PTC India Limited - India
- McConnell Dowell - Australia
- Tata Chemicals Ltd - India
- European Bulk Services B.V. - Netherlands
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- Sojitz Corporation - Japan
- Ceylon Electricity Board - Sri Lanka
- Coalindo Energy - Indonesia
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- Renaissance Capital - South Africa
- Therma Luzon, Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Ministry of Transport, Egypt
- MS Steel International - UAE
- Samtan Co., Ltd - South Korea
- Mjunction Services Limited - India
- Ministry of Finance - Indonesia
- Anglo American - United Kingdom
- Eastern Energy - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
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- VISA Power Limited - India
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- India Bulls Power Limited - India
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- Singapore Mercantile Exchange
- Planning Commission, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- SN Aboitiz Power Inc, Philippines
- Altura Mining Limited, Indonesia
- Formosa Plastics Group - Taiwan
- Ambuja Cements Ltd - India
- Trasteel International SA, Italy
- Petrochimia International Co. Ltd.- Taiwan
- Wilmar Investment Holdings
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- Independent Power Producers Association of India
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- Directorate General of MIneral and Coal - Indonesia
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- Indian Energy Exchange, India
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- Sical Logistics Limited - India
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- Mintek Dendrill Indonesia
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- Miang Besar Coal Terminal - Indonesia
- Sakthi Sugars Limited - India
- Latin American Coal - Colombia
- IHS Mccloskey Coal Group - USA
- Australian Coal Association
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- Chettinad Cement Corporation Ltd - India
- Bulk Trading Sa - Switzerland
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- Minerals Council of Australia
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- Cement Manufacturers Association - India
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PowerSource Philippines DevCo
- Binh Thuan Hamico - Vietnam
- Meralco Power Generation, Philippines
- Coal and Oil Company - UAE
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