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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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- Iligan Light & Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Karaikal Port Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Semirara Mining and Power Corporation, Philippines
- GMR Energy Limited - India
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- Ministry of Transport, Egypt
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- Barasentosa Lestari - Indonesia
- Cement Manufacturers Association - India
- Sindya Power Generating Company Private Ltd
- The University of Queensland
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- Renaissance Capital - South Africa
- San Jose City I Power Corp, Philippines
- Larsen & Toubro Limited - India
- Georgia Ports Authority, United States
- Goldman Sachs - Singapore
- Binh Thuan Hamico - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- IHS Mccloskey Coal Group - USA
- Eastern Coal Council - USA
- LBH Netherlands Bv - Netherlands
- Wilmar Investment Holdings
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- Baramulti Group, Indonesia
- White Energy Company Limited
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- SMC Global Power, Philippines
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- Sical Logistics Limited - India
- European Bulk Services B.V. - Netherlands
- Straits Asia Resources Limited - Singapore
- Simpson Spence & Young - Indonesia
- Independent Power Producers Association of India
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- Savvy Resources Ltd - HongKong
- Attock Cement Pakistan Limited
- PetroVietnam Power Coal Import and Supply Company
- Port Waratah Coal Services - Australia
- Sree Jayajothi Cements Limited - India
- Ceylon Electricity Board - Sri Lanka
- Chamber of Mines of South Africa
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- Maheswari Brothers Coal Limited - India
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- Wood Mackenzie - Singapore
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- Rashtriya Ispat Nigam Limited - India
- Alfred C Toepfer International GmbH - Germany
- Medco Energi Mining Internasional
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- Australian Coal Association
- Bhatia International Limited - India
- Globalindo Alam Lestari - Indonesia
- Meralco Power Generation, Philippines
- South Luzon Thermal Energy Corporation
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Miang Besar Coal Terminal - Indonesia
- Tamil Nadu electricity Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petron Corporation, Philippines
- Carbofer General Trading SA - India
- Leighton Contractors Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- India Bulls Power Limited - India
- CIMB Investment Bank - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Uttam Galva Steels Limited - India
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- Central Electricity Authority - India
- Bukit Makmur.PT - Indonesia
- Indian Energy Exchange, India
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- Global Business Power Corporation, Philippines
- Deloitte Consulting - India
- Anglo American - United Kingdom
- Tata Chemicals Ltd - India
- SMG Consultants - Indonesia
- PNOC Exploration Corporation - Philippines
- Oldendorff Carriers - Singapore
- ASAPP Information Group - India
- Bukit Baiduri Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bangladesh Power Developement Board
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- Toyota Tsusho Corporation, Japan
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- Minerals Council of Australia
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- Thiess Contractors Indonesia
- IEA Clean Coal Centre - UK
- Riau Bara Harum - Indonesia
- Electricity Authority, New Zealand
- Kideco Jaya Agung - Indonesia
- TeaM Sual Corporation - Philippines
- Edison Trading Spa - Italy
- Bukit Asam (Persero) Tbk - Indonesia
- MS Steel International - UAE
- Mercuria Energy - Indonesia
- Indonesian Coal Mining Association
- Thai Mozambique Logistica
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- Videocon Industries ltd - India
- Posco Energy - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Directorate General of MIneral and Coal - Indonesia
- London Commodity Brokers - England
- Commonwealth Bank - Australia
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- Trasteel International SA, Italy
- Banpu Public Company Limited - Thailand
- Jorong Barutama Greston.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
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- Cigading International Bulk Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- Kobexindo Tractors - Indoneisa
- Africa Commodities Group - South Africa
- Sojitz Corporation - Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Therma Luzon, Inc, Philippines
- Mintek Dendrill Indonesia
- Planning Commission, India
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- Indika Energy - Indonesia
- Ministry of Mines - Canada
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- Australian Commodity Traders Exchange
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- Economic Council, Georgia
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- Ministry of Finance - Indonesia
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