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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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- Xindia Steels Limited - India
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- MS Steel International - UAE
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- New Zealand Coal & Carbon
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Star Paper Mills Limited - India
- South Luzon Thermal Energy Corporation
- Singapore Mercantile Exchange
- Chettinad Cement Corporation Ltd - India
- Global Green Power PLC Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Sical Logistics Limited - India
- Indonesian Coal Mining Association
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- Deloitte Consulting - India
- Electricity Generating Authority of Thailand
- CNBM International Corporation - China
- Jorong Barutama Greston.PT - Indonesia
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- Romanian Commodities Exchange
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- Tamil Nadu electricity Board
- Semirara Mining Corp, Philippines
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- Energy Link Ltd, New Zealand
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- Indian Energy Exchange, India
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- Neyveli Lignite Corporation Ltd, - India
- Standard Chartered Bank - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petron Corporation, Philippines
- Chamber of Mines of South Africa
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- Interocean Group of Companies - India
- Semirara Mining and Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
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- Petrochimia International Co. Ltd.- Taiwan
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- Indogreen Group - Indonesia
- Power Finance Corporation Ltd., India
- Bhushan Steel Limited - India
- Leighton Contractors Pty Ltd - Australia
- VISA Power Limited - India
- Manunggal Multi Energi - Indonesia
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- Directorate General of MIneral and Coal - Indonesia
- Planning Commission, India
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- Makarim & Taira - Indonesia
- Meralco Power Generation, Philippines
- Latin American Coal - Colombia
- International Coal Ventures Pvt Ltd - India
- Wood Mackenzie - Singapore
- Videocon Industries ltd - India
- Alfred C Toepfer International GmbH - Germany
- Marubeni Corporation - India
- Samtan Co., Ltd - South Korea
- Salva Resources Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- Sojitz Corporation - Japan
- Ceylon Electricity Board - Sri Lanka
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- Mjunction Services Limited - India
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- TeaM Sual Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Global Business Power Corporation, Philippines
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- Sinarmas Energy and Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Bangladesh Power Developement Board
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- Rashtriya Ispat Nigam Limited - India
- Mintek Dendrill Indonesia
- Indian Oil Corporation Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karaikal Port Pvt Ltd - India
- Minerals Council of Australia
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- Mercuria Energy - Indonesia
- GVK Power & Infra Limited - India
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- Indo Tambangraya Megah - Indonesia
- Parliament of New Zealand
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- Essar Steel Hazira Ltd - India
- Ministry of Transport, Egypt
- SMG Consultants - Indonesia
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- Ministry of Mines - Canada
- Economic Council, Georgia
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- Siam City Cement - Thailand
- Bhatia International Limited - India
- Oldendorff Carriers - Singapore
- Straits Asia Resources Limited - Singapore
- Merrill Lynch Commodities Europe
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- Australian Commodity Traders Exchange
- GN Power Mariveles Coal Plant, Philippines
- White Energy Company Limited
- Australian Coal Association
- PetroVietnam Power Coal Import and Supply Company
- Thiess Contractors Indonesia
- Toyota Tsusho Corporation, Japan
- Kohat Cement Company Ltd. - Pakistan
- Formosa Plastics Group - Taiwan
- IHS Mccloskey Coal Group - USA
- The Treasury - Australian Government
- Global Coal Blending Company Limited - Australia
- Tata Chemicals Ltd - India
- Billiton Holdings Pty Ltd - Australia
- ASAPP Information Group - India
- Simpson Spence & Young - Indonesia
- Lanco Infratech Ltd - India
- Port Waratah Coal Services - Australia
- Larsen & Toubro Limited - India
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- Kapuas Tunggal Persada - Indonesia
- Metalloyd Limited - United Kingdom
- PowerSource Philippines DevCo
- Eastern Energy - Thailand
- Georgia Ports Authority, United States
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- The State Trading Corporation of India Ltd
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- Trasteel International SA, Italy
- Electricity Authority, New Zealand
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- Antam Resourcindo - Indonesia
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- London Commodity Brokers - England
- Offshore Bulk Terminal Pte Ltd, Singapore
- The University of Queensland
- Sindya Power Generating Company Private Ltd
- Bulk Trading Sa - Switzerland
- Globalindo Alam Lestari - Indonesia
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- IEA Clean Coal Centre - UK
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