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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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- Georgia Ports Authority, United States
- Energy Development Corp, Philippines
- Romanian Commodities Exchange
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- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- SMG Consultants - Indonesia
- Bharathi Cement Corporation - India
- Bukit Makmur.PT - Indonesia
- Indika Energy - Indonesia
- Cement Manufacturers Association - India
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- Global Coal Blending Company Limited - Australia
- Bayan Resources Tbk. - Indonesia
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- Indian Energy Exchange, India
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- Commonwealth Bank - Australia
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- European Bulk Services B.V. - Netherlands
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- Goldman Sachs - Singapore
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- IHS Mccloskey Coal Group - USA
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- Ind-Barath Power Infra Limited - India
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- Bhushan Steel Limited - India
- Borneo Indobara - Indonesia
- Timah Investasi Mineral - Indoneisa
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- Bulk Trading Sa - Switzerland
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- Globalindo Alam Lestari - Indonesia
- Essar Steel Hazira Ltd - India
- Antam Resourcindo - Indonesia
- Orica Mining Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- The University of Queensland
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- Karbindo Abesyapradhi - Indoneisa
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- Petron Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Global Business Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Makarim & Taira - Indonesia
- Marubeni Corporation - India
- SN Aboitiz Power Inc, Philippines
- The Treasury - Australian Government
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- LBH Netherlands Bv - Netherlands
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- India Bulls Power Limited - India
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- SMC Global Power, Philippines
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- Energy Link Ltd, New Zealand
- International Coal Ventures Pvt Ltd - India
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- Gujarat Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Merrill Lynch Commodities Europe
- MS Steel International - UAE
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- Bangladesh Power Developement Board
- Kapuas Tunggal Persada - Indonesia
- Mintek Dendrill Indonesia
- Eastern Energy - Thailand
- Karaikal Port Pvt Ltd - India
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- Standard Chartered Bank - UAE
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- Gujarat Sidhee Cement - India
- Medco Energi Mining Internasional
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- Indian Oil Corporation Limited
- Straits Asia Resources Limited - Singapore
- Altura Mining Limited, Indonesia
- Sical Logistics Limited - India
- McConnell Dowell - Australia
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- Indonesian Coal Mining Association
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- Mjunction Services Limited - India
- Coastal Gujarat Power Limited - India
- Uttam Galva Steels Limited - India
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- Grasim Industreis Ltd - India
- Star Paper Mills Limited - India
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- Sakthi Sugars Limited - India
- Electricity Authority, New Zealand
- Attock Cement Pakistan Limited
- Pendopo Energi Batubara - Indonesia
- Coalindo Energy - Indonesia
- Parliament of New Zealand
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- Semirara Mining Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
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- Africa Commodities Group - South Africa
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- Tamil Nadu electricity Board
- Cigading International Bulk Terminal - Indonesia
- Wilmar Investment Holdings
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- Salva Resources Pvt Ltd - India
- Carbofer General Trading SA - India
- Holcim Trading Pte Ltd - Singapore
- Kartika Selabumi Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
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- Therma Luzon, Inc, Philippines
- Videocon Industries ltd - India
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- Kaltim Prima Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Bhatia International Limited - India
- Maheswari Brothers Coal Limited - India
- Independent Power Producers Association of India
- TNB Fuel Sdn Bhd - Malaysia
- Minerals Council of Australia
- Indogreen Group - Indonesia
- Economic Council, Georgia
- Directorate General of MIneral and Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- Parry Sugars Refinery, India
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