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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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- Larsen & Toubro Limited - India
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- Madhucon Powers Ltd - India
- Uttam Galva Steels Limited - India
- Agrawal Coal Company - India
- Sical Logistics Limited - India
- Global Coal Blending Company Limited - Australia
- London Commodity Brokers - England
- PTC India Limited - India
- Gujarat Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Bharathi Cement Corporation - India
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- Maheswari Brothers Coal Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Bangladesh Power Developement Board
- Grasim Industreis Ltd - India
- Manunggal Multi Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Thai Mozambique Logistica
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- Indonesian Coal Mining Association
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- GMR Energy Limited - India
- AsiaOL BioFuels Corp., Philippines
- IEA Clean Coal Centre - UK
- Metalloyd Limited - United Kingdom
- VISA Power Limited - India
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- Chettinad Cement Corporation Ltd - India
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- GVK Power & Infra Limited - India
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- Eastern Energy - Thailand
- Jindal Steel & Power Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Romanian Commodities Exchange
- Ministry of Transport, Egypt
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- Global Business Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
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- Energy Link Ltd, New Zealand
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- Deloitte Consulting - India
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- Coal and Oil Company - UAE
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- Carbofer General Trading SA - India
- SN Aboitiz Power Inc, Philippines
- MS Steel International - UAE
- LBH Netherlands Bv - Netherlands
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- Petron Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Attock Cement Pakistan Limited
- Power Finance Corporation Ltd., India
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- Holcim Trading Pte Ltd - Singapore
- Baramulti Group, Indonesia
- Economic Council, Georgia
- Coalindo Energy - Indonesia
- Sojitz Corporation - Japan
- Vijayanagar Sugar Pvt Ltd - India
- Australian Coal Association
- Parliament of New Zealand
- The Treasury - Australian Government
- Trasteel International SA, Italy
- Central Java Power - Indonesia
- Kideco Jaya Agung - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- SMG Consultants - Indonesia
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- Interocean Group of Companies - India
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- Anglo American - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Tata Chemicals Ltd - India
- Chamber of Mines of South Africa
- The University of Queensland
- Videocon Industries ltd - India
- Malabar Cements Ltd - India
- Banpu Public Company Limited - Thailand
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- Siam City Cement PLC, Thailand
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- Simpson Spence & Young - Indonesia
- Jaiprakash Power Ventures ltd
- Ministry of Finance - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- IHS Mccloskey Coal Group - USA
- Electricity Generating Authority of Thailand
- Xindia Steels Limited - India
- The State Trading Corporation of India Ltd
- Standard Chartered Bank - UAE
- White Energy Company Limited
- Vizag Seaport Private Limited - India
- Binh Thuan Hamico - Vietnam
- Indian Oil Corporation Limited
- Wood Mackenzie - Singapore
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- Cement Manufacturers Association - India
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- Directorate Of Revenue Intelligence - India
- Orica Mining Services - Indonesia
- Globalindo Alam Lestari - Indonesia
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- CNBM International Corporation - China
- Rashtriya Ispat Nigam Limited - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Minerals Council of Australia
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- Mjunction Services Limited - India
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- Kumho Petrochemical, South Korea
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- McConnell Dowell - Australia
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- Indo Tambangraya Megah - Indonesia
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- Georgia Ports Authority, United States
- Bahari Cakrawala Sebuku - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- India Bulls Power Limited - India
- PowerSource Philippines DevCo
- Meenaskhi Energy Private Limited - India
- Africa Commodities Group - South Africa
- Bulk Trading Sa - Switzerland
- Samtan Co., Ltd - South Korea
- Bhoruka Overseas - Indonesia
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