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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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- Energy Link Ltd, New Zealand
- Ministry of Mines - Canada
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- Dalmia Cement Bharat India
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- Alfred C Toepfer International GmbH - Germany
- Sree Jayajothi Cements Limited - India
- Power Finance Corporation Ltd., India
- Eastern Coal Council - USA
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- Kapuas Tunggal Persada - Indonesia
- Kartika Selabumi Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- International Coal Ventures Pvt Ltd - India
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- Indika Energy - Indonesia
- Meralco Power Generation, Philippines
- Bhushan Steel Limited - India
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- Intertek Mineral Services - Indonesia
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- Minerals Council of Australia
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- Semirara Mining Corp, Philippines
- Directorate Of Revenue Intelligence - India
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- Economic Council, Georgia
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- Bhatia International Limited - India
- Manunggal Multi Energi - Indonesia
- Banpu Public Company Limited - Thailand
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- Krishnapatnam Port Company Ltd. - India
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- Sarangani Energy Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- The University of Queensland
- London Commodity Brokers - England
- ICICI Bank Limited - India
- OPG Power Generation Pvt Ltd - India
- Salva Resources Pvt Ltd - India
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- Ceylon Electricity Board - Sri Lanka
- Eastern Energy - Thailand
- Cigading International Bulk Terminal - Indonesia
- Heidelberg Cement - Germany
- Aditya Birla Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Mercuria Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Star Paper Mills Limited - India
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
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- Indonesian Coal Mining Association
- SMC Global Power, Philippines
- PowerSource Philippines DevCo
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- Jaiprakash Power Ventures ltd
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- Samtan Co., Ltd - South Korea
- Maheswari Brothers Coal Limited - India
- San Jose City I Power Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Renaissance Capital - South Africa
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- Parliament of New Zealand
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- Wilmar Investment Holdings
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- Kohat Cement Company Ltd. - Pakistan
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- Coastal Gujarat Power Limited - India
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- South Luzon Thermal Energy Corporation
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- Therma Luzon, Inc, Philippines
- Essar Steel Hazira Ltd - India
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- Edison Trading Spa - Italy
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- Malabar Cements Ltd - India
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- Electricity Authority, New Zealand
- European Bulk Services B.V. - Netherlands
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- Global Coal Blending Company Limited - Australia
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- Antam Resourcindo - Indonesia
- MS Steel International - UAE
- Goldman Sachs - Singapore
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- Rashtriya Ispat Nigam Limited - India
- Globalindo Alam Lestari - Indonesia
- Sakthi Sugars Limited - India
- Central Electricity Authority - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Development Corp, Philippines
- GVK Power & Infra Limited - India
- Planning Commission, India
- Tamil Nadu electricity Board
- Chamber of Mines of South Africa
- SMG Consultants - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pendopo Energi Batubara - Indonesia
- Binh Thuan Hamico - Vietnam
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- Petron Corporation, Philippines
- Deloitte Consulting - India
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- Bulk Trading Sa - Switzerland
- VISA Power Limited - India
- LBH Netherlands Bv - Netherlands
- Attock Cement Pakistan Limited
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- Pipit Mutiara Jaya. PT, Indonesia
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- Thai Mozambique Logistica
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- Interocean Group of Companies - India
- Bangladesh Power Developement Board
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- Metalloyd Limited - United Kingdom
- Global Green Power PLC Corporation, Philippines
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- Ministry of Transport, Egypt
- Independent Power Producers Association of India
- Georgia Ports Authority, United States
- Baramulti Group, Indonesia
- White Energy Company Limited
- Chettinad Cement Corporation Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
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- India Bulls Power Limited - India
- Siam City Cement PLC, Thailand
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