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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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- Siam City Cement PLC, Thailand
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- Renaissance Capital - South Africa
- Mjunction Services Limited - India
- TeaM Sual Corporation - Philippines
- Australian Coal Association
- Straits Asia Resources Limited - Singapore
- SN Aboitiz Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Lanco Infratech Ltd - India
- Heidelberg Cement - Germany
- Coal and Oil Company - UAE
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ICICI Bank Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Karbindo Abesyapradhi - Indoneisa
- Banpu Public Company Limited - Thailand
- Latin American Coal - Colombia
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- Indo Tambangraya Megah - Indonesia
- Directorate Of Revenue Intelligence - India
- Alfred C Toepfer International GmbH - Germany
- Electricity Authority, New Zealand
- Medco Energi Mining Internasional
- Eastern Energy - Thailand
- India Bulls Power Limited - India
- The Treasury - Australian Government
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- GAC Shipping (India) Pvt Ltd
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- Pendopo Energi Batubara - Indonesia
- Minerals Council of Australia
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- Kepco SPC Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
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- Tamil Nadu electricity Board
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- Energy Link Ltd, New Zealand
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- CNBM International Corporation - China
- Bhatia International Limited - India
- VISA Power Limited - India
- Indian Energy Exchange, India
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- Jorong Barutama Greston.PT - Indonesia
- Salva Resources Pvt Ltd - India
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- Altura Mining Limited, Indonesia
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- Ministry of Finance - Indonesia
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- Binh Thuan Hamico - Vietnam
- London Commodity Brokers - England
- Bhushan Steel Limited - India
- Leighton Contractors Pty Ltd - Australia
- Energy Development Corp, Philippines
- Orica Mining Services - Indonesia
- Intertek Mineral Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Borneo Indobara - Indonesia
- Electricity Generating Authority of Thailand
- New Zealand Coal & Carbon
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- Krishnapatnam Port Company Ltd. - India
- Wood Mackenzie - Singapore
- Price Waterhouse Coopers - Russia
- Kaltim Prima Coal - Indonesia
- IEA Clean Coal Centre - UK
- Global Coal Blending Company Limited - Australia
- Standard Chartered Bank - UAE
- Bharathi Cement Corporation - India
- Videocon Industries ltd - India
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- Global Green Power PLC Corporation, Philippines
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- LBH Netherlands Bv - Netherlands
- Carbofer General Trading SA - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sojitz Corporation - Japan
- Aditya Birla Group - India
- Maharashtra Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- Ambuja Cements Ltd - India
- PTC India Limited - India
- Aboitiz Power Corporation - Philippines
- Riau Bara Harum - Indonesia
- Savvy Resources Ltd - HongKong
- Indogreen Group - Indonesia
- Commonwealth Bank - Australia
- Thai Mozambique Logistica
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- Therma Luzon, Inc, Philippines
- Coalindo Energy - Indonesia
- Wilmar Investment Holdings
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- Attock Cement Pakistan Limited
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- Parliament of New Zealand
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- Miang Besar Coal Terminal - Indonesia
- Larsen & Toubro Limited - India
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- San Jose City I Power Corp, Philippines
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- Planning Commission, India
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- PetroVietnam Power Coal Import and Supply Company
- Samtan Co., Ltd - South Korea
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- Australian Commodity Traders Exchange
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- Pipit Mutiara Jaya. PT, Indonesia
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- Trasteel International SA, Italy
- Directorate General of MIneral and Coal - Indonesia
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- Merrill Lynch Commodities Europe
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- Billiton Holdings Pty Ltd - Australia
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- Mercuria Energy - Indonesia
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- Indonesian Coal Mining Association
- Bulk Trading Sa - Switzerland
- GMR Energy Limited - India
- Sindya Power Generating Company Private Ltd
- Cement Manufacturers Association - India
- Barasentosa Lestari - Indonesia
- Gujarat Sidhee Cement - India
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- The State Trading Corporation of India Ltd
- Chamber of Mines of South Africa
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