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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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- Electricity Generating Authority of Thailand
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- Energy Development Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Posco Energy - South Korea
- Siam City Cement PLC, Thailand
- Coal and Oil Company - UAE
- Agrawal Coal Company - India
- Pendopo Energi Batubara - Indonesia
- Star Paper Mills Limited - India
- Bhushan Steel Limited - India
- Mintek Dendrill Indonesia
- Gujarat Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
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- Attock Cement Pakistan Limited
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- Anglo American - United Kingdom
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- Indonesian Coal Mining Association
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- PTC India Limited - India
- Kobexindo Tractors - Indoneisa
- Renaissance Capital - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Trasteel International SA, Italy
- Ministry of Mines - Canada
- CIMB Investment Bank - Malaysia
- MS Steel International - UAE
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- VISA Power Limited - India
- European Bulk Services B.V. - Netherlands
- Thiess Contractors Indonesia
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- Metalloyd Limited - United Kingdom
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- Cigading International Bulk Terminal - Indonesia
- India Bulls Power Limited - India
- Jindal Steel & Power Ltd - India
- Rio Tinto Coal - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Wood Mackenzie - Singapore
- Indian Energy Exchange, India
- Uttam Galva Steels Limited - India
- Sical Logistics Limited - India
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- Alfred C Toepfer International GmbH - Germany
- Indian Oil Corporation Limited
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- Tata Chemicals Ltd - India
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- Mercuria Energy - Indonesia
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- Ceylon Electricity Board - Sri Lanka
- Latin American Coal - Colombia
- Marubeni Corporation - India
- Electricity Authority, New Zealand
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- Energy Link Ltd, New Zealand
- Salva Resources Pvt Ltd - India
- Africa Commodities Group - South Africa
- Merrill Lynch Commodities Europe
- Deloitte Consulting - India
- Mjunction Services Limited - India
- The Treasury - Australian Government
- Coalindo Energy - Indonesia
- Orica Australia Pty. Ltd.
- Bukit Makmur.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- Binh Thuan Hamico - Vietnam
- Australian Coal Association
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- Kumho Petrochemical, South Korea
- Indo Tambangraya Megah - Indonesia
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- Barasentosa Lestari - Indonesia
- Power Finance Corporation Ltd., India
- GMR Energy Limited - India
- London Commodity Brokers - England
- Siam City Cement - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Electricity Authority - India
- Riau Bara Harum - Indonesia
- Ministry of Finance - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SN Aboitiz Power Inc, Philippines
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- Orica Mining Services - Indonesia
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Banpu Public Company Limited - Thailand
- Port Waratah Coal Services - Australia
- IEA Clean Coal Centre - UK
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- Kapuas Tunggal Persada - Indonesia
- PowerSource Philippines DevCo
- Antam Resourcindo - Indonesia
- ASAPP Information Group - India
- Semirara Mining and Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Independent Power Producers Association of India
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- Global Coal Blending Company Limited - Australia
- Kepco SPC Power Corporation, Philippines
- Sojitz Corporation - Japan
- Borneo Indobara - Indonesia
- Bhatia International Limited - India
- Meralco Power Generation, Philippines
- IHS Mccloskey Coal Group - USA
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- ICICI Bank Limited - India
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- Planning Commission, India
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- Georgia Ports Authority, United States
- Interocean Group of Companies - India
- Holcim Trading Pte Ltd - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Billiton Holdings Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- Indogreen Group - Indonesia
- Kartika Selabumi Mining - Indonesia
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- Bharathi Cement Corporation - India
- New Zealand Coal & Carbon
- Commonwealth Bank - Australia
- Straits Asia Resources Limited - Singapore
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- Edison Trading Spa - Italy
- International Coal Ventures Pvt Ltd - India
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- Bangladesh Power Developement Board
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- Parliament of New Zealand
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- The State Trading Corporation of India Ltd
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