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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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- Attock Cement Pakistan Limited
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- Energy Development Corp, Philippines
- Ministry of Transport, Egypt
- Bank of Tokyo Mitsubishi UFJ Ltd
- Latin American Coal - Colombia
- Essar Steel Hazira Ltd - India
- Videocon Industries ltd - India
- Georgia Ports Authority, United States
- Baramulti Group, Indonesia
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- Mjunction Services Limited - India
- Australian Commodity Traders Exchange
- Central Electricity Authority - India
- Merrill Lynch Commodities Europe
- Maheswari Brothers Coal Limited - India
- Interocean Group of Companies - India
- SN Aboitiz Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Indonesian Coal Mining Association
- San Jose City I Power Corp, Philippines
- Sojitz Corporation - Japan
- Eastern Energy - Thailand
- Bhatia International Limited - India
- Kaltim Prima Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- White Energy Company Limited
- Orica Mining Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Samtan Co., Ltd - South Korea
- The Treasury - Australian Government
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- Meenaskhi Energy Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Siam City Cement PLC, Thailand
- Minerals Council of Australia
- Intertek Mineral Services - Indonesia
- Jaiprakash Power Ventures ltd
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- OPG Power Generation Pvt Ltd - India
- Parliament of New Zealand
- Wood Mackenzie - Singapore
- Renaissance Capital - South Africa
- VISA Power Limited - India
- Chamber of Mines of South Africa
- GMR Energy Limited - India
- Cigading International Bulk Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
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- Banpu Public Company Limited - Thailand
- Africa Commodities Group - South Africa
- Bulk Trading Sa - Switzerland
- Semirara Mining Corp, Philippines
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- Kumho Petrochemical, South Korea
- Straits Asia Resources Limited - Singapore
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- Petron Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Gujarat Sidhee Cement - India
- Asmin Koalindo Tuhup - Indonesia
- GVK Power & Infra Limited - India
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- Planning Commission, India
- Larsen & Toubro Limited - India
- SMG Consultants - Indonesia
- Deloitte Consulting - India
- Singapore Mercantile Exchange
- Cement Manufacturers Association - India
- Coastal Gujarat Power Limited - India
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- Mercator Lines Limited - India
- Indika Energy - Indonesia
- MS Steel International - UAE
- Jorong Barutama Greston.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Malabar Cements Ltd - India
- Sindya Power Generating Company Private Ltd
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- India Bulls Power Limited - India
- Sarangani Energy Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Independent Power Producers Association of India
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- Sical Logistics Limited - India
- Standard Chartered Bank - UAE
- Trasteel International SA, Italy
- Tamil Nadu electricity Board
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- Tata Chemicals Ltd - India
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- Sakthi Sugars Limited - India
- Eastern Coal Council - USA
- Simpson Spence & Young - Indonesia
- London Commodity Brokers - England
- SMC Global Power, Philippines
- ASAPP Information Group - India
- McConnell Dowell - Australia
- Heidelberg Cement - Germany
- Indian Oil Corporation Limited
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- Price Waterhouse Coopers - Russia
- Orica Australia Pty. Ltd.
- Commonwealth Bank - Australia
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- Australian Coal Association
- Meralco Power Generation, Philippines
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- Economic Council, Georgia
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- Coalindo Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
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- Xindia Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Borneo Indobara - Indonesia
- Therma Luzon, Inc, Philippines
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- PowerSource Philippines DevCo
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- Salva Resources Pvt Ltd - India
- The University of Queensland
- European Bulk Services B.V. - Netherlands
- Global Green Power PLC Corporation, Philippines
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- Coal and Oil Company - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Posco Energy - South Korea
- Thai Mozambique Logistica
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- Parry Sugars Refinery, India
- Mintek Dendrill Indonesia
- Energy Link Ltd, New Zealand
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- Edison Trading Spa - Italy
- Siam City Cement - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rio Tinto Coal - Australia
- Ind-Barath Power Infra Limited - India
- Vizag Seaport Private Limited - India
- Ministry of Mines - Canada
- Antam Resourcindo - Indonesia
- Globalindo Alam Lestari - Indonesia
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- Sinarmas Energy and Mining - Indonesia
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