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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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- Neyveli Lignite Corporation Ltd, - India
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- Australian Coal Association
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- Indian Oil Corporation Limited
- Bhoruka Overseas - Indonesia
- Global Coal Blending Company Limited - Australia
- Ministry of Mines - Canada
- Indo Tambangraya Megah - Indonesia
- Timah Investasi Mineral - Indoneisa
- Edison Trading Spa - Italy
- Manunggal Multi Energi - Indonesia
- Malabar Cements Ltd - India
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- The University of Queensland
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- San Jose City I Power Corp, Philippines
- The State Trading Corporation of India Ltd
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- Semirara Mining Corp, Philippines
- Ministry of Transport, Egypt
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- Tata Chemicals Ltd - India
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- Barasentosa Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- PNOC Exploration Corporation - Philippines
- Port Waratah Coal Services - Australia
- Australian Commodity Traders Exchange
- LBH Netherlands Bv - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
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- Kohat Cement Company Ltd. - Pakistan
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- Bhatia International Limited - India
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- GMR Energy Limited - India
- Siam City Cement PLC, Thailand
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- Baramulti Group, Indonesia
- Independent Power Producers Association of India
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- Indian Energy Exchange, India
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- Agrawal Coal Company - India
- Straits Asia Resources Limited - Singapore
- Renaissance Capital - South Africa
- Borneo Indobara - Indonesia
- Grasim Industreis Ltd - India
- ASAPP Information Group - India
- Price Waterhouse Coopers - Russia
- Coalindo Energy - Indonesia
- Cement Manufacturers Association - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- White Energy Company Limited
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- Parry Sugars Refinery, India
- Siam City Cement - Thailand
- Oldendorff Carriers - Singapore
- Heidelberg Cement - Germany
- Indogreen Group - Indonesia
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- Thai Mozambique Logistica
- Electricity Authority, New Zealand
- Posco Energy - South Korea
- Kartika Selabumi Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Kaltim Prima Coal - Indonesia
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- Indonesian Coal Mining Association
- New Zealand Coal & Carbon
- Toyota Tsusho Corporation, Japan
- Bulk Trading Sa - Switzerland
- Tamil Nadu electricity Board
- IEA Clean Coal Centre - UK
- Bahari Cakrawala Sebuku - Indonesia
- Trasteel International SA, Italy
- Xindia Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Vedanta Resources Plc - India
- Globalindo Alam Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- The Treasury - Australian Government
- Vizag Seaport Private Limited - India
- Interocean Group of Companies - India
- European Bulk Services B.V. - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Finance - Indonesia
- Chamber of Mines of South Africa
- McConnell Dowell - Australia
- Commonwealth Bank - Australia
- London Commodity Brokers - England
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- Minerals Council of Australia
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- Parliament of New Zealand
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- Kalimantan Lumbung Energi - Indonesia
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- Metalloyd Limited - United Kingdom
- Carbofer General Trading SA - India
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- SN Aboitiz Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
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