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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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- Romanian Commodities Exchange
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- White Energy Company Limited
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- Parry Sugars Refinery, India
- Marubeni Corporation - India
- Aditya Birla Group - India
- Central Java Power - Indonesia
- Trasteel International SA, Italy
- Meralco Power Generation, Philippines
- Bhushan Steel Limited - India
- South Luzon Thermal Energy Corporation
- Siam City Cement - Thailand
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- IHS Mccloskey Coal Group - USA
- Ceylon Electricity Board - Sri Lanka
- European Bulk Services B.V. - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- The University of Queensland
- Directorate General of MIneral and Coal - Indonesia
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- Ministry of Mines - Canada
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- Borneo Indobara - Indonesia
- Vedanta Resources Plc - India
- Orica Australia Pty. Ltd.
- Heidelberg Cement - Germany
- Maheswari Brothers Coal Limited - India
- Mercuria Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Uttam Galva Steels Limited - India
- ASAPP Information Group - India
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- Minerals Council of Australia
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- Economic Council, Georgia
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- Siam City Cement PLC, Thailand
- Karbindo Abesyapradhi - Indoneisa
- GMR Energy Limited - India
- Alfred C Toepfer International GmbH - Germany
- Sarangani Energy Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Star Paper Mills Limited - India
- Baramulti Group, Indonesia
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Bangladesh Power Developement Board
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- Global Coal Blending Company Limited - Australia
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- Jaiprakash Power Ventures ltd
- Bharathi Cement Corporation - India
- PowerSource Philippines DevCo
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- Coalindo Energy - Indonesia
- Georgia Ports Authority, United States
- Petrochimia International Co. Ltd.- Taiwan
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- Independent Power Producers Association of India
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- Standard Chartered Bank - UAE
- Sakthi Sugars Limited - India
- Binh Thuan Hamico - Vietnam
- Sree Jayajothi Cements Limited - India
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- Attock Cement Pakistan Limited
- Bhoruka Overseas - Indonesia
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- Dalmia Cement Bharat India
- Samtan Co., Ltd - South Korea
- Makarim & Taira - Indonesia
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- Bulk Trading Sa - Switzerland
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- Indonesian Coal Mining Association
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- Chettinad Cement Corporation Ltd - India
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- Directorate Of Revenue Intelligence - India
- India Bulls Power Limited - India
- Rio Tinto Coal - Australia
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- Billiton Holdings Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
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- Latin American Coal - Colombia
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- Cement Manufacturers Association - India
- Ambuja Cements Ltd - India
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- Renaissance Capital - South Africa
- Wilmar Investment Holdings
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- AsiaOL BioFuels Corp., Philippines
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- Ministry of Transport, Egypt
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- Indian Oil Corporation Limited
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- Pipit Mutiara Jaya. PT, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ind-Barath Power Infra Limited - India
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- Parliament of New Zealand
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- Indian Energy Exchange, India
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- Intertek Mineral Services - Indonesia
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- Sical Logistics Limited - India
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- Xindia Steels Limited - India
- OPG Power Generation Pvt Ltd - India
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- IEA Clean Coal Centre - UK
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