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Friday, 14 August 09
INDONESIA COAL-PRICES FALL TO $74, INDIA EYES SEPT CARGOES
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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- Videocon Industries ltd - India
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- Karbindo Abesyapradhi - Indoneisa
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- Mintek Dendrill Indonesia
- Lanco Infratech Ltd - India
- Ministry of Mines - Canada
- Marubeni Corporation - India
- MS Steel International - UAE
- Renaissance Capital - South Africa
- Australian Coal Association
- Sindya Power Generating Company Private Ltd
- Bhoruka Overseas - Indonesia
- Kaltim Prima Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Medco Energi Mining Internasional
- SMC Global Power, Philippines
- AsiaOL BioFuels Corp., Philippines
- Africa Commodities Group - South Africa
- Maharashtra Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Power Finance Corporation Ltd., India
- Ministry of Transport, Egypt
- Indogreen Group - Indonesia
- Bangladesh Power Developement Board
- Petron Corporation, Philippines
- Coastal Gujarat Power Limited - India
- PTC India Limited - India
- White Energy Company Limited
- Georgia Ports Authority, United States
- CIMB Investment Bank - Malaysia
- Gujarat Sidhee Cement - India
- Independent Power Producers Association of India
- Global Coal Blending Company Limited - Australia
- Mjunction Services Limited - India
- London Commodity Brokers - England
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- Jaiprakash Power Ventures ltd
- Siam City Cement PLC, Thailand
- Chamber of Mines of South Africa
- Alfred C Toepfer International GmbH - Germany
- ICICI Bank Limited - India
- Billiton Holdings Pty Ltd - Australia
- Indian Energy Exchange, India
- Directorate General of MIneral and Coal - Indonesia
- Coal and Oil Company - UAE
- TeaM Sual Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Maheswari Brothers Coal Limited - India
- International Coal Ventures Pvt Ltd - India
- Sojitz Corporation - Japan
- PetroVietnam Power Coal Import and Supply Company
- Vedanta Resources Plc - India
- Samtan Co., Ltd - South Korea
- Mercuria Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Interocean Group of Companies - India
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- Price Waterhouse Coopers - Russia
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- India Bulls Power Limited - India
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- Merrill Lynch Commodities Europe
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- CNBM International Corporation - China
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- Posco Energy - South Korea
- Kobexindo Tractors - Indoneisa
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining Corp, Philippines
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- SN Aboitiz Power Inc, Philippines
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- Bhushan Steel Limited - India
- Thiess Contractors Indonesia
- Uttam Galva Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Goldman Sachs - Singapore
- Global Business Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Aditya Birla Group - India
- Siam City Cement - Thailand
- Larsen & Toubro Limited - India
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- Electricity Authority, New Zealand
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- Thai Mozambique Logistica
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- Formosa Plastics Group - Taiwan
- IEA Clean Coal Centre - UK
- Intertek Mineral Services - Indonesia
- Eastern Energy - Thailand
- South Luzon Thermal Energy Corporation
- Kalimantan Lumbung Energi - Indonesia
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- Semirara Mining and Power Corporation, Philippines
- Indonesian Coal Mining Association
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- Energy Link Ltd, New Zealand
- Planning Commission, India
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- New Zealand Coal & Carbon
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- Metalloyd Limited - United Kingdom
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- The University of Queensland
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- Minerals Council of Australia
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- Attock Cement Pakistan Limited
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- Cigading International Bulk Terminal - Indonesia
- Electricity Generating Authority of Thailand
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