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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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- The University of Queensland
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Star Paper Mills Limited - India
- Minerals Council of Australia
- Kalimantan Lumbung Energi - Indonesia
- ASAPP Information Group - India
- New Zealand Coal & Carbon
- Deloitte Consulting - India
- Port Waratah Coal Services - Australia
- Banpu Public Company Limited - Thailand
- CIMB Investment Bank - Malaysia
- Bharathi Cement Corporation - India
- Thai Mozambique Logistica
- International Coal Ventures Pvt Ltd - India
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- PetroVietnam Power Coal Import and Supply Company
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- Bulk Trading Sa - Switzerland
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- Orica Mining Services - Indonesia
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- Parry Sugars Refinery, India
- Energy Link Ltd, New Zealand
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- Renaissance Capital - South Africa
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- Australian Commodity Traders Exchange
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- Global Green Power PLC Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Baramulti Group, Indonesia
- The Treasury - Australian Government
- Petron Corporation, Philippines
- Marubeni Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Sojitz Corporation - Japan
- Indika Energy - Indonesia
- Salva Resources Pvt Ltd - India
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- Savvy Resources Ltd - HongKong
- Mintek Dendrill Indonesia
- Sakthi Sugars Limited - India
- Chettinad Cement Corporation Ltd - India
- Price Waterhouse Coopers - Russia
- Global Coal Blending Company Limited - Australia
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- GVK Power & Infra Limited - India
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- Alfred C Toepfer International GmbH - Germany
- Aboitiz Power Corporation - Philippines
- Merrill Lynch Commodities Europe
- Posco Energy - South Korea
- Siam City Cement PLC, Thailand
- Electricity Generating Authority of Thailand
- Bhatia International Limited - India
- Commonwealth Bank - Australia
- GN Power Mariveles Coal Plant, Philippines
- Larsen & Toubro Limited - India
- Karbindo Abesyapradhi - Indoneisa
- European Bulk Services B.V. - Netherlands
- Kepco SPC Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Interocean Group of Companies - India
- Maheswari Brothers Coal Limited - India
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- Tamil Nadu electricity Board
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- VISA Power Limited - India
- Vizag Seaport Private Limited - India
- Meralco Power Generation, Philippines
- Bukit Makmur.PT - Indonesia
- Australian Coal Association
- Chamber of Mines of South Africa
- Maharashtra Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- OPG Power Generation Pvt Ltd - India
- McConnell Dowell - Australia
- SMC Global Power, Philippines
- Wood Mackenzie - Singapore
- Semirara Mining and Power Corporation, Philippines
- Central Electricity Authority - India
- Indonesian Coal Mining Association
- Ministry of Mines - Canada
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- Cement Manufacturers Association - India
- Indian Oil Corporation Limited
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- Wilmar Investment Holdings
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- MS Steel International - UAE
- Petrochimia International Co. Ltd.- Taiwan
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- Thiess Contractors Indonesia
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- Trasteel International SA, Italy
- Kideco Jaya Agung - Indonesia
- Indian Energy Exchange, India
- Essar Steel Hazira Ltd - India
- Oldendorff Carriers - Singapore
- India Bulls Power Limited - India
- Singapore Mercantile Exchange
- The State Trading Corporation of India Ltd
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- Economic Council, Georgia
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- London Commodity Brokers - England
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- Sindya Power Generating Company Private Ltd
- GMR Energy Limited - India
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- Siam City Cement - Thailand
- Coalindo Energy - Indonesia
- Parliament of New Zealand
- Gujarat Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
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- Romanian Commodities Exchange
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- IHS Mccloskey Coal Group - USA
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