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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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- Goldman Sachs - Singapore
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Independent Power Producers Association of India
- Heidelberg Cement - Germany
- Ministry of Transport, Egypt
- Larsen & Toubro Limited - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Holcim Trading Pte Ltd - Singapore
- Jindal Steel & Power Ltd - India
- Attock Cement Pakistan Limited
- Electricity Authority, New Zealand
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- SMG Consultants - Indonesia
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- Petron Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- McConnell Dowell - Australia
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- Karbindo Abesyapradhi - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Finance - Indonesia
- Sical Logistics Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Mjunction Services Limited - India
- Coalindo Energy - Indonesia
- Wilmar Investment Holdings
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- Deloitte Consulting - India
- Cement Manufacturers Association - India
- Kobexindo Tractors - Indoneisa
- The State Trading Corporation of India Ltd
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- Star Paper Mills Limited - India
- Thiess Contractors Indonesia
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- Cigading International Bulk Terminal - Indonesia
- Tamil Nadu electricity Board
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- PetroVietnam Power Coal Import and Supply Company
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- Bulk Trading Sa - Switzerland
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- Eastern Coal Council - USA
- Merrill Lynch Commodities Europe
- Economic Council, Georgia
- Port Waratah Coal Services - Australia
- Essar Steel Hazira Ltd - India
- The Treasury - Australian Government
- Orica Mining Services - Indonesia
- Planning Commission, India
- Renaissance Capital - South Africa
- Gujarat Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Chamber of Mines of South Africa
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- AsiaOL BioFuels Corp., Philippines
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- Xindia Steels Limited - India
- Romanian Commodities Exchange
- Sakthi Sugars Limited - India
- Metalloyd Limited - United Kingdom
- SN Aboitiz Power Inc, Philippines
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- Parliament of New Zealand
- Maheswari Brothers Coal Limited - India
- Bukit Baiduri Energy - Indonesia
- ASAPP Information Group - India
- Standard Chartered Bank - UAE
- Trasteel International SA, Italy
- Australian Coal Association
- Ceylon Electricity Board - Sri Lanka
- MS Steel International - UAE
- Rashtriya Ispat Nigam Limited - India
- Jaiprakash Power Ventures ltd
- Bhatia International Limited - India
- Siam City Cement - Thailand
- Central Electricity Authority - India
- IHS Mccloskey Coal Group - USA
- Bhoruka Overseas - Indonesia
- London Commodity Brokers - England
- Interocean Group of Companies - India
- Coastal Gujarat Power Limited - India
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- Indian Oil Corporation Limited
- Africa Commodities Group - South Africa
- Binh Thuan Hamico - Vietnam
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- Ministry of Mines - Canada
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- Sarangani Energy Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Samtan Co., Ltd - South Korea
- Formosa Plastics Group - Taiwan
- International Coal Ventures Pvt Ltd - India
- Eastern Energy - Thailand
- Borneo Indobara - Indonesia
- Simpson Spence & Young - Indonesia
- Agrawal Coal Company - India
- Baramulti Group, Indonesia
- Central Java Power - Indonesia
- Georgia Ports Authority, United States
- Edison Trading Spa - Italy
- Timah Investasi Mineral - Indoneisa
- Indian Energy Exchange, India
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- Bangladesh Power Developement Board
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- Anglo American - United Kingdom
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- Toyota Tsusho Corporation, Japan
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- Wood Mackenzie - Singapore
- Vedanta Resources Plc - India
- White Energy Company Limited
- SMC Global Power, Philippines
- Australian Commodity Traders Exchange
- GVK Power & Infra Limited - India
- Vizag Seaport Private Limited - India
- CNBM International Corporation - China
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- Globalindo Alam Lestari - Indonesia
- Energy Development Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Coal and Oil Company - UAE
- Semirara Mining and Power Corporation, Philippines
- The University of Queensland
- Price Waterhouse Coopers - Russia
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- Power Finance Corporation Ltd., India
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- Sojitz Corporation - Japan
- Energy Link Ltd, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Videocon Industries ltd - India
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