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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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- Ambuja Cements Ltd - India
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- Metalloyd Limited - United Kingdom
- Mercator Lines Limited - India
- SMC Global Power, Philippines
- Parry Sugars Refinery, India
- Ceylon Electricity Board - Sri Lanka
- The State Trading Corporation of India Ltd
- TeaM Sual Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Thiess Contractors Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aditya Birla Group - India
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- Pendopo Energi Batubara - Indonesia
- Price Waterhouse Coopers - Russia
- Cigading International Bulk Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Binh Thuan Hamico - Vietnam
- Medco Energi Mining Internasional
- Tamil Nadu electricity Board
- Australian Coal Association
- Neyveli Lignite Corporation Ltd, - India
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- Ministry of Finance - Indonesia
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- Dalmia Cement Bharat India
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- Port Waratah Coal Services - Australia
- Karaikal Port Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Madhucon Powers Ltd - India
- India Bulls Power Limited - India
- Renaissance Capital - South Africa
- Kobexindo Tractors - Indoneisa
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- Rashtriya Ispat Nigam Limited - India
- Chettinad Cement Corporation Ltd - India
- LBH Netherlands Bv - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Orica Mining Services - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
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- Economic Council, Georgia
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- Siam City Cement - Thailand
- Heidelberg Cement - Germany
- GVK Power & Infra Limited - India
- White Energy Company Limited
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- Banpu Public Company Limited - Thailand
- South Luzon Thermal Energy Corporation
- Larsen & Toubro Limited - India
- Carbofer General Trading SA - India
- Bhushan Steel Limited - India
- Wood Mackenzie - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Africa Commodities Group - South Africa
- Georgia Ports Authority, United States
- Standard Chartered Bank - UAE
- Chamber of Mines of South Africa
- Coastal Gujarat Power Limited - India
- Mintek Dendrill Indonesia
- Indika Energy - Indonesia
- IEA Clean Coal Centre - UK
- The Treasury - Australian Government
- Semirara Mining and Power Corporation, Philippines
- Parliament of New Zealand
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- Jorong Barutama Greston.PT - Indonesia
- Interocean Group of Companies - India
- Videocon Industries ltd - India
- Manunggal Multi Energi - Indonesia
- Bhoruka Overseas - Indonesia
- European Bulk Services B.V. - Netherlands
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- MS Steel International - UAE
- Grasim Industreis Ltd - India
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- The University of Queensland
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- Sojitz Corporation - Japan
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- Planning Commission, India
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- IHS Mccloskey Coal Group - USA
- Indian Oil Corporation Limited
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- Coal and Oil Company - UAE
- Eastern Energy - Thailand
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Directorate General of MIneral and Coal - Indonesia
- Singapore Mercantile Exchange
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- Energy Development Corp, Philippines
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- Power Finance Corporation Ltd., India
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- Global Coal Blending Company Limited - Australia
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- Maharashtra Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Alfred C Toepfer International GmbH - Germany
- London Commodity Brokers - England
- GAC Shipping (India) Pvt Ltd
- Edison Trading Spa - Italy
- Kideco Jaya Agung - Indonesia
- CIMB Investment Bank - Malaysia
- Eastern Coal Council - USA
- McConnell Dowell - Australia
- Kumho Petrochemical, South Korea
- Attock Cement Pakistan Limited
- SMG Consultants - Indonesia
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- Bangladesh Power Developement Board
- Indonesian Coal Mining Association
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- Pipit Mutiara Jaya. PT, Indonesia
- Jindal Steel & Power Ltd - India
- Samtan Co., Ltd - South Korea
- ASAPP Information Group - India
- Malabar Cements Ltd - India
- Mercuria Energy - Indonesia
- Ministry of Mines - Canada
- Xindia Steels Limited - India
- Rio Tinto Coal - Australia
- Romanian Commodities Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement PLC, Thailand
- Bharathi Cement Corporation - India
- Coalindo Energy - Indonesia
- Australian Commodity Traders Exchange
- Electricity Authority, New Zealand
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- Independent Power Producers Association of India
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- Mjunction Services Limited - India
- Billiton Holdings Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Central Electricity Authority - India
- Trasteel International SA, Italy
- Formosa Plastics Group - Taiwan
- Minerals Council of Australia
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- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
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