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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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- Iligan Light & Power Inc, Philippines
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- Indogreen Group - Indonesia
- Australian Commodity Traders Exchange
- Formosa Plastics Group - Taiwan
- Anglo American - United Kingdom
- LBH Netherlands Bv - Netherlands
- Madhucon Powers Ltd - India
- Jaiprakash Power Ventures ltd
- Commonwealth Bank - Australia
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- Siam City Cement - Thailand
- Global Green Power PLC Corporation, Philippines
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- Bukit Makmur.PT - Indonesia
- India Bulls Power Limited - India
- MS Steel International - UAE
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- Jorong Barutama Greston.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Eastern Coal Council - USA
- GMR Energy Limited - India
- Parry Sugars Refinery, India
- GVK Power & Infra Limited - India
- Aditya Birla Group - India
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- Karbindo Abesyapradhi - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Price Waterhouse Coopers - Russia
- Petrochimia International Co. Ltd.- Taiwan
- Indian Oil Corporation Limited
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- Eastern Energy - Thailand
- Metalloyd Limited - United Kingdom
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Sarangani Energy Corporation, Philippines
- Trasteel International SA, Italy
- Parliament of New Zealand
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- Leighton Contractors Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Central Electricity Authority - India
- Vizag Seaport Private Limited - India
- Bhushan Steel Limited - India
- Africa Commodities Group - South Africa
- Australian Coal Association
- White Energy Company Limited
- London Commodity Brokers - England
- Ambuja Cements Ltd - India
- Romanian Commodities Exchange
- Larsen & Toubro Limited - India
- Electricity Authority, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Carbofer General Trading SA - India
- Banpu Public Company Limited - Thailand
- ICICI Bank Limited - India
- Orica Australia Pty. Ltd.
- Videocon Industries ltd - India
- Minerals Council of Australia
- Straits Asia Resources Limited - Singapore
- McConnell Dowell - Australia
- Bulk Trading Sa - Switzerland
- The State Trading Corporation of India Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Riau Bara Harum - Indonesia
- European Bulk Services B.V. - Netherlands
- Attock Cement Pakistan Limited
- Kaltim Prima Coal - Indonesia
- Rio Tinto Coal - Australia
- Essar Steel Hazira Ltd - India
- TeaM Sual Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Barasentosa Lestari - Indonesia
- Heidelberg Cement - Germany
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- Indonesian Coal Mining Association
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- Renaissance Capital - South Africa
- Georgia Ports Authority, United States
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- Sakthi Sugars Limited - India
- Port Waratah Coal Services - Australia
- Kepco SPC Power Corporation, Philippines
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- ASAPP Information Group - India
- Chamber of Mines of South Africa
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- Toyota Tsusho Corporation, Japan
- Coalindo Energy - Indonesia
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- Indian Energy Exchange, India
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- Energy Link Ltd, New Zealand
- Coal and Oil Company - UAE
- Merrill Lynch Commodities Europe
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- CNBM International Corporation - China
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- Posco Energy - South Korea
- Kobexindo Tractors - Indoneisa
- Ministry of Mines - Canada
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- PetroVietnam Power Coal Import and Supply Company
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cement Manufacturers Association - India
- Kapuas Tunggal Persada - Indonesia
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- Global Business Power Corporation, Philippines
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