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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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- Therma Luzon, Inc, Philippines
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- Romanian Commodities Exchange
- The University of Queensland
- Kapuas Tunggal Persada - Indonesia
- Makarim & Taira - Indonesia
- Central Electricity Authority - India
- Manunggal Multi Energi - Indonesia
- Australian Coal Association
- Malabar Cements Ltd - India
- Vizag Seaport Private Limited - India
- ASAPP Information Group - India
- IEA Clean Coal Centre - UK
- Bangladesh Power Developement Board
- Leighton Contractors Pty Ltd - Australia
- GVK Power & Infra Limited - India
- GMR Energy Limited - India
- Parry Sugars Refinery, India
- Port Waratah Coal Services - Australia
- Africa Commodities Group - South Africa
- Ministry of Mines - Canada
- European Bulk Services B.V. - Netherlands
- Global Coal Blending Company Limited - Australia
- Ministry of Transport, Egypt
- SMC Global Power, Philippines
- Vedanta Resources Plc - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- VISA Power Limited - India
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- Eastern Energy - Thailand
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- Cement Manufacturers Association - India
- Simpson Spence & Young - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Sojitz Corporation - Japan
- Bukit Baiduri Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Madhucon Powers Ltd - India
- Energy Link Ltd, New Zealand
- Sical Logistics Limited - India
- Cigading International Bulk Terminal - Indonesia
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- Indian Oil Corporation Limited
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- Alfred C Toepfer International GmbH - Germany
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- Heidelberg Cement - Germany
- Indogreen Group - Indonesia
- South Luzon Thermal Energy Corporation
- TNB Fuel Sdn Bhd - Malaysia
- Star Paper Mills Limited - India
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- Orica Australia Pty. Ltd.
- Videocon Industries ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Kepco SPC Power Corporation, Philippines
- Siam City Cement - Thailand
- Commonwealth Bank - Australia
- Bhoruka Overseas - Indonesia
- Indian Energy Exchange, India
- MS Steel International - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- CNBM International Corporation - China
- Meenaskhi Energy Private Limited - India
- SMG Consultants - Indonesia
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- New Zealand Coal & Carbon
- Economic Council, Georgia
- Global Business Power Corporation, Philippines
- Bhatia International Limited - India
- Binh Thuan Hamico - Vietnam
- Eastern Coal Council - USA
- Lanco Infratech Ltd - India
- Siam City Cement PLC, Thailand
- Orica Mining Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Uttam Galva Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
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- Neyveli Lignite Corporation Ltd, - India
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- PowerSource Philippines DevCo
- Renaissance Capital - South Africa
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- Thai Mozambique Logistica
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- The Treasury - Australian Government
- Energy Development Corp, Philippines
- White Energy Company Limited
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- Asmin Koalindo Tuhup - Indonesia
- Singapore Mercantile Exchange
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- Barasentosa Lestari - Indonesia
- India Bulls Power Limited - India
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- Trasteel International SA, Italy
- CIMB Investment Bank - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Merrill Lynch Commodities Europe
- PNOC Exploration Corporation - Philippines
- Chamber of Mines of South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- PTC India Limited - India
- Sarangani Energy Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Thiess Contractors Indonesia
- Planning Commission, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- IHS Mccloskey Coal Group - USA
- Medco Energi Mining Internasional
- London Commodity Brokers - England
- Mintek Dendrill Indonesia
- Maheswari Brothers Coal Limited - India
- Central Java Power - Indonesia
- Ind-Barath Power Infra Limited - India
- Minerals Council of Australia
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- Bayan Resources Tbk. - Indonesia
- Tamil Nadu electricity Board
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- SN Aboitiz Power Inc, Philippines
- Goldman Sachs - Singapore
- Parliament of New Zealand
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- Coal and Oil Company - UAE
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
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- Pendopo Energi Batubara - Indonesia
- LBH Netherlands Bv - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Savvy Resources Ltd - HongKong
- TeaM Sual Corporation - Philippines
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