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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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- Wood Mackenzie - Singapore
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- Karbindo Abesyapradhi - Indoneisa
- Renaissance Capital - South Africa
- Ambuja Cements Ltd - India
- Salva Resources Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Kaltim Prima Coal - Indonesia
- Mercuria Energy - Indonesia
- IHS Mccloskey Coal Group - USA
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Mining Services - Indonesia
- Edison Trading Spa - Italy
- Kapuas Tunggal Persada - Indonesia
- ASAPP Information Group - India
- Semirara Mining Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
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- Eastern Energy - Thailand
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- LBH Netherlands Bv - Netherlands
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- SMG Consultants - Indonesia
- Ministry of Finance - Indonesia
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- Parry Sugars Refinery, India
- Iligan Light & Power Inc, Philippines
- Coal and Oil Company - UAE
- Jindal Steel & Power Ltd - India
- Electricity Generating Authority of Thailand
- Gujarat Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- IEA Clean Coal Centre - UK
- GMR Energy Limited - India
- Australian Commodity Traders Exchange
- McConnell Dowell - Australia
- Deloitte Consulting - India
- Goldman Sachs - Singapore
- PTC India Limited - India
- Karaikal Port Pvt Ltd - India
- Meralco Power Generation, Philippines
- Riau Bara Harum - Indonesia
- Rio Tinto Coal - Australia
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- Merrill Lynch Commodities Europe
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- Indogreen Group - Indonesia
- Thiess Contractors Indonesia
- Kideco Jaya Agung - Indonesia
- OPG Power Generation Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Thai Mozambique Logistica
- Minerals Council of Australia
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- European Bulk Services B.V. - Netherlands
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- The State Trading Corporation of India Ltd
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- Bukit Makmur.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Global Coal Blending Company Limited - Australia
- Ind-Barath Power Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Binh Thuan Hamico - Vietnam
- Videocon Industries ltd - India
- Electricity Authority, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Therma Luzon, Inc, Philippines
- Indian Energy Exchange, India
- Siam City Cement PLC, Thailand
- Petron Corporation, Philippines
- SMC Global Power, Philippines
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- London Commodity Brokers - England
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- PNOC Exploration Corporation - Philippines
- CNBM International Corporation - China
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- Sojitz Corporation - Japan
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- Jorong Barutama Greston.PT - Indonesia
- Heidelberg Cement - Germany
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- Pendopo Energi Batubara - Indonesia
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- Miang Besar Coal Terminal - Indonesia
- New Zealand Coal & Carbon
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- Bahari Cakrawala Sebuku - Indonesia
- GVK Power & Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Orica Australia Pty. Ltd.
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- Parliament of New Zealand
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- Altura Mining Limited, Indonesia
- Larsen & Toubro Limited - India
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- Bulk Trading Sa - Switzerland
- Mjunction Services Limited - India
- Tata Chemicals Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Coal Association
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- Latin American Coal - Colombia
- Indo Tambangraya Megah - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
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- Chamber of Mines of South Africa
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- Metalloyd Limited - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Mines - Canada
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- Vedanta Resources Plc - India
- Cement Manufacturers Association - India
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- Simpson Spence & Young - Indonesia
- Oldendorff Carriers - Singapore
- Commonwealth Bank - Australia
- Leighton Contractors Pty Ltd - Australia
- Eastern Coal Council - USA
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- Aditya Birla Group - India
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- The Treasury - Australian Government
- The University of Queensland
- Economic Council, Georgia
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- Bhatia International Limited - India
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- Directorate General of MIneral and Coal - Indonesia
- Posco Energy - South Korea
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- VISA Power Limited - India
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