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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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- Jindal Steel & Power Ltd - India
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- Deloitte Consulting - India
- SMC Global Power, Philippines
- Meenaskhi Energy Private Limited - India
- LBH Netherlands Bv - Netherlands
- The University of Queensland
- Latin American Coal - Colombia
- Indika Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- New Zealand Coal & Carbon
- Holcim Trading Pte Ltd - Singapore
- Borneo Indobara - Indonesia
- White Energy Company Limited
- Global Business Power Corporation, Philippines
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- Standard Chartered Bank - UAE
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- Binh Thuan Hamico - Vietnam
- SMG Consultants - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- PowerSource Philippines DevCo
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Georgia Ports Authority, United States
- Barasentosa Lestari - Indonesia
- Ambuja Cements Ltd - India
- McConnell Dowell - Australia
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- Jaiprakash Power Ventures ltd
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- ICICI Bank Limited - India
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- Bukit Makmur.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- Tamil Nadu electricity Board
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- Grasim Industreis Ltd - India
- Carbofer General Trading SA - India
- Mercuria Energy - Indonesia
- Bhatia International Limited - India
- Agrawal Coal Company - India
- Australian Commodity Traders Exchange
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- Madhucon Powers Ltd - India
- Iligan Light & Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
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- Kumho Petrochemical, South Korea
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- Bhoruka Overseas - Indonesia
- Cement Manufacturers Association - India
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- Electricity Authority, New Zealand
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- Chamber of Mines of South Africa
- Krishnapatnam Port Company Ltd. - India
- Trasteel International SA, Italy
- Medco Energi Mining Internasional
- Sical Logistics Limited - India
- GMR Energy Limited - India
- Ceylon Electricity Board - Sri Lanka
- Pipit Mutiara Jaya. PT, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
- Central Electricity Authority - India
- Kepco SPC Power Corporation, Philippines
- Africa Commodities Group - South Africa
- European Bulk Services B.V. - Netherlands
- Electricity Generating Authority of Thailand
- International Coal Ventures Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Wood Mackenzie - Singapore
- Kohat Cement Company Ltd. - Pakistan
- IEA Clean Coal Centre - UK
- Power Finance Corporation Ltd., India
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- The State Trading Corporation of India Ltd
- Eastern Coal Council - USA
- Alfred C Toepfer International GmbH - Germany
- Altura Mining Limited, Indonesia
- Lanco Infratech Ltd - India
- Anglo American - United Kingdom
- Directorate Of Revenue Intelligence - India
- IHS Mccloskey Coal Group - USA
- Maharashtra Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Marubeni Corporation - India
- Kobexindo Tractors - Indoneisa
- Toyota Tsusho Corporation, Japan
- Globalindo Alam Lestari - Indonesia
- Aditya Birla Group - India
- Thai Mozambique Logistica
- MS Steel International - UAE
- PTC India Limited - India
- Planning Commission, India
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- India Bulls Power Limited - India
- Parliament of New Zealand
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- Minerals Council of Australia
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- Parry Sugars Refinery, India
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Sidhee Cement - India
- Merrill Lynch Commodities Europe
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- Global Coal Blending Company Limited - Australia
- Coal and Oil Company - UAE
- Indian Energy Exchange, India
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- Mintek Dendrill Indonesia
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- Renaissance Capital - South Africa
- TeaM Sual Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Commonwealth Bank - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Goldman Sachs - Singapore
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
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- Sinarmas Energy and Mining - Indonesia
- Mjunction Services Limited - India
- Australian Coal Association
- Posco Energy - South Korea
- Meralco Power Generation, Philippines
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Ministry of Mines - Canada
- South Luzon Thermal Energy Corporation
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- Bangladesh Power Developement Board
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- Economic Council, Georgia
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- Orica Australia Pty. Ltd.
- Bulk Trading Sa - Switzerland
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- Jorong Barutama Greston.PT - Indonesia
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- Dalmia Cement Bharat India
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