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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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- Ministry of Mines - Canada
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- Kartika Selabumi Mining - Indonesia
- Electricity Authority, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Petron Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Chamber of Mines of South Africa
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Sical Logistics Limited - India
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- Goldman Sachs - Singapore
- Global Green Power PLC Corporation, Philippines
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- London Commodity Brokers - England
- Bhushan Steel Limited - India
- Coastal Gujarat Power Limited - India
- Kideco Jaya Agung - Indonesia
- ASAPP Information Group - India
- Kobexindo Tractors - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bangladesh Power Developement Board
- Barasentosa Lestari - Indonesia
- Commonwealth Bank - Australia
- Parliament of New Zealand
- Metalloyd Limited - United Kingdom
- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
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- Meralco Power Generation, Philippines
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- Central Electricity Authority - India
- Samtan Co., Ltd - South Korea
- European Bulk Services B.V. - Netherlands
- Thiess Contractors Indonesia
- PTC India Limited - India
- Savvy Resources Ltd - HongKong
- Bhoruka Overseas - Indonesia
- New Zealand Coal & Carbon
- Aboitiz Power Corporation - Philippines
- Siam City Cement PLC, Thailand
- Marubeni Corporation - India
- IHS Mccloskey Coal Group - USA
- Ministry of Finance - Indonesia
- Romanian Commodities Exchange
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- Indika Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
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- Kalimantan Lumbung Energi - Indonesia
- Port Waratah Coal Services - Australia
- Planning Commission, India
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- PNOC Exploration Corporation - Philippines
- Carbofer General Trading SA - India
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- Mintek Dendrill Indonesia
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- Kohat Cement Company Ltd. - Pakistan
- Economic Council, Georgia
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- Edison Trading Spa - Italy
- IEA Clean Coal Centre - UK
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- Sakthi Sugars Limited - India
- SMC Global Power, Philippines
- Attock Cement Pakistan Limited
- Orica Australia Pty. Ltd.
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- Asmin Koalindo Tuhup - Indonesia
- TeaM Sual Corporation - Philippines
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- Bukit Asam (Persero) Tbk - Indonesia
- Minerals Council of Australia
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- Rashtriya Ispat Nigam Limited - India
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- Australian Coal Association
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- Singapore Mercantile Exchange
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- India Bulls Power Limited - India
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- Indian Oil Corporation Limited
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- Bukit Makmur.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- McConnell Dowell - Australia
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- Borneo Indobara - Indonesia
- Energy Link Ltd, New Zealand
- Thai Mozambique Logistica
- Malabar Cements Ltd - India
- Aditya Birla Group - India
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- Global Coal Blending Company Limited - Australia
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- The University of Queensland
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- Price Waterhouse Coopers - Russia
- Alfred C Toepfer International GmbH - Germany
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- Gujarat Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
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- Eastern Coal Council - USA
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- Wood Mackenzie - Singapore
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- The State Trading Corporation of India Ltd
- Electricity Generating Authority of Thailand
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- GVK Power & Infra Limited - India
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Billiton Holdings Pty Ltd - Australia
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- Trasteel International SA, Italy
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- Africa Commodities Group - South Africa
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- Maheswari Brothers Coal Limited - India
- Interocean Group of Companies - India
- Indonesian Coal Mining Association
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- Ceylon Electricity Board - Sri Lanka
- Indian Energy Exchange, India
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