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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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- San Jose City I Power Corp, Philippines
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- Mjunction Services Limited - India
- Central Java Power - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Altura Mining Limited, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement PLC, Thailand
- Standard Chartered Bank - UAE
- McConnell Dowell - Australia
- Directorate General of MIneral and Coal - Indonesia
- Romanian Commodities Exchange
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- Semirara Mining and Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Maharashtra Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
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- Heidelberg Cement - Germany
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- GN Power Mariveles Coal Plant, Philippines
- Posco Energy - South Korea
- Sinarmas Energy and Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Ministry of Mines - Canada
- White Energy Company Limited
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- Orica Mining Services - Indonesia
- Marubeni Corporation - India
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- Singapore Mercantile Exchange
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- Borneo Indobara - Indonesia
- The Treasury - Australian Government
- Baramulti Group, Indonesia
- GVK Power & Infra Limited - India
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- Ceylon Electricity Board - Sri Lanka
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- Oldendorff Carriers - Singapore
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- IEA Clean Coal Centre - UK
- Bangladesh Power Developement Board
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- Gujarat Electricity Regulatory Commission - India
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- Global Coal Blending Company Limited - Australia
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- International Coal Ventures Pvt Ltd - India
- Trasteel International SA, Italy
- Medco Energi Mining Internasional
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- OPG Power Generation Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Toyota Tsusho Corporation, Japan
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- Deloitte Consulting - India
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- Global Business Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Bharathi Cement Corporation - India
- Energy Link Ltd, New Zealand
- Minerals Council of Australia
- Jindal Steel & Power Ltd - India
- Mercuria Energy - Indonesia
- Merrill Lynch Commodities Europe
- Coastal Gujarat Power Limited - India
- Carbofer General Trading SA - India
- Karbindo Abesyapradhi - Indoneisa
- Power Finance Corporation Ltd., India
- Edison Trading Spa - Italy
- Alfred C Toepfer International GmbH - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Rio Tinto Coal - Australia
- Maheswari Brothers Coal Limited - India
- Coalindo Energy - Indonesia
- Wilmar Investment Holdings
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- ICICI Bank Limited - India
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- SMC Global Power, Philippines
- Semirara Mining Corp, Philippines
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- The University of Queensland
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- Cement Manufacturers Association - India
- Africa Commodities Group - South Africa
- Goldman Sachs - Singapore
- Indogreen Group - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Indian Oil Corporation Limited
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- Barasentosa Lestari - Indonesia
- Interocean Group of Companies - India
- Ministry of Transport, Egypt
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- Planning Commission, India
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- Ministry of Finance - Indonesia
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- Thiess Contractors Indonesia
- Mintek Dendrill Indonesia
- Parliament of New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- LBH Netherlands Bv - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Banpu Public Company Limited - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Dalmia Cement Bharat India
- Ambuja Cements Ltd - India
- PowerSource Philippines DevCo
- Chamber of Mines of South Africa
- Binh Thuan Hamico - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- Sojitz Corporation - Japan
- TeaM Sual Corporation - Philippines
- Anglo American - United Kingdom
- Malabar Cements Ltd - India
- Aditya Birla Group - India
- Indian Energy Exchange, India
- Wood Mackenzie - Singapore
- The State Trading Corporation of India Ltd
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- Globalindo Alam Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
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- Eastern Coal Council - USA
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- Economic Council, Georgia
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- Australian Commodity Traders Exchange
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- Electricity Authority, New Zealand
- Australian Coal Association
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