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Friday, 14 August 09
INDONESIA COAL-PRICES FALL TO $74, INDIA EYES SEPT CARGOES
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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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Interocean Group of Companies - India
- Ministry of Transport, Egypt
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- Mercuria Energy - Indonesia
- Anglo American - United Kingdom
- ICICI Bank Limited - India
- Agrawal Coal Company - India
- Minerals Council of Australia
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- Heidelberg Cement - Germany
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- Mintek Dendrill Indonesia
- Global Coal Blending Company Limited - Australia
- Georgia Ports Authority, United States
- Kumho Petrochemical, South Korea
- European Bulk Services B.V. - Netherlands
- Medco Energi Mining Internasional
- Directorate Of Revenue Intelligence - India
- Aboitiz Power Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
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- IEA Clean Coal Centre - UK
- Ministry of Finance - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Videocon Industries ltd - India
- Africa Commodities Group - South Africa
- Rio Tinto Coal - Australia
- Krishnapatnam Port Company Ltd. - India
- Ministry of Mines - Canada
- Directorate General of MIneral and Coal - Indonesia
- Oldendorff Carriers - Singapore
- Jindal Steel & Power Ltd - India
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- Sindya Power Generating Company Private Ltd
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Kapuas Tunggal Persada - Indonesia
- Iligan Light & Power Inc, Philippines
- PowerSource Philippines DevCo
- Bukit Baiduri Energy - Indonesia
- Thai Mozambique Logistica
- The Treasury - Australian Government
- Edison Trading Spa - Italy
- Electricity Authority, New Zealand
- ASAPP Information Group - India
- Aditya Birla Group - India
- Indogreen Group - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
- Bayan Resources Tbk. - Indonesia
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- Sarangani Energy Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- VISA Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Price Waterhouse Coopers - Russia
- Eastern Coal Council - USA
- Bangladesh Power Developement Board
- Chamber of Mines of South Africa
- MS Steel International - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Baramulti Group, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Sidhee Cement - India
- Energy Link Ltd, New Zealand
- Binh Thuan Hamico - Vietnam
- Bhatia International Limited - India
- Sojitz Corporation - Japan
- Toyota Tsusho Corporation, Japan
- Mercator Lines Limited - India
- Ind-Barath Power Infra Limited - India
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- Goldman Sachs - Singapore
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- Economic Council, Georgia
- Petron Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining Corp, Philippines
- Coastal Gujarat Power Limited - India
- Wood Mackenzie - Singapore
- White Energy Company Limited
- Bhoruka Overseas - Indonesia
- Kartika Selabumi Mining - Indonesia
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- Standard Chartered Bank - UAE
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- SMC Global Power, Philippines
- Central Electricity Authority - India
- Simpson Spence & Young - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Global Business Power Corporation, Philippines
- London Commodity Brokers - England
- Tata Chemicals Ltd - India
- Thiess Contractors Indonesia
- Grasim Industreis Ltd - India
- Planning Commission, India
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- Coal and Oil Company - UAE
- Singapore Mercantile Exchange
- Sakthi Sugars Limited - India
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- McConnell Dowell - Australia
- Manunggal Multi Energi - Indonesia
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- Indonesian Coal Mining Association
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- Independent Power Producers Association of India
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- Parliament of New Zealand
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- Gujarat Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- SMG Consultants - Indonesia
- Bulk Trading Sa - Switzerland
- Commonwealth Bank - Australia
- Dalmia Cement Bharat India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Mineral Development Corp Ltd - India
- Coalindo Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Bharathi Cement Corporation - India
- Parry Sugars Refinery, India
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- India Bulls Power Limited - India
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