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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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- Intertek Mineral Services - Indonesia
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- Thiess Contractors Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- TeaM Sual Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Minerals Council of Australia
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- Uttam Galva Steels Limited - India
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- MS Steel International - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Generating Authority of Thailand
- Semirara Mining Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
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- Savvy Resources Ltd - HongKong
- Wilmar Investment Holdings
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- Ministry of Mines - Canada
- Sakthi Sugars Limited - India
- Siam City Cement - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhatia International Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- London Commodity Brokers - England
- Kaltim Prima Coal - Indonesia
- Riau Bara Harum - Indonesia
- Tamil Nadu electricity Board
- White Energy Company Limited
- Essar Steel Hazira Ltd - India
- Goldman Sachs - Singapore
- Rashtriya Ispat Nigam Limited - India
- Bhushan Steel Limited - India
- Miang Besar Coal Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- Indian Energy Exchange, India
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- Karaikal Port Pvt Ltd - India
- Xindia Steels Limited - India
- Agrawal Coal Company - India
- Bukit Baiduri Energy - Indonesia
- IHS Mccloskey Coal Group - USA
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- Eastern Coal Council - USA
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- Pendopo Energi Batubara - Indonesia
- Bulk Trading Sa - Switzerland
- Mjunction Services Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- New Zealand Coal & Carbon
- Ind-Barath Power Infra Limited - India
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- Star Paper Mills Limited - India
- Australian Commodity Traders Exchange
- Therma Luzon, Inc, Philippines
- Interocean Group of Companies - India
- Krishnapatnam Port Company Ltd. - India
- SMG Consultants - Indonesia
- Commonwealth Bank - Australia
- Alfred C Toepfer International GmbH - Germany
- Edison Trading Spa - Italy
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- Larsen & Toubro Limited - India
- LBH Netherlands Bv - Netherlands
- GMR Energy Limited - India
- Sinarmas Energy and Mining - Indonesia
- Parry Sugars Refinery, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Eastern Energy - Thailand
- The Treasury - Australian Government
- Global Green Power PLC Corporation, Philippines
- Africa Commodities Group - South Africa
- Cement Manufacturers Association - India
- Toyota Tsusho Corporation, Japan
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- Planning Commission, India
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- Power Finance Corporation Ltd., India
- Indonesian Coal Mining Association
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- Price Waterhouse Coopers - Russia
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- GAC Shipping (India) Pvt Ltd
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- Directorate General of MIneral and Coal - Indonesia
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- Malabar Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- Orica Mining Services - Indonesia
- Parliament of New Zealand
- Standard Chartered Bank - UAE
- Jindal Steel & Power Ltd - India
- PowerSource Philippines DevCo
- Sindya Power Generating Company Private Ltd
- Ceylon Electricity Board - Sri Lanka
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- Independent Power Producers Association of India
- Indian Oil Corporation Limited
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- IEA Clean Coal Centre - UK
- Samtan Co., Ltd - South Korea
- Bukit Makmur.PT - Indonesia
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Australian Coal Association
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- San Jose City I Power Corp, Philippines
- Carbofer General Trading SA - India
- Trasteel International SA, Italy
- Economic Council, Georgia
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