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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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- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Pipit Mutiara Jaya. PT, Indonesia
- Anglo American - United Kingdom
- Australian Commodity Traders Exchange
- The Treasury - Australian Government
- Minerals Council of Australia
- Orica Mining Services - Indonesia
- Indian Energy Exchange, India
- Savvy Resources Ltd - HongKong
- San Jose City I Power Corp, Philippines
- Merrill Lynch Commodities Europe
- Ambuja Cements Ltd - India
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- Maheswari Brothers Coal Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Coal Blending Company Limited - Australia
- European Bulk Services B.V. - Netherlands
- Sree Jayajothi Cements Limited - India
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- Romanian Commodities Exchange
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- Chamber of Mines of South Africa
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- Deloitte Consulting - India
- Billiton Holdings Pty Ltd - Australia
- Petron Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Banpu Public Company Limited - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Globalindo Alam Lestari - Indonesia
- Malabar Cements Ltd - India
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- Simpson Spence & Young - Indonesia
- Miang Besar Coal Terminal - Indonesia
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- Kepco SPC Power Corporation, Philippines
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- Meenaskhi Energy Private Limited - India
- Salva Resources Pvt Ltd - India
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- Agrawal Coal Company - India
- The State Trading Corporation of India Ltd
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- Mercuria Energy - Indonesia
- IEA Clean Coal Centre - UK
- Dalmia Cement Bharat India
- India Bulls Power Limited - India
- Videocon Industries ltd - India
- International Coal Ventures Pvt Ltd - India
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- Central Java Power - Indonesia
- Bharathi Cement Corporation - India
- The University of Queensland
- GMR Energy Limited - India
- SMC Global Power, Philippines
- McConnell Dowell - Australia
- Altura Mining Limited, Indonesia
- PowerSource Philippines DevCo
- Economic Council, Georgia
- Coalindo Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Goldman Sachs - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Cigading International Bulk Terminal - Indonesia
- Coal and Oil Company - UAE
- OPG Power Generation Pvt Ltd - India
- Medco Energi Mining Internasional
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- Heidelberg Cement - Germany
- Karaikal Port Pvt Ltd - India
- Electricity Authority, New Zealand
- Marubeni Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Planning Commission, India
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- Singapore Mercantile Exchange
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- Mercator Lines Limited - India
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- Xindia Steels Limited - India
- Central Electricity Authority - India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Ceylon Electricity Board - Sri Lanka
- SMG Consultants - Indonesia
- Kaltim Prima Coal - Indonesia
- Eastern Coal Council - USA
- Kobexindo Tractors - Indoneisa
- Indika Energy - Indonesia
- Baramulti Group, Indonesia
- Tata Chemicals Ltd - India
- Standard Chartered Bank - UAE
- Sarangani Energy Corporation, Philippines
- Antam Resourcindo - Indonesia
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- TeaM Sual Corporation - Philippines
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- Parliament of New Zealand
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- Wood Mackenzie - Singapore
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- PetroVietnam Power Coal Import and Supply Company
- Bhoruka Overseas - Indonesia
- Makarim & Taira - Indonesia
- New Zealand Coal & Carbon
- Indogreen Group - Indonesia
- ASAPP Information Group - India
- Electricity Generating Authority of Thailand
- Intertek Mineral Services - Indonesia
- Thai Mozambique Logistica
- Grasim Industreis Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- Eastern Energy - Thailand
- Commonwealth Bank - Australia
- Interocean Group of Companies - India
- Thiess Contractors Indonesia
- Orica Australia Pty. Ltd.
- Straits Asia Resources Limited - Singapore
- GVK Power & Infra Limited - India
- Renaissance Capital - South Africa
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- Bhatia International Limited - India
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- TNB Fuel Sdn Bhd - Malaysia
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Indonesian Coal Mining Association
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- Tamil Nadu electricity Board
- Binh Thuan Hamico - Vietnam
- Therma Luzon, Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- PTC India Limited - India
- Ministry of Mines - Canada
- Madhucon Powers Ltd - India
- Bukit Baiduri Energy - Indonesia
- Edison Trading Spa - Italy
- Chettinad Cement Corporation Ltd - India
- LBH Netherlands Bv - Netherlands
- Mintek Dendrill Indonesia
- MS Steel International - UAE
- Independent Power Producers Association of India
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- Posco Energy - South Korea
- Indian Oil Corporation Limited
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- Ministry of Finance - Indonesia
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