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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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- The University of Queensland
- India Bulls Power Limited - India
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- AsiaOL BioFuels Corp., Philippines
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- Straits Asia Resources Limited - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Coastal Gujarat Power Limited - India
- Riau Bara Harum - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Mercator Lines Limited - India
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- Ceylon Electricity Board - Sri Lanka
- Chettinad Cement Corporation Ltd - India
- Georgia Ports Authority, United States
- Sical Logistics Limited - India
- The Treasury - Australian Government
- Altura Mining Limited, Indonesia
- Bhoruka Overseas - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- Vedanta Resources Plc - India
- Edison Trading Spa - Italy
- Port Waratah Coal Services - Australia
- Independent Power Producers Association of India
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- Chamber of Mines of South Africa
- Petron Corporation, Philippines
- Power Finance Corporation Ltd., India
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- Jindal Steel & Power Ltd - India
- Singapore Mercantile Exchange
- Commonwealth Bank - Australia
- London Commodity Brokers - England
- Wilmar Investment Holdings
- Medco Energi Mining Internasional
- Savvy Resources Ltd - HongKong
- Sojitz Corporation - Japan
- Cement Manufacturers Association - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Renaissance Capital - South Africa
- Uttam Galva Steels Limited - India
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- Marubeni Corporation - India
- Miang Besar Coal Terminal - Indonesia
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- International Coal Ventures Pvt Ltd - India
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- GVK Power & Infra Limited - India
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- Energy Development Corp, Philippines
- Tata Chemicals Ltd - India
- Bulk Trading Sa - Switzerland
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- Globalindo Alam Lestari - Indonesia
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- Bangladesh Power Developement Board
- Planning Commission, India
- SMG Consultants - Indonesia
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- IHS Mccloskey Coal Group - USA
- Thiess Contractors Indonesia
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- CNBM International Corporation - China
- Economic Council, Georgia
- Sree Jayajothi Cements Limited - India
- Larsen & Toubro Limited - India
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- Madhucon Powers Ltd - India
- Australian Coal Association
- Billiton Holdings Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Thai Mozambique Logistica
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- Goldman Sachs - Singapore
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- ASAPP Information Group - India
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- IEA Clean Coal Centre - UK
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- Gujarat Electricity Regulatory Commission - India
- GMR Energy Limited - India
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- PTC India Limited - India
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- Bukit Makmur.PT - Indonesia
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- Indonesian Coal Mining Association
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- Eastern Energy - Thailand
- Sindya Power Generating Company Private Ltd
- Kalimantan Lumbung Energi - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Indian Energy Exchange, India
- Directorate Of Revenue Intelligence - India
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- PNOC Exploration Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Kartika Selabumi Mining - Indonesia
- Ministry of Transport, Egypt
- Leighton Contractors Pty Ltd - Australia
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- Coalindo Energy - Indonesia
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- MS Steel International - UAE
- White Energy Company Limited
- Metalloyd Limited - United Kingdom
- Global Coal Blending Company Limited - Australia
- Ministry of Mines - Canada
- McConnell Dowell - Australia
- Jorong Barutama Greston.PT - Indonesia
- Jaiprakash Power Ventures ltd
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- Samtan Co., Ltd - South Korea
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- European Bulk Services B.V. - Netherlands
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- Trasteel International SA, Italy
- Banpu Public Company Limited - Thailand
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- Coal and Oil Company - UAE
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- Toyota Tsusho Corporation, Japan
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- Minerals Council of Australia
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