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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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- Bulk Trading Sa - Switzerland
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- Iligan Light & Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Antam Resourcindo - Indonesia
- Australian Commodity Traders Exchange
- Tamil Nadu electricity Board
- Electricity Generating Authority of Thailand
- Singapore Mercantile Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Indian Energy Exchange, India
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- LBH Netherlands Bv - Netherlands
- CNBM International Corporation - China
- Aboitiz Power Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
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- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Australian Coal Association
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- Electricity Authority, New Zealand
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Ministry of Finance - Indonesia
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- Energy Development Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Port Waratah Coal Services - Australia
- Interocean Group of Companies - India
- Pendopo Energi Batubara - Indonesia
- Therma Luzon, Inc, Philippines
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- Sindya Power Generating Company Private Ltd
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- Xindia Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Indogreen Group - Indonesia
- Price Waterhouse Coopers - Russia
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- New Zealand Coal & Carbon
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- Directorate General of MIneral and Coal - Indonesia
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- Indonesian Coal Mining Association
- Sical Logistics Limited - India
- Altura Mining Limited, Indonesia
- Savvy Resources Ltd - HongKong
- Indika Energy - Indonesia
- Parry Sugars Refinery, India
- Sakthi Sugars Limited - India
- Carbofer General Trading SA - India
- Ministry of Mines - Canada
- Sarangani Energy Corporation, Philippines
- Thiess Contractors Indonesia
- Vedanta Resources Plc - India
- Independent Power Producers Association of India
- Makarim & Taira - Indonesia
- Jaiprakash Power Ventures ltd
- Eastern Coal Council - USA
- Baramulti Group, Indonesia
- Commonwealth Bank - Australia
- Rio Tinto Coal - Australia
- Jindal Steel & Power Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Malabar Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMG Consultants - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Africa Commodities Group - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Globalindo Alam Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Indian Oil Corporation Limited
- Thai Mozambique Logistica
- Kumho Petrochemical, South Korea
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- Straits Asia Resources Limited - Singapore
- Agrawal Coal Company - India
- Bhushan Steel Limited - India
- Miang Besar Coal Terminal - Indonesia
- Minerals Council of Australia
- Ceylon Electricity Board - Sri Lanka
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- Samtan Co., Ltd - South Korea
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- Alfred C Toepfer International GmbH - Germany
- European Bulk Services B.V. - Netherlands
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- Formosa Plastics Group - Taiwan
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- GMR Energy Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Binh Thuan Hamico - Vietnam
- McConnell Dowell - Australia
- Central Java Power - Indonesia
- PNOC Exploration Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Sree Jayajothi Cements Limited - India
- Bayan Resources Tbk. - Indonesia
- Coal and Oil Company - UAE
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- Eastern Energy - Thailand
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- Marubeni Corporation - India
- IEA Clean Coal Centre - UK
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- Petron Corporation, Philippines
- Bhatia International Limited - India
- Merrill Lynch Commodities Europe
- San Jose City I Power Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- White Energy Company Limited
- Anglo American - United Kingdom
- Sojitz Corporation - Japan
- Karbindo Abesyapradhi - Indoneisa
- Romanian Commodities Exchange
- Economic Council, Georgia
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- Pipit Mutiara Jaya. PT, Indonesia
- Banpu Public Company Limited - Thailand
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- Goldman Sachs - Singapore
- Global Business Power Corporation, Philippines
- PTC India Limited - India
- GVK Power & Infra Limited - India
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- Petrochimia International Co. Ltd.- Taiwan
- Latin American Coal - Colombia
- Mintek Dendrill Indonesia
- The University of Queensland
- MS Steel International - UAE
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- Standard Chartered Bank - UAE
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- Bangladesh Power Developement Board
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- Planning Commission, India
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- The State Trading Corporation of India Ltd
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- Gujarat Sidhee Cement - India
- Simpson Spence & Young - Indonesia
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- Gujarat Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
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- VISA Power Limited - India
- Parliament of New Zealand
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