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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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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Central Java Power - Indonesia
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- Goldman Sachs - Singapore
- Rashtriya Ispat Nigam Limited - India
- Electricity Generating Authority of Thailand
- Port Waratah Coal Services - Australia
- Uttam Galva Steels Limited - India
- Bhushan Steel Limited - India
- Parry Sugars Refinery, India
- Trasteel International SA, Italy
- Mjunction Services Limited - India
- Essar Steel Hazira Ltd - India
- Karaikal Port Pvt Ltd - India
- Parliament of New Zealand
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- Kartika Selabumi Mining - Indonesia
- Riau Bara Harum - Indonesia
- European Bulk Services B.V. - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- MS Steel International - UAE
- Mercator Lines Limited - India
- Intertek Mineral Services - Indonesia
- The University of Queensland
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- Pipit Mutiara Jaya. PT, Indonesia
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- PowerSource Philippines DevCo
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- PNOC Exploration Corporation - Philippines
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- Gujarat Electricity Regulatory Commission - India
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- Commonwealth Bank - Australia
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- Ceylon Electricity Board - Sri Lanka
- Meralco Power Generation, Philippines
- International Coal Ventures Pvt Ltd - India
- VISA Power Limited - India
- Coal and Oil Company - UAE
- Edison Trading Spa - Italy
- Heidelberg Cement - Germany
- Renaissance Capital - South Africa
- Latin American Coal - Colombia
- Videocon Industries ltd - India
- Australian Coal Association
- Sakthi Sugars Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Marubeni Corporation - India
- Binh Thuan Hamico - Vietnam
- Straits Asia Resources Limited - Singapore
- GAC Shipping (India) Pvt Ltd
- Makarim & Taira - Indonesia
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- Petron Corporation, Philippines
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- Samtan Co., Ltd - South Korea
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- Tamil Nadu electricity Board
- Romanian Commodities Exchange
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- South Luzon Thermal Energy Corporation
- Chettinad Cement Corporation Ltd - India
- SMC Global Power, Philippines
- Sojitz Corporation - Japan
- Sarangani Energy Corporation, Philippines
- Agrawal Coal Company - India
- Maheswari Brothers Coal Limited - India
- Energy Link Ltd, New Zealand
- IHS Mccloskey Coal Group - USA
- New Zealand Coal & Carbon
- Chamber of Mines of South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- The State Trading Corporation of India Ltd
- Miang Besar Coal Terminal - Indonesia
- Ind-Barath Power Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- Indika Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Mintek Dendrill Indonesia
- Dalmia Cement Bharat India
- Larsen & Toubro Limited - India
- Minerals Council of Australia
- Timah Investasi Mineral - Indoneisa
- Eastern Energy - Thailand
- Sical Logistics Limited - India
- Economic Council, Georgia
- Indogreen Group - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- AsiaOL BioFuels Corp., Philippines
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- Bhatia International Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bulk Trading Sa - Switzerland
- Global Coal Blending Company Limited - Australia
- Oldendorff Carriers - Singapore
- London Commodity Brokers - England
- Sinarmas Energy and Mining - Indonesia
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- Bangladesh Power Developement Board
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- Africa Commodities Group - South Africa
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- Globalindo Alam Lestari - Indonesia
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- Wilmar Investment Holdings
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- Planning Commission, India
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- Kumho Petrochemical, South Korea
- Manunggal Multi Energi - Indonesia
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- Holcim Trading Pte Ltd - Singapore
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- Aboitiz Power Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
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- OPG Power Generation Pvt Ltd - India
- Indonesian Coal Mining Association
- Simpson Spence & Young - Indonesia
- Price Waterhouse Coopers - Russia
- Rio Tinto Coal - Australia
- Leighton Contractors Pty Ltd - Australia
- McConnell Dowell - Australia
- Altura Mining Limited, Indonesia
- The Treasury - Australian Government
- Aditya Birla Group - India
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Transport, Egypt
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- Alfred C Toepfer International GmbH - Germany
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- Cement Manufacturers Association - India
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- Merrill Lynch Commodities Europe
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- Ministry of Finance - Indonesia
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- Kaltim Prima Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Directorate Of Revenue Intelligence - India
- Central Electricity Authority - India
- Thiess Contractors Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Indian Energy Exchange, India
- Bharathi Cement Corporation - India
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- Savvy Resources Ltd - HongKong
- CIMB Investment Bank - Malaysia
- PetroVietnam Power Coal Import and Supply Company
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- Ministry of Mines - Canada
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- Electricity Authority, New Zealand
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