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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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- Indo Tambangraya Megah - Indonesia
- India Bulls Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Sarangani Energy Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
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- Ministry of Transport, Egypt
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- Kapuas Tunggal Persada - Indonesia
- Energy Development Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Karbindo Abesyapradhi - Indoneisa
- Sakthi Sugars Limited - India
- Chettinad Cement Corporation Ltd - India
- Formosa Plastics Group - Taiwan
- Siam City Cement PLC, Thailand
- Borneo Indobara - Indonesia
- Metalloyd Limited - United Kingdom
- Banpu Public Company Limited - Thailand
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- Ministry of Mines - Canada
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- Antam Resourcindo - Indonesia
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- Merrill Lynch Commodities Europe
- Australian Coal Association
- Sical Logistics Limited - India
- Minerals Council of Australia
- SN Aboitiz Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Semirara Mining Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Africa Commodities Group - South Africa
- The Treasury - Australian Government
- Orica Mining Services - Indonesia
- Orica Australia Pty. Ltd.
- Latin American Coal - Colombia
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- Aditya Birla Group - India
- Thiess Contractors Indonesia
- Aboitiz Power Corporation - Philippines
- Electricity Authority, New Zealand
- Interocean Group of Companies - India
- Bukit Baiduri Energy - Indonesia
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- Mjunction Services Limited - India
- Australian Commodity Traders Exchange
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- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- Rio Tinto Coal - Australia
- Samtan Co., Ltd - South Korea
- Price Waterhouse Coopers - Russia
- Ministry of Finance - Indonesia
- Indian Oil Corporation Limited
- ASAPP Information Group - India
- Meenaskhi Energy Private Limited - India
- Makarim & Taira - Indonesia
- Larsen & Toubro Limited - India
- Maheswari Brothers Coal Limited - India
- Indika Energy - Indonesia
- Edison Trading Spa - Italy
- Commonwealth Bank - Australia
- Indian Energy Exchange, India
- Indonesian Coal Mining Association
- Trasteel International SA, Italy
- Global Business Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Jorong Barutama Greston.PT - Indonesia
- San Jose City I Power Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Straits Asia Resources Limited - Singapore
- New Zealand Coal & Carbon
- Alfred C Toepfer International GmbH - Germany
- Oldendorff Carriers - Singapore
- Posco Energy - South Korea
- IHS Mccloskey Coal Group - USA
- Bhatia International Limited - India
- Mercator Lines Limited - India
- Agrawal Coal Company - India
- Semirara Mining and Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Ambuja Cements Ltd - India
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- Wood Mackenzie - Singapore
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- Bharathi Cement Corporation - India
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- Petrochimia International Co. Ltd.- Taiwan
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- Videocon Industries ltd - India
- European Bulk Services B.V. - Netherlands
- Independent Power Producers Association of India
- Goldman Sachs - Singapore
- Marubeni Corporation - India
- Leighton Contractors Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Essar Steel Hazira Ltd - India
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- Directorate General of MIneral and Coal - Indonesia
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- Tamil Nadu electricity Board
- Renaissance Capital - South Africa
- Sindya Power Generating Company Private Ltd
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- VISA Power Limited - India
- Manunggal Multi Energi - Indonesia
- McConnell Dowell - Australia
- Central Electricity Authority - India
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- Singapore Mercantile Exchange
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- Sree Jayajothi Cements Limited - India
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- The University of Queensland
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- Economic Council, Georgia
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- PTC India Limited - India
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- Planning Commission, India
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- Parliament of New Zealand
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- Timah Investasi Mineral - Indoneisa
- Attock Cement Pakistan Limited
- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
- Eastern Coal Council - USA
- LBH Netherlands Bv - Netherlands
- Coal and Oil Company - UAE
- OPG Power Generation Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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