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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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- Bukit Asam (Persero) Tbk - Indonesia
- Planning Commission, India
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- Sojitz Corporation - Japan
- Romanian Commodities Exchange
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- Eastern Energy - Thailand
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- Directorate General of MIneral and Coal - Indonesia
- Cement Manufacturers Association - India
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- Aboitiz Power Corporation - Philippines
- Vedanta Resources Plc - India
- London Commodity Brokers - England
- Kobexindo Tractors - Indoneisa
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- Ministry of Transport, Egypt
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- CNBM International Corporation - China
- Wood Mackenzie - Singapore
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- OPG Power Generation Pvt Ltd - India
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- Metalloyd Limited - United Kingdom
- Mintek Dendrill Indonesia
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- Petron Corporation, Philippines
- India Bulls Power Limited - India
- MS Steel International - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Latin American Coal - Colombia
- Indika Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Heidelberg Cement - Germany
- SMC Global Power, Philippines
- Malabar Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Siam City Cement - Thailand
- Sical Logistics Limited - India
- PowerSource Philippines DevCo
- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
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- Intertek Mineral Services - Indonesia
- Coalindo Energy - Indonesia
- IEA Clean Coal Centre - UK
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- Merrill Lynch Commodities Europe
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- Georgia Ports Authority, United States
- Orica Mining Services - Indonesia
- Ministry of Finance - Indonesia
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- Directorate Of Revenue Intelligence - India
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- Bangladesh Power Developement Board
- Indian Oil Corporation Limited
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- PTC India Limited - India
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- Carbofer General Trading SA - India
- Pipit Mutiara Jaya. PT, Indonesia
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- Parliament of New Zealand
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- Bulk Trading Sa - Switzerland
- Price Waterhouse Coopers - Russia
- ASAPP Information Group - India
- South Luzon Thermal Energy Corporation
- Sarangani Energy Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- PNOC Exploration Corporation - Philippines
- Independent Power Producers Association of India
- International Coal Ventures Pvt Ltd - India
- Eastern Coal Council - USA
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- Energy Link Ltd, New Zealand
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- SN Aboitiz Power Inc, Philippines
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- Sinarmas Energy and Mining - Indonesia
- GVK Power & Infra Limited - India
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- Ministry of Mines - Canada
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- Trasteel International SA, Italy
- Minerals Council of Australia
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- The State Trading Corporation of India Ltd
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- Gujarat Sidhee Cement - India
- Thai Mozambique Logistica
- Energy Development Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Electricity Generating Authority of Thailand
- Africa Commodities Group - South Africa
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- Tamil Nadu electricity Board
- GAC Shipping (India) Pvt Ltd
- Alfred C Toepfer International GmbH - Germany
- Indogreen Group - Indonesia
- Jorong Barutama Greston.PT - Indonesia
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- Attock Cement Pakistan Limited
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- Bhoruka Overseas - Indonesia
- Edison Trading Spa - Italy
- ICICI Bank Limited - India
- TeaM Sual Corporation - Philippines
- New Zealand Coal & Carbon
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- Economic Council, Georgia
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- Chamber of Mines of South Africa
- Singapore Mercantile Exchange
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- Meralco Power Generation, Philippines
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