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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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- SMC Global Power, Philippines
- Renaissance Capital - South Africa
- Malabar Cements Ltd - India
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- Rashtriya Ispat Nigam Limited - India
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- Makarim & Taira - Indonesia
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- Kumho Petrochemical, South Korea
- The Treasury - Australian Government
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- Bhatia International Limited - India
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- GN Power Mariveles Coal Plant, Philippines
- Edison Trading Spa - Italy
- Siam City Cement PLC, Thailand
- Ind-Barath Power Infra Limited - India
- Commonwealth Bank - Australia
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- Sical Logistics Limited - India
- Sarangani Energy Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Borneo Indobara - Indonesia
- Electricity Authority, New Zealand
- Goldman Sachs - Singapore
- London Commodity Brokers - England
- Ministry of Transport, Egypt
- SN Aboitiz Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Australian Coal Association
- Tamil Nadu electricity Board
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- Bahari Cakrawala Sebuku - Indonesia
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- Economic Council, Georgia
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- The State Trading Corporation of India Ltd
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- Coal and Oil Company - UAE
- Uttam Galva Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Eastern Coal Council - USA
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- Vijayanagar Sugar Pvt Ltd - India
- Meralco Power Generation, Philippines
- Chamber of Mines of South Africa
- Globalindo Alam Lestari - Indonesia
- Cement Manufacturers Association - India
- Chettinad Cement Corporation Ltd - India
- TeaM Sual Corporation - Philippines
- Mjunction Services Limited - India
- Heidelberg Cement - Germany
- White Energy Company Limited
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- Coastal Gujarat Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Wood Mackenzie - Singapore
- Eastern Energy - Thailand
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- Thiess Contractors Indonesia
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- Iligan Light & Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Orica Mining Services - Indonesia
- Siam City Cement - Thailand
- Thai Mozambique Logistica
- Africa Commodities Group - South Africa
- CIMB Investment Bank - Malaysia
- Madhucon Powers Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Attock Cement Pakistan Limited
- Banpu Public Company Limited - Thailand
- Parliament of New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Billiton Holdings Pty Ltd - Australia
- Anglo American - United Kingdom
- Marubeni Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Petron Corporation, Philippines
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- Minerals Council of Australia
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- Gujarat Mineral Development Corp Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhushan Steel Limited - India
- International Coal Ventures Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Rio Tinto Coal - Australia
- Electricity Generating Authority of Thailand
- GAC Shipping (India) Pvt Ltd
- Vedanta Resources Plc - India
- Alfred C Toepfer International GmbH - Germany
- CNBM International Corporation - China
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- Independent Power Producers Association of India
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- Larsen & Toubro Limited - India
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- Indian Oil Corporation Limited
- Neyveli Lignite Corporation Ltd, - India
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- Bangladesh Power Developement Board
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- Energy Link Ltd, New Zealand
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- Barasentosa Lestari - Indonesia
- Planning Commission, India
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- Merrill Lynch Commodities Europe
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- Gujarat Electricity Regulatory Commission - India
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- Power Finance Corporation Ltd., India
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- Ministry of Finance - Indonesia
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- San Jose City I Power Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Standard Chartered Bank - UAE
- PTC India Limited - India
- Global Coal Blending Company Limited - Australia
- Indian Energy Exchange, India
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- Australian Commodity Traders Exchange
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