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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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- Marubeni Corporation - India
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- Price Waterhouse Coopers - Russia
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- Siam City Cement PLC, Thailand
- Romanian Commodities Exchange
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- Larsen & Toubro Limited - India
- Ind-Barath Power Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Electricity Generating Authority of Thailand
- Carbofer General Trading SA - India
- Energy Development Corp, Philippines
- Georgia Ports Authority, United States
- Electricity Authority, New Zealand
- India Bulls Power Limited - India
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- ICICI Bank Limited - India
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- Attock Cement Pakistan Limited
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- Kohat Cement Company Ltd. - Pakistan
- McConnell Dowell - Australia
- Mercuria Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- The Treasury - Australian Government
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- Energy Link Ltd, New Zealand
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- Therma Luzon, Inc, Philippines
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- Metalloyd Limited - United Kingdom
- PowerSource Philippines DevCo
- Aboitiz Power Corporation - Philippines
- Coal and Oil Company - UAE
- Neyveli Lignite Corporation Ltd, - India
- Tamil Nadu electricity Board
- Orica Mining Services - Indonesia
- The University of Queensland
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- Altura Mining Limited, Indonesia
- Rashtriya Ispat Nigam Limited - India
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- Interocean Group of Companies - India
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- OPG Power Generation Pvt Ltd - India
- Latin American Coal - Colombia
- Heidelberg Cement - Germany
- Aditya Birla Group - India
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- Indonesian Coal Mining Association
- Alfred C Toepfer International GmbH - Germany
- Jaiprakash Power Ventures ltd
- PTC India Limited - India
- Anglo American - United Kingdom
- Edison Trading Spa - Italy
- Indian Energy Exchange, India
- Xindia Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Semirara Mining and Power Corporation, Philippines
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- Sinarmas Energy and Mining - Indonesia
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- CNBM International Corporation - China
- Gujarat Electricity Regulatory Commission - India
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- Power Finance Corporation Ltd., India
- London Commodity Brokers - England
- Sindya Power Generating Company Private Ltd
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- South Luzon Thermal Energy Corporation
- Siam City Cement - Thailand
- Kumho Petrochemical, South Korea
- Krishnapatnam Port Company Ltd. - India
- GMR Energy Limited - India
- Independent Power Producers Association of India
- Minerals Council of Australia
- Manunggal Multi Energi - Indonesia
- Indogreen Group - Indonesia
- Wood Mackenzie - Singapore
- ASAPP Information Group - India
- Ceylon Electricity Board - Sri Lanka
- Global Green Power PLC Corporation, Philippines
- Thiess Contractors Indonesia
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- MS Steel International - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The State Trading Corporation of India Ltd
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- Chamber of Mines of South Africa
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- Binh Thuan Hamico - Vietnam
- Sakthi Sugars Limited - India
- Singapore Mercantile Exchange
- Salva Resources Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Commonwealth Bank - Australia
- Economic Council, Georgia
- Directorate General of MIneral and Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Africa Commodities Group - South Africa
- Thai Mozambique Logistica
- Port Waratah Coal Services - Australia
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- Kaltim Prima Coal - Indonesia
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- PetroVietnam Power Coal Import and Supply Company
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- New Zealand Coal & Carbon
- Mjunction Services Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Medco Energi Mining Internasional
- San Jose City I Power Corp, Philippines
- Indian Oil Corporation Limited
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- White Energy Company Limited
- Eastern Energy - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Sree Jayajothi Cements Limited - India
- Eastern Coal Council - USA
- GAC Shipping (India) Pvt Ltd
- Parliament of New Zealand
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- Indo Tambangraya Megah - Indonesia
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- Cigading International Bulk Terminal - Indonesia
- Planning Commission, India
- Trasteel International SA, Italy
- Intertek Mineral Services - Indonesia
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- Bangladesh Power Developement Board
- Central Electricity Authority - India
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- Savvy Resources Ltd - HongKong
- Ministry of Mines - Canada
- Barasentosa Lestari - Indonesia
- Makarim & Taira - Indonesia
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