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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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- Eastern Coal Council - USA
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- Bukit Makmur.PT - Indonesia
- San Jose City I Power Corp, Philippines
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- European Bulk Services B.V. - Netherlands
- Sical Logistics Limited - India
- Coal and Oil Company - UAE
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- Australian Commodity Traders Exchange
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- PowerSource Philippines DevCo
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- McConnell Dowell - Australia
- Directorate General of MIneral and Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bulk Trading Sa - Switzerland
- Global Coal Blending Company Limited - Australia
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- Maheswari Brothers Coal Limited - India
- Ministry of Mines - Canada
- Meenaskhi Energy Private Limited - India
- VISA Power Limited - India
- Samtan Co., Ltd - South Korea
- Antam Resourcindo - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Anglo American - United Kingdom
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- Siam City Cement PLC, Thailand
- The University of Queensland
- Economic Council, Georgia
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- Siam City Cement - Thailand
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- Africa Commodities Group - South Africa
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- Gujarat Mineral Development Corp Ltd - India
- Globalindo Alam Lestari - Indonesia
- Parliament of New Zealand
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- Metalloyd Limited - United Kingdom
- SMG Consultants - Indonesia
- Minerals Council of Australia
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- Intertek Mineral Services - Indonesia
- Planning Commission, India
- The Treasury - Australian Government
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- Agrawal Coal Company - India
- SMC Global Power, Philippines
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- The State Trading Corporation of India Ltd
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- Vijayanagar Sugar Pvt Ltd - India
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- White Energy Company Limited
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- Jindal Steel & Power Ltd - India
- ASAPP Information Group - India
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- Eastern Energy - Thailand
- ICICI Bank Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Sarangani Energy Corporation, Philippines
- Salva Resources Pvt Ltd - India
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- Indian Energy Exchange, India
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- GN Power Mariveles Coal Plant, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Parry Sugars Refinery, India
- New Zealand Coal & Carbon
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- IHS Mccloskey Coal Group - USA
- Bhushan Steel Limited - India
- Leighton Contractors Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Sojitz Corporation - Japan
- Larsen & Toubro Limited - India
- Savvy Resources Ltd - HongKong
- Kobexindo Tractors - Indoneisa
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- Gujarat Sidhee Cement - India
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
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- Tata Chemicals Ltd - India
- LBH Netherlands Bv - Netherlands
- Chamber of Mines of South Africa
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- Kumho Petrochemical, South Korea
- Videocon Industries ltd - India
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- Bharathi Cement Corporation - India
- Romanian Commodities Exchange
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- Bangladesh Power Developement Board
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- Coalindo Energy - Indonesia
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- Global Green Power PLC Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- Renaissance Capital - South Africa
- Alfred C Toepfer International GmbH - Germany
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- Energy Development Corp, Philippines
- Attock Cement Pakistan Limited
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- Indonesian Coal Mining Association
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- Wood Mackenzie - Singapore
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- Australian Coal Association
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- TNB Fuel Sdn Bhd - Malaysia
- Interocean Group of Companies - India
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