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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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- Aboitiz Power Corporation - Philippines
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- Ministry of Transport, Egypt
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- Dalmia Cement Bharat India
- Binh Thuan Hamico - Vietnam
- Minerals Council of Australia
- Jaiprakash Power Ventures ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- VISA Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Singapore Mercantile Exchange
- Altura Mining Limited, Indonesia
- New Zealand Coal & Carbon
- Tata Chemicals Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- White Energy Company Limited
- Kobexindo Tractors - Indoneisa
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- Interocean Group of Companies - India
- European Bulk Services B.V. - Netherlands
- Indian Oil Corporation Limited
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- Ministry of Mines - Canada
- PTC India Limited - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
- SMC Global Power, Philippines
- Sakthi Sugars Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Georgia Ports Authority, United States
- Parliament of New Zealand
- Therma Luzon, Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Maharashtra Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
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- Karbindo Abesyapradhi - Indoneisa
- Banpu Public Company Limited - Thailand
- Commonwealth Bank - Australia
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- Larsen & Toubro Limited - India
- LBH Netherlands Bv - Netherlands
- SN Aboitiz Power Inc, Philippines
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- Mjunction Services Limited - India
- IHS Mccloskey Coal Group - USA
- Energy Development Corp, Philippines
- Mercuria Energy - Indonesia
- Sojitz Corporation - Japan
- Coalindo Energy - Indonesia
- Posco Energy - South Korea
- Bulk Trading Sa - Switzerland
- Medco Energi Mining Internasional
- The Treasury - Australian Government
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- Directorate Of Revenue Intelligence - India
- Pipit Mutiara Jaya. PT, Indonesia
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- Oldendorff Carriers - Singapore
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- Barasentosa Lestari - Indonesia
- Anglo American - United Kingdom
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- Deloitte Consulting - India
- Indogreen Group - Indonesia
- Petron Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Lanco Infratech Ltd - India
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- Ind-Barath Power Infra Limited - India
- ASAPP Information Group - India
- Gujarat Mineral Development Corp Ltd - India
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- San Jose City I Power Corp, Philippines
- London Commodity Brokers - England
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- Timah Investasi Mineral - Indoneisa
- Thiess Contractors Indonesia
- Power Finance Corporation Ltd., India
- Planning Commission, India
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- Directorate General of MIneral and Coal - Indonesia
- Cement Manufacturers Association - India
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- PNOC Exploration Corporation - Philippines
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- Energy Link Ltd, New Zealand
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- PowerSource Philippines DevCo
- Global Business Power Corporation, Philippines
- Romanian Commodities Exchange
- Independent Power Producers Association of India
- Rashtriya Ispat Nigam Limited - India
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- Electricity Generating Authority of Thailand
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- Ministry of Finance - Indonesia
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- South Luzon Thermal Energy Corporation
- Makarim & Taira - Indonesia
- Straits Asia Resources Limited - Singapore
- Merrill Lynch Commodities Europe
- Eastern Energy - Thailand
- McConnell Dowell - Australia
- Leighton Contractors Pty Ltd - Australia
- Malabar Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Sree Jayajothi Cements Limited - India
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- Trasteel International SA, Italy
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- Billiton Holdings Pty Ltd - Australia
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- Standard Chartered Bank - UAE
- Bangladesh Power Developement Board
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- Goldman Sachs - Singapore
- Star Paper Mills Limited - India
- Coal and Oil Company - UAE
- Samtan Co., Ltd - South Korea
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- Kideco Jaya Agung - Indonesia
- IEA Clean Coal Centre - UK
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- Eastern Coal Council - USA
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- Economic Council, Georgia
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- Chamber of Mines of South Africa
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- Indonesian Coal Mining Association
- Asmin Koalindo Tuhup - Indonesia
- Port Waratah Coal Services - Australia
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- Iligan Light & Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- CNBM International Corporation - China
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- TNB Fuel Sdn Bhd - Malaysia
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- Edison Trading Spa - Italy
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