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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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- Commonwealth Bank - Australia
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- Independent Power Producers Association of India
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- GAC Shipping (India) Pvt Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Sree Jayajothi Cements Limited - India
- TeaM Sual Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
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- Ind-Barath Power Infra Limited - India
- Parry Sugars Refinery, India
- Globalindo Alam Lestari - Indonesia
- Carbofer General Trading SA - India
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- Toyota Tsusho Corporation, Japan
- SMC Global Power, Philippines
- Attock Cement Pakistan Limited
- The University of Queensland
- Posco Energy - South Korea
- Lanco Infratech Ltd - India
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- Aboitiz Power Corporation - Philippines
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- AsiaOL BioFuels Corp., Philippines
- London Commodity Brokers - England
- Cigading International Bulk Terminal - Indonesia
- Indika Energy - Indonesia
- Ambuja Cements Ltd - India
- Indian Energy Exchange, India
- Sinarmas Energy and Mining - Indonesia
- Mjunction Services Limited - India
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- Bukit Asam (Persero) Tbk - Indonesia
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- Economic Council, Georgia
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- San Jose City I Power Corp, Philippines
- Thiess Contractors Indonesia
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- Tamil Nadu electricity Board
- Sindya Power Generating Company Private Ltd
- Mintek Dendrill Indonesia
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- Interocean Group of Companies - India
- Thai Mozambique Logistica
- International Coal Ventures Pvt Ltd - India
- Edison Trading Spa - Italy
- Vizag Seaport Private Limited - India
- Renaissance Capital - South Africa
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- Riau Bara Harum - Indonesia
- Antam Resourcindo - Indonesia
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- Ministry of Finance - Indonesia
- Larsen & Toubro Limited - India
- White Energy Company Limited
- Pendopo Energi Batubara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Indonesian Coal Mining Association
- The Treasury - Australian Government
- Maheswari Brothers Coal Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Goldman Sachs - Singapore
- McConnell Dowell - Australia
- Global Business Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
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- Malabar Cements Ltd - India
- Indian Oil Corporation Limited
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- TNB Fuel Sdn Bhd - Malaysia
- Medco Energi Mining Internasional
- Directorate General of MIneral and Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Sarangani Energy Corporation, Philippines
- VISA Power Limited - India
- Orica Australia Pty. Ltd.
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- IEA Clean Coal Centre - UK
- India Bulls Power Limited - India
- MS Steel International - UAE
- PTC India Limited - India
- The State Trading Corporation of India Ltd
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- CIMB Investment Bank - Malaysia
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- SN Aboitiz Power Inc, Philippines
- Vedanta Resources Plc - India
- Samtan Co., Ltd - South Korea
- Chettinad Cement Corporation Ltd - India
- Chamber of Mines of South Africa
- Australian Commodity Traders Exchange
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- Dalmia Cement Bharat India
- Romanian Commodities Exchange
- Energy Link Ltd, New Zealand
- Rio Tinto Coal - Australia
- CNBM International Corporation - China
- Eastern Energy - Thailand
- Mercuria Energy - Indonesia
- Makarim & Taira - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate Of Revenue Intelligence - India
- Parliament of New Zealand
- Trasteel International SA, Italy
- Eastern Coal Council - USA
- Binh Thuan Hamico - Vietnam
- Banpu Public Company Limited - Thailand
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- Formosa Plastics Group - Taiwan
- European Bulk Services B.V. - Netherlands
- Planning Commission, India
- New Zealand Coal & Carbon
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- Minerals Council of Australia
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- Electricity Generating Authority of Thailand
- Bhushan Steel Limited - India
- Bhoruka Overseas - Indonesia
- PowerSource Philippines DevCo
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- Kideco Jaya Agung - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Meenaskhi Energy Private Limited - India
- Australian Coal Association
- Holcim Trading Pte Ltd - Singapore
- Petron Corporation, Philippines
- Global Coal Blending Company Limited - Australia
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- Iligan Light & Power Inc, Philippines
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