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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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- Oldendorff Carriers - Singapore
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- European Bulk Services B.V. - Netherlands
- PTC India Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Economic Council, Georgia
- Ind-Barath Power Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Transport, Egypt
- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
- TeaM Sual Corporation - Philippines
- Therma Luzon, Inc, Philippines
- London Commodity Brokers - England
- IEA Clean Coal Centre - UK
- Samtan Co., Ltd - South Korea
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- Petrochimia International Co. Ltd.- Taiwan
- Global Business Power Corporation, Philippines
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- Karbindo Abesyapradhi - Indoneisa
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- The Treasury - Australian Government
- White Energy Company Limited
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- International Coal Ventures Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Sarangani Energy Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Trasteel International SA, Italy
- Krishnapatnam Port Company Ltd. - India
- Larsen & Toubro Limited - India
- CNBM International Corporation - China
- Semirara Mining and Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Interocean Group of Companies - India
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- ICICI Bank Limited - India
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- Carbofer General Trading SA - India
- Wood Mackenzie - Singapore
- Rio Tinto Coal - Australia
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- GVK Power & Infra Limited - India
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- Formosa Plastics Group - Taiwan
- Thiess Contractors Indonesia
- Global Green Power PLC Corporation, Philippines
- Edison Trading Spa - Italy
- PNOC Exploration Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Romanian Commodities Exchange
- Merrill Lynch Commodities Europe
- India Bulls Power Limited - India
- Price Waterhouse Coopers - Russia
- Kaltim Prima Coal - Indonesia
- Mercuria Energy - Indonesia
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- Latin American Coal - Colombia
- Indika Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Independent Power Producers Association of India
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- Bharathi Cement Corporation - India
- Minerals Council of Australia
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- Binh Thuan Hamico - Vietnam
- Aditya Birla Group - India
- Maheswari Brothers Coal Limited - India
- Tata Chemicals Ltd - India
- Bangladesh Power Developement Board
- SMC Global Power, Philippines
- Coalindo Energy - Indonesia
- Thai Mozambique Logistica
- Intertek Mineral Services - Indonesia
- Meralco Power Generation, Philippines
- Meenaskhi Energy Private Limited - India
- Indonesian Coal Mining Association
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- Petron Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- South Luzon Thermal Energy Corporation
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- Renaissance Capital - South Africa
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- Barasentosa Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Sindya Power Generating Company Private Ltd
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- Gujarat Mineral Development Corp Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Gujarat Sidhee Cement - India
- Bukit Asam (Persero) Tbk - Indonesia
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- Standard Chartered Bank - UAE
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- Parliament of New Zealand
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- Bayan Resources Tbk. - Indonesia
- Mjunction Services Limited - India
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- Miang Besar Coal Terminal - Indonesia
- MS Steel International - UAE
- Indian Oil Corporation Limited
- ASAPP Information Group - India
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- Kobexindo Tractors - Indoneisa
- Energy Development Corp, Philippines
- Banpu Public Company Limited - Thailand
- Sakthi Sugars Limited - India
- Mintek Dendrill Indonesia
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- The State Trading Corporation of India Ltd
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- Toyota Tsusho Corporation, Japan
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- Commonwealth Bank - Australia
- Kapuas Tunggal Persada - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Planning Commission, India
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- Cigading International Bulk Terminal - Indonesia
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- Singapore Mercantile Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bulk Trading Sa - Switzerland
- Manunggal Multi Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Goldman Sachs - Singapore
- Attock Cement Pakistan Limited
- Ministry of Mines - Canada
- Coastal Gujarat Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Eastern Energy - Thailand
- Energy Link Ltd, New Zealand
- Africa Commodities Group - South Africa
- The University of Queensland
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