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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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- London Commodity Brokers - England
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- White Energy Company Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Economic Council, Georgia
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- Electricity Authority, New Zealand
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- AsiaOL BioFuels Corp., Philippines
- Manunggal Multi Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Georgia Ports Authority, United States
- Electricity Generating Authority of Thailand
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- OPG Power Generation Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Minerals Council of Australia
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- Chamber of Mines of South Africa
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- Mintek Dendrill Indonesia
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- Barasentosa Lestari - Indonesia
- Independent Power Producers Association of India
- Price Waterhouse Coopers - Russia
- Gujarat Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Sindya Power Generating Company Private Ltd
- Simpson Spence & Young - Indonesia
- The Treasury - Australian Government
- Videocon Industries ltd - India
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- Eastern Energy - Thailand
- Oldendorff Carriers - Singapore
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- The State Trading Corporation of India Ltd
- Indian Oil Corporation Limited
- Trasteel International SA, Italy
- Grasim Industreis Ltd - India
- Sical Logistics Limited - India
- Commonwealth Bank - Australia
- Global Business Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
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- Agrawal Coal Company - India
- Sinarmas Energy and Mining - Indonesia
- Parliament of New Zealand
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- Port Waratah Coal Services - Australia
- Larsen & Toubro Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Samtan Co., Ltd - South Korea
- Global Coal Blending Company Limited - Australia
- Ministry of Transport, Egypt
- Krishnapatnam Port Company Ltd. - India
- GVK Power & Infra Limited - India
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- Alfred C Toepfer International GmbH - Germany
- Standard Chartered Bank - UAE
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- Maheswari Brothers Coal Limited - India
- Kepco SPC Power Corporation, Philippines
- Planning Commission, India
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- Thai Mozambique Logistica
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- Indo Tambangraya Megah - Indonesia
- India Bulls Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Indonesian Coal Mining Association
- Ministry of Finance - Indonesia
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- LBH Netherlands Bv - Netherlands
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- Petrochimia International Co. Ltd.- Taiwan
- Pendopo Energi Batubara - Indonesia
- Toyota Tsusho Corporation, Japan
- IHS Mccloskey Coal Group - USA
- GMR Energy Limited - India
- Kaltim Prima Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- New Zealand Coal & Carbon
- Ceylon Electricity Board - Sri Lanka
- IEA Clean Coal Centre - UK
- Madhucon Powers Ltd - India
- SMC Global Power, Philippines
- Bulk Trading Sa - Switzerland
- Leighton Contractors Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Baramulti Group, Indonesia
- Jorong Barutama Greston.PT - Indonesia
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- Directorate General of MIneral and Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Globalindo Alam Lestari - Indonesia
- ICICI Bank Limited - India
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- European Bulk Services B.V. - Netherlands
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- Coal and Oil Company - UAE
- Thiess Contractors Indonesia
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- Formosa Plastics Group - Taiwan
- Therma Luzon, Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
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- Singapore Mercantile Exchange
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- Miang Besar Coal Terminal - Indonesia
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