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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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- Heidelberg Cement - Germany
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- Kohat Cement Company Ltd. - Pakistan
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- Meralco Power Generation, Philippines
- TeaM Sual Corporation - Philippines
- Siam City Cement - Thailand
- White Energy Company Limited
- Mercuria Energy - Indonesia
- Ministry of Finance - Indonesia
- Indian Oil Corporation Limited
- Aditya Birla Group - India
- LBH Netherlands Bv - Netherlands
- Aboitiz Power Corporation - Philippines
- Marubeni Corporation - India
- Intertek Mineral Services - Indonesia
- Salva Resources Pvt Ltd - India
- Indogreen Group - Indonesia
- Renaissance Capital - South Africa
- Economic Council, Georgia
- Deloitte Consulting - India
- Mercator Lines Limited - India
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- Electricity Authority, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Timah Investasi Mineral - Indoneisa
- Global Coal Blending Company Limited - Australia
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- Trasteel International SA, Italy
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- IEA Clean Coal Centre - UK
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- Billiton Holdings Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Uttam Galva Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Bangladesh Power Developement Board
- Kepco SPC Power Corporation, Philippines
- PTC India Limited - India
- ASAPP Information Group - India
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- Essar Steel Hazira Ltd - India
- Gujarat Sidhee Cement - India
- Metalloyd Limited - United Kingdom
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- Indonesian Coal Mining Association
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- Planning Commission, India
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- SN Aboitiz Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
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- Price Waterhouse Coopers - Russia
- Leighton Contractors Pty Ltd - Australia
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- Larsen & Toubro Limited - India
- Kalimantan Lumbung Energi - Indonesia
- CNBM International Corporation - China
- Parliament of New Zealand
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mintek Dendrill Indonesia
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- GVK Power & Infra Limited - India
- Vizag Seaport Private Limited - India
- Romanian Commodities Exchange
- Semirara Mining Corp, Philippines
- Xindia Steels Limited - India
- London Commodity Brokers - England
- Ambuja Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
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- Energy Development Corp, Philippines
- Ministry of Mines - Canada
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- Central Electricity Authority - India
- Singapore Mercantile Exchange
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- Lanco Infratech Ltd - India
- Goldman Sachs - Singapore
- Carbofer General Trading SA - India
- Australian Coal Association
- Dalmia Cement Bharat India
- Ind-Barath Power Infra Limited - India
- Baramulti Group, Indonesia
- Tata Chemicals Ltd - India
- Independent Power Producers Association of India
- Sojitz Corporation - Japan
- Orica Mining Services - Indonesia
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- GAC Shipping (India) Pvt Ltd
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- Indian Energy Exchange, India
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- Australian Commodity Traders Exchange
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