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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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- Kohat Cement Company Ltd. - Pakistan
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- Savvy Resources Ltd - HongKong
- Georgia Ports Authority, United States
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- Mjunction Services Limited - India
- Vedanta Resources Plc - India
- Banpu Public Company Limited - Thailand
- The State Trading Corporation of India Ltd
- Parliament of New Zealand
- Indo Tambangraya Megah - Indonesia
- Agrawal Coal Company - India
- Samtan Co., Ltd - South Korea
- GAC Shipping (India) Pvt Ltd
- Therma Luzon, Inc, Philippines
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- Altura Mining Limited, Indonesia
- Australian Commodity Traders Exchange
- Dalmia Cement Bharat India
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- Siam City Cement PLC, Thailand
- London Commodity Brokers - England
- Uttam Galva Steels Limited - India
- ICICI Bank Limited - India
- Bulk Trading Sa - Switzerland
- Renaissance Capital - South Africa
- Central Java Power - Indonesia
- ASAPP Information Group - India
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- Cement Manufacturers Association - India
- LBH Netherlands Bv - Netherlands
- Oldendorff Carriers - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Global Coal Blending Company Limited - Australia
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- Singapore Mercantile Exchange
- Planning Commission, India
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- Aditya Birla Group - India
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- Bayan Resources Tbk. - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Kapuas Tunggal Persada - Indonesia
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- Aboitiz Power Corporation - Philippines
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- Latin American Coal - Colombia
- Baramulti Group, Indonesia
- SMG Consultants - Indonesia
- Ministry of Finance - Indonesia
- European Bulk Services B.V. - Netherlands
- Commonwealth Bank - Australia
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- Kobexindo Tractors - Indoneisa
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- Energy Development Corp, Philippines
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- Bangladesh Power Developement Board
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- Iligan Light & Power Inc, Philippines
- Medco Energi Mining Internasional
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- TNB Fuel Sdn Bhd - Malaysia
- MS Steel International - UAE
- Ambuja Cements Ltd - India
- Price Waterhouse Coopers - Russia
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- Posco Energy - South Korea
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- Timah Investasi Mineral - Indoneisa
- Carbofer General Trading SA - India
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- Straits Asia Resources Limited - Singapore
- Coastal Gujarat Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Bukit Baiduri Energy - Indonesia
- Economic Council, Georgia
- Bahari Cakrawala Sebuku - Indonesia
- Indian Energy Exchange, India
- GVK Power & Infra Limited - India
- Trasteel International SA, Italy
- Minerals Council of Australia
- Star Paper Mills Limited - India
- Rio Tinto Coal - Australia
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- India Bulls Power Limited - India
- Electricity Generating Authority of Thailand
- Power Finance Corporation Ltd., India
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- The Treasury - Australian Government
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- Australian Coal Association
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PTC India Limited - India
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- Maheswari Brothers Coal Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Edison Trading Spa - Italy
- Energy Link Ltd, New Zealand
- Xindia Steels Limited - India
- Standard Chartered Bank - UAE
- Goldman Sachs - Singapore
- Eastern Energy - Thailand
- Jindal Steel & Power Ltd - India
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- Makarim & Taira - Indonesia
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- Binh Thuan Hamico - Vietnam
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- New Zealand Coal & Carbon
- Global Business Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- Ministry of Mines - Canada
- Sojitz Corporation - Japan
- Lanco Infratech Ltd - India
- Thiess Contractors Indonesia
- Grasim Industreis Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
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- Interocean Group of Companies - India
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