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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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- Banpu Public Company Limited - Thailand
- Renaissance Capital - South Africa
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- Vizag Seaport Private Limited - India
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- Global Business Power Corporation, Philippines
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- Directorate Of Revenue Intelligence - India
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- The Treasury - Australian Government
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- Gujarat Sidhee Cement - India
- Toyota Tsusho Corporation, Japan
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- Global Green Power PLC Corporation, Philippines
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- Metalloyd Limited - United Kingdom
- Sakthi Sugars Limited - India
- Romanian Commodities Exchange
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- Ministry of Transport, Egypt
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- Pendopo Energi Batubara - Indonesia
- The University of Queensland
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parliament of New Zealand
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Sinarmas Energy and Mining - Indonesia
- Chettinad Cement Corporation Ltd - India
- New Zealand Coal & Carbon
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- Coalindo Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
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- San Jose City I Power Corp, Philippines
- Simpson Spence & Young - Indonesia
- India Bulls Power Limited - India
- Sree Jayajothi Cements Limited - India
- CNBM International Corporation - China
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- Bhoruka Overseas - Indonesia
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- Tata Chemicals Ltd - India
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- Antam Resourcindo - Indonesia
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- Trasteel International SA, Italy
- Kapuas Tunggal Persada - Indonesia
- Bayan Resources Tbk. - Indonesia
- Siam City Cement PLC, Thailand
- Anglo American - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Baiduri Energy - Indonesia
- Grasim Industreis Ltd - India
- Therma Luzon, Inc, Philippines
- Lanco Infratech Ltd - India
- Borneo Indobara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Eastern Energy - Thailand
- Timah Investasi Mineral - Indoneisa
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- Meralco Power Generation, Philippines
- The State Trading Corporation of India Ltd
- Rio Tinto Coal - Australia
- Eastern Coal Council - USA
- AsiaOL BioFuels Corp., Philippines
- Makarim & Taira - Indonesia
- Mjunction Services Limited - India
- Essar Steel Hazira Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Singapore Mercantile Exchange
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- Planning Commission, India
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- Bukit Makmur.PT - Indonesia
- Central Electricity Authority - India
- Directorate General of MIneral and Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Larsen & Toubro Limited - India
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- Ministry of Finance - Indonesia
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- Bhatia International Limited - India
- Indonesian Coal Mining Association
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- TNB Fuel Sdn Bhd - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- White Energy Company Limited
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- Indo Tambangraya Megah - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- GMR Energy Limited - India
- Electricity Generating Authority of Thailand
- Australian Coal Association
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- Malabar Cements Ltd - India
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- London Commodity Brokers - England
- MS Steel International - UAE
- Orica Australia Pty. Ltd.
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- Medco Energi Mining Internasional
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- Price Waterhouse Coopers - Russia
- Samtan Co., Ltd - South Korea
- Energy Link Ltd, New Zealand
- Carbofer General Trading SA - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Latin American Coal - Colombia
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- Cigading International Bulk Terminal - Indonesia
- Mercator Lines Limited - India
- Wood Mackenzie - Singapore
- Indian Oil Corporation Limited
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- PowerSource Philippines DevCo
- Africa Commodities Group - South Africa
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- Sical Logistics Limited - India
- International Coal Ventures Pvt Ltd - India
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- Bhushan Steel Limited - India
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- Gujarat Mineral Development Corp Ltd - India
- IEA Clean Coal Centre - UK
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- Aboitiz Power Corporation - Philippines
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- TeaM Sual Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
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- McConnell Dowell - Australia
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- SMC Global Power, Philippines
- Sojitz Corporation - Japan
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- PetroVietnam Power Coal Import and Supply Company
- ASAPP Information Group - India
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- Ministry of Mines - Canada
- Coal and Oil Company - UAE
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