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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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- Kobexindo Tractors - Indoneisa
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- Price Waterhouse Coopers - Russia
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- Ambuja Cements Ltd - India
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- Merrill Lynch Commodities Europe
- Orica Australia Pty. Ltd.
- Sical Logistics Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Bhatia International Limited - India
- Tata Chemicals Ltd - India
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- Coastal Gujarat Power Limited - India
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- White Energy Company Limited
- London Commodity Brokers - England
- LBH Netherlands Bv - Netherlands
- Globalindo Alam Lestari - Indonesia
- Malabar Cements Ltd - India
- Independent Power Producers Association of India
- Ind-Barath Power Infra Limited - India
- PTC India Limited - India
- Mintek Dendrill Indonesia
- GAC Shipping (India) Pvt Ltd
- Coal and Oil Company - UAE
- Therma Luzon, Inc, Philippines
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- Central Electricity Authority - India
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- Economic Council, Georgia
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- GN Power Mariveles Coal Plant, Philippines
- Directorate Of Revenue Intelligence - India
- Samtan Co., Ltd - South Korea
- Miang Besar Coal Terminal - Indonesia
- Energy Development Corp, Philippines
- Singapore Mercantile Exchange
- Maharashtra Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Ministry of Mines - Canada
- Riau Bara Harum - Indonesia
- IHS Mccloskey Coal Group - USA
- Leighton Contractors Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Straits Asia Resources Limited - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Wilmar Investment Holdings
- Ministry of Finance - Indonesia
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- Meralco Power Generation, Philippines
- Australian Coal Association
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- VISA Power Limited - India
- Eastern Energy - Thailand
- Sojitz Corporation - Japan
- Cement Manufacturers Association - India
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- SMC Global Power, Philippines
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- Kaltim Prima Coal - Indonesia
- Larsen & Toubro Limited - India
- Kapuas Tunggal Persada - Indonesia
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- Bhushan Steel Limited - India
- CIMB Investment Bank - Malaysia
- Bayan Resources Tbk. - Indonesia
- Makarim & Taira - Indonesia
- Indika Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Standard Chartered Bank - UAE
- Indogreen Group - Indonesia
- The State Trading Corporation of India Ltd
- Chamber of Mines of South Africa
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- Indian Energy Exchange, India
- Kepco SPC Power Corporation, Philippines
- Medco Energi Mining Internasional
- Semirara Mining Corp, Philippines
- The University of Queensland
- Parliament of New Zealand
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- Antam Resourcindo - Indonesia
- Madhucon Powers Ltd - India
- Renaissance Capital - South Africa
- Kartika Selabumi Mining - Indonesia
- Marubeni Corporation - India
- SMG Consultants - Indonesia
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- Intertek Mineral Services - Indonesia
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- Metalloyd Limited - United Kingdom
- Thiess Contractors Indonesia
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- Indian Oil Corporation Limited
- European Bulk Services B.V. - Netherlands
- Agrawal Coal Company - India
- Minerals Council of Australia
- Electricity Generating Authority of Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Posco Energy - South Korea
- Commonwealth Bank - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Holcim Trading Pte Ltd - Singapore
- Salva Resources Pvt Ltd - India
- Trasteel International SA, Italy
- Neyveli Lignite Corporation Ltd, - India
- San Jose City I Power Corp, Philippines
- Siam City Cement PLC, Thailand
- Gujarat Sidhee Cement - India
- Maheswari Brothers Coal Limited - India
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- Energy Link Ltd, New Zealand
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- Kohat Cement Company Ltd. - Pakistan
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- Jorong Barutama Greston.PT - Indonesia
- Videocon Industries ltd - India
- Latin American Coal - Colombia
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- Power Finance Corporation Ltd., India
- Ministry of Transport, Egypt
- Bhoruka Overseas - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meenaskhi Energy Private Limited - India
- MS Steel International - UAE
- Australian Commodity Traders Exchange
- IEA Clean Coal Centre - UK
- Sarangani Energy Corporation, Philippines
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- New Zealand Coal & Carbon
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- Ceylon Electricity Board - Sri Lanka
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- Rashtriya Ispat Nigam Limited - India
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- Orica Mining Services - Indonesia
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- Cigading International Bulk Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Mjunction Services Limited - India
- Lanco Infratech Ltd - India
- Banpu Public Company Limited - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Georgia Ports Authority, United States
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- Romanian Commodities Exchange
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