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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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- Chettinad Cement Corporation Ltd - India
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- Indian Energy Exchange, India
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- McConnell Dowell - Australia
- Petron Corporation, Philippines
- Parliament of New Zealand
- AsiaOL BioFuels Corp., Philippines
- Eastern Coal Council - USA
- Makarim & Taira - Indonesia
- Sojitz Corporation - Japan
- Gujarat Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Jaiprakash Power Ventures ltd
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- Pipit Mutiara Jaya. PT, Indonesia
- Wood Mackenzie - Singapore
- Kepco SPC Power Corporation, Philippines
- Wilmar Investment Holdings
- Meralco Power Generation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhushan Steel Limited - India
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- Siam City Cement PLC, Thailand
- SN Aboitiz Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Bhatia International Limited - India
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- Malabar Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
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- ICICI Bank Limited - India
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- Borneo Indobara - Indonesia
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- Standard Chartered Bank - UAE
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- Merrill Lynch Commodities Europe
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- Chamber of Mines of South Africa
- Planning Commission, India
- The University of Queensland
- Central Electricity Authority - India
- Carbofer General Trading SA - India
- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
- Marubeni Corporation - India
- Ambuja Cements Ltd - India
- Indonesian Coal Mining Association
- OPG Power Generation Pvt Ltd - India
- Agrawal Coal Company - India
- Port Waratah Coal Services - Australia
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- Vijayanagar Sugar Pvt Ltd - India
- Energy Development Corp, Philippines
- VISA Power Limited - India
- Mintek Dendrill Indonesia
- Alfred C Toepfer International GmbH - Germany
- Deloitte Consulting - India
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- Aditya Birla Group - India
- CNBM International Corporation - China
- SMC Global Power, Philippines
- Thai Mozambique Logistica
- Formosa Plastics Group - Taiwan
- Sree Jayajothi Cements Limited - India
- Australian Commodity Traders Exchange
- Bulk Trading Sa - Switzerland
- Petrochimia International Co. Ltd.- Taiwan
- Kobexindo Tractors - Indoneisa
- Posco Energy - South Korea
- Indian Oil Corporation Limited
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- Globalindo Alam Lestari - Indonesia
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- IEA Clean Coal Centre - UK
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- Bukit Asam (Persero) Tbk - Indonesia
- The Treasury - Australian Government
- PowerSource Philippines DevCo
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- Parry Sugars Refinery, India
- India Bulls Power Limited - India
- Xindia Steels Limited - India
- Goldman Sachs - Singapore
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- Bahari Cakrawala Sebuku - Indonesia
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- Essar Steel Hazira Ltd - India
- Mjunction Services Limited - India
- Coastal Gujarat Power Limited - India
- GVK Power & Infra Limited - India
- White Energy Company Limited
- Renaissance Capital - South Africa
- LBH Netherlands Bv - Netherlands
- Minerals Council of Australia
- Cigading International Bulk Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Miang Besar Coal Terminal - Indonesia
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- Electricity Authority, New Zealand
- Sarangani Energy Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Global Coal Blending Company Limited - Australia
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- International Coal Ventures Pvt Ltd - India
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- European Bulk Services B.V. - Netherlands
- Indo Tambangraya Megah - Indonesia
- Eastern Energy - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Altura Mining Limited, Indonesia
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- Coal and Oil Company - UAE
- Energy Link Ltd, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Billiton Holdings Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Bangladesh Power Developement Board
- Samtan Co., Ltd - South Korea
- Therma Luzon, Inc, Philippines
- Indogreen Group - Indonesia
- MS Steel International - UAE
- Romanian Commodities Exchange
- Australian Coal Association
- Gujarat Sidhee Cement - India
- Maharashtra Electricity Regulatory Commission - India
- Trasteel International SA, Italy
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