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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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- Ind-Barath Power Infra Limited - India
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- Romanian Commodities Exchange
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- Ministry of Finance - Indonesia
- Power Finance Corporation Ltd., India
- Deloitte Consulting - India
- Directorate Of Revenue Intelligence - India
- CIMB Investment Bank - Malaysia
- Indogreen Group - Indonesia
- Chettinad Cement Corporation Ltd - India
- Mercator Lines Limited - India
- Ambuja Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Commonwealth Bank - Australia
- Maheswari Brothers Coal Limited - India
- SMG Consultants - Indonesia
- Timah Investasi Mineral - Indoneisa
- Eastern Coal Council - USA
- London Commodity Brokers - England
- Mjunction Services Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Price Waterhouse Coopers - Russia
- Electricity Generating Authority of Thailand
- VISA Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Videocon Industries ltd - India
- Toyota Tsusho Corporation, Japan
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- European Bulk Services B.V. - Netherlands
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- Chamber of Mines of South Africa
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- Pipit Mutiara Jaya. PT, Indonesia
- Bhatia International Limited - India
- Energy Link Ltd, New Zealand
- Madhucon Powers Ltd - India
- Australian Coal Association
- Electricity Authority, New Zealand
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- Marubeni Corporation - India
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- Mintek Dendrill Indonesia
- Bhushan Steel Limited - India
- Essar Steel Hazira Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Sinarmas Energy and Mining - Indonesia
- The University of Queensland
- Gujarat Electricity Regulatory Commission - India
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- Singapore Mercantile Exchange
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- Karbindo Abesyapradhi - Indoneisa
- Sical Logistics Limited - India
- Parliament of New Zealand
- Globalindo Alam Lestari - Indonesia
- Bangladesh Power Developement Board
- Makarim & Taira - Indonesia
- Straits Asia Resources Limited - Singapore
- Goldman Sachs - Singapore
- Wood Mackenzie - Singapore
- Pendopo Energi Batubara - Indonesia
- White Energy Company Limited
- Global Coal Blending Company Limited - Australia
- Thiess Contractors Indonesia
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- Bhoruka Overseas - Indonesia
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- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Edison Trading Spa - Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CNBM International Corporation - China
- Kideco Jaya Agung - Indonesia
- Thai Mozambique Logistica
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- Global Business Power Corporation, Philippines
- Ministry of Transport, Egypt
- Tamil Nadu electricity Board
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- Wilmar Investment Holdings
- SN Aboitiz Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Indo Tambangraya Megah - Indonesia
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- Kartika Selabumi Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Minerals Council of Australia
- Standard Chartered Bank - UAE
- Gujarat Sidhee Cement - India
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- Kobexindo Tractors - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Planning Commission, India
- Central Java Power - Indonesia
- Iligan Light & Power Inc, Philippines
- Renaissance Capital - South Africa
- Barasentosa Lestari - Indonesia
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- Manunggal Multi Energi - Indonesia
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- Petron Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
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- GVK Power & Infra Limited - India
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- Australian Commodity Traders Exchange
- Indonesian Coal Mining Association
- Banpu Public Company Limited - Thailand
- Oldendorff Carriers - Singapore
- Indika Energy - Indonesia
- Independent Power Producers Association of India
- ICICI Bank Limited - India
- Karaikal Port Pvt Ltd - India
- Economic Council, Georgia
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- Kapuas Tunggal Persada - Indonesia
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- IHS Mccloskey Coal Group - USA
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- Savvy Resources Ltd - HongKong
- Aboitiz Power Corporation - Philippines
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- Indian Energy Exchange, India
- Medco Energi Mining Internasional
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Riau Bara Harum - Indonesia
- Coalindo Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- The State Trading Corporation of India Ltd
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- Siam City Cement - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sojitz Corporation - Japan
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