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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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- Krishnapatnam Port Company Ltd. - India
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- Deloitte Consulting - India
- Metalloyd Limited - United Kingdom
- The University of Queensland
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- AsiaOL BioFuels Corp., Philippines
- Madhucon Powers Ltd - India
- South Luzon Thermal Energy Corporation
- GVK Power & Infra Limited - India
- Singapore Mercantile Exchange
- Minerals Council of Australia
- Ministry of Finance - Indonesia
- European Bulk Services B.V. - Netherlands
- Parry Sugars Refinery, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petron Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Borneo Indobara - Indonesia
- Sree Jayajothi Cements Limited - India
- Electricity Authority, New Zealand
- Bhoruka Overseas - Indonesia
- Central Electricity Authority - India
- Bhatia International Limited - India
- Energy Link Ltd, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- Kideco Jaya Agung - Indonesia
- Port Waratah Coal Services - Australia
- Georgia Ports Authority, United States
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- Independent Power Producers Association of India
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- Medco Energi Mining Internasional
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- Africa Commodities Group - South Africa
- Rashtriya Ispat Nigam Limited - India
- Price Waterhouse Coopers - Russia
- Orica Mining Services - Indonesia
- Bukit Makmur.PT - Indonesia
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- Thai Mozambique Logistica
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- Sarangani Energy Corporation, Philippines
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- Mercator Lines Limited - India
- Wood Mackenzie - Singapore
- Posco Energy - South Korea
- Sical Logistics Limited - India
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- Lanco Infratech Ltd - India
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- McConnell Dowell - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Timah Investasi Mineral - Indoneisa
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- Kobexindo Tractors - Indoneisa
- Mintek Dendrill Indonesia
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- Planning Commission, India
- Indian Oil Corporation Limited
- Sojitz Corporation - Japan
- Coal and Oil Company - UAE
- Vizag Seaport Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Miang Besar Coal Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Indonesian Coal Mining Association
- Dalmia Cement Bharat India
- Aboitiz Power Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- IHS Mccloskey Coal Group - USA
- Uttam Galva Steels Limited - India
- MS Steel International - UAE
- Simpson Spence & Young - Indonesia
- Mjunction Services Limited - India
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- Pipit Mutiara Jaya. PT, Indonesia
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- Oldendorff Carriers - Singapore
- Romanian Commodities Exchange
- GMR Energy Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Energy - Thailand
- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- The Treasury - Australian Government
- Cigading International Bulk Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Goldman Sachs - Singapore
- Bayan Resources Tbk. - Indonesia
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- Power Finance Corporation Ltd., India
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- Eastern Coal Council - USA
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- Wilmar Investment Holdings
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- Formosa Plastics Group - Taiwan
- Renaissance Capital - South Africa
- Global Coal Blending Company Limited - Australia
- Attock Cement Pakistan Limited
- India Bulls Power Limited - India
- Meralco Power Generation, Philippines
- CIMB Investment Bank - Malaysia
- Agrawal Coal Company - India
- Iligan Light & Power Inc, Philippines
- Chamber of Mines of South Africa
- Cement Manufacturers Association - India
- Leighton Contractors Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
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- Interocean Group of Companies - India
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- Samtan Co., Ltd - South Korea
- Manunggal Multi Energi - Indonesia
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- Economic Council, Georgia
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- Sindya Power Generating Company Private Ltd
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- SMG Consultants - Indonesia
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- Parliament of New Zealand
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- Bulk Trading Sa - Switzerland
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- Australian Coal Association
- Siam City Cement - Thailand
- Essar Steel Hazira Ltd - India
- Barasentosa Lestari - Indonesia
- Indian Energy Exchange, India
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- The State Trading Corporation of India Ltd
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