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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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- Sical Logistics Limited - India
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Jaiprakash Power Ventures ltd
- Latin American Coal - Colombia
- San Jose City I Power Corp, Philippines
- Videocon Industries ltd - India
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- Ministry of Transport, Egypt
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- Holcim Trading Pte Ltd - Singapore
- Australian Coal Association
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- MS Steel International - UAE
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indika Energy - Indonesia
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- Chamber of Mines of South Africa
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- Dalmia Cement Bharat India
- Alfred C Toepfer International GmbH - Germany
- Indogreen Group - Indonesia
- SMC Global Power, Philippines
- Independent Power Producers Association of India
- Essar Steel Hazira Ltd - India
- Global Business Power Corporation, Philippines
- Edison Trading Spa - Italy
- Globalindo Alam Lestari - Indonesia
- Eastern Coal Council - USA
- Aditya Birla Group - India
- Australian Commodity Traders Exchange
- Africa Commodities Group - South Africa
- Global Coal Blending Company Limited - Australia
- Indian Oil Corporation Limited
- Petrochimia International Co. Ltd.- Taiwan
- Mercuria Energy - Indonesia
- Carbofer General Trading SA - India
- Singapore Mercantile Exchange
- South Luzon Thermal Energy Corporation
- PowerSource Philippines DevCo
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- Bank of Tokyo Mitsubishi UFJ Ltd
- The University of Queensland
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- Standard Chartered Bank - UAE
- Romanian Commodities Exchange
- Commonwealth Bank - Australia
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- Billiton Holdings Pty Ltd - Australia
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- Karbindo Abesyapradhi - Indoneisa
- Energy Development Corp, Philippines
- Vedanta Resources Plc - India
- Leighton Contractors Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
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- Pendopo Energi Batubara - Indonesia
- Straits Asia Resources Limited - Singapore
- GAC Shipping (India) Pvt Ltd
- Indonesian Coal Mining Association
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- Binh Thuan Hamico - Vietnam
- Sojitz Corporation - Japan
- GN Power Mariveles Coal Plant, Philippines
- Thiess Contractors Indonesia
- Semirara Mining and Power Corporation, Philippines
- Planning Commission, India
- CIMB Investment Bank - Malaysia
- Coastal Gujarat Power Limited - India
- Parliament of New Zealand
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- Star Paper Mills Limited - India
- OPG Power Generation Pvt Ltd - India
- Agrawal Coal Company - India
- Kalimantan Lumbung Energi - Indonesia
- Electricity Authority, New Zealand
- New Zealand Coal & Carbon
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- Goldman Sachs - Singapore
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- Sindya Power Generating Company Private Ltd
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- The Treasury - Australian Government
- Neyveli Lignite Corporation Ltd, - India
- Barasentosa Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Renaissance Capital - South Africa
- Larsen & Toubro Limited - India
- Trasteel International SA, Italy
- Jorong Barutama Greston.PT - Indonesia
- Xindia Steels Limited - India
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- Chettinad Cement Corporation Ltd - India
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- Central Electricity Authority - India
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- Directorate General of MIneral and Coal - Indonesia
- Georgia Ports Authority, United States
- Coalindo Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Siam City Cement - Thailand
- CNBM International Corporation - China
- IEA Clean Coal Centre - UK
- Ministry of Mines - Canada
- White Energy Company Limited
- India Bulls Power Limited - India
- IHS Mccloskey Coal Group - USA
- Ambuja Cements Ltd - India
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- Energy Link Ltd, New Zealand
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- Kumho Petrochemical, South Korea
- Rashtriya Ispat Nigam Limited - India
- Bhoruka Overseas - Indonesia
- Ministry of Finance - Indonesia
- McConnell Dowell - Australia
- Intertek Mineral Services - Indonesia
- Bukit Makmur.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Antam Resourcindo - Indonesia
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- Medco Energi Mining Internasional
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- Economic Council, Georgia
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- Altura Mining Limited, Indonesia
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- Heidelberg Cement - Germany
- Directorate Of Revenue Intelligence - India
- Meenaskhi Energy Private Limited - India
- Interocean Group of Companies - India
- Timah Investasi Mineral - Indoneisa
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- Bukit Asam (Persero) Tbk - Indonesia
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