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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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- Sree Jayajothi Cements Limited - India
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- Economic Council, Georgia
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- Australian Commodity Traders Exchange
- Savvy Resources Ltd - HongKong
- ICICI Bank Limited - India
- OPG Power Generation Pvt Ltd - India
- Heidelberg Cement - Germany
- Tata Chemicals Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
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- Planning Commission, India
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- London Commodity Brokers - England
- GAC Shipping (India) Pvt Ltd
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- White Energy Company Limited
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- Parliament of New Zealand
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- Toyota Tsusho Corporation, Japan
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- Agrawal Coal Company - India
- Gujarat Sidhee Cement - India
- CIMB Investment Bank - Malaysia
- Posco Energy - South Korea
- Salva Resources Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Port Waratah Coal Services - Australia
- Bulk Trading Sa - Switzerland
- Mintek Dendrill Indonesia
- Bukit Makmur.PT - Indonesia
- Madhucon Powers Ltd - India
- Jaiprakash Power Ventures ltd
- Antam Resourcindo - Indonesia
- Trasteel International SA, Italy
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ceylon Electricity Board - Sri Lanka
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- Kideco Jaya Agung - Indonesia
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- Electricity Authority, New Zealand
- ASAPP Information Group - India
- Neyveli Lignite Corporation Ltd, - India
- Baramulti Group, Indonesia
- Global Coal Blending Company Limited - Australia
- Alfred C Toepfer International GmbH - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Africa Commodities Group - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Coalindo Energy - Indonesia
- Meralco Power Generation, Philippines
- Ministry of Transport, Egypt
- Vizag Seaport Private Limited - India
- Straits Asia Resources Limited - Singapore
- Georgia Ports Authority, United States
- Singapore Mercantile Exchange
- Sojitz Corporation - Japan
- Indian Oil Corporation Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- MS Steel International - UAE
- Semirara Mining Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Bangladesh Power Developement Board
- Coastal Gujarat Power Limited - India
- PowerSource Philippines DevCo
- Kartika Selabumi Mining - Indonesia
- Altura Mining Limited, Indonesia
- Indian Energy Exchange, India
- Eastern Coal Council - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Ind-Barath Power Infra Limited - India
- Standard Chartered Bank - UAE
- Grasim Industreis Ltd - India
- Karaikal Port Pvt Ltd - India
- Aditya Birla Group - India
- Wood Mackenzie - Singapore
- Sarangani Energy Corporation, Philippines
- Uttam Galva Steels Limited - India
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- Ministry of Mines - Canada
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- SN Aboitiz Power Inc, Philippines
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- Gujarat Mineral Development Corp Ltd - India
- Sinarmas Energy and Mining - Indonesia
- European Bulk Services B.V. - Netherlands
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- Petron Corporation, Philippines
- Australian Coal Association
- VISA Power Limited - India
- Renaissance Capital - South Africa
- Global Green Power PLC Corporation, Philippines
- Commonwealth Bank - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Minerals Council of Australia
- Indogreen Group - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- SMC Global Power, Philippines
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- India Bulls Power Limited - India
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- Pendopo Energi Batubara - Indonesia
- Rio Tinto Coal - Australia
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- Directorate Of Revenue Intelligence - India
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- New Zealand Coal & Carbon
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- Sakthi Sugars Limited - India
- Mjunction Services Limited - India
- Orica Mining Services - Indonesia
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Coal and Oil Company - UAE
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- LBH Netherlands Bv - Netherlands
- The University of Queensland
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- SMG Consultants - Indonesia
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- Merrill Lynch Commodities Europe
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- PTC India Limited - India
- Aboitiz Power Corporation - Philippines
- Interocean Group of Companies - India
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- AsiaOL BioFuels Corp., Philippines
- McConnell Dowell - Australia
- Lanco Infratech Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- IHS Mccloskey Coal Group - USA
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- Ministry of Finance - Indonesia
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- Chamber of Mines of South Africa
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- IEA Clean Coal Centre - UK
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- Medco Energi Mining Internasional
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- Tamil Nadu electricity Board
- Goldman Sachs - Singapore
- Banpu Public Company Limited - Thailand
- Marubeni Corporation - India
- Mercator Lines Limited - India
- Electricity Generating Authority of Thailand
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