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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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- Bukit Baiduri Energy - Indonesia
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- India Bulls Power Limited - India
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- Leighton Contractors Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Ceylon Electricity Board - Sri Lanka
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- Kapuas Tunggal Persada - Indonesia
- Chamber of Mines of South Africa
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- Coastal Gujarat Power Limited - India
- Port Waratah Coal Services - Australia
- Malabar Cements Ltd - India
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- Bharathi Cement Corporation - India
- GAC Shipping (India) Pvt Ltd
- Sakthi Sugars Limited - India
- Ministry of Mines - Canada
- CNBM International Corporation - China
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- Siam City Cement PLC, Thailand
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- Samtan Co., Ltd - South Korea
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- San Jose City I Power Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Orica Australia Pty. Ltd.
- Eastern Coal Council - USA
- VISA Power Limited - India
- Ministry of Finance - Indonesia
- Kideco Jaya Agung - Indonesia
- South Luzon Thermal Energy Corporation
- Rashtriya Ispat Nigam Limited - India
- Electricity Generating Authority of Thailand
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- Alfred C Toepfer International GmbH - Germany
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- London Commodity Brokers - England
- Maharashtra Electricity Regulatory Commission - India
- MS Steel International - UAE
- IHS Mccloskey Coal Group - USA
- Agrawal Coal Company - India
- The State Trading Corporation of India Ltd
- Bukit Makmur.PT - Indonesia
- Indian Energy Exchange, India
- Directorate General of MIneral and Coal - Indonesia
- GMR Energy Limited - India
- Altura Mining Limited, Indonesia
- Madhucon Powers Ltd - India
- Petron Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Straits Asia Resources Limited - Singapore
- Star Paper Mills Limited - India
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- Ministry of Transport, Egypt
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- Formosa Plastics Group - Taiwan
- Indonesian Coal Mining Association
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- Globalindo Alam Lestari - Indonesia
- Medco Energi Mining Internasional
- Videocon Industries ltd - India
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- Bahari Cakrawala Sebuku - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sojitz Corporation - Japan
- Miang Besar Coal Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- The University of Queensland
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- Offshore Bulk Terminal Pte Ltd, Singapore
- IEA Clean Coal Centre - UK
- Planning Commission, India
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- Economic Council, Georgia
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- Xindia Steels Limited - India
- Australian Coal Association
- Ind-Barath Power Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Power Finance Corporation Ltd., India
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- Kepco SPC Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Metalloyd Limited - United Kingdom
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- Global Coal Blending Company Limited - Australia
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- Parliament of New Zealand
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- Semirara Mining Corp, Philippines
- Attock Cement Pakistan Limited
- Posco Energy - South Korea
- Romanian Commodities Exchange
- Australian Commodity Traders Exchange
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- Larsen & Toubro Limited - India
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- Electricity Authority, New Zealand
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- Singapore Mercantile Exchange
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- Kumho Petrochemical, South Korea
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- Wood Mackenzie - Singapore
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