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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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- Oldendorff Carriers - Singapore
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- Siam City Cement - Thailand
- Parry Sugars Refinery, India
- MS Steel International - UAE
- Orica Mining Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Renaissance Capital - South Africa
- GVK Power & Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- Indonesian Coal Mining Association
- Commonwealth Bank - Australia
- Krishnapatnam Port Company Ltd. - India
- Iligan Light & Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Thai Mozambique Logistica
- Minerals Council of Australia
- Alfred C Toepfer International GmbH - Germany
- Australian Coal Association
- Gujarat Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Planning Commission, India
- VISA Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Sical Logistics Limited - India
- Ministry of Transport, Egypt
- Ministry of Mines - Canada
- Latin American Coal - Colombia
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- Karaikal Port Pvt Ltd - India
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- Sree Jayajothi Cements Limited - India
- Interocean Group of Companies - India
- Coal and Oil Company - UAE
- Medco Energi Mining Internasional
- Bangladesh Power Developement Board
- GMR Energy Limited - India
- Central Electricity Authority - India
- Asmin Koalindo Tuhup - Indonesia
- Chamber of Mines of South Africa
- Sinarmas Energy and Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pipit Mutiara Jaya. PT, Indonesia
- Kumho Petrochemical, South Korea
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Africa Commodities Group - South Africa
- Sakthi Sugars Limited - India
- TeaM Sual Corporation - Philippines
- Bulk Trading Sa - Switzerland
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- Tamil Nadu electricity Board
- Merrill Lynch Commodities Europe
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- SMG Consultants - Indonesia
- Indian Oil Corporation Limited
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- Miang Besar Coal Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indogreen Group - Indonesia
- Edison Trading Spa - Italy
- Economic Council, Georgia
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- Aboitiz Power Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
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- Global Coal Blending Company Limited - Australia
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- TNB Fuel Sdn Bhd - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Uttam Galva Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- The Treasury - Australian Government
- London Commodity Brokers - England
- ASAPP Information Group - India
- Dalmia Cement Bharat India
- Mjunction Services Limited - India
- Deloitte Consulting - India
- Lanco Infratech Ltd - India
- European Bulk Services B.V. - Netherlands
- Jaiprakash Power Ventures ltd
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- GN Power Mariveles Coal Plant, Philippines
- OPG Power Generation Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- The State Trading Corporation of India Ltd
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- Leighton Contractors Pty Ltd - Australia
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- Banpu Public Company Limited - Thailand
- Samtan Co., Ltd - South Korea
- Madhucon Powers Ltd - India
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- Cigading International Bulk Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Antam Resourcindo - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Ambuja Cements Ltd - India
- Standard Chartered Bank - UAE
- Thiess Contractors Indonesia
- The University of Queensland
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- Independent Power Producers Association of India
- Australian Commodity Traders Exchange
- Parliament of New Zealand
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- Energy Development Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
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- Attock Cement Pakistan Limited
- Central Java Power - Indonesia
- Baramulti Group, Indonesia
- White Energy Company Limited
- Romanian Commodities Exchange
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- Bukit Baiduri Energy - Indonesia
- Videocon Industries ltd - India
- Goldman Sachs - Singapore
- Bukit Makmur.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Bhatia International Limited - India
- Rashtriya Ispat Nigam Limited - India
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- Singapore Mercantile Exchange
- Metalloyd Limited - United Kingdom
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- PetroVietnam Power Coal Import and Supply Company
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- Bhoruka Overseas - Indonesia
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- Kapuas Tunggal Persada - Indonesia
- Kobexindo Tractors - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- SMC Global Power, Philippines
- Indian Energy Exchange, India
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- Wood Mackenzie - Singapore
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- IEA Clean Coal Centre - UK
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