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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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- Goldman Sachs - Singapore
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- Parry Sugars Refinery, India
- Barasentosa Lestari - Indonesia
- Vizag Seaport Private Limited - India
- Kaltim Prima Coal - Indonesia
- The State Trading Corporation of India Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Agrawal Coal Company - India
- Renaissance Capital - South Africa
- Eastern Coal Council - USA
- CIMB Investment Bank - Malaysia
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- SMG Consultants - Indonesia
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- White Energy Company Limited
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- Indogreen Group - Indonesia
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- Africa Commodities Group - South Africa
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- Coal and Oil Company - UAE
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- GN Power Mariveles Coal Plant, Philippines
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- Bulk Trading Sa - Switzerland
- Georgia Ports Authority, United States
- Kideco Jaya Agung - Indonesia
- Economic Council, Georgia
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- GVK Power & Infra Limited - India
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- Altura Mining Limited, Indonesia
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- ICICI Bank Limited - India
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- Wood Mackenzie - Singapore
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- SN Aboitiz Power Inc, Philippines
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- Price Waterhouse Coopers - Russia
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- Port Waratah Coal Services - Australia
- Banpu Public Company Limited - Thailand
- Thiess Contractors Indonesia
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- Timah Investasi Mineral - Indoneisa
- Cement Manufacturers Association - India
- LBH Netherlands Bv - Netherlands
- Global Business Power Corporation, Philippines
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- Metalloyd Limited - United Kingdom
- Binh Thuan Hamico - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- TeaM Sual Corporation - Philippines
- Minerals Council of Australia
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- Bharathi Cement Corporation - India
- McConnell Dowell - Australia
- Commonwealth Bank - Australia
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- Holcim Trading Pte Ltd - Singapore
- Bayan Resources Tbk. - Indonesia
- The Treasury - Australian Government
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- Medco Energi Mining Internasional
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- Ministry of Transport, Egypt
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- Bhoruka Overseas - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Miang Besar Coal Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Indo Tambangraya Megah - Indonesia
- Australian Coal Association
- Parliament of New Zealand
- Bangladesh Power Developement Board
- Malabar Cements Ltd - India
- Energy Link Ltd, New Zealand
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- Ceylon Electricity Board - Sri Lanka
- Electricity Authority, New Zealand
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Chamber of Mines of South Africa
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- Mintek Dendrill Indonesia
- OPG Power Generation Pvt Ltd - India
- PTC India Limited - India
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Videocon Industries ltd - India
- IEA Clean Coal Centre - UK
- Oldendorff Carriers - Singapore
- Borneo Indobara - Indonesia
- Directorate Of Revenue Intelligence - India
- Sojitz Corporation - Japan
- Kobexindo Tractors - Indoneisa
- Eastern Energy - Thailand
- Manunggal Multi Energi - Indonesia
- Trasteel International SA, Italy
- Kalimantan Lumbung Energi - Indonesia
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- GMR Energy Limited - India
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- Wilmar Investment Holdings
- London Commodity Brokers - England
- Madhucon Powers Ltd - India
- Essar Steel Hazira Ltd - India
- Coastal Gujarat Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Edison Trading Spa - Italy
- Simpson Spence & Young - Indonesia
- Bukit Baiduri Energy - Indonesia
- Siam City Cement - Thailand
- European Bulk Services B.V. - Netherlands
- Energy Development Corp, Philippines
- Petron Corporation, Philippines
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- Pendopo Energi Batubara - Indonesia
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- Singapore Mercantile Exchange
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- Power Finance Corporation Ltd., India
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- Sical Logistics Limited - India
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- Alfred C Toepfer International GmbH - Germany
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- Indian Energy Exchange, India
- Coalindo Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- The University of Queensland
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- Thai Mozambique Logistica
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- Bahari Cakrawala Sebuku - Indonesia
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- Directorate General of MIneral and Coal - Indonesia
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Commodity Traders Exchange
- Interocean Group of Companies - India
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