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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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- Neyveli Lignite Corporation Ltd, - India
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- Price Waterhouse Coopers - Russia
- Bangladesh Power Developement Board
- Maharashtra Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Gujarat Sidhee Cement - India
- TeaM Sual Corporation - Philippines
- Siam City Cement - Thailand
- Grasim Industreis Ltd - India
- The State Trading Corporation of India Ltd
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- Binh Thuan Hamico - Vietnam
- Mercator Lines Limited - India
- Eastern Energy - Thailand
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- Jaiprakash Power Ventures ltd
- Wood Mackenzie - Singapore
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- Indika Energy - Indonesia
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- Mintek Dendrill Indonesia
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- London Commodity Brokers - England
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- Romanian Commodities Exchange
- Sindya Power Generating Company Private Ltd
- Altura Mining Limited, Indonesia
- Economic Council, Georgia
- Eastern Coal Council - USA
- Holcim Trading Pte Ltd - Singapore
- Barasentosa Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Energy Link Ltd, New Zealand
- International Coal Ventures Pvt Ltd - India
- Minerals Council of Australia
- Xindia Steels Limited - India
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- Directorate General of MIneral and Coal - Indonesia
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- Chamber of Mines of South Africa
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- Commonwealth Bank - Australia
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- Africa Commodities Group - South Africa
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- Kepco SPC Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Australian Commodity Traders Exchange
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- Therma Luzon, Inc, Philippines
- Coalindo Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sical Logistics Limited - India
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- PowerSource Philippines DevCo
- Australian Coal Association
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- Mjunction Services Limited - India
- Siam City Cement PLC, Thailand
- Attock Cement Pakistan Limited
- GVK Power & Infra Limited - India
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- Billiton Holdings Pty Ltd - Australia
- GMR Energy Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- South Luzon Thermal Energy Corporation
- The Treasury - Australian Government
- India Bulls Power Limited - India
- Latin American Coal - Colombia
- Bhatia International Limited - India
- Semirara Mining and Power Corporation, Philippines
- Interocean Group of Companies - India
- Central Electricity Authority - India
- Meenaskhi Energy Private Limited - India
- Ministry of Finance - Indonesia
- Parry Sugars Refinery, India
- Bayan Resources Tbk. - Indonesia
- CNBM International Corporation - China
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- PTC India Limited - India
- Indian Energy Exchange, India
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- Borneo Indobara - Indonesia
- Bukit Makmur.PT - Indonesia
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- European Bulk Services B.V. - Netherlands
- Indogreen Group - Indonesia
- Power Finance Corporation Ltd., India
- Port Waratah Coal Services - Australia
- Georgia Ports Authority, United States
- Goldman Sachs - Singapore
- Videocon Industries ltd - India
- Banpu Public Company Limited - Thailand
- Ministry of Transport, Egypt
- MS Steel International - UAE
- Anglo American - United Kingdom
- Parliament of New Zealand
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- Electricity Authority, New Zealand
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- Asmin Koalindo Tuhup - Indonesia
- San Jose City I Power Corp, Philippines
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- Bhoruka Overseas - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Cigading International Bulk Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Jorong Barutama Greston.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Renaissance Capital - South Africa
- Indonesian Coal Mining Association
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- Coal and Oil Company - UAE
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- Edison Trading Spa - Italy
- IEA Clean Coal Centre - UK
- Aditya Birla Group - India
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- Karbindo Abesyapradhi - Indoneisa
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- The University of Queensland
- Merrill Lynch Commodities Europe
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- Globalindo Alam Lestari - Indonesia
- Star Paper Mills Limited - India
- ASAPP Information Group - India
- Thai Mozambique Logistica
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- Indo Tambangraya Megah - Indonesia
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