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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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- SMG Consultants - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- ASAPP Information Group - India
- Ministry of Mines - Canada
- Oldendorff Carriers - Singapore
- AsiaOL BioFuels Corp., Philippines
- Bhushan Steel Limited - India
- Interocean Group of Companies - India
- European Bulk Services B.V. - Netherlands
- The State Trading Corporation of India Ltd
- Minerals Council of Australia
- LBH Netherlands Bv - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Agrawal Coal Company - India
- The University of Queensland
- Cement Manufacturers Association - India
- Mjunction Services Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Madhucon Powers Ltd - India
- Eastern Energy - Thailand
- Coastal Gujarat Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Essar Steel Hazira Ltd - India
- Port Waratah Coal Services - Australia
- Posco Energy - South Korea
- VISA Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- ICICI Bank Limited - India
- Sakthi Sugars Limited - India
- Trasteel International SA, Italy
- Merrill Lynch Commodities Europe
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- Siam City Cement PLC, Thailand
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- Parry Sugars Refinery, India
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- Mintek Dendrill Indonesia
- Alfred C Toepfer International GmbH - Germany
- Chettinad Cement Corporation Ltd - India
- Pendopo Energi Batubara - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- IEA Clean Coal Centre - UK
- Energy Development Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Georgia Ports Authority, United States
- Planning Commission, India
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- Orica Mining Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Coal Council - USA
- Bukit Makmur.PT - Indonesia
- CIMB Investment Bank - Malaysia
- PowerSource Philippines DevCo
- Electricity Authority, New Zealand
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- Coal and Oil Company - UAE
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- Chamber of Mines of South Africa
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- Economic Council, Georgia
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- Meralco Power Generation, Philippines
- Latin American Coal - Colombia
- Leighton Contractors Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Siam City Cement - Thailand
- Sree Jayajothi Cements Limited - India
- Grasim Industreis Ltd - India
- Formosa Plastics Group - Taiwan
- Uttam Galva Steels Limited - India
- Medco Energi Mining Internasional
- Timah Investasi Mineral - Indoneisa
- Simpson Spence & Young - Indonesia
- Rashtriya Ispat Nigam Limited - India
- McConnell Dowell - Australia
- Binh Thuan Hamico - Vietnam
- London Commodity Brokers - England
- Bukit Baiduri Energy - Indonesia
- Central Electricity Authority - India
- Price Waterhouse Coopers - Russia
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- Maharashtra Electricity Regulatory Commission - India
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- Billiton Holdings Pty Ltd - Australia
- Semirara Mining Corp, Philippines
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- Wilmar Investment Holdings
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- Attock Cement Pakistan Limited
- Barasentosa Lestari - Indonesia
- Heidelberg Cement - Germany
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- Karbindo Abesyapradhi - Indoneisa
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- Parliament of New Zealand
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- Bangladesh Power Developement Board
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- Standard Chartered Bank - UAE
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- Makarim & Taira - Indonesia
- Tata Chemicals Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Ministry of Transport, Egypt
- The Treasury - Australian Government
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- Toyota Tsusho Corporation, Japan
- Samtan Co., Ltd - South Korea
- Ind-Barath Power Infra Limited - India
- Wood Mackenzie - Singapore
- Petron Corporation, Philippines
- Edison Trading Spa - Italy
- Riau Bara Harum - Indonesia
- Kideco Jaya Agung - Indonesia
- Goldman Sachs - Singapore
- Banpu Public Company Limited - Thailand
- Jaiprakash Power Ventures ltd
- Singapore Mercantile Exchange
- Deloitte Consulting - India
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- New Zealand Coal & Carbon
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- Indonesian Coal Mining Association
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- South Luzon Thermal Energy Corporation
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- San Jose City I Power Corp, Philippines
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- Kumho Petrochemical, South Korea
- Bhatia International Limited - India
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