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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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- Asmin Koalindo Tuhup - Indonesia
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- Simpson Spence & Young - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Standard Chartered Bank - UAE
- Ceylon Electricity Board - Sri Lanka
- Energy Development Corp, Philippines
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- Electricity Authority, New Zealand
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- Interocean Group of Companies - India
- Directorate General of MIneral and Coal - Indonesia
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- Wilmar Investment Holdings
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- White Energy Company Limited
- Heidelberg Cement - Germany
- Posco Energy - South Korea
- Oldendorff Carriers - Singapore
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- Savvy Resources Ltd - HongKong
- The State Trading Corporation of India Ltd
- Siam City Cement - Thailand
- VISA Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- MS Steel International - UAE
- Port Waratah Coal Services - Australia
- Eastern Coal Council - USA
- IEA Clean Coal Centre - UK
- TNB Fuel Sdn Bhd - Malaysia
- Riau Bara Harum - Indonesia
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- Coastal Gujarat Power Limited - India
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- Latin American Coal - Colombia
- Holcim Trading Pte Ltd - Singapore
- Therma Luzon, Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Bulk Trading Sa - Switzerland
- Tata Chemicals Ltd - India
- Australian Commodity Traders Exchange
- Global Green Power PLC Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Africa Commodities Group - South Africa
- Ministry of Mines - Canada
- Semirara Mining and Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- PowerSource Philippines DevCo
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- India Bulls Power Limited - India
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- Singapore Mercantile Exchange
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- Merrill Lynch Commodities Europe
- Trasteel International SA, Italy
- Metalloyd Limited - United Kingdom
- Wood Mackenzie - Singapore
- Sakthi Sugars Limited - India
- Central Java Power - Indonesia
- Power Finance Corporation Ltd., India
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- Maheswari Brothers Coal Limited - India
- Attock Cement Pakistan Limited
- Kartika Selabumi Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Banpu Public Company Limited - Thailand
- IHS Mccloskey Coal Group - USA
- Bangladesh Power Developement Board
- Larsen & Toubro Limited - India
- Xindia Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Indian Energy Exchange, India
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- SN Aboitiz Power Inc, Philippines
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- Renaissance Capital - South Africa
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- OPG Power Generation Pvt Ltd - India
- Carbofer General Trading SA - India
- Kaltim Prima Coal - Indonesia
- Thai Mozambique Logistica
- Sical Logistics Limited - India
- Commonwealth Bank - Australia
- Leighton Contractors Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Orica Mining Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Formosa Plastics Group - Taiwan
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- The University of Queensland
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- PTC India Limited - India
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- Parliament of New Zealand
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- Ambuja Cements Ltd - India
- Price Waterhouse Coopers - Russia
- GN Power Mariveles Coal Plant, Philippines
- Madhucon Powers Ltd - India
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- Coal and Oil Company - UAE
- Mercator Lines Limited - India
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- Binh Thuan Hamico - Vietnam
- Jaiprakash Power Ventures ltd
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- New Zealand Coal & Carbon
- Economic Council, Georgia
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- Mjunction Services Limited - India
- GAC Shipping (India) Pvt Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Miang Besar Coal Terminal - Indonesia
- PNOC Exploration Corporation - Philippines
- Rio Tinto Coal - Australia
- Kapuas Tunggal Persada - Indonesia
- Eastern Energy - Thailand
- Aditya Birla Group - India
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