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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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- Semirara Mining Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Essar Steel Hazira Ltd - India
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- Neyveli Lignite Corporation Ltd, - India
- Pendopo Energi Batubara - Indonesia
- Ministry of Transport, Egypt
- Energy Link Ltd, New Zealand
- Tamil Nadu electricity Board
- Sree Jayajothi Cements Limited - India
- GVK Power & Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Jindal Steel & Power Ltd - India
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- Coalindo Energy - Indonesia
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- Semirara Mining and Power Corporation, Philippines
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- Vizag Seaport Private Limited - India
- Cement Manufacturers Association - India
- Mintek Dendrill Indonesia
- Romanian Commodities Exchange
- Xindia Steels Limited - India
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- Central Electricity Authority - India
- Commonwealth Bank - Australia
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- International Coal Ventures Pvt Ltd - India
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- Sakthi Sugars Limited - India
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- New Zealand Coal & Carbon
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- Attock Cement Pakistan Limited
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- ICICI Bank Limited - India
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- Parliament of New Zealand
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- Africa Commodities Group - South Africa
- Power Finance Corporation Ltd., India
- Goldman Sachs - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Anglo American - United Kingdom
- Merrill Lynch Commodities Europe
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- Chamber of Mines of South Africa
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- GAC Shipping (India) Pvt Ltd
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- Global Business Power Corporation, Philippines
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- Ind-Barath Power Infra Limited - India
- Salva Resources Pvt Ltd - India
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- PTC India Limited - India
- SMC Global Power, Philippines
- Holcim Trading Pte Ltd - Singapore
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- Minerals Council of Australia
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- Samtan Co., Ltd - South Korea
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- Aditya Birla Group - India
- Makarim & Taira - Indonesia
- GMR Energy Limited - India
- Interocean Group of Companies - India
- Petrochimia International Co. Ltd.- Taiwan
- India Bulls Power Limited - India
- Parry Sugars Refinery, India
- London Commodity Brokers - England
- Bayan Resources Tbk. - Indonesia
- Indian Oil Corporation Limited
- Latin American Coal - Colombia
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- Kumho Petrochemical, South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Straits Asia Resources Limited - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Tata Chemicals Ltd - India
- Orica Australia Pty. Ltd.
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- Ministry of Finance - Indonesia
- Bangladesh Power Developement Board
- Sical Logistics Limited - India
- Savvy Resources Ltd - HongKong
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- Gujarat Mineral Development Corp Ltd - India
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- Toyota Tsusho Corporation, Japan
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- Electricity Generating Authority of Thailand
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- The University of Queensland
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- White Energy Company Limited
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- Vedanta Resources Plc - India
- Intertek Mineral Services - Indonesia
- Price Waterhouse Coopers - Russia
- Australian Commodity Traders Exchange
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- Medco Energi Mining Internasional
- Thiess Contractors Indonesia
- Economic Council, Georgia
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- IHS Mccloskey Coal Group - USA
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- CIMB Investment Bank - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Eastern Coal Council - USA
- Videocon Industries ltd - India
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- Posco Energy - South Korea
- Mjunction Services Limited - India
- Therma Luzon, Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Deloitte Consulting - India
- Marubeni Corporation - India
- Georgia Ports Authority, United States
- Energy Development Corp, Philippines
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- Directorate Of Revenue Intelligence - India
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- Asmin Koalindo Tuhup - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- Rio Tinto Coal - Australia
- Indika Energy - Indonesia
- Larsen & Toubro Limited - India
- Coastal Gujarat Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- McConnell Dowell - Australia
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- TNB Fuel Sdn Bhd - Malaysia
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- Bulk Trading Sa - Switzerland
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- Meralco Power Generation, Philippines
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- Australian Coal Association
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