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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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- Bukit Makmur.PT - Indonesia
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- Energy Link Ltd, New Zealand
- Economic Council, Georgia
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- Therma Luzon, Inc, Philippines
- Indian Oil Corporation Limited
- Power Finance Corporation Ltd., India
- Binh Thuan Hamico - Vietnam
- CIMB Investment Bank - Malaysia
- Bukit Baiduri Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Global Coal Blending Company Limited - Australia
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- McConnell Dowell - Australia
- Posco Energy - South Korea
- Ambuja Cements Ltd - India
- Chamber of Mines of South Africa
- Central Java Power - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Simpson Spence & Young - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sakthi Sugars Limited - India
- Edison Trading Spa - Italy
- Manunggal Multi Energi - Indonesia
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- Global Business Power Corporation, Philippines
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- Sree Jayajothi Cements Limited - India
- Ministry of Transport, Egypt
- Standard Chartered Bank - UAE
- Maharashtra Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Uttam Galva Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Indo Tambangraya Megah - Indonesia
- Australian Coal Association
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- Minerals Council of Australia
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- India Bulls Power Limited - India
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- Orica Australia Pty. Ltd.
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- Australian Commodity Traders Exchange
- Essar Steel Hazira Ltd - India
- Singapore Mercantile Exchange
- Africa Commodities Group - South Africa
- Toyota Tsusho Corporation, Japan
- The State Trading Corporation of India Ltd
- Indian Energy Exchange, India
- VISA Power Limited - India
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- Planning Commission, India
- Samtan Co., Ltd - South Korea
- LBH Netherlands Bv - Netherlands
- Wilmar Investment Holdings
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- Electricity Generating Authority of Thailand
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- Indika Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dalmia Cement Bharat India
- Rio Tinto Coal - Australia
- Thai Mozambique Logistica
- MS Steel International - UAE
- Port Waratah Coal Services - Australia
- Riau Bara Harum - Indonesia
- Indonesian Coal Mining Association
- Jindal Steel & Power Ltd - India
- Chettinad Cement Corporation Ltd - India
- Antam Resourcindo - Indonesia
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- Altura Mining Limited, Indonesia
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- Coal and Oil Company - UAE
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- PowerSource Philippines DevCo
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- Cement Manufacturers Association - India
- IEA Clean Coal Centre - UK
- Deloitte Consulting - India
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- Ministry of Finance - Indonesia
- Attock Cement Pakistan Limited
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- Larsen & Toubro Limited - India
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- Metalloyd Limited - United Kingdom
- Coalindo Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
- Iligan Light & Power Inc, Philippines
- Trasteel International SA, Italy
- OPG Power Generation Pvt Ltd - India
- PTC India Limited - India
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- White Energy Company Limited
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- Commonwealth Bank - Australia
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- Sindya Power Generating Company Private Ltd
- Maheswari Brothers Coal Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Georgia Ports Authority, United States
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- Mintek Dendrill Indonesia
- Carbofer General Trading SA - India
- Karbindo Abesyapradhi - Indoneisa
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- GAC Shipping (India) Pvt Ltd
- Electricity Authority, New Zealand
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- Petrochimia International Co. Ltd.- Taiwan
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- Petron Corporation, Philippines
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- Ministry of Mines - Canada
- San Jose City I Power Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Banpu Public Company Limited - Thailand
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- Price Waterhouse Coopers - Russia
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- Heidelberg Cement - Germany
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- Leighton Contractors Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
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- Latin American Coal - Colombia
- Kepco SPC Power Corporation, Philippines
- Aditya Birla Group - India
- The Treasury - Australian Government
- Holcim Trading Pte Ltd - Singapore
- Straits Asia Resources Limited - Singapore
- Oldendorff Carriers - Singapore
- Parliament of New Zealand
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- International Coal Ventures Pvt Ltd - India
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