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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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- AsiaOL BioFuels Corp., Philippines
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- Neyveli Lignite Corporation Ltd, - India
- Rashtriya Ispat Nigam Limited - India
- Straits Asia Resources Limited - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Formosa Plastics Group - Taiwan
- Kepco SPC Power Corporation, Philippines
- Makarim & Taira - Indonesia
- The University of Queensland
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- LBH Netherlands Bv - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Electricity Generating Authority of Thailand
- Leighton Contractors Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Standard Chartered Bank - UAE
- Bhatia International Limited - India
- Bulk Trading Sa - Switzerland
- Intertek Mineral Services - Indonesia
- Merrill Lynch Commodities Europe
- CIMB Investment Bank - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Orica Australia Pty. Ltd.
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- Energy Link Ltd, New Zealand
- MS Steel International - UAE
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- Ministry of Finance - Indonesia
- London Commodity Brokers - England
- Kumho Petrochemical, South Korea
- Bhushan Steel Limited - India
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- Power Finance Corporation Ltd., India
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- Electricity Authority, New Zealand
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- White Energy Company Limited
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- Bhoruka Overseas - Indonesia
- Posco Energy - South Korea
- Petron Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- OPG Power Generation Pvt Ltd - India
- Planning Commission, India
- Coal and Oil Company - UAE
- New Zealand Coal & Carbon
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- Australian Coal Association
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- Metalloyd Limited - United Kingdom
- Barasentosa Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Bangladesh Power Developement Board
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- Medco Energi Mining Internasional
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- Larsen & Toubro Limited - India
- Wilmar Investment Holdings
- Minerals Council of Australia
- Siam City Cement - Thailand
- Energy Development Corp, Philippines
- Latin American Coal - Colombia
- Krishnapatnam Port Company Ltd. - India
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- Antam Resourcindo - Indonesia
- Price Waterhouse Coopers - Russia
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- Indika Energy - Indonesia
- Salva Resources Pvt Ltd - India
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- Kohat Cement Company Ltd. - Pakistan
- Wood Mackenzie - Singapore
- Australian Commodity Traders Exchange
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- ICICI Bank Limited - India
- Jindal Steel & Power Ltd - India
- Parliament of New Zealand
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- Meenaskhi Energy Private Limited - India
- Siam City Cement PLC, Thailand
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- Singapore Mercantile Exchange
- International Coal Ventures Pvt Ltd - India
- Ministry of Mines - Canada
- Independent Power Producers Association of India
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- Simpson Spence & Young - Indonesia
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- Thiess Contractors Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sindya Power Generating Company Private Ltd
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- Dalmia Cement Bharat India
- Borneo Indobara - Indonesia
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- Ceylon Electricity Board - Sri Lanka
- Star Paper Mills Limited - India
- Bukit Baiduri Energy - Indonesia
- The Treasury - Australian Government
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- The State Trading Corporation of India Ltd
- Kobexindo Tractors - Indoneisa
- PowerSource Philippines DevCo
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- Banpu Public Company Limited - Thailand
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- Cement Manufacturers Association - India
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- Mintek Dendrill Indonesia
- ASAPP Information Group - India
- Heidelberg Cement - Germany
- Pendopo Energi Batubara - Indonesia
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- CNBM International Corporation - China
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- Economic Council, Georgia
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- Pipit Mutiara Jaya. PT, Indonesia
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- Kapuas Tunggal Persada - Indonesia
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- Indonesian Coal Mining Association
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- Timah Investasi Mineral - Indoneisa
- Tamil Nadu electricity Board
- Renaissance Capital - South Africa
- European Bulk Services B.V. - Netherlands
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