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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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- Lanco Infratech Ltd - India
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- Bukit Asam (Persero) Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Central Electricity Authority - India
- Intertek Mineral Services - Indonesia
- Sojitz Corporation - Japan
- Indogreen Group - Indonesia
- MS Steel International - UAE
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- Singapore Mercantile Exchange
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- The State Trading Corporation of India Ltd
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- Vijayanagar Sugar Pvt Ltd - India
- Romanian Commodities Exchange
- Renaissance Capital - South Africa
- Attock Cement Pakistan Limited
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- Rashtriya Ispat Nigam Limited - India
- Wood Mackenzie - Singapore
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- Bangladesh Power Developement Board
- Cement Manufacturers Association - India
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- Parliament of New Zealand
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- Kalimantan Lumbung Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Coal Association
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- Baramulti Group, Indonesia
- Maheswari Brothers Coal Limited - India
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- Gujarat Mineral Development Corp Ltd - India
- Posco Energy - South Korea
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- Ministry of Finance - Indonesia
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- Timah Investasi Mineral - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- The Treasury - Australian Government
- Meralco Power Generation, Philippines
- LBH Netherlands Bv - Netherlands
- Meenaskhi Energy Private Limited - India
- Kumho Petrochemical, South Korea
- Gujarat Sidhee Cement - India
- GVK Power & Infra Limited - India
- Metalloyd Limited - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Planning Commission, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Economic Council, Georgia
- Bank of Tokyo Mitsubishi UFJ Ltd
- PTC India Limited - India
- Independent Power Producers Association of India
- Eastern Coal Council - USA
- Bhushan Steel Limited - India
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- OPG Power Generation Pvt Ltd - India
- Africa Commodities Group - South Africa
- PowerSource Philippines DevCo
- Price Waterhouse Coopers - Russia
- New Zealand Coal & Carbon
- Electricity Authority, New Zealand
- PNOC Exploration Corporation - Philippines
- Uttam Galva Steels Limited - India
- Ministry of Transport, Egypt
- PetroVietnam Power Coal Import and Supply Company
- Iligan Light & Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Merrill Lynch Commodities Europe
- Ministry of Mines - Canada
- Heidelberg Cement - Germany
- Sree Jayajothi Cements Limited - India
- Mjunction Services Limited - India
- SMC Global Power, Philippines
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- Jindal Steel & Power Ltd - India
- IEA Clean Coal Centre - UK
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- Bayan Resources Tbk. - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
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- Parry Sugars Refinery, India
- Borneo Indobara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Straits Asia Resources Limited - Singapore
- SMG Consultants - Indonesia
- Eastern Energy - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Formosa Plastics Group - Taiwan
- Sarangani Energy Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Interocean Group of Companies - India
- Larsen & Toubro Limited - India
- Directorate Of Revenue Intelligence - India
- ICICI Bank Limited - India
- ASAPP Information Group - India
- Tata Chemicals Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Sical Logistics Limited - India
- Globalindo Alam Lestari - Indonesia
- Oldendorff Carriers - Singapore
- Deloitte Consulting - India
- Energy Link Ltd, New Zealand
- Ind-Barath Power Infra Limited - India
- Simpson Spence & Young - Indonesia
- Indian Energy Exchange, India
- Therma Luzon, Inc, Philippines
- Georgia Ports Authority, United States
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- Jorong Barutama Greston.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Petron Corporation, Philippines
- Coalindo Energy - Indonesia
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- Chamber of Mines of South Africa
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- Goldman Sachs - Singapore
- Anglo American - United Kingdom
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- GAC Shipping (India) Pvt Ltd
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- Bulk Trading Sa - Switzerland
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- Australian Commodity Traders Exchange
- Trasteel International SA, Italy
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- Indo Tambangraya Megah - Indonesia
- Edison Trading Spa - Italy
- Kepco SPC Power Corporation, Philippines
- India Bulls Power Limited - India
- Electricity Generating Authority of Thailand
- Indika Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- European Bulk Services B.V. - Netherlands
- Minerals Council of Australia
- Commonwealth Bank - Australia
- Binh Thuan Hamico - Vietnam
- Dalmia Cement Bharat India
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- The University of Queensland
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