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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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- Simpson Spence & Young - Indonesia
- The University of Queensland
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- Parliament of New Zealand
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- Wood Mackenzie - Singapore
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- Binh Thuan Hamico - Vietnam
- CIMB Investment Bank - Malaysia
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- Goldman Sachs - Singapore
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- Ind-Barath Power Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bharathi Cement Corporation - India
- Australian Commodity Traders Exchange
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- Petron Corporation, Philippines
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- Economic Council, Georgia
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- TNB Fuel Sdn Bhd - Malaysia
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- The State Trading Corporation of India Ltd
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- Indian Oil Corporation Limited
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- Ceylon Electricity Board - Sri Lanka
- Makarim & Taira - Indonesia
- Bhoruka Overseas - Indonesia
- Global Business Power Corporation, Philippines
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- Deloitte Consulting - India
- Energy Development Corp, Philippines
- Tata Chemicals Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
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- GAC Shipping (India) Pvt Ltd
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- Metalloyd Limited - United Kingdom
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- Singapore Mercantile Exchange
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- Independent Power Producers Association of India
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- Antam Resourcindo - Indonesia
- Interocean Group of Companies - India
- Indo Tambangraya Megah - Indonesia
- Semirara Mining Corp, Philippines
- Aditya Birla Group - India
- Salva Resources Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
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- TeaM Sual Corporation - Philippines
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- Africa Commodities Group - South Africa
- The Treasury - Australian Government
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- Lanco Infratech Ltd - India
- South Luzon Thermal Energy Corporation
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- Thai Mozambique Logistica
- Directorate Of Revenue Intelligence - India
- Samtan Co., Ltd - South Korea
- Coastal Gujarat Power Limited - India
- Georgia Ports Authority, United States
- Central Electricity Authority - India
- Kaltim Prima Coal - Indonesia
- Energy Link Ltd, New Zealand
- Marubeni Corporation - India
- Australian Coal Association
- Bahari Cakrawala Sebuku - Indonesia
- Coalindo Energy - Indonesia
- Port Waratah Coal Services - Australia
- McConnell Dowell - Australia
- Bhatia International Limited - India
- New Zealand Coal & Carbon
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- CNBM International Corporation - China
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- San Jose City I Power Corp, Philippines
- IEA Clean Coal Centre - UK
- Indonesian Coal Mining Association
- Electricity Generating Authority of Thailand
- Coal and Oil Company - UAE
- Bukit Makmur.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- Tamil Nadu electricity Board
- Kohat Cement Company Ltd. - Pakistan
- Krishnapatnam Port Company Ltd. - India
- PNOC Exploration Corporation - Philippines
- Ministry of Finance - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Coal Blending Company Limited - Australia
- MS Steel International - UAE
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- PetroVietnam Power Coal Import and Supply Company
- Bulk Trading Sa - Switzerland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Mines - Canada
- Kobexindo Tractors - Indoneisa
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- India Bulls Power Limited - India
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- Power Finance Corporation Ltd., India
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- Price Waterhouse Coopers - Russia
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- Planning Commission, India
- Intertek Mineral Services - Indonesia
- Altura Mining Limited, Indonesia
- VISA Power Limited - India
- Standard Chartered Bank - UAE
- Trasteel International SA, Italy
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- Semirara Mining and Power Corporation, Philippines
- Chamber of Mines of South Africa
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- Gujarat Mineral Development Corp Ltd - India
- Iligan Light & Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
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- Sojitz Corporation - Japan
- Ministry of Transport, Egypt
- Medco Energi Mining Internasional
- Jaiprakash Power Ventures ltd
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