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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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- Indika Energy - Indonesia
- Merrill Lynch Commodities Europe
- Maheswari Brothers Coal Limited - India
- Bhatia International Limited - India
- Tamil Nadu electricity Board
- Price Waterhouse Coopers - Russia
- MS Steel International - UAE
- Leighton Contractors Pty Ltd - Australia
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- Lanco Infratech Ltd - India
- Oldendorff Carriers - Singapore
- Orica Mining Services - Indonesia
- Barasentosa Lestari - Indonesia
- Cement Manufacturers Association - India
- Directorate General of MIneral and Coal - Indonesia
- Grasim Industreis Ltd - India
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- Australian Commodity Traders Exchange
- Meralco Power Generation, Philippines
- Bangladesh Power Developement Board
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- Chamber of Mines of South Africa
- Minerals Council of Australia
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- Indian Oil Corporation Limited
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- Eastern Energy - Thailand
- Mercator Lines Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Trasteel International SA, Italy
- Central Electricity Authority - India
- Straits Asia Resources Limited - Singapore
- Globalindo Alam Lestari - Indonesia
- Commonwealth Bank - Australia
- Energy Development Corp, Philippines
- Parliament of New Zealand
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- Kartika Selabumi Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Bulk Trading Sa - Switzerland
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- The State Trading Corporation of India Ltd
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- Wood Mackenzie - Singapore
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- Karaikal Port Pvt Ltd - India
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- Singapore Mercantile Exchange
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- Bukit Baiduri Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Gujarat Sidhee Cement - India
- Billiton Holdings Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Coastal Gujarat Power Limited - India
- Altura Mining Limited, Indonesia
- Malabar Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- European Bulk Services B.V. - Netherlands
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- Directorate Of Revenue Intelligence - India
- Interocean Group of Companies - India
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- Australian Coal Association
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- Georgia Ports Authority, United States
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- CNBM International Corporation - China
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- Ministry of Finance - Indonesia
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- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Generating Authority of Thailand
- Jaiprakash Power Ventures ltd
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- McConnell Dowell - Australia
- Renaissance Capital - South Africa
- South Luzon Thermal Energy Corporation
- VISA Power Limited - India
- Sakthi Sugars Limited - India
- Banpu Public Company Limited - Thailand
- Global Coal Blending Company Limited - Australia
- SMC Global Power, Philippines
- Sical Logistics Limited - India
- New Zealand Coal & Carbon
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- Indonesian Coal Mining Association
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- Toyota Tsusho Corporation, Japan
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- Planning Commission, India
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- Riau Bara Harum - Indonesia
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- White Energy Company Limited
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- Medco Energi Mining Internasional
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- Electricity Authority, New Zealand
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- ASAPP Information Group - India
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- Coal and Oil Company - UAE
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- Kideco Jaya Agung - Indonesia
- International Coal Ventures Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
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