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Friday, 14 August 09
INDONESIA COAL-PRICES FALL TO $74, INDIA EYES SEPT CARGOES
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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- Planning Commission, India
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- Wood Mackenzie - Singapore
- Ministry of Transport, Egypt
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- India Bulls Power Limited - India
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- Savvy Resources Ltd - HongKong
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- Indian Energy Exchange, India
- Power Finance Corporation Ltd., India
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- Indogreen Group - Indonesia
- Coal and Oil Company - UAE
- Globalindo Alam Lestari - Indonesia
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- Mercuria Energy - Indonesia
- Dalmia Cement Bharat India
- Videocon Industries ltd - India
- Goldman Sachs - Singapore
- The State Trading Corporation of India Ltd
- Simpson Spence & Young - Indonesia
- Krishnapatnam Port Company Ltd. - India
- IEA Clean Coal Centre - UK
- Siam City Cement - Thailand
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- Kepco SPC Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Neyveli Lignite Corporation Ltd, - India
- Trasteel International SA, Italy
- PNOC Exploration Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Tamil Nadu electricity Board
- London Commodity Brokers - England
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- PetroVietnam Power Coal Import and Supply Company
- Jaiprakash Power Ventures ltd
- Miang Besar Coal Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Commonwealth Bank - Australia
- Bulk Trading Sa - Switzerland
- Kalimantan Lumbung Energi - Indonesia
- Posco Energy - South Korea
- New Zealand Coal & Carbon
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Uttam Galva Steels Limited - India
- Ind-Barath Power Infra Limited - India
- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
- Sinarmas Energy and Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Minerals Council of Australia
- Kapuas Tunggal Persada - Indonesia
- Indian Oil Corporation Limited
- Straits Asia Resources Limited - Singapore
- Barasentosa Lestari - Indonesia
- Chamber of Mines of South Africa
- Timah Investasi Mineral - Indoneisa
- Banpu Public Company Limited - Thailand
- Intertek Mineral Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- International Coal Ventures Pvt Ltd - India
- Madhucon Powers Ltd - India
- Parry Sugars Refinery, India
- Thiess Contractors Indonesia
- Renaissance Capital - South Africa
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- Metalloyd Limited - United Kingdom
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- South Luzon Thermal Energy Corporation
- Economic Council, Georgia
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- SN Aboitiz Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Lanco Infratech Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Indika Energy - Indonesia
- The University of Queensland
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- TNB Fuel Sdn Bhd - Malaysia
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- Parliament of New Zealand
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- White Energy Company Limited
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- Larsen & Toubro Limited - India
- Romanian Commodities Exchange
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- Kohat Cement Company Ltd. - Pakistan
- McConnell Dowell - Australia
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- Vizag Seaport Private Limited - India
- The Treasury - Australian Government
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- Agrawal Coal Company - India
- Orica Mining Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- San Jose City I Power Corp, Philippines
- Coalindo Energy - Indonesia
- Indonesian Coal Mining Association
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- Sakthi Sugars Limited - India
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- Altura Mining Limited, Indonesia
- PTC India Limited - India
- MS Steel International - UAE
- Energy Link Ltd, New Zealand
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- GAC Shipping (India) Pvt Ltd
- Pendopo Energi Batubara - Indonesia
- Marubeni Corporation - India
- CIMB Investment Bank - Malaysia
- Baramulti Group, Indonesia
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- Mintek Dendrill Indonesia
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- Attock Cement Pakistan Limited
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- Directorate Of Revenue Intelligence - India
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- Bharathi Cement Corporation - India
- Mjunction Services Limited - India
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- ICICI Bank Limited - India
- Electricity Generating Authority of Thailand
- European Bulk Services B.V. - Netherlands
- Ministry of Finance - Indonesia
- Eastern Coal Council - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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