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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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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Global Green Power PLC Corporation, Philippines
- McConnell Dowell - Australia
- Dalmia Cement Bharat India
- The State Trading Corporation of India Ltd
- Deloitte Consulting - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Heidelberg Cement - Germany
- Mercator Lines Limited - India
- Electricity Authority, New Zealand
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- PTC India Limited - India
- Trasteel International SA, Italy
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- European Bulk Services B.V. - Netherlands
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- ICICI Bank Limited - India
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- India Bulls Power Limited - India
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- Bukit Makmur.PT - Indonesia
- Xindia Steels Limited - India
- PowerSource Philippines DevCo
- Ministry of Finance - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Simpson Spence & Young - Indonesia
- Kobexindo Tractors - Indoneisa
- Posco Energy - South Korea
- Intertek Mineral Services - Indonesia
- Videocon Industries ltd - India
- OPG Power Generation Pvt Ltd - India
- Rio Tinto Coal - Australia
- Renaissance Capital - South Africa
- Planning Commission, India
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- Orica Mining Services - Indonesia
- Aditya Birla Group - India
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- Central Electricity Authority - India
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- Aboitiz Power Corporation - Philippines
- Goldman Sachs - Singapore
- Indian Energy Exchange, India
- Maheswari Brothers Coal Limited - India
- Bukit Baiduri Energy - Indonesia
- Bhoruka Overseas - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Indonesian Coal Mining Association
- Vijayanagar Sugar Pvt Ltd - India
- Sical Logistics Limited - India
- White Energy Company Limited
- Ministry of Mines - Canada
- Chettinad Cement Corporation Ltd - India
- Globalindo Alam Lestari - Indonesia
- Attock Cement Pakistan Limited
- Gujarat Mineral Development Corp Ltd - India
- Mintek Dendrill Indonesia
- PNOC Exploration Corporation - Philippines
- Cement Manufacturers Association - India
- GVK Power & Infra Limited - India
- Minerals Council of Australia
- The Treasury - Australian Government
- MS Steel International - UAE
- Metalloyd Limited - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Ministry of Transport, Egypt
- VISA Power Limited - India
- Georgia Ports Authority, United States
- Maharashtra Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- South Luzon Thermal Energy Corporation
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- Gujarat Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Binh Thuan Hamico - Vietnam
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- Ceylon Electricity Board - Sri Lanka
- Uttam Galva Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Parliament of New Zealand
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- Straits Asia Resources Limited - Singapore
- Indika Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
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- Global Business Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
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- Asmin Koalindo Tuhup - Indonesia
- San Jose City I Power Corp, Philippines
- Banpu Public Company Limited - Thailand
- Savvy Resources Ltd - HongKong
- Indo Tambangraya Megah - Indonesia
- IHS Mccloskey Coal Group - USA
- Economic Council, Georgia
- Coalindo Energy - Indonesia
- Central Java Power - Indonesia
- Eastern Energy - Thailand
- Indogreen Group - Indonesia
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- Tamil Nadu electricity Board
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- Therma Luzon, Inc, Philippines
- Merrill Lynch Commodities Europe
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- Mjunction Services Limited - India
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- Singapore Mercantile Exchange
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- SMG Consultants - Indonesia
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- The University of Queensland
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- Kideco Jaya Agung - Indonesia
- Larsen & Toubro Limited - India
- Wood Mackenzie - Singapore
- CIMB Investment Bank - Malaysia
- Price Waterhouse Coopers - Russia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Commodity Traders Exchange
- Sindya Power Generating Company Private Ltd
- Meenaskhi Energy Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Link Ltd, New Zealand
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- Jaiprakash Power Ventures ltd
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