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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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- Electricity Generating Authority of Thailand
- VISA Power Limited - India
- Madhucon Powers Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Sakthi Sugars Limited - India
- Standard Chartered Bank - UAE
- Bukit Baiduri Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
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- ICICI Bank Limited - India
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- Banpu Public Company Limited - Thailand
- Uttam Galva Steels Limited - India
- MS Steel International - UAE
- Global Green Power PLC Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Parliament of New Zealand
- Ministry of Transport, Egypt
- Africa Commodities Group - South Africa
- Mintek Dendrill Indonesia
- Global Business Power Corporation, Philippines
- Videocon Industries ltd - India
- Australian Commodity Traders Exchange
- Toyota Tsusho Corporation, Japan
- Bulk Trading Sa - Switzerland
- Marubeni Corporation - India
- Mercuria Energy - Indonesia
- Thiess Contractors Indonesia
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- Ministry of Finance - Indonesia
- Coastal Gujarat Power Limited - India
- Price Waterhouse Coopers - Russia
- AsiaOL BioFuels Corp., Philippines
- Jaiprakash Power Ventures ltd
- GVK Power & Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- The State Trading Corporation of India Ltd
- Salva Resources Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
- Indika Energy - Indonesia
- White Energy Company Limited
- Formosa Plastics Group - Taiwan
- Alfred C Toepfer International GmbH - Germany
- Cement Manufacturers Association - India
- Energy Development Corp, Philippines
- Sree Jayajothi Cements Limited - India
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- Indo Tambangraya Megah - Indonesia
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- Indian Oil Corporation Limited
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- Orica Mining Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Orica Australia Pty. Ltd.
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- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Samtan Co., Ltd - South Korea
- Tamil Nadu electricity Board
- LBH Netherlands Bv - Netherlands
- Grasim Industreis Ltd - India
- Ind-Barath Power Infra Limited - India
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- Jindal Steel & Power Ltd - India
- Port Waratah Coal Services - Australia
- Heidelberg Cement - Germany
- Energy Link Ltd, New Zealand
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- Romanian Commodities Exchange
- Bhushan Steel Limited - India
- Binh Thuan Hamico - Vietnam
- Wood Mackenzie - Singapore
- Kaltim Prima Coal - Indonesia
- Gujarat Sidhee Cement - India
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- Neyveli Lignite Corporation Ltd, - India
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- Edison Trading Spa - Italy
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- Indian Energy Exchange, India
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- Bhoruka Overseas - Indonesia
- Planning Commission, India
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- Global Coal Blending Company Limited - Australia
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- Australian Coal Association
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- The University of Queensland
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- Kobexindo Tractors - Indoneisa
- IEA Clean Coal Centre - UK
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- Goldman Sachs - Singapore
- Sinarmas Energy and Mining - Indonesia
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- Chamber of Mines of South Africa
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- Minerals Council of Australia
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- Simpson Spence & Young - Indonesia
- Vedanta Resources Plc - India
- Mjunction Services Limited - India
- Electricity Authority, New Zealand
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- South Luzon Thermal Energy Corporation
- Sical Logistics Limited - India
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