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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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- Romanian Commodities Exchange
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- Economic Council, Georgia
- SMC Global Power, Philippines
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- GVK Power & Infra Limited - India
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- Ind-Barath Power Infra Limited - India
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- London Commodity Brokers - England
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- Antam Resourcindo - Indonesia
- Sical Logistics Limited - India
- Jaiprakash Power Ventures ltd
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- Edison Trading Spa - Italy
- Commonwealth Bank - Australia
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- Sree Jayajothi Cements Limited - India
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- Attock Cement Pakistan Limited
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- Deloitte Consulting - India
- White Energy Company Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CNBM International Corporation - China
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Posco Energy - South Korea
- Intertek Mineral Services - Indonesia
- Coal and Oil Company - UAE
- Port Waratah Coal Services - Australia
- Lanco Infratech Ltd - India
- Manunggal Multi Energi - Indonesia
- India Bulls Power Limited - India
- Bharathi Cement Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Bulk Trading Sa - Switzerland
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Transport, Egypt
- Grasim Industreis Ltd - India
- Singapore Mercantile Exchange
- Gujarat Sidhee Cement - India
- Standard Chartered Bank - UAE
- Savvy Resources Ltd - HongKong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Power Finance Corporation Ltd., India
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- Africa Commodities Group - South Africa
- Jindal Steel & Power Ltd - India
- Semirara Mining Corp, Philippines
- Altura Mining Limited, Indonesia
- Dalmia Cement Bharat India
- Oldendorff Carriers - Singapore
- Wilmar Investment Holdings
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Mines - Canada
- Electricity Generating Authority of Thailand
- Sojitz Corporation - Japan
- Borneo Indobara - Indonesia
- Sarangani Energy Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Kaltim Prima Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercator Lines Limited - India
- Star Paper Mills Limited - India
- Rashtriya Ispat Nigam Limited - India
- Mjunction Services Limited - India
- Planning Commission, India
- Samtan Co., Ltd - South Korea
- Chettinad Cement Corporation Ltd - India
- Energy Development Corp, Philippines
- Indika Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Kapuas Tunggal Persada - Indonesia
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- Kepco SPC Power Corporation, Philippines
- Mercuria Energy - Indonesia
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- GMR Energy Limited - India
- Uttam Galva Steels Limited - India
- Marubeni Corporation - India
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- Eastern Coal Council - USA
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- Orica Australia Pty. Ltd.
- PNOC Exploration Corporation - Philippines
- Siam City Cement - Thailand
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- Baramulti Group, Indonesia
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- The University of Queensland
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- Australian Coal Association
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- Iligan Light & Power Inc, Philippines
- Ambuja Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- MS Steel International - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Coal Blending Company Limited - Australia
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- Makarim & Taira - Indonesia
- Parliament of New Zealand
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- The State Trading Corporation of India Ltd
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- IEA Clean Coal Centre - UK
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- Bhatia International Limited - India
- Vizag Seaport Private Limited - India
- Bukit Makmur.PT - Indonesia
- Ministry of Finance - Indonesia
- Renaissance Capital - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Cement Manufacturers Association - India
- Globalindo Alam Lestari - Indonesia
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- Anglo American - United Kingdom
- Thai Mozambique Logistica
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- Toyota Tsusho Corporation, Japan
- LBH Netherlands Bv - Netherlands
- Chamber of Mines of South Africa
- Therma Luzon, Inc, Philippines
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- Petron Corporation, Philippines
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- PTC India Limited - India
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- Siam City Cement PLC, Thailand
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- International Coal Ventures Pvt Ltd - India
- The Treasury - Australian Government
- South Luzon Thermal Energy Corporation
- San Jose City I Power Corp, Philippines
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