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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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- Iligan Light & Power Inc, Philippines
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- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- Riau Bara Harum - Indonesia
- Bharathi Cement Corporation - India
- PTC India Limited - India
- Eastern Energy - Thailand
- Interocean Group of Companies - India
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- Simpson Spence & Young - Indonesia
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- Africa Commodities Group - South Africa
- Tata Chemicals Ltd - India
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- Meralco Power Generation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Coalindo Energy - Indonesia
- Borneo Indobara - Indonesia
- Latin American Coal - Colombia
- European Bulk Services B.V. - Netherlands
- Chamber of Mines of South Africa
- Thai Mozambique Logistica
- Directorate Of Revenue Intelligence - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Georgia Ports Authority, United States
- IEA Clean Coal Centre - UK
- Romanian Commodities Exchange
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- Indonesian Coal Mining Association
- Vedanta Resources Plc - India
- Bhoruka Overseas - Indonesia
- IHS Mccloskey Coal Group - USA
- Sojitz Corporation - Japan
- Directorate General of MIneral and Coal - Indonesia
- Thiess Contractors Indonesia
- Energy Link Ltd, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Mjunction Services Limited - India
- Electricity Generating Authority of Thailand
- Kapuas Tunggal Persada - Indonesia
- Manunggal Multi Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Merrill Lynch Commodities Europe
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- Price Waterhouse Coopers - Russia
- OPG Power Generation Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Mines - Canada
- Rio Tinto Coal - Australia
- Kepco SPC Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Deloitte Consulting - India
- Chettinad Cement Corporation Ltd - India
- London Commodity Brokers - England
- Malabar Cements Ltd - India
- Siam City Cement - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Agrawal Coal Company - India
- Trasteel International SA, Italy
- Australian Coal Association
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- Marubeni Corporation - India
- Indian Oil Corporation Limited
- Indian Energy Exchange, India
- Bhushan Steel Limited - India
- SMC Global Power, Philippines
- Metalloyd Limited - United Kingdom
- Wood Mackenzie - Singapore
- Carbofer General Trading SA - India
- ICICI Bank Limited - India
- Bhatia International Limited - India
- Minerals Council of Australia
- Cement Manufacturers Association - India
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- Timah Investasi Mineral - Indoneisa
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- Eastern Coal Council - USA
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- Bahari Cakrawala Sebuku - Indonesia
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- Ministry of Transport, Egypt
- White Energy Company Limited
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- Gujarat Mineral Development Corp Ltd - India
- Jindal Steel & Power Ltd - India
- New Zealand Coal & Carbon
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- VISA Power Limited - India
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- Uttam Galva Steels Limited - India
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- Bangladesh Power Developement Board
- Mercuria Energy - Indonesia
- Mintek Dendrill Indonesia
- Renaissance Capital - South Africa
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- Bulk Trading Sa - Switzerland
- Anglo American - United Kingdom
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- Edison Trading Spa - Italy
- Petrochimia International Co. Ltd.- Taiwan
- Singapore Mercantile Exchange
- Commonwealth Bank - Australia
- Global Coal Blending Company Limited - Australia
- Ambuja Cements Ltd - India
- Dalmia Cement Bharat India
- Samtan Co., Ltd - South Korea
- Parliament of New Zealand
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- Jaiprakash Power Ventures ltd
- Siam City Cement PLC, Thailand
- Barasentosa Lestari - Indonesia
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- San Jose City I Power Corp, Philippines
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- AsiaOL BioFuels Corp., Philippines
- Pendopo Energi Batubara - Indonesia
- Global Business Power Corporation, Philippines
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- The State Trading Corporation of India Ltd
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- Xindia Steels Limited - India
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