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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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- Malabar Cements Ltd - India
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- London Commodity Brokers - England
- Semirara Mining and Power Corporation, Philippines
- Parliament of New Zealand
- Standard Chartered Bank - UAE
- The University of Queensland
- Ind-Barath Power Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Interocean Group of Companies - India
- Africa Commodities Group - South Africa
- SN Aboitiz Power Inc, Philippines
- Economic Council, Georgia
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- Jorong Barutama Greston.PT - Indonesia
- Thiess Contractors Indonesia
- Pendopo Energi Batubara - Indonesia
- Australian Commodity Traders Exchange
- Vedanta Resources Plc - India
- Romanian Commodities Exchange
- Eastern Coal Council - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
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- Sarangani Energy Corporation, Philippines
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- European Bulk Services B.V. - Netherlands
- Metalloyd Limited - United Kingdom
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- The State Trading Corporation of India Ltd
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- Price Waterhouse Coopers - Russia
- Power Finance Corporation Ltd., India
- Pipit Mutiara Jaya. PT, Indonesia
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- TNB Fuel Sdn Bhd - Malaysia
- Australian Coal Association
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- Bhoruka Overseas - Indonesia
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- Gujarat Electricity Regulatory Commission - India
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- Ministry of Transport, Egypt
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- White Energy Company Limited
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Directorate Of Revenue Intelligence - India
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- Madhucon Powers Ltd - India
- Riau Bara Harum - Indonesia
- Orica Australia Pty. Ltd.
- Dalmia Cement Bharat India
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- Sical Logistics Limited - India
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Planning Commission, India
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- Intertek Mineral Services - Indonesia
- Chamber of Mines of South Africa
- Globalindo Alam Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Rashtriya Ispat Nigam Limited - India
- CIMB Investment Bank - Malaysia
- Petron Corporation, Philippines
- Commonwealth Bank - Australia
- Jindal Steel & Power Ltd - India
- MS Steel International - UAE
- Ministry of Mines - Canada
- IHS Mccloskey Coal Group - USA
- Edison Trading Spa - Italy
- Central Java Power - Indonesia
- Antam Resourcindo - Indonesia
- Ministry of Finance - Indonesia
- Global Business Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- AsiaOL BioFuels Corp., Philippines
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- Coal and Oil Company - UAE
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- Wood Mackenzie - Singapore
- GAC Shipping (India) Pvt Ltd
- Independent Power Producers Association of India
- McConnell Dowell - Australia
- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- Makarim & Taira - Indonesia
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- Energy Link Ltd, New Zealand
- GMR Energy Limited - India
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- Samtan Co., Ltd - South Korea
- Gujarat Mineral Development Corp Ltd - India
- SMC Global Power, Philippines
- Alfred C Toepfer International GmbH - Germany
- Indian Energy Exchange, India
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- Singapore Mercantile Exchange
- Toyota Tsusho Corporation, Japan
- Electricity Authority, New Zealand
- Formosa Plastics Group - Taiwan
- Aditya Birla Group - India
- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Krishnapatnam Port Company Ltd. - India
- Simpson Spence & Young - Indonesia
- Mintek Dendrill Indonesia
- Global Coal Blending Company Limited - Australia
- Directorate General of MIneral and Coal - Indonesia
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- Star Paper Mills Limited - India
- Binh Thuan Hamico - Vietnam
- Savvy Resources Ltd - HongKong
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- Merrill Lynch Commodities Europe
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- LBH Netherlands Bv - Netherlands
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