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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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- Bukit Asam (Persero) Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kohat Cement Company Ltd. - Pakistan
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- Bahari Cakrawala Sebuku - Indonesia
- Agrawal Coal Company - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
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- Formosa Plastics Group - Taiwan
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- Economic Council, Georgia
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- Aditya Birla Group - India
- Antam Resourcindo - Indonesia
- Kartika Selabumi Mining - Indonesia
- Coalindo Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Central Electricity Authority - India
- Posco Energy - South Korea
- PNOC Exploration Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- VISA Power Limited - India
- Deloitte Consulting - India
- Romanian Commodities Exchange
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- Independent Power Producers Association of India
- Siam City Cement PLC, Thailand
- Savvy Resources Ltd - HongKong
- Eastern Coal Council - USA
- Therma Luzon, Inc, Philippines
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- Kumho Petrochemical, South Korea
- Wood Mackenzie - Singapore
- Electricity Authority, New Zealand
- Heidelberg Cement - Germany
- Essar Steel Hazira Ltd - India
- MS Steel International - UAE
- Eastern Energy - Thailand
- ICICI Bank Limited - India
- European Bulk Services B.V. - Netherlands
- Kideco Jaya Agung - Indonesia
- Indika Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Anglo American - United Kingdom
- Planning Commission, India
- Merrill Lynch Commodities Europe
- Australian Commodity Traders Exchange
- Carbofer General Trading SA - India
- Minerals Council of Australia
- Africa Commodities Group - South Africa
- Sindya Power Generating Company Private Ltd
- Bukit Baiduri Energy - Indonesia
- Videocon Industries ltd - India
- Directorate Of Revenue Intelligence - India
- Port Waratah Coal Services - Australia
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- Bangladesh Power Developement Board
- Samtan Co., Ltd - South Korea
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- SMC Global Power, Philippines
- Indogreen Group - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bayan Resources Tbk. - Indonesia
- New Zealand Coal & Carbon
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- CNBM International Corporation - China
- Holcim Trading Pte Ltd - Singapore
- Global Business Power Corporation, Philippines
- Renaissance Capital - South Africa
- Meenaskhi Energy Private Limited - India
- Sree Jayajothi Cements Limited - India
- Indian Energy Exchange, India
- Goldman Sachs - Singapore
- PTC India Limited - India
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- Bhushan Steel Limited - India
- Barasentosa Lestari - Indonesia
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- Miang Besar Coal Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- IEA Clean Coal Centre - UK
- Rio Tinto Coal - Australia
- GAC Shipping (India) Pvt Ltd
- Central Java Power - Indonesia
- Ministry of Mines - Canada
- Sarangani Energy Corporation, Philippines
- Malabar Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Ind-Barath Power Infra Limited - India
- Baramulti Group, Indonesia
- Vedanta Resources Plc - India
- Bhoruka Overseas - Indonesia
- Sojitz Corporation - Japan
- Kepco SPC Power Corporation, Philippines
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- Parliament of New Zealand
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- India Bulls Power Limited - India
- Siam City Cement - Thailand
- Intertek Mineral Services - Indonesia
- Edison Trading Spa - Italy
- Trasteel International SA, Italy
- Mercator Lines Limited - India
- Straits Asia Resources Limited - Singapore
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- Oldendorff Carriers - Singapore
- SN Aboitiz Power Inc, Philippines
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- McConnell Dowell - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Mjunction Services Limited - India
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- Orica Australia Pty. Ltd.
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- Electricity Generating Authority of Thailand
- Gujarat Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Energy Development Corp, Philippines
- Tata Chemicals Ltd - India
- Aboitiz Power Corporation - Philippines
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- Standard Chartered Bank - UAE
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- Manunggal Multi Energi - Indonesia
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- Makarim & Taira - Indonesia
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- Sical Logistics Limited - India
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- Indian Oil Corporation Limited
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- Bharathi Cement Corporation - India
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- Thiess Contractors Indonesia
- The State Trading Corporation of India Ltd
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