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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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- Gujarat Mineral Development Corp Ltd - India
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- European Bulk Services B.V. - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Videocon Industries ltd - India
- Indian Energy Exchange, India
- Miang Besar Coal Terminal - Indonesia
- Lanco Infratech Ltd - India
- Heidelberg Cement - Germany
- Orica Mining Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Romanian Commodities Exchange
- Price Waterhouse Coopers - Russia
- Merrill Lynch Commodities Europe
- Offshore Bulk Terminal Pte Ltd, Singapore
- Minerals Council of Australia
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- Trasteel International SA, Italy
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- Mjunction Services Limited - India
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- Alfred C Toepfer International GmbH - Germany
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- Power Finance Corporation Ltd., India
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- Electricity Authority, New Zealand
- Meenaskhi Energy Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Ministry of Mines - Canada
- Formosa Plastics Group - Taiwan
- Directorate Of Revenue Intelligence - India
- Holcim Trading Pte Ltd - Singapore
- Rio Tinto Coal - Australia
- Barasentosa Lestari - Indonesia
- Edison Trading Spa - Italy
- Metalloyd Limited - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
- Attock Cement Pakistan Limited
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- Toyota Tsusho Corporation, Japan
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- London Commodity Brokers - England
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- Coalindo Energy - Indonesia
- Ministry of Transport, Egypt
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- Vijayanagar Sugar Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Oldendorff Carriers - Singapore
- Petron Corporation, Philippines
- Indika Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- India Bulls Power Limited - India
- Essar Steel Hazira Ltd - India
- Commonwealth Bank - Australia
- Deloitte Consulting - India
- McConnell Dowell - Australia
- Aditya Birla Group - India
- Straits Asia Resources Limited - Singapore
- Australian Coal Association
- Central Electricity Authority - India
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- ASAPP Information Group - India
- Gujarat Sidhee Cement - India
- Marubeni Corporation - India
- Malabar Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- VISA Power Limited - India
- GMR Energy Limited - India
- Planning Commission, India
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- Xindia Steels Limited - India
- PowerSource Philippines DevCo
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- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
- Uttam Galva Steels Limited - India
- Maheswari Brothers Coal Limited - India
- IEA Clean Coal Centre - UK
- Rashtriya Ispat Nigam Limited - India
- Chamber of Mines of South Africa
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- Indian Oil Corporation Limited
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- Grasim Industreis Ltd - India
- GAC Shipping (India) Pvt Ltd
- Eastern Coal Council - USA
- Central Java Power - Indonesia
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- Standard Chartered Bank - UAE
- Gujarat Electricity Regulatory Commission - India
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- White Energy Company Limited
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- Directorate General of MIneral and Coal - Indonesia
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- Wilmar Investment Holdings
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- Indonesian Coal Mining Association
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- Thiess Contractors Indonesia
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- Economic Council, Georgia
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- Bahari Cakrawala Sebuku - Indonesia
- Mercator Lines Limited - India
- New Zealand Coal & Carbon
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- Medco Energi Mining Internasional
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- Parliament of New Zealand
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- CIMB Investment Bank - Malaysia
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- Global Green Power PLC Corporation, Philippines
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- Independent Power Producers Association of India
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