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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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- Krishnapatnam Port Company Ltd. - India
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- Indogreen Group - Indonesia
- Therma Luzon, Inc, Philippines
- Barasentosa Lestari - Indonesia
- Thai Mozambique Logistica
- SMG Consultants - Indonesia
- Merrill Lynch Commodities Europe
- Bulk Trading Sa - Switzerland
- Vizag Seaport Private Limited - India
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- Petrochimia International Co. Ltd.- Taiwan
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- The Treasury - Australian Government
- Mercuria Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Pipit Mutiara Jaya. PT, Indonesia
- Economic Council, Georgia
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- Salva Resources Pvt Ltd - India
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- Planning Commission, India
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- SMC Global Power, Philippines
- Energy Link Ltd, New Zealand
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- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Xindia Steels Limited - India
- IHS Mccloskey Coal Group - USA
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- Binh Thuan Hamico - Vietnam
- Independent Power Producers Association of India
- LBH Netherlands Bv - Netherlands
- Port Waratah Coal Services - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Intertek Mineral Services - Indonesia
- Medco Energi Mining Internasional
- Sojitz Corporation - Japan
- Kobexindo Tractors - Indoneisa
- Grasim Industreis Ltd - India
- Deloitte Consulting - India
- Karaikal Port Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Sree Jayajothi Cements Limited - India
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- GAC Shipping (India) Pvt Ltd
- Semirara Mining Corp, Philippines
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- Goldman Sachs - Singapore
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- Coalindo Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Global Coal Blending Company Limited - Australia
- Commonwealth Bank - Australia
- Videocon Industries ltd - India
- Australian Coal Association
- OPG Power Generation Pvt Ltd - India
- Tamil Nadu electricity Board
- Simpson Spence & Young - Indonesia
- Ministry of Transport, Egypt
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
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- Wilmar Investment Holdings
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- Georgia Ports Authority, United States
- International Coal Ventures Pvt Ltd - India
- Borneo Indobara - Indonesia
- Ministry of Finance - Indonesia
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- Uttam Galva Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Electricity Generating Authority of Thailand
- Eastern Coal Council - USA
- Mintek Dendrill Indonesia
- Price Waterhouse Coopers - Russia
- Kalimantan Lumbung Energi - Indonesia
- ASAPP Information Group - India
- GVK Power & Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
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- TNB Fuel Sdn Bhd - Malaysia
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- Trasteel International SA, Italy
- Aditya Birla Group - India
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- ICICI Bank Limited - India
- Wood Mackenzie - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chamber of Mines of South Africa
- The University of Queensland
- Madhucon Powers Ltd - India
- London Commodity Brokers - England
- Bayan Resources Tbk. - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Electricity Authority, New Zealand
- Mjunction Services Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Sindya Power Generating Company Private Ltd
- European Bulk Services B.V. - Netherlands
- Africa Commodities Group - South Africa
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- Aboitiz Power Corporation - Philippines
- Meralco Power Generation, Philippines
- Marubeni Corporation - India
- Orica Mining Services - Indonesia
- Orica Australia Pty. Ltd.
- Samtan Co., Ltd - South Korea
- Riau Bara Harum - Indonesia
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- The State Trading Corporation of India Ltd
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- Bangladesh Power Developement Board
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- Attock Cement Pakistan Limited
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- PTC India Limited - India
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- Global Green Power PLC Corporation, Philippines
- CIMB Investment Bank - Malaysia
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- Parliament of New Zealand
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- Ministry of Mines - Canada
- Cement Manufacturers Association - India
- Standard Chartered Bank - UAE
- Makarim & Taira - Indonesia
- Heidelberg Cement - Germany
- Toyota Tsusho Corporation, Japan
- Metalloyd Limited - United Kingdom
- New Zealand Coal & Carbon
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- Coastal Gujarat Power Limited - India
- Directorate Of Revenue Intelligence - India
- Romanian Commodities Exchange
- Siam City Cement PLC, Thailand
- Minerals Council of Australia
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- Thiess Contractors Indonesia
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