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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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- Asmin Koalindo Tuhup - Indonesia
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- MS Steel International - UAE
- Samtan Co., Ltd - South Korea
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- Antam Resourcindo - Indonesia
- Salva Resources Pvt Ltd - India
- Planning Commission, India
- Maharashtra Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Bangladesh Power Developement Board
- London Commodity Brokers - England
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Standard Chartered Bank - UAE
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- Pendopo Energi Batubara - Indonesia
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- Central Java Power - Indonesia
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- Africa Commodities Group - South Africa
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- Maheswari Brothers Coal Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Meenaskhi Energy Private Limited - India
- New Zealand Coal & Carbon
- Kalimantan Lumbung Energi - Indonesia
- ICICI Bank Limited - India
- Kumho Petrochemical, South Korea
- Edison Trading Spa - Italy
- Thai Mozambique Logistica
- Oldendorff Carriers - Singapore
- IHS Mccloskey Coal Group - USA
- Ministry of Finance - Indonesia
- Power Finance Corporation Ltd., India
- Indian Energy Exchange, India
- Renaissance Capital - South Africa
- Altura Mining Limited, Indonesia
- Grasim Industreis Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Trasteel International SA, Italy
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- Minerals Council of Australia
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- Miang Besar Coal Terminal - Indonesia
- Latin American Coal - Colombia
- Dalmia Cement Bharat India
- Siam City Cement - Thailand
- Indonesian Coal Mining Association
- Heidelberg Cement - Germany
- Chamber of Mines of South Africa
- Goldman Sachs - Singapore
- Agrawal Coal Company - India
- Toyota Tsusho Corporation, Japan
- Simpson Spence & Young - Indonesia
- Ambuja Cements Ltd - India
- Attock Cement Pakistan Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Intertek Mineral Services - Indonesia
- Interocean Group of Companies - India
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- Independent Power Producers Association of India
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- Videocon Industries ltd - India
- Tamil Nadu electricity Board
- Coal and Oil Company - UAE
- Borneo Indobara - Indonesia
- Sinarmas Energy and Mining - Indonesia
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- San Jose City I Power Corp, Philippines
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- Ministry of Transport, Egypt
- Deloitte Consulting - India
- Baramulti Group, Indonesia
- Straits Asia Resources Limited - Singapore
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- Australian Coal Association
- Bhoruka Overseas - Indonesia
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- Mjunction Services Limited - India
- Anglo American - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Timah Investasi Mineral - Indoneisa
- IEA Clean Coal Centre - UK
- Kideco Jaya Agung - Indonesia
- Indo Tambangraya Megah - Indonesia
- Ministry of Mines - Canada
- Petron Corporation, Philippines
- ASAPP Information Group - India
- Orica Australia Pty. Ltd.
- GVK Power & Infra Limited - India
- The University of Queensland
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- Eastern Coal Council - USA
- Therma Luzon, Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- Economic Council, Georgia
- The Treasury - Australian Government
- Metalloyd Limited - United Kingdom
- Central Electricity Authority - India
- Alfred C Toepfer International GmbH - Germany
- Gujarat Sidhee Cement - India
- Aditya Birla Group - India
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- Bulk Trading Sa - Switzerland
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- White Energy Company Limited
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- Eastern Energy - Thailand
- Vedanta Resources Plc - India
- Sakthi Sugars Limited - India
- Binh Thuan Hamico - Vietnam
- Posco Energy - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parliament of New Zealand
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