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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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- Global Business Power Corporation, Philippines
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- MS Steel International - UAE
- Bulk Trading Sa - Switzerland
- Australian Coal Association
- Miang Besar Coal Terminal - Indonesia
- Singapore Mercantile Exchange
- ICICI Bank Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- GMR Energy Limited - India
- Dalmia Cement Bharat India
- AsiaOL BioFuels Corp., Philippines
- Power Finance Corporation Ltd., India
- Economic Council, Georgia
- Edison Trading Spa - Italy
- Maheswari Brothers Coal Limited - India
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- Samtan Co., Ltd - South Korea
- Standard Chartered Bank - UAE
- Central Electricity Authority - India
- Madhucon Powers Ltd - India
- Essar Steel Hazira Ltd - India
- Marubeni Corporation - India
- IEA Clean Coal Centre - UK
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- GVK Power & Infra Limited - India
- SMG Consultants - Indonesia
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- Alfred C Toepfer International GmbH - Germany
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- Price Waterhouse Coopers - Russia
- SMC Global Power, Philippines
- SN Aboitiz Power Inc, Philippines
- The Treasury - Australian Government
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- Karbindo Abesyapradhi - Indoneisa
- Central Java Power - Indonesia
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- Lanco Infratech Ltd - India
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- New Zealand Coal & Carbon
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- Aboitiz Power Corporation - Philippines
- India Bulls Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Metalloyd Limited - United Kingdom
- McConnell Dowell - Australia
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- Intertek Mineral Services - Indonesia
- Simpson Spence & Young - Indonesia
- ASAPP Information Group - India
- CNBM International Corporation - China
- Minerals Council of Australia
- Petrochimia International Co. Ltd.- Taiwan
- Thai Mozambique Logistica
- Straits Asia Resources Limited - Singapore
- Indika Energy - Indonesia
- Orica Australia Pty. Ltd.
- Indian Oil Corporation Limited
- Cigading International Bulk Terminal - Indonesia
- PTC India Limited - India
- Kalimantan Lumbung Energi - Indonesia
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- Coal and Oil Company - UAE
- Renaissance Capital - South Africa
- White Energy Company Limited
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- Grasim Industreis Ltd - India
- London Commodity Brokers - England
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- Sojitz Corporation - Japan
- Planning Commission, India
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- Tata Chemicals Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Energy Development Corp, Philippines
- Toyota Tsusho Corporation, Japan
- OPG Power Generation Pvt Ltd - India
- VISA Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Georgia Ports Authority, United States
- Cement Manufacturers Association - India
- Antam Resourcindo - Indonesia
- Vizag Seaport Private Limited - India
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- Africa Commodities Group - South Africa
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- Wilmar Investment Holdings
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- The State Trading Corporation of India Ltd
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- Carbofer General Trading SA - India
- Bukit Makmur.PT - Indonesia
- Electricity Authority, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- International Coal Ventures Pvt Ltd - India
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- Petron Corporation, Philippines
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- Videocon Industries ltd - India
- IHS Mccloskey Coal Group - USA
- Trasteel International SA, Italy
- Indonesian Coal Mining Association
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- Heidelberg Cement - Germany
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- European Bulk Services B.V. - Netherlands
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- Ministry of Finance - Indonesia
- Iligan Light & Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Global Coal Blending Company Limited - Australia
- Semirara Mining and Power Corporation, Philippines
- Anglo American - United Kingdom
- Mercuria Energy - Indonesia
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- Bangladesh Power Developement Board
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- Parliament of New Zealand
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