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Friday, 14 August 09
INDONESIA COAL-PRICES FALL TO $74, INDIA EYES SEPT CARGOES
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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- Jorong Barutama Greston.PT - Indonesia
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- Economic Council, Georgia
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- Ministry of Transport, Egypt
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- Petron Corporation, Philippines
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- Commonwealth Bank - Australia
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- Bulk Trading Sa - Switzerland
- Electricity Generating Authority of Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Thai Mozambique Logistica
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- Sree Jayajothi Cements Limited - India
- Rio Tinto Coal - Australia
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- Australian Coal Association
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- Jaiprakash Power Ventures ltd
- The State Trading Corporation of India Ltd
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- Electricity Authority, New Zealand
- European Bulk Services B.V. - Netherlands
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- IEA Clean Coal Centre - UK
- Renaissance Capital - South Africa
- Makarim & Taira - Indonesia
- Samtan Co., Ltd - South Korea
- Sarangani Energy Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Globalindo Alam Lestari - Indonesia
- Intertek Mineral Services - Indonesia
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- Energy Link Ltd, New Zealand
- Madhucon Powers Ltd - India
- Leighton Contractors Pty Ltd - Australia
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- Coal and Oil Company - UAE
- Ministry of Finance - Indonesia
- Meenaskhi Energy Private Limited - India
- Barasentosa Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Planning Commission, India
- Maharashtra Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- Siam City Cement - Thailand
- Mercator Lines Limited - India
- Ceylon Electricity Board - Sri Lanka
- Riau Bara Harum - Indonesia
- Gujarat Sidhee Cement - India
- Siam City Cement PLC, Thailand
- Chamber of Mines of South Africa
- Timah Investasi Mineral - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Kartika Selabumi Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sojitz Corporation - Japan
- Mintek Dendrill Indonesia
- Australian Commodity Traders Exchange
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- Aboitiz Power Corporation - Philippines
- Indika Energy - Indonesia
- Ministry of Mines - Canada
- Vedanta Resources Plc - India
- Romanian Commodities Exchange
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- Cement Manufacturers Association - India
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- London Commodity Brokers - England
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- Directorate General of MIneral and Coal - Indonesia
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- Gujarat Mineral Development Corp Ltd - India
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- Tata Chemicals Ltd - India
- Merrill Lynch Commodities Europe
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- Lanco Infratech Ltd - India
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- Indian Oil Corporation Limited
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- Singapore Mercantile Exchange
- VISA Power Limited - India
- MS Steel International - UAE
- Marubeni Corporation - India
- New Zealand Coal & Carbon
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- Indonesian Coal Mining Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indogreen Group - Indonesia
- Ambuja Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Eastern Energy - Thailand
- India Bulls Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Africa Commodities Group - South Africa
- Latin American Coal - Colombia
- Price Waterhouse Coopers - Russia
- Global Coal Blending Company Limited - Australia
- The University of Queensland
- Anglo American - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Indo Tambangraya Megah - Indonesia
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- White Energy Company Limited
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- Kohat Cement Company Ltd. - Pakistan
- Edison Trading Spa - Italy
- Oldendorff Carriers - Singapore
- IHS Mccloskey Coal Group - USA
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- Parliament of New Zealand
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- SMC Global Power, Philippines
- Georgia Ports Authority, United States
- Metalloyd Limited - United Kingdom
- Power Finance Corporation Ltd., India
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