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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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- PNOC Exploration Corporation - Philippines
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- MS Steel International - UAE
- PowerSource Philippines DevCo
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- Xindia Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- White Energy Company Limited
- Carbofer General Trading SA - India
- Maharashtra Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- SN Aboitiz Power Inc, Philippines
- Central Electricity Authority - India
- ICICI Bank Limited - India
- Coalindo Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Latin American Coal - Colombia
- Straits Asia Resources Limited - Singapore
- Indo Tambangraya Megah - Indonesia
- Economic Council, Georgia
- Siam City Cement - Thailand
- Vedanta Resources Plc - India
- Holcim Trading Pte Ltd - Singapore
- Merrill Lynch Commodities Europe
- McConnell Dowell - Australia
- Marubeni Corporation - India
- Posco Energy - South Korea
- Riau Bara Harum - Indonesia
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- Pipit Mutiara Jaya. PT, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coal and Oil Company - UAE
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- Samtan Co., Ltd - South Korea
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- Malabar Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- Kumho Petrochemical, South Korea
- Global Coal Blending Company Limited - Australia
- Singapore Mercantile Exchange
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- The State Trading Corporation of India Ltd
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- European Bulk Services B.V. - Netherlands
- Coastal Gujarat Power Limited - India
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- London Commodity Brokers - England
- Energy Link Ltd, New Zealand
- Electricity Authority, New Zealand
- Thai Mozambique Logistica
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- Leighton Contractors Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
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- Manunggal Multi Energi - Indonesia
- The Treasury - Australian Government
- Independent Power Producers Association of India
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- Indian Energy Exchange, India
- Jindal Steel & Power Ltd - India
- Altura Mining Limited, Indonesia
- Mintek Dendrill Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Australian Commodity Traders Exchange
- TNB Fuel Sdn Bhd - Malaysia
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- Ministry of Transport, Egypt
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- Mjunction Services Limited - India
- IHS Mccloskey Coal Group - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement PLC, Thailand
- LBH Netherlands Bv - Netherlands
- Rio Tinto Coal - Australia
- Toyota Tsusho Corporation, Japan
- GN Power Mariveles Coal Plant, Philippines
- Jorong Barutama Greston.PT - Indonesia
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- CNBM International Corporation - China
- Iligan Light & Power Inc, Philippines
- Australian Coal Association
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- Power Finance Corporation Ltd., India
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- GAC Shipping (India) Pvt Ltd
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- Commonwealth Bank - Australia
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- Bulk Trading Sa - Switzerland
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- Minerals Council of Australia
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- India Bulls Power Limited - India
- Trasteel International SA, Italy
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- Energy Development Corp, Philippines
- Cement Manufacturers Association - India
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- Medco Energi Mining Internasional
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- Barasentosa Lestari - Indonesia
- Planning Commission, India
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- Parliament of New Zealand
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- Gujarat Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
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- Orica Australia Pty. Ltd.
- GMR Energy Limited - India
- Tata Chemicals Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Oldendorff Carriers - Singapore
- Billiton Holdings Pty Ltd - Australia
- Eastern Coal Council - USA
- Indian Oil Corporation Limited
- Ceylon Electricity Board - Sri Lanka
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- SMC Global Power, Philippines
- PTC India Limited - India
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- Romanian Commodities Exchange
- Thiess Contractors Indonesia
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- Ministry of Mines - Canada
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- Wilmar Investment Holdings
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- Jaiprakash Power Ventures ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Renaissance Capital - South Africa
- Deloitte Consulting - India
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- Meralco Power Generation, Philippines
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