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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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- Uttam Galva Steels Limited - India
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- Goldman Sachs - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vedanta Resources Plc - India
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coal and Oil Company - UAE
- Bayan Resources Tbk. - Indonesia
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- ICICI Bank Limited - India
- Global Business Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Thiess Contractors Indonesia
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- Electricity Authority, New Zealand
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- IEA Clean Coal Centre - UK
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- Commonwealth Bank - Australia
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- Directorate General of MIneral and Coal - Indonesia
- Agrawal Coal Company - India
- Malabar Cements Ltd - India
- Rio Tinto Coal - Australia
- Neyveli Lignite Corporation Ltd, - India
- Binh Thuan Hamico - Vietnam
- Georgia Ports Authority, United States
- Kaltim Prima Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Trasteel International SA, Italy
- Indo Tambangraya Megah - Indonesia
- Bulk Trading Sa - Switzerland
- Heidelberg Cement - Germany
- Ind-Barath Power Infra Limited - India
- Jaiprakash Power Ventures ltd
- ASAPP Information Group - India
- Indika Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Australian Coal Association
- LBH Netherlands Bv - Netherlands
- McConnell Dowell - Australia
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- PTC India Limited - India
- Parliament of New Zealand
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- The Treasury - Australian Government
- India Bulls Power Limited - India
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- Indogreen Group - Indonesia
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- Gujarat Electricity Regulatory Commission - India
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- Bhushan Steel Limited - India
- White Energy Company Limited
- Orica Australia Pty. Ltd.
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- Chamber of Mines of South Africa
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- AsiaOL BioFuels Corp., Philippines
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- Anglo American - United Kingdom
- Electricity Generating Authority of Thailand
- Kumho Petrochemical, South Korea
- Lanco Infratech Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Planning Commission, India
- Kalimantan Lumbung Energi - Indonesia
- San Jose City I Power Corp, Philippines
- Therma Luzon, Inc, Philippines
- Samtan Co., Ltd - South Korea
- Tamil Nadu electricity Board
- Global Coal Blending Company Limited - Australia
- Petron Corporation, Philippines
- Mercuria Energy - Indonesia
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- Sical Logistics Limited - India
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- Latin American Coal - Colombia
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- Maheswari Brothers Coal Limited - India
- Romanian Commodities Exchange
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- Makarim & Taira - Indonesia
- Central Electricity Authority - India
- Pipit Mutiara Jaya. PT, Indonesia
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- Kideco Jaya Agung - Indonesia
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- Meenaskhi Energy Private Limited - India
- PNOC Exploration Corporation - Philippines
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- Economic Council, Georgia
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- SN Aboitiz Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- New Zealand Coal & Carbon
- PowerSource Philippines DevCo
- Singapore Mercantile Exchange
- Straits Asia Resources Limited - Singapore
- Bukit Baiduri Energy - Indonesia
- Interocean Group of Companies - India
- Jorong Barutama Greston.PT - Indonesia
- Cement Manufacturers Association - India
- Barasentosa Lestari - Indonesia
- Larsen & Toubro Limited - India
- Ministry of Transport, Egypt
- Sinarmas Energy and Mining - Indonesia
- Price Waterhouse Coopers - Russia
- Wilmar Investment Holdings
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- Thai Mozambique Logistica
- SMC Global Power, Philippines
- Toyota Tsusho Corporation, Japan
- The State Trading Corporation of India Ltd
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- Sojitz Corporation - Japan
- Essar Steel Hazira Ltd - India
- Medco Energi Mining Internasional
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- Metalloyd Limited - United Kingdom
- Australian Commodity Traders Exchange
- Oldendorff Carriers - Singapore
- CNBM International Corporation - China
- Eastern Coal Council - USA
- GVK Power & Infra Limited - India
- Attock Cement Pakistan Limited
- Independent Power Producers Association of India
- Savvy Resources Ltd - HongKong
- Meralco Power Generation, Philippines
- Africa Commodities Group - South Africa
- The University of Queensland
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- Edison Trading Spa - Italy
- Mintek Dendrill Indonesia
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- Ministry of Mines - Canada
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- TeaM Sual Corporation - Philippines
- Minerals Council of Australia
- GN Power Mariveles Coal Plant, Philippines
- London Commodity Brokers - England
- Billiton Holdings Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Siam City Cement - Thailand
- Wood Mackenzie - Singapore
- Riau Bara Harum - Indonesia
- IHS Mccloskey Coal Group - USA
- Alfred C Toepfer International GmbH - Germany
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- SMG Consultants - Indonesia
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