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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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- Krishnapatnam Port Company Ltd. - India
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- Petrochimia International Co. Ltd.- Taiwan
- Indian Oil Corporation Limited
- Kepco SPC Power Corporation, Philippines
- CNBM International Corporation - China
- South Luzon Thermal Energy Corporation
- GVK Power & Infra Limited - India
- Coastal Gujarat Power Limited - India
- Indonesian Coal Mining Association
- PTC India Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Latin American Coal - Colombia
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- The Treasury - Australian Government
- Chamber of Mines of South Africa
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- Marubeni Corporation - India
- Singapore Mercantile Exchange
- ASAPP Information Group - India
- Goldman Sachs - Singapore
- SN Aboitiz Power Inc, Philippines
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- Dalmia Cement Bharat India
- McConnell Dowell - Australia
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Port Waratah Coal Services - Australia
- Meralco Power Generation, Philippines
- Sojitz Corporation - Japan
- Bulk Trading Sa - Switzerland
- Maharashtra Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Coal Council - USA
- Toyota Tsusho Corporation, Japan
- Ministry of Transport, Egypt
- Miang Besar Coal Terminal - Indonesia
- Eastern Energy - Thailand
- Jindal Steel & Power Ltd - India
- Antam Resourcindo - Indonesia
- Kideco Jaya Agung - Indonesia
- Metalloyd Limited - United Kingdom
- Directorate Of Revenue Intelligence - India
- Georgia Ports Authority, United States
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- Standard Chartered Bank - UAE
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- Price Waterhouse Coopers - Russia
- Karbindo Abesyapradhi - Indoneisa
- Commonwealth Bank - Australia
- Gujarat Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
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- Aditya Birla Group - India
- Medco Energi Mining Internasional
- Orica Australia Pty. Ltd.
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- MS Steel International - UAE
- Economic Council, Georgia
- LBH Netherlands Bv - Netherlands
- The State Trading Corporation of India Ltd
- Coalindo Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Minerals Council of Australia
- Ministry of Mines - Canada
- ICICI Bank Limited - India
- Essar Steel Hazira Ltd - India
- Mjunction Services Limited - India
- Bukit Makmur.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- Intertek Mineral Services - Indonesia
- Merrill Lynch Commodities Europe
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- Orica Mining Services - Indonesia
- Anglo American - United Kingdom
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- Samtan Co., Ltd - South Korea
- Billiton Holdings Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Straits Asia Resources Limited - Singapore
- Independent Power Producers Association of India
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- Deloitte Consulting - India
- Africa Commodities Group - South Africa
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- Semirara Mining Corp, Philippines
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- AsiaOL BioFuels Corp., Philippines
- Parliament of New Zealand
- Binh Thuan Hamico - Vietnam
- Global Business Power Corporation, Philippines
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- Xindia Steels Limited - India
- Australian Commodity Traders Exchange
- VISA Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining and Power Corporation, Philippines
- The University of Queensland
- Heidelberg Cement - Germany
- Mintek Dendrill Indonesia
- Electricity Generating Authority of Thailand
- New Zealand Coal & Carbon
- IEA Clean Coal Centre - UK
- Aboitiz Power Corporation - Philippines
- Interocean Group of Companies - India
- European Bulk Services B.V. - Netherlands
- Formosa Plastics Group - Taiwan
- Power Finance Corporation Ltd., India
- IHS Mccloskey Coal Group - USA
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- Ministry of Finance - Indonesia
- White Energy Company Limited
- Parry Sugars Refinery, India
- Wilmar Investment Holdings
- Savvy Resources Ltd - HongKong
- Leighton Contractors Pty Ltd - Australia
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