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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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- Romanian Commodities Exchange
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- Minerals Council of Australia
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- The Treasury - Australian Government
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- Pipit Mutiara Jaya. PT, Indonesia
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- Tamil Nadu electricity Board
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- White Energy Company Limited
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- Parliament of New Zealand
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Indika Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Billiton Holdings Pty Ltd - Australia
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- Indonesian Coal Mining Association
- Kalimantan Lumbung Energi - Indonesia
- GVK Power & Infra Limited - India
- Petron Corporation, Philippines
- Central Electricity Authority - India
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- Agrawal Coal Company - India
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- Global Coal Blending Company Limited - Australia
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- Marubeni Corporation - India
- ASAPP Information Group - India
- Ambuja Cements Ltd - India
- VISA Power Limited - India
- Grasim Industreis Ltd - India
- Price Waterhouse Coopers - Russia
- India Bulls Power Limited - India
- Energy Development Corp, Philippines
- Intertek Mineral Services - Indonesia
- Goldman Sachs - Singapore
- Bahari Cakrawala Sebuku - Indonesia
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- Aboitiz Power Corporation - Philippines
- Larsen & Toubro Limited - India
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- Ind-Barath Power Infra Limited - India
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- Renaissance Capital - South Africa
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- Medco Energi Mining Internasional
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- Indogreen Group - Indonesia
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- Star Paper Mills Limited - India
- Eastern Coal Council - USA
- Bharathi Cement Corporation - India
- Port Waratah Coal Services - Australia
- Parry Sugars Refinery, India
- Simpson Spence & Young - Indonesia
- Semirara Mining Corp, Philippines
- Dalmia Cement Bharat India
- International Coal Ventures Pvt Ltd - India
- Latin American Coal - Colombia
- Timah Investasi Mineral - Indoneisa
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- Ministry of Transport, Egypt
- Eastern Energy - Thailand
- Uttam Galva Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
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- Cement Manufacturers Association - India
- Holcim Trading Pte Ltd - Singapore
- Karaikal Port Pvt Ltd - India
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- Coastal Gujarat Power Limited - India
- Kaltim Prima Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Banpu Public Company Limited - Thailand
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- Deloitte Consulting - India
- IHS Mccloskey Coal Group - USA
- Binh Thuan Hamico - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Formosa Plastics Group - Taiwan
- Malabar Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Aditya Birla Group - India
- Altura Mining Limited, Indonesia
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- Gujarat Mineral Development Corp Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The University of Queensland
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- TNB Fuel Sdn Bhd - Malaysia
- Economic Council, Georgia
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- Siam City Cement PLC, Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Planning Commission, India
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- Siam City Cement - Thailand
- Bukit Makmur.PT - Indonesia
- Borneo Indobara - Indonesia
- Standard Chartered Bank - UAE
- Miang Besar Coal Terminal - Indonesia
- Thiess Contractors Indonesia
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mercuria Energy - Indonesia
- Antam Resourcindo - Indonesia
- Wood Mackenzie - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
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