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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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- Banpu Public Company Limited - Thailand
- London Commodity Brokers - England
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- Orica Australia Pty. Ltd.
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- Kepco SPC Power Corporation, Philippines
- The Treasury - Australian Government
- Kobexindo Tractors - Indoneisa
- Sree Jayajothi Cements Limited - India
- Interocean Group of Companies - India
- Altura Mining Limited, Indonesia
- Posco Energy - South Korea
- Ambuja Cements Ltd - India
- Eastern Energy - Thailand
- Ceylon Electricity Board - Sri Lanka
- Singapore Mercantile Exchange
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- Planning Commission, India
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- Indo Tambangraya Megah - Indonesia
- Kohat Cement Company Ltd. - Pakistan
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- Semirara Mining Corp, Philippines
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- Petron Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
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- PNOC Exploration Corporation - Philippines
- Price Waterhouse Coopers - Russia
- White Energy Company Limited
- MS Steel International - UAE
- Asmin Koalindo Tuhup - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Sindya Power Generating Company Private Ltd
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thiess Contractors Indonesia
- Indika Energy - Indonesia
- Vizag Seaport Private Limited - India
- Aditya Birla Group - India
- Georgia Ports Authority, United States
- Wood Mackenzie - Singapore
- Port Waratah Coal Services - Australia
- The University of Queensland
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- Deloitte Consulting - India
- Kapuas Tunggal Persada - Indonesia
- GMR Energy Limited - India
- Orica Mining Services - Indonesia
- IEA Clean Coal Centre - UK
- Thai Mozambique Logistica
- Medco Energi Mining Internasional
- McConnell Dowell - Australia
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- Trasteel International SA, Italy
- Simpson Spence & Young - Indonesia
- Kideco Jaya Agung - Indonesia
- Jindal Steel & Power Ltd - India
- Intertek Mineral Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Xindia Steels Limited - India
- Bulk Trading Sa - Switzerland
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- Bhushan Steel Limited - India
- Eastern Coal Council - USA
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- Maheswari Brothers Coal Limited - India
- Krishnapatnam Port Company Ltd. - India
- Borneo Indobara - Indonesia
- Mercuria Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Pendopo Energi Batubara - Indonesia
- Independent Power Producers Association of India
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- Rashtriya Ispat Nigam Limited - India
- Economic Council, Georgia
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- Leighton Contractors Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- Antam Resourcindo - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Africa Commodities Group - South Africa
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- Timah Investasi Mineral - Indoneisa
- Directorate Of Revenue Intelligence - India
- Indonesian Coal Mining Association
- Bangladesh Power Developement Board
- Parliament of New Zealand
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- Cement Manufacturers Association - India
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- SMC Global Power, Philippines
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- Indogreen Group - Indonesia
- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
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- Metalloyd Limited - United Kingdom
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- Bharathi Cement Corporation - India
- Electricity Authority, New Zealand
- Australian Coal Association
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- ICICI Bank Limited - India
- Global Coal Blending Company Limited - Australia
- Makarim & Taira - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CNBM International Corporation - China
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- Dalmia Cement Bharat India
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- Coal and Oil Company - UAE
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- Indian Energy Exchange, India
- Renaissance Capital - South Africa
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- New Zealand Coal & Carbon
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- Binh Thuan Hamico - Vietnam
- Attock Cement Pakistan Limited
- Ministry of Finance - Indonesia
- Romanian Commodities Exchange
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- Global Business Power Corporation, Philippines
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- Vijayanagar Sugar Pvt Ltd - India
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- Australian Commodity Traders Exchange
- Mintek Dendrill Indonesia
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- Commonwealth Bank - Australia
- Ministry of Transport, Egypt
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