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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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- Ministry of Transport, Egypt
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- Chamber of Mines of South Africa
- San Jose City I Power Corp, Philippines
- Coalindo Energy - Indonesia
- Videocon Industries ltd - India
- Romanian Commodities Exchange
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- Deloitte Consulting - India
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- SN Aboitiz Power Inc, Philippines
- Africa Commodities Group - South Africa
- Indian Energy Exchange, India
- Ind-Barath Power Infra Limited - India
- Eastern Coal Council - USA
- Binh Thuan Hamico - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Indo Tambangraya Megah - Indonesia
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- Globalindo Alam Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
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- Ceylon Electricity Board - Sri Lanka
- Semirara Mining and Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Carbofer General Trading SA - India
- Jorong Barutama Greston.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Karaikal Port Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Malabar Cements Ltd - India
- IEA Clean Coal Centre - UK
- Renaissance Capital - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Kumho Petrochemical, South Korea
- Commonwealth Bank - Australia
- Star Paper Mills Limited - India
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- Power Finance Corporation Ltd., India
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- The University of Queensland
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- Eastern Energy - Thailand
- Wood Mackenzie - Singapore
- Simpson Spence & Young - Indonesia
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- Gujarat Mineral Development Corp Ltd - India
- Interocean Group of Companies - India
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- Jaiprakash Power Ventures ltd
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- Bhoruka Overseas - Indonesia
- Altura Mining Limited, Indonesia
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- Holcim Trading Pte Ltd - Singapore
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- The Treasury - Australian Government
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- Aditya Birla Group - India
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Mines - Canada
- Intertek Mineral Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Vedanta Resources Plc - India
- Maharashtra Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Sindya Power Generating Company Private Ltd
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- Energy Development Corp, Philippines
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- Chettinad Cement Corporation Ltd - India
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- New Zealand Coal & Carbon
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- South Luzon Thermal Energy Corporation
- SMC Global Power, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Larsen & Toubro Limited - India
- Toyota Tsusho Corporation, Japan
- Meralco Power Generation, Philippines
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- Straits Asia Resources Limited - Singapore
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- Directorate Of Revenue Intelligence - India
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- Indogreen Group - Indonesia
- ASAPP Information Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Iligan Light & Power Inc, Philippines
- Georgia Ports Authority, United States
- IHS Mccloskey Coal Group - USA
- Latin American Coal - Colombia
- Semirara Mining Corp, Philippines
- Mercator Lines Limited - India
- Indonesian Coal Mining Association
- Singapore Mercantile Exchange
- Indika Energy - Indonesia
- Trasteel International SA, Italy
- Minerals Council of Australia
- Riau Bara Harum - Indonesia
- Heidelberg Cement - Germany
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- PowerSource Philippines DevCo
- Maheswari Brothers Coal Limited - India
- Kapuas Tunggal Persada - Indonesia
- Energy Link Ltd, New Zealand
- Ministry of Finance - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bhushan Steel Limited - India
- Australian Coal Association
- Mintek Dendrill Indonesia
- Kartika Selabumi Mining - Indonesia
- PTC India Limited - India
- Billiton Holdings Pty Ltd - Australia
- Economic Council, Georgia
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- Goldman Sachs - Singapore
- TNB Fuel Sdn Bhd - Malaysia
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- Petron Corporation, Philippines
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- Independent Power Producers Association of India
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- MS Steel International - UAE
- Bayan Resources Tbk. - Indonesia
- Krishnapatnam Port Company Ltd. - India
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