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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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- Indian Oil Corporation Limited
- Ministry of Transport, Egypt
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- Australian Coal Association
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- Siam City Cement PLC, Thailand
- Kumho Petrochemical, South Korea
- Altura Mining Limited, Indonesia
- Australian Commodity Traders Exchange
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- Energy Development Corp, Philippines
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- Indonesian Coal Mining Association
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- TNB Fuel Sdn Bhd - Malaysia
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- The State Trading Corporation of India Ltd
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- Rio Tinto Coal - Australia
- Metalloyd Limited - United Kingdom
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- European Bulk Services B.V. - Netherlands
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- Electricity Authority, New Zealand
- Indian Energy Exchange, India
- Formosa Plastics Group - Taiwan
- Bulk Trading Sa - Switzerland
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- Asmin Koalindo Tuhup - Indonesia
- Mercator Lines Limited - India
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- White Energy Company Limited
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- Therma Luzon, Inc, Philippines
- San Jose City I Power Corp, Philippines
- Price Waterhouse Coopers - Russia
- McConnell Dowell - Australia
- Renaissance Capital - South Africa
- Anglo American - United Kingdom
- India Bulls Power Limited - India
- IEA Clean Coal Centre - UK
- Sojitz Corporation - Japan
- Wood Mackenzie - Singapore
- Toyota Tsusho Corporation, Japan
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- Holcim Trading Pte Ltd - Singapore
- TeaM Sual Corporation - Philippines
- Attock Cement Pakistan Limited
- Petron Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Grasim Industreis Ltd - India
- Barasentosa Lestari - Indonesia
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- VISA Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Port Waratah Coal Services - Australia
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- MS Steel International - UAE
- Star Paper Mills Limited - India
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- GN Power Mariveles Coal Plant, Philippines
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- Samtan Co., Ltd - South Korea
- Orica Australia Pty. Ltd.
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- Jaiprakash Power Ventures ltd
- Bangladesh Power Developement Board
- PowerSource Philippines DevCo
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- Thiess Contractors Indonesia
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- Mintek Dendrill Indonesia
- Karaikal Port Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- CNBM International Corporation - China
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- Riau Bara Harum - Indonesia
- Pendopo Energi Batubara - Indonesia
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- Intertek Mineral Services - Indonesia
- Cement Manufacturers Association - India
- Minerals Council of Australia
- Malabar Cements Ltd - India
- Siam City Cement - Thailand
- The Treasury - Australian Government
- Parliament of New Zealand
- SMG Consultants - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Aboitiz Power Corporation - Philippines
- Eastern Coal Council - USA
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- New Zealand Coal & Carbon
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- Banpu Public Company Limited - Thailand
- Kobexindo Tractors - Indoneisa
- Bayan Resources Tbk. - Indonesia
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- Bhoruka Overseas - Indonesia
- Singapore Mercantile Exchange
- SMC Global Power, Philippines
- GVK Power & Infra Limited - India
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- Maheswari Brothers Coal Limited - India
- Trasteel International SA, Italy
- Sinarmas Energy and Mining - Indonesia
- The University of Queensland
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- Economic Council, Georgia
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- GMR Energy Limited - India
- Eastern Energy - Thailand
- Tamil Nadu electricity Board
- Global Coal Blending Company Limited - Australia
- Antam Resourcindo - Indonesia
- Merrill Lynch Commodities Europe
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- London Commodity Brokers - England
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- Videocon Industries ltd - India
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- Ministry of Mines - Canada
- GAC Shipping (India) Pvt Ltd
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- Straits Asia Resources Limited - Singapore
- Edison Trading Spa - Italy
- Africa Commodities Group - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Essar Steel Hazira Ltd - India
- Deloitte Consulting - India
- Meenaskhi Energy Private Limited - India
- Sical Logistics Limited - India
- Energy Link Ltd, New Zealand
- Romanian Commodities Exchange
- Sakthi Sugars Limited - India
- Bukit Baiduri Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Gujarat Sidhee Cement - India
- Semirara Mining Corp, Philippines
- Chamber of Mines of South Africa
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- Tata Chemicals Ltd - India
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- Commonwealth Bank - Australia
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