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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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- Parry Sugars Refinery, India
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- Mintek Dendrill Indonesia
- Coal and Oil Company - UAE
- Riau Bara Harum - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- VISA Power Limited - India
- Indian Oil Corporation Limited
- Dalmia Cement Bharat India
- Intertek Mineral Services - Indonesia
- Karaikal Port Pvt Ltd - India
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Wilmar Investment Holdings
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- Bulk Trading Sa - Switzerland
- Kepco SPC Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Power Finance Corporation Ltd., India
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- Jaiprakash Power Ventures ltd
- Port Waratah Coal Services - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- McConnell Dowell - Australia
- Indogreen Group - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Vizag Seaport Private Limited - India
- Samtan Co., Ltd - South Korea
- Bhatia International Limited - India
- Baramulti Group, Indonesia
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- Ceylon Electricity Board - Sri Lanka
- Energy Development Corp, Philippines
- Eastern Energy - Thailand
- Orica Mining Services - Indonesia
- Georgia Ports Authority, United States
- Minerals Council of Australia
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- Deloitte Consulting - India
- Singapore Mercantile Exchange
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- IHS Mccloskey Coal Group - USA
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
- Ind-Barath Power Infra Limited - India
- Electricity Authority, New Zealand
- GMR Energy Limited - India
- SMG Consultants - Indonesia
- Price Waterhouse Coopers - Russia
- Economic Council, Georgia
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- Chamber of Mines of South Africa
- Globalindo Alam Lestari - Indonesia
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- Kalimantan Lumbung Energi - Indonesia
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- Siam City Cement - Thailand
- Iligan Light & Power Inc, Philippines
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- TNB Fuel Sdn Bhd - Malaysia
- Wood Mackenzie - Singapore
- San Jose City I Power Corp, Philippines
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- Parliament of New Zealand
- The State Trading Corporation of India Ltd
- Australian Commodity Traders Exchange
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- Toyota Tsusho Corporation, Japan
- Bhoruka Overseas - Indonesia
- Rashtriya Ispat Nigam Limited - India
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- Bukit Makmur.PT - Indonesia
- Lanco Infratech Ltd - India
- Indo Tambangraya Megah - Indonesia
- Sakthi Sugars Limited - India
- ICICI Bank Limited - India
- Ministry of Mines - Canada
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- European Bulk Services B.V. - Netherlands
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- Independent Power Producers Association of India
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- Pendopo Energi Batubara - Indonesia
- MS Steel International - UAE
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Global Green Power PLC Corporation, Philippines
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- Directorate Of Revenue Intelligence - India
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- Africa Commodities Group - South Africa
- Tamil Nadu electricity Board
- Marubeni Corporation - India
- Edison Trading Spa - Italy
- Bangladesh Power Developement Board
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- Australian Coal Association
- Oldendorff Carriers - Singapore
- Cement Manufacturers Association - India
- Meralco Power Generation, Philippines
- Malabar Cements Ltd - India
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- Romanian Commodities Exchange
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- Metalloyd Limited - United Kingdom
- Petron Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- CNBM International Corporation - China
- Energy Link Ltd, New Zealand
- Posco Energy - South Korea
- Standard Chartered Bank - UAE
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- Directorate General of MIneral and Coal - Indonesia
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- Therma Luzon, Inc, Philippines
- Planning Commission, India
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- Merrill Lynch Commodities Europe
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- The Treasury - Australian Government
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- Manunggal Multi Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Renaissance Capital - South Africa
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- Orica Australia Pty. Ltd.
- GAC Shipping (India) Pvt Ltd
- London Commodity Brokers - England
- Thai Mozambique Logistica
- Central Java Power - Indonesia
- Sree Jayajothi Cements Limited - India
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- PTC India Limited - India
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