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Friday, 14 August 09
INDONESIA COAL-PRICES FALL TO $74, INDIA EYES SEPT CARGOES
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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- Offshore Bulk Terminal Pte Ltd, Singapore
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- International Coal Ventures Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Australian Coal Association
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- Meenaskhi Energy Private Limited - India
- PowerSource Philippines DevCo
- Bhushan Steel Limited - India
- Barasentosa Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Siam City Cement PLC, Thailand
- Bhoruka Overseas - Indonesia
- London Commodity Brokers - England
- Eastern Energy - Thailand
- Minerals Council of Australia
- Global Coal Blending Company Limited - Australia
- ICICI Bank Limited - India
- Sinarmas Energy and Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Global Business Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Port Waratah Coal Services - Australia
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- Wood Mackenzie - Singapore
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- Gujarat Mineral Development Corp Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Madhucon Powers Ltd - India
- IEA Clean Coal Centre - UK
- Goldman Sachs - Singapore
- Ministry of Mines - Canada
- Central Java Power - Indonesia
- Attock Cement Pakistan Limited
- Coal and Oil Company - UAE
- Sindya Power Generating Company Private Ltd
- Indo Tambangraya Megah - Indonesia
- Riau Bara Harum - Indonesia
- Cement Manufacturers Association - India
- The Treasury - Australian Government
- Sical Logistics Limited - India
- GVK Power & Infra Limited - India
- Commonwealth Bank - Australia
- Kideco Jaya Agung - Indonesia
- Gujarat Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- PTC India Limited - India
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- Indian Oil Corporation Limited
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- Mercuria Energy - Indonesia
- Bharathi Cement Corporation - India
- Singapore Mercantile Exchange
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- Orica Australia Pty. Ltd.
- Bahari Cakrawala Sebuku - Indonesia
- Kepco SPC Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Australian Commodity Traders Exchange
- Coalindo Energy - Indonesia
- Standard Chartered Bank - UAE
- ASAPP Information Group - India
- Latin American Coal - Colombia
- Bhatia International Limited - India
- MS Steel International - UAE
- European Bulk Services B.V. - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sojitz Corporation - Japan
- Rio Tinto Coal - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Posco Energy - South Korea
- Miang Besar Coal Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Malabar Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Alfred C Toepfer International GmbH - Germany
- Karbindo Abesyapradhi - Indoneisa
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- White Energy Company Limited
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- Heidelberg Cement - Germany
- Tata Chemicals Ltd - India
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- Indonesian Coal Mining Association
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- New Zealand Coal & Carbon
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- Thai Mozambique Logistica
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- Bangladesh Power Developement Board
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- Ceylon Electricity Board - Sri Lanka
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- Independent Power Producers Association of India
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- Binh Thuan Hamico - Vietnam
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- Kalimantan Lumbung Energi - Indonesia
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The University of Queensland
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- Oldendorff Carriers - Singapore
- Global Green Power PLC Corporation, Philippines
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- Eastern Coal Council - USA
- Trasteel International SA, Italy
- Gujarat Sidhee Cement - India
- Larsen & Toubro Limited - India
- CNBM International Corporation - China
- PetroVietnam Power Coal Import and Supply Company
- Marubeni Corporation - India
- Price Waterhouse Coopers - Russia
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- Parliament of New Zealand
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- Economic Council, Georgia
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- SMC Global Power, Philippines
- Indian Energy Exchange, India
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- Thiess Contractors Indonesia
- Metalloyd Limited - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
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- Africa Commodities Group - South Africa
- SMG Consultants - Indonesia
- Samtan Co., Ltd - South Korea
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- Kapuas Tunggal Persada - Indonesia
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- IHS Mccloskey Coal Group - USA
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- LBH Netherlands Bv - Netherlands
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