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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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- Sindya Power Generating Company Private Ltd
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- Planning Commission, India
- Trasteel International SA, Italy
- Lanco Infratech Ltd - India
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- Aditya Birla Group - India
- Kapuas Tunggal Persada - Indonesia
- Parliament of New Zealand
- Economic Council, Georgia
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- Energy Link Ltd, New Zealand
- Bukit Makmur.PT - Indonesia
- Essar Steel Hazira Ltd - India
- Meralco Power Generation, Philippines
- Petron Corporation, Philippines
- Sojitz Corporation - Japan
- Savvy Resources Ltd - HongKong
- AsiaOL BioFuels Corp., Philippines
- Posco Energy - South Korea
- LBH Netherlands Bv - Netherlands
- Sakthi Sugars Limited - India
- Indonesian Coal Mining Association
- Siam City Cement PLC, Thailand
- Borneo Indobara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Formosa Plastics Group - Taiwan
- Australian Commodity Traders Exchange
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- San Jose City I Power Corp, Philippines
- SMG Consultants - Indonesia
- Indika Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Antam Resourcindo - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Marubeni Corporation - India
- Renaissance Capital - South Africa
- Heidelberg Cement - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Minerals Council of Australia
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- Chettinad Cement Corporation Ltd - India
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- London Commodity Brokers - England
- Metalloyd Limited - United Kingdom
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- Banpu Public Company Limited - Thailand
- Edison Trading Spa - Italy
- Videocon Industries ltd - India
- Energy Development Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Central Java Power - Indonesia
- Bharathi Cement Corporation - India
- MS Steel International - UAE
- Sinarmas Energy and Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Makarim & Taira - Indonesia
- Independent Power Producers Association of India
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- GMR Energy Limited - India
- Mercator Lines Limited - India
- Coalindo Energy - Indonesia
- Australian Coal Association
- Meenaskhi Energy Private Limited - India
- Mercuria Energy - Indonesia
- GVK Power & Infra Limited - India
- Port Waratah Coal Services - Australia
- Bukit Baiduri Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Tamil Nadu electricity Board
- Holcim Trading Pte Ltd - Singapore
- Ministry of Finance - Indonesia
- Coastal Gujarat Power Limited - India
- Bhatia International Limited - India
- Baramulti Group, Indonesia
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- Timah Investasi Mineral - Indoneisa
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- Cement Manufacturers Association - India
- Electricity Generating Authority of Thailand
- Alfred C Toepfer International GmbH - Germany
- CNBM International Corporation - China
- Power Finance Corporation Ltd., India
- Singapore Mercantile Exchange
- Central Electricity Authority - India
- Wood Mackenzie - Singapore
- Leighton Contractors Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Grasim Industreis Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tata Chemicals Ltd - India
- IEA Clean Coal Centre - UK
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- The University of Queensland
- Mjunction Services Limited - India
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- Georgia Ports Authority, United States
- Iligan Light & Power Inc, Philippines
- Anglo American - United Kingdom
- Latin American Coal - Colombia
- Eastern Energy - Thailand
- Ministry of Mines - Canada
- ICICI Bank Limited - India
- Deloitte Consulting - India
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- IHS Mccloskey Coal Group - USA
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- SMC Global Power, Philippines
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- The State Trading Corporation of India Ltd
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- Indogreen Group - Indonesia
- Indo Tambangraya Megah - Indonesia
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