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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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- Kobexindo Tractors - Indoneisa
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- India Bulls Power Limited - India
- Kideco Jaya Agung - Indonesia
- Larsen & Toubro Limited - India
- Renaissance Capital - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Tata Chemicals Ltd - India
- Wood Mackenzie - Singapore
- Bangladesh Power Developement Board
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- Edison Trading Spa - Italy
- Kepco SPC Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Indogreen Group - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Globalindo Alam Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- Romanian Commodities Exchange
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- Orica Australia Pty. Ltd.
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- Kumho Petrochemical, South Korea
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- Indian Oil Corporation Limited
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- Marubeni Corporation - India
- New Zealand Coal & Carbon
- Medco Energi Mining Internasional
- Eastern Coal Council - USA
- Bahari Cakrawala Sebuku - Indonesia
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Global Coal Blending Company Limited - Australia
- Dalmia Cement Bharat India
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- Bulk Trading Sa - Switzerland
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- Directorate General of MIneral and Coal - Indonesia
- Meralco Power Generation, Philippines
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- Eastern Energy - Thailand
- Chamber of Mines of South Africa
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- Petron Corporation, Philippines
- Georgia Ports Authority, United States
- Power Finance Corporation Ltd., India
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- White Energy Company Limited
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- Ministry of Transport, Egypt
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- Siam City Cement PLC, Thailand
- Cement Manufacturers Association - India
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- Gujarat Mineral Development Corp Ltd - India
- Bhoruka Overseas - Indonesia
- Australian Commodity Traders Exchange
- Directorate Of Revenue Intelligence - India
- Riau Bara Harum - Indonesia
- Carbofer General Trading SA - India
- CIMB Investment Bank - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tamil Nadu electricity Board
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- The State Trading Corporation of India Ltd
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- London Commodity Brokers - England
- Parry Sugars Refinery, India
- Commonwealth Bank - Australia
- Madhucon Powers Ltd - India
- Price Waterhouse Coopers - Russia
- Star Paper Mills Limited - India
- PNOC Exploration Corporation - Philippines
- Sojitz Corporation - Japan
- Leighton Contractors Pty Ltd - Australia
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- Electricity Generating Authority of Thailand
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- Baramulti Group, Indonesia
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- GVK Power & Infra Limited - India
- Malabar Cements Ltd - India
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- Energy Development Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Minerals Council of Australia
- Heidelberg Cement - Germany
- Mintek Dendrill Indonesia
- PowerSource Philippines DevCo
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- Standard Chartered Bank - UAE
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- ICICI Bank Limited - India
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- Energy Link Ltd, New Zealand
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- Binh Thuan Hamico - Vietnam
- Electricity Authority, New Zealand
- SMG Consultants - Indonesia
- Bukit Makmur.PT - Indonesia
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- Sical Logistics Limited - India
- Merrill Lynch Commodities Europe
- Planning Commission, India
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- Kapuas Tunggal Persada - Indonesia
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- Australian Coal Association
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- Economic Council, Georgia
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- Latin American Coal - Colombia
- Billiton Holdings Pty Ltd - Australia
- Singapore Mercantile Exchange
- Ministry of Mines - Canada
- IEA Clean Coal Centre - UK
- Rio Tinto Coal - Australia
- Thiess Contractors Indonesia
- VISA Power Limited - India
- IHS Mccloskey Coal Group - USA
- Independent Power Producers Association of India
- Attock Cement Pakistan Limited
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