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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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- Neyveli Lignite Corporation Ltd, - India
- Sindya Power Generating Company Private Ltd
- Merrill Lynch Commodities Europe
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- Bangladesh Power Developement Board
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- Australian Commodity Traders Exchange
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- The University of Queensland
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- ASAPP Information Group - India
- Malabar Cements Ltd - India
- Borneo Indobara - Indonesia
- Standard Chartered Bank - UAE
- Kobexindo Tractors - Indoneisa
- Straits Asia Resources Limited - Singapore
- Cigading International Bulk Terminal - Indonesia
- PTC India Limited - India
- Binh Thuan Hamico - Vietnam
- Formosa Plastics Group - Taiwan
- Jorong Barutama Greston.PT - Indonesia
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- Bulk Trading Sa - Switzerland
- Sakthi Sugars Limited - India
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- Georgia Ports Authority, United States
- Tamil Nadu electricity Board
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- IEA Clean Coal Centre - UK
- Jaiprakash Power Ventures ltd
- Star Paper Mills Limited - India
- Global Business Power Corporation, Philippines
- Indian Energy Exchange, India
- Economic Council, Georgia
- Antam Resourcindo - Indonesia
- Ministry of Mines - Canada
- India Bulls Power Limited - India
- Essar Steel Hazira Ltd - India
- Thiess Contractors Indonesia
- Billiton Holdings Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Commonwealth Bank - Australia
- Heidelberg Cement - Germany
- Indogreen Group - Indonesia
- Minerals Council of Australia
- Kaltim Prima Coal - Indonesia
- Uttam Galva Steels Limited - India
- Jindal Steel & Power Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Indian Oil Corporation Limited
- OPG Power Generation Pvt Ltd - India
- Parliament of New Zealand
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- Africa Commodities Group - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Chamber of Mines of South Africa
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- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
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- Vizag Seaport Private Limited - India
- Ministry of Transport, Egypt
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- Edison Trading Spa - Italy
- Energy Development Corp, Philippines
- Thai Mozambique Logistica
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- San Jose City I Power Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- VISA Power Limited - India
- London Commodity Brokers - England
- Manunggal Multi Energi - Indonesia
- Samtan Co., Ltd - South Korea
- CNBM International Corporation - China
- TNB Fuel Sdn Bhd - Malaysia
- Bharathi Cement Corporation - India
- TeaM Sual Corporation - Philippines
- Sojitz Corporation - Japan
- Sinarmas Energy and Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Simpson Spence & Young - Indonesia
- Electricity Authority, New Zealand
- Marubeni Corporation - India
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- Mercator Lines Limited - India
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- Toyota Tsusho Corporation, Japan
- Kepco SPC Power Corporation, Philippines
- The State Trading Corporation of India Ltd
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhoruka Overseas - Indonesia
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- Chettinad Cement Corporation Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rio Tinto Coal - Australia
- New Zealand Coal & Carbon
- Singapore Mercantile Exchange
- Makarim & Taira - Indonesia
- Bhatia International Limited - India
- PowerSource Philippines DevCo
- Wood Mackenzie - Singapore
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- Australian Coal Association
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- Global Coal Blending Company Limited - Australia
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- Parry Sugars Refinery, India
- Energy Link Ltd, New Zealand
- Eastern Energy - Thailand
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- Xindia Steels Limited - India
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- Kideco Jaya Agung - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Independent Power Producers Association of India
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- Mintek Dendrill Indonesia
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