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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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- Krishnapatnam Port Company Ltd. - India
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- Wood Mackenzie - Singapore
- Thiess Contractors Indonesia
- Riau Bara Harum - Indonesia
- Minerals Council of Australia
- Gujarat Sidhee Cement - India
- SN Aboitiz Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Attock Cement Pakistan Limited
- Medco Energi Mining Internasional
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- Port Waratah Coal Services - Australia
- Madhucon Powers Ltd - India
- Kumho Petrochemical, South Korea
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- Chamber of Mines of South Africa
- Merrill Lynch Commodities Europe
- The Treasury - Australian Government
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- Singapore Mercantile Exchange
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- CIMB Investment Bank - Malaysia
- GMR Energy Limited - India
- Goldman Sachs - Singapore
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- Samtan Co., Ltd - South Korea
- Price Waterhouse Coopers - Russia
- Meralco Power Generation, Philippines
- SMC Global Power, Philippines
- Formosa Plastics Group - Taiwan
- Vizag Seaport Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Indogreen Group - Indonesia
- Aboitiz Power Corporation - Philippines
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- London Commodity Brokers - England
- AsiaOL BioFuels Corp., Philippines
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- Leighton Contractors Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pipit Mutiara Jaya. PT, Indonesia
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- Australian Commodity Traders Exchange
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- India Bulls Power Limited - India
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- Straits Asia Resources Limited - Singapore
- Grasim Industreis Ltd - India
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- Ministry of Transport, Egypt
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- ICICI Bank Limited - India
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- Energy Development Corp, Philippines
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- IHS Mccloskey Coal Group - USA
- Petron Corporation, Philippines
- GVK Power & Infra Limited - India
- Siam City Cement - Thailand
- Neyveli Lignite Corporation Ltd, - India
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- Sarangani Energy Corporation, Philippines
- CNBM International Corporation - China
- Karbindo Abesyapradhi - Indoneisa
- Larsen & Toubro Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Intertek Mineral Services - Indonesia
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- Coalindo Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
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- Planning Commission, India
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- Renaissance Capital - South Africa
- Meenaskhi Energy Private Limited - India
- White Energy Company Limited
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- MS Steel International - UAE
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- Indian Oil Corporation Limited
- Vijayanagar Sugar Pvt Ltd - India
- Tamil Nadu electricity Board
- Georgia Ports Authority, United States
- Ministry of Mines - Canada
- Parry Sugars Refinery, India
- Kaltim Prima Coal - Indonesia
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- Malabar Cements Ltd - India
- Siam City Cement PLC, Thailand
- Metalloyd Limited - United Kingdom
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- Baramulti Group, Indonesia
- Dalmia Cement Bharat India
- Eastern Energy - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Iligan Light & Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Banpu Public Company Limited - Thailand
- Mercator Lines Limited - India
- Commonwealth Bank - Australia
- Kohat Cement Company Ltd. - Pakistan
- PowerSource Philippines DevCo
- Bukit Makmur.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Deloitte Consulting - India
- Jindal Steel & Power Ltd - India
- Heidelberg Cement - Germany
- Rio Tinto Coal - Australia
- Bharathi Cement Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Edison Trading Spa - Italy
- Bulk Trading Sa - Switzerland
- Global Coal Blending Company Limited - Australia
- Makarim & Taira - Indonesia
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- Sinarmas Energy and Mining - Indonesia
- Ambuja Cements Ltd - India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Generating Authority of Thailand
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- Australian Coal Association
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Toyota Tsusho Corporation, Japan
- SMG Consultants - Indonesia
- Indonesian Coal Mining Association
- Parliament of New Zealand
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- Electricity Authority, New Zealand
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- IEA Clean Coal Centre - UK
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- The University of Queensland
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- Economic Council, Georgia
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