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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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- Heidelberg Cement - Germany
- Semirara Mining Corp, Philippines
- Eastern Energy - Thailand
- Agrawal Coal Company - India
- TNB Fuel Sdn Bhd - Malaysia
- Grasim Industreis Ltd - India
- Romanian Commodities Exchange
- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
- Goldman Sachs - Singapore
- PowerSource Philippines DevCo
- Attock Cement Pakistan Limited
- Singapore Mercantile Exchange
- Energy Link Ltd, New Zealand
- Indogreen Group - Indonesia
- OPG Power Generation Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Deloitte Consulting - India
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- TeaM Sual Corporation - Philippines
- Electricity Authority, New Zealand
- Latin American Coal - Colombia
- Indonesian Coal Mining Association
- Manunggal Multi Energi - Indonesia
- Aditya Birla Group - India
- GMR Energy Limited - India
- ASAPP Information Group - India
- Wood Mackenzie - Singapore
- Global Coal Blending Company Limited - Australia
- Economic Council, Georgia
- Holcim Trading Pte Ltd - Singapore
- Coastal Gujarat Power Limited - India
- LBH Netherlands Bv - Netherlands
- MS Steel International - UAE
- Parry Sugars Refinery, India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Edison Trading Spa - Italy
- Cement Manufacturers Association - India
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- Renaissance Capital - South Africa
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- Therma Luzon, Inc, Philippines
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- Xindia Steels Limited - India
- Posco Energy - South Korea
- Gujarat Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Central Java Power - Indonesia
- The State Trading Corporation of India Ltd
- Kartika Selabumi Mining - Indonesia
- Mjunction Services Limited - India
- Medco Energi Mining Internasional
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- Mintek Dendrill Indonesia
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- Power Finance Corporation Ltd., India
- Dalmia Cement Bharat India
- Maharashtra Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Bharathi Cement Corporation - India
- Samtan Co., Ltd - South Korea
- Commonwealth Bank - Australia
- Toyota Tsusho Corporation, Japan
- Bhatia International Limited - India
- Mercuria Energy - Indonesia
- White Energy Company Limited
- Malabar Cements Ltd - India
- Sakthi Sugars Limited - India
- McConnell Dowell - Australia
- Coalindo Energy - Indonesia
- Minerals Council of Australia
- Altura Mining Limited, Indonesia
- Bangladesh Power Developement Board
- Australian Coal Association
- Africa Commodities Group - South Africa
- Parliament of New Zealand
- Riau Bara Harum - Indonesia
- Sree Jayajothi Cements Limited - India
- Timah Investasi Mineral - Indoneisa
- Standard Chartered Bank - UAE
- Thiess Contractors Indonesia
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- Trasteel International SA, Italy
- GVK Power & Infra Limited - India
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- Kohat Cement Company Ltd. - Pakistan
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- Eastern Coal Council - USA
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- International Coal Ventures Pvt Ltd - India
- Kumho Petrochemical, South Korea
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- The Treasury - Australian Government
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- Planning Commission, India
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- CNBM International Corporation - China
- Ambuja Cements Ltd - India
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- Gujarat Sidhee Cement - India
- San Jose City I Power Corp, Philippines
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- European Bulk Services B.V. - Netherlands
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- Simpson Spence & Young - Indonesia
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- Banpu Public Company Limited - Thailand
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- The University of Queensland
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- Australian Commodity Traders Exchange
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- Thai Mozambique Logistica
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- Price Waterhouse Coopers - Russia
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- Global Green Power PLC Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Ministry of Transport, Egypt
- Indian Energy Exchange, India
- Ministry of Mines - Canada
- Formosa Plastics Group - Taiwan
- IHS Mccloskey Coal Group - USA
- Bhoruka Overseas - Indonesia
- Gujarat Mineral Development Corp Ltd - India
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