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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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- Global Green Power PLC Corporation, Philippines
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- Coastal Gujarat Power Limited - India
- Planning Commission, India
- San Jose City I Power Corp, Philippines
- Africa Commodities Group - South Africa
- Maheswari Brothers Coal Limited - India
- Essar Steel Hazira Ltd - India
- Eastern Coal Council - USA
- GMR Energy Limited - India
- Mercuria Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Directorate Of Revenue Intelligence - India
- Globalindo Alam Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- White Energy Company Limited
- Electricity Authority, New Zealand
- Therma Luzon, Inc, Philippines
- Energy Development Corp, Philippines
- Simpson Spence & Young - Indonesia
- Indogreen Group - Indonesia
- Thai Mozambique Logistica
- Merrill Lynch Commodities Europe
- Ministry of Mines - Canada
- Interocean Group of Companies - India
- Sojitz Corporation - Japan
- Bulk Trading Sa - Switzerland
- Sree Jayajothi Cements Limited - India
- Price Waterhouse Coopers - Russia
- Orica Australia Pty. Ltd.
- Rio Tinto Coal - Australia
- Kobexindo Tractors - Indoneisa
- The State Trading Corporation of India Ltd
- Minerals Council of Australia
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- SN Aboitiz Power Inc, Philippines
- Indian Oil Corporation Limited
- The Treasury - Australian Government
- Gujarat Electricity Regulatory Commission - India
- The University of Queensland
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- Holcim Trading Pte Ltd - Singapore
- Salva Resources Pvt Ltd - India
- Lanco Infratech Ltd - India
- Tata Chemicals Ltd - India
- Barasentosa Lestari - Indonesia
- Standard Chartered Bank - UAE
- Pendopo Energi Batubara - Indonesia
- Ministry of Finance - Indonesia
- Sakthi Sugars Limited - India
- Billiton Holdings Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Straits Asia Resources Limited - Singapore
- Ministry of Transport, Egypt
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- South Luzon Thermal Energy Corporation
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- Jaiprakash Power Ventures ltd
- Gujarat Sidhee Cement - India
- Port Waratah Coal Services - Australia
- GVK Power & Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Altura Mining Limited, Indonesia
- Sical Logistics Limited - India
- Rashtriya Ispat Nigam Limited - India
- Carbofer General Trading SA - India
- Indo Tambangraya Megah - Indonesia
- Mintek Dendrill Indonesia
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- Coalindo Energy - Indonesia
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- Madhucon Powers Ltd - India
- Electricity Generating Authority of Thailand
- IHS Mccloskey Coal Group - USA
- Coal and Oil Company - UAE
- Metalloyd Limited - United Kingdom
- Georgia Ports Authority, United States
- Directorate General of MIneral and Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Anglo American - United Kingdom
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- Meralco Power Generation, Philippines
- ICICI Bank Limited - India
- Uttam Galva Steels Limited - India
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- SMG Consultants - Indonesia
- International Coal Ventures Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- McConnell Dowell - Australia
- European Bulk Services B.V. - Netherlands
- Chettinad Cement Corporation Ltd - India
- Singapore Mercantile Exchange
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- MS Steel International - UAE
- Australian Coal Association
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- Orica Mining Services - Indonesia
- Bhoruka Overseas - Indonesia
- Dalmia Cement Bharat India
- TNB Fuel Sdn Bhd - Malaysia
- Asmin Koalindo Tuhup - Indonesia
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- Deloitte Consulting - India
- Renaissance Capital - South Africa
- PNOC Exploration Corporation - Philippines
- ASAPP Information Group - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Commonwealth Bank - Australia
- Siam City Cement - Thailand
- AsiaOL BioFuels Corp., Philippines
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- Indian Energy Exchange, India
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- Global Coal Blending Company Limited - Australia
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- Australian Commodity Traders Exchange
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- PTC India Limited - India
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- Cigading International Bulk Terminal - Indonesia
- Edison Trading Spa - Italy
- Aditya Birla Group - India
- Karbindo Abesyapradhi - Indoneisa
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- Ceylon Electricity Board - Sri Lanka
- Eastern Energy - Thailand
- Ambuja Cements Ltd - India
- India Bulls Power Limited - India
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- Binh Thuan Hamico - Vietnam
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- Parliament of New Zealand
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- Independent Power Producers Association of India
- Parry Sugars Refinery, India
- Indonesian Coal Mining Association
- Energy Link Ltd, New Zealand
- Posco Energy - South Korea
- GAC Shipping (India) Pvt Ltd
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- London Commodity Brokers - England
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- Samtan Co., Ltd - South Korea
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- Medco Energi Mining Internasional
- Central Electricity Authority - India
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- Chamber of Mines of South Africa
- Goldman Sachs - Singapore
- IEA Clean Coal Centre - UK
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- Neyveli Lignite Corporation Ltd, - India
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