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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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- Tata Chemicals Ltd - India
- GMR Energy Limited - India
- GAC Shipping (India) Pvt Ltd
- Global Coal Blending Company Limited - Australia
- Vizag Seaport Private Limited - India
- Independent Power Producers Association of India
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- The University of Queensland
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- Eastern Coal Council - USA
- Kartika Selabumi Mining - Indonesia
- Interocean Group of Companies - India
- Ministry of Transport, Egypt
- Videocon Industries ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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- European Bulk Services B.V. - Netherlands
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
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- Coal and Oil Company - UAE
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- Singapore Mercantile Exchange
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- London Commodity Brokers - England
- Karaikal Port Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Sidhee Cement - India
- Therma Luzon, Inc, Philippines
- Altura Mining Limited, Indonesia
- VISA Power Limited - India
- IEA Clean Coal Centre - UK
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- Indogreen Group - Indonesia
- Indo Tambangraya Megah - Indonesia
- Port Waratah Coal Services - Australia
- Maheswari Brothers Coal Limited - India
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- Trasteel International SA, Italy
- Meenaskhi Energy Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Samtan Co., Ltd - South Korea
- Romanian Commodities Exchange
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- Heidelberg Cement - Germany
- Directorate General of MIneral and Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- MS Steel International - UAE
- CNBM International Corporation - China
- Coalindo Energy - Indonesia
- Carbofer General Trading SA - India
- McConnell Dowell - Australia
- Binh Thuan Hamico - Vietnam
- Attock Cement Pakistan Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ASAPP Information Group - India
- Sojitz Corporation - Japan
- Ministry of Finance - Indonesia
- Leighton Contractors Pty Ltd - Australia
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- Georgia Ports Authority, United States
- India Bulls Power Limited - India
- San Jose City I Power Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Posco Energy - South Korea
- Australian Coal Association
- Timah Investasi Mineral - Indoneisa
- Directorate Of Revenue Intelligence - India
- Renaissance Capital - South Africa
- PowerSource Philippines DevCo
- Bukit Asam (Persero) Tbk - Indonesia
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- Economic Council, Georgia
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- Star Paper Mills Limited - India
- Parliament of New Zealand
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- Makarim & Taira - Indonesia
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- OPG Power Generation Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
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- Electricity Generating Authority of Thailand
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- Baramulti Group, Indonesia
- Australian Commodity Traders Exchange
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- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Chettinad Cement Corporation Ltd - India
- Sakthi Sugars Limited - India
- Thai Mozambique Logistica
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- Kobexindo Tractors - Indoneisa
- Edison Trading Spa - Italy
- Meralco Power Generation, Philippines
- Latin American Coal - Colombia
- Merrill Lynch Commodities Europe
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- SN Aboitiz Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Goldman Sachs - Singapore
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- Thiess Contractors Indonesia
- Ministry of Mines - Canada
- Electricity Authority, New Zealand
- Kideco Jaya Agung - Indonesia
- Central Electricity Authority - India
- Minerals Council of Australia
- Ceylon Electricity Board - Sri Lanka
- Vijayanagar Sugar Pvt Ltd - India
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- Aboitiz Power Corporation - Philippines
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- Energy Link Ltd, New Zealand
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- SMC Global Power, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- The Treasury - Australian Government
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vedanta Resources Plc - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Energy - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Marubeni Corporation - India
- Larsen & Toubro Limited - India
- Kapuas Tunggal Persada - Indonesia
- White Energy Company Limited
- Deloitte Consulting - India
- Siam City Cement - Thailand
- Miang Besar Coal Terminal - Indonesia
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- Gujarat Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Maharashtra Electricity Regulatory Commission - India
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- Essar Steel Hazira Ltd - India
- Mjunction Services Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Indian Energy Exchange, India
- Bhoruka Overseas - Indonesia
- Savvy Resources Ltd - HongKong
- Chamber of Mines of South Africa
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