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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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- Rashtriya Ispat Nigam Limited - India
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- Independent Power Producers Association of India
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Aditya Birla Group - India
- Holcim Trading Pte Ltd - Singapore
- Kalimantan Lumbung Energi - Indonesia
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- Orica Mining Services - Indonesia
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- CNBM International Corporation - China
- Trasteel International SA, Italy
- Cigading International Bulk Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
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- London Commodity Brokers - England
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- Bukit Makmur.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Coalindo Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Standard Chartered Bank - UAE
- IHS Mccloskey Coal Group - USA
- Jorong Barutama Greston.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Meralco Power Generation, Philippines
- Ministry of Mines - Canada
- OPG Power Generation Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- Malabar Cements Ltd - India
- The State Trading Corporation of India Ltd
- Mercuria Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Petron Corporation, Philippines
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- Singapore Mercantile Exchange
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- Ministry of Finance - Indonesia
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- Heidelberg Cement - Germany
- European Bulk Services B.V. - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- Merrill Lynch Commodities Europe
- Tamil Nadu electricity Board
- Edison Trading Spa - Italy
- Kohat Cement Company Ltd. - Pakistan
- Ambuja Cements Ltd - India
- Minerals Council of Australia
- Binh Thuan Hamico - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Power Finance Corporation Ltd., India
- Jaiprakash Power Ventures ltd
- Bangladesh Power Developement Board
- Cement Manufacturers Association - India
- The Treasury - Australian Government
- GAC Shipping (India) Pvt Ltd
- Grasim Industreis Ltd - India
- Coal and Oil Company - UAE
- Indika Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Gujarat Sidhee Cement - India
- Indogreen Group - Indonesia
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- Wilmar Investment Holdings
- International Coal Ventures Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Energy Development Corp, Philippines
- Vizag Seaport Private Limited - India
- Marubeni Corporation - India
- Aboitiz Power Corporation - Philippines
- Mintek Dendrill Indonesia
- Attock Cement Pakistan Limited
- Chamber of Mines of South Africa
- Australian Coal Association
- CIMB Investment Bank - Malaysia
- SMC Global Power, Philippines
- Renaissance Capital - South Africa
- Kumho Petrochemical, South Korea
- McConnell Dowell - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Simpson Spence & Young - Indonesia
- Africa Commodities Group - South Africa
- Barasentosa Lestari - Indonesia
- Eastern Coal Council - USA
- Sree Jayajothi Cements Limited - India
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- Bhoruka Overseas - Indonesia
- Borneo Indobara - Indonesia
- LBH Netherlands Bv - Netherlands
- ICICI Bank Limited - India
- Goldman Sachs - Singapore
- Toyota Tsusho Corporation, Japan
- Leighton Contractors Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Indo Tambangraya Megah - Indonesia
- Agrawal Coal Company - India
- Bulk Trading Sa - Switzerland
- Indonesian Coal Mining Association
- Meenaskhi Energy Private Limited - India
- Commonwealth Bank - Australia
- VISA Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
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- Rio Tinto Coal - Australia
- Bhatia International Limited - India
- Global Coal Blending Company Limited - Australia
- Deloitte Consulting - India
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- PowerSource Philippines DevCo
- Jindal Steel & Power Ltd - India
- Formosa Plastics Group - Taiwan
- Directorate Of Revenue Intelligence - India
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- PTC India Limited - India
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- Xindia Steels Limited - India
- Parliament of New Zealand
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- Interocean Group of Companies - India
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- TNB Fuel Sdn Bhd - Malaysia
- White Energy Company Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Samtan Co., Ltd - South Korea
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- Kapuas Tunggal Persada - Indonesia
- Tata Chemicals Ltd - India
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- Alfred C Toepfer International GmbH - Germany
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- Indian Energy Exchange, India
- Indian Oil Corporation Limited
- Karbindo Abesyapradhi - Indoneisa
- Videocon Industries ltd - India
- GMR Energy Limited - India
- Electricity Authority, New Zealand
- SMG Consultants - Indonesia
- Straits Asia Resources Limited - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Commodity Traders Exchange
- IEA Clean Coal Centre - UK
- Directorate General of MIneral and Coal - Indonesia
- Mjunction Services Limited - India
- Vedanta Resources Plc - India
- Miang Besar Coal Terminal - Indonesia
- Economic Council, Georgia
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