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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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- Gujarat Sidhee Cement - India
- Indika Energy - Indonesia
- Global Business Power Corporation, Philippines
- CNBM International Corporation - China
- Asmin Koalindo Tuhup - Indonesia
- Orica Mining Services - Indonesia
- SN Aboitiz Power Inc, Philippines
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- London Commodity Brokers - England
- India Bulls Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Meenaskhi Energy Private Limited - India
- Sical Logistics Limited - India
- The University of Queensland
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- Sojitz Corporation - Japan
- SMG Consultants - Indonesia
- Essar Steel Hazira Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Anglo American - United Kingdom
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- Salva Resources Pvt Ltd - India
- Romanian Commodities Exchange
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- Petron Corporation, Philippines
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- MS Steel International - UAE
- Gujarat Mineral Development Corp Ltd - India
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- Standard Chartered Bank - UAE
- Bahari Cakrawala Sebuku - Indonesia
- ASAPP Information Group - India
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- Africa Commodities Group - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Transport, Egypt
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Makarim & Taira - Indonesia
- Riau Bara Harum - Indonesia
- Central Electricity Authority - India
- Deloitte Consulting - India
- Australian Commodity Traders Exchange
- Eastern Coal Council - USA
- Carbofer General Trading SA - India
- PNOC Exploration Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- McConnell Dowell - Australia
- Central Java Power - Indonesia
- Eastern Energy - Thailand
- Miang Besar Coal Terminal - Indonesia
- Bangladesh Power Developement Board
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- Banpu Public Company Limited - Thailand
- Rio Tinto Coal - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PTC India Limited - India
- Sakthi Sugars Limited - India
- Indian Oil Corporation Limited
- European Bulk Services B.V. - Netherlands
- TeaM Sual Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sinarmas Energy and Mining - Indonesia
- IEA Clean Coal Centre - UK
- Trasteel International SA, Italy
- Metalloyd Limited - United Kingdom
- Bhoruka Overseas - Indonesia
- Siam City Cement PLC, Thailand
- Goldman Sachs - Singapore
- Dalmia Cement Bharat India
- Ind-Barath Power Infra Limited - India
- Sarangani Energy Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Independent Power Producers Association of India
- San Jose City I Power Corp, Philippines
- Energy Development Corp, Philippines
- Uttam Galva Steels Limited - India
- Ministry of Mines - Canada
- The Treasury - Australian Government
- Tata Chemicals Ltd - India
- Marubeni Corporation - India
- Bhatia International Limited - India
- Merrill Lynch Commodities Europe
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- Planning Commission, India
- Indogreen Group - Indonesia
- Videocon Industries ltd - India
- Commonwealth Bank - Australia
- Simpson Spence & Young - Indonesia
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- Intertek Mineral Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Ministry of Finance - Indonesia
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- Antam Resourcindo - Indonesia
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- Directorate Of Revenue Intelligence - India
- Cement Manufacturers Association - India
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- Directorate General of MIneral and Coal - Indonesia
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- Coal and Oil Company - UAE
- Parry Sugars Refinery, India
- Economic Council, Georgia
- AsiaOL BioFuels Corp., Philippines
- Indonesian Coal Mining Association
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- Offshore Bulk Terminal Pte Ltd, Singapore
- IHS Mccloskey Coal Group - USA
- Holcim Trading Pte Ltd - Singapore
- Global Coal Blending Company Limited - Australia
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- PowerSource Philippines DevCo
- Edison Trading Spa - Italy
- Rashtriya Ispat Nigam Limited - India
- Altura Mining Limited, Indonesia
- GVK Power & Infra Limited - India
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- GAC Shipping (India) Pvt Ltd
- Power Finance Corporation Ltd., India
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- Kepco SPC Power Corporation, Philippines
- Parliament of New Zealand
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- Tamil Nadu electricity Board
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- South Luzon Thermal Energy Corporation
- Singapore Mercantile Exchange
- Australian Coal Association
- Energy Link Ltd, New Zealand
- LBH Netherlands Bv - Netherlands
- Mintek Dendrill Indonesia
- Wilmar Investment Holdings
- Chamber of Mines of South Africa
- Electricity Authority, New Zealand
- Toyota Tsusho Corporation, Japan
- White Energy Company Limited
- CIMB Investment Bank - Malaysia
- Minerals Council of Australia
- VISA Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Thiess Contractors Indonesia
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- Leighton Contractors Pty Ltd - Australia
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