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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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- Bukit Makmur.PT - Indonesia
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- Kohat Cement Company Ltd. - Pakistan
- Renaissance Capital - South Africa
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- Planning Commission, India
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- Trasteel International SA, Italy
- GMR Energy Limited - India
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- Standard Chartered Bank - UAE
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- Leighton Contractors Pty Ltd - Australia
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- Kepco SPC Power Corporation, Philippines
- SMC Global Power, Philippines
- Agrawal Coal Company - India
- Aditya Birla Group - India
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- Antam Resourcindo - Indonesia
- White Energy Company Limited
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- Siam City Cement - Thailand
- Global Business Power Corporation, Philippines
- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
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- Sojitz Corporation - Japan
- Manunggal Multi Energi - Indonesia
- Economic Council, Georgia
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- IHS Mccloskey Coal Group - USA
- Intertek Mineral Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Larsen & Toubro Limited - India
- PNOC Exploration Corporation - Philippines
- Cement Manufacturers Association - India
- Edison Trading Spa - Italy
- Maheswari Brothers Coal Limited - India
- Electricity Authority, New Zealand
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- New Zealand Coal & Carbon
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- Deloitte Consulting - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Therma Luzon, Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Electricity Generating Authority of Thailand
- Marubeni Corporation - India
- Bulk Trading Sa - Switzerland
- Bahari Cakrawala Sebuku - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Posco Energy - South Korea
- Iligan Light & Power Inc, Philippines
- Madhucon Powers Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Commonwealth Bank - Australia
- Videocon Industries ltd - India
- Thiess Contractors Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kartika Selabumi Mining - Indonesia
- London Commodity Brokers - England
- VISA Power Limited - India
- Lanco Infratech Ltd - India
- Indonesian Coal Mining Association
- Gujarat Sidhee Cement - India
- ASAPP Information Group - India
- PTC India Limited - India
- Georgia Ports Authority, United States
- Wood Mackenzie - Singapore
- Coastal Gujarat Power Limited - India
- GVK Power & Infra Limited - India
- Bharathi Cement Corporation - India
- Metalloyd Limited - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- Samtan Co., Ltd - South Korea
- Semirara Mining Corp, Philippines
- Barasentosa Lestari - Indonesia
- Uttam Galva Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- PowerSource Philippines DevCo
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- Sree Jayajothi Cements Limited - India
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- Baramulti Group, Indonesia
- Banpu Public Company Limited - Thailand
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- Indian Energy Exchange, India
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- Power Finance Corporation Ltd., India
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- The University of Queensland
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- Ministry of Finance - Indonesia
- Toyota Tsusho Corporation, Japan
- Goldman Sachs - Singapore
- Eastern Coal Council - USA
- Kalimantan Lumbung Energi - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Singapore Mercantile Exchange
- Sarangani Energy Corporation, Philippines
- Indika Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Sakthi Sugars Limited - India
- The State Trading Corporation of India Ltd
- Orica Australia Pty. Ltd.
- Attock Cement Pakistan Limited
- International Coal Ventures Pvt Ltd - India
- Sical Logistics Limited - India
- Bangladesh Power Developement Board
- Central Java Power - Indonesia
- Energy Link Ltd, New Zealand
- SMG Consultants - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Wilmar Investment Holdings
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- Meenaskhi Energy Private Limited - India
- India Bulls Power Limited - India
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- Simpson Spence & Young - Indonesia
- Romanian Commodities Exchange
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- Ministry of Transport, Egypt
- Vizag Seaport Private Limited - India
- Essar Steel Hazira Ltd - India
- McConnell Dowell - Australia
- Indogreen Group - Indonesia
- Tamil Nadu electricity Board
- Coalindo Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Xindia Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Mines - Canada
- Parliament of New Zealand
- Merrill Lynch Commodities Europe
- Global Coal Blending Company Limited - Australia
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- Minerals Council of Australia
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- Indian Oil Corporation Limited
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- Mintek Dendrill Indonesia
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- Jaiprakash Power Ventures ltd
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- MS Steel International - UAE
- Alfred C Toepfer International GmbH - Germany
- Dalmia Cement Bharat India
- Directorate General of MIneral and Coal - Indonesia
- IEA Clean Coal Centre - UK
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- Africa Commodities Group - South Africa
- Rio Tinto Coal - Australia
- Petron Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Port Waratah Coal Services - Australia
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