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Friday, 14 August 09
INDONESIA COAL-PRICES FALL TO $74, INDIA EYES SEPT CARGOES
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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- Billiton Holdings Pty Ltd - Australia
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- Eastern Coal Council - USA
- Posco Energy - South Korea
- Anglo American - United Kingdom
- PowerSource Philippines DevCo
- Petrochimia International Co. Ltd.- Taiwan
- ASAPP Information Group - India
- Meenaskhi Energy Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Indo Tambangraya Megah - Indonesia
- Samtan Co., Ltd - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Interocean Group of Companies - India
- Metalloyd Limited - United Kingdom
- The University of Queensland
- ICICI Bank Limited - India
- OPG Power Generation Pvt Ltd - India
- Heidelberg Cement - Germany
- Indika Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Attock Cement Pakistan Limited
- International Coal Ventures Pvt Ltd - India
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- Minerals Council of Australia
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- Coalindo Energy - Indonesia
- Bhushan Steel Limited - India
- Bukit Makmur.PT - Indonesia
- Banpu Public Company Limited - Thailand
- Goldman Sachs - Singapore
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- VISA Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Kumho Petrochemical, South Korea
- Gujarat Sidhee Cement - India
- LBH Netherlands Bv - Netherlands
- SN Aboitiz Power Inc, Philippines
- Australian Coal Association
- Ambuja Cements Ltd - India
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- Ceylon Electricity Board - Sri Lanka
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- White Energy Company Limited
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- Intertek Mineral Services - Indonesia
- Australian Commodity Traders Exchange
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- CIMB Investment Bank - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- IHS Mccloskey Coal Group - USA
- Commonwealth Bank - Australia
- Globalindo Alam Lestari - Indonesia
- Price Waterhouse Coopers - Russia
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- Chamber of Mines of South Africa
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- Energy Development Corp, Philippines
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- San Jose City I Power Corp, Philippines
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- Makarim & Taira - Indonesia
- Indogreen Group - Indonesia
- Kideco Jaya Agung - Indonesia
- Merrill Lynch Commodities Europe
- MS Steel International - UAE
- Energy Link Ltd, New Zealand
- Singapore Mercantile Exchange
- Semirara Mining Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Chettinad Cement Corporation Ltd - India
- Orica Australia Pty. Ltd.
- Thiess Contractors Indonesia
- Standard Chartered Bank - UAE
- Leighton Contractors Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Sarangani Energy Corporation, Philippines
- Lanco Infratech Ltd - India
- Ministry of Transport, Egypt
- Coal and Oil Company - UAE
- Rio Tinto Coal - Australia
- Manunggal Multi Energi - Indonesia
- Planning Commission, India
- Edison Trading Spa - Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kaltim Prima Coal - Indonesia
- CNBM International Corporation - China
- Economic Council, Georgia
- Renaissance Capital - South Africa
- Toyota Tsusho Corporation, Japan
- Medco Energi Mining Internasional
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- Ministry of Finance - Indonesia
- Orica Mining Services - Indonesia
- Larsen & Toubro Limited - India
- European Bulk Services B.V. - Netherlands
- Mintek Dendrill Indonesia
- Siam City Cement PLC, Thailand
- Kepco SPC Power Corporation, Philippines
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- Maharashtra Electricity Regulatory Commission - India
- Ministry of Mines - Canada
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- Dalmia Cement Bharat India
- Global Coal Blending Company Limited - Australia
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- Trasteel International SA, Italy
- Electricity Authority, New Zealand
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- IEA Clean Coal Centre - UK
- Antam Resourcindo - Indonesia
- Mjunction Services Limited - India
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- Parliament of New Zealand
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- London Commodity Brokers - England
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- South Luzon Thermal Energy Corporation
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- Power Finance Corporation Ltd., India
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- Independent Power Producers Association of India
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- Indonesian Coal Mining Association
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- Kapuas Tunggal Persada - Indonesia
- Electricity Generating Authority of Thailand
- Carbofer General Trading SA - India
- Aditya Birla Group - India
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- Jaiprakash Power Ventures ltd
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