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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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- Sree Jayajothi Cements Limited - India
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- Electricity Authority, New Zealand
- Makarim & Taira - Indonesia
- London Commodity Brokers - England
- Chamber of Mines of South Africa
- Bhoruka Overseas - Indonesia
- Global Business Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Holcim Trading Pte Ltd - Singapore
- Central Java Power - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Sinarmas Energy and Mining - Indonesia
- Ministry of Finance - Indonesia
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- South Luzon Thermal Energy Corporation
- Ministry of Transport, Egypt
- The Treasury - Australian Government
- Vedanta Resources Plc - India
- Indian Oil Corporation Limited
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- Krishnapatnam Port Company Ltd. - India
- GMR Energy Limited - India
- Economic Council, Georgia
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- Wood Mackenzie - Singapore
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- Metalloyd Limited - United Kingdom
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- Vijayanagar Sugar Pvt Ltd - India
- Indian Energy Exchange, India
- Jindal Steel & Power Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Kohat Cement Company Ltd. - Pakistan
- Sakthi Sugars Limited - India
- Posco Energy - South Korea
- Romanian Commodities Exchange
- Edison Trading Spa - Italy
- Kapuas Tunggal Persada - Indonesia
- Star Paper Mills Limited - India
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- Semirara Mining Corp, Philippines
- Goldman Sachs - Singapore
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- New Zealand Coal & Carbon
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- Gujarat Electricity Regulatory Commission - India
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- Ministry of Mines - Canada
- ICICI Bank Limited - India
- Samtan Co., Ltd - South Korea
- Pendopo Energi Batubara - Indonesia
- Port Waratah Coal Services - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- International Coal Ventures Pvt Ltd - India
- Baramulti Group, Indonesia
- Formosa Plastics Group - Taiwan
- Bukit Baiduri Energy - Indonesia
- Essar Steel Hazira Ltd - India
- CIMB Investment Bank - Malaysia
- ASAPP Information Group - India
- San Jose City I Power Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Energy Link Ltd, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Videocon Industries ltd - India
- Eastern Coal Council - USA
- Kaltim Prima Coal - Indonesia
- Siam City Cement - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Tamil Nadu electricity Board
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- Riau Bara Harum - Indonesia
- Global Coal Blending Company Limited - Australia
- Savvy Resources Ltd - HongKong
- Rio Tinto Coal - Australia
- OPG Power Generation Pvt Ltd - India
- Central Electricity Authority - India
- SMC Global Power, Philippines
- Xindia Steels Limited - India
- Grasim Industreis Ltd - India
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- Deloitte Consulting - India
- Barasentosa Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
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- Carbofer General Trading SA - India
- Altura Mining Limited, Indonesia
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- Kumho Petrochemical, South Korea
- Bayan Resources Tbk. - Indonesia
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- Petrochimia International Co. Ltd.- Taiwan
- Sindya Power Generating Company Private Ltd
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- Mercator Lines Limited - India
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- Parry Sugars Refinery, India
- Coalindo Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Parliament of New Zealand
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- SN Aboitiz Power Inc, Philippines
- VISA Power Limited - India
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- Australian Commodity Traders Exchange
- Tata Chemicals Ltd - India
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- GAC Shipping (India) Pvt Ltd
- Power Finance Corporation Ltd., India
- Karbindo Abesyapradhi - Indoneisa
- Minerals Council of Australia
- Interocean Group of Companies - India
- Standard Chartered Bank - UAE
- Sarangani Energy Corporation, Philippines
- Merrill Lynch Commodities Europe
- Binh Thuan Hamico - Vietnam
- Coal and Oil Company - UAE
- Asmin Koalindo Tuhup - Indonesia
- Coastal Gujarat Power Limited - India
- Sojitz Corporation - Japan
- Thai Mozambique Logistica
- Orica Australia Pty. Ltd.
- Electricity Generating Authority of Thailand
- Meralco Power Generation, Philippines
- Mjunction Services Limited - India
- Bukit Makmur.PT - Indonesia
- Indonesian Coal Mining Association
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- Singapore Mercantile Exchange
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- Mintek Dendrill Indonesia
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- Sical Logistics Limited - India
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- Planning Commission, India
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- Bulk Trading Sa - Switzerland
- Orica Mining Services - Indonesia
- Georgia Ports Authority, United States
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Coal Association
- India Bulls Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indogreen Group - Indonesia
- Agrawal Coal Company - India
- Bukit Asam (Persero) Tbk - Indonesia
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- Independent Power Producers Association of India
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