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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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- Formosa Plastics Group - Taiwan
- Goldman Sachs - Singapore
- Malabar Cements Ltd - India
- Georgia Ports Authority, United States
- McConnell Dowell - Australia
- Anglo American - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Agrawal Coal Company - India
- Coal and Oil Company - UAE
- Interocean Group of Companies - India
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- Ceylon Electricity Board - Sri Lanka
- Chamber of Mines of South Africa
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- Samtan Co., Ltd - South Korea
- Medco Energi Mining Internasional
- Planning Commission, India
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- Renaissance Capital - South Africa
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- Petron Corporation, Philippines
- Tata Chemicals Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Mines - Canada
- Essar Steel Hazira Ltd - India
- Singapore Mercantile Exchange
- Kaltim Prima Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Carbofer General Trading SA - India
- Australian Coal Association
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- Bukit Baiduri Energy - Indonesia
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- Rashtriya Ispat Nigam Limited - India
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- CNBM International Corporation - China
- Kobexindo Tractors - Indoneisa
- Makarim & Taira - Indonesia
- Xindia Steels Limited - India
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- India Bulls Power Limited - India
- Parliament of New Zealand
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- Billiton Holdings Pty Ltd - Australia
- European Bulk Services B.V. - Netherlands
- Riau Bara Harum - Indonesia
- Bhushan Steel Limited - India
- Kalimantan Lumbung Energi - Indonesia
- The State Trading Corporation of India Ltd
- Central Electricity Authority - India
- Ind-Barath Power Infra Limited - India
- Australian Commodity Traders Exchange
- Coastal Gujarat Power Limited - India
- PNOC Exploration Corporation - Philippines
- Commonwealth Bank - Australia
- Karaikal Port Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Sarangani Energy Corporation, Philippines
- Indogreen Group - Indonesia
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- Metalloyd Limited - United Kingdom
- Tamil Nadu electricity Board
- Semirara Mining Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Wood Mackenzie - Singapore
- Miang Besar Coal Terminal - Indonesia
- New Zealand Coal & Carbon
- Bhatia International Limited - India
- LBH Netherlands Bv - Netherlands
- Dalmia Cement Bharat India
- Sindya Power Generating Company Private Ltd
- Independent Power Producers Association of India
- Gujarat Mineral Development Corp Ltd - India
- Star Paper Mills Limited - India
- CIMB Investment Bank - Malaysia
- Mercuria Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Ambuja Cements Ltd - India
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- London Commodity Brokers - England
- TNB Fuel Sdn Bhd - Malaysia
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- Neyveli Lignite Corporation Ltd, - India
- Romanian Commodities Exchange
- SN Aboitiz Power Inc, Philippines
- Wilmar Investment Holdings
- Port Waratah Coal Services - Australia
- Bahari Cakrawala Sebuku - Indonesia
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- ICICI Bank Limited - India
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- Economic Council, Georgia
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Intertek Mineral Services - Indonesia
- PowerSource Philippines DevCo
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- Sojitz Corporation - Japan
- Krishnapatnam Port Company Ltd. - India
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- SMC Global Power, Philippines
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- The University of Queensland
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- Eastern Energy - Thailand
- Meralco Power Generation, Philippines
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- Bharathi Cement Corporation - India
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- Energy Link Ltd, New Zealand
- Alfred C Toepfer International GmbH - Germany
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- Cement Manufacturers Association - India
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- Eastern Coal Council - USA
- Aditya Birla Group - India
- Aboitiz Power Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Electricity Generating Authority of Thailand
- Deloitte Consulting - India
- Ministry of Transport, Egypt
- Sree Jayajothi Cements Limited - India
- Indian Energy Exchange, India
- Posco Energy - South Korea
- Altura Mining Limited, Indonesia
- Orica Mining Services - Indonesia
- Indonesian Coal Mining Association
- Bulk Trading Sa - Switzerland
- Africa Commodities Group - South Africa
- MS Steel International - UAE
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