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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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- Maharashtra Electricity Regulatory Commission - India
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- Indian Oil Corporation Limited
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- Australian Coal Association
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- Globalindo Alam Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Kohat Cement Company Ltd. - Pakistan
- CIMB Investment Bank - Malaysia
- Energy Link Ltd, New Zealand
- Global Green Power PLC Corporation, Philippines
- Grasim Industreis Ltd - India
- Wilmar Investment Holdings
- Standard Chartered Bank - UAE
- Kumho Petrochemical, South Korea
- Renaissance Capital - South Africa
- Coal and Oil Company - UAE
- Siam City Cement - Thailand
- Ambuja Cements Ltd - India
- Larsen & Toubro Limited - India
- Eastern Energy - Thailand
- Australian Commodity Traders Exchange
- Sojitz Corporation - Japan
- Vijayanagar Sugar Pvt Ltd - India
- Economic Council, Georgia
- AsiaOL BioFuels Corp., Philippines
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- Altura Mining Limited, Indonesia
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- Toyota Tsusho Corporation, Japan
- Sical Logistics Limited - India
- Ind-Barath Power Infra Limited - India
- Xindia Steels Limited - India
- Deloitte Consulting - India
- Independent Power Producers Association of India
- Sarangani Energy Corporation, Philippines
- Uttam Galva Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Agrawal Coal Company - India
- Cigading International Bulk Terminal - Indonesia
- Singapore Mercantile Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wood Mackenzie - Singapore
- Intertek Mineral Services - Indonesia
- Indonesian Coal Mining Association
- Bhoruka Overseas - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Trasteel International SA, Italy
- Chamber of Mines of South Africa
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tata Chemicals Ltd - India
- Bulk Trading Sa - Switzerland
- Lanco Infratech Ltd - India
- South Luzon Thermal Energy Corporation
- Interocean Group of Companies - India
- Ministry of Transport, Egypt
- Parliament of New Zealand
- Karbindo Abesyapradhi - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- International Coal Ventures Pvt Ltd - India
- Coalindo Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Kaltim Prima Coal - Indonesia
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- Thai Mozambique Logistica
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- Bukit Asam (Persero) Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Neyveli Lignite Corporation Ltd, - India
- Medco Energi Mining Internasional
- MS Steel International - UAE
- Leighton Contractors Pty Ltd - Australia
- Minerals Council of Australia
- TNB Fuel Sdn Bhd - Malaysia
- Vedanta Resources Plc - India
- PTC India Limited - India
- Sakthi Sugars Limited - India
- Mercator Lines Limited - India
- Mjunction Services Limited - India
- Tamil Nadu electricity Board
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
- Rio Tinto Coal - Australia
- The State Trading Corporation of India Ltd
- Iligan Light & Power Inc, Philippines
- Indogreen Group - Indonesia
- Thiess Contractors Indonesia
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- IEA Clean Coal Centre - UK
- London Commodity Brokers - England
- Petrochimia International Co. Ltd.- Taiwan
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- Electricity Authority, New Zealand
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- Semirara Mining Corp, Philippines
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- LBH Netherlands Bv - Netherlands
- Kepco SPC Power Corporation, Philippines
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- European Bulk Services B.V. - Netherlands
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- Directorate General of MIneral and Coal - Indonesia
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- Planning Commission, India
- Electricity Generating Authority of Thailand
- Dalmia Cement Bharat India
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- Eastern Coal Council - USA
- Bahari Cakrawala Sebuku - Indonesia
- Merrill Lynch Commodities Europe
- PowerSource Philippines DevCo
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- Orica Australia Pty. Ltd.
- Attock Cement Pakistan Limited
- SMC Global Power, Philippines
- Madhucon Powers Ltd - India
- PNOC Exploration Corporation - Philippines
- Therma Luzon, Inc, Philippines
- McConnell Dowell - Australia
- Simpson Spence & Young - Indonesia
- Africa Commodities Group - South Africa
- Ministry of Mines - Canada
- Borneo Indobara - Indonesia
- Edison Trading Spa - Italy
- Carbofer General Trading SA - India
- Asmin Koalindo Tuhup - Indonesia
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- Ministry of Finance - Indonesia
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- Indian Energy Exchange, India
- Savvy Resources Ltd - HongKong
- New Zealand Coal & Carbon
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- Samtan Co., Ltd - South Korea
- Global Coal Blending Company Limited - Australia
- GMR Energy Limited - India
- IHS Mccloskey Coal Group - USA
- The University of Queensland
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- ICICI Bank Limited - India
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- Straits Asia Resources Limited - Singapore
- Romanian Commodities Exchange
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- Siam City Cement PLC, Thailand
- Aboitiz Power Corporation - Philippines
- Petron Corporation, Philippines
- Formosa Plastics Group - Taiwan
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