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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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- Xindia Steels Limited - India
- The University of Queensland
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- Merrill Lynch Commodities Europe
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- Coastal Gujarat Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Finance - Indonesia
- Wood Mackenzie - Singapore
- Eastern Energy - Thailand
- Gujarat Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- IEA Clean Coal Centre - UK
- CNBM International Corporation - China
- Jorong Barutama Greston.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Tamil Nadu electricity Board
- London Commodity Brokers - England
- Bhatia International Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Kobexindo Tractors - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Tata Chemicals Ltd - India
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- SN Aboitiz Power Inc, Philippines
- Chamber of Mines of South Africa
- Essar Steel Hazira Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Commonwealth Bank - Australia
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- Electricity Authority, New Zealand
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- Neyveli Lignite Corporation Ltd, - India
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- Bhoruka Overseas - Indonesia
- Latin American Coal - Colombia
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Indonesian Coal Mining Association
- Semirara Mining and Power Corporation, Philippines
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- McConnell Dowell - Australia
- Indian Oil Corporation Limited
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- Petron Corporation, Philippines
- Mercator Lines Limited - India
- Therma Luzon, Inc, Philippines
- Metalloyd Limited - United Kingdom
- Goldman Sachs - Singapore
- Meralco Power Generation, Philippines
- Edison Trading Spa - Italy
- The Treasury - Australian Government
- Siam City Cement - Thailand
- Vizag Seaport Private Limited - India
- South Luzon Thermal Energy Corporation
- European Bulk Services B.V. - Netherlands
- Wilmar Investment Holdings
- Thiess Contractors Indonesia
- Altura Mining Limited, Indonesia
- Planning Commission, India
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- Directorate Of Revenue Intelligence - India
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Energy Development Corp, Philippines
- Sindya Power Generating Company Private Ltd
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- Ind-Barath Power Infra Limited - India
- Independent Power Producers Association of India
- Parliament of New Zealand
- GVK Power & Infra Limited - India
- PTC India Limited - India
- SMG Consultants - Indonesia
- Global Coal Blending Company Limited - Australia
- Orica Mining Services - Indonesia
- Australian Commodity Traders Exchange
- Banpu Public Company Limited - Thailand
- Cement Manufacturers Association - India
- Directorate General of MIneral and Coal - Indonesia
- Singapore Mercantile Exchange
- Heidelberg Cement - Germany
- LBH Netherlands Bv - Netherlands
- Coalindo Energy - Indonesia
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- Ceylon Electricity Board - Sri Lanka
- Star Paper Mills Limited - India
- Marubeni Corporation - India
- Ministry of Mines - Canada
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- Sree Jayajothi Cements Limited - India
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- PowerSource Philippines DevCo
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- Australian Coal Association
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- Economic Council, Georgia
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- Makarim & Taira - Indonesia
- Videocon Industries ltd - India
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- Petrochimia International Co. Ltd.- Taiwan
- CIMB Investment Bank - Malaysia
- IHS Mccloskey Coal Group - USA
- Energy Link Ltd, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Thai Mozambique Logistica
- Price Waterhouse Coopers - Russia
- Globalindo Alam Lestari - Indonesia
- Bharathi Cement Corporation - India
- Port Waratah Coal Services - Australia
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- Billiton Holdings Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
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- Alfred C Toepfer International GmbH - Germany
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- Electricity Generating Authority of Thailand
- Indo Tambangraya Megah - Indonesia
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- ASAPP Information Group - India
- Orica Australia Pty. Ltd.
- Asmin Koalindo Tuhup - Indonesia
- Bangladesh Power Developement Board
- Sakthi Sugars Limited - India
- PetroVietnam Power Coal Import and Supply Company
- India Bulls Power Limited - India
- Africa Commodities Group - South Africa
- Minerals Council of Australia
- Romanian Commodities Exchange
- Maheswari Brothers Coal Limited - India
- Mintek Dendrill Indonesia
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- Ministry of Transport, Egypt
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