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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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- Iligan Light & Power Inc, Philippines
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- Chamber of Mines of South Africa
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- Sojitz Corporation - Japan
- Semirara Mining and Power Corporation, Philippines
- Medco Energi Mining Internasional
- Commonwealth Bank - Australia
- Electricity Authority, New Zealand
- Manunggal Multi Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Merrill Lynch Commodities Europe
- The University of Queensland
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- The Treasury - Australian Government
- Central Electricity Authority - India
- Sinarmas Energy and Mining - Indonesia
- Altura Mining Limited, Indonesia
- Straits Asia Resources Limited - Singapore
- Deloitte Consulting - India
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- Videocon Industries ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Port Waratah Coal Services - Australia
- Barasentosa Lestari - Indonesia
- SMG Consultants - Indonesia
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- Energy Link Ltd, New Zealand
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- Coalindo Energy - Indonesia
- New Zealand Coal & Carbon
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- Bahari Cakrawala Sebuku - Indonesia
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- Metalloyd Limited - United Kingdom
- Mjunction Services Limited - India
- Agrawal Coal Company - India
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- Jindal Steel & Power Ltd - India
- Price Waterhouse Coopers - Russia
- Dalmia Cement Bharat India
- Kartika Selabumi Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Planning Commission, India
- Carbofer General Trading SA - India
- Vedanta Resources Plc - India
- Simpson Spence & Young - Indonesia
- GVK Power & Infra Limited - India
- Samtan Co., Ltd - South Korea
- Bangladesh Power Developement Board
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- ICICI Bank Limited - India
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- Africa Commodities Group - South Africa
- Interocean Group of Companies - India
- Romanian Commodities Exchange
- Indogreen Group - Indonesia
- Latin American Coal - Colombia
- Trasteel International SA, Italy
- Sical Logistics Limited - India
- Goldman Sachs - Singapore
- Economic Council, Georgia
- MS Steel International - UAE
- Mintek Dendrill Indonesia
- Kobexindo Tractors - Indoneisa
- Sakthi Sugars Limited - India
- LBH Netherlands Bv - Netherlands
- Thai Mozambique Logistica
- Tamil Nadu electricity Board
- Timah Investasi Mineral - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- Global Coal Blending Company Limited - Australia
- Petron Corporation, Philippines
- Wilmar Investment Holdings
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- Ministry of Finance - Indonesia
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- Bhoruka Overseas - Indonesia
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- Anglo American - United Kingdom
- Global Business Power Corporation, Philippines
- Borneo Indobara - Indonesia
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- Kumho Petrochemical, South Korea
- Kalimantan Lumbung Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Transport, Egypt
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- Australian Coal Association
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- Bhatia International Limited - India
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- Eastern Coal Council - USA
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- Bulk Trading Sa - Switzerland
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- Indonesian Coal Mining Association
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- Larsen & Toubro Limited - India
- Attock Cement Pakistan Limited
- Alfred C Toepfer International GmbH - Germany
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- Renaissance Capital - South Africa
- Madhucon Powers Ltd - India
- IEA Clean Coal Centre - UK
- Miang Besar Coal Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vizag Seaport Private Limited - India
- Cement Manufacturers Association - India
- Power Finance Corporation Ltd., India
- Orica Australia Pty. Ltd.
- Binh Thuan Hamico - Vietnam
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- Standard Chartered Bank - UAE
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- Cigading International Bulk Terminal - Indonesia
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- Electricity Generating Authority of Thailand
- The State Trading Corporation of India Ltd
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- Singapore Mercantile Exchange
- Gujarat Mineral Development Corp Ltd - India
- London Commodity Brokers - England
- Neyveli Lignite Corporation Ltd, - India
- India Bulls Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Wood Mackenzie - Singapore
- Banpu Public Company Limited - Thailand
- Meralco Power Generation, Philippines
- White Energy Company Limited
- IHS Mccloskey Coal Group - USA
- Parliament of New Zealand
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- Intertek Mineral Services - Indonesia
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