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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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- Africa Commodities Group - South Africa
- Samtan Co., Ltd - South Korea
- Globalindo Alam Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Economic Council, Georgia
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- Eastern Energy - Thailand
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- Gujarat Electricity Regulatory Commission - India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Baramulti Group, Indonesia
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- SMC Global Power, Philippines
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- Bulk Trading Sa - Switzerland
- Parliament of New Zealand
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- Sojitz Corporation - Japan
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Electricity Authority - India
- Indonesian Coal Mining Association
- McConnell Dowell - Australia
- IHS Mccloskey Coal Group - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The Treasury - Australian Government
- LBH Netherlands Bv - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Star Paper Mills Limited - India
- Ind-Barath Power Infra Limited - India
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- Dalmia Cement Bharat India
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- VISA Power Limited - India
- PowerSource Philippines DevCo
- Energy Development Corp, Philippines
- PTC India Limited - India
- Price Waterhouse Coopers - Russia
- Indika Energy - Indonesia
- Indian Energy Exchange, India
- Singapore Mercantile Exchange
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- New Zealand Coal & Carbon
- Indogreen Group - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
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- Australian Commodity Traders Exchange
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- Metalloyd Limited - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Australian Coal Association
- Cigading International Bulk Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- Aditya Birla Group - India
- London Commodity Brokers - England
- Latin American Coal - Colombia
- IEA Clean Coal Centre - UK
- Jaiprakash Power Ventures ltd
- Edison Trading Spa - Italy
- Attock Cement Pakistan Limited
- Goldman Sachs - Singapore
- Mjunction Services Limited - India
- Vedanta Resources Plc - India
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- GVK Power & Infra Limited - India
- Heidelberg Cement - Germany
- Commonwealth Bank - Australia
- Kapuas Tunggal Persada - Indonesia
- Global Coal Blending Company Limited - Australia
- Pendopo Energi Batubara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Binh Thuan Hamico - Vietnam
- Interocean Group of Companies - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sree Jayajothi Cements Limited - India
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- Siam City Cement PLC, Thailand
- Agrawal Coal Company - India
- Antam Resourcindo - Indonesia
- Sarangani Energy Corporation, Philippines
- Mercuria Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Madhucon Powers Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Mineral Development Corp Ltd - India
- Parry Sugars Refinery, India
- Ministry of Mines - Canada
- Coalindo Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Minerals Council of Australia
- Directorate Of Revenue Intelligence - India
- Indian Oil Corporation Limited
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- Meralco Power Generation, Philippines
- Bhatia International Limited - India
- International Coal Ventures Pvt Ltd - India
- Altura Mining Limited, Indonesia
- The University of Queensland
- Power Finance Corporation Ltd., India
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- Pipit Mutiara Jaya. PT, Indonesia
- Merrill Lynch Commodities Europe
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- Wood Mackenzie - Singapore
- Georgia Ports Authority, United States
- Posco Energy - South Korea
- Kobexindo Tractors - Indoneisa
- Tamil Nadu electricity Board
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- Chamber of Mines of South Africa
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- Mintek Dendrill Indonesia
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- Energy Link Ltd, New Zealand
- Iligan Light & Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
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- Directorate General of MIneral and Coal - Indonesia
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- Trasteel International SA, Italy
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