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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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- Kohat Cement Company Ltd. - Pakistan
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- Bukit Asam (Persero) Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Indian Energy Exchange, India
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- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Minerals Council of Australia
- Antam Resourcindo - Indonesia
- Chamber of Mines of South Africa
- Interocean Group of Companies - India
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Jorong Barutama Greston.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Renaissance Capital - South Africa
- Standard Chartered Bank - UAE
- Price Waterhouse Coopers - Russia
- SMG Consultants - Indonesia
- Bangladesh Power Developement Board
- CNBM International Corporation - China
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- VISA Power Limited - India
- Energy Link Ltd, New Zealand
- Planning Commission, India
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- Mercator Lines Limited - India
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- Bhushan Steel Limited - India
- Aboitiz Power Corporation - Philippines
- Electricity Authority, New Zealand
- PowerSource Philippines DevCo
- Bulk Trading Sa - Switzerland
- CIMB Investment Bank - Malaysia
- Merrill Lynch Commodities Europe
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- Sical Logistics Limited - India
- Kartika Selabumi Mining - Indonesia
- Georgia Ports Authority, United States
- Bhatia International Limited - India
- Coalindo Energy - Indonesia
- Central Electricity Authority - India
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- Barasentosa Lestari - Indonesia
- The State Trading Corporation of India Ltd
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- Globalindo Alam Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
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- Deloitte Consulting - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Heidelberg Cement - Germany
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- Global Business Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kaltim Prima Coal - Indonesia
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- London Commodity Brokers - England
- Semirara Mining Corp, Philippines
- Therma Luzon, Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Port Waratah Coal Services - Australia
- Medco Energi Mining Internasional
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- PTC India Limited - India
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- OPG Power Generation Pvt Ltd - India
- Tamil Nadu electricity Board
- IEA Clean Coal Centre - UK
- Independent Power Producers Association of India
- McConnell Dowell - Australia
- Directorate Of Revenue Intelligence - India
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- Indonesian Coal Mining Association
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- Coastal Gujarat Power Limited - India
- Manunggal Multi Energi - Indonesia
- Global Coal Blending Company Limited - Australia
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- Kumho Petrochemical, South Korea
- Goldman Sachs - Singapore
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- Xindia Steels Limited - India
- SMC Global Power, Philippines
- ICICI Bank Limited - India
- Attock Cement Pakistan Limited
- MS Steel International - UAE
- Maheswari Brothers Coal Limited - India
- Economic Council, Georgia
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Coal Council - USA
- The University of Queensland
- Formosa Plastics Group - Taiwan
- TeaM Sual Corporation - Philippines
- Uttam Galva Steels Limited - India
- White Energy Company Limited
- Timah Investasi Mineral - Indoneisa
- Intertek Mineral Services - Indonesia
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- Metalloyd Limited - United Kingdom
- Wood Mackenzie - Singapore
- Meralco Power Generation, Philippines
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- Electricity Generating Authority of Thailand
- Indogreen Group - Indonesia
- Cement Manufacturers Association - India
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- Parliament of New Zealand
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- Bhoruka Overseas - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Indian Oil Corporation Limited
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- Eastern Energy - Thailand
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- IHS Mccloskey Coal Group - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Alfred C Toepfer International GmbH - Germany
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