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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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- Salva Resources Pvt Ltd - India
- Coalindo Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Interocean Group of Companies - India
- LBH Netherlands Bv - Netherlands
- Star Paper Mills Limited - India
- London Commodity Brokers - England
- Oldendorff Carriers - Singapore
- VISA Power Limited - India
- Rio Tinto Coal - Australia
- Australian Coal Association
- Edison Trading Spa - Italy
- Directorate General of MIneral and Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Merrill Lynch Commodities Europe
- TeaM Sual Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Wood Mackenzie - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Parliament of New Zealand
- Antam Resourcindo - Indonesia
- Sindya Power Generating Company Private Ltd
- Sojitz Corporation - Japan
- GVK Power & Infra Limited - India
- Global Green Power PLC Corporation, Philippines
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- Ministry of Transport, Egypt
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- Deloitte Consulting - India
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- South Luzon Thermal Energy Corporation
- Goldman Sachs - Singapore
- Africa Commodities Group - South Africa
- Samtan Co., Ltd - South Korea
- Mjunction Services Limited - India
- Petron Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Bharathi Cement Corporation - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- New Zealand Coal & Carbon
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- Indika Energy - Indonesia
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- Kepco SPC Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Agrawal Coal Company - India
- Vizag Seaport Private Limited - India
- Sree Jayajothi Cements Limited - India
- Kaltim Prima Coal - Indonesia
- CIMB Investment Bank - Malaysia
- ASAPP Information Group - India
- Port Waratah Coal Services - Australia
- Chettinad Cement Corporation Ltd - India
- Malabar Cements Ltd - India
- Thai Mozambique Logistica
- Dalmia Cement Bharat India
- Minerals Council of Australia
- Ministry of Finance - Indonesia
- Thiess Contractors Indonesia
- Ministry of Mines - Canada
- Gujarat Sidhee Cement - India
- Baramulti Group, Indonesia
- Commonwealth Bank - Australia
- The University of Queensland
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- Xindia Steels Limited - India
- Eastern Coal Council - USA
- Trasteel International SA, Italy
- OPG Power Generation Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Makmur.PT - Indonesia
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- Electricity Authority, New Zealand
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- Indonesian Coal Mining Association
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- Leighton Contractors Pty Ltd - Australia
- McConnell Dowell - Australia
- ICICI Bank Limited - India
- Cigading International Bulk Terminal - Indonesia
- Chamber of Mines of South Africa
- TNB Fuel Sdn Bhd - Malaysia
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Indian Energy Exchange, India
- Lanco Infratech Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- India Bulls Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- San Jose City I Power Corp, Philippines
- Indian Oil Corporation Limited
- Bhoruka Overseas - Indonesia
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- PNOC Exploration Corporation - Philippines
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- Alfred C Toepfer International GmbH - Germany
- Kumho Petrochemical, South Korea
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- Aditya Birla Group - India
- Simpson Spence & Young - Indonesia
- IHS Mccloskey Coal Group - USA
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- Tamil Nadu electricity Board
- Iligan Light & Power Inc, Philippines
- Georgia Ports Authority, United States
- Posco Energy - South Korea
- Energy Development Corp, Philippines
- SMC Global Power, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Energy Link Ltd, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
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- The State Trading Corporation of India Ltd
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- Economic Council, Georgia
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- Singapore Mercantile Exchange
- Directorate Of Revenue Intelligence - India
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- Parry Sugars Refinery, India
- Romanian Commodities Exchange
- Indogreen Group - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Independent Power Producers Association of India
- Larsen & Toubro Limited - India
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- Australian Commodity Traders Exchange
- GAC Shipping (India) Pvt Ltd
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- Banpu Public Company Limited - Thailand
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- Planning Commission, India
- Price Waterhouse Coopers - Russia
- Electricity Generating Authority of Thailand
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- The Treasury - Australian Government
- Karaikal Port Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
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