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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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- Madhucon Powers Ltd - India
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- Australian Commodity Traders Exchange
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- Port Waratah Coal Services - Australia
- Wood Mackenzie - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Ambuja Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Interocean Group of Companies - India
- Commonwealth Bank - Australia
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- Cigading International Bulk Terminal - Indonesia
- The University of Queensland
- Parliament of New Zealand
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- Gujarat Electricity Regulatory Commission - India
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- Economic Council, Georgia
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- Goldman Sachs - Singapore
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- Makarim & Taira - Indonesia
- Dalmia Cement Bharat India
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- GVK Power & Infra Limited - India
- Attock Cement Pakistan Limited
- London Commodity Brokers - England
- Mjunction Services Limited - India
- Semirara Mining and Power Corporation, Philippines
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- Bhatia International Limited - India
- Energy Link Ltd, New Zealand
- Thiess Contractors Indonesia
- Karaikal Port Pvt Ltd - India
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- Indian Energy Exchange, India
- Electricity Authority, New Zealand
- Sojitz Corporation - Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ind-Barath Power Infra Limited - India
- Maheswari Brothers Coal Limited - India
- Straits Asia Resources Limited - Singapore
- Deloitte Consulting - India
- Indogreen Group - Indonesia
- LBH Netherlands Bv - Netherlands
- Krishnapatnam Port Company Ltd. - India
- The Treasury - Australian Government
- Samtan Co., Ltd - South Korea
- GMR Energy Limited - India
- Xindia Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asmin Koalindo Tuhup - Indonesia
- Electricity Generating Authority of Thailand
- Global Coal Blending Company Limited - Australia
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- TNB Fuel Sdn Bhd - Malaysia
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- Banpu Public Company Limited - Thailand
- Directorate Of Revenue Intelligence - India
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- White Energy Company Limited
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- Coal and Oil Company - UAE
- San Jose City I Power Corp, Philippines
- Jaiprakash Power Ventures ltd
- PNOC Exploration Corporation - Philippines
- TeaM Sual Corporation - Philippines
- PTC India Limited - India
- Miang Besar Coal Terminal - Indonesia
- Orica Mining Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Energy Development Corp, Philippines
- Planning Commission, India
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- Kapuas Tunggal Persada - Indonesia
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- Independent Power Producers Association of India
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- Global Green Power PLC Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Altura Mining Limited, Indonesia
- Simpson Spence & Young - Indonesia
- Eastern Coal Council - USA
- Holcim Trading Pte Ltd - Singapore
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- Meenaskhi Energy Private Limited - India
- Borneo Indobara - Indonesia
- Heidelberg Cement - Germany
- Medco Energi Mining Internasional
- Bhoruka Overseas - Indonesia
- Ministry of Mines - Canada
- Iligan Light & Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Metalloyd Limited - United Kingdom
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- Romanian Commodities Exchange
- European Bulk Services B.V. - Netherlands
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- Timah Investasi Mineral - Indoneisa
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- Kepco SPC Power Corporation, Philippines
- Indonesian Coal Mining Association
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- Trasteel International SA, Italy
- Grasim Industreis Ltd - India
- Oldendorff Carriers - Singapore
- Lanco Infratech Ltd - India
- IEA Clean Coal Centre - UK
- Siam City Cement - Thailand
- Central Electricity Authority - India
- Thai Mozambique Logistica
- Minerals Council of Australia
- Coastal Gujarat Power Limited - India
- McConnell Dowell - Australia
- Kaltim Prima Coal - Indonesia
- Georgia Ports Authority, United States
- Sarangani Energy Corporation, Philippines
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- Sindya Power Generating Company Private Ltd
- Edison Trading Spa - Italy
- Jindal Steel & Power Ltd - India
- Indo Tambangraya Megah - Indonesia
- Binh Thuan Hamico - Vietnam
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- Tamil Nadu electricity Board
- Chamber of Mines of South Africa
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- The State Trading Corporation of India Ltd
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- Manunggal Multi Energi - Indonesia
- Anglo American - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- SMC Global Power, Philippines
- Mercuria Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Ministry of Finance - Indonesia
- Bangladesh Power Developement Board
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