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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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- Vizag Seaport Private Limited - India
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- Bayan Resources Tbk. - Indonesia
- IHS Mccloskey Coal Group - USA
- The Treasury - Australian Government
- Gujarat Mineral Development Corp Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Power Finance Corporation Ltd., India
- Bhushan Steel Limited - India
- Electricity Generating Authority of Thailand
- Essar Steel Hazira Ltd - India
- Semirara Mining Corp, Philippines
- Ministry of Finance - Indonesia
- Coastal Gujarat Power Limited - India
- Planning Commission, India
- Energy Development Corp, Philippines
- Samtan Co., Ltd - South Korea
- Kohat Cement Company Ltd. - Pakistan
- GMR Energy Limited - India
- CNBM International Corporation - China
- The State Trading Corporation of India Ltd
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- ASAPP Information Group - India
- Globalindo Alam Lestari - Indonesia
- Cement Manufacturers Association - India
- GAC Shipping (India) Pvt Ltd
- Gujarat Sidhee Cement - India
- Dalmia Cement Bharat India
- Singapore Mercantile Exchange
- New Zealand Coal & Carbon
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- White Energy Company Limited
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- Petron Corporation, Philippines
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- Chamber of Mines of South Africa
- PTC India Limited - India
- Intertek Mineral Services - Indonesia
- Posco Energy - South Korea
- Coal and Oil Company - UAE
- CIMB Investment Bank - Malaysia
- Kideco Jaya Agung - Indonesia
- Karaikal Port Pvt Ltd - India
- ICICI Bank Limited - India
- Aditya Birla Group - India
- Ministry of Mines - Canada
- Chettinad Cement Corporation Ltd - India
- Rio Tinto Coal - Australia
- Jindal Steel & Power Ltd - India
- Australian Coal Association
- Salva Resources Pvt Ltd - India
- Independent Power Producers Association of India
- Ind-Barath Power Infra Limited - India
- Mercator Lines Limited - India
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- Economic Council, Georgia
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- Global Business Power Corporation, Philippines
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- Bangladesh Power Developement Board
- Global Green Power PLC Corporation, Philippines
- Goldman Sachs - Singapore
- Directorate Of Revenue Intelligence - India
- OPG Power Generation Pvt Ltd - India
- Meralco Power Generation, Philippines
- Sarangani Energy Corporation, Philippines
- Sojitz Corporation - Japan
- Wood Mackenzie - Singapore
- Trasteel International SA, Italy
- Marubeni Corporation - India
- Madhucon Powers Ltd - India
- Indonesian Coal Mining Association
- Commonwealth Bank - Australia
- Star Paper Mills Limited - India
- Australian Commodity Traders Exchange
- Semirara Mining and Power Corporation, Philippines
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- Parry Sugars Refinery, India
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- Kepco SPC Power Corporation, Philippines
- MS Steel International - UAE
- Siam City Cement PLC, Thailand
- Maheswari Brothers Coal Limited - India
- Ceylon Electricity Board - Sri Lanka
- Petrochimia International Co. Ltd.- Taiwan
- Oldendorff Carriers - Singapore
- Metalloyd Limited - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- Georgia Ports Authority, United States
- Miang Besar Coal Terminal - Indonesia
- Uttam Galva Steels Limited - India
- Energy Link Ltd, New Zealand
- SMC Global Power, Philippines
- Indian Oil Corporation Limited
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- Bulk Trading Sa - Switzerland
- Mercuria Energy - Indonesia
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- Standard Chartered Bank - UAE
- San Jose City I Power Corp, Philippines
- Africa Commodities Group - South Africa
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- Bukit Baiduri Energy - Indonesia
- Coalindo Energy - Indonesia
- Port Waratah Coal Services - Australia
- Central Electricity Authority - India
- Bhoruka Overseas - Indonesia
- Price Waterhouse Coopers - Russia
- Straits Asia Resources Limited - Singapore
- LBH Netherlands Bv - Netherlands
- European Bulk Services B.V. - Netherlands
- Riau Bara Harum - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Merrill Lynch Commodities Europe
- Bank of Tokyo Mitsubishi UFJ Ltd
- IEA Clean Coal Centre - UK
- Orica Australia Pty. Ltd.
- Alfred C Toepfer International GmbH - Germany
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- Romanian Commodities Exchange
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Medco Energi Mining Internasional
- PowerSource Philippines DevCo
- Indo Tambangraya Megah - Indonesia
- Kobexindo Tractors - Indoneisa
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- Xindia Steels Limited - India
- Minerals Council of Australia
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- Therma Luzon, Inc, Philippines
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- Bukit Makmur.PT - Indonesia
- Ministry of Transport, Egypt
- The University of Queensland
- Parliament of New Zealand
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- Iligan Light & Power Inc, Philippines
- Central Java Power - Indonesia
- Savvy Resources Ltd - HongKong
- London Commodity Brokers - England
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