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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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- Toyota Tsusho Corporation, Japan
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- Romanian Commodities Exchange
- Economic Council, Georgia
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- PNOC Exploration Corporation - Philippines
- Mintek Dendrill Indonesia
- Aboitiz Power Corporation - Philippines
- Bhushan Steel Limited - India
- Altura Mining Limited, Indonesia
- Sical Logistics Limited - India
- Global Business Power Corporation, Philippines
- Deloitte Consulting - India
- Sindya Power Generating Company Private Ltd
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- Ministry of Transport, Egypt
- Neyveli Lignite Corporation Ltd, - India
- Georgia Ports Authority, United States
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- Parliament of New Zealand
- SN Aboitiz Power Inc, Philippines
- Tamil Nadu electricity Board
- IHS Mccloskey Coal Group - USA
- White Energy Company Limited
- European Bulk Services B.V. - Netherlands
- San Jose City I Power Corp, Philippines
- Electricity Authority, New Zealand
- Commonwealth Bank - Australia
- Bukit Makmur.PT - Indonesia
- Vedanta Resources Plc - India
- Gujarat Sidhee Cement - India
- Metalloyd Limited - United Kingdom
- PTC India Limited - India
- Chamber of Mines of South Africa
- Karaikal Port Pvt Ltd - India
- Electricity Generating Authority of Thailand
- ICICI Bank Limited - India
- Directorate General of MIneral and Coal - Indonesia
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- Parry Sugars Refinery, India
- Oldendorff Carriers - Singapore
- Renaissance Capital - South Africa
- SMC Global Power, Philippines
- Alfred C Toepfer International GmbH - Germany
- Global Coal Blending Company Limited - Australia
- Banpu Public Company Limited - Thailand
- Power Finance Corporation Ltd., India
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- Wood Mackenzie - Singapore
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- Gujarat Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Miang Besar Coal Terminal - Indonesia
- Mjunction Services Limited - India
- Indian Oil Corporation Limited
- Maharashtra Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Barasentosa Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- IEA Clean Coal Centre - UK
- Gujarat Mineral Development Corp Ltd - India
- Riau Bara Harum - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Globalindo Alam Lestari - Indonesia
- Rio Tinto Coal - Australia
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- The University of Queensland
- Price Waterhouse Coopers - Russia
- International Coal Ventures Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Marubeni Corporation - India
- Star Paper Mills Limited - India
- Bhatia International Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Goldman Sachs - Singapore
- Independent Power Producers Association of India
- Lanco Infratech Ltd - India
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- Tata Chemicals Ltd - India
- GN Power Mariveles Coal Plant, Philippines
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- Samtan Co., Ltd - South Korea
- Kumho Petrochemical, South Korea
- OPG Power Generation Pvt Ltd - India
- Eastern Coal Council - USA
- Sojitz Corporation - Japan
- Antam Resourcindo - Indonesia
- The State Trading Corporation of India Ltd
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement PLC, Thailand
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- Ministry of Mines - Canada
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- Merrill Lynch Commodities Europe
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- Makarim & Taira - Indonesia
- CIMB Investment Bank - Malaysia
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- London Commodity Brokers - England
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- Australian Coal Association
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- Timah Investasi Mineral - Indoneisa
- Baramulti Group, Indonesia
- Minerals Council of Australia
- Heidelberg Cement - Germany
- GAC Shipping (India) Pvt Ltd
- Central Electricity Authority - India
- Xindia Steels Limited - India
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- Semirara Mining Corp, Philippines
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- Africa Commodities Group - South Africa
- Asmin Koalindo Tuhup - Indonesia
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- Indo Tambangraya Megah - Indonesia
- CNBM International Corporation - China
- Australian Commodity Traders Exchange
- Wilmar Investment Holdings
- Kaltim Prima Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- Leighton Contractors Pty Ltd - Australia
- MS Steel International - UAE
- GMR Energy Limited - India
- Standard Chartered Bank - UAE
- Straits Asia Resources Limited - Singapore
- Medco Energi Mining Internasional
- Edison Trading Spa - Italy
- Energy Link Ltd, New Zealand
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- Bahari Cakrawala Sebuku - Indonesia
- Sakthi Sugars Limited - India
- Anglo American - United Kingdom
- New Zealand Coal & Carbon
- Indogreen Group - Indonesia
- SMG Consultants - Indonesia
- Energy Development Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Petron Corporation, Philippines
- Bulk Trading Sa - Switzerland
- McConnell Dowell - Australia
- Grasim Industreis Ltd - India
- Posco Energy - South Korea
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