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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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- Coalindo Energy - Indonesia
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- Bangladesh Power Developement Board
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- Savvy Resources Ltd - HongKong
- Ind-Barath Power Infra Limited - India
- Posco Energy - South Korea
- London Commodity Brokers - England
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Formosa Plastics Group - Taiwan
- Manunggal Multi Energi - Indonesia
- SMG Consultants - Indonesia
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- Timah Investasi Mineral - Indoneisa
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- Tamil Nadu electricity Board
- Siam City Cement - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Toyota Tsusho Corporation, Japan
- New Zealand Coal & Carbon
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- Ministry of Transport, Egypt
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Merrill Lynch Commodities Europe
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- Mintek Dendrill Indonesia
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- European Bulk Services B.V. - Netherlands
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- PNOC Exploration Corporation - Philippines
- Goldman Sachs - Singapore
- Price Waterhouse Coopers - Russia
- Ministry of Finance - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Malabar Cements Ltd - India
- Indonesian Coal Mining Association
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- Ambuja Cements Ltd - India
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- Bulk Trading Sa - Switzerland
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- Indian Oil Corporation Limited
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- Independent Power Producers Association of India
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- Eastern Energy - Thailand
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- Planning Commission, India
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- Parliament of New Zealand
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- Bukit Asam (Persero) Tbk - Indonesia
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- Krishnapatnam Port Company Ltd. - India
- Electricity Authority, New Zealand
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- Minerals Council of Australia
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- Energy Link Ltd, New Zealand
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- Bhatia International Limited - India
- Deloitte Consulting - India
- MS Steel International - UAE
- Jaiprakash Power Ventures ltd
- Maharashtra Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Edison Trading Spa - Italy
- Miang Besar Coal Terminal - Indonesia
- Orica Australia Pty. Ltd.
- India Bulls Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- The University of Queensland
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- Rashtriya Ispat Nigam Limited - India
- Australian Coal Association
- Grasim Industreis Ltd - India
- Chamber of Mines of South Africa
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- Semirara Mining and Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Mines - Canada
- Tata Chemicals Ltd - India
- Binh Thuan Hamico - Vietnam
- Coal and Oil Company - UAE
- Straits Asia Resources Limited - Singapore
- IHS Mccloskey Coal Group - USA
- Australian Commodity Traders Exchange
- Alfred C Toepfer International GmbH - Germany
- Agrawal Coal Company - India
- Kalimantan Lumbung Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Baramulti Group, Indonesia
- IEA Clean Coal Centre - UK
- Kumho Petrochemical, South Korea
- GAC Shipping (India) Pvt Ltd
- GVK Power & Infra Limited - India
- Petron Corporation, Philippines
- Sojitz Corporation - Japan
- Sakthi Sugars Limited - India
- Aboitiz Power Corporation - Philippines
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- Eastern Coal Council - USA
- Georgia Ports Authority, United States
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- Sindya Power Generating Company Private Ltd
- Sarangani Energy Corporation, Philippines
- Global Coal Blending Company Limited - Australia
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- SN Aboitiz Power Inc, Philippines
- Mjunction Services Limited - India
- Wilmar Investment Holdings
- Meenaskhi Energy Private Limited - India
- CIMB Investment Bank - Malaysia
- Bhoruka Overseas - Indonesia
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- Electricity Generating Authority of Thailand
- Indian Energy Exchange, India
- Antam Resourcindo - Indonesia
- Indogreen Group - Indonesia
- The Treasury - Australian Government
- Rio Tinto Coal - Australia
- White Energy Company Limited
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- The State Trading Corporation of India Ltd
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- Pipit Mutiara Jaya. PT, Indonesia
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- Semirara Mining Corp, Philippines
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- Romanian Commodities Exchange
- Wood Mackenzie - Singapore
- Africa Commodities Group - South Africa
- Kaltim Prima Coal - Indonesia
- Marubeni Corporation - India
- Indo Tambangraya Megah - Indonesia
- Kobexindo Tractors - Indoneisa
- ASAPP Information Group - India
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