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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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- Price Waterhouse Coopers - Russia
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- Georgia Ports Authority, United States
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- Commonwealth Bank - Australia
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- Indian Energy Exchange, India
- Toyota Tsusho Corporation, Japan
- CIMB Investment Bank - Malaysia
- Coastal Gujarat Power Limited - India
- Planning Commission, India
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- Bhoruka Overseas - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- PNOC Exploration Corporation - Philippines
- Bhushan Steel Limited - India
- Renaissance Capital - South Africa
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- Edison Trading Spa - Italy
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- Straits Asia Resources Limited - Singapore
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- TeaM Sual Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Minerals Council of Australia
- White Energy Company Limited
- Rio Tinto Coal - Australia
- Meralco Power Generation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- GAC Shipping (India) Pvt Ltd
- Savvy Resources Ltd - HongKong
- McConnell Dowell - Australia
- European Bulk Services B.V. - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Madhucon Powers Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The Treasury - Australian Government
- Ministry of Finance - Indonesia
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- Chettinad Cement Corporation Ltd - India
- Economic Council, Georgia
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- Wood Mackenzie - Singapore
- Trasteel International SA, Italy
- Bharathi Cement Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Commodity Traders Exchange
- IHS Mccloskey Coal Group - USA
- Global Coal Blending Company Limited - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Global Business Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Makarim & Taira - Indonesia
- Ambuja Cements Ltd - India
- New Zealand Coal & Carbon
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- CNBM International Corporation - China
- Indo Tambangraya Megah - Indonesia
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- Kideco Jaya Agung - Indonesia
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- Samtan Co., Ltd - South Korea
- Wilmar Investment Holdings
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- The State Trading Corporation of India Ltd
- Port Waratah Coal Services - Australia
- Eastern Energy - Thailand
- Power Finance Corporation Ltd., India
- Tamil Nadu electricity Board
- Parliament of New Zealand
- Bulk Trading Sa - Switzerland
- Videocon Industries ltd - India
- Antam Resourcindo - Indonesia
- Vizag Seaport Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Heidelberg Cement - Germany
- Directorate Of Revenue Intelligence - India
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- Meenaskhi Energy Private Limited - India
- Maheswari Brothers Coal Limited - India
- Thiess Contractors Indonesia
- Oldendorff Carriers - Singapore
- Ceylon Electricity Board - Sri Lanka
- Intertek Mineral Services - Indonesia
- Kobexindo Tractors - Indoneisa
- Grasim Industreis Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Global Green Power PLC Corporation, Philippines
- Agrawal Coal Company - India
- Deloitte Consulting - India
- Altura Mining Limited, Indonesia
- Directorate General of MIneral and Coal - Indonesia
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- Energy Development Corp, Philippines
- Siam City Cement - Thailand
- Interocean Group of Companies - India
- ICICI Bank Limited - India
- Star Paper Mills Limited - India
- Sojitz Corporation - Japan
- Eastern Coal Council - USA
- Neyveli Lignite Corporation Ltd, - India
- Marubeni Corporation - India
- Aditya Birla Group - India
- Ind-Barath Power Infra Limited - India
- IEA Clean Coal Centre - UK
- Merrill Lynch Commodities Europe
- Indogreen Group - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kaltim Prima Coal - Indonesia
- London Commodity Brokers - England
- Australian Coal Association
- Standard Chartered Bank - UAE
- Chamber of Mines of South Africa
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- Bahari Cakrawala Sebuku - Indonesia
- Independent Power Producers Association of India
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- Singapore Mercantile Exchange
- Metalloyd Limited - United Kingdom
- Mjunction Services Limited - India
- LBH Netherlands Bv - Netherlands
- Leighton Contractors Pty Ltd - Australia
- Indonesian Coal Mining Association
- Sical Logistics Limited - India
- Jaiprakash Power Ventures ltd
- Maharashtra Electricity Regulatory Commission - India
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- Coalindo Energy - Indonesia
- Riau Bara Harum - Indonesia
- SMG Consultants - Indonesia
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- Romanian Commodities Exchange
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- Iligan Light & Power Inc, Philippines
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- Manunggal Multi Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Karbindo Abesyapradhi - Indoneisa
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