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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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- Africa Commodities Group - South Africa
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- PowerSource Philippines DevCo
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- SMG Consultants - Indonesia
- Eastern Coal Council - USA
- SMC Global Power, Philippines
- Planning Commission, India
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- Sindya Power Generating Company Private Ltd
- Mercator Lines Limited - India
- Holcim Trading Pte Ltd - Singapore
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- Power Finance Corporation Ltd., India
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- Central Java Power - Indonesia
- India Bulls Power Limited - India
- Xindia Steels Limited - India
- Energy Link Ltd, New Zealand
- Eastern Energy - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Posco Energy - South Korea
- Indian Energy Exchange, India
- IEA Clean Coal Centre - UK
- New Zealand Coal & Carbon
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- Agrawal Coal Company - India
- Coal and Oil Company - UAE
- Minerals Council of Australia
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- Economic Council, Georgia
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- Kideco Jaya Agung - Indonesia
- Bangladesh Power Developement Board
- Ministry of Finance - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Coalindo Energy - Indonesia
- Kobexindo Tractors - Indoneisa
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- Cigading International Bulk Terminal - Indonesia
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- Karaikal Port Pvt Ltd - India
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- Anglo American - United Kingdom
- Bulk Trading Sa - Switzerland
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- Bhatia International Limited - India
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- Trasteel International SA, Italy
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- White Energy Company Limited
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- CIMB Investment Bank - Malaysia
- Savvy Resources Ltd - HongKong
- The Treasury - Australian Government
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- MS Steel International - UAE
- Siam City Cement - Thailand
- Semirara Mining Corp, Philippines
- Goldman Sachs - Singapore
- Indo Tambangraya Megah - Indonesia
- Attock Cement Pakistan Limited
- Tamil Nadu electricity Board
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- Edison Trading Spa - Italy
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercuria Energy - Indonesia
- Dalmia Cement Bharat India
- Metalloyd Limited - United Kingdom
- Orica Australia Pty. Ltd.
- Asmin Koalindo Tuhup - Indonesia
- The State Trading Corporation of India Ltd
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- European Bulk Services B.V. - Netherlands
- Ministry of Mines - Canada
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- Parliament of New Zealand
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- San Jose City I Power Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- The University of Queensland
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Bukit Makmur.PT - Indonesia
- Independent Power Producers Association of India
- Kartika Selabumi Mining - Indonesia
- London Commodity Brokers - England
- Meralco Power Generation, Philippines
- Gujarat Electricity Regulatory Commission - India
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- Price Waterhouse Coopers - Russia
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- Toyota Tsusho Corporation, Japan
- Chamber of Mines of South Africa
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- Ministry of Transport, Egypt
- Renaissance Capital - South Africa
- Alfred C Toepfer International GmbH - Germany
- Iligan Light & Power Inc, Philippines
- Deloitte Consulting - India
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- Cement Manufacturers Association - India
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- Singapore Mercantile Exchange
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