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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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- Eastern Energy - Thailand
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- Indian Oil Corporation Limited
- Economic Council, Georgia
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- Energy Development Corp, Philippines
- Metalloyd Limited - United Kingdom
- Bayan Resources Tbk. - Indonesia
- PowerSource Philippines DevCo
- Makarim & Taira - Indonesia
- Deloitte Consulting - India
- Leighton Contractors Pty Ltd - Australia
- The University of Queensland
- Sinarmas Energy and Mining - Indonesia
- Medco Energi Mining Internasional
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- Sical Logistics Limited - India
- Essar Steel Hazira Ltd - India
- Sarangani Energy Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- India Bulls Power Limited - India
- New Zealand Coal & Carbon
- Coal and Oil Company - UAE
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- CNBM International Corporation - China
- Riau Bara Harum - Indonesia
- Krishnapatnam Port Company Ltd. - India
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- IHS Mccloskey Coal Group - USA
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- Jorong Barutama Greston.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- Indian Energy Exchange, India
- MS Steel International - UAE
- Globalindo Alam Lestari - Indonesia
- Trasteel International SA, Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- Star Paper Mills Limited - India
- Planning Commission, India
- Georgia Ports Authority, United States
- Romanian Commodities Exchange
- Directorate Of Revenue Intelligence - India
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- GVK Power & Infra Limited - India
- Therma Luzon, Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
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- Merrill Lynch Commodities Europe
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- Vedanta Resources Plc - India
- Chamber of Mines of South Africa
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- Ambuja Cements Ltd - India
- Anglo American - United Kingdom
- Minerals Council of Australia
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- The Treasury - Australian Government
- Baramulti Group, Indonesia
- Formosa Plastics Group - Taiwan
- Africa Commodities Group - South Africa
- Siam City Cement PLC, Thailand
- Bahari Cakrawala Sebuku - Indonesia
- VISA Power Limited - India
- ICICI Bank Limited - India
- Bhushan Steel Limited - India
- Eastern Coal Council - USA
- Parry Sugars Refinery, India
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- Energy Link Ltd, New Zealand
- Renaissance Capital - South Africa
- SMC Global Power, Philippines
- Wilmar Investment Holdings
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- Mintek Dendrill Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Central Java Power - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Dalmia Cement Bharat India
- Marubeni Corporation - India
- Latin American Coal - Colombia
- Global Coal Blending Company Limited - Australia
- Rio Tinto Coal - Australia
- Malabar Cements Ltd - India
- PTC India Limited - India
- Indogreen Group - Indonesia
- Price Waterhouse Coopers - Russia
- Ministry of Transport, Egypt
- TeaM Sual Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Barasentosa Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Commonwealth Bank - Australia
- Posco Energy - South Korea
- Goldman Sachs - Singapore
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- Petron Corporation, Philippines
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- Savvy Resources Ltd - HongKong
- Sojitz Corporation - Japan
- Kaltim Prima Coal - Indonesia
- Madhucon Powers Ltd - India
- Gujarat Sidhee Cement - India
- Holcim Trading Pte Ltd - Singapore
- Sree Jayajothi Cements Limited - India
- Electricity Generating Authority of Thailand
- CIMB Investment Bank - Malaysia
- Bukit Baiduri Energy - Indonesia
- Tamil Nadu electricity Board
- Kumho Petrochemical, South Korea
- Ministry of Finance - Indonesia
- Maheswari Brothers Coal Limited - India
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- IEA Clean Coal Centre - UK
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Ministry of Mines - Canada
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- Mjunction Services Limited - India
- Gujarat Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Straits Asia Resources Limited - Singapore
- Orica Australia Pty. Ltd.
- London Commodity Brokers - England
- Wood Mackenzie - Singapore
- Indonesian Coal Mining Association
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- Bangladesh Power Developement Board
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- Interocean Group of Companies - India
- Australian Commodity Traders Exchange
- SN Aboitiz Power Inc, Philippines
- GMR Energy Limited - India
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- Coalindo Energy - Indonesia
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- Electricity Authority, New Zealand
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- Larsen & Toubro Limited - India
- Singapore Mercantile Exchange
- Kideco Jaya Agung - Indonesia
- OPG Power Generation Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Tata Chemicals Ltd - India
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- PNOC Exploration Corporation - Philippines
- Parliament of New Zealand
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