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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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- Bukit Baiduri Energy - Indonesia
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- The University of Queensland
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- Indian Oil Corporation Limited
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- Intertek Mineral Services - Indonesia
- Orica Australia Pty. Ltd.
- Sarangani Energy Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Authority, New Zealand
- Singapore Mercantile Exchange
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- Kumho Petrochemical, South Korea
- Neyveli Lignite Corporation Ltd, - India
- Kideco Jaya Agung - Indonesia
- Gujarat Sidhee Cement - India
- OPG Power Generation Pvt Ltd - India
- The Treasury - Australian Government
- The State Trading Corporation of India Ltd
- Parry Sugars Refinery, India
- Maheswari Brothers Coal Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Economic Council, Georgia
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- Bulk Trading Sa - Switzerland
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- Leighton Contractors Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Simpson Spence & Young - Indonesia
- Ministry of Mines - Canada
- Anglo American - United Kingdom
- GVK Power & Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- Port Waratah Coal Services - Australia
- Price Waterhouse Coopers - Russia
- Indian Energy Exchange, India
- McConnell Dowell - Australia
- Straits Asia Resources Limited - Singapore
- Aditya Birla Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Medco Energi Mining Internasional
- VISA Power Limited - India
- CIMB Investment Bank - Malaysia
- SMG Consultants - Indonesia
- Indonesian Coal Mining Association
- PowerSource Philippines DevCo
- Jindal Steel & Power Ltd - India
- Trasteel International SA, Italy
- Lanco Infratech Ltd - India
- Banpu Public Company Limited - Thailand
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- AsiaOL BioFuels Corp., Philippines
- Rio Tinto Coal - Australia
- Vedanta Resources Plc - India
- MS Steel International - UAE
- Holcim Trading Pte Ltd - Singapore
- Electricity Generating Authority of Thailand
- Thiess Contractors Indonesia
- Meralco Power Generation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Central Java Power - Indonesia
- Ambuja Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Commonwealth Bank - Australia
- Alfred C Toepfer International GmbH - Germany
- Marubeni Corporation - India
- Wilmar Investment Holdings
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- Standard Chartered Bank - UAE
- Directorate General of MIneral and Coal - Indonesia
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- Goldman Sachs - Singapore
- International Coal Ventures Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Timah Investasi Mineral - Indoneisa
- LBH Netherlands Bv - Netherlands
- Baramulti Group, Indonesia
- Planning Commission, India
- CNBM International Corporation - China
- Asmin Koalindo Tuhup - Indonesia
- Tamil Nadu electricity Board
- Malabar Cements Ltd - India
- Indika Energy - Indonesia
- Africa Commodities Group - South Africa
- PTC India Limited - India
- ICICI Bank Limited - India
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- Posco Energy - South Korea
- Sinarmas Energy and Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Interocean Group of Companies - India
- Samtan Co., Ltd - South Korea
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- GAC Shipping (India) Pvt Ltd
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- London Commodity Brokers - England
- Attock Cement Pakistan Limited
- Sical Logistics Limited - India
- Global Coal Blending Company Limited - Australia
- Ind-Barath Power Infra Limited - India
- Agrawal Coal Company - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bangladesh Power Developement Board
- Antam Resourcindo - Indonesia
- Parliament of New Zealand
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- Australian Coal Association
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- Independent Power Producers Association of India
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- Mjunction Services Limited - India
- Bukit Makmur.PT - Indonesia
- ASAPP Information Group - India
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- Larsen & Toubro Limited - India
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- Cement Manufacturers Association - India
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- Semirara Mining and Power Corporation, Philippines
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- Metalloyd Limited - United Kingdom
- San Jose City I Power Corp, Philippines
- White Energy Company Limited
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- Edison Trading Spa - Italy
- SMC Global Power, Philippines
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- Minerals Council of Australia
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- Renaissance Capital - South Africa
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- Coal and Oil Company - UAE
- Siam City Cement - Thailand
- Billiton Holdings Pty Ltd - Australia
- Sojitz Corporation - Japan
- Videocon Industries ltd - India
- Thai Mozambique Logistica
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- Georgia Ports Authority, United States
- Mercator Lines Limited - India
- Central Electricity Authority - India
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