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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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- Gujarat Mineral Development Corp Ltd - India
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- Kohat Cement Company Ltd. - Pakistan
- Rio Tinto Coal - Australia
- PNOC Exploration Corporation - Philippines
- Chamber of Mines of South Africa
- Kaltim Prima Coal - Indonesia
- Attock Cement Pakistan Limited
- Kapuas Tunggal Persada - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Sojitz Corporation - Japan
- ASAPP Information Group - India
- Bulk Trading Sa - Switzerland
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- Krishnapatnam Port Company Ltd. - India
- IHS Mccloskey Coal Group - USA
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- Iligan Light & Power Inc, Philippines
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- Samtan Co., Ltd - South Korea
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- Energy Development Corp, Philippines
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- Mjunction Services Limited - India
- Latin American Coal - Colombia
- Standard Chartered Bank - UAE
- Vedanta Resources Plc - India
- Aboitiz Power Corporation - Philippines
- Aditya Birla Group - India
- Cement Manufacturers Association - India
- Jindal Steel & Power Ltd - India
- Bhoruka Overseas - Indonesia
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- Pipit Mutiara Jaya. PT, Indonesia
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- Straits Asia Resources Limited - Singapore
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- London Commodity Brokers - England
- Bharathi Cement Corporation - India
- Sakthi Sugars Limited - India
- Malabar Cements Ltd - India
- Meralco Power Generation, Philippines
- International Coal Ventures Pvt Ltd - India
- White Energy Company Limited
- Metalloyd Limited - United Kingdom
- Eastern Energy - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Medco Energi Mining Internasional
- Wilmar Investment Holdings
- Australian Coal Association
- Global Coal Blending Company Limited - Australia
- Marubeni Corporation - India
- Renaissance Capital - South Africa
- Orica Mining Services - Indonesia
- SMG Consultants - Indonesia
- Baramulti Group, Indonesia
- The University of Queensland
- Ambuja Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Essar Steel Hazira Ltd - India
- McConnell Dowell - Australia
- Binh Thuan Hamico - Vietnam
- Anglo American - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- Sical Logistics Limited - India
- Bhatia International Limited - India
- Petron Corporation, Philippines
- Port Waratah Coal Services - Australia
- Sinarmas Energy and Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
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- Romanian Commodities Exchange
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Tamil Nadu electricity Board
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- Banpu Public Company Limited - Thailand
- GAC Shipping (India) Pvt Ltd
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- Mintek Dendrill Indonesia
- Savvy Resources Ltd - HongKong
- Ind-Barath Power Infra Limited - India
- India Bulls Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Planning Commission, India
- Power Finance Corporation Ltd., India
- Grasim Industreis Ltd - India
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- Ministry of Transport, Egypt
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- European Bulk Services B.V. - Netherlands
- Kumho Petrochemical, South Korea
- Kartika Selabumi Mining - Indonesia
- VISA Power Limited - India
- The Treasury - Australian Government
- Uttam Galva Steels Limited - India
- Orica Australia Pty. Ltd.
- Bangladesh Power Developement Board
- Mercuria Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- San Jose City I Power Corp, Philippines
- Minerals Council of Australia
- MS Steel International - UAE
- Makarim & Taira - Indonesia
- Dalmia Cement Bharat India
- ICICI Bank Limited - India
- IEA Clean Coal Centre - UK
- Star Paper Mills Limited - India
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- Intertek Mineral Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Central Electricity Authority - India
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- PowerSource Philippines DevCo
- Asmin Koalindo Tuhup - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Parliament of New Zealand
- Directorate Of Revenue Intelligence - India
- Semirara Mining Corp, Philippines
- Indika Energy - Indonesia
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- Australian Commodity Traders Exchange
- Lanco Infratech Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Coal Council - USA
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- Petrochimia International Co. Ltd.- Taiwan
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- Africa Commodities Group - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Coal and Oil Company - UAE
- CNBM International Corporation - China
- Miang Besar Coal Terminal - Indonesia
- Indonesian Coal Mining Association
- Chettinad Cement Corporation Ltd - India
- Coalindo Energy - Indonesia
- Vizag Seaport Private Limited - India
- Simpson Spence & Young - Indonesia
- Singapore Mercantile Exchange
- The State Trading Corporation of India Ltd
- Electricity Authority, New Zealand
- Tata Chemicals Ltd - India
- Commonwealth Bank - Australia
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- Goldman Sachs - Singapore
- Ministry of Mines - Canada
- Indian Oil Corporation Limited
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- Kepco SPC Power Corporation, Philippines
- Edison Trading Spa - Italy
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