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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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- Sarangani Energy Corporation, Philippines
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- Coal and Oil Company - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Neyveli Lignite Corporation Ltd, - India
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
- Makarim & Taira - Indonesia
- The State Trading Corporation of India Ltd
- MS Steel International - UAE
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- Tamil Nadu electricity Board
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- Chamber of Mines of South Africa
- Sindya Power Generating Company Private Ltd
- Indian Energy Exchange, India
- ICICI Bank Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- IEA Clean Coal Centre - UK
- Directorate General of MIneral and Coal - Indonesia
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- Eastern Coal Council - USA
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- Siam City Cement PLC, Thailand
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- Samtan Co., Ltd - South Korea
- Baramulti Group, Indonesia
- Altura Mining Limited, Indonesia
- Indo Tambangraya Megah - Indonesia
- San Jose City I Power Corp, Philippines
- Ministry of Mines - Canada
- Savvy Resources Ltd - HongKong
- Ceylon Electricity Board - Sri Lanka
- Planning Commission, India
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- OPG Power Generation Pvt Ltd - India
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- Videocon Industries ltd - India
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement - Thailand
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- Metalloyd Limited - United Kingdom
- Jaiprakash Power Ventures ltd
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- Independent Power Producers Association of India
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- Salva Resources Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Bangladesh Power Developement Board
- Lanco Infratech Ltd - India
- Cement Manufacturers Association - India
- CIMB Investment Bank - Malaysia
- Bhoruka Overseas - Indonesia
- Electricity Generating Authority of Thailand
- Global Green Power PLC Corporation, Philippines
- Sojitz Corporation - Japan
- Commonwealth Bank - Australia
- Asmin Koalindo Tuhup - Indonesia
- Meralco Power Generation, Philippines
- Economic Council, Georgia
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- Georgia Ports Authority, United States
- Holcim Trading Pte Ltd - Singapore
- VISA Power Limited - India
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- Ministry of Transport, Egypt
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- Electricity Authority, New Zealand
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- Indonesian Coal Mining Association
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- GN Power Mariveles Coal Plant, Philippines
- Indika Energy - Indonesia
- Medco Energi Mining Internasional
- Rashtriya Ispat Nigam Limited - India
- Barasentosa Lestari - Indonesia
- Rio Tinto Coal - Australia
- Parliament of New Zealand
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- Semirara Mining Corp, Philippines
- Larsen & Toubro Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
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- Merrill Lynch Commodities Europe
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- Wood Mackenzie - Singapore
- Jorong Barutama Greston.PT - Indonesia
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- The University of Queensland
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- Vijayanagar Sugar Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Binh Thuan Hamico - Vietnam
- Globalindo Alam Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Minerals Council of Australia
- Interocean Group of Companies - India
- Central Java Power - Indonesia
- Goldman Sachs - Singapore
- IHS Mccloskey Coal Group - USA
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- South Luzon Thermal Energy Corporation
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Directorate Of Revenue Intelligence - India
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- Bhatia International Limited - India
- Central Electricity Authority - India
- Renaissance Capital - South Africa
- New Zealand Coal & Carbon
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- White Energy Company Limited
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- European Bulk Services B.V. - Netherlands
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- PTC India Limited - India
- Singapore Mercantile Exchange
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- McConnell Dowell - Australia
- Antam Resourcindo - Indonesia
- Price Waterhouse Coopers - Russia
- Trasteel International SA, Italy
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- Energy Link Ltd, New Zealand
- Australian Coal Association
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- Tata Chemicals Ltd - India
- Eastern Energy - Thailand
- Kideco Jaya Agung - Indonesia
- Ministry of Finance - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Africa Commodities Group - South Africa
- Australian Commodity Traders Exchange
- Gujarat Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- Star Paper Mills Limited - India
- Alfred C Toepfer International GmbH - Germany
- Malabar Cements Ltd - India
- London Commodity Brokers - England
- The Treasury - Australian Government
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