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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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- Essar Steel Hazira Ltd - India
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- SN Aboitiz Power Inc, Philippines
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- Oldendorff Carriers - Singapore
- Posco Energy - South Korea
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- Renaissance Capital - South Africa
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- VISA Power Limited - India
- Sindya Power Generating Company Private Ltd
- Tamil Nadu electricity Board
- Cigading International Bulk Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indika Energy - Indonesia
- TeaM Sual Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Holcim Trading Pte Ltd - Singapore
- GMR Energy Limited - India
- GVK Power & Infra Limited - India
- CNBM International Corporation - China
- Neyveli Lignite Corporation Ltd, - India
- Jindal Steel & Power Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Madhucon Powers Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Aditya Birla Group - India
- Iligan Light & Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Indonesian Coal Mining Association
- Larsen & Toubro Limited - India
- The State Trading Corporation of India Ltd
- Goldman Sachs - Singapore
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- Gujarat Electricity Regulatory Commission - India
- India Bulls Power Limited - India
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- Maheswari Brothers Coal Limited - India
- Sarangani Energy Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Chettinad Cement Corporation Ltd - India
- Deloitte Consulting - India
- Dalmia Cement Bharat India
- Samtan Co., Ltd - South Korea
- London Commodity Brokers - England
- Orica Australia Pty. Ltd.
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- PetroVietnam Power Coal Import and Supply Company
- Sical Logistics Limited - India
- Commonwealth Bank - Australia
- Straits Asia Resources Limited - Singapore
- Bulk Trading Sa - Switzerland
- LBH Netherlands Bv - Netherlands
- Standard Chartered Bank - UAE
- Chamber of Mines of South Africa
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- The Treasury - Australian Government
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- Kumho Petrochemical, South Korea
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- Kalimantan Lumbung Energi - Indonesia
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Coal Council - USA
- PNOC Exploration Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Sojitz Corporation - Japan
- Coalindo Energy - Indonesia
- Minerals Council of Australia
- GAC Shipping (India) Pvt Ltd
- McConnell Dowell - Australia
- Power Finance Corporation Ltd., India
- Georgia Ports Authority, United States
- Ceylon Electricity Board - Sri Lanka
- Vizag Seaport Private Limited - India
- Manunggal Multi Energi - Indonesia
- Ministry of Finance - Indonesia
- White Energy Company Limited
- Ministry of Transport, Egypt
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- New Zealand Coal & Carbon
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- Timah Investasi Mineral - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Global Business Power Corporation, Philippines
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- Ambuja Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- PowerSource Philippines DevCo
- Tata Chemicals Ltd - India
- Sinarmas Energy and Mining - Indonesia
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- Africa Commodities Group - South Africa
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- Kapuas Tunggal Persada - Indonesia
- Savvy Resources Ltd - HongKong
- Banpu Public Company Limited - Thailand
- Central Electricity Authority - India
- PTC India Limited - India
- Rio Tinto Coal - Australia
- Global Coal Blending Company Limited - Australia
- Directorate Of Revenue Intelligence - India
- Wood Mackenzie - Singapore
- Thiess Contractors Indonesia
- SMC Global Power, Philippines
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- Bukit Baiduri Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Bhoruka Overseas - Indonesia
- Australian Commodity Traders Exchange
- CIMB Investment Bank - Malaysia
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- Marubeni Corporation - India
- ASAPP Information Group - India
- Formosa Plastics Group - Taiwan
- Attock Cement Pakistan Limited
- Indian Oil Corporation Limited
- Makarim & Taira - Indonesia
- Indian Energy Exchange, India
- Mercuria Energy - Indonesia
- The University of Queensland
- Riau Bara Harum - Indonesia
- Edison Trading Spa - Italy
- Bangladesh Power Developement Board
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- Medco Energi Mining Internasional
- Metalloyd Limited - United Kingdom
- Alfred C Toepfer International GmbH - Germany
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- Bhushan Steel Limited - India
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- Jaiprakash Power Ventures ltd
- Bukit Makmur.PT - Indonesia
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- Singapore Mercantile Exchange
- Electricity Authority, New Zealand
- Electricity Generating Authority of Thailand
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- Australian Coal Association
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- Intertek Mineral Services - Indonesia
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- Parliament of New Zealand
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- Energy Development Corp, Philippines
- Price Waterhouse Coopers - Russia
- Wilmar Investment Holdings
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- Videocon Industries ltd - India
- Ministry of Mines - Canada
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- IEA Clean Coal Centre - UK
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- Directorate General of MIneral and Coal - Indonesia
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