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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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- Larsen & Toubro Limited - India
- Ministry of Mines - Canada
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- Indian Oil Corporation Limited
- Australian Commodity Traders Exchange
- Bhatia International Limited - India
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- Pipit Mutiara Jaya. PT, Indonesia
- Sindya Power Generating Company Private Ltd
- Mercator Lines Limited - India
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Parliament of New Zealand
- Toyota Tsusho Corporation, Japan
- OPG Power Generation Pvt Ltd - India
- Indian Energy Exchange, India
- Petrochimia International Co. Ltd.- Taiwan
- Singapore Mercantile Exchange
- Coastal Gujarat Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Riau Bara Harum - Indonesia
- Sakthi Sugars Limited - India
- Gujarat Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
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- Commonwealth Bank - Australia
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- VISA Power Limited - India
- Bharathi Cement Corporation - India
- Global Coal Blending Company Limited - Australia
- Madhucon Powers Ltd - India
- ICICI Bank Limited - India
- Mercuria Energy - Indonesia
- Goldman Sachs - Singapore
- Energy Link Ltd, New Zealand
- Chamber of Mines of South Africa
- Africa Commodities Group - South Africa
- Straits Asia Resources Limited - Singapore
- India Bulls Power Limited - India
- Altura Mining Limited, Indonesia
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- SMG Consultants - Indonesia
- Ministry of Finance - Indonesia
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- Coal and Oil Company - UAE
- Antam Resourcindo - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Ministry of Transport, Egypt
- New Zealand Coal & Carbon
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- Latin American Coal - Colombia
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- Aboitiz Power Corporation - Philippines
- Economic Council, Georgia
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- Cement Manufacturers Association - India
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- SMC Global Power, Philippines
- Wood Mackenzie - Singapore
- IEA Clean Coal Centre - UK
- PowerSource Philippines DevCo
- Eastern Coal Council - USA
- GN Power Mariveles Coal Plant, Philippines
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- Energy Development Corp, Philippines
- ASAPP Information Group - India
- Salva Resources Pvt Ltd - India
- Rio Tinto Coal - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Kumho Petrochemical, South Korea
- European Bulk Services B.V. - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- CIMB Investment Bank - Malaysia
- Aditya Birla Group - India
- Lanco Infratech Ltd - India
- Posco Energy - South Korea
- Australian Coal Association
- The State Trading Corporation of India Ltd
- Bayan Resources Tbk. - Indonesia
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- South Luzon Thermal Energy Corporation
- Chettinad Cement Corporation Ltd - India
- Tata Chemicals Ltd - India
- Minerals Council of Australia
- GMR Energy Limited - India
- Vedanta Resources Plc - India
- The University of Queensland
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- Bulk Trading Sa - Switzerland
- Oldendorff Carriers - Singapore
- Kaltim Prima Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Bhoruka Overseas - Indonesia
- GVK Power & Infra Limited - India
- Vizag Seaport Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- White Energy Company Limited
- Edison Trading Spa - Italy
- Formosa Plastics Group - Taiwan
- Rashtriya Ispat Nigam Limited - India
- PTC India Limited - India
- Sinarmas Energy and Mining - Indonesia
- Thai Mozambique Logistica
- Independent Power Producers Association of India
- Bukit Baiduri Energy - Indonesia
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- Georgia Ports Authority, United States
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- London Commodity Brokers - England
- Siam City Cement - Thailand
- Renaissance Capital - South Africa
- Medco Energi Mining Internasional
- Barasentosa Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Simpson Spence & Young - Indonesia
- LBH Netherlands Bv - Netherlands
- Metalloyd Limited - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- McConnell Dowell - Australia
- Electricity Generating Authority of Thailand
- Sical Logistics Limited - India
- Electricity Authority, New Zealand
- Orica Australia Pty. Ltd.
- Deloitte Consulting - India
- Grasim Industreis Ltd - India
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- Power Finance Corporation Ltd., India
- Planning Commission, India
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- CNBM International Corporation - China
- Samtan Co., Ltd - South Korea
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- The Treasury - Australian Government
- Trasteel International SA, Italy
- Thiess Contractors Indonesia
- Directorate Of Revenue Intelligence - India
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- Romanian Commodities Exchange
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- MS Steel International - UAE
- SN Aboitiz Power Inc, Philippines
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- Ambuja Cements Ltd - India
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- Agrawal Coal Company - India
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