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Friday, 14 August 09
INDONESIA COAL-PRICES FALL TO $74, INDIA EYES SEPT CARGOES
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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- Vedanta Resources Plc - India
- Ind-Barath Power Infra Limited - India
- Central Java Power - Indonesia
- Cement Manufacturers Association - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petron Corporation, Philippines
- GMR Energy Limited - India
- Minerals Council of Australia
- Kalimantan Lumbung Energi - Indonesia
- Power Finance Corporation Ltd., India
- Chettinad Cement Corporation Ltd - India
- India Bulls Power Limited - India
- GVK Power & Infra Limited - India
- New Zealand Coal & Carbon
- Asmin Koalindo Tuhup - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Wood Mackenzie - Singapore
- Romanian Commodities Exchange
- PNOC Exploration Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Holcim Trading Pte Ltd - Singapore
- Posco Energy - South Korea
- Altura Mining Limited, Indonesia
- International Coal Ventures Pvt Ltd - India
- Indika Energy - Indonesia
- CNBM International Corporation - China
- ASAPP Information Group - India
- Thiess Contractors Indonesia
- Electricity Authority, New Zealand
- Kobexindo Tractors - Indoneisa
- GAC Shipping (India) Pvt Ltd
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- Semirara Mining Corp, Philippines
- Dalmia Cement Bharat India
- White Energy Company Limited
- Karbindo Abesyapradhi - Indoneisa
- The Treasury - Australian Government
- Bharathi Cement Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Australian Commodity Traders Exchange
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- Indogreen Group - Indonesia
- Riau Bara Harum - Indonesia
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- Economic Council, Georgia
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- The University of Queensland
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- Bayan Resources Tbk. - Indonesia
- Singapore Mercantile Exchange
- Trasteel International SA, Italy
- Parry Sugars Refinery, India
- Orica Australia Pty. Ltd.
- Energy Link Ltd, New Zealand
- Krishnapatnam Port Company Ltd. - India
- London Commodity Brokers - England
- LBH Netherlands Bv - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Iligan Light & Power Inc, Philippines
- Heidelberg Cement - Germany
- Carbofer General Trading SA - India
- Straits Asia Resources Limited - Singapore
- Kaltim Prima Coal - Indonesia
- Meralco Power Generation, Philippines
- PowerSource Philippines DevCo
- Wilmar Investment Holdings
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- Ministry of Finance - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Rio Tinto Coal - Australia
- SN Aboitiz Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Goldman Sachs - Singapore
- Simpson Spence & Young - Indonesia
- Sojitz Corporation - Japan
- Global Business Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Aditya Birla Group - India
- AsiaOL BioFuels Corp., Philippines
- Global Coal Blending Company Limited - Australia
- Siam City Cement - Thailand
- Georgia Ports Authority, United States
- Therma Luzon, Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Independent Power Producers Association of India
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- Aboitiz Power Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tata Chemicals Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Australian Coal Association
- Ministry of Mines - Canada
- Edison Trading Spa - Italy
- Videocon Industries ltd - India
- MS Steel International - UAE
- Jaiprakash Power Ventures ltd
- Formosa Plastics Group - Taiwan
- Bukit Baiduri Energy - Indonesia
- McConnell Dowell - Australia
- Coal and Oil Company - UAE
- Antam Resourcindo - Indonesia
- Thai Mozambique Logistica
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- VISA Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Kartika Selabumi Mining - Indonesia
- Indian Oil Corporation Limited
- Commonwealth Bank - Australia
- SMG Consultants - Indonesia
- Sical Logistics Limited - India
- Indian Energy Exchange, India
- Planning Commission, India
- Chamber of Mines of South Africa
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- Bangladesh Power Developement Board
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- Eastern Energy - Thailand
- Renaissance Capital - South Africa
- Star Paper Mills Limited - India
- Marubeni Corporation - India
- Africa Commodities Group - South Africa
- European Bulk Services B.V. - Netherlands
- Parliament of New Zealand
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- IHS Mccloskey Coal Group - USA
- Anglo American - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Kideco Jaya Agung - Indonesia
- Metalloyd Limited - United Kingdom
- Mintek Dendrill Indonesia
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- Directorate General of MIneral and Coal - Indonesia
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- Bulk Trading Sa - Switzerland
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- Merrill Lynch Commodities Europe
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- Toyota Tsusho Corporation, Japan
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- Miang Besar Coal Terminal - Indonesia
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- Jindal Steel & Power Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
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- ICICI Bank Limited - India
- Alfred C Toepfer International GmbH - Germany
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