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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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- Heidelberg Cement - Germany
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- Chamber of Mines of South Africa
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Goldman Sachs - Singapore
- Carbofer General Trading SA - India
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- SMC Global Power, Philippines
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- Baramulti Group, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kartika Selabumi Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- Larsen & Toubro Limited - India
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- Interocean Group of Companies - India
- London Commodity Brokers - England
- Billiton Holdings Pty Ltd - Australia
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- Formosa Plastics Group - Taiwan
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- Economic Council, Georgia
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- Electricity Authority, New Zealand
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- European Bulk Services B.V. - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Altura Mining Limited, Indonesia
- Mjunction Services Limited - India
- Vedanta Resources Plc - India
- Attock Cement Pakistan Limited
- Indika Energy - Indonesia
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- Bulk Trading Sa - Switzerland
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- Offshore Bulk Terminal Pte Ltd, Singapore
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- LBH Netherlands Bv - Netherlands
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- Wilmar Investment Holdings
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- MS Steel International - UAE
- Independent Power Producers Association of India
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- Krishnapatnam Port Company Ltd. - India
- VISA Power Limited - India
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- Banpu Public Company Limited - Thailand
- Savvy Resources Ltd - HongKong
- Neyveli Lignite Corporation Ltd, - India
- White Energy Company Limited
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- CIMB Investment Bank - Malaysia
- International Coal Ventures Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Makarim & Taira - Indonesia
- Singapore Mercantile Exchange
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- The State Trading Corporation of India Ltd
- Cement Manufacturers Association - India
- Eastern Energy - Thailand
- Grasim Industreis Ltd - India
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- Mercator Lines Limited - India
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- San Jose City I Power Corp, Philippines
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- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- Orica Australia Pty. Ltd.
- Essar Steel Hazira Ltd - India
- Global Business Power Corporation, Philippines
- Coal and Oil Company - UAE
- Petron Corporation, Philippines
- SMG Consultants - Indonesia
- Posco Energy - South Korea
- Intertek Mineral Services - Indonesia
- Parry Sugars Refinery, India
- Thai Mozambique Logistica
- McConnell Dowell - Australia
- Ministry of Finance - Indonesia
- Metalloyd Limited - United Kingdom
- Port Waratah Coal Services - Australia
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- Videocon Industries ltd - India
- Electricity Generating Authority of Thailand
- Pendopo Energi Batubara - Indonesia
- Trasteel International SA, Italy
- Standard Chartered Bank - UAE
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- Jorong Barutama Greston.PT - Indonesia
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- Timah Investasi Mineral - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Minerals Council of Australia
- PowerSource Philippines DevCo
- Bhatia International Limited - India
- Maheswari Brothers Coal Limited - India
- IEA Clean Coal Centre - UK
- Kumho Petrochemical, South Korea
- South Luzon Thermal Energy Corporation
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- Power Finance Corporation Ltd., India
- Sakthi Sugars Limited - India
- SN Aboitiz Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
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- IHS Mccloskey Coal Group - USA
- Aboitiz Power Corporation - Philippines
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- Karbindo Abesyapradhi - Indoneisa
- Indian Energy Exchange, India
- Price Waterhouse Coopers - Russia
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- Eastern Coal Council - USA
- Wood Mackenzie - Singapore
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- Parliament of New Zealand
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