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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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- Sojitz Corporation - Japan
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- Kobexindo Tractors - Indoneisa
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- Indogreen Group - Indonesia
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- Kideco Jaya Agung - Indonesia
- Independent Power Producers Association of India
- Heidelberg Cement - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Directorate Of Revenue Intelligence - India
- Barasentosa Lestari - Indonesia
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- Thiess Contractors Indonesia
- Makarim & Taira - Indonesia
- Minerals Council of Australia
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- PTC India Limited - India
- SN Aboitiz Power Inc, Philippines
- Gujarat Sidhee Cement - India
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- Directorate General of MIneral and Coal - Indonesia
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- Interocean Group of Companies - India
- Electricity Authority, New Zealand
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- Ministry of Transport, Egypt
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- Petrochimia International Co. Ltd.- Taiwan
- Formosa Plastics Group - Taiwan
- Deloitte Consulting - India
- Holcim Trading Pte Ltd - Singapore
- Madhucon Powers Ltd - India
- Indonesian Coal Mining Association
- Indika Energy - Indonesia
- Ambuja Cements Ltd - India
- Ministry of Mines - Canada
- New Zealand Coal & Carbon
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- Parry Sugars Refinery, India
- Attock Cement Pakistan Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Australian Commodity Traders Exchange
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- Riau Bara Harum - Indonesia
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- Eastern Coal Council - USA
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- Siam City Cement PLC, Thailand
- Kepco SPC Power Corporation, Philippines
- VISA Power Limited - India
- Georgia Ports Authority, United States
- Planning Commission, India
- Gujarat Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Coastal Gujarat Power Limited - India
- GVK Power & Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- SMG Consultants - Indonesia
- European Bulk Services B.V. - Netherlands
- Merrill Lynch Commodities Europe
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- CNBM International Corporation - China
- PetroVietnam Power Coal Import and Supply Company
- IHS Mccloskey Coal Group - USA
- Billiton Holdings Pty Ltd - Australia
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- Bukit Makmur.PT - Indonesia
- Price Waterhouse Coopers - Russia
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- Borneo Indobara - Indonesia
- Medco Energi Mining Internasional
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Uttam Galva Steels Limited - India
- Aditya Birla Group - India
- Power Finance Corporation Ltd., India
- Mercuria Energy - Indonesia
- Orica Australia Pty. Ltd.
- Australian Coal Association
- Bharathi Cement Corporation - India
- CIMB Investment Bank - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- LBH Netherlands Bv - Netherlands
- Leighton Contractors Pty Ltd - Australia
- Sakthi Sugars Limited - India
- Jindal Steel & Power Ltd - India
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- Tata Chemicals Ltd - India
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- OPG Power Generation Pvt Ltd - India
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- Baramulti Group, Indonesia
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- Chamber of Mines of South Africa
- Miang Besar Coal Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
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- Romanian Commodities Exchange
- Petron Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Bhushan Steel Limited - India
- Kalimantan Lumbung Energi - Indonesia
- PowerSource Philippines DevCo
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- Rio Tinto Coal - Australia
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- GN Power Mariveles Coal Plant, Philippines
- Global Coal Blending Company Limited - Australia
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- Commonwealth Bank - Australia
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- Goldman Sachs - Singapore
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- SMC Global Power, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The University of Queensland
- Maharashtra Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Posco Energy - South Korea
- Global Green Power PLC Corporation, Philippines
- Orica Mining Services - Indonesia
- The Treasury - Australian Government
- Global Business Power Corporation, Philippines
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- Star Paper Mills Limited - India
- Parliament of New Zealand
- Antam Resourcindo - Indonesia
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- Wood Mackenzie - Singapore
- Africa Commodities Group - South Africa
- Sical Logistics Limited - India
- Timah Investasi Mineral - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Central Electricity Authority - India
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- Electricity Generating Authority of Thailand
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- Economic Council, Georgia
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- Alfred C Toepfer International GmbH - Germany
- Kapuas Tunggal Persada - Indonesia
- Bulk Trading Sa - Switzerland
- Meralco Power Generation, Philippines
- The State Trading Corporation of India Ltd
- Simpson Spence & Young - Indonesia
- India Bulls Power Limited - India
- Karaikal Port Pvt Ltd - India
- Renaissance Capital - South Africa
- Ceylon Electricity Board - Sri Lanka
- Mercator Lines Limited - India
- London Commodity Brokers - England
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- Larsen & Toubro Limited - India
- Indian Oil Corporation Limited
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