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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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- Wilmar Investment Holdings
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- Energy Development Corp, Philippines
- VISA Power Limited - India
- Power Finance Corporation Ltd., India
- Sree Jayajothi Cements Limited - India
- Eastern Energy - Thailand
- Sarangani Energy Corporation, Philippines
- Semirara Mining Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Alfred C Toepfer International GmbH - Germany
- Metalloyd Limited - United Kingdom
- GAC Shipping (India) Pvt Ltd
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- Directorate Of Revenue Intelligence - India
- ICICI Bank Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Offshore Bulk Terminal Pte Ltd, Singapore
- McConnell Dowell - Australia
- Interocean Group of Companies - India
- Ind-Barath Power Infra Limited - India
- Planning Commission, India
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- PNOC Exploration Corporation - Philippines
- Goldman Sachs - Singapore
- Mjunction Services Limited - India
- Wood Mackenzie - Singapore
- Commonwealth Bank - Australia
- Manunggal Multi Energi - Indonesia
- IEA Clean Coal Centre - UK
- ASAPP Information Group - India
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- Riau Bara Harum - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Oldendorff Carriers - Singapore
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Australian Commodity Traders Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- India Bulls Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Georgia Ports Authority, United States
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- Siam City Cement PLC, Thailand
- Petron Corporation, Philippines
- Heidelberg Cement - Germany
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- Neyveli Lignite Corporation Ltd, - India
- Parliament of New Zealand
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- Karaikal Port Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Antam Resourcindo - Indonesia
- Aditya Birla Group - India
- The Treasury - Australian Government
- Bahari Cakrawala Sebuku - Indonesia
- Trasteel International SA, Italy
- Orica Mining Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bhatia International Limited - India
- Australian Coal Association
- Marubeni Corporation - India
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
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- Jaiprakash Power Ventures ltd
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- TeaM Sual Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Ministry of Mines - Canada
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- London Commodity Brokers - England
- Videocon Industries ltd - India
- GN Power Mariveles Coal Plant, Philippines
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- Tamil Nadu electricity Board
- Chamber of Mines of South Africa
- Maharashtra Electricity Regulatory Commission - India
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- AsiaOL BioFuels Corp., Philippines
- LBH Netherlands Bv - Netherlands
- IHS Mccloskey Coal Group - USA
- Iligan Light & Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Makarim & Taira - Indonesia
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- Electricity Authority, New Zealand
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- Eastern Coal Council - USA
- Bhoruka Overseas - Indonesia
- Merrill Lynch Commodities Europe
- Karbindo Abesyapradhi - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Latin American Coal - Colombia
- Sojitz Corporation - Japan
- Indian Oil Corporation Limited
- Kumho Petrochemical, South Korea
- Singapore Mercantile Exchange
- Attock Cement Pakistan Limited
- Africa Commodities Group - South Africa
- PTC India Limited - India
- Ministry of Finance - Indonesia
- Gujarat Sidhee Cement - India
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- Independent Power Producers Association of India
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- White Energy Company Limited
- Ceylon Electricity Board - Sri Lanka
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- Kapuas Tunggal Persada - Indonesia
- Energy Link Ltd, New Zealand
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- Kaltim Prima Coal - Indonesia
- Renaissance Capital - South Africa
- Indo Tambangraya Megah - Indonesia
- Global Coal Blending Company Limited - Australia
- Minerals Council of Australia
- Vedanta Resources Plc - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bharathi Cement Corporation - India
- Kartika Selabumi Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Standard Chartered Bank - UAE
- Edison Trading Spa - Italy
- Mercator Lines Limited - India
- Mercuria Energy - Indonesia
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- Economic Council, Georgia
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- CIMB Investment Bank - Malaysia
- Directorate General of MIneral and Coal - Indonesia
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- Coalindo Energy - Indonesia
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- MS Steel International - UAE
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- PowerSource Philippines DevCo
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