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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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- Cigading International Bulk Terminal - Indonesia
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- Rio Tinto Coal - Australia
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- Wood Mackenzie - Singapore
- International Coal Ventures Pvt Ltd - India
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- Malabar Cements Ltd - India
- Minerals Council of Australia
- The Treasury - Australian Government
- Riau Bara Harum - Indonesia
- Timah Investasi Mineral - Indoneisa
- Indonesian Coal Mining Association
- Gujarat Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Chamber of Mines of South Africa
- Renaissance Capital - South Africa
- White Energy Company Limited
- Manunggal Multi Energi - Indonesia
- Parliament of New Zealand
- Romanian Commodities Exchange
- Bulk Trading Sa - Switzerland
- Metalloyd Limited - United Kingdom
- South Luzon Thermal Energy Corporation
- VISA Power Limited - India
- Semirara Mining and Power Corporation, Philippines
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- Holcim Trading Pte Ltd - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
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- PowerSource Philippines DevCo
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- Bayan Resources Tbk. - Indonesia
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- Globalindo Alam Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Commonwealth Bank - Australia
- Ambuja Cements Ltd - India
- Gujarat Sidhee Cement - India
- Attock Cement Pakistan Limited
- Independent Power Producers Association of India
- Eastern Energy - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Tata Chemicals Ltd - India
- Orica Australia Pty. Ltd.
- Indian Energy Exchange, India
- Miang Besar Coal Terminal - Indonesia
- Baramulti Group, Indonesia
- Singapore Mercantile Exchange
- Ministry of Transport, Egypt
- Global Green Power PLC Corporation, Philippines
- Petron Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Billiton Holdings Pty Ltd - Australia
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- Salva Resources Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Standard Chartered Bank - UAE
- Medco Energi Mining Internasional
- Sojitz Corporation - Japan
- Meenaskhi Energy Private Limited - India
- Meralco Power Generation, Philippines
- Sarangani Energy Corporation, Philippines
- The State Trading Corporation of India Ltd
- Banpu Public Company Limited - Thailand
- Lanco Infratech Ltd - India
- Simpson Spence & Young - Indonesia
- Siam City Cement - Thailand
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- Australian Coal Association
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- Bahari Cakrawala Sebuku - Indonesia
- Therma Luzon, Inc, Philippines
- Merrill Lynch Commodities Europe
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- Agrawal Coal Company - India
- Alfred C Toepfer International GmbH - Germany
- Georgia Ports Authority, United States
- Kumho Petrochemical, South Korea
- Energy Link Ltd, New Zealand
- The University of Queensland
- SMG Consultants - Indonesia
- IHS Mccloskey Coal Group - USA
- Binh Thuan Hamico - Vietnam
- Sical Logistics Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Directorate General of MIneral and Coal - Indonesia
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- Videocon Industries ltd - India
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- Bhoruka Overseas - Indonesia
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- Sinarmas Energy and Mining - Indonesia
- Electricity Generating Authority of Thailand
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- CNBM International Corporation - China
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- Economic Council, Georgia
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- GVK Power & Infra Limited - India
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- Australian Commodity Traders Exchange
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- Barasentosa Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
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- Rashtriya Ispat Nigam Limited - India
- ICICI Bank Limited - India
- Mercuria Energy - Indonesia
- Indika Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Oldendorff Carriers - Singapore
- Orica Mining Services - Indonesia
- Price Waterhouse Coopers - Russia
- MS Steel International - UAE
- Goldman Sachs - Singapore
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
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- Anglo American - United Kingdom
- Africa Commodities Group - South Africa
- Borneo Indobara - Indonesia
- Aboitiz Power Corporation - Philippines
- Interocean Group of Companies - India
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- Kobexindo Tractors - Indoneisa
- Antam Resourcindo - Indonesia
- Eastern Coal Council - USA
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- Bhushan Steel Limited - India
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- GAC Shipping (India) Pvt Ltd
- ASAPP Information Group - India
- San Jose City I Power Corp, Philippines
- Larsen & Toubro Limited - India
- Coal and Oil Company - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- London Commodity Brokers - England
- Altura Mining Limited, Indonesia
- Power Finance Corporation Ltd., India
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- Ceylon Electricity Board - Sri Lanka
- Vedanta Resources Plc - India
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- Tamil Nadu electricity Board
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- Bank of Tokyo Mitsubishi UFJ Ltd
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